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Financial Institutions FISI Bank Owned Life Insurance

Bank Owned Life Insurance at other companies

KeyCorp logo
KeyCorpKEY
$4.44B+0.8%
Farmers National Banc Corp logo
Farmers National Banc CorpFMNB
$153.09M+31.1%
First Mid Bancshares, Inc. logo
First Mid Bancshares, Inc.FMBH
$186.04M+8.7%
HBT
HBT Financial, Inc.HBT
$37.68M+56.0%
Center Bancorp logo
Center BancorpCNOB
$373.66M+52.7%
CTB
Community Trust BancorpCTBI
$123.48M+7.1%

Other financials

Income statement

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Revenue$62.7M+9.5%
Net income$21.0M+24.3%
EPS (diluted)$1.04+28.4%

Balance sheet

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Cash & equivalents$85.5M-48.9%
Total debt$224.6M+5.7%
Total equity$631.7M+7.1%
Total assets$6.3B-0.7%

Cash flow

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Operating cash flow$23.7M+137%
CapEx$650.0K-20.3%
Free cash flow$23.0M+151%

Valuation

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Market cap$761.27M+53.9%
Enterprise value$900.46M+66.8%
P/E9.6×
P/S

Profitability

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Net margin31.5%
FCF margin33%-35.0pp

Returns & leverage

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Return on equity12.9%+10.1pp
Debt / equity0.4×0.0×

Where this comes from

Reported directly by Financial Institutions in its filing.

Tagged under the XBRL concept us-gaap:BankOwnedLifeInsurance.

The official record: Financial Institutions’s 10-Q, filed May 4, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Financial Institutions's bank owned life insurance?
Financial Institutions (FISI) reported bank owned life insurance of $179.16M in Q1 2026.
How has Financial Institutions's bank owned life insurance changed year-over-year?
Financial Institutions's bank owned life insurance decreased by 26.2% year-over-year, from $242.64M to $179.16M.
What is the long-term trend for Financial Institutions's bank owned life insurance?
Over 5 years (2020 to 2025), Financial Institutions's bank owned life insurance has grown at a 11.8% compound annual growth rate (CAGR), from $100.9M to $176.39M.
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. It serves as a tax-advantaged investment vehicle used to offset the costs of employee benefit programs. The growth of this asset reflects the bank's long-term strategy for managing benefit-related liabilities.