WesBanco WSBC Proceeds From Life Insurance Policies
Proceeds From Life Insurance Policies at other companies
Other financials
Where this comes from
Reported directly by WesBanco in its filing.
Tagged under the XBRL concept us-gaap:ProceedsFromLifeInsurancePolicies.
The official record: WesBanco’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is WesBanco's proceeds from life insurance policies?
- WesBanco (WSBC) reported proceeds from life insurance policies of $550K in Q1 2026.
- How has WesBanco's proceeds from life insurance policies changed year-over-year?
- WesBanco's proceeds from life insurance policies decreased by 76.1% year-over-year, from $2.3M to $550K.
- What is the long-term trend for WesBanco's proceeds from life insurance policies?
- Over 2 years (2022 to 2025), WesBanco's proceeds from life insurance policies has grown at a -21.7% compound annual growth rate (CAGR), from $8.73M to $5.35M.
- What does proceeds from life insurance policies mean?
- This reflects the cash inflows received from corporate-owned life insurance policies, such as death benefits or policy surrenders. These proceeds provide a non-interest income stream that can bolster liquidity or offset specific corporate expenses. It is an indicator of the realization of value from the bank's long-term insurance investment portfolio.