Financials in USD. Standardized financial statements.
A compact view of how Valley National Bancorp turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue? | $3.49B | $3.57B | $3.35B | $2.18B | $1.49B | $1.57B | $1.54B | $1.29B | $945.86M | $870.15M |
| Revenue Growth? | -2.2% | +6.5% | +53.6% | +46.6% | -4.9% | +2.0% | +18.7% | +36.7% | +8.7% | 0.0% |
| Cost of Revenue? | $1.61B | $2.04B | $1.52B | $377.38M | $157.22M | $389.90M | $447.17M | $334.55M | $184.05M | $160.64M |
| Gross Profit? | $1.88B | $1.53B | $1.83B | $1.81B | $1.33B | $1.18B | $1.09B | $958.75M | $761.81M | $709.50M |
| Gross Margin? | +53.9% | +42.9% | +54.7% | +82.7% | +89.4% | +75.1% | +70.9% | +74.1% | +80.5% | +81.5% |
| Operating Expenses? | $1.14B | $1.09B | $1.16B | $1.02B | $691.54M | $646.15M | $631.55M | $629.06M | $509.07M | $476.13M |
| Operating Income? | $743.87M | $438.52M | $678.33M | $780.67M | $640.74M | $530.07M | $456.80M | $329.69M | $252.74M | $233.38M |
| EBITDA? | $743.87M | $517.35M | $761.54M | $860.11M | $691.70M | $612.33M | $528.19M | $375.66M | $287.60M | $269.14M |
| Income Before Tax | $743.87M | $438.52M | $678.33M | $780.67M | $640.74M | $530.07M | $456.80M | $329.69M | $252.74M | $233.38M |
| Income Tax Expense | $145.89M | $58.25M | $179.82M | $211.82M | $166.90M | $139.46M | $147.00M | $68.27M | $90.83M | $65.23M |
| Net Income? | $597.98M | $380.27M | $498.51M | $568.85M | $473.84M | $390.61M | $309.79M | $261.43M | $161.91M | $168.15M |
| EPS? | $1.02 | $0.70 | $0.95 | $1.14 | $1.13 | $0.94 | $0.88 | $0.75 | $0.58 | $0.63 |
| Diluted EPS? | $1.01 | $0.69 | $0.95 | $1.14 | $1.12 | $0.93 | $0.87 | $0.75 | $0.58 | $0.63 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality