Northwest Bancshares NWBI Bank Owned Life Insurance
Bank Owned Life Insurance at other companies
Other financials
Where this comes from
Reported directly by Northwest Bancshares in its filing.
Tagged under the XBRL concept us-gaap:BankOwnedLifeInsurance.
The official record: Northwest Bancshares’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Northwest Bancshares's bank owned life insurance?
- Northwest Bancshares (NWBI) reported bank owned life insurance of $292.1M in Q1 2026.
- How has Northwest Bancshares's bank owned life insurance changed year-over-year?
- Northwest Bancshares's bank owned life insurance increased by 14.8% year-over-year, from $254.44M to $292.1M.
- What is the long-term trend for Northwest Bancshares's bank owned life insurance?
- Over 5 years (2020 to 2025), Northwest Bancshares's bank owned life insurance has grown at a 3.0% compound annual growth rate (CAGR), from $253.95M to $294.39M.
- 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. The bank acts as the beneficiary, and the policy provides a tax-advantaged vehicle for offsetting the costs of employee benefit programs. It serves as a long-term financial asset that contributes to non-interest income over time.