Axos Financial AX Payment to Acquire Life Insurance Policy, Investing Activities
Payment to Acquire Life Insurance Policy, Investing Activities at other companies
Other financials
Where this comes from
Reported directly by Axos Financial in its filing.
Tagged under the XBRL concept us-gaap:PaymentsToAcquireLifeInsurancePolicies.
The official record: Axos Financial’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Axos Financial's payment to acquire life insurance policy, investing activities?
- Axos Financial (AX) reported payment to acquire life insurance policy, investing activities of $0 in Q1 2026.
- What does payment to acquire life insurance policy, investing activities mean?
- Reflects cash outflows for the purchase of Bank-Owned Life Insurance (BOLI) policies, often used as a tax-advantaged investment vehicle to offset employee benefit costs. This represents a strategic allocation of capital into long-term, stable financial instruments. It indicates the bank's approach to managing long-term liability funding.