Kearny Financial KRNY Bank Owned Life Insurance Increase In Cash Surrender Value
Bank Owned Life Insurance Increase In Cash Surrender Value at other companies
Other financials
Where this comes from
Reported directly by Kearny Financial in its filing.
Tagged under the XBRL concept krny:BankOwnedLifeInsuranceIncreaseInCashSurrenderValue.
The official record: Kearny Financial’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Kearny Financial's bank owned life insurance increase in cash surrender value?
- Kearny Financial (KRNY) reported bank owned life insurance increase in cash surrender value of $2.65M in Q1 2026.
- How has Kearny Financial's bank owned life insurance increase in cash surrender value changed year-over-year?
- Kearny Financial's bank owned life insurance increase in cash surrender value increased by 3.0% year-over-year, from $2.57M to $2.65M.
- What is the long-term trend for Kearny Financial's bank owned life insurance increase in cash surrender value?
- Over 4 years (2021 to 2025), Kearny Financial's bank owned life insurance increase in cash surrender value has grown at a 13.6% compound annual growth rate (CAGR), from $6.27M to $10.45M.
- What does bank owned life insurance increase in cash surrender value mean?
- This represents the increase in the cash surrender value of life insurance policies held by the bank on the lives of its employees or executives. The growth in this value is generally tax-exempt and serves as a stable, non-interest income component. It reflects the performance of the underlying investment assets within the insurance policies.