Customers Bancorp CUBI Bank Owned Life Insurance
Bank Owned Life Insurance at other companies
Other financials
Where this comes from
Reported directly by Customers Bancorp in its filing.
Tagged under the XBRL concept us-gaap:BankOwnedLifeInsurance.
The official record: Customers Bancorp’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Customers Bancorp's bank owned life insurance?
- Customers Bancorp (CUBI) reported bank owned life insurance of $306.93M in Q1 2026.
- How has Customers Bancorp's bank owned life insurance changed year-over-year?
- Customers Bancorp's bank owned life insurance increased by 2.8% year-over-year, from $298.55M to $306.93M.
- What is the long-term trend for Customers Bancorp's bank owned life insurance?
- Over 5 years (2020 to 2025), Customers Bancorp's bank owned life insurance has grown at a 1.8% compound annual growth rate (CAGR), from $280.07M to $305.5M.
- 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 employees or executives. The bank acts as the beneficiary, using these policies to offset the costs of employee benefit programs. It serves as a tax-advantaged asset that provides stable, long-term returns.