VLY
Valley National Bancorp
$10.46
+$0.01(+0.10%)
65
Overall
80
Value
60
Tech
55
Quality
Market Cap
$5.83B
Volume
6.58M
52W Range
$7.48 - $11.10
Target Price
$10.70
Order:
Income Statement
| Metric | Trend | Chart | 2015 Dec | 2016 Dec | 2017 Dec | 2018 Dec | 2019 Dec | 2020 Dec | 2021 Dec | 2022 Dec | 2023 Dec | 2024 Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| REVENUE | ||||||||||||
| Total Revenue | $626.0M | $709.5M | $761.8M | $958.8M | $1.1B | $1.2B | $1.4B | $1.9B | $1.9B | $1.9B | ||
| Total Revenue | $626.0M | $709.5M | $761.8M | $958.8M | $1.1B | $1.2B | $1.4B | $1.9B | $1.9B | $1.9B | ||
| OPERATING EXPENSES | ||||||||||||
| Selling, General & Administrative | $276.9M | $294.7M | $309.5M | $403.2M | $390.5M | $405.1M | $390.0M | $549.6M | $651.7M | $620.1M | ||
| General & Administrative Expenses | $55.1M | $58.9M | $46.2M | $69.4M | $63.1M | $71.9M | $14.2M | $22.8M | $88.2M | $61.5M | ||
| Salaries & Wages | $221.8M | $235.9M | $263.3M | $333.8M | $327.4M | $333.2M | $375.9M | $526.7M | $563.6M | $558.6M | ||
| Depreciation & Amortization | $9.2M | $11.3M | $10.0M | $18.4M | $18.1M | $24.6M | $21.8M | $37.8M | $39.8M | $35.0M | ||
| Depreciation & Amortization | $9.2M | $11.3M | $10.0M | $18.4M | $18.1M | $24.6M | $21.8M | $37.8M | $39.8M | $35.0M | ||
| Amortization | $9.2M | $11.3M | $10.0M | $18.4M | $18.1M | $24.6M | $21.8M | $37.8M | $39.8M | $35.0M | ||
| SPECIAL ITEMS | ||||||||||||
| Restruct | -- | -- | -- | -- | -- | $-1.9M | $-8.9M | $-71.2M | $-14.1M | -- | ||
| Special Income Charges | $-54.5M | $-62.5M | $-77.5M | $-70.4M | $-54.0M | $-56.4M | $85.2M | $-86.4M | $-120.4M | $-124.3M | ||
| Impairment of Capital Assets | $-2.4M | $-611.0K | $-429.0K | $-388.0K | $-36.0K | -- | $865.0K | -- | -- | -- | ||
| PRE-TAX INCOME | ||||||||||||
| Pre-Tax Income | $126.9M | $233.4M | $252.7M | $329.7M | $456.8M | $530.1M | $640.7M | $780.7M | $678.3M | $438.5M | ||
| INCOME TAX | ||||||||||||
| Tax Provision | $40.8M | $85.3M | $110.7M | $96.5M | $168.7M | $139.5M | $166.9M | $211.8M | $179.8M | $58.2M | ||
| NET INCOME | ||||||||||||
| Net Income | $103.0M | $168.1M | $161.9M | $261.4M | $309.8M | $390.6M | $473.8M | $568.9M | $498.5M | $380.3M | ||
| Net Income (Continuing Operations) | $103.0M | $168.1M | $161.9M | $261.4M | $309.8M | $390.6M | $473.8M | $568.9M | $498.5M | $380.3M | ||
| Net Income (Discontinued Operations) | $103.0M | $168.1M | $161.9M | $261.4M | $309.8M | $390.6M | $473.8M | $568.9M | $498.5M | $380.3M | ||
| Net Income (Common Stockholders) | $99.1M | $161.0M | $152.5M | $248.7M | $297.1M | $377.9M | $461.2M | $555.7M | $482.4M | $358.9M | ||
| Normalized Income | -- | -- | -- | -- | $251.3M | $382.6M | -- | -- | -- | $45.5M | ||
| SHARE & EPS DATA | ||||||||||||
