Valley National Bancorp - Understand $vly stock

$VLY Market Cap: $5.854 Billion

Research Board Inbox Deep Research Not Interested Shortlisted

Financial Snapshot

Revenue

$2.523B

TTM

Gross Margin

Net Earnings

$317.7M

TTM

Current Assets

Current Liabilities

$1.392B

Q3 2024

Current Ratio

Total Assets

$62.09B

Q3 2024

Total Liabilities

$55.12B

Q3 2024

Book Value

$6.972B

Q3 2024

Cash

$1.040B

Q3 2024

P/E

18.43

Nov 29, 2024 EST

Free Cash Flow

-$136.4M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994	1993	1992	1991	1990	1989	1988	1987	1986	1985	1984	1983
Revenue	$3.139B	$1.977B	$1.334B	$1.384B	$1.321B	$1.159B	$834.2M	$761.9M	$707.0M	$636.6M	$616.1M	$671.2M	$673.8M	$676.8M
YoY Change	58.8%	48.15%	-3.58%	4.75%	13.95%	38.97%	9.49%	7.76%	11.06%	3.33%	-8.21%	-0.39%	-0.44%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010
Revenue	$3.139B	$1.977B	$1.334B	$1.384B	$1.321B	$1.159B	$834.2M	$761.9M	$707.0M	$636.6M	$616.1M	$671.2M	$673.8M	$676.8M
Cost Of Revenue
Gross Profit
Gross Profit Margin

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994	1993	1992	1991	1990	1989	1988	1987	1986
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development			$11.41M	$10.74M	$9.883M	$12.10M	$9.921M	$10.02M	$8.259M	$6.993M	$6.843M
YoY Change			6.26%	8.64%	-18.34%	21.98%	-1.0%	21.33%	18.1%	2.19%
% of Gross Profit
Depreciation & Amortization	$43.40M	$41.20M	$28.80M	$30.60M	$29.40M	$27.60M	$24.80M	$24.40M	$21.10M	$19.50M	$19.70M	$18.50M	$16.40M	$15.80M	$22.20M	$21.90M	$22.80M	$25.10M	$24.10M	$22.20M	$24.00M	$21.10M	$18.90M	$17.20M	$14.10M	$14.80M	$12.90M	$10.50M	$9.100M	$8.700M	$10.40M	$7.900M	$5.400M	$4.100M	$3.200M	$3.200M	$3.400M	$4.100M
YoY Change	5.34%	43.06%	-5.88%	4.08%	6.52%	11.29%	1.64%	15.64%	8.21%	-1.02%	6.49%	12.8%	3.8%	-28.83%	1.37%	-3.95%	-9.16%	4.15%	8.56%	-7.5%	13.74%	11.64%	9.88%	21.99%	-4.73%	14.73%	22.86%	15.38%	4.6%	-16.35%	31.65%	46.3%	31.71%	28.13%	0.0%	-5.88%	-17.07%
% of Gross Profit
Operating Expenses			$11.41M	$10.74M	$9.883M	$12.10M	$9.921M	$10.02M	$8.259M	$6.993M	$6.843M
YoY Change			6.26%	8.64%	-18.34%	21.98%	-1.0%	21.33%	18.1%	2.19%
Operating Profit
YoY Change

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010
Interest Expense	$1.473B	$321.0M	$124.3M	$264.8M	$423.0M	$302.0M	$174.1M	$148.8M	$156.8M	$161.8M	$168.4M	$181.3M	$199.0M	$214.1M
YoY Change	358.95%	158.23%	-53.05%	-37.39%	40.03%	73.48%	17.03%	-5.09%	-3.15%	-3.88%	-7.13%	-8.89%	-7.03%
% of Operating Profit
Other Income/Expense, Net
YoY Change

