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WesBanco WSBC Bank Owned Life Insurance Income
Bank Owned Life Insurance Income at other companies
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Where this comes from
Reported directly by WesBanco in its filing.
Tagged under the XBRL concept us-gaap:BankOwnedLifeInsuranceIncome.
The source filing: WesBanco’s 10-Q, filed April 30, 2026.
- Filed
- Apr 30, 2026, 4:13 PM EDT
- Fiscal quarter
- Q1 FY2026
- Calendar quarter
- Q1 2026
- Accession
- 0001193125-26-197299
| (unaudited, in thousands, except shares and per share amounts) | For the Three Months Ended March 31, 2026 | For the Three Months Ended March 31, 2025 |
|---|---|---|
| Digital banking income | 6,599 | 5,404 |
| Net swap fee and valuation income | 1,062 | 961 |
| Net securities brokerage revenue | 3,472 | 2,701 |
| Bank-owned life insurance | 3,811 | 3,428 |
| Mortgage banking income | 919 | 1,140 |
| Net securities losses | (13) | (318) |
| Net gain/(loss) on other real estate owned and other assets | 546 | (40) |
| Other income | 4,032 | 4,105 |
ITEM 1. FINANCIAL STATEMENTS
FAQ
- What is WesBanco's bank owned life insurance income?
- WesBanco (WSBC) reported bank owned life insurance income of $3.81M in Q1 2026.
- How has WesBanco's bank owned life insurance income changed year-over-year?
- WesBanco's bank owned life insurance income increased by 11.2% year-over-year, from $3.43M to $3.81M.
- What is the long-term trend for WesBanco's bank owned life insurance income?
- Over 4 years (2021 to 2025), WesBanco's bank owned life insurance income has grown at a 14.0% compound annual growth rate (CAGR), from $8.94M to $15.1M.
- What does bank owned life insurance income mean?
- Bank-owned life insurance (BOLI) income represents the earnings generated from life insurance policies purchased by the bank on the lives of its key employees or officers. The income is typically derived from the cash surrender value growth and death benefits associated with these policies. This is a common tax-advantaged strategy used by financial institutions to offset the costs of employee benefit programs.
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