Valley National Bank VLY Increase (Decrease) In Bank Owned Life Insurance
Increase (Decrease) In Bank Owned Life Insurance at other companies
Other financials
Where this comes from
Reported directly by Valley National Bank in its filing.
Tagged under the XBRL concept vly:IncreaseDecreaseInBankOwnedLifeInsurance.
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 increase (decrease) in bank owned life insurance?
- Valley National Bank (VLY) reported increase (decrease) in bank owned life insurance of $5.53M in Q1 2026.
- How has Valley National Bank's increase (decrease) in bank owned life insurance changed year-over-year?
- Valley National Bank's increase (decrease) in bank owned life insurance increased by 15.8% year-over-year, from $4.78M to $5.53M.
- What is the long-term trend for Valley National Bank's increase (decrease) in bank owned life insurance?
- Over 2 years (2023 to 2025), Valley National Bank's increase (decrease) in bank owned life insurance has grown at a 29.0% compound annual growth rate (CAGR), from $11.84M to $19.7M.
- What does increase (decrease) in bank owned life insurance mean?
- Tracks the change in the cash surrender value of life insurance policies held by the bank on its employees. This serves as a tax-advantaged investment vehicle to offset benefit costs.