Atlantic Union Bankshares AUB Bank Owned Life Insurance
Bank Owned Life Insurance at other companies
Other financials
Where this comes from
Reported directly by Atlantic Union Bankshares in its filing.
Tagged under the XBRL concept us-gaap:BankOwnedLifeInsurance.
The official record: Atlantic Union Bankshares’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Atlantic Union Bankshares's bank owned life insurance?
- Atlantic Union Bankshares (AUB) reported bank owned life insurance of $675.82M in Q1 2026.
- How has Atlantic Union Bankshares's bank owned life insurance changed year-over-year?
- Atlantic Union Bankshares's bank owned life insurance increased by 36.0% year-over-year, from $496.93M to $675.82M.
- What is the long-term trend for Atlantic Union Bankshares's bank owned life insurance?
- Over 5 years (2020 to 2025), Atlantic Union Bankshares's bank owned life insurance has grown at a 15.5% compound annual growth rate (CAGR), from $326.89M to $672.89M.
- What does bank owned life insurance mean?
- This represents the cash surrender value of life insurance policies purchased by the bank on the lives of its employees or executives. The bank is the beneficiary, and the policy serves as a tax-advantaged investment vehicle to offset the costs of employee benefit plans. It is a stable, long-term asset that contributes to non-interest income.