Stock Yards Bancorp SYBT Bank Owned Life Insurance
Bank Owned Life Insurance at other companies
Other financials
Where this comes from
Reported directly by Stock Yards Bancorp in its filing.
Tagged under the XBRL concept us-gaap:BankOwnedLifeInsurance.
The official record: Stock Yards Bancorp’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Stock Yards Bancorp's bank owned life insurance?
- Stock Yards Bancorp (SYBT) reported bank owned life insurance of $92.52M in Q1 2026.
- How has Stock Yards Bancorp's bank owned life insurance changed year-over-year?
- Stock Yards Bancorp's bank owned life insurance increased by 2.8% year-over-year, from $89.99M to $92.52M.
- What is the long-term trend for Stock Yards Bancorp's bank owned life insurance?
- Over 5 years (2020 to 2025), Stock Yards Bancorp's bank owned life insurance has grown at a 22.5% compound annual growth rate (CAGR), from $33.25M to $91.89M.
- What does bank owned life insurance mean?
- This represents the cash surrender value of life insurance policies purchased by the bank on the lives of key employees or officers. These policies are held as a long-term asset to offset the costs of employee benefit programs and provide tax-advantaged income. It reflects the bank's strategy for managing long-term benefit liabilities and diversifying its non-interest income sources.