Provident Financial Services PFS Proceeds From Life Insurance Policies
Proceeds From Life Insurance Policies at other companies
Other financials
Where this comes from
Reported directly by Provident Financial Services in its filing.
Tagged under the XBRL concept us-gaap:ProceedsFromLifeInsurancePolicies.
The official record: Provident Financial Services’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Provident Financial Services's proceeds from life insurance policies?
- Provident Financial Services (PFS) reported proceeds from life insurance policies of $0 in Q1 2026.
- How has Provident Financial Services's proceeds from life insurance policies changed year-over-year?
- Provident Financial Services's proceeds from life insurance policies decreased by 100.0% year-over-year, from $906K to $0.
- What is the long-term trend for Provident Financial Services's proceeds from life insurance policies?
- Over 3 years (2021 to 2024), Provident Financial Services's proceeds from life insurance policies has grown at a 4.1% compound annual growth rate (CAGR), from $7.96M to $9M.
- What does proceeds from life insurance policies mean?
- Reflects cash inflows received from Bank-Owned Life Insurance (BOLI) policies, typically resulting from death benefits or policy surrenders. These proceeds contribute to non-interest income and support the bank's overall capital position.