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Valley National Bank VLY Lease liabilities

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Other financials

Income statement

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Revenue$540.4M+13.0%
Net income$163.9M+54.6%
EPS (diluted)$0.28+55.6%

Balance sheet

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Cash & equivalents$1.2B-5.3%
Total debt$63.9M+8.2%
Total equity$7.8B+4.4%
Total assets$64.5B+4.2%

Cash flow

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Operating cash flow$209.6M+1,324%
CapEx$1.4M-54.1%
Free cash flow$208.2M+1,132%

Valuation

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Market cap$7.81B+36.9%
Enterprise value$6.71B+50.0%
P/E11.9×-2.7×
P/S3.7×+0.7×

Profitability

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Net margin31.4%+10.6pp
FCF margin26.5%

Returns & leverage

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Return on equity8.6%+3.1pp
Debt / equity0.0×

Where this comes from

Reported directly by Valley National Bank in its filing.

Tagged under the XBRL concept vly:OperatingAndFinanceLeaseLiability.

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 lease liabilities?
Valley National Bank (VLY) reported lease liabilities of $363.99M in Q1 2026.
How has Valley National Bank's lease liabilities changed year-over-year?
Valley National Bank's lease liabilities decreased by 7.7% year-over-year, from $394.33M to $363.99M.
What is the long-term trend for Valley National Bank's lease liabilities?
Over 5 years (2020 to 2025), Valley National Bank's lease liabilities has grown at a 6.1% compound annual growth rate (CAGR), from $276.68M to $372.45M.
What does lease liabilities mean?
This represents the present value of future lease payments for operating and finance leases, reflecting the bank's contractual obligations for leased assets like office space or equipment. It is a standard accounting requirement that brings off-balance-sheet lease commitments onto the balance sheet.