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 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 professional fees?
- Valley National Bank (VLY) reported professional fees of $25.14M in Q1 2026.
- How has Valley National Bank's professional fees changed year-over-year?
- Valley National Bank's professional fees increased by 60.4% year-over-year, from $15.67M to $25.14M.
- 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?
- The cost of hiring external legal, accounting, and consulting services.
- How do you interpret professional fees?
- Unexpected increases often signal litigation, regulatory scrutiny, or major strategic restructuring projects.
- How does professional fees compare across companies?
- Varies based on the complexity of the bank's legal environment and strategic activity.