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Valley National Bank VLY Commercial Banking — Net Interest Income

Other segment segments

Consumer Banking
$61.7M+41.0%

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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:InterestIncomeExpenseNet.

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 — net interest income?
Valley National Bank (VLY) reported commercial banking — net interest income of $369.26M in Q2 2026.
How has Valley National Bank's commercial banking — net interest income changed year-over-year?
Valley National Bank's commercial banking — net interest income increased by 8.6% year-over-year, from $339.9M to $369.26M.
What is the long-term trend for Valley National Bank's commercial banking — net interest income?
Over 4 years (2021 to 2025), Valley National Bank's commercial banking — net interest income has grown at a 9.7% compound annual growth rate (CAGR), from $951.41M to $1.38B.
What does commercial banking — net interest income mean?
This is the difference between the interest income generated by commercial banking assets and the interest expense paid on the liabilities used to fund those assets. It represents the core profitability of the segment's lending and deposit-taking activities before accounting for credit losses.

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