← 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Noninterest income: | ||||||||||||
| Interest Income (Expense), Net | $618.1m |
$668.3m
+8.12%
|
$857.2m
+28.26%
|
$898.0m
+4.76%
|
$1.1b
+24.59%
|
$1.2b
+8.13%
|
$1.7b
+36.84%
|
$1.7b
+0.59%
|
$1.6b
-2.21%
|
$1.8b
+8.28%
|
$3.3b
+85.68%
|
|
| Labor and Related Expense | $235.9m | $254.6m | $333.8m | $327.4m | $333.2m | $375.9m | $526.7m | $563.6m | $558.6m | $579.5m | — | |
| Amortization of Intangible Assets | $11.3m | $10.0m | $18.4m | $18.1m | $24.6m | $21.8m | $37.8m | $39.8m | $35.0m | $30.4m | — | |
| Noninterest expense: | ||||||||||||
| Interest Expense | $148.8m | $174.1m | $302.0m | $423.0m | $264.8m | $124.3m | $321.0m | $1.5b | — | — | $1.4b | |
| Total interest expense | — | — | — | — | — | — | — | — | $1.7b | $1.5b | — | |
| Debt and Equity Securities, Gain (Loss) | — | — | ($2.3m) | ($150k) | $524k | $1.8m | ($1.2m) | $1.1m | $100k | $74k | — | |
| Debt Securities, Gain (Loss) | — | — | — | — | — | — | — | $401k | ($15k) | $17k | — | |
| Debt Securities, Trading, Gain (Loss) | — | — | — | — | — | $1.2m | ($1.3m) | $702k | $115k | $57k | — | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | — | — | — | — | — | $640.7m | $780.7m | $678.3m | $438.5m | $743.9m | $861.3m | |
| Current Income Tax Expense (Benefit) | $38.1m | $14.0m | $80.0m | $131.8m | $144.5m | $140.1m | $204.3m | $189.2m | $64.4m | $135.0m | $167.7m | |
| Income Tax Expense (Benefit) | $65.2m | $90.8m | $68.3m | $147.0m | $139.5m | $166.9m | $211.8m | $179.8m | $58.2m | $145.9m | $167.7m | |
| 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%
|
$663.9m
+11.03%
|
|
| 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%
|
$663.9m
+16.69%
|
|
| Preferred Stock Dividends, Income Statement Impact | $7.2m | $9.4m | $12.7m | $12.7m | $12.7m | $12.7m | $13.1m | $16.1m | $21.4m | $29.0m | $29.6m | |
| Earnings Per Share, Basic | $0.63 | $0.58 | $0.75 | $0.88 | $0.94 | $1.13 | $1.14 | $0.95 | $0.70 | $1.02 | $1.20 | |
| Earnings Per Share, Diluted | $0.63 | $0.58 | $0.75 | $0.87 | $0.93 | $1.12 | $1.14 | $0.95 | $0.69 | $1.01 | $1.18 | |
| Common Stock, Dividends, Per Share, Declared | $0.44 | $0.44 | $0.44 | $0.44 | $0.44 | $0.44 | — | — | $0.44 | $0.44 | — | |
| Weighted Average Number of Shares Outstanding, Basic | 254.8m | 264.0m | 331.3m | 337.8m | 403.8m | 407.4m | 485.4m | 507.5m | 515.8m | 559.6m | 557.0m | |
| Weighted Average Number of Shares Outstanding, Diluted | 255.3m | 264.9m | 332.7m | 340.1m | 405.0m | 410.0m | 487.8m | 509.2m | 518.0m | 563.8m | 561.1m | |
| Additional Financial Items | ||||||||||||
| 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 | — | |
| 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 | — | |
| Goodwill, Impairment Loss | $0 | $0 | $0 | $0 | $0 | $0 | — | $0 | $0 | $0 | — | |
| Lease Income | — | — | — | $19.4m | $25.2m | $28.1m | $34.4m | $40.1m | $39.8m | $42.7m | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.