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Valley National Bancorp

Financial Services US VLY

13.745USD
0.34(2.50%)

Last update at 2026-06-04T18:10:00Z

Day Range

13.5813.82
LowHigh

52 Week Range

6.9611.07
LowHigh

Fundamentals

  • Previous Close 13.41
  • Market Cap3671.21M
  • Volume2377298
  • P/E Ratio8.48
  • Dividend Yield5.98%
  • Revenue TTM1755.59M
  • Revenue Per Share TTM3.46
  • Gross Profit TTM 1793.21M
  • Diluted EPS TTM0.85

Source: TradingView
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Financials

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Income before tax 780.67M 640.74M 530.07M 456.80M 329.69M
Minority interest - - - - 0.00000M
Net income 568.85M 473.84M 390.61M 309.79M 261.43M
Selling general administrative 549.57M 390.05M 352.17M 349.14M 362.08M
Selling and marketing expenses - - - - -
Gross profit 1861.95M 1365.18M 1301.30M 1112.57M 991.25M
Reconciled depreciation 37.83M 21.83M 82.26M 71.40M 45.97M
Ebit 1101.71M 640.74M 530.07M 456.80M 659.29M
Ebitda 1139.54M 662.57M 554.71M 474.88M 677.71M
Depreciation and amortization 37.83M 21.83M 24.64M 18.08M 18.42M
Non operating income net other - - - - -
Operating income 1101.71M 640.74M 530.07M 456.80M 631.74M
Other operating expenses 82.62M -724.43800M -771.23500M -655.77300M 359.52M
Interest expense 321.04M 124.33M 264.81M 422.95M 302.05M
Tax provision 211.82M 166.90M 139.46M 147.00M 68.27M
Interest income 1976.68M 1326.87M 1372.08M 1308.98M 1146.04M
Net interest income 1655.64M 1202.54M 1107.26M 886.02M 843.99M
Extraordinary items - - - - 2.27M
Non recurring - - - - 0.00000M
Other items - - - - 0.00000M
Income tax expense 211.82M 166.90M 139.46M 147.00M 68.27M
Total revenue 1861.95M 1365.18M 1301.30M 1112.57M 991.25M
Total operating expenses 82.62M -724.43800M -771.23500M -655.77300M -359.51700M
Cost of revenue - - - - 6.21M
Total other income expense net -321.04300M -124.32500M -264.81500M -422.95200M -302.04500M
Discontinued operations - - - - 0.00000M
Net income from continuing ops 568.85M 473.84M 390.61M 309.79M 261.43M
Net income applicable to common shares 555.71M 461.15M 377.92M 297.11M 248.74M
Preferred stock and other adjustments 13.15M 12.69M 12.69M 12.69M 12.69M
Breakdown 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Type yearly yearly yearly yearly yearly
Date 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Total assets 61055.29M 57462.75M 43446.44M 40686.08M 37453.42M
Intangible assets 160.33M 197.46M 70.39M 70.45M 86.77M
Earning assets - - - - 4198.84M
Other current assets 1142.21M 214.72M 35306.76M 33642.74M 30755.49M
Total liab 54353.89M 51061.95M 38362.38M 36093.96M 33069.23M
Total stockholder equity 6701.39M 6400.80M 5084.07M 4592.12M 4384.19M
Deferred long term liab - - - - -
Other current liab 11698.98M 358.88M -655.72600M -1147.95800M -1093.28000M
Common stock 178.19M 178.19M 148.48M 141.75M 141.42M
Capital stock 387.88M 387.88M 358.17M 351.44M 351.11M
Retained earnings 1471.37M 1218.44M 883.64M 611.16M 443.56M
Other liab - 2.44M 2.66M 2.78M 4.28M
Good will 1868.94M 1868.94M 1459.01M 1382.44M 1373.62M
Other assets - 52325.50M 34185.07M 32345.99M 29321.93M
Cash 891.23M 947.95M 2049.92M 1329.20M 434.69M
Cash and equivalents - - - - -
Total current liabilities 12826.14M 497.61M 655.73M 1147.96M 1093.28M
Current deferred revenue - - - - -
Net debt 2815.87M 1149.48M 369.00M 2447.16M 3146.59M
Short term debt 1127.16M 138.73M 655.73M 1147.96M 1093.28M
Short long term debt 850.00M 138.73M 655.73M 1147.96M 940.00M
