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Valley National Bank VLY Commercial Banking — Interest Expense

Other segment segments

Consumer Banking
$68.92M-7.8%

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Other financials

Income statement

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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$966.9M-18.5%
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$163.5M+2.8%
CapEx$3.3M+7.7%
Free cash flow$160.2M+2.7%

Valuation

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Market cap$8.17B+58.3%
Enterprise value$7.64B+84.6%
P/E11.8×+0.4×
P/S3.8×+1.1×

Profitability

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Net margin32.2%+8.6pp
FCF margin25.9%

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:InterestExpenseOperating.

The source filing: Valley National Bank’s 10-Q, filed August 6, 2026.

Filed
Aug 6, 2026, 4:15 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000714310-26-000041
Line itemConsumer BankingCommercial BankingTreasury and Corporate OtherTotal
Average interest earning assets$11,449,774$40,434,399$9,173,189$61,057,362
Interest income$138,739$595,979$94,657$829,375
Interest expense64,199226,71751,435342,351
Net interest income74,540369,26243,222487,024
Provision (credit) for credit losses1,29127,875(2)29,164
Net interest income after provision for credit losses73,249341,38743,224457,860
Non-interest income34,40933,5725,73073,711
Non-interest expense

Item 1. Financial Statements (Unaudited)

FAQ

What is Valley National Bank's commercial banking — interest expense?
Valley National Bank (VLY) reported commercial banking — interest expense of $226.72M in Q2 2026.
How has Valley National Bank's commercial banking — interest expense changed year-over-year?
Valley National Bank's commercial banking — interest expense decreased by 8.8% year-over-year, from $248.52M to $226.72M.
What is the long-term trend for Valley National Bank's commercial banking — interest expense?
Over 4 years (2021 to 2025), Valley National Bank's commercial banking — interest expense has grown at a 95.1% compound annual growth rate (CAGR), from $67.27M to $974.9M.
What does commercial banking — interest expense mean?
This represents the costs incurred by the commercial banking segment to fund its operations, primarily through interest paid on deposits and borrowed funds. It reflects the segment's cost of capital and its sensitivity to interest rate fluctuations.

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