Income Statement - VALLEY NATIONAL BANCORP (VLY)
$(Billion, Million)| Dec-25 | Dec-24 | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 | Dec-16 | Dec-15 | Dec-14 | Dec-13 | Dec-12 | Dec-11 | Dec-10 | Dec-09 | Dec-08 | Dec-07 | Dec-06 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 3,492.77 | 3,571.59 | 3,353.34 | 2,183.00 | 1,489.50 | 1,566.12 | 1,535.52 | 1,293.30 | 945.86 | 870.15 | 790.83 | 714.22 | 744.75 | 792.14 | 786.12 | 768.14 | 784.44 | 732.95 | 814.04 | 779.44 |
| Cost of revenue | 1,608.61 | 2,038.18 | 1,519.04 | 377.38 | 157.22 | 389.90 | 447.17 | 334.55 | 184.05 | 160.64 | 164.86 | 163.73 | 184.47 | 206.86 | 252.35 | 263.52 | 310.86 | 337.18 | 355.20 | 325.52 |
| Gross profit | 1,884.15 | 1,533.42 | 1,834.30 | 1,805.62 | 1,332.28 | 1,176.21 | 1,088.35 | 958.75 | 761.81 | 709.51 | 625.97 | 550.49 | 560.28 | 585.28 | 533.77 | 504.62 | 473.57 | 395.77 | 458.84 | 453.92 |
| Total operating expenses | 1,140.28 | 1,094.90 | 1,155.97 | 1,024.95 | 691.54 | 646.15 | 631.56 | 629.06 | 509.07 | 476.13 | 499.08 | 403.26 | 381.34 | 374.90 | 338.56 | 319.69 | 306.03 | 285.25 | 253.91 | 250.34 |
| Operating income | 743.87 | 438.52 | 678.33 | 780.67 | 640.74 | 530.07 | 456.80 | 329.69 | 252.74 | 233.38 | 126.90 | 147.23 | 178.94 | 210.38 | 195.22 | 184.94 | 167.55 | 110.53 | 204.93 | 203.58 |
| Non-operating income (net) | 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 | 0.00 | 0.00 |
| Income before tax | 743.87 | 438.52 | 678.33 | 780.67 | 640.74 | 530.07 | 456.80 | 329.69 | 252.74 | 233.38 | 126.90 | 147.23 | 178.94 | 210.38 | 195.22 | 184.94 | 167.55 | 110.53 | 204.93 | 203.58 |
| Income tax expense | 145.89 | 58.25 | 179.82 | 211.82 | 166.90 | 139.46 | 147.00 | 68.27 | 90.83 | 65.23 | 23.94 | 31.06 | 46.98 | 66.75 | 62.71 | 54.93 | 51.48 | 16.93 | 51.70 | 39.88 |
| Net income | 597.98 | 380.27 | 498.51 | 568.85 | 473.84 | 390.61 | 309.79 | 261.43 | 161.91 | 168.15 | 102.96 | 116.17 | 131.96 | 143.63 | 132.51 | 130.01 | 116.06 | 93.59 | 153.23 | 163.69 |
Show Quarterly Income Statement
Income Statement - VALLEY NATIONAL BANCORP (VLY)
$(Billion, Million)| Mar-26 | Dec-25 | Sep-25 | Jun-25 | Mar-25 | Dec-24 | Sep-24 | Jun-24 | Mar-24 | Dec-23 | Sep-23 | Jun-23 | Mar-23 | Dec-22 | Sep-22 | Jun-22 | Mar-22 | Dec-21 | Sep-21 | Jun-21 | Mar-21 | Dec-20 | Sep-20 | Jun-20 | Mar-20 | Dec-19 | Sep-19 | Jun-19 | Mar-19 | Dec-18 | Sep-18 | Jun-18 | Mar-18 | Dec-17 | Sep-17 | Jun-17 | Mar-17 | Dec-16 | Sep-16 | Jun-16 | Mar-16 | Dec-15 | Sep-15 | Jun-15 | Mar-15 | Dec-14 | Sep-14 | Jun-14 | Mar-14 | Dec-13 | Sep-13 | Jun-13 | Mar-13 | Dec-12 | Sep-12 | Jun-12 | Mar-12 | Dec-11 | Sep-11 | Jun-11 | Mar-11 | Dec-10 | Sep-10 | Jun-10 | Mar-10 | Dec-09 | Sep-09 | Jun-09 | Mar-09 | Dec-08 | Sep-08 | Jun-08 | Mar-08 | Dec-07 | Sep-07 | Jun-07 | Mar-07 | Dec-06 | Sep-06 | Jun-06 | Mar-06 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 871.56 | 892.14 | 891.81 | 867.61 | 843.06 | 