Univest Financial Corporation UVSP Bank Owned Life Insurance
Bank Owned Life Insurance at other companies
Other financials
Where this comes from
Reported directly by Univest Financial Corporation in its filing.
Tagged under the XBRL concept us-gaap:BankOwnedLifeInsurance.
The official record: Univest Financial Corporation’s 10-Q, filed April 28, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Univest Financial Corporation's bank owned life insurance?
- Univest Financial Corporation (UVSP) reported bank owned life insurance of $142.14M in Q1 2026.
- How has Univest Financial Corporation's bank owned life insurance changed year-over-year?
- Univest Financial Corporation's bank owned life insurance increased by 1.9% year-over-year, from $139.48M to $142.14M.
- What is the long-term trend for Univest Financial Corporation's bank owned life insurance?
- Over 5 years (2020 to 2025), Univest Financial Corporation's bank owned life insurance has grown at a 3.5% compound annual growth rate (CAGR), from $117.72M to $140M.
- What does bank owned life insurance mean?
- Bank Owned Life Insurance (BOLI) represents life insurance policies purchased by the bank on the lives of key employees, where the bank is the beneficiary. The cash surrender value of these policies is recorded as an asset, providing a tax-advantaged method to offset the costs of employee benefit plans. It functions as a long-term financial instrument that generates stable, tax-deferred earnings.