BV Financial, Inc. BVFL Bank Owned Life Insurance
Bank Owned Life Insurance at other companies
Other financials
Where this comes from
Reported directly by BV Financial, Inc. in its filing.
Tagged under the XBRL concept us-gaap:BankOwnedLifeInsurance.
The official record: BV Financial, Inc.’s 10-Q, filed May 11, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is BV Financial, Inc.'s bank owned life insurance?
- BV Financial, Inc. (BVFL) reported bank owned life insurance of $20.53M in Q1 2026.
- How has BV Financial, Inc.'s bank owned life insurance changed year-over-year?
- BV Financial, Inc.'s bank owned life insurance increased by 1.9% year-over-year, from $20.15M to $20.53M.
- What is the long-term trend for BV Financial, Inc.'s bank owned life insurance?
- Over 3 years (2022 to 2025), BV Financial, Inc.'s bank owned life insurance has grown at a 0.8% compound annual growth rate (CAGR), from $19.98M to $20.44M.
- 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 key employees or officers. The bank acts as the beneficiary, using the policy to offset the costs of employee benefit plans. It is considered a stable, tax-advantaged asset that provides long-term financial support for corporate obligations.