Short long term debt total 3707.10M 2097.43M 2418.92M 3776.36M 3581.27M
Other stockholder equity 4988.60M 4958.48M 3860.18M 3637.24M 3621.73M
Property plant equipment - 358.56M 585.42M 319.80M 334.53M
Total current assets 1142.21M 2405.95M 3275.61M 2774.91M 2107.12M
Long term investments 5104.22M 5150.90M 3870.94M 407.66M 29643.09M
Net tangible assets - 4124.72M 3344.98M 2929.54M 2714.10M
Short term investments 28.67M 1261.40M 1128.81M 1339.47M 1566.80M
Net receivables 245.50M 196.61M 96.88M 106.23M 105.64M
Long term debt 2385.48M 1599.82M 1480.09M 56.06M 55.72M
Inventory 38.59M 2.22M 5.19M 8.46M 10.69M
Accounts payable - 1327.60M 35632.41M 381.99M 284.72M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - - - - -
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income -146.45600M -164.00200M -17.93200M -7.71800M -32.21400M
Additional paid in capital - - - - -
Common stock total equity - 178.19M 148.48M 141.75M 141.42M
Preferred stock total equity - 209.69M 209.69M 209.69M 209.69M
Retained earnings total equity - 1218.44M 883.64M 611.16M 443.56M
Treasury stock - -21.74800M -22.85500M -0.22500M -0.47900M
Accumulated amortization - - - - -
Non currrent assets other 55279.18M -5150.90400M -5985.76100M -5565.17500M -6024.36500M
Deferred long term asset charges - - - - -
Non current assets total 59913.07M 2731.30M 5985.76M 5565.18M 6024.36M
Capital lease obligations 403.78M 358.88M 283.11M 276.68M 309.85M
Long term debt total - 56.76M 56.41M 56.06M 55.72M
Breakdown 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Type yearly yearly yearly yearly yearly
Date 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Investments -5100.59100M -7047.80700M -344.58300M -2067.31100M -2258.78000M
Change to liabilities - 874.88M -63.65300M 58.23M 57.88M
Total cashflows from investing activities - -6787.78100M -1080.78100M -2037.66200M -2131.34100M
Net borrowings - -473.28300M -1364.77500M 225.33M -976.13400M
Total cash from financing activities 2914.59M 4257.33M 964.35M 2780.66M 673.45M
Change to operating activities - 578.24M 46.37M -263.60900M -113.68000M
Net income 498.51M 568.85M 473.84M 390.61M 309.79M
Change in cash -56.72200M -1101.97300M 720.72M 894.52M 6.06M
Begin period cash flow 947.95M 2049.92M 1329.20M 434.69M 428.63M
End period cash flow 891.23M 947.95M 2049.92M 1329.20M 434.69M
Total cash from operating activities 367.84M 1428.48M 837.14M 151.53M 1463.95M
Issuance of capital stock 3.81M 0.12M 11.24M 2.20M 2.96M
Depreciation 83.22M 110.53M 76.76M 82.26M 71.40M
Other cashflows from investing activities - 328.96M 5.13M 54.26M 150.81M
Dividends paid 239.75M 219.15M 192.35M 190.65M 159.22M
Change to inventory - - - - -
Change to account receivables -48.89200M -74.00700M 11.53M -0.59300M 1.44M
Sale purchase of stock -11.47500M -24.12300M -23.90700M -5.37400M -1.80500M
Other cashflows from financing activities 4717.72M 4500.48M 2337.84M 3642.22M 1721.52M
Change to netincome - 143.43M 265.90M -230.73500M 1157.11M
Capital expenditures 76.05M 125.84M 1062.94M 24.61M 2453.24M
Change receivables - -74.00700M 11.53M -0.59300M 1.44M
Cash flows other operating - -205.85800M 111.59M -186.56200M -163.18000M
Exchange rate changes - - - - -
Cash and cash equivalents changes - -1101.97300M 720.72M 894.52M 6.06M
Change in working capital -265.36300M 528.93M 19.77M -264.20200M -112.24000M
Stock based compensation 33.10M 28.79M 20.89M 16.15M 14.73M
Other non cash items 27.73M 183.89M 219.06M -68.23300M 1165.05M
Free cash flow 291.79M 1428.48M -225.80200M 151.53M -989.29100M

