Meridian MRBK Bank Owned Life Insurance Income

Bank Owned Life Insurance Income at other companies

Banner CorporationBANR

$2.31M-10.2%

Midland States BancorpMSBI

$2.08M-11.1%

Mercantile Bank CorporationMBWM

$665K+22.5%

Columbia Banking SystemsCOLB

$9M+80.0%

Customers BancorpCUBI

$3.08M-33.8%

First Merchants CorporationFRME

$3.45M+58.1%

Questions, answered.

What is Meridian's bank owned life insurance income?

Meridian (MRBK) reported bank owned life insurance income of $272K in Q1 2026.

How has Meridian's bank owned life insurance income changed year-over-year?

Meridian's bank owned life insurance income increased by 22.5% year-over-year, from $222K to $272K.

What is the long-term trend for Meridian's bank owned life insurance income?

Over 4 years (2021 to 2025), Meridian's bank owned life insurance income has grown at a 27.2% compound annual growth rate (CAGR), from $365K to $956K.

What does bank owned life insurance income mean?

Earnings generated from the cash surrender value growth of life insurance policies purchased by the bank on the lives of key employees. This serves as a tax-advantaged investment vehicle used to offset the costs of employee benefit plans. It represents a stable, non-interest income source that supports long-term profitability.