Non-Current Assets

Bank Owned Life Insurance

State Street Bank Owned Life Insurance increased by 0.8% to $4.00B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 3.0%, from $3.88B to $4.00B. Over 5 years (FY 2020 to FY 2025), Bank Owned Life Insurance shows an upward trend with a 2.6% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryCapital Allocation
SignalHigher is better
VolatilityStable
First reportedQ4 2025
Last reportedQ1 2026

How to read this metric

An increase represents a strategic allocation of capital into tax-advantaged assets, while a decrease may indicate policy surrenders or liquidations.

Detailed definition

The cash surrender value of life insurance policies owned by the bank on the lives of its employees or executives. This...

Peer comparison

Standard asset class for large financial institutions used for tax-efficient benefit funding.

Metric ID: non_current_assets_bank_owned_life_insurance

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$3.53B$3.55B$3.55B$3.58B$3.61B$3.63B$3.65B$3.67B$3.70B$3.73B$3.74B$3.77B$3.79B$3.83B$3.86B$3.88B$3.91B$3.93B$3.97B$4.00B
QoQ Change+0.7%+0.2%+0.6%+0.8%+0.6%+0.6%+0.7%+0.7%+0.8%+0.3%+0.7%+0.6%+0.8%+0.8%+0.6%+0.8%+0.5%+0.8%+0.8%
YoY Change+2.3%+2.3%+2.7%+2.7%+2.7%+2.8%+2.5%+2.6%+2.5%+2.6%+3.0%+2.9%+3.1%+2.8%+2.8%+3.0%
Range$3.53B$4.00B
CAGR+2.7%
Avg YoY Growth+2.7%
Median YoY Growth+2.7%
Current Streak19+ quarters growth

Frequently Asked Questions

What is State Street's bank owned life insurance?
State Street (STT) reported bank owned life insurance of $4.00B in Q1 2026.
How has State Street's bank owned life insurance changed year-over-year?
State Street's bank owned life insurance increased by 3.0% year-over-year, from $3.88B to $4.00B.
What is the long-term trend for State Street's bank owned life insurance?
Over 5 years (2020 to 2025), State Street's bank owned life insurance has grown at a 2.6% compound annual growth rate (CAGR), from $3.48B to $3.97B.
What does bank owned life insurance mean?
The cash value of life insurance policies held by the bank as an investment.