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Valley National Bank VLY Other Tax Credit Investment Credits And Tax Benefits

Other Tax Credit Investment Credits And Tax Benefits at other companies

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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 vly:OtherTaxCreditInvestmentCreditsAndTaxBenefits.

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
Line itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Components of income tax expense:
Affordable housing tax credits and other tax benefits$1,644$2,151$3,360$3,376
Other tax credit investment credits and tax benefits18,05810,12035,64221,009
Total reduction in income tax expense$19,702$12,271$39,002$24,385
Amortization of tax credit investments:
Affordable housing tax credit investment losses$996$1,050$2,255$1,750
Affordable housing tax credit investment impairment losses171374339739
Other tax credit investment losses4,3333,6226,5474,394

Item 1. Financial Statements (Unaudited)

FAQ

What is Valley National Bank's other tax credit investment credits and tax benefits?
Valley National Bank (VLY) reported other tax credit investment credits and tax benefits of $18.06M in Q2 2026.
How has Valley National Bank's other tax credit investment credits and tax benefits changed year-over-year?
Valley National Bank's other tax credit investment credits and tax benefits increased by 78.4% year-over-year, from $10.12M to $18.06M.
What does other tax credit investment credits and tax benefits mean?
Other Tax Credit Investment Credits And Tax Benefits as reported by Valley National Bancorp.

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