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- Summary
- Chart
- Profile
- Historical

Data

- Earnings (-33.3% Growth)
- Ratings (3.3 Score)
- Holders
- Dividends (5.6% Yield)

Financials

Income Statement
Balance Sheet
Cash Flow Statement

Upcoming Events

- Earnings (4/25/24)

News

- Analyst Ratings
- Earnings Related
- Guidance
- Insider Trades
- Mgmt Changes
- M & A
- Retail Sales
- Rumors
- Stock Buybacks
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VLY Income Statement

Click line-items for a historical chart and %
Interest Income
Interest and fees on loans 171.14M
Interest and dividends on investment securities:
Taxable 14.23M
Tax-exempt 4.02M
Dividends 1.61M
Interest on federal funds sold and other short-term investments 193K
Total interest income 191.2M
Interest Expense
Savings, NOW, and money market 10.17M
Time 9.41M
Interest on short-term borrowings 3.55M
Interest on long-term borrowings and junior subordinated debentures 13.94M
Total interest expense 37.06M
Net Interest Income 154.15M
Provision for credit losses 5.84M
Net Interest Income After Provision for Credit Losses 148.31M
Non-Interest Income
Trust and investment services 2.63M
Insurance commissions 4.58M
Service charges on deposit accounts 5.26M
Gains on securities transactions, net -10K
Other-than-temporary impairment losses on securities
Portion recognized in other comprehensive income (before taxes)
Net impairment losses on securities recognized in earnings
Trading (losses) gains, net
Fees from loan servicing 1.6M
Gains on sales of loans, net 4.82M
Gains on sales of assets, net 310K
Bank owned life insurance 1.68M
Change in FDIC loss-share receivable -313K
Other 4.29M
Total non-interest income 24.85M
Non-Interest Expense
Salary and employee benefits expense 58.11M
Net occupancy and equipment expense 20.66M
FDIC insurance assessment 4.8M
Amortization of other intangible assets 2.68M
Professional and legal fees 4.03M
Advertising
Other 14.08M
Total non-interest expense 113.27M
Income Before Income Taxes 59.89M
Income tax expense 17.05M
Net Income 42.84M
Earnings Per Common Share*:
Basic 0.16
Diluted 0.16
Cash Dividends Declared per Common Share 0.11
Weighted Average Number of Common Shares Outstanding:
Basic 254.47M
Diluted 254.94M

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