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Valley National Bank VLY Professional fees
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Where this comes from
Reported directly by Valley National Bank in its filing.
Tagged under the XBRL concept us-gaap:ProfessionalFees.
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 | Consumer Banking | Commercial Banking | Treasury and Corporate Other | Total |
|---|---|---|---|---|
| Net occupancy expense | 5,178 | 17,952 | 4,049 | 27,179 |
| Technology, furniture and equipment expense | 6,884 | 22,055 | 4,308 | 33,247 |
| FDIC insurance assessment | 2,581 | 9,110 | — | 11,691 |
| Professional and legal fees | 5,791 | 19,616 | 4,126 | 29,533 |
| Other segment items * | 22,274 | 14,993 | 21,774 | 59,041 |
| Total non-interest expense | 75,924 | 184,997 | 50,202 | 311,123 |
| Income (loss) before income taxes | $31,734 | $189,962 | $(1,248) | $220,448 |
| Return on average interest earning assets (pre-tax) | 1.11% | 1.88% | (0.05)% | 1.44% |
Item 1. Financial Statements (Unaudited)
FAQ
- What is Valley National Bank's professional fees?
- Valley National Bank (VLY) reported professional fees of $29.53M in Q2 2026.
- How has Valley National Bank's professional fees changed year-over-year?
- Valley National Bank's professional fees increased by 47.9% year-over-year, from $19.97M to $29.53M.
- What is the long-term trend for Valley National Bank's professional fees?
- Over 2 years (2023 to 2025), Valley National Bank's professional fees has grown at a 3.8% compound annual growth rate (CAGR), from $80.57M to $86.75M.
- What does professional fees mean?
- Fees paid to external professionals including lawyers, auditors, management consultants, tax advisors, and other specialized service providers.
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