GL (Globe Life) Net Loan : $1,072 Mil (As of Sep. 2024)

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What is Globe Life Net Loan?

Globe Life's quarterly net loan increased from Mar. 2024 ($994 Mil) to Jun. 2024 ($1,020 Mil) and increased from Jun. 2024 ($1,020 Mil) to Sep. 2024 ($1,072 Mil).

Globe Life's annual net loan increased from Dec. 2021 ($590 Mil) to Dec. 2022 ($1,020 Mil) and increased from Dec. 2022 ($1,020 Mil) to Dec. 2023 ($1,072 Mil).

Globe Life Net Loan Historical Data

The historical data trend for Globe Life's Net Loan can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Globe Life Net Loan Chart

Globe Life Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Net Loan

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575.49

584.38

589.63

796.17

936.22

Globe Life Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Net Loan	Get a 7-Day Free Trial															644.55	936.22	993.67	1,019.57	1,072.39

Globe Life Net Loan Calculation

Total loans on banks' book. These are the fund that banks have lent out. The loans contribute to banks' income. Some borrower of the loans may stop paying their payment. In this case, the loan is called non-performing loans.

Loans can be divided into residential loans, commercial loans or consumer loans. Peter Lynch loved

Globe Life Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Globe Life Inc (NYSE:GL) » Definitions » Net Loan

Comparable Companies

Traded in Other Exchanges

TMJ:Germany G1LL34:Brazil

Address

3700 South Stonebridge Drive, McKinney, TX, USA, 75070

Website

https://www.globelifeinsurance.com

Globe Life Inc is an insurance holding company. It provides a variety of life and supplemental health insurance products and annuities to a broad base of customers. The company's core operations are organized into four reportable segments: life insurance, supplemental health insurance, annuities, and investments. Investment activities, conducted by the investment segment, focus on seeking investments with a yield and term appropriate to support the insurance product obligations. These investments generally consist of fixed maturities and, over the long term, the expected yields are considered when setting insurance premium rates and product profitability expectations.

Executives

Frank M Svoboda	officer: EVP & CFO	3340 PECAN HOLLOW CT, GRAPEVINE TX 76051
Robert Brian Mitchell	officer: EVP, General Counsel and CRO	3120 HARVEY PKWY, OKLAHOMA CITY OK 73118
Mary E Thigpen	director	3700 S. STONEBRIDGE DRIVE, MCKINNEY TX 75070
Robert Edward Hensley	officer: EVP & Chief Investment Officer	3700 S. STONEBRIDGE DRIVE, MCKINNEY TX 75070
James Matthew Darden	officer: EVP, Chief Strategy Officer	2904 BELCLAIRE DRIVE, FRISCO TX 75034
Thomas Peter Kalmbach	officer: EVP & Chief Actuary	3700 S. STONEBRIDGE DRIVE, MCKINNEY TX 75070
Mark A Blinn	director	5215 N. O'CONNOR BLVD., SUITE 2300, IRVING TX 75039
Rebecca E Zorn	officer: EVP & Chief Talent Officer	3700 S. STONEBRIDGE DRIVE, MCKINNEY TX 75070
David A Rodriguez	director	10400 FERNWOOD ROAD, BETHESDA MD 20817
James Brannen	director	5400 UNIVERSITY AVENUE, WEST DES MOINES IA 50266
Steven Paul Johnson	director	2613 PELICAN BAY DRIVE, PLANO TX 75093
Jennifer Allison Haworth	officer: EVP & Chief Marketing Officer	3700 S. STONEBRIDGE DRIVE, MCKINNEY TX 75070
Melissa Jane Buchan	director	1920 MAIN STREET, SUITE 500, IRVINE CA 92614
Dolores L Skarjune	officer: EVP & Chief Admin. Officer	3700 S. STONEBRIDGE DRIVE, MCKINNEY TX 75070
Michael Clay Majors	officer: EVP - Investor Rel. & Admin.	UNITED AMERICAN INSURANCE COMPANY, 3700 SOUTH STONEBRIDGE DRIVE, MCKINNEY TX 75070