Valley National Bancorp 8.250% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series C (VLYPN) Financials
Newest figures come from the 10-Q for Q3 FY2026, filed Nov 5, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the VLYPN SEC filings page.
Valley National Bancorp 8.250% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series C (VLYPN) reported $2.2B in revenue over the twelve months to Sep 30, 2026, up 13.7% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings.
The business is asset-heavy and liability-funded, with FY2025 earnings recovery not translating into matching operating cash flow.
FY2025 net income rose57.3% to$598M , while operating cash flow fell37.3% to$344M . That divergence means the reported earnings rebound was not accompanied by comparable cash generation, and free cash flow also fell38.8% to$326M .
The balance sheet remains structurally liability-funded: liabilities represented
Capital spending was only
Financial Health Signals
We do not publish a peer-relative financial health score for Valley National Bancorp 8.250% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series C, because the score only covers companies whose filings and listing give us what it needs to compare them with their peers. The signals and metrics below are current.
Valley National Bancorp 8.250% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series C passes 5 of 6 computable financial strength tests (3 of the nine could not be computed from available data). 3 of 4 profitability signals pass, all 1 leverage/liquidity signals pass, the one computable operating efficiency signal (asset turnover improving) passes.
For every $1 of reported earnings, Valley National Bancorp 8.250% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series C generates $0.57 in operating cash flow ($343.8M OCF vs $598.0M net income). This mixed ratio suggests some earnings may rely on non-cash accounting items.
Key Financial Metrics
Earnings & Revenue
Valley National Bancorp 8.250% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series C generated $584.2M in revenue in Q3 2026. This represents an increase of 14.3% from the same quarter a year earlier. Against the prior quarter it is up 4.2%.
Valley National Bancorp 8.250% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series C reported $206.3M in net income in Q3 2026. This represents an increase of 26.3% from the same quarter a year earlier. Against the prior quarter it is up 20.7%.
Valley National Bancorp 8.250% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series C earned $0.36 per diluted share (EPS) in Q3 2026. This represents an increase of 28.6% from the same quarter a year earlier. Against the prior quarter it is up 24.1%.
Not reported for Q3 2026.
Cash & Balance Sheet
Valley National Bancorp 8.250% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series C generated $378.4M in free cash flow in Q3 2026, representing cash available after capex. This represents an increase of 16011.0% from the same quarter a year earlier. Against the prior quarter it is up 136.2%.
Valley National Bancorp 8.250% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series C held $1.1B in cash as of Q3 2026; no long-term debt figure is on record for that period.
Valley National Bancorp 8.250% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series C paid $0.11 per share in dividends in Q3 2026. That is unchanged from the same quarter a year earlier. It is unchanged from the prior quarter.
Margins & Returns
Valley National Bancorp 8.250% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series C's net profit margin was 35.3% in Q3 2026, showing the share of revenue converted to profit. This is up 3.4 percentage points from the same quarter a year earlier. Against the prior quarter it is up 4.8 percentage points.
Valley National Bancorp 8.250% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series C's quarterly ROE was 2.6% in Q3 2026: one quarter's net income over shareholder equity, not annualized. This is up 0.5 percentage points from the same quarter a year earlier. Against the prior quarter it is up 0.5 percentage points.
Not reported for Q3 2026.
Not reported for Q3 2026.
Capital Allocation
Valley National Bancorp 8.250% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series C spent $34.6M on share buybacks in Q3 2026, returning capital to shareholders by reducing shares outstanding. This represents an increase of 187.9% from the same quarter a year earlier. Against the prior quarter it is up 72.4%.
Valley National Bancorp 8.250% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series C invested $3.5M in capex in Q3 2026, funding long-term assets and infrastructure. This represents an increase of 24.0% from the same quarter a year earlier. Against the prior quarter it is up 4.2%.
Not reported for Q3 2026.
