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Valley National Bank VLY Cumulative Gross Losses and Impairments

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Other financials

Income statement

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Revenue$560.7M+13.3%
Net income$170.9M+28.3%
EPS (diluted)$0.29+31.8%

Balance sheet

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Cash & equivalents$966.9M-18.5%
Total debt$433.5M+167%
Total equity$7.9B+4.5%
Total assets$66.3B+5.8%

Cash flow

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Operating cash flow$163.5M+2.8%
CapEx$3.3M+7.7%
Free cash flow$160.2M+2.7%

Valuation

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Market cap$8B+55.1%
Enterprise value$7.47B+80.6%
P/E11.5×+0.1×
P/S3.7×+1.0×

Profitability

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Net margin32.2%+8.6pp
FCF margin25.9%

Returns & leverage

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Return on equity9%+2.6pp
Debt / equity0.1×0.0×

Where this comes from

Reported directly by Valley National Bank in its filing.

Tagged under the XBRL concept us-gaap:HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss.

The source filing: Valley National Bank’s 10-Q, filed August 6, 2026.

Filed
Aug 6, 2026, 4:15 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000714310-26-000041
June 30, 2026Amortized CostGross Unrealized GainsGross Unrealized LossesFair ValueAllowance for Credit LossesNet Carrying Value
Residential mortgage-backed securities2,973,4775,438(324,397)2,654,5182,973,477
Trust preferred securities36,115(4,395)31,72041035,705
Corporate and other debt securities76,8114(1,234)75,58113376,678
Total$3,757,944$5,878$(395,472)$3,368,350$744$3,757,200
December 31, 2025
U.S. government agency securities$292,269$19$(39,226)$253,062$292,269
Obligations of states and political subdivisions:
Obligations of states and state agencies60,801504(3,293)58,012260,799

Item 1. Financial Statements (Unaudited)

FAQ

What is Valley National Bank's cumulative gross losses and impairments?
Valley National Bank (VLY) reported cumulative gross losses and impairments of $395.47M in Q2 2026.
How has Valley National Bank's cumulative gross losses and impairments changed year-over-year?
Valley National Bank's cumulative gross losses and impairments decreased by 12.1% year-over-year, from $449.91M to $395.47M.
What is the long-term trend for Valley National Bank's cumulative gross losses and impairments?
Over 5 years (2020 to 2025), Valley National Bank's cumulative gross losses and impairments has grown at a 117.8% compound annual growth rate (CAGR), from $7.73M to $378.58M.
What does cumulative gross losses and impairments mean?
This metric aggregates all unrealized losses and recognized impairment charges on investment securities that have not yet been realized through a sale. It provides a comprehensive view of the negative valuation adjustments impacting the bank's equity. It is a key indicator of the credit and market risk embedded in the bank's long-term holdings.

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