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994	1993	1992	1991	1990	1989	1988	1987	1986	1985	1984	1983
Pretax Income	$678.3M	$780.7M	$640.7M	$530.1M	$456.8M	$329.7M	$252.7M	$233.4M	$126.9M	$147.2M	$178.9M	$210.4M	$195.2M	$184.9M	$165.4M	$108.3M	$204.9M	$203.6M	$230.2M	$228.6M	$233.2M	$219.3M	$199.4M	$192.8M	$187.1M	$131.7M	$127.5M	$108.0M	$108.6M	$103.3M	$101.0M	$65.50M	$42.60M	$37.40M	$45.70M	$42.00M	$40.20M	$35.90M	$27.10M	$17.90M	$16.80M
YoY Change	-13.11%	21.84%	20.88%	16.04%	38.55%	30.45%	8.29%	83.92%	-13.81%	-17.72%	-14.94%	7.76%	5.56%	11.81%	52.72%	-47.14%	0.64%	-11.56%	0.7%	-1.97%	6.34%	9.98%	3.42%	3.05%	42.07%	3.29%	18.06%	-0.55%	5.13%	2.28%	54.2%	53.76%	13.9%	-18.16%	8.81%	4.48%	11.98%	32.47%	51.4%	6.55%
Income Tax	$179.8M	$211.8M	$166.9M	$139.5M	$147.0M	$68.27M	$90.83M	$65.23M	$23.94M	$31.06M	$46.98M	$66.75M	$62.71M	$54.93M	$50.60M	$16.00M	$51.70M	$39.90M	$66.80M	$74.20M	$79.70M	$64.70M	$64.20M	$66.00M	$61.70M	$30.40M	$37.30M	$36.50M	$41.50M	$38.70M	$35.60M	$22.10M	$12.50M	$10.30M	$11.80M	$9.800M	$9.700M	$7.600M	$3.800M	$1.100M	$2.500M
% Of Pretax Income	26.51%	27.13%	26.05%	26.31%	32.18%	20.71%	35.94%	27.95%	18.86%	21.1%	26.25%	31.73%	32.12%	29.7%	30.59%	14.77%	25.23%	19.6%	29.02%	32.46%	34.18%	29.5%	32.2%	34.23%	32.98%	23.08%	29.25%	33.8%	38.21%	37.46%	35.25%	33.74%	29.34%	27.54%	25.82%	23.33%	24.13%	21.17%	14.02%	6.15%	14.88%
Net Earnings	$482.4M	$555.7M	$473.8M	$390.6M	$309.8M	$261.4M	$161.9M	$168.1M	$103.0M	$116.2M	$132.0M	$143.6M	$132.5M	$130.0M	$114.8M	$92.30M	$153.2M	$163.7M	$163.4M	$154.4M	$153.4M	$154.6M	$135.2M	$126.7M	$125.3M	$101.3M	$90.20M	$71.50M	$67.00M	$64.60M	$65.00M	$43.40M	$30.10M	$27.10M	$33.90M	$32.30M	$30.40M	$28.30M	$23.30M	$16.70M	$14.20M
YoY Change	-13.2%	17.28%	21.31%	26.09%	18.5%	61.47%	-3.71%	63.32%	-11.38%	-11.96%	-8.12%	8.39%	1.93%	13.25%	24.38%	-39.75%	-6.41%	0.18%	5.83%	0.65%	-0.78%	14.35%	6.71%	1.12%	23.69%	12.31%	26.15%	6.72%	3.72%	-0.62%	49.77%	44.19%	11.07%	-20.06%	4.95%	6.25%	7.42%	21.46%	39.52%	17.61%
Net Earnings / Revenue	15.37%	28.11%	35.51%	28.23%	23.45%	22.55%	19.41%	22.07%	14.56%	18.25%	21.42%	21.4%	19.67%	19.21%
Basic Earnings Per Share	$0.95	$1.14	$1.13	$0.94	$0.88	$0.75	$0.58	$0.63	$0.42	$0.56	$0.66	$0.73	$0.74	$0.73
Diluted Earnings Per Share	$0.95	$1.139M	$1.12	$0.93	$0.87	$0.75	$0.58	$0.63	$0.42	$0.56	$0.66	$0.73	$0.74	$0.73	$686.6K	$582.0K	$995.5K	$1.044M	$1.062M	$1.054M	$1.046M	$1.013M	$850.8K	$785.5K	$740.1K	$725.6K	$656.0K	$567.5K	$524.3K	$563.2K	$576.2K	$456.4K	$337.4K	$303.8K	$379.6K	$361.7K	$340.4K	$316.9K	$260.9K	$212.7K	$189.6K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994	1993	1992	1991	1990	1989	1988	1987	1986	1985	1984	1983
Cash & Short-Term Investments
YoY Change
Cash & Equivalents
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
