$VLY
VALLEY NATIONAL BANCORP

2010 Q2 Form 10-Q Financial Statement

#000119312510181285 Filed on August 06, 2010

View on sec.gov

Income Statement

Concept 2010 Q2 2009 Q4 2009 Q2
Revenue
YoY Change
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $6.500M $6.700M $4.400M
YoY Change 47.73% 15.52% -13.73%
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change
Interest Expense
YoY Change
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income $47.10M $46.80M $21.60M
YoY Change 118.06% 234.29% -57.48%
Income Tax $14.10M $14.70M $6.600M
% Of Pretax Income 29.94% 31.41% 30.56%
Net Earnings $33.00M $32.10M $15.00M
YoY Change 120.0% 89.94% -63.86%
Net Earnings / Revenue
Basic Earnings Per Share $0.20 $0.06
Diluted Earnings Per Share $0.20 $186.0K $0.06
COMMON SHARES
Basic Shares Outstanding 169.0M 148.9M
Diluted Shares Outstanding 169.0M 148.9M

Balance Sheet

Concept 2010 Q2 2009 Q4 2009 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $661.3M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment $264.0M $266.0M $271.0M
YoY Change -2.58% 3.91% 14.83%
Goodwill $296.4M
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets $14.11B $14.28B $14.13B
YoY Change -0.14% -2.95% 8.81%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses $156.0M $133.0M $146.0M
YoY Change 6.85% -55.37% 28.07%
Deferred Revenue
YoY Change
Short-Term Debt $184.0M $216.0M $193.0M
YoY Change -4.66% -66.25% -55.43%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $156.0M $133.0M $146.0M
YoY Change 6.85% -55.37% 28.07%
LONG-TERM LIABILITIES
Long-Term Debt $3.078B $3.127B $3.148B
YoY Change -2.22% -1.48% 1.16%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $3.078B $3.127B $3.148B
YoY Change -2.22% -1.48% 1.16%
TOTAL LIABILITIES
Total Short-Term Liabilities $156.0M $133.0M $146.0M
Total Long-Term Liabilities $3.078B $3.127B $3.148B
Total Liabilities $12.84B $13.03B $12.81B
YoY Change 0.24% -2.43% 6.46%
SHAREHOLDERS EQUITY
Retained Earnings $72.75M $73.59M
YoY Change
Common Stock $1.235B $1.233B
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost) $26.33M $34.21M
YoY Change
Treasury Stock Shares
Shareholders Equity $1.269B $1.244B $1.319B
YoY Change
Total Liabilities & Shareholders Equity $14.11B $14.28B $14.13B
YoY Change -0.14% -2.95% 8.81%

Cashflow Statement

Concept 2010 Q2 2009 Q4 2009 Q2
OPERATING ACTIVITIES
Net Income $33.00M $32.10M $15.00M
YoY Change 120.0% 89.94% -63.86%
Depreciation, Depletion And Amortization $6.500M $6.700M $4.400M
YoY Change 47.73% 15.52% -13.73%
Cash From Operating Activities $80.80M $600.0K $73.60M
YoY Change 9.78% -99.2% -79.91%
INVESTING ACTIVITIES
Capital Expenditures -$1.600M -$1.800M -$8.200M
YoY Change -80.49% -74.29% 34.43%
Acquisitions
YoY Change
Other Investing Activities $206.8M $90.70M -$155.6M
YoY Change -232.9% -133.15% -68.35%
Cash From Investing Activities $205.0M $88.90M -$163.8M
YoY Change -225.15% -131.68% -67.09%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -400.9M 40.00M -345.4M
YoY Change 16.07% -86.06% -1121.89%
NET CHANGE
Cash From Operating Activities 80.80M 600.0K 73.60M
Cash From Investing Activities 205.0M 88.90M -163.8M
Cash From Financing Activities -400.9M 40.00M -345.4M
Net Change In Cash -115.1M 129.5M -435.6M
YoY Change -73.58% 58.7% 346.77%
FREE CASH FLOW
Cash From Operating Activities $80.80M $600.0K $73.60M
Capital Expenditures -$1.600M -$1.800M -$8.200M
Free Cash Flow $82.40M $2.400M $81.80M
YoY Change 0.73% -97.08% -78.04%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2010Q2 vly Savings Now And Money Market
SavingsNowAndMoneyMarket
4064457000
CY2009Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-19816000
CY2009Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.06
CY2009Q4 us-gaap Preferred Stock Value
PreferredStockValue
CY2010Q2 us-gaap Preferred Stock Value
PreferredStockValue
CY2009Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
73592000
CY2010Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
72746000
CY2009Q4 us-gaap Treasury Stock Value
TreasuryStockValue
34207000
CY2010Q2 us-gaap Treasury Stock Value
TreasuryStockValue
26329000
CY2010Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-12727000
CY2009Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
1178992000
CY2010Q2 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
1177923000
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.36
CY2009Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.18
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.36
CY2010Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.18
CY2009Q4 us-gaap Common Stock Value
CommonStockValue
54293000
CY2010Q2 us-gaap Common Stock Value
CommonStockValue
57054000
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.28
CY2009Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.06
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.38
CY2010Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.21
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.28
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.38
CY2010Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.21
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
148880013
CY2009Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
148895153
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
160878918
CY2010Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
160965366
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
148879309
CY2009Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
148894236
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
160877151
CY2010Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
160961240

Files In Submission

Name View Source Status
0001193125-10-181285-index-headers.html Edgar Link pending
0001193125-10-181285-index.html Edgar Link pending
0001193125-10-181285.txt Edgar Link pending
0001193125-10-181285-xbrl.zip Edgar Link pending
d10q.htm Edgar Link pending
defnref.xml Edgar Link unprocessable
dex311.htm Edgar Link pending
dex312.htm Edgar Link pending
dex32.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xls Edgar Link pending
R1.xml Edgar Link unprocessable
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vly-20100630.xml Edgar Link completed
vly-20100630.xsd Edgar Link pending
vly-20100630_cal.xml Edgar Link unprocessable
vly-20100630_def.xml Edgar Link unprocessable
vly-20100630_lab.xml Edgar Link unprocessable
vly-20100630_pre.xml Edgar Link unprocessable