Prosperity Bancshares PB Bank Owned Life Insurance
Bank Owned Life Insurance at other companies
Other financials
Where this comes from
Reported directly by Prosperity Bancshares in its filing.
Tagged under the XBRL concept us-gaap:BankOwnedLifeInsurance.
The official record: Prosperity Bancshares’s 10-Q, filed May 11, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Prosperity Bancshares's bank owned life insurance?
- Prosperity Bancshares (PB) reported bank owned life insurance of $446.66M in Q1 2026.
- How has Prosperity Bancshares's bank owned life insurance changed year-over-year?
- Prosperity Bancshares's bank owned life insurance increased by 15.1% year-over-year, from $388.12M to $446.66M.
- What is the long-term trend for Prosperity Bancshares's bank owned life insurance?
- Over 5 years (2020 to 2025), Prosperity Bancshares's bank owned life insurance has grown at a 3.9% compound annual growth rate (CAGR), from $324.36M to $392.76M.
- 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 key employees. It serves as a tax-advantaged investment vehicle used to offset the costs of employee benefit plans.