Valley Natl Bancorp Financials

VLY

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Key Financial Metrics

Revenue

$3.4B

YoY+7.0%

5Y CAGR+20.5%

10Y CAGR+18.1%

Valley Natl Bancorp generated $3.4B in revenue in fiscal year 2024. This represents an increase of 7.0% from the prior year.

EBITDA

N/A

Free Cash Flow

$532.4M

YoY+76.2%

5Y CAGR+17.4%

10Y CAGR+12.6%

Valley Natl Bancorp generated $532.4M in free cash flow in fiscal year 2024, representing cash available after capital expenditures. This represents an increase of 76.2% from the prior year.

Net Income

$380.3M

YoY-23.7%

5Y CAGR+4.2%

10Y CAGR+12.6%

Valley Natl Bancorp reported $380.3M in net income in fiscal year 2024. This represents a decrease of 23.7% from the prior year.

EPS (Diluted)

$0.69

YoY-27.4%

5Y CAGR-4.5%

10Y CAGR+2.1%

Valley Natl Bancorp earned $0.69 per diluted share in fiscal year 2024. This represents a decrease of 27.4% from the prior year.

Cash & Debt

N/A

Dividends Per Share

$0.44

YoY+0.0%

5Y CAGR+0.0%

10Y CAGR+0.0%

Valley Natl Bancorp paid $0.44 per share in dividends in fiscal year 2024. This represents an increase of 0.0% from the prior year.

Shares Outstanding

N/A

Gross Margin

N/A

Operating Margin

N/A

Net Margin

11.3%

YoY-4.5pp

5Y CAGR-12.1pp

10Y CAGR-6.9pp

Valley Natl Bancorp's net profit margin was 11.3% in fiscal year 2024, showing the share of revenue converted to profit. This is down 4.5 percentage points from the prior year.

Return on Equity

5.1%

YoY-2.3pp

5Y CAGR-2.0pp

10Y CAGR-1.1pp

Valley Natl Bancorp's return on equity was 5.1% in fiscal year 2024, measuring profit generated per dollar of shareholder equity. This is down 2.3 percentage points from the prior year.

R&D Spending

N/A

Share Buybacks

$8.9M

YoY-22.7%

5Y CAGR+37.5%

10Y CAGR+18.0%

Valley Natl Bancorp spent $8.9M on share buybacks in fiscal year 2024, returning capital to shareholders by reducing shares outstanding. This represents a decrease of 22.7% from the prior year.

Capital Expenditures

$16.1M

YoY-78.8%

5Y CAGR-7.1%

10Y CAGR-3.0%

Valley Natl Bancorp invested $16.1M in capital expenditures in fiscal year 2024, funding long-term assets and infrastructure. This represents a decrease of 78.8% from the prior year.

VLY Income Statement

Metric	FY24	FY24	FY24	FY23	FY22	FY21
Revenue	$3.4B+7.0%	$3.1B+58.8%	$2.0B+48.2%	$1.3B-3.6%	$1.4B+4.7%	$1.3B
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	N/A	N/A	N/A	N/A	N/A	N/A
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	$1.7B+17.3%	$1.5B+358.9%	$321.0M+158.2%	$124.3M-53.1%	$264.8M-37.4%	$423.0M
Income Tax	$58.2M-67.6%	$179.8M-15.1%	$211.8M+26.9%	$166.9M+19.7%	$139.5M-5.1%	$147.0M
Net Income	$380.3M-23.7%	$498.5M-12.4%	$568.9M+20.1%	$473.8M+21.3%	$390.6M+26.1%	$309.8M
EPS (Diluted)	$0.69-27.4%	$0.95-16.7%	$1.14+1.8%	$1.12+20.4%	$0.93+6.9%	$0.87

Metric	Q3'25	Q2'25	Q1'25	Q3'25	Q3'25	Q2'25	Q1'25	Q4'24
Revenue	$826.9M+2.7%	$805.0M+2.6%	$784.8M	N/A	$860.5M+3.2%	$833.5M+0.6%	$828.7M	N/A
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	$380.7M+2.2%	$372.6M+2.2%	$364.6M	N/A	$450.1M+4.2%	$431.8M-0.8%	$435.1M	N/A
Income Tax	$46.6M+16.7%	$39.9M+20.8%	$33.1M	N/A	$28.8M+25.8%	$22.9M-30.9%	$33.2M	N/A
Net Income	$163.4M+22.7%	$133.2M+25.6%	$106.1M	N/A	$97.9M+39.0%	$70.4M-26.9%	$96.3M	N/A
EPS (Diluted)	$0.28+27.3%	$0.22+22.2%	$0.18	N/A	$0.18+38.5%	$0.13-27.8%	$0.18	N/A

