First Busey Corporation BUSE 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 First Busey Corporation in its filing.
Tagged under the XBRL concept us-gaap:PaymentsToAcquireLifeInsurancePolicies.
The official record: First Busey Corporation’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is First Busey Corporation's payment to acquire life insurance policy, investing activities?
- First Busey Corporation (BUSE) reported payment to acquire life insurance policy, investing activities of $42K in Q1 2026.
- How has First Busey Corporation's payment to acquire life insurance policy, investing activities changed year-over-year?
- First Busey Corporation's payment to acquire life insurance policy, investing activities decreased by 8.7% year-over-year, from $46K to $42K.
- What does payment to acquire life insurance policy, investing activities mean?
- This represents cash outflows related to the purchase of bank-owned life insurance (BOLI) policies. Financial institutions often utilize these policies as a tax-advantaged investment vehicle to offset the costs of employee benefit programs. It reflects the company's capital allocation strategy toward long-term, stable financial assets.