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Valley National Bancorp (VLY)
NASDAQ:VLY

Valley National Bancorp (VLY) Income Statement

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Valley National Bancorp Income Statement

Last quarter (Q3 2023), Valley National Bancorp's total revenue was $471.08M, a decrease of -7.63% from the same quarter last year. In Q3, Valley National Bancorp's net income was $137.22M. See Valley National Bancorp’s key income statements, including revenue, expenses, profit, and income.
Income Statement
TTM
Dec 22Dec 21Dec 20Dec 19Dec 18
Total Revenue
$ 1.95B$ 1.81B$ 1.33B$ 1.30B$ 1.11B$ 991.25M
Credit Losses Provision
$ 44.98M$ 48.24M$ 27.51M$ -125.09M$ -24.22M$ -32.50M
Non Interest Expense
$ 556.03M$ -1.02B$ -691.54M$ 630.13M$ 578.16M$ 629.06M
Incomefrom Associatesand Other Participating Interests
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Special Income Charges
$ -60.52M$ -256.78M$ -138.56M$ -16.02M$ -53.40M$ 0.00
Pretax Income
$ 834.50M$ 780.67M$ 640.74M$ 530.07M$ 456.80M$ 329.69M
Tax Provision
$ 245.94M$ 234.65M$ 181.08M$ 139.46M$ 147.00M$ 68.27M
Earnings From Equity Interest Net Of Tax
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Net Income Common Stockholders
$ 877.39M$ 555.71M$ 461.15M$ 377.92M$ 297.11M$ 248.74M
Basic EPS
$ 1.78$ 1.14$ 1.13$ 0.94$ 0.88$ 0.75
Diluted EPS
$ 1.78$ 1.14$ 1.12$ 0.93$ 0.87$ 0.75
Basic Average Shares
$ 2.01B$ 485.43M$ 407.45M$ 403.75M$ 337.79M$ 331.26M
Diluted Average Shares
$ 2.02B$ 487.82M$ 410.02M$ 405.05M$ 340.12M$ 332.69M
Dividend Per Share
$ -0.24-$ 0.44$ 0.44$ 0.44$ 0.44
Reported Normalized Basic E P S
---$ 0.96$ 0.93$ 0.81
Reported Normalized Diluted E P S
---$ 0.96$ 0.92$ 0.81
Rent Expense Supplemental
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Interest Income After Provision For Loan Loss
$ 1.68B$ 1.55B$ 1.15B$ 982.17M$ 861.81M$ 811.49M
Net Income From Continuing And Discontinued Operation
$ 604.55M$ 568.85M$ 473.84M$ 390.61M$ 309.79M$ 261.43M
Normalized Income
$ -80.67M$ 503.26M-$ 403.80M$ 292.89M$ 263.33M
Total Money Market Investments
---$ 2.56M$ 5.72M$ 3.24M
Ebit
$ 448.85M-$ 640.74M---
Ebitda
$ 470.27M-$ 662.57M---
Currency in USD

Valley National Bancorp Earnings and Revenue History

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