VLY Balance Sheet

Metric	FY24	FY24	FY24	FY23	FY22	FY21
Total Assets	$62.5B+2.6%	$60.9B+6.0%	$57.5B+32.3%	$43.4B+6.8%	$40.7B+8.7%	$37.4B
Current Assets	N/A	N/A	N/A	N/A	N/A	N/A
Cash & Equivalents	N/A	N/A	N/A	N/A	N/A	N/A
Inventory	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	$1.9B0.0%	$1.9B0.0%	$1.9B+28.1%	$1.5B+5.5%	$1.4B+0.6%	$1.4B
Total Liabilities	$55.1B+1.5%	$54.2B+6.2%	$51.1B+33.1%	$38.4B+6.3%	$36.1B+9.2%	$33.1B
Current Liabilities	N/A	N/A	N/A	N/A	N/A	N/A
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	$7.4B+10.9%	$6.7B+4.7%	$6.4B+25.9%	$5.1B+10.7%	$4.6B+4.7%	$4.4B
Retained Earnings	$1.6B+8.6%	$1.5B+20.8%	$1.2B+37.9%	$883.6M+44.6%	$611.2M+37.8%	$443.6M

Metric	Q3'25	Q2'25	Q1'25	Q3'25	Q3'25	Q2'25	Q1'25	Q4'24
Total Assets	$63.0B+0.5%	$62.7B+1.4%	$61.9B-1.0%	$62.5B+0.6%	$62.1B+0.1%	$62.1B+1.7%	$61.0B+0.1%	$60.9B
Current Assets	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Cash & Equivalents	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Inventory	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	$1.9B0.0%	$1.9B0.0%	$1.9B0.0%	$1.9B0.0%	$1.9B0.0%	$1.9B0.0%	$1.9B0.0%	$1.9B
Total Liabilities	$55.3B+0.4%	$55.1B+1.4%	$54.4B-1.3%	$55.1B-0.1%	$55.1B-0.4%	$55.3B+1.9%	$54.3B+0.1%	$54.2B
Current Liabilities	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	$7.7B+1.6%	$7.6B+1.0%	$7.5B+0.9%	$7.4B+6.6%	$7.0B+3.5%	$6.7B+0.2%	$6.7B+0.4%	$6.7B
Retained Earnings	$1.8B+5.4%	$1.7B+3.7%	$1.6B+2.3%	$1.6B+3.0%	$1.6B+2.3%	$1.5B+0.6%	$1.5B+2.4%	$1.5B

VLY Cash Flow Statement

Metric	FY24	FY24	FY24	FY23	FY22	FY21
Operating Cash Flow	$548.5M+45.0%	$378.2M-73.5%	$1.4B+70.6%	$837.1M+411.8%	$163.6M-37.6%	$261.9M
Capital Expenditures	$16.1M-78.8%	$76.0M+10.3%	$68.9M+74.8%	$39.4M+60.2%	$24.6M+5.3%	$23.4M
Free Cash Flow	$532.4M+76.2%	$302.1M-77.8%	$1.4B+70.4%	$797.7M+474.1%	$139.0M-41.8%	$238.5M
Investing Cash Flow	-$709.3M+78.8%	-$3.3B+50.7%	-$6.8B-528.0%	-$1.1B+47.0%	-$2.0B-127.1%	-$897.3M
Financing Cash Flow	$1.2B-60.2%	$2.9B-31.5%	$4.3B+341.5%	$964.4M-65.2%	$2.8B+331.6%	$641.5M
Dividends Paid	$228.2M+1.2%	$225.4M+9.4%	$206.0M+14.7%	$179.7M+1.0%	$178.0M+21.4%	$146.5M
Share Buybacks	$8.9M-22.7%	$11.5M-52.4%	$24.1M+0.9%	$23.9M+344.9%	$5.4M+197.7%	$1.8M

Metric	Q3'25	Q2'25	Q1'25	Q3'25	Q3'25	Q2'25	Q1'25	Q4'24
Operating Cash Flow	N/A	N/A	-$17.1M	N/A	N/A	N/A	$99.5M	N/A
Capital Expenditures	N/A	N/A	$3.0M	N/A	N/A	N/A	$3.6M	N/A
Free Cash Flow	N/A	N/A	-$20.2M	N/A	N/A	N/A	$95.9M	N/A
Investing Cash Flow	N/A	N/A	-$175.3M	N/A	N/A	N/A	$92.0M	N/A
Financing Cash Flow	N/A	N/A	-$474.0M	N/A	N/A	N/A	-$141.9M	N/A
Dividends Paid	N/A	N/A	$62.9M	N/A	N/A	N/A	$57.9M	N/A
Share Buybacks	N/A	N/A	$2.2M	N/A	N/A	N/A	$0	N/A

