← VALLEY NATIONAL BANCORP
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income (Loss) Attributable to Parent | $168.1m |
$161.9m
-3.71%
|
$261.4m
+61.47%
|
$309.8m
+18.50%
|
$390.6m
+26.09%
|
$473.8m
+21.31%
|
$568.9m
+20.05%
|
$498.5m
-12.37%
|
$380.3m
-23.72%
|
$598.0m
+57.25%
|
— | |
| Net Income (Loss) Available to Common Stockholders, Basic | $161.0m |
$152.5m
-5.28%
|
$248.7m
+63.15%
|
$297.1m
+19.44%
|
$377.9m
+27.20%
|
$461.2m
+22.02%
|
$555.7m
+20.50%
|
$482.4m
-13.20%
|
$358.9m
-25.60%
|
$569.0m
+58.54%
|
— | |
| Depreciation, Depletion and Amortization | $24.4m | $24.8m | $27.6m | $29.4m | $30.6m | $28.8m | $41.2m | $43.4m | $43.7m | $38.1m | $64.4m | |
| Depreciation, Amortization and Accretion, Net | $24.4m | $24.8m | $27.6m | $53.3m | $57.6m | $54.9m | $72.7m | $43.4m | $43.8m | $38.3m | $64.4m | |
| Amortization of Intangible Assets | $11.3m | $10.0m | $18.4m | $18.1m | $24.6m | $21.8m | $37.8m | $39.8m | $35.0m | $30.4m | — | |
| Deferred Income Tax Expense (Benefit) | $27.2m | $76.8m | ($11.8m) | $15.2m | ($5.1m) | $26.8m | $7.5m | ($9.4m) | ($6.1m) | $10.9m | $10.9m | |
| Share-based Payment Arrangement, Noncash Expense | $10.0m | $12.2m | $19.5m | $14.7m | $16.2m | $20.9m | $28.8m | $33.1m | $29.0m | $27.3m | $29.9m | |
| Payment, Tax Withholding, Share-based Payment Arrangement | — | — | — | — | — | — | — | — | — | $9.8m | — | |
| Goodwill, Impairment Loss | $0 | $0 | $0 | $0 | $0 | $0 | — | $0 | $0 | $0 | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Debt Securities Available For Sale Excluding Accrued Interest Allowance For Credit Loss Not Previously Recorded | — | — | — | — | — | — | — | $5.0m | — | $0 | — | |
| Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal | — | — | — | — | — | — | $48.2m | $50.8m | $314.4m | $141.5m | — | |
| Increase (Decrease) in Other Operating Assets | ($46.2m) | $57.4m | $33.1m | $163.3m | $311.8m | ($122.2m) | $259.7m | $173.5m | $263.4m | ($118.9m) | — | |
| Net Cash Provided by (Used in) Operating Activities | $419.2m |
$619.2m
+47.73%
|
$593.6m
-4.14%
|
$1.5b
+146.63%
|
$151.5m
-89.65%
|
$837.1m
+452.48%
|
$1.4b
+70.64%
|
$378.2m
-73.52%
|
$548.5m
+45.04%
|
$343.8m
-37.32%
|
$575.0m
+67.23%
|
|
| Cash flows from investing activities: | ||||||||||||
| Payments to Acquire Property, Plant, and Equipment | $20.7m | $18.1m | $26.4m | $23.4m | $24.6m | $39.4m | $68.9m | $76.0m | $16.1m | $18.1m | — | |
| Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-sale | $868.0m | $204.7m | $255.0m | $316.0m | $555.6m | $462.3m | $225.9m | $78.6m | $296.9m | $704.2m | — | |
| Debt Securities, Trading, Gain (Loss) | — | — | — | — | — | $1.2m | ($1.3m) | $702k | $115k | $57k | — | |
| Gain (Loss) on Sale of Investments | $213k | ($25k) | ($2.1m) | $0 | $656k | $820k | $0 | $869k | $0 | $0 | — | |
| Net Cash Provided by (Used in) Investing Activities | ($1.5b) | ($1.5b) | ($3.1b) | ($2.1b) | ($2.0b) | ($1.1b) | ($6.8b) | ($3.3b) | ($709.3m) | ($2.2b) | ($3.8b) | |
| Cash flows from financing activities: | ||||||||||||
| Repayments of Long-term Debt | $769.2m | $185.0m | $750.7m | $890.0m | $667.7m | $1.2b | $0 | $475.0m | $165.0m | $488.0m | ($900.0m) | |
