Valley National Bank VLY Business Segments
| FY'25 | FY'24 | FY'23 | FY'22 | ||
|---|---|---|---|---|---|
| Other segment items by Business | |||||
| Commercial Banking | $72.87M+34.9% | $54.01M-3.9% | $56.19M+29.1% | $43.53M— | |
| Consumer Banking | $54.17M-7.1% | $58.28M+19.8% | $48.65M+1.5% | $47.92M— | |
| Net Interest Income by Business | |||||
| Commercial Banking | $1.38B-0.6% | $1.39B-3.4% | $1.44B+9.5% | $1.31B+37.8% | |
| Consumer Banking | $253M+40.8% | $179.63M+9.1% | $164.7M-29.2% | $232.75M+6.0% | |
| Net Interest Income (After Provisions) by Business | |||||
| Commercial Banking | $1.24B+12.4% | $1.1B-21.1% | $1.4B+9.4% | $1.28B+39.9% | |
| Consumer Banking | $253.63M+63.6% | $155.07M-2.2% | $158.54M-25.2% | $211.87M-6.4% | |
| Non-interest income by Business | |||||
| Commercial Banking | $101.17M+30.2% | $77.69M-17.0% | $93.62M-8.7% | $102.53M+188% | |
| Consumer Banking | $139.32M+2.9% | $135.33M+28.5% | $105.28M+6.7% | $98.68M+36.9% | |
| Interest Income by Business | |||||
| Commercial Banking | $2.35B-9.4% | $2.6B+5.0% | $2.47B+61.2% | $1.53B+50.5% | |
| Consumer Banking | $523.52M+9.4% | $478.68M+15.2% | $415.59M+43.2% | $290.29M+21.6% | |
| Income Before Income Taxes by Business | |||||
| Commercial Banking | $627.29M+32.0% | $475.25M-39.7% | $787.81M+3.1% | $763.84M+38.3% | |
| Consumer Banking | $134.93M+182% | $47.78M+25.6% | $38.06M-60.1% | $95.34M-31.0% | |
| Net interest margin by Business | |||||
| Commercial Banking | 10.7%+0.3pp | 10.3%+6.7pp | 3.6%-0.3pp | 3.9%— | |
| Consumer Banking | 7%+1.7pp | 5.3%+3.6pp | 1.7%-1.0pp | 2.7%— | |
| Net occupancy expense by Business | |||||
| Commercial Banking | $67.7M-5.1% | $71.36M+2.3% | $69.78M+11.1% | $62.83M— | |
| Consumer Banking | $19.11M+6.1% | $18M-6.8% | $19.31M+1.9% | $18.95M— | |
| Non-interest expense by Business | |||||
| Commercial Banking | $711.5M+1.1% | $703.74M+0.3% | $701.58M+14.2% | $614.18M+466% | |
| Consumer Banking | $258.02M+6.3% | $242.62M+7.5% | $225.77M+4.9% | $215.2M+173% | |
| Salary and employee benefits expense by Business | |||||
| Commercial Banking | $391.38M+0.5% | $389.62M0.0% | $389.67M+13.0% | $344.69M— | |
| Consumer Banking | $132.71M+11.6% | $118.95M+6.4% | $111.75M+7.0% | $104.41M— | |
| Goodwill by Business | |||||
| Consumer Banking | $1.4B0.0% | $1.4B+10.2% | $1.27B+3.4% | $1.23B— | |
| Interest Expense by Business | |||||
| Commercial Banking | $974.9M-19.4% | $1.21B+16.8% | $1.04B+366% | $222.51M+231% | |
| Consumer Banking | $270.52M-9.5% | $299.05M+19.2% | $250.88M+336% | $57.54M+201% | |
| Technology, furniture and equipment expense by Business | |||||
| Commercial Banking | $80.44M-14.2% | $93.81M-5.0% | $98.72M+4.3% | $94.67M— | |
| Consumer Banking | $26.77M+4.2% | $25.68M+0.1% | $25.66M-4.2% | $26.8M— | |
| Professional and legal fees by Business | |||||
| Commercial Banking | $61.09M+16.0% | $52.67M-7.2% | $56.76M+12.8% | $50.31M— | |
| Consumer Banking | $14.71M+30.7% | $11.25M-13.5% | $13.02M+4.6% | $12.44M— | |
| Average interest earning assets by Business | |||||
| Commercial Banking | $115.54B— | —— | $39.73B+19.3% | $33.31B+30.4% | |
| Consumer Banking | $31.58B+6.6% | $29.62B+208% | $9.62B+11.7% | $8.62B+18.6% | |
| Provision for Credit Losses by Business | |||||
| Commercial Banking | $140.32M-50.7% | $284.83M+622% | $39.46M+11.3% | $35.46M-10.7% | |
| FDIC insurance assessment by Business | |||||
| Commercial Banking | $38M-10.1% | $42.27M+38.7% | $30.48M+68.0% | $18.14M— | |
| Consumer Banking | $10.55M+0.9% | $10.45M+41.6% | $7.38M+57.3% | $4.69M— | |
| Revenue from contracts with customer by Product | |||||
| Service charges on deposit accounts | $61.23M+26.8% | $48.28M+16.9% | $41.31M+11.8% | $36.93M+72.4% | |
| Wealth management and trust fees | $63.44M+1.3% | $62.62M+41.8% | $44.16M+27.2% | $34.71M+133% |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →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.
