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BankUnited BKU Bank Owned Life Insurance

Bank Owned Life Insurance at other companies

UBS
United BanksharesUBSI
$558.03M+3.1%
Customers Bancorp logo
Customers BancorpCUBI
$310.31M+3.2%
Center Bancorp logo
Center BancorpCNOB
$373.66M+52.7%
Atlantic Union Bankshares logo
Atlantic Union BanksharesAUB
$679.51M+2.1%
Ameris Bancorp logo
Ameris BancorpABCB
$427.79M+3.2%
Origin Bancorp logo
Origin BancorpOBK
$42.22M+2.3%

Other financials

Income statement

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Revenue$284.6M+3.9%
Net income$70.7M+2.8%
EPS (diluted)$0.97+6.6%

Balance sheet

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Cash & equivalents$367.9M-54.1%
Total debt$318.9M-55.0%
Total equity$3.0B+1.7%
Total assets$34.9B-1.6%

Cash flow

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Operating cash flow$128.6M+9.4%
CapEx-$14.1M-2,220%
Free cash flow$114.6M-2.1%

Valuation

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Market cap$3.36B+23.8%
Enterprise value$3.31B+26.3%
P/E12.3×+1.8×
P/S+0.4×

Profitability

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Net margin24.4%-0.2pp
FCF margin29.4%-0.4pp

Returns & leverage

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Return on equity9.2%+0.1pp
Debt / equity0.1×-0.1×

Where this comes from

Reported directly by BankUnited in its filing.

Tagged under the XBRL concept us-gaap:BankOwnedLifeInsurance.

The source filing: BankUnited’s 10-Q, filed August 6, 2026.

Filed
Aug 6, 2026, 4:44 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001504008-26-000079
Line itemJune 30,2026December 31,2025
Loans23,929,07324,273,707
Allowance for credit losses(217,516)(219,825)
Loans, net23,711,55724,053,882
Bank owned life insurance315,848305,313
Operating lease equipment, net157,272171,371
Goodwill77,63777,637
Other assets789,789809,129
Total assets$34,882,242$35,039,451

Item 1. Financial Statements (Unaudited)

FAQ

What is BankUnited's bank owned life insurance?
BankUnited (BKU) reported bank owned life insurance of $315.85M in Q2 2026.
How has BankUnited's bank owned life insurance changed year-over-year?
BankUnited's bank owned life insurance increased by 7.1% year-over-year, from $294.86M to $315.85M.
What is the long-term trend for BankUnited's bank owned life insurance?
Over 5 years (2020 to 2025), BankUnited's bank owned life insurance has grown at a 0.7% compound annual growth rate (CAGR), from $294.63M to $305.31M.
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 key employees or officers. The bank acts as the beneficiary, using these policies as a tax-advantaged vehicle to offset the costs of employee benefit plans. It is considered a stable, long-term asset that provides supplemental income through tax-deferred growth.

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