Univest Financial Corporation UVSP Bank Owned Life Insurance Income
Bank Owned Life Insurance Income 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:BankOwnedLifeInsuranceIncome.
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 income?
- Univest Financial Corporation (UVSP) reported bank owned life insurance income of $1.33M in Q1 2026.
- How has Univest Financial Corporation's bank owned life insurance income changed year-over-year?
- Univest Financial Corporation's bank owned life insurance income decreased by 32.0% year-over-year, from $1.96M to $1.33M.
- What is the long-term trend for Univest Financial Corporation's bank owned life insurance income?
- Over 4 years (2021 to 2025), Univest Financial Corporation's bank owned life insurance income has grown at a 10.1% compound annual growth rate (CAGR), from $3.98M to $5.85M.
- What does bank owned life insurance income mean?
- This reflects the income generated from life insurance policies held by the bank on the lives of its employees or executives. It is a non-interest income stream that helps offset the costs of employee benefit programs and provides a stable source of tax-advantaged earnings.