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FB Financial FBK Bank Owned Life Insurance

Bank Owned Life Insurance at other companies

Simmons First National logo
Simmons First NationalSFNC
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F.N.B. Corporation logo
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$674M+1.4%
Independent Bank Corp logo
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$381.23M+25.0%
Center Bancorp logo
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$373.66M+52.7%
Citizens Financial Services, Inc. logo
Citizens Financial Services, Inc.CZFS
$74.47M+46.7%
FB Bancorp, Inc. logo
FB Bancorp, Inc.FBLA

Other financials

Income statement

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Revenue$172.3M+31.9%
Net income$57.5M+46.1%
EPS (diluted)$1.10+31.0%

Balance sheet

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Cash & equivalents$1.2B+45.7%
Total debt$273.4M+19.2%
Total equity$2.0B+23.2%
Total assets$16.5B+25.4%

Cash flow

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Operating cash flow$31.0M+288%
CapEx$1.7M+4.9%
Free cash flow$29.3M+262%

Valuation

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Market cap$3.04B+19.5%
Enterprise value$2.16B+34.4%
P/E21.6×-6.6×
P/S5.1×-0.9×

Profitability

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Net margin23.4%-3.2pp
FCF margin32.3%+15.7pp

Returns & leverage

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Return on equity7.9%-0.4pp
Debt / equity0.1×0.0×

Where this comes from

Reported directly by FB Financial in its filing.

Tagged under the XBRL concept us-gaap:BankOwnedLifeInsurance.

The source filing: FB Financial’s 10-Q, filed May 4, 2026.

Filed
May 4, 2026, 12:02 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001649749-26-000040
Line itemMarch 31,December 31,
Operating lease right-of-use assets48,22349,249
Interest receivable59,83758,565
Mortgage servicing rights, at fair value147,344148,795
Bank-owned life insurance110,484111,865
Other real estate owned, net6,4496,009
Goodwill350,353350,353
Core deposit and other intangibles, net29,41531,284
Other assets250,448268,408

Item 1. Consolidated Financial Statements

FAQ

What is FB Financial's bank owned life insurance?
FB Financial (FBK) reported bank owned life insurance of $110.48M in Q1 2026.
How has FB Financial's bank owned life insurance changed year-over-year?
FB Financial's bank owned life insurance increased by 52.6% year-over-year, from $72.4M to $110.48M.
What is the long-term trend for FB Financial's bank owned life insurance?
Over 5 years (2020 to 2025), FB Financial's bank owned life insurance has grown at a 9.2% compound annual growth rate (CAGR), from $71.98M to $111.87M.
What does bank owned life insurance mean?
Bank Owned Life Insurance (BOLI) consists of life insurance policies purchased by the bank on the lives of key employees, where the bank is the beneficiary. It serves as a tax-advantaged investment vehicle to offset the costs of employee benefit plans. The cash surrender value of these policies provides a stable, long-term asset base.

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