| Average Shares Outstanding | $234.4M | $254.8M | $264.0M | $331.3M | $337.8M | $403.8M | $407.4M | $485.4M | $507.5M | $515.8M | ||
| Average Shares Outstanding (Diluted) | $234.4M | $255.3M | $264.9M | $332.7M | $340.1M | $405.0M | $410.0M | $487.8M | $509.2M | $518.0M | ||
| Shares Outstanding | $508.2M | $527.7M | $661.6M | $664.0M | $807.5M | $405.6M | $421.4M | $507.7M | $508.9M | $560.3M | ||
| Basic EPS | $0.42 | $0.63 | $0.58 | $0.75 | $0.88 | $0.94 | $1.13 | $1.14 | $0.95 | $0.70 | ||
| Basic EPS (Continuing Operations) | $0.42 | $0.63 | $0.58 | $0.75 | $0.88 | $0.94 | $1.13 | $1.14 | $0.95 | $0.70 | ||
| Diluted EPS | $0.42 | $0.63 | $0.58 | $0.75 | $0.87 | $0.93 | $1.12 | $1.14 | $0.95 | $0.69 | ||
| Diluted EPS (Continuing Operations) | $0.42 | $0.63 | $0.58 | $0.75 | $0.87 | $0.93 | $1.12 | $1.14 | $0.95 | $0.69 | ||
| Dividend Per Share | $0.44 | $0.44 | $0.44 | $0.44 | $0.44 | $0.44 | $0.44 | -- | -- | $0.44 | ||
| OTHER METRICS | ||||||||||||
| Accrued Preferred Stock Dividends | $3.8M | $7.2M | $9.4M | $12.7M | $12.7M | $12.7M | $12.7M | $13.1M | $16.1M | $21.4M | ||
| Credit Losses Provision | $8.1M | $11.9M | $9.9M | $32.5M | $25.8M | $123.9M | $27.5M | -- | $50.8M | $314.4M | ||
| Dividend Income | $6.6M | $6.2M | $9.8M | $13.2M | $12.0M | $11.6M | $7.4M | $11.5M | $24.1M | $25.0M | ||
| Fees And Commissions | $55.1M | $56.8M | $18.2M | $15.2M | $10.4M | $7.4M | $7.8M | $12.0M | $11.1M | $12.8M | ||
| Gain On Sale Of Business | -- | -- | -- | -- | -- | -- | -- | -- | -- | $-98.1M | ||
| Insurance And Claims | $55.1M | $58.9M | $46.2M | $69.4M | $63.1M | $71.9M | $14.2M | $22.8M | $88.2M | $61.5M | ||
| Interest Expense For Capitalized Lease Obligations | -- | -- | -- | -- | $-191.0K | $-146.0K | $91.0K | $30.0K | -- | $12.0K | ||
| Interest Expense For Deposit | $60.3M | $77.6M | $97.8M | $190.4M | $311.9M | $182.2M | $68.0M | $256.4M | $1.3B | $1.6B | ||
| Interest Expense For Long Term Debt | $95.6M | $59.2M | $58.2M | $65.8M | $87.4M | $196.3M | $51.0M | $47.2M | $103.8M | $147.8M | ||
| Interest Expense For Long Term Debt And Capital Securities | $95.6M | $59.2M | $58.2M | $65.8M | $87.4M | $196.3M | $51.0M | $47.2M | $103.8M | $147.8M | ||
| Interest Expense For Short Term Debt | $919.0K | $12.0M | $18.0M | $45.9M | $47.9M | $11.4M | $5.4M | $17.5M | $94.9M | $22.0M | ||
| Interest Income | $707.0M | $761.9M | $834.2M | $1.2B | $1.3B | $1.4B | $1.3B | $2.0B | $3.1B | $3.4B | ||
| Interest Income After Provision For Loan Loss | $534.1M | $594.4M | $640.2M | $792.2M | $848.0M | $869.3M | $1.2B | $1.7B | $1.6B | $1.3B | ||
| Interest Income From Investment Securities | $67.3M | $74.8M | $89.9M | $112.0M | $110.1M | $87.4M | $69.5M | $123.7M | $151.0M | $201.2M | ||
| Interest Income From Leases | -- | -- | -- | $14.7M | $19.4M | $25.2M | $28.1M | $34.4M | $40.1M | $39.8M | ||
