Skip to content

Valley National Bank VLY Commercial Banking — Internal transfer expense (income)

Discontinued — last reported Q3 '24

Similar metrics at other companies

East-West Bancorp logo
EWBCCommercial Banking — Charge For Funds Used
$162.63M+46.0%
BOK Financial logo
BOKFCommercial Banking — Net interest income (expense) from internal sources
-$67.84M-27.6%
BOK Financial logo
BOKFCommercial — Net interest revenue (expense) from internal sources
-$37.33M-849%
BOK Financial logo
BOKFCommercial — Net interest income (expense) from internal sources
-$61.2M-38.5%
East-West Bancorp logo
EWBCConsumerand Business Banking — Charge For Funds Used
$77.45M+57.2%
East-West Bancorp logo
EWBCRetail Banking — Charge For Funds Used
$65.5M+72.5%

Other financials

Income statement

See full
Revenue$540.4M+13.0%
Net income$163.9M+54.6%
EPS (diluted)$0.28+55.6%

Balance sheet

See full
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

See full
Operating cash flow$209.6M+1,324%
CapEx$1.4M-54.1%
Free cash flow$208.2M+1,132%

Valuation

See full
Market cap$7.81B+36.9%
Enterprise value$6.71B+50.0%
P/E11.9×-2.7×
P/S3.7×+0.7×

Profitability

See full
Net margin31.4%+10.6pp
FCF margin26.5%

Returns & leverage

See full
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 vly:InternalExpenseTransferOnBusinessSegments.

The official record: Valley National Bank’s 10-Q, filed November 12, 2024, on SEC EDGAR. View the filing →

Ask your AI about Valley National Bank's commercial banking — internal transfer expense (income).

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI
Harbor at dusk
Claude

Questions, answered.

What is Valley National Bank's commercial banking — internal transfer expense (income)?
Valley National Bank (VLY) reported commercial banking — internal transfer expense (income) of $121.05M in Q3 2024.
How has Valley National Bank's commercial banking — internal transfer expense (income) changed year-over-year?
Valley National Bank's commercial banking — internal transfer expense (income) decreased by 0.7% year-over-year, from $121.88M to $121.05M.
What is the long-term trend for Valley National Bank's commercial banking — internal transfer expense (income)?
Over 2 years (2021 to 2023), Valley National Bank's commercial banking — internal transfer expense (income) has grown at a 26.5% compound annual growth rate (CAGR), from $286.31M to $457.98M.
What does commercial banking — internal transfer expense (income) mean?
The net internal charge or credit applied to the commercial banking segment for the cost of funds used in its lending operations.
How do you interpret commercial banking — internal transfer expense (income)?
An increase in internal transfer expense suggests higher internal funding costs charged to the segment, while an increase in income indicates a favorable internal credit for the liquidity generated by the segment's deposits.
How does commercial banking — internal transfer expense (income) compare across companies?
Most large banks utilize internal funds transfer pricing (FTP) frameworks to measure segment profitability, though disclosure levels vary significantly across the industry.