Valley National Bancorp (BIT:1VLY)
8.10
0.00 (0.00%)
At close: Jul 18, 2025
Valley National Bancorp Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | 2016 - 2020 |
---|---|---|---|---|---|---|---|
Period Ending | Jun '25 Jun 30, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 | 2016 - 2020 |
Interest Income on Loans | 2,961 | 3,080 | 2,887 | 1,828 | 1,257 | 1,285 | Upgrade |
Interest Income on Investments | 323.9 | 277.63 | 251.96 | 148.21 | 76.84 | 99.01 | Upgrade |
Total Interest Income | 3,285 | 3,357 | 3,139 | 1,977 | 1,334 | 1,384 | Upgrade |
Interest Paid on Deposits | 1,441 | 1,559 | 1,275 | 256.4 | 67.97 | 182.24 | Upgrade |
Interest Paid on Borrowings | 157.83 | 169.86 | 198.64 | 64.64 | 56.35 | 82.58 | Upgrade |
Total Interest Expense | 1,599 | 1,729 | 1,473 | 321.04 | 124.33 | 264.82 | Upgrade |
Net Interest Income | 1,686 | 1,629 | 1,665 | 1,656 | 1,210 | 1,119 | Upgrade |
Net Interest Income Growth (YoY) | 5.05% | -2.21% | 0.59% | 36.84% | 8.13% | 24.59% | Upgrade |
Trust Income | 60.64 | 62.62 | 44.16 | 34.71 | 14.91 | 12.42 | Upgrade |
Gain (Loss) on Sale of Assets | 3.73 | 3.73 | 6.81 | 0.9 | 0.9 | - | Upgrade |
Gain (Loss) on Sale of Investments | -25.95 | -18.85 | -16.91 | -13.64 | -9.15 | -12.81 | Upgrade |
Other Non-Interest Income | 111.85 | 108.29 | 126.3 | 129.07 | 89.35 | 109.59 | Upgrade |
Total Non-Interest Income | 199.39 | 198.22 | 207.72 | 194.39 | 144.1 | 169.7 | Upgrade |
Non-Interest Income Growth (YoY) | -3.49% | -4.57% | 6.86% | 34.89% | -15.08% | -12.58% | Upgrade |
Revenues Before Loan Losses | 1,885 | 1,827 | 1,873 | 1,850 | 1,354 | 1,289 | Upgrade |
Provision for Loan Losses | 282.02 | 308.83 | 50.18 | 56.82 | 32.63 | 125.72 | Upgrade |
1,603 | 1,518 | 1,823 | 1,793 | 1,321 | 1,163 | Upgrade | |
Revenue Growth (YoY) | -3.09% | -16.73% | 1.66% | 35.71% | 13.63% | 8.89% | Upgrade |
Salaries and Employee Benefits | 532.96 | 527.57 | 516.42 | 497.95 | 354.98 | 314.65 | Upgrade |
Occupancy Expenses | 56.66 | 53.87 | 54.43 | 49.55 | 43.44 | 42.89 | Upgrade |
Federal Deposit Insurance | 45.1 | 52.72 | 37.86 | 22.84 | 14.18 | 18.95 | Upgrade |
Amortization of Goodwill & Intangibles | 32.51 | 35.05 | 39.77 | 37.83 | 21.83 | 23.83 | Upgrade |
Selling, General & Administrative | 273.81 | 282.67 | 297.88 | 317.97 | 182.36 | 164.39 | Upgrade |
Other Non-Interest Expense | 130.91 | 124.25 | 120.42 | 86.42 | 53.34 | 53.19 | Upgrade |
Total Non-Interest Expense | 1,072 | 1,076 | 1,067 | 1,013 | 670.13 | 617.89 | Upgrade |
EBT Excluding Unusual Items | 531.41 | 441.98 | 756.24 | 780.67 | 651.25 | 544.99 | Upgrade |
Asset Writedown | - | - | - | - | - | -0.82 | Upgrade |
Legal Settlements | 7.33 | 7.33 | -3.54 | - | -2.1 | - | Upgrade |
Other Unusual Items | -8.76 | -8.76 | -50.3 | - | -8.41 | -12.04 | Upgrade |
Pretax Income | 527.95 | 438.52 | 678.33 | 780.67 | 640.74 | 530.07 | Upgrade |
Income Tax Expense | 75.15 | 58.25 | 179.82 | 211.82 | 166.9 | 139.46 | Upgrade |
Net Income | 452.79 | 380.27 | 498.51 | 568.85 | 473.84 | 390.61 | Upgrade |
Preferred Dividends & Other Adjustments | 27.05 | 21.37 | 16.14 | 13.15 | 12.69 | 12.69 | Upgrade |
Net Income to Common | 425.75 | 358.9 | 482.38 | 555.71 | 461.15 | 377.92 | Upgrade |
Net Income Growth | 19.28% | -23.72% | -12.37% | 20.05% | 21.31% | 26.09% | Upgrade |
Basic Shares Outstanding | 560 | 516 | 508 | 485 | 407 | 404 | Upgrade |
Diluted Shares Outstanding | 560 | 518 | 509 | 488 | 410 | 405 | Upgrade |
Shares Change (YoY) | 9.88% | 1.72% | 4.39% | 18.98% | 1.23% | 19.09% | Upgrade |
EPS (Basic) | 0.76 | 0.70 | 0.95 | 1.14 | 1.13 | 0.94 | Upgrade |
EPS (Diluted) | 0.76 | 0.69 | 0.95 | 1.14 | 1.12 | 0.93 | Upgrade |
EPS Growth | 6.66% | -27.37% | -16.67% | 1.79% | 20.43% | 6.90% | Upgrade |
Dividend Per Share | 0.220 | 0.440 | 0.440 | 0.440 | 0.440 | 0.440 | Upgrade |
Effective Tax Rate | 14.24% | 13.28% | 26.51% | 27.13% | 26.05% | 26.31% | Upgrade |
Source: S&P Global Market Intelligence. Banks template. Financial Sources.