Broadway Financial BYFC Bank Owned Life Insurance Income
Bank Owned Life Insurance Income at other companies
Other financials
Where this comes from
Reported directly by Broadway Financial in its filing.
Tagged under the XBRL concept us-gaap:BankOwnedLifeInsuranceIncome.
The official record: Broadway Financial’s 10-Q, filed May 15, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Broadway Financial's bank owned life insurance income?
- Broadway Financial (BYFC) reported bank owned life insurance income of $255K in Q1 2026.
- How has Broadway Financial's bank owned life insurance income changed year-over-year?
- Broadway Financial's bank owned life insurance income increased by 2218.2% year-over-year, from $11K to $255K.
- What is the long-term trend for Broadway Financial's bank owned life insurance income?
- Over 4 years (2021 to 2025), Broadway Financial's bank owned life insurance income has grown at a 67.9% compound annual growth rate (CAGR), from $43K to $342K.
- What does bank owned life insurance income mean?
- This represents the income generated from cash surrender value increases or death benefit proceeds related to life insurance policies owned by the bank on its employees. It serves as a non-interest income stream often used to offset the costs of employee benefit programs. This metric is a key component of diversified non-interest revenue.