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Valley National Bank VLY Professional fees

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$93M+10.7%
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$15M0.0%

Segments

By segment

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Commercial Banking$18.55M+16.4%
Consumer Banking$3.34M+40.7%

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 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.