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Valley National Bank VLY Occupancy and equipment
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Where this comes from
Reported directly by Valley National Bank in its filing.
Tagged under the XBRL concept us-gaap:OccupancyNet.
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 item | Three Months Ended June 30, 2026 | Three Months Ended June 30, 2025 | Six Months Ended June 30, 2026 | Six Months Ended June 30, 2025 |
|---|---|---|---|---|
| Total non-interest income | 73,711 | 62,604 | 142,547 | 120,898 |
| Non-Interest Expense | ||||
| Salary and employee benefits expense | 150,432 | 145,422 | 306,147 | 288,040 |
| Net occupancy expense | 27,179 | 25,483 | 54,361 | 51,371 |
| Technology, furniture and equipment expense | 33,247 | 30,667 | 65,125 | 60,563 |
| FDIC insurance assessment | 11,691 | 12,192 | 22,167 | 25,059 |
| Amortization of other intangible assets | 6,268 | 7,427 | 13,187 | 15,446 |
| Professional and legal fees | 29,533 | 19,970 | 54,675 | 35,640 |
Item 1. Financial Statements (Unaudited)
FAQ
- What is Valley National Bank's occupancy and equipment?
- Valley National Bank (VLY) reported occupancy and equipment of $27.18M in Q2 2026.
- How has Valley National Bank's occupancy and equipment changed year-over-year?
- Valley National Bank's occupancy and equipment increased by 6.7% year-over-year, from $25.48M to $27.18M.
- What is the long-term trend for Valley National Bank's occupancy and equipment?
- Over 4 years (2021 to 2025), Valley National Bank's occupancy and equipment has grown at a 3.0% compound annual growth rate (CAGR), from $90.93M to $102.29M.
- What does occupancy and equipment mean?
- Costs for office and branch facilities (rent, utilities, maintenance) and equipment (depreciation, repairs, technology hardware) used in operations.
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