Trustmark TRMK Bank Owned Life Insurance Income
Bank Owned Life Insurance Income at other companies
Other financials
Where this comes from
Reported directly by Trustmark in its filing.
Tagged under the XBRL concept us-gaap:BankOwnedLifeInsuranceIncome.
The official record: Trustmark’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Trustmark's bank owned life insurance income?
- Trustmark (TRMK) reported bank owned life insurance income of $1.87M in Q1 2026.
- How has Trustmark's bank owned life insurance income changed year-over-year?
- Trustmark's bank owned life insurance income increased by 0.4% year-over-year, from $1.87M to $1.87M.
- What is the long-term trend for Trustmark's bank owned life insurance income?
- Over 4 years (2021 to 2025), Trustmark's bank owned life insurance income has grown at a 12.1% compound annual growth rate (CAGR), from $4.85M to $7.66M.
- What does bank owned life insurance income mean?
- This represents the income earned on life insurance policies purchased by the bank on the lives of its employees or executives, where the bank is the beneficiary. It serves as a tax-advantaged method for banks to offset the costs of employee benefit programs. This metric highlights the contribution of non-core financial instruments to the bank's overall earnings.