Valley National Bank VLY Proceeds From Life Insurance Policies
Proceeds From Life Insurance Policies at other companies
Other financials
Where this comes from
Reported directly by Valley National Bank in its filing.
Tagged under the XBRL concept us-gaap:ProceedsFromLifeInsurancePolicies.
The official record: Valley National Bank’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Valley National Bank's proceeds from life insurance policies?
- Valley National Bank (VLY) reported proceeds from life insurance policies of $3.21M in Q1 2026.
- How has Valley National Bank's proceeds from life insurance policies changed year-over-year?
- Valley National Bank's proceeds from life insurance policies decreased by 0.4% year-over-year, from $3.23M to $3.21M.
- What is the long-term trend for Valley National Bank's proceeds from life insurance policies?
- Over 3 years (2021 to 2025), Valley National Bank's proceeds from life insurance policies has grown at a 37.0% compound annual growth rate (CAGR), from $5.13M to $13.19M.
- What does proceeds from life insurance policies mean?
- This metric tracks cash inflows received from death benefits or surrenders of Bank-Owned Life Insurance (BOLI) policies. These policies are often used by banks as a tax-advantaged method to offset employee benefit costs.