WSFS Financial WSFS Proceeds from bank-owned life insurance death benefit
Proceeds from bank-owned life insurance death benefit at other companies
Other financials
Where this comes from
Reported directly by WSFS Financial in its filing.
Tagged under the XBRL concept wsfs:ProceedsFromBankOwnedLifeInsurancePolicyDeathBenefit.
The official record: WSFS Financial’s 10-K, filed March 2, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is WSFS Financial's proceeds from bank-owned life insurance death benefit?
- WSFS Financial (WSFS) reported proceeds from bank-owned life insurance death benefit of $60.25K in Q4 2025.
- How has WSFS Financial's proceeds from bank-owned life insurance death benefit changed year-over-year?
- WSFS Financial's proceeds from bank-owned life insurance death benefit increased by 115.2% year-over-year, from $28K to $60.25K.
- What does proceeds from bank-owned life insurance death benefit mean?
- This represents the cash inflows received by the financial institution as the beneficiary upon the death of an individual covered under a bank-owned life insurance policy. These proceeds are typically non-taxable and provide a liquidity benefit to the bank. It serves as a measure of non-interest income derived from the settlement of insurance contracts.