Burke & Herbert Financial Services Corp. BHRB Bank Owned Life Insurance Income
Bank Owned Life Insurance Income at other companies
Other financials
Where this comes from
Reported directly by Burke & Herbert Financial Services Corp. in its filing.
Tagged under the XBRL concept us-gaap:BankOwnedLifeInsuranceIncome.
The official record: Burke & Herbert Financial Services Corp.’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Burke & Herbert Financial Services Corp.'s bank owned life insurance income?
- Burke & Herbert Financial Services Corp. (BHRB) reported bank owned life insurance income of $1.48M in Q1 2026.
- How has Burke & Herbert Financial Services Corp.'s bank owned life insurance income changed year-over-year?
- Burke & Herbert Financial Services Corp.'s bank owned life insurance income increased by 24.0% year-over-year, from $1.19M to $1.48M.
- What is the long-term trend for Burke & Herbert Financial Services Corp.'s bank owned life insurance income?
- Over 4 years (2021 to 2025), Burke & Herbert Financial Services Corp.'s bank owned life insurance income has grown at a 36.7% compound annual growth rate (CAGR), from $2.33M to $8.13M.
- What does bank owned life insurance income mean?
- Income generated from the cash surrender value growth and death benefits of life insurance policies held on the lives of key employees or executives. This serves as a non-interest income stream that helps offset the costs of employee benefit programs. It is a common tool used by financial institutions to manage long-term benefit liabilities.