Property, Plant & Equipment	$724.5M	$664.9M	$585.0M	$572.0M	$620.0M	$342.0M	$288.0M	$291.0M	$299.0M	$283.0M	$270.0M	$211.0M	$208.0M	$209.0M	$210.0M	$198.0M	$176.0M	$157.0M	$136.0M	$126.0M	$103.0M	$91.00M	$73.00M	$70.00M	$65.00M	$64.00M	$60.00M	$54.00M	$44.00M	$37.00M	$45.00M	$30.00M	$24.00M	$24.00M	$19.00M	$19.00M	$18.00M	$14.00M	$13.00M	$12.00M	$7.000M
YoY Change	8.97%	13.66%	2.27%	-7.74%	81.29%	18.75%	-1.03%	-2.68%	5.65%	4.81%	27.96%	1.44%	-0.48%	-0.48%	6.06%	12.5%	12.1%	15.44%	7.94%	22.33%	13.19%	24.66%	4.29%	7.69%	1.56%	6.67%	11.11%	22.73%	18.92%	-17.78%	50.0%	25.0%	0.0%	26.32%	0.0%	5.56%	28.57%	7.69%	8.33%	71.43%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$195.2M	$194.4M	$79.00M	$95.00M	$89.00M	$105.0M	$47.00M	$130.0M	$158.0M	$132.0M	$132.0M										$47.00M	$42.00M	$18.00M	$23.00M	$32.00M	$17.00M	$13.00M	$17.00M	$13.00M	$30.00M
YoY Change	0.45%	146.02%	-16.84%	6.74%	-15.24%	123.4%	-63.85%	-17.72%	19.7%	0.0%											11.9%	133.33%	-21.74%	-28.13%	88.24%	30.77%	-23.53%	30.77%	-56.67%
Total Long-Term Assets
YoY Change
Total Assets	$60.93B	$57.46B	$43.45B	$40.69B	$37.44B	$31.86B	$24.00B	$22.86B	$21.61B	$18.79B	$16.16B	$16.01B	$14.25B	$14.14B	$14.28B	$14.72B	$12.75B	$12.40B	$12.44B	$10.76B	$9.873B	$9.148B	$8.584B	$7.901B	$6.360B	$5.879B	$5.361B	$5.116B	$4.586B	$4.419B	$3.605B	$3.170B	$2.865B	$2.004B	$1.823B	$1.704B	$1.542B	$1.513B	$1.387B	$1.289B	$875.0M
YoY Change
Accounts Payable
YoY Change
Accrued Expenses	$1.687B	$1.686B	$593.0M	$657.0M	$593.0M	$231.0M	$209.0M	$200.0M	$222.0M	$178.0M	$176.0M	$203.0M	$194.0M	$166.0M	$133.0M	$298.0M	$130.0M	$100.0M	$95.00M	$125.0M	$133.0M	$129.0M	$118.0M	$74.00M	$62.00M	$48.00M	$46.00M	$42.00M	$35.00M	$33.00M	$24.00M	$24.00M	$36.00M	$22.00M	$25.00M	$23.00M	$17.00M	$21.00M	$18.00M	$20.00M	$11.00M
YoY Change	0.06%	184.4%	-9.74%	10.79%	156.71%	10.53%	4.5%	-9.91%	24.72%	1.14%	-13.3%	4.64%	16.87%	24.81%	-55.37%	129.23%	30.0%	5.26%	-24.0%	-6.02%	3.1%	9.32%	59.46%	19.35%	29.17%	4.35%	9.52%	20.0%	6.06%	37.5%	0.0%	-33.33%	63.64%	-12.0%	8.7%	35.29%	-19.05%	16.67%	-10.0%	81.82%
Deferred Revenue
YoY Change
Short-Term Debt	$917.8M	$138.7M	$156.0M	$148.0M	$153.0M	$387.0M	$372.0M	$364.0M	$643.0M	$172.0M	$282.0M	$742.0M	$800.0M	$847.0M	$871.0M	$1.025B	$1.130B	$977.0M	$1.054B	$915.0M	$350.0M	$566.0M	$523.0M	$459.0M	$170.0M	$35.00M	$33.00M	$24.00M	$27.00M	$138.0M	$38.00M	$35.00M	$48.00M	$29.00M	$18.00M	$15.00M	$27.00M	$18.00M	$16.00M	$23.00M	$20.00M
YoY Change	561.6%	-11.07%	5.41%	-3.27%	-60.47%	4.03%	2.2%	-43.39%	273.84%	-39.01%	-61.99%	-7.25%	-5.55%	-2.76%	-15.02%	-9.29%	15.66%	-7.31%	15.19%	161.43%	-38.16%	8.22%	13.94%	170.0%	385.71%	6.06%	37.5%	-11.11%	-80.43%	263.16%	8.57%	-27.08%	65.52%	61.11%	20.0%	-44.44%	50.0%	12.5%	-30.43%	15.0%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$2.605B	$1.686B	$593.0M	$657.0M	$593.0M	$231.0M	$209.0M	$200.0M	$222.0M	$178.0M	$176.0M	$203.0M	$194.0M	$166.0M	$133.0M	$298.0M	$130.0M	$100.0M	$95.00M	$125.0M	$133.0M	$129.0M	$118.0M	$74.00M	$62.00M	$48.00M	$46.00M	$42.00M	$35.00M	$33.00M	$24.00M	$24.00M	$36.00M	$22.00M	$25.00M	$23.00M	$17.00M	$21.00M	$18.00M	$20.00M	$11.00M
