Valley National Bank VLY Discount adjustment of the appraisals of foreclosed assets
Discount adjustment of the appraisals of foreclosed assets at other companies
Other financials
Where this comes from
Reported directly by Valley National Bank in its filing.
Tagged under the XBRL concept vly:ForeclosedAssetsDiscountAdjustmentRate.
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 discount adjustment of the appraisals of foreclosed assets?
- Valley National Bank (VLY) reported discount adjustment of the appraisals of foreclosed assets of 0% in Q1 2026.
- What does discount adjustment of the appraisals of foreclosed assets mean?
- This represents the percentage or dollar adjustment applied to the appraised value of foreclosed real estate or other assets to account for liquidation costs and market conditions. It reflects the bank's conservative approach to valuing assets acquired through foreclosure. A higher discount rate indicates a more cautious outlook on the realizable value of repossessed collateral.