Valley National Bank VLY Allowance For Credit Losses
Allowance For Credit Losses at other companies
Other financials
Where this comes from
Reported directly by Valley National Bank in its filing.
Tagged under the XBRL concept vly:AllowanceForCreditLosses.
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 allowance for credit losses?
- Valley National Bank (VLY) reported allowance for credit losses of $599.8M in Q1 2026.
- How has Valley National Bank's allowance for credit losses changed year-over-year?
- Valley National Bank's allowance for credit losses increased by 1.0% year-over-year, from $594.05M to $599.8M.
- What is the long-term trend for Valley National Bank's allowance for credit losses?
- Over 5 years (2020 to 2025), Valley National Bank's allowance for credit losses has grown at a 11.2% compound annual growth rate (CAGR), from $351.35M to $596.1M.
- What does allowance for credit losses mean?
- This is the contra-asset account established to absorb estimated credit losses inherent in the loan and lease portfolio. It is a critical estimate based on management's assessment of economic conditions, historical loss experience, and borrower creditworthiness. The adequacy of this allowance is a primary focus for regulators and investors evaluating bank solvency.