Peoples Financial Services PFIS Bank Owned Life Insurance Income
Bank Owned Life Insurance Income at other companies
Other financials
Where this comes from
Reported directly by Peoples Financial Services in its filing.
Tagged under the XBRL concept us-gaap:BankOwnedLifeInsuranceIncome.
The official record: Peoples Financial Services’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Peoples Financial Services's bank owned life insurance income?
- Peoples Financial Services (PFIS) reported bank owned life insurance income of $497K in Q1 2026.
- How has Peoples Financial Services's bank owned life insurance income changed year-over-year?
- Peoples Financial Services's bank owned life insurance income decreased by 5.5% year-over-year, from $526K to $497K.
- What is the long-term trend for Peoples Financial Services's bank owned life insurance income?
- Over 4 years (2021 to 2025), Peoples Financial Services's bank owned life insurance income has grown at a 23.6% compound annual growth rate (CAGR), from $889K to $2.08M.
- What does bank owned life insurance income mean?
- Represents the income generated from life insurance policies held by the bank on the lives of its employees or executives. This serves as a tax-advantaged investment vehicle to offset the costs of employee benefit plans.