886.46 | 913.90 | 884.72 | 886.52 | 870.99 | 864.99 | 847.82 | 769.54 | 699.40 | 592.73 | 511.19 | 379.67 | 378.11 | 371.20 | 376.80 | 363.39 | 381.64 | 386.73 | 393.31 | 404.43 | 381.87 | 370.41 | 355.35 | 427.90 | 349.29 | 326.08 | 318.19 | 299.75 | 248.11 | 237.74 | 235.84 | 224.18 | 233.76 | 216.06 | 213.29 | 207.05 | 209.63 | 195.61 | 195.95 | 189.63 | 202.57 | 170.24 | 169.70 | 173.78 | 198.99 | 176.17 | 185.26 | 184.33 | 191.55 | 207.73 | 190.89 | 196.73 | 179.52 | 191.84 | 201.33 | 213.43 | 196.29 | 187.91 | 195.71 | 188.22 | 190.24 | 195.10 | 182.87 | 214.06 | 184.37 | 224.45 | 195.24 | 195.77 | 186.75 | 203.52 | 200.84 | 220.19 | 199.50 | 194.67 | 193.72 | 187.77 |
| Cost of revenue | 352.46 | 371.03 | 399.87 | 410.40 | 427.32 | 518.81 | 525.09 | 513.89 | 480.38 | 441.61 | 409.75 | 374.03 | 293.66 | 188.02 | 84.57 | 78.50 | 26.29 | 36.29 | 31.27 | 41.52 | 48.15 | 65.17 | 85.28 | 107.08 | 132.38 | 110.65 | 117.34 | 109.61 | 109.58 | 100.40 | 86.79 | 76.51 | 70.85 | 50.74 | 48.44 | 45.82 | 39.06 | 40.50 | 42.90 | 39.00 | 38.24 | 41.06 | 40.82 | 44.08 | 38.90 | 46.28 | 40.37 | 34.07 | 43.01 | 47.23 | 47.44 | 45.04 | 44.77 | 49.64 | 52.66 | 52.19 | 52.37 | 63.62 | 57.49 | 56.15 | 75.09 | 67.05 | 62.16 | 66.60 | 67.71 | 71.66 | 74.94 | 80.77 | 83.49 | 90.84 | 82.62 | 79.12 | 84.60 | 91.11 | 91.46 | 87.76 | 84.87 | 90.04 | 85.23 | 79.11 | 71.15 |
| Gross profit | 519.11 | 521.11 | 491.94 | 457.21 | 415.74 | 367.64 | 388.81 | 370.83 | 406.13 | 429.39 | 455.24 | 473.79 | 475.88 | 511.38 | 508.16 | 432.70 | 353.38 | 341.83 | 339.93 | 335.29 | 315.24 | 316.48 | 301.45 | 286.23 | 272.05 | 271.22 | 253.08 | 245.74 | 318.32 | 248.89 | 239.29 | 241.68 | 228.90 | 197.37 | 189.30 | 190.02 | 185.12 | 193.26 | 173.16 | 174.29 | 168.80 | 168.58 | 154.79 | 151.88 | 150.73 | 156.30 | 129.87 | 135.62 | 130.76 | 151.76 | 128.73 | 140.23 | 139.56 | 141.91 | 155.07 | 138.70 | 144.36 | 115.90 | 134.36 | 145.18 | 138.34 | 129.25 | 125.75 | 129.11 | 120.51 | 118.57 | 120.17 | 102.09 | 130.57 | 93.54 | 141.83 | 116.12 | 111.16 | 95.64 | 112.06 | 113.07 | 135.32 | 109.46 | 109.44 | 114.62 | 116.62 |
| Total operating expenses | 309.93 | 299.40 | 281.99 | 284.12 | 276.62 | 278.58 | 262.14 | 277.50 | 276.68 | 340.42 | 260.41 | 282.97 | 272.17 | 266.24 | 261.64 | 299.73 | 197.34 | 184.51 | 174.92 | 171.89 | 160.21 | 173.14 | 160.19 | 157.17 | 155.66 | 196.15 | 145.88 | 141.74 | 147.80 | 153.71 | 151.68 | 149.92 | 173.75 | 136.32 | 132.57 | 119.24 | 120.95 | 124.83 | 113.27 | 119.80 | 118.23 | 174.89 | 108.65 | 107.41 | 108.12 | 123.33 | 91.54 | 94.35 | 96.10 | 96.09 | 94.46 | 95.35 | 95.44 | 90.38 | 93.22 | 91.51 | 94.55 | 83.55 | 85.30 | 83.08 | 84.65 | 75.77 | 78.95 | 82.02 | 80.95 | 71.74 | 74.64 | 80.54 | 76.95 | 79.55 | 139.39 | 65.34 | 67.83 | 61.85 | 64.23 | 60.87 | 64.22 | 58.25 | 65.63 | 61.92 | 60.76 |
