Valley National Bank VLY Increase (Decrease) Right-of-Use of Asset, Lease
Increase (Decrease) Right-of-Use of Asset, Lease at other companies
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Where this comes from
Reported directly by Valley National Bank in its filing.
Tagged under the XBRL concept vly:IncreaseDecreaseRightOfUseOfAssetLease.
The official record: Valley National Bank’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Valley National Bank's increase (decrease) right-of-use of asset, lease?
- Valley National Bank (VLY) reported increase (decrease) right-of-use of asset, lease of -$7.57M in Q1 2026.
- How has Valley National Bank's increase (decrease) right-of-use of asset, lease changed year-over-year?
- Valley National Bank's increase (decrease) right-of-use of asset, lease decreased by 232.6% year-over-year, from $5.71M to -$7.57M.
- What is the long-term trend for Valley National Bank's increase (decrease) right-of-use of asset, lease?
- Over 2 years (2021 to 2025), Valley National Bank's increase (decrease) right-of-use of asset, lease has grown at a 34.6% compound annual growth rate (CAGR), from $6.55M to -$11.87M.
- What does increase (decrease) right-of-use of asset, lease mean?
- Represents the non-cash adjustment related to the amortization of right-of-use assets created under lease accounting standards. It reconciles the lease expense recognized in net income with the actual cash payments made for leases.