Valley National Bancorp 6.25% Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series A (VLYPP) 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 VLYPP SEC filings page.
Valley National Bancorp 6.25% Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series A (VLYPP) 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.
FY2025's profit recovery did not translate into cash, revealing earnings that move less reliably than the bank's expanding asset base.
FY2025 net income rose57.3% , while operating cash flow fell37.3% , so the profit rebound was not accompanied by matching cash generation. Free cash flow also fell38.8% to$326M , making cash conversion a central operating issue rather than simply a revenue-growth story.
The FY2023-to-FY2025 pattern points to a recovery rather than smooth expansion: net income rose
Capital expenditures were just
Financial Health Signals
Scored against banks for FY2025. Each of the six dimensions is a percentile rank within that peer group, and the overall is the average of the dimensions that can be computed: here 5 of 6, with the others left out rather than counted as zero. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Valley National Bancorp 6.25% Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series A's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Valley National Bancorp 6.25% Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series A earned a return on assets of 0.9% in fiscal year 2025, which is the profit it made on every dollar of assets on its books. This is up from 0.6% the prior year. Earnings ranks banks on that return over three years, and Valley National Bancorp 6.25% Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series A scores 41/100 among other banks.
Valley National Bancorp 6.25% Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series A reported revenue of $2.0B in fiscal year 2025, against $1.9B in fiscal year 2024. Growth ranks banks on the three-year path of their net revenue, which is interest income and fee income less the interest they pay out, and Valley National Bancorp 6.25% Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series A scores 28/100 among other banks.
Valley National Bancorp 6.25% Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series A funded 12.2% of its assets with shareholders' equity at the end of fiscal year 2025, holding $7.8B of equity against $64.1B of assets. Capital ranks banks on that cushion, and Valley National Bancorp 6.25% Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series A scores 66/100 among other banks.
Efficiency measures what a bank spends running itself against the revenue that spending brings in, so a lower ratio is the better one. Valley National Bancorp 6.25% Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series A scores 69/100 on it among other banks.
Not available for Valley National Bancorp 6.25% Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series A, so it is left out of the overall score, which averages the 5 of 6 dimensions that can be computed.
Valley National Bancorp 6.25% Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series A reported net income of $598.0M in fiscal year 2025, against $380.3M in fiscal year 2024. Stability ranks banks on how steady net income has been across five years, and Valley National Bancorp 6.25% Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series A scores 71/100 among other banks.
Valley National Bancorp 6.25% Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series A 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.
Key Financial Metrics
Earnings & Revenue
Valley National Bancorp 6.25% Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series A 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 6.25% Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series A 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 6.25% Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series A 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 6.25% Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series A 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 6.25% Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series A held $1.1B in cash as of Q3 2026; no long-term debt figure is on record for that period.
Valley National Bancorp 6.25% Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series A 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 6.25% Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series A'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 6.25% Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series A'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 6.25% Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series A 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 6.25% Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series A 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.
VLYPP 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.
VLYPP 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.
VLYPP 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% |
VLYPP 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.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it. Market cap is stated at each company's latest close.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| Valley National Bancorp 6.25% Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series A VLYPP | FY2025 | $2.0B | $598.0M | 29.5% | N/A | 55/100 |
| HDFC Bank Limited HDB | FY2026 | $26.6B | $7.5B | 28.2% | $127.1B | 61/100 |
| Mizuho Financial Group, Inc. MFG | FY2026 | $28.3B | $7.3B | 25.7% | $113.4B | 22/100 |
| U.S. Bancorp USB | FY2025 | $28.7B | $7.6B | 26.4% | $93.1B | 42/100 |
| PNC Financial Services Group PNC | FY2025 | $23.1B | $6.9B | 30.0% | $90.1B | 58/100 |
Where Valley National Bancorp 6.25% Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series A Ranks
Frequently Asked Questions
Valley National Bancorp 6.25% Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series A (VLYPP) 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 6.25% Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series A (VLYPP) revenue grew by 9.3% year-over-year, from $1.9B to $2.0B in fiscal year 2025.
Yes, Valley National Bancorp 6.25% Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series A (VLYPP) 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 6.25% Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series A (VLYPP) 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 6.25% Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series A (VLYPP) 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 6.25% Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series A (VLYPP) paid $0.44 per share in dividends during fiscal year 2025.
Valley National Bancorp 6.25% Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series A (VLYPP) 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 6.25% Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series A (VLYPP) 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 6.25% Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series A (VLYPP) generated $343.8M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
Valley National Bancorp 6.25% Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series A (VLYPP) had $64.1B in total assets as of fiscal year 2025, including both current and long-term assets.
Valley National Bancorp 6.25% Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series A (VLYPP) invested $18.1M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
Yes, Valley National Bancorp 6.25% Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series A (VLYPP) spent $63.0M on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.
Valley National Bancorp 6.25% Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series A (VLYPP) 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 6.25% Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series A (VLYPP) 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 6.25% Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series A (VLYPP) 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 6.25% Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series A (VLYPP) scores 55 out of 100 on our Financial Health Score, indicating moderate standing within its banks peer group. The score is the average of six dimensions (Earnings, Growth, Capital, Efficiency, Credit Quality, Stability), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. For Valley National Bancorp 6.25% Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series A it averages the 5 of 6 dimensions that can be computed; the others are left out rather than counted as zero. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.