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BankUnited BKU Bank Owned Life Insurance

Bank Owned Life Insurance at other companies

Atlantic Union Bankshares logo
Atlantic Union BanksharesAUB
$675.82M+36.0%
United Community Banks logo
United Community BanksUCB
$365.49M+5.5%
UBS
United BanksharesUBSI
$551.31M+2.3%
Simmons First National logo
Simmons First NationalSFNC
$542.49M+1.3%
Ameris Bancorp logo
Ameris BancorpABCB
$424.16M+3.2%
Columbia Banking Systems logo
Columbia Banking SystemsCOLB
$1.22B+74.4%

Other financials

Income statement

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Revenue$273.7M+7.2%
Net income$61.9M+5.8%
EPS (diluted)$0.83+6.4%

Balance sheet

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Cash & equivalents$384.9M-13.3%
Total debt$319.3M-55.0%
Total equity$3.0B+4.1%
Total assets$35.4B+1.5%

Cash flow

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Operating cash flow$18.3M+11.8%
CapEx-$6.4M-331%
Free cash flow$12.0M-19.8%

Valuation

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Market cap$3.57B+29.2%

Profitability

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Net margin24.4%+0.8pp
FCF margin29.9%+2.7pp

Returns & leverage

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Return on equity9.2%+0.4pp
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 official record: BankUnited’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is BankUnited's bank owned life insurance?
BankUnited (BKU) reported bank owned life insurance of $314.17M in Q1 2026.
How has BankUnited's bank owned life insurance changed year-over-year?
BankUnited's bank owned life insurance increased by 6.9% year-over-year, from $293.89M to $314.17M.
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.