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Park National PRK Bank Owned Life Insurance Income

Bank Owned Life Insurance Income at other companies

Old National Bancorp logo
Old National BancorpONB
$7.56M+40.5%
Customers Bancorp logo
Customers BancorpCUBI
$3.08M-33.8%
Ameris Bancorp logo
Ameris BancorpABCB
$0-100%
WaFd, Inc. logo
WaFd, Inc.WAFD
$1.98M+6.9%

Other financials

Income statement

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Revenue$159.5M+22.6%
Net income$41.7M-1.1%
EPS (diluted)$2.39-8.1%

Balance sheet

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Cash & equivalents$983.1M+314%
Total debt$154.1M+56.2%
Total equity$1.7B+32.9%
Total assets$13.0B+31.3%

Cash flow

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Operating cash flow$30.9M-18.1%
CapEx$4.3M+296%
Free cash flow$26.6M-27.3%

Valuation

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Market cap$3.24B+20.7%

Profitability

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Net margin30.6%+0.7pp
FCF margin31%-2.0pp

Returns & leverage

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Return on equity12.1%-0.9pp
Debt / equity0.1×0.0×

Where this comes from

Reported directly by Park National in its filing.

Tagged under the XBRL concept us-gaap:BankOwnedLifeInsuranceIncome.

The official record: Park National’s 10-Q, filed May 11, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Park National's bank owned life insurance income?
Park National (PRK) reported bank owned life insurance income of $1.71M in Q1 2026.
How has Park National's bank owned life insurance income changed year-over-year?
Park National's bank owned life insurance income increased by 12.9% year-over-year, from $1.51M to $1.71M.
What is the long-term trend for Park National's bank owned life insurance income?
Over 4 years (2021 to 2025), Park National's bank owned life insurance income has grown at a 7.8% compound annual growth rate (CAGR), from $4.9M to $6.61M.
What does bank owned life insurance income mean?
This represents the income earned on life insurance policies held by the bank on the lives of its employees or executives. It serves as a non-interest income stream that helps offset the costs of employee benefit programs.