Valley National Bancorp (BIT:1VLY)

Valley National Bancorp Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Interest Income	1,686	1,629	1,665	1,656	1,210	1,119
Net Interest Income Growth	5.05%	-2.21%	0.59%	36.84%	8.13%	24.59%
Non-Interest Income	232.69	224.5	225.73	206.79	155.01	183.03
Non-Interest Income Growth	8.86%	-0.54%	9.16%	33.40%	-15.31%	-16.95%
Revenues Before Loan Losses	1,919	1,853	1,891	1,862	1,365	1,302
Provision for Credit Losses	282.47	309.39	45.63	56.34	32.9	125.09
Revenue	1,636	1,544	1,846	1,806	1,332	1,177
Revenue Growth (YoY)	-1.52%	-16.35%	2.19%	35.59%	13.18%	7.55%
Compensation Expenses	563.99	558.6	563.59	526.74	375.87	333.22
Selling, General & Admin	301.48	307.55	332.75	338.72	207.01	190.78
Other Non-Interest Expenses	242.4	239.72	266.36	159.49	108.67	122.15
Total Non-Interest Expense	1,109	1,106	1,163	1,025	691.54	646.15
Pretax Income	527.95	438.52	678.33	780.67	640.74	530.07
Provision for Income Taxes	75.15	58.25	179.82	211.82	166.9	139.46
Net Income	425.75	358.9	482.38	555.71	461.15	377.92
Net Income Attributable to Preferred Dividends	27.05	21.37	16.14	13.15	12.69	12.69
Net Income to Common	425.75	358.9	482.38	555.71	461.15	377.92
Net Income Growth	17.24%	-25.60%	-13.20%	20.50%	22.02%	27.20%
Shares Outstanding (Basic)	541	516	508	485	407	404
Shares Outstanding (Diluted)	544	518	509	488	410	405
Shares Change (YoY)	6.72%	1.72%	4.39%	18.98%	1.23%	19.09%
EPS (Basic)	0.80	0.70	0.95	1.14	1.13	0.94
EPS (Diluted)	0.78	0.69	0.95	1.14	1.12	0.93
EPS Growth	8.33%	-27.37%	-16.67%	1.79%	20.43%	6.90%
Free Cash Flow	361.14	532.4	302.15	1,360	797.71	138.95
Free Cash Flow Growth	-32.17%	76.20%	-77.78%	70.43%	474.08%	-41.75%
Free Cash Flow Per Share	0.66	1.03	0.59	2.79	1.95	0.34
Dividends Per Share	0.440	0.440	0.440	0.440	0.440	0.440
Profit Margin	27.67%	24.62%	27.08%	31.50%	35.57%	33.21%
FCF Margin	22.07%	34.47%	16.41%	75.30%	59.88%	11.81%
EBITDA	74.71	78.83	83.21	79.45	50.96	82.26
EBITDA Margin	4.56%	5.10%	4.52%	4.40%	3.82%	6.99%
Effective Tax Rate	14.24%	13.28%	26.51%	27.13%	26.05%	26.31%

Updated Jun 30, 2025. Data Source: Fiscal.ai. Banks template. Financial Sources.