Customers Bancorp CUBI Bank Owned Life Insurance Income
Bank Owned Life Insurance Income at other companies
Other financials
Where this comes from
Reported directly by Customers Bancorp in its filing.
Tagged under the XBRL concept us-gaap:BankOwnedLifeInsuranceIncome.
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 income?
- Customers Bancorp (CUBI) reported bank owned life insurance income of $3.08M in Q1 2026.
- How has Customers Bancorp's bank owned life insurance income changed year-over-year?
- Customers Bancorp's bank owned life insurance income decreased by 33.8% year-over-year, from $4.66M to $3.08M.
- What is the long-term trend for Customers Bancorp's bank owned life insurance income?
- Over 4 years (2021 to 2025), Customers Bancorp's bank owned life insurance income has grown at a 7.6% compound annual growth rate (CAGR), from $8.42M to $11.26M.
- What does bank owned life insurance income mean?
- This represents the income or increase in cash surrender value of life insurance policies held by the bank on the lives of key employees or executives. It serves as a tax-advantaged financial instrument used to offset the costs of employee benefit programs. Stable or increasing income from this source supports overall non-interest revenue targets.