| Debt and Equity Securities, Gain (Loss) | — | — | ($2.3m) | ($150k) | $524k | $1.8m | ($1.2m) | $1.1m | $100k | $74k | — | |
| Gain (Loss) on Extinguishment of Debt | ($315k) | $0 | — | ($32.0m) | ($12.0m) | ($8.4m) | $0 | $0 | — | ($922k) | — | |
| Proceeds from Issuance of Long-term Debt | $385.0m | $1.1b | $0 | $950.0m | $838.4m | $295.9m | $147.5m | $1.3b | $1.0b | $210.0m | $594.1m | |
| Payments for Repurchase of Common Stock | $3.2m | $2.6m | $3.8m | $1.8m | $5.4m | $23.9m | $24.1m | $11.5m | $8.9m | $63.0m | — | |
| Payments of Ordinary Dividends, Common Stock | $111.8m | $115.9m | $138.9m | $146.5m | $178.0m | $179.7m | $206.0m | $225.4m | $228.2m | $248.9m | ($277.3m) | |
| Proceeds from Issuance of Common Stock | $112.1m | $8.2m | $2.7m | $3.0m | $2.2m | $11.2m | $120k | $4.0m | $451.2m | $17.5m | $17.5m | |
| Proceeds from (Payments for) Other Financing Activities | — | — | — | ($492k) | ($612k) | ($680k) | ($745k) | ($18k) | ($3k) | ($156k) | — | |
| Net Cash Provided by (Used in) Financing Activities | $1.1b |
$951.9m
-12.41%
|
$2.5b
+167.72%
|
$673.4m
-73.57%
|
$2.8b
+312.90%
|
$964.4m
-65.32%
|
$4.3b
+341.47%
|
$2.9b
-31.54%
|
$1.2b
-60.21%
|
$1.5b
+30.56%
|
$3.0b
+95.50%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | — | — | — | $6.1m | $894.5m | $720.7m | ($1.1b) | ($56.7m) | $998.9m | ($306.6m) | $966.9m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | $434.7m | $1.3b | $2.0b | $947.9m | $891.2m | $1.9b | $1.6b | $966.9m | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Provision for Loan, Lease, and Other Losses | $11.9m | $9.9m | $32.5m | $24.2m | — | — | — | — | — | — | $89.7m | |
| Bank Owned Life Insurance Income | $6.7m | $7.3m | $8.7m | $8.2m | $10.1m | $8.8m | $8.0m | $11.8m | $16.9m | $20.0m | — | |
| Gain (Loss) on Sales of Loans, Net | $22.0m | $20.8m | $20.5m | $18.9m | $42.3m | $26.7m | $6.4m | $6.1m | ($5.8m) | $6.9m | — | |
| Parent Company | $111.8m | $115.9m | $138.9m | $146.5m | $178.0m | $179.7m | $206.0m | $225.4m | $228.2m | $248.9m | — | |
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | — | — | $290.4m | $415.6m | $279.0m | $138.4m | $281.1m | $1.4b | $1.7b | $1.5b | — | |
| Income Taxes Paid, Net | — | — | — | — | — | — | — | $236.5m | $89.7m | $53.5m | — | |
| Additional Financial Items | ||||||||||||
| Derivative, Gain (Loss) on Derivative, Net | $690k | ($744k) | ($792k) | $898k | $1.1m | $54k | ($1.4m) | $1.6m | ($4.8m) | ($7.2m) | — | |
| Gain (Loss) on Disposition of Assets | $1.4m | ($95k) | ($2.4m) | $78.3m | ($1.9m) | $901k | $897k | $6.8m | $3.7m | ($3k) | — | |
| Goodwill | $690.6m | $690.6m | $1.1b | $1.4b | $1.4b | $1.5b | $1.9b | $1.9b | $1.9b | $1.9b | — | |
| Income Tax Expense (Benefit) | $65.2m | $90.8m | $68.3m | $147.0m | $139.5m | $166.9m | $211.8m | $179.8m | $58.2m | $145.9m | — | |
| Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI on Derivatives, Net of Tax | ($7.6m) | ($5.0m) | — | — | — | — | — | — | — | — | — | |
| Financing Receivable, Credit Loss, Expense (Reversal) | — | — | — | — | $123.9m | $27.5m | $48.2m | $50.8m | $314.4m | $141.5m | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.