First Business Financial Services FBIZ Bank Owned Life Insurance

Bank Owned Life Insurance at other companies

Southern First BancsharesSFST

$56.22M+3.2%

Bankwell Financial GroupBWFG

$54.57M+2.7%

First Financial CorporationTHFF

$136.45M+5.4%

Business First BancsharesBFST

$132.68M+12.5%

First Mid Bancshares, Inc.FMBH

$186.04M+8.7%

Customers BancorpCUBI

$306.93M+2.8%

Questions, answered.

What is First Business Financial Services's bank owned life insurance?

First Business Financial Services (FBIZ) reported bank owned life insurance of $84.78M in Q1 2026.

How has First Business Financial Services's bank owned life insurance changed year-over-year?

First Business Financial Services's bank owned life insurance increased by 47.1% year-over-year, from $57.65M to $84.78M.

What is the long-term trend for First Business Financial Services's bank owned life insurance?

Over 5 years (2020 to 2025), First Business Financial Services's bank owned life insurance has grown at a 10.0% compound annual growth rate (CAGR), from $52.19M to $83.99M.

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 executives. It serves as a tax-advantaged investment vehicle used to offset the costs of employee benefit programs and provide long-term financial stability. The growth and stability of this asset reflect the bank's strategic approach to managing long-term liabilities and capital allocation.