YoY Change	54.48%	184.4%	-9.74%	10.79%	156.71%	10.53%	4.5%	-9.91%	24.72%	1.14%	-13.3%	4.64%	16.87%	24.81%	-55.37%	129.23%	30.0%	5.26%	-24.0%	-6.02%	3.1%	9.32%	59.46%	19.35%	29.17%	4.35%	9.52%	20.0%	6.06%	37.5%	0.0%	-33.33%	63.64%	-12.0%	8.7%	35.29%	-19.05%	16.67%	-10.0%	81.82%
Long-Term Debt	$2.385B	$1.600B	$692.0M	$761.0M	$700.0M	$400.0M	$327.0M	$379.0M	$487.0M	$709.0M	$851.0M	$290.0M	$288.0M	$289.0M	$283.0M	$270.0M	$270.0M	$313.0M	$311.0M	$211.0M	$1.547B	$206.0M	$200.0M	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change	49.11%	131.19%	-9.07%	8.71%	75.0%	22.32%	-13.72%	-22.18%	-31.31%	-16.69%	193.45%	0.69%	-0.35%	2.12%	4.81%	0.0%	-13.74%	0.64%	47.39%	-86.36%	650.97%	3.0%
Other Long-Term Liabilities																$5.000M	$31.00M	$7.000M	$15.00M	$17.00M	$28.00M	$32.00M	$102.0M	$114.0M	$40.00M	$23.00M	$24.00M	$17.00M	$11.00M	$16.00M	$9.000M	$7.000M	$28.00M	$22.00M	$28.00M	$14.00M	$7.000M	$10.00M	$13.00M	$13.00M	$6.000M
YoY Change																-83.87%	342.86%	-53.33%	-11.76%	-39.29%	-12.5%	-68.63%	-10.53%	185.0%	73.91%	-4.17%	41.18%	54.55%	-31.25%	77.78%	28.57%	-75.0%	27.27%	-21.43%	100.0%	100.0%	-30.0%	-23.08%	0.0%	116.67%
Total Long-Term Liabilities	$2.385B	$1.600B	$692.0M	$761.0M	$700.0M	$400.0M	$327.0M	$379.0M	$487.0M	$709.0M	$851.0M	$290.0M	$288.0M	$289.0M	$283.0M	$275.0M	$301.0M	$320.0M	$326.0M	$228.0M	$1.575B	$238.0M	$302.0M	$114.0M	$40.00M	$23.00M	$24.00M	$17.00M	$11.00M	$16.00M	$9.000M	$7.000M	$28.00M	$22.00M	$28.00M	$14.00M	$7.000M	$10.00M	$13.00M	$13.00M	$6.000M
YoY Change	49.11%	131.19%	-9.07%	8.71%	75.0%	22.32%	-13.72%	-22.18%	-31.31%	-16.69%	193.45%	0.69%	-0.35%	2.12%	2.91%	-8.64%	-5.94%	-1.84%	42.98%	-85.52%	561.76%	-21.19%	164.91%	185.0%	73.91%	-4.17%	41.18%	54.55%	-31.25%	77.78%	28.57%	-75.0%	27.27%	-21.43%	100.0%	100.0%	-30.0%	-23.08%	0.0%	116.67%
Total Liabilities	$54.23B	$51.06B	$38.36B	$36.09B	$33.05B	$28.51B	$21.47B	$20.49B	$19.41B	$16.93B	$14.62B	$14.51B	$13.00B	$12.85B	$13.03B	$13.36B	$11.80B	$11.45B	$11.50B	$10.06B	$9.221B	$8.517B	$7.905B	$7.245B	$5.807B	$5.289B	$4.851B	$4.685B	$4.186B	$4.068B	$3.322B	$2.952B	$2.670B	$1.824B	$1.652B	$1.549B	$1.404B	$1.391B	$1.282B	$1.198B	$821.0M
YoY Change	6.21%	33.11%	6.28%	9.2%	15.92%	32.81%	4.79%	5.57%	14.63%	15.83%	0.73%	11.63%	1.16%	-1.4%	-2.43%	13.18%	3.1%	-0.51%	14.4%	9.06%	8.27%	7.74%	9.11%	24.76%	9.79%	9.03%	3.54%	11.92%	2.9%	22.46%	12.53%	10.56%	46.38%	10.41%	6.65%	10.33%	0.93%	8.5%	7.01%	45.92%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010
Basic Shares Outstanding	507.5M shares	485.4M shares	407.4M shares	403.8M shares	337.8M shares	331.3M shares	264.0M shares	254.8M shares	234.4M shares	205.7M shares	199.3M shares	197.4M shares	178.4M shares	177.6M shares
Diluted Shares Outstanding	509.2M shares	487.8M shares	410.0M shares	405.0M shares	340.1M shares	332.7M shares	264.9M shares	255.3M shares	234.4M shares	205.7M shares	199.3M shares	197.4M shares	178.4M shares	177.6M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $5.8538 Billion

