Screener
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 source filing: Northwest Bancshares’s 10-Q, filed August 5, 2026.
- Filed
- Aug 5, 2026, 4:32 PM EDT
- Fiscal quarter
- Q2 FY2026
- Calendar quarter
- Q2 2026
- Accession
- 0001471265-26-000032
| Line item | June 30, 2026 | December 31, 2025 |
|---|---|---|
| Accrued interest receivable | 57,473 | 56,291 |
| Real estate owned, net | 63 | 76 |
| Premises and equipment, net | 144,423 | 140,381 |
| Bank-owned life insurance | 293,354 | 294,386 |
| Goodwill | 444,997 | 444,330 |
| Other intangible assets, net | 35,312 | 39,667 |
| Other assets | 384,395 | 371,919 |
| Total assets | $17,207,139 | 16,766,617 |
Item 1. FINANCIAL STATEMENTS
FAQ
- What is Northwest Bancshares's bank owned life insurance?
- Northwest Bancshares (NWBI) reported bank owned life insurance of $293.35M in Q2 2026.
- How has Northwest Bancshares's bank owned life insurance changed year-over-year?
- Northwest Bancshares's bank owned life insurance increased by 14.7% year-over-year, from $255.71M to $293.35M.
- 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.
Ask your AI about Northwest Bancshares's bank owned life insurance.
Connect your AI assistant and compare it to peers, right in your chat.
Connect your AI
Claude