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Valley National Bank VLY Provision for credit losses for loans
Provision for credit losses for loans at other companies
Other financials
Where this comes from
Reported directly by Valley National Bank in its filing.
Tagged under the XBRL concept vly:AllowanceForCreditLossExpenseReversal.
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 interest expense | 342,351 | 372,604 | 673,550 | 737,251 |
| Net Interest Income | 487,024 | 432,408 | 958,549 | 852,513 |
| (Credit) provision for credit losses for available for sale and held to maturity securities | (2) | 4 | 10 | (10) |
| Provision for credit losses for loans | 29,166 | 37,795 | 50,410 | 100,470 |
| Net Interest Income After Provision for Credit Losses | 457,860 | 394,609 | 908,129 | 752,053 |
| Non-Interest Income | ||||
| Wealth management and trust fees | 17,655 | 14,056 | 33,661 | 29,087 |
| Insurance commissions | 3,770 | 3,430 | 6,637 | 6,832 |
Item 1. Financial Statements (Unaudited)
FAQ
- What is Valley National Bank's provision for credit losses for loans?
- Valley National Bank (VLY) reported provision for credit losses for loans of $29.17M in Q2 2026.
- How has Valley National Bank's provision for credit losses for loans changed year-over-year?
- Valley National Bank's provision for credit losses for loans decreased by 22.8% year-over-year, from $37.8M to $29.17M.
- What is the long-term trend for Valley National Bank's provision for credit losses for loans?
- Over 4 years (2021 to 2025), Valley National Bank's provision for credit losses for loans has grown at a 43.6% compound annual growth rate (CAGR), from $32.9M to $139.69M.
- What does provision for credit losses for loans mean?
- This is the periodic expense charged to the income statement to maintain the allowance for loan and lease losses at an adequate level. It represents the bank's estimate of expected credit losses within its loan portfolio.
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