MVB Financial Corp. MVBF Bank Owned Life Insurance Income
Bank Owned Life Insurance Income at other companies
Other financials
Where this comes from
Reported directly by MVB Financial Corp. in its filing.
Tagged under the XBRL concept us-gaap:BankOwnedLifeInsuranceIncome.
The official record: MVB Financial Corp.’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is MVB Financial Corp.'s bank owned life insurance income?
- MVB Financial Corp. (MVBF) reported bank owned life insurance income of $545K in Q1 2026.
- How has MVB Financial Corp.'s bank owned life insurance income changed year-over-year?
- MVB Financial Corp.'s bank owned life insurance income increased by 82.3% year-over-year, from $299K to $545K.
- What is the long-term trend for MVB Financial Corp.'s bank owned life insurance income?
- Over 4 years (2021 to 2025), MVB Financial Corp.'s bank owned life insurance income has grown at a 11.0% compound annual growth rate (CAGR), from $995K to $1.51M.
- What does bank owned life insurance income mean?
- This represents the income generated from bank-owned life insurance (BOLI) policies, typically including the increase in cash surrender value and death benefits received. BOLI is often used by financial institutions as a tax-advantaged method to offset the costs of employee benefit programs. It serves as a stable, recurring component of non-interest income.