VLYPN Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'25Filing | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'24Filing |
|---|---|---|---|---|---|---|---|---|
| Revenue | $584.2M+14.3% | $560.7M+13.3% | $540.4M+13.0% | $541.2M+14.1% | $511.1M+8.5% | $495.0M+9.3% | $478.4M+5.2% | $474.2M+5.4% |
| Interest Expense | $351.7M-7.6% | $342.4M-8.1% | $331.2M-9.2% | $350.9M-14.8% | $380.7M-15.4% | $372.6M-13.7% | $364.6M-16.2% | $411.8M-2.2% |
| Income Tax | $37.3M-20.1% | $49.6M+24.1% | $45.3M+36.9% | $26.3Mn/m | $46.6M+61.7% | $39.9M+74.3% | $33.1M-0.3% | -$26.6M-253.1% |
| Net Income | $206.3M+26.3% | $170.9M+28.3% | $163.9M+54.6% | $195.4M+68.9% | $163.4M+66.9% | $133.2M+89.1% | $106.1M+10.2% | $115.7M+61.7% |
| EPS (Basic) | $0.36+28.6% | $0.30+30.4% | $0.28+55.6% | $0.34+61.9% | $0.28+55.6% | $0.23+76.9% | $0.180.0% | $0.21+61.5% |
| EPS (Diluted) | $0.36+28.6% | $0.29+31.8% | $0.28+55.6% | $0.33+65.0% | $0.28+55.6% | $0.22+69.2% | $0.180.0% | $0.20+42.9% |
| Diluted Shares (Avg) | 556M-1.3% | 557M-1.0% | 559M-0.7% | N/A | 564M+10.2% | 562M+10.2% | 563M+10.3% | N/A |
Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses, SG&A Expenses, Operating Income, EBITDA.
VLYPN Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'25Filing | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'24Filing |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $67.5B+7.1% | $66.3B+5.8% | $64.5B+4.2% | $64.1B+2.6% | $63.0B+1.5% | $62.7B+1.0% | $61.9B+1.4% | $62.5B+2.6% |
| Cash & Equivalents | $1.1B-17.9% | $966.9M-18.5% | $1.2B-5.3% | $1.6B-16.2% | $1.4B+31.8% | $1.2B+17.6% | $1.2B+30.1% | $1.9B+112.1% |
| Goodwill | $1.9B0.0% | $1.9B0.0% | $1.9B0.0% | $1.9B0.0% | $1.9B0.0% | $1.9B0.0% | $1.9B0.0% | $1.9B0.0% |
| Total Liabilities | $59.6B+7.7% | $58.4B+5.9% | $56.6B+4.2% | $56.3B+2.3% | $55.3B+0.4% | $55.1B-0.3% | $54.4B+0.2% | $55.1B+1.5% |
| Total Equity | $7.9B+2.6% | $7.9B+4.5% | $7.8B+4.4% | $7.8B+5.0% | $7.7B+10.4% | $7.6B+12.4% | $7.5B+11.5% | $7.4B+10.9% |
| Retained Earnings | $2.2B+25.4% | $2.1B+24.1% | $2.0B+22.5% | $1.9B+19.7% | $1.8B+15.2% | $1.7B+11.8% | $1.6B+8.5% | $1.6B+8.6% |
Not reported in any period shown, so not listed: Current Assets, Short-Term Investments, Inventory, Accounts Receivable, Long-Term Investments, Current Liabilities, Non-Current Liabilities, Long-Term Debt.
VLYPN Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'25Filing | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'24Filing |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $381.9M+7303.2% | $163.5M+2.8% | $209.6Mn/m | $196.6M-49.9% | $5.2Mn/m | $159.2M-25.6% | -$17.1M-117.2% | $392.2Mn/m |
| Depreciation & Amortization | $8.3M-5.8% | $8.8M-12.6% | $9.1M-8.3% | $9.6M-23.8% | $8.8M-9.5% | $10.0M-6.4% | $9.9M-8.4% | $12.5M+11.0% |
| Stock-Based Compensation | $10.0M+127.3% | $8.6M+26.5% | $7.7M+12.1% | N/A | $4.4M-39.7% | $6.8M-10.5% | $6.8M-15.6% | N/A |
| Capital Expenditures | $3.5M+24.0% | $3.3M+7.7% | $1.4M-54.1% | $9.1M+42.3% | $2.8M-16.0% | $3.1M+13.4% | $3.0M-16.3% | $6.4M+43.5% |
| Free Cash Flow | $378.4M+16011.0% | $160.2M+2.7% | $208.2Mn/m | $187.5M-51.4% | $2.3Mn/m | $156.0M-26.1% | -$20.2M-121.0% | $385.8Mn/m |
| Investing Cash Flow | -$849.6Mn/m | -$1.9Bn/m | -$805.5Mn/m | -$915.2M-295.0% | -$92.7Mn/m | -$981.3Mn/m | -$175.3M-290.6% | $469.4Mn/m |
| Financing Cash Flow | $625.8M+130.5% | $1.6B+102.0% | $171.7Mn/m | $931.7Mn/m | $271.5M-22.8% | $784.9M-18.4% | -$474.0Mn/m | -$11.4M-108.8% |
| Dividends Paid | $60.9M-1.4% | $61.1M-2.0% | $62.9M0.0% | $61.8M+6.8% | $61.8M+10.3% | $62.3M+10.7% | $62.9M+8.6% | $57.9M+3.5% |
| Share Buybacks | $34.6M+187.9% | $20.1M+828.6% | $51.8M+2296.0% | $46.6Mn/m | $12.0Mn/m | $2.2Mn/m | $2.2Mn/m | $0-100.0% |
VLYPN Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'25Filing | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'24Filing |
|---|---|---|---|---|---|---|---|---|
| Net Margin | 35.3%+3.4pp | 30.5%+3.6pp | 30.3%+8.2pp | 36.1%+11.7pp | 32.0%+11.2pp | 26.9%+11.4pp | 22.2%+1.0pp | 24.4%+8.5pp |
| Return on Equity | 2.6%+0.5pp | 2.2%+0.4pp | 2.1%+0.7pp | 2.5%+0.9pp | 2.1%+0.7pp | 1.8%+0.7pp | 1.4%0.0pp | 1.6%+0.5pp |
| Return on Assets | 0.3%+0.1pp | 0.3%+0.1pp | 0.3%+0.1pp | 0.3%+0.1pp | 0.3%+0.1pp | 0.2%+0.1pp | 0.2%0.0pp | 0.2%+0.1pp |
