Current Liabilities

Securities loaned

The Travelers Companies Securities loaned decreased by 19.3% to $473.00M in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 19.3%, from $586.00M to $473.00M. Over 5 years (FY 2020 to FY 2025), Securities loaned shows an upward trend with a 27.8% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementBalance Sheet Statement
SectionCurrent Liabilities
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ4 2014
Last reportedQ1 2026

How to read this metric

An increase indicates higher utilization of the bank's securities inventory to generate fee income, whereas a decrease may reflect lower demand for the bank's holdings.

Detailed definition

This represents the value of securities lent to counterparties, often as part of securities lending programs or to facil...

Peer comparison

Standard for large custodial and investment banks; peers report this as a component of securities lending activities.

Metric ID: fin_securities_loaned

Historical Data

5 periods
 Q4 '21Q4 '22Q4 '23Q4 '24Q4 '25
Value$253.00M$445.00M$421.00M$586.00M$473.00M
QoQ Change+75.9%-5.4%+39.2%-19.3%
YoY Change+75.9%-5.4%+39.2%-19.3%
Range$253.00M$586.00M
CAGR+87.0%
Avg YoY Growth+22.6%
Median YoY Growth+16.9%

Frequently Asked Questions

What is The Travelers Companies's securities loaned?
The Travelers Companies (TRV) reported securities loaned of $473.00M in Q4 2025.
How has The Travelers Companies's securities loaned changed year-over-year?
The Travelers Companies's securities loaned decreased by 19.3% year-over-year, from $586.00M to $473.00M.
What is the long-term trend for The Travelers Companies's securities loaned?
Over 5 years (2020 to 2025), The Travelers Companies's securities loaned has grown at a 27.8% compound annual growth rate (CAGR), from $139.00M to $473.00M.
What does securities loaned mean?
The value of securities the bank has lent out to other market participants in exchange for collateral.