Valley National Bancorp (BIT:1VLY)

Valley National Bancorp Balance Sheet

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
Cash & Equivalents	440.87	1,890	891.23	947.95	2,050	1,329
Investment Securities	822.96	1,882	1,728	1,679	3,001	2,518
Trading Asset Securities	-	444.26	470.2	480.57	219.63	387.45
Mortgage-Backed Securities	7,427	5,392	3,512	3,539	904.5	1,090
Total Investments	8,250	7,718	5,710	5,699	4,125	3,995
Gross Loans	49,391	48,845	50,296	47,038	34,232	32,313
Allowance for Loan Losses	-579.5	-558.85	-446.08	-458.66	-359.2	-340.24
Other Adjustments to Gross Loans	-	-45.3	-85.4	-120.5	-78.5	-95.8
Net Loans	48,812	48,241	49,764	46,459	33,794	31,877
Property, Plant & Equipment	669.7	679.27	724.54	664.91	585.42	571.85
Goodwill	1,869	1,869	1,869	1,869	1,459	1,382
Other Intangible Assets	114.58	107.53	138.38	173.65	46.7	48.5
Loans Held for Sale	28.1	25.68	30.64	18.12	139.52	301.43
Accrued Interest Receivable	238.28	239.94	245.5	196.61	96.88	106.23
Long-Term Deferred Tax Assets	-	203.61	195.23	194.36	78.61	95.33
Other Real Estate Owned & Foreclosed	6.43	13.83	1.52	2.22	5.19	8.46
Other Long-Term Assets	2,276	1,504	1,365	1,239	1,066	970.5
Total Assets	62,705	62,492	60,935	57,463	43,446	40,686
Accrued Expenses	889.06	682.5	633.79	672.31	251.1	204.09
Interest Bearing Deposits	38,979	36,281	35,116	31,993	23,095	21,330
Institutional Deposits	-	2,367	2,588	1,180	861.5	1,400
Non-Interest Bearing Deposits	11,747	11,429	11,539	14,464	11,676	9,205
Total Deposits	50,725	50,076	49,243	47,637	35,632	31,936
Short-Term Borrowings	162.24	526.92	1,406	745.97	708.1	1,304
Current Portion of Long-Term Debt	-	273	-	-	-	-
Current Portion of Leases	-	52.07	-	-	-	-
Accrued Interest Payable	-	150.56	159.5	45.62	4.91	18.84
Long-Term Debt	2,903	647.55	638.36	754.64	634.64	703.41
Federal Home Loan Bank Debt, Long-Term	-	2,254	1,690	788.42	789.03	1,592
Long-Term Leases	392.63	336.24	403.78	358.88	283.11	276.68
Trust Preferred Securities	57.63	57.46	57.11	56.76	56.41	56.07
Pension & Post-Retirement Benefits	-	-	-	-	-	1.4
Other Long-Term Liabilities	-	0.81	2.27	2.44	2.66	1.38
Total Liabilities	55,130	55,057	54,234	51,062	38,362	36,094
Preferred Stock, Redeemable	354.35	354.35	209.69	209.69	209.69	-
Preferred Stock, Non-Redeemable	-	-	-	-	-	209.69
Total Preferred Equity	354.35	354.35	209.69	209.69	209.69	209.69
Common Stock	196.61	196	178.19	178.19	148.48	141.75
Additional Paid-In Capital	5,452	5,442	4,990	4,980	3,883	3,637
Retained Earnings	1,695	1,598	1,471	1,218	883.65	611.16
Treasury Stock	-2.09	-	-1.39	-21.75	-22.86	-0.23
Comprehensive Income & Other	-119.89	-155.33	-146.46	-164	-17.93	-7.72
Total Common Equity	7,221	7,081	6,492	6,191	4,874	4,382
Shareholders' Equity	7,575	7,435	6,701	6,401	5,084	4,592
Total Liabilities & Equity	62,705	62,492	60,935	57,463	43,446	40,686
Total Debt	3,516	4,147	4,195	2,705	2,471	3,933
Net Cash (Debt)	-2,329	-1,812	-2,834	-1,276	-201.75	-2,216
Net Cash Per Share	-4.28	-3.50	-5.56	-2.62	-0.49	-5.47
Filing Date Shares Outstanding	560.28	560.28	508.88	507.75	421.39	405.61
Total Common Shares Outstanding	560.28	558.79	507.71	506.37	421.44	403.86
Book Value Per Share	12.89	12.67	12.79	12.23	11.57	10.85
Tangible Book Value	5,238	5,104	4,484	4,149	3,369	2,951
Tangible Book Value Per Share	9.35	9.13	8.83	8.19	7.99	7.31

Source: S&P Global Market Intelligence. Banks template. Financial Sources.