| Liabilities-to-Equity | 7.54+0.4x | 7.38+0.1x | 7.230.0x | 7.21-0.2x | 7.19-0.7x | 7.28-0.9x | 7.25-0.8x | 7.40-0.7x |
| Asset Turnover | 0.010.0x | 0.010.0x | 0.010.0x | 0.010.0x | 0.010.0x | 0.010.0x | 0.010.0x | 0.010.0x |
| FCF Margin | 64.8%+64.3pp | 28.6%-2.9pp | 38.5%+42.8pp | 34.6%-46.7pp | 0.5%+34.5pp | 31.5%-15.1pp | -4.2%-25.3pp | 81.4%+144.3pp |
Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Current Ratio, Debt-to-Equity.
Where Valley National Bancorp 8.250% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series C Ranks
Frequently Asked Questions
Valley National Bancorp 8.250% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series C (VLYPN) reported $2.0B in total revenue for fiscal year 2025. This represents a 9.3% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
Valley National Bancorp 8.250% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series C (VLYPN) revenue grew by 9.3% year-over-year, from $1.9B to $2.0B in fiscal year 2025.
Yes, Valley National Bancorp 8.250% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series C (VLYPN) reported a net income of $736.5M over the trailing 12 months to September 30, 2026. In fiscal year 2025 it reported a net income of $598.0M, with a net profit margin of 29.5%.
Valley National Bancorp 8.250% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series C (VLYPN) reported diluted earnings per share of $1.01 for fiscal year 2025. This represents a 46.4% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.
Valley National Bancorp 8.250% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series C (VLYPN) had a net profit margin of 29.5% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
Yes, Valley National Bancorp 8.250% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series C (VLYPN) paid $0.44 per share in dividends during fiscal year 2025.
Valley National Bancorp 8.250% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series C (VLYPN) has a return on equity of 7.7% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
Valley National Bancorp 8.250% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series C (VLYPN) generated $325.7M in free cash flow during fiscal year 2025. This represents a -38.8% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
Valley National Bancorp 8.250% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series C (VLYPN) generated $343.8M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
Valley National Bancorp 8.250% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series C (VLYPN) had $64.1B in total assets as of fiscal year 2025, including both current and long-term assets.
Valley National Bancorp 8.250% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series C (VLYPN) invested $18.1M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
Yes, Valley National Bancorp 8.250% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series C (VLYPN) spent $63.0M on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.
Valley National Bancorp 8.250% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series C (VLYPN) had a liabilities-to-equity ratio of 7.21 as of fiscal year 2025, which is total liabilities divided by total shareholder equity. Total liabilities counts every obligation on the balance sheet (payables, deposits, insurance reserves and deferred taxes as well as borrowings), so this ratio usually runs well above debt-to-equity. No debt-to-equity ratio is shown for fiscal year 2025, because the filing data we hold for that year carries no long-term debt figure.
Valley National Bancorp 8.250% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series C (VLYPN) had a return on assets of 0.9% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
Valley National Bancorp 8.250% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series C (VLYPN) has a Piotroski F-Score of 5 out of 6 computable signals; 3 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Valley National Bancorp 8.250% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series C (VLYPN) has an earnings quality ratio of 0.57x, considered mixed quality. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.