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Valley National Bank VLY Business Segments

Q1 '26Q4 '25Q3 '25Q2 '25Q1 '25
Other segment items by Business
Commercial Banking$22.29M+44.4%$25.11M+44.9%$14.99M+26.7%$17.34M+48.9%$15.44M+17.0%
Consumer Banking$13.99M-2.1%$13.58M-29.0%$14.29M+4.8%$12.02M-7.1%$14.29M+13.5%
Net Interest Income by Business
Commercial Banking$355.54M+6.6%$356.26M+2.7%$348.3M+0.8%$339.9M-2.0%$333.49M-3.9%
Consumer Banking$73.08M+28.2%$70.55M+36.8%$63.73M+39.0%$61.7M+41.0%$57.02M+48.2%
Net Interest Income (After Provisions) by Business
Commercial Banking$335.5M+28.0%$340.24M+35.9%$332.48M+20.2%$302.82M+12.4%$262.08M-14.0%
Consumer Banking$71.87M+9.3%$66.52M+62.7%$60.38M+51.6%$60.98M+56.6%$65.75M+85.7%
Non-interest income by Business
Commercial Banking$31.22M+64.3%$34.5M+65.3%$22.67M+31.8%$25M+51.6%$19M-17.8%
Consumer Banking$31.19M-9.2%$34.9M+0.7%$37.88M+5.4%$32.19M+2.0%$34.35M+3.6%
Interest Income by Business
Commercial Banking$571.82M-1.4%$586.65M-6.3%$597.88M-9.4%$588.42M-9.8%$579.9M-11.8%
Consumer Banking$135.56M+10.7%$136.35M+10.7%$134.09M+8.8%$130.62M+10.2%$122.46M+7.6%
Income Before Income Taxes by Business
Commercial Banking$178.93M+71.7%$188.17M+106%$184.75M+46.1%$150.15M+38.7%$104.23M-30.2%
Consumer Banking$37.45M+0.4%$34.94M+298%$30.85M+99.9%$31.83M+165%$37.31M+222%
Net interest margin by Business
Commercial Banking3.7%+0.2pp0%0.0pp3.6%+0.2pp3.5%+0.1pp3.5%0.0pp
Consumer Banking2.6%+0.4pp0.1%0.0pp2.4%+0.5pp2.4%+0.6pp2.2%+0.7pp
Net occupancy expense by Business
Commercial Banking$17.71M+1.4%$17.05M-5.5%$16.24M-13.6%$16.96M-1.1%$17.46M+0.5%
Consumer Banking$5.19M+10.4%$4.96M+4.3%$4.67M-1.0%$4.77M+12.0%$4.71M+10.2%
Non-interest expense by Business
Commercial Banking$187.79M+6.2%$186.57M+3.6%$170.4M+1.8%$177.67M0.0%$176.85M-0.9%
Consumer Banking$65.61M+4.5%$66.47M-0.4%$67.4M+11.7%$61.35M+4.8%$62.8M+10.2%
Salary and employee benefits expense by Business
Commercial Banking$102.83M-0.2%$96.06M+2.8%$93.16M-1.8%$99.17M-0.3%$102.99M+1.1%
Consumer Banking$32.71M+2.3%$33.56M+12.9%$34.89M+13.3%$32.29M+8.5%$31.97M+11.6%
Goodwill by Business
Commercial Lending$1.44B0.0%$1.44B0.0%$1.44B0.0%$1.44B0.0%
Consumer Banking$349.65M0.0%$349.65M0.0%$349.65M0.0%$349.65M0.0%$349.65M0.0%
Interest Expense by Business
Commercial Banking$216.29M-12.2%$230.39M-17.6%$249.58M-20.5%$248.52M-18.7%$246.41M-20.7%
Consumer Banking$62.49M-4.5%$65.8M-8.1%$70.36M-9.1%$68.92M-7.8%$65.44M-13.1%
Technology, furniture and equipment expense by Business
Commercial Banking$20.74M+4.4%$21.01M-13.2%$19.11M-2.5%$20.47M-17.3%$19.85M-21.4%
Consumer Banking$6.79M+8.9%$7.13M+7.0%$7.14M+21.1%$6.27M-4.9%$6.24M-4.6%
Professional and legal fees by Business
Commercial Banking$16.1M+47.1%$18.55M+16.4%$17.41M+67.5%$14.19M-0.5%$10.94M-9.4%
Consumer Banking$4.58M+58.1%$4.73M+28.9%$3.74M+57.1%$3.34M+40.7%$2.9M+2.5%
Average interest earning assets by Business
Commercial Banking$39B+1.4%$48.06M$38.44B-4.4%$38.6B-3.9%$38.44B-5.0%
Consumer Banking$11.27B+10.3%$109.84M+65.4%$10.83B+9.2%$10.43B+6.0%$10.21B+4.2%
Provision for Credit Losses by Business
Commercial Banking$20.04M-71.9%$16.01M-83.4%$15.82M-77.1%$37.08M-52.0%$71.41M+69.2%
Consumer Banking$1.21M+114%$3.35M-44.2%$717K-85.1%-$8.73M-384%
FDIC insurance assessment by Business
Commercial Banking$8.13M-20.1%$8.8M-21.2%$9.49M-20.0%$9.54M-9.2%$10.17M+16.5%
Consumer Banking$2.35M-13.0%$2.52M-11.5%$2.68M-8.3%$2.65M+3.1%$2.7M+27.7%
Revenue from contracts with customer by Product
Service charges on deposit accounts$18.2M+43.0%$17.03M+31.1%$16.76M+30.7%$14.71M+31.2%$12.73M+13.1%
Wealth management and trust fees$16.01M+6.5%$18.22M+10.9%$16.13M+6.7%$14.06M+7.0%$15.03M-16.2%

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Questions, answered.

How does Valley National Bank break its business down?
Valley National Bank (VLY) reports other segment items by business across 2 parts — Commercial Banking and Consumer Banking. Each is extracted from the segment footnotes and tracked over time.
Where does Valley National Bank's segment data come from?
Segment breakdowns are pulled from the segment footnotes in Valley National Bank's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.