VLY Financial Ratios

Metric	FY24	FY24	FY24	FY23	FY22	FY21
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	11.3%-4.5pp	15.9%-12.9pp	28.8%-6.7pp	35.5%+7.3pp	28.2%+4.8pp	23.4%
Return on Equity	5.1%-2.3pp	7.4%-1.5pp	8.9%-0.4pp	9.3%+0.8pp	8.5%+1.4pp	7.1%
Return on Assets	0.6%-0.2pp	0.8%-0.2pp	1.0%-0.1pp	1.1%+0.1pp	1.0%+0.1pp	0.8%
Current Ratio	N/A	N/A	N/A	N/A	N/A	N/A
Debt-to-Equity	7.40-0.7	8.09+0.1	7.98+0.4	7.55-0.3	7.86+0.3	7.54
FCF Margin	15.9%+6.2pp	9.6%-59.1pp	68.8%+9.0pp	59.8%+49.8pp	10.0%-8.0pp	18.1%

Metric	Q3'25	Q2'25	Q1'25	Q3'25	Q3'25	Q2'25	Q1'25	Q4'24
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	19.8%+3.2pp	16.5%+3.0pp	13.5%	N/A	11.4%+2.9pp	8.5%-3.2pp	11.6%	N/A
Return on Equity	2.1%+0.4pp	1.8%+0.4pp	1.4%	N/A	1.4%+0.3pp	1.1%-0.4pp	1.4%	N/A
Return on Assets	0.3%+0.1pp	0.2%+0.0pp	0.2%	N/A	0.2%+0.1pp	0.1%-0.1pp	0.2%	N/A
Current Ratio	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Debt-to-Equity	7.19-0.1	7.28+0.0	7.25-0.2	7.40-0.5	7.91-0.3	8.21+0.1	8.07-0.0	8.09
FCF Margin	N/A	N/A	-2.6%	N/A	N/A	N/A	11.6%	N/A

Frequently Asked Questions

What is Valley Natl Bancorp's annual revenue?

Valley Natl Bancorp (VLY) reported $3.4B in revenue for fiscal year 2024.

How fast is Valley Natl Bancorp's revenue growing?

Valley Natl Bancorp (VLY) revenue grew by 7% year-over-year, from $3.1B to $3.4B in fiscal year 2024.

Is Valley Natl Bancorp profitable?

Yes, Valley Natl Bancorp (VLY) reported a net income of $380.3M in fiscal year 2024, with a net profit margin of 11.3%.

What is Valley Natl Bancorp's earnings per share (EPS)?

Valley Natl Bancorp (VLY) reported diluted earnings per share of $0.69 for fiscal year 2024.

What is Valley Natl Bancorp's net profit margin?

Valley Natl Bancorp (VLY) had a net profit margin of 11.3% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.

Does Valley Natl Bancorp pay dividends?

Yes, Valley Natl Bancorp (VLY) paid $0.44 per share in dividends during fiscal year 2024.

What is Valley Natl Bancorp's return on equity (ROE)?

Valley Natl Bancorp (VLY) has a return on equity of 5.1% for fiscal year 2024, measuring how efficiently the company generates profit from shareholder equity.

What is Valley Natl Bancorp's free cash flow?

Valley Natl Bancorp (VLY) generated $532.4M in free cash flow during fiscal year 2024, representing cash available after capital expenditures.

What is Valley Natl Bancorp's operating cash flow?

Valley Natl Bancorp (VLY) generated $548.5M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.

What are Valley Natl Bancorp's total assets?

Valley Natl Bancorp (VLY) had $62.5B in total assets as of fiscal year 2024, including both current and long-term assets.

What are Valley Natl Bancorp's capital expenditures?

Valley Natl Bancorp (VLY) invested $16.1M in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.

Does Valley Natl Bancorp buy back shares?

Yes, Valley Natl Bancorp (VLY) spent $8.9M on share buybacks during fiscal year 2024, returning capital to shareholders by reducing shares outstanding.

What is Valley Natl Bancorp's debt-to-equity ratio?

Valley Natl Bancorp (VLY) had a debt-to-equity ratio of 7.40 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Valley Natl Bancorp's return on assets (ROA)?

Valley Natl Bancorp (VLY) had a return on assets of 0.6% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.