Peer Comparison

Sector: Financial Services Industry: Banks - Regional

Company Change (USD) Price (USD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x)
VLY
Valley National Bancorp
0.34 2.50% 13.74 8.48 7.24 2.06 0.58
HDB
HDFC Bank Limited ADR
0.41 1.74% 23.96 20.81 20.96 0.11 4.77
CIHKY
China Merchants Bank Co Ltd
0.04 0.15% 30.44 7.78 7.65 0.56 0.90 3.62
DBSDF
DBS Group Holdings Ltd
1.22 2.50% 50.10 15.29 14.41 5.84 2.36 10.40
CIHHF
China Merchants Bank Co Ltd Class H
- -% 5.92 6.10 5.67 0.44 0.77 3.43

Reports Covered

Stock Research & News

Profile

Valley National Bancorp operates as the holding company for Valley National Bank that provides various commercial, private banking, retail, insurance, and wealth management financial services products. It operates through Consumer Banking, Commercial Banking, and Treasury and Corporate other segments. The company offers non-interest bearing, savings, NOW, money market, and time deposit accounts; commercial and industrial, commercial real estate, residential mortgage, and automobile loans; loans secured by the cash surrender value of life insurance; home equity loans and lines of credit; automobile financing; and secured and unsecured other consumer loans. It also invests in various securities and interest-bearing deposits with other banks; and provides international banking services, such as standby and documentary letters of credit, and related products, as well as foreign exchange transactions, documentary collections, and foreign wire transfers services. In addition, the company offers investment services for individuals and small to medium sized businesses; and trusts investment strategies designed for various investment profiles and objectives. Further, it provides trust services, such as living and testamentary trusts, investment management, custodial and escrow services, and estate administration to individuals; tax credit advisory services; brokerage services; property and casualty, life, health, and title insurance agency services; and health care equipment lending and other commercial equipment leasing services, as well as owns real estate related investments. Additionally, the company offers online, mobile, and telephone banking services; receivable, payment, and security solution, merchant, payroll processing, and liquidity services; credit cards; and drive-in and night deposit, automated teller machine, remote deposit capture, and safe deposit facility services. Valley National Bancorp was founded in 1927 and is headquartered in Morristown, New Jersey.

Valley National Bancorp

70 Speedwell Avenue, Morristown, NJ, United States, 07960

Key Executives

Name Title Year Born
Mr. Ira D. Robbins Chairman & CEO 1975
Mr. Thomas A. Iadanza Pres & Chief Banking Officer 1959
Mr. Michael D. Hagedorn Sr. EVP & CFO 1967
Mr. Ronald H. Janis Sr. EVP, Corp. Sec. & Gen. Counsel 1949
Mr. Joseph V. Chillura Sr. Exec. VP of Commercial Banking 1967
Mr. Mitchell L. Crandell Exec. VP & Chief Accounting Officer 1971
Mr. Travis P. Lan Head of Investor Relations NA
Mr. Marc Piro Sr. VP, Head of Content, Creative & PR NA
Ms. Yvonne M. Surowiec Sr. EVP & Chief People Officer 1961
Ms. Melissa F. Scofield Exec. VP & Chief Risk Officer 1960

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