| Operating income | 209.18 | 221.70 | 209.96 | 173.09 | 139.12 | 89.06 | 126.67 | 93.33 | 129.45 | 88.97 | 194.83 | 190.82 | 203.72 | 245.14 | 246.52 | 132.97 | 156.04 | 157.31 | 165.00 | 163.39 | 155.03 | 143.34 | 141.27 | 129.07 | 116.40 | 75.07 | 107.20 | 104.00 | 170.53 | 95.18 | 87.61 | 91.76 | 55.15 | 61.06 | 56.74 | 70.78 | 64.17 | 68.43 | 59.89 | 54.49 | 50.58 | -6.32 | 46.13 | 44.47 | 42.61 | 32.96 | 38.34 | 41.27 | 34.67 | 55.67 | 34.26 | 44.88 | 44.12 | 51.53 | 61.85 | 47.19 | 49.81 | 32.35 | 49.05 | 62.10 | 53.69 | 53.48 | 46.81 | 47.09 | 39.56 | 46.84 | 45.53 | 21.55 | 53.62 | 13.99 | 2.44 | 50.77 | 43.33 | 33.79 | 47.83 | 52.21 | 71.11 | 51.21 | 43.82 | 52.70 | 55.85 |
| Non-operating income (net) | 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 | 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 | 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 | 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 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Income before tax | 209.18 | 221.70 | 209.96 | 173.09 | 139.12 | 89.06 | 126.67 | 93.33 | 129.45 | 88.97 | 194.83 | 190.82 | 203.72 | 245.14 | 246.52 | 132.97 | 156.04 | 157.31 | 165.00 | 163.39 | 155.03 | 143.34 | 141.27 | 129.07 | 116.40 | 75.07 | 107.20 | 104.00 | 170.53 | 95.18 | 87.61 | 91.76 | 55.15 | 61.06 | 56.74 | 70.78 | 64.17 | 68.43 | 59.89 | 54.49 | 50.58 | -6.32 | 46.13 | 44.47 | 42.61 | 32.96 | 38.34 | 41.27 | 34.67 | 55.67 | 34.26 | 44.88 | 44.12 | 51.53 | 61.85 | 47.19 | 49.81 | 32.35 | 49.05 | 62.10 | 53.69 | 53.48 | 46.81 | 47.09 | 39.56 | 46.84 | 45.53 | 21.55 | 53.62 | 13.99 | 2.44 | 50.77 | 43.33 | 33.79 | 47.83 | 52.21 | 71.11 | 51.21 | 43.82 | 52.70 | 55.85 |
| Income tax expense | 45.27 | 26.30 | 46.60 | 39.92 | 33.06 | -26.65 | 28.82 | 22.91 | 33.17 | 17.41 | 53.49 | 51.76 | 57.17 | 67.55 | 68.41 | 36.55 | 39.31 | 42.27 | 42.42 | 42.88 | 39.32 | 37.97 | 38.89 | 33.47 | 29.13 | 36.97 | 25.31 | 27.53 | 57.20 | 18.07 | 18.05 | 18.96 | 13.18 | 34.96 | 17.09 | 20.71 | 18.07 | 18.34 | 17.05 | 15.46 | 14.39 | -10.99 | 10.18 | 12.47 | 12.27 | 7.83 | 10.65 | 11.75 | 0.83 | 16.06 | 7.14 | 10.96 | 12.81 | 14.70 | 22.40 | 14.37 | 15.28 | 7.53 | 13.70 | 25.21 | 17.10 | 15.32 | 14.17 | 14.08 | 12.20 | 14.74 | 13.95 | 6.56 | 16.24 | -2.95 | -1.16 | 9.29 | 11.75 | 6.13 | 11.37 | 12.53 | 21.67 | 13.10 | -0.07 | 11.91 | 14.94 |
| Net income | 163.91 | 195.40 | 163.36 | 133.17 | 106.06 | 115.71 | 97.86 | 70.42 | 96.28 | 71.55 | 141.35 | 139.06 | 146.55 | 177.59 | 178.12 | 96.41 | 116.73 | 115.04 | 122.58 | 120.51 | 115.71 | 105.36 | 102.37 | 95.60 | 87.27 | 38.10 | 81.89 | 76.47 | 113.33 | 77.10 | 69.56 | 72.80 | 41.97 | 26.10 | 39.65 | 50.07 | 46.10 | 50.09 | 42.84 | 39.03 | 36.19 | 4.67 | 35.95 | 31.99 | 30.34 | 25.14 | 27.68 | 29.52 | 33.84 | 39.61 | 27.12 | 33.92 | 31.31 | 36.83 | 39.45 | 32.82 | 34.53 | 24.82 | 35.36 | 36.89 | 36.59 | 38.16 | 32.64 | 33.01 | 27.36 | 32.10 | 31.58 | 15.00 | 37.38 | 16.93 | 3.60 | 41.48 | 31.58 | 27.66 | 36.45 | 39.68 | 49.43 | 38.11 | 43.88 | 40.79 | 40.91 |