About VALLEY NATIONAL BANCORP

Valley National Bancorp is a bank and financial holding company, which engages in the provision of retail and commercial banking services. The company is headquartered in New York City, New York and currently employs 3,749 full-time employees. The firm's principal subsidiary is Valley National Bank. The firm's segments include Consumer Banking, Commercial Banking and Treasury and Corporate Other. The Consumer Banking segment is mainly comprised of residential mortgages and automobile loans, and to a lesser extent, secured personal lines of credit, home equity loans and other consumer loans. The Consumer Banking segment also includes the wealth management and insurance services division, comprised of trust, asset management, brokerage, insurance and tax credit advisory services. The Commercial Banking segment is comprised of floating rate and adjustable rate commercial and industrial loans and construction loans, as well as fixed rate owner occupied and commercial real estate loans. The company also offers financial services, including loan and deposit products for homeowners associations, cannabis-related business banking and venture banking.

Industry: National Commercial Banks Peers: BOK FINANCIAL CORP FIRST FINANCIAL BANKSHARES INC SouthState Corp GLACIER BANCORP, INC. PINNACLE FINANCIAL PARTNERS INC PNC FINANCIAL SERVICES GROUP, INC. PROSPERITY BANCSHARES INC SYNOVUS FINANCIAL CORP WINTRUST FINANCIAL CORP