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Valley National Bank VLY Amortization of capitalized software and acquired intangible assets

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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$8.04B+54.1%
Enterprise value$7.51B+79.1%
P/E11.6×+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:AmortizationOfIntangibleAssets.

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
Net occupancy expense27,17925,48354,36151,371
Technology, furniture and equipment expense33,24730,66765,12560,563
FDIC insurance assessment11,69112,19222,16725,059
Amortization of other intangible assets6,2687,42713,18715,446
Professional and legal fees29,53319,97054,67535,640
Loss on extinguishment of debt922922
Amortization of tax credit investments16,1579,13432,17118,454
Other36,61632,90573,21665,245

Item 1. Financial Statements (Unaudited)

FAQ

What is Valley National Bank's amortization of capitalized software and acquired intangible assets?
Valley National Bank (VLY) reported amortization of capitalized software and acquired intangible assets of $6.27M in Q2 2026.
How has Valley National Bank's amortization of capitalized software and acquired intangible assets changed year-over-year?
Valley National Bank's amortization of capitalized software and acquired intangible assets decreased by 15.6% year-over-year, from $7.43M to $6.27M.
What is the long-term trend for Valley National Bank's amortization of capitalized software and acquired intangible assets?
Over 4 years (2021 to 2025), Valley National Bank's amortization of capitalized software and acquired intangible assets has grown at a 8.7% compound annual growth rate (CAGR), from $21.83M to $30.43M.
What does amortization of capitalized software and acquired intangible assets mean?
Amortization of capitalized software and acquired intangible assets

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