| Interest Income From Loans | $633.2M | $685.9M | $734.5M | $1.0B | $1.2B | $1.3B | $1.3B | $1.8B | $2.9B | $3.1B | ||
| Interest Income From Loans And Lease | $633.2M | $685.9M | $734.5M | $1.0B | $1.2B | $1.3B | $1.3B | $1.8B | $2.9B | $3.1B | ||
| Interest Income From Other Money Market Investments | $213.0K | -- | -- | -- | -- | -- | -- | -- | -- | -- | ||
| Interest Income From Securities | $67.3M | $74.8M | $89.9M | $112.0M | $110.1M | $87.4M | $69.5M | $123.7M | $151.0M | $201.2M | ||
| Net Interest Income | $542.2M | $606.3M | $650.1M | $824.7M | $873.8M | $993.2M | $1.2B | $1.7B | $1.7B | $1.6B | ||
| Net Occupancy Expense | $90.5M | $87.1M | $92.2M | $108.8M | $118.2M | $129.0M | $79.4M | $94.4M | $101.5M | $102.1M | ||
| Non Interest Expense | $-499.1M | $-476.1M | $-509.1M | $-629.1M | $-631.6M | $-646.1M | $691.5M | $1.0B | $1.2B | $1.1B | ||
| Non Interest Income | $83.8M | $103.2M | $111.7M | $134.1M | $214.5M | $183.0M | $155.0M | $206.8M | $225.7M | $224.5M | ||
| Occupancy And Equipment | $90.5M | $87.1M | $92.2M | $108.8M | $118.2M | $129.0M | $79.4M | $94.4M | $101.5M | $102.1M | ||
| Other Customer Services | $23.9M | $25.5M | $18.2M | $15.2M | $10.4M | $7.4M | $7.8M | $12.0M | $11.1M | $12.8M | ||
| Other Gand A | $55.1M | $58.9M | $46.2M | $69.4M | $63.1M | $71.9M | $14.2M | $22.8M | $88.2M | $61.5M | ||
| Other Interest Expense | $-156.8M | $-148.8M | $-174.1M | $-302.0M | $-423.0M | $-264.8M | $-1.2B | $-1.7B | $-1.7B | $-1.6B | ||
| Other Non Interest Expense | $54.5M | $62.5M | $77.5M | $70.4M | $51.1M | $56.4M | $-85.2M | $86.4M | $120.4M | $124.3M | ||
| Other Non Interest Income | $19.2M | $23.6M | $72.8M | $103.1M | $109.9M | $134.8M | $118.8M | $53.5M | $63.0M | $63.2M | ||
| Otherunder Preferred Stock Dividend | $3.8M | $7.2M | $9.4M | $12.7M | $12.7M | $12.7M | $12.7M | $13.1M | $16.1M | $21.4M | ||
| Preferred Stock Dividends | $3.8M | $7.2M | $9.4M | $12.7M | $12.7M | $12.7M | $12.7M | $13.1M | $16.1M | $21.4M | ||
| Professional Expense And Contract Services Expense | -- | -- | -- | -- | -- | -- | -- | -- | -- | $70.3M | ||
| Securities Activities | $594.3M | $4.8M | $2.7M | -- | $2.9M | -- | -- | -- | -- | -- | ||
| Service Charge On Depositor Accounts | $31.2M | $31.2M | $33.1M | -- | -- | -- | -- | -- | -- | -- | ||
| Write Down | -- | -- | -- | -- | $2.9M | -- | -- | -- | -- | -- | ||
| Intexp | $-156.8M | $-148.8M | $-174.1M | $-302.0M | $-423.0M | $-264.8M | $124.3M | $321.0M | $1.5B | $1.7B | ||
| Othspecchg | $-31.7M | $-27.7M | $-27.7M | $-29.0M | $-34.2M | $-36.1M | $-287.7M | $-372.1M | $-371.9M | $-483.0M | ||
Financial data is updated quarterly and may not reflect the most recent earnings.
| A | B | C | D | |
|---|---|---|---|---|
| 1 | Symbol | Price | Change | Vol |
| 2 | VLY | $10.46 | +0.1% | 6.58M |
| 3 | ||||
| 4 | ||||
| 5 | ||||
| 6 |