Provident Financial Services PFS Bank Owned Life Insurance Income
Bank Owned Life Insurance Income 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:BankOwnedLifeInsuranceIncome.
The official record: Provident Financial Services’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →
Ask your AI about Provident Financial Services's bank owned life insurance income.
Connect your AI assistant and compare it to peers, right in your chat.
Connect your AI
Claude
Questions, answered.
- What is Provident Financial Services's bank owned life insurance income?
- Provident Financial Services (PFS) reported bank owned life insurance income of $4.03M in Q1 2026.
- How has Provident Financial Services's bank owned life insurance income changed year-over-year?
- Provident Financial Services's bank owned life insurance income increased by 92.8% year-over-year, from $2.09M to $4.03M.
- What is the long-term trend for Provident Financial Services's bank owned life insurance income?
- Over 4 years (2021 to 2025), Provident Financial Services's bank owned life insurance income has grown at a 6.3% compound annual growth rate (CAGR), from $7.93M to $10.13M.
- What does bank owned life insurance income mean?
- This metric represents the income recognized from life insurance policies held by the bank on the lives of its employees or executives. It reflects the tax-advantaged earnings generated by the cash surrender value of these policies, which serves as a stable, long-term financial asset for the institution.