Valley National Bancorp (VLY)

NASDAQ: VLY · Real-Time Price · USD

8.66

0.03 (0.35%)

At close: Apr 29, 2025, 3:59 PM

8.79

1.50%

Pre-market: Apr 30, 2025, 07:04 AM EDT

Valley National Bancorp Income Statement

Financials in USD. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016
Revenue	1.84B	1.82B	1.86B	1.37B	1.3B	1.11B	991.25M	771.75M	721.37M
Cost of Revenue	-10.4M	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Gross Profit	1.85B	1.82B	1.86B	1.37B	1.3B	1.11B	991.25M	771.75M	721.37M
Operating Income	-1.62B	689.2M	1.1B	640.74M	530.07M	456.8M	631.74M	451.69M	406.58M
Interest Income	3.36B	3.14B	1.98B	1.33B	1.38B	1.32B	1.16B	842.42M	766.92M
Pretax Income	438.52M	678.33M	780.67M	640.74M	530.07M	456.8M	329.69M	252.74M	233.38M
Net Income	380.27M	498.51M	568.85M	473.84M	390.61M	309.79M	261.43M	161.91M	168.15M
Selling & General & Admin	609.27M	868.73M	549.57M	390.05M	352.17M	349.14M	362.08M	274.39M	255.95M
Research & Development	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Other Expenses	1.23B	n/a	-466.95M	-1.11B	-1.12B	-1B	-721.6M	-594.45M	-570.74M
Operating Expenses	1.84B	868.73M	82.62M	-724.44M	-771.24M	-655.77M	-359.52M	-320.06M	-314.79M
Interest Expense	1.73B	1.47B	321.04M	124.33M	264.81M	422.95M	302.05M	174.11M	148.77M
Selling & Marketing Expenses	n/a	791.7M	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Cost & Expenses	1.84B	868.73M	82.62M	-724.44M	-771.24M	-655.77M	-359.52M	-320.06M	-314.79M
Income Tax Expense	58.25M	179.82M	211.82M	166.9M	139.46M	147M	68.27M	90.83M	65.23M
Shares Outstanding (Basic)	515.76M	507.53M	485.43M	407.45M	403.75M	337.79M	331.26M	264.04M	254.84M
Shares Outstanding (Diluted)	517.99M	509.25M	487.82M	410.02M	405.05M	340.12M	332.69M	264.89M	255.27M
EPS (Basic)	0.70	0.95	1.14	1.13	0.94	0.88	0.79	0.58	0.63
EPS (Diluted)	0.78	0.95	1.14	1.12	0.93	0.87	0.79	0.58	0.63
EBITDA	n/a	n/a	728.87M	685.2M	612.33M	528.19M	n/a	n/a	269.14M
EBIT	-78.83M	-83.2M	649.42M	634.24M	530.07M	456.8M	-45.97M	-34.86M	233.38M
Depreciation & Amortization	78.83M	83.2M	110.91M	77.14M	71.56M	64.79M	40.25M	29.97M	30.36M