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Valley National Bank VLY Provision for Credit Losses

Discontinued — last reported Q2 '26

Provision for Credit Losses at other companies

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$2.52B-11.7%
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$120M+14.3%
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$5.2M+48.6%
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$2.74M-48.7%
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Peapack-Gladstone FinancialPGC
$7.33M+63.9%
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BCB BancorpBCBP
-$420K-282%

Other financials

Income statement

See full
Revenue$560.7M+13.3%
Net income$170.9M+28.3%
EPS (diluted)$0.29+31.8%

Balance sheet

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Cash & equivalents$388.7M-67.2%
Total debt$433.5M+167%
Total equity$7.9B+4.5%
Total assets$66.3B+5.8%

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$7.93B+48.7%
Enterprise value$7.98B+85.1%
P/E11.4×-0.3×
P/S3.7×+0.9×

Profitability

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Net margin32.2%+8.6pp
FCF margin26.5%

Returns & leverage

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Return on equity9%+2.6pp
Debt / equity0.1×0.0×

Where this comes from

Reported directly by Valley National Bank in its filing.

Tagged under the XBRL concept us-gaap:OffBalanceSheetCreditLossLiabilityCreditLossExpenseReversal.

The official record: Valley National Bank’s 8-K, filed July 23, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Valley National Bank's provision for credit losses?
Valley National Bank (VLY) reported provision for credit losses of $29.16M in Q2 2026.
How has Valley National Bank's provision for credit losses changed year-over-year?
Valley National Bank's provision for credit losses increased by 2286.2% year-over-year, from -$1.33M to $29.16M.
What does provision for credit losses mean?
Expense recognized to build or adjust allowances for expected credit losses on loans, receivables, and other financial assets, based on forward-looking CECL methodology.