Amalgamated Financial Corp. AMAL Bank Owned Life Insurance Income
Bank Owned Life Insurance Income at other companies
Other financials
Where this comes from
Reported directly by Amalgamated Financial Corp. in its filing.
Tagged under the XBRL concept us-gaap:BankOwnedLifeInsuranceIncome.
The official record: Amalgamated Financial Corp.’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Amalgamated Financial Corp.'s bank owned life insurance income?
- Amalgamated Financial Corp. (AMAL) reported bank owned life insurance income of $1.32M in Q1 2026.
- How has Amalgamated Financial Corp.'s bank owned life insurance income changed year-over-year?
- Amalgamated Financial Corp.'s bank owned life insurance income increased by 111.2% year-over-year, from $626K to $1.32M.
- What is the long-term trend for Amalgamated Financial Corp.'s bank owned life insurance income?
- Over 4 years (2021 to 2025), Amalgamated Financial Corp.'s bank owned life insurance income has grown at a 6.9% compound annual growth rate (CAGR), from $2.39M to $3.12M.
- What does bank owned life insurance income mean?
- This metric reflects the income or change in cash surrender value associated with life insurance policies held by the bank on its employees or executives. It serves as a tax-advantaged vehicle for offsetting benefit-related expenses.