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Valley National Bank VLY Commercial Banking — Net interest margin

Other segment segments

Consumer Banking
2.4%+33.1%

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QCRHCommercial Banking — Interest Income Expense Net
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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 vly:NetInterestMargin.

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
Technology, furniture and equipment expense6,88422,0554,30833,247
FDIC insurance assessment2,5819,11011,691
Professional and legal fees5,79119,6164,12629,533
Other segment items *22,27414,99321,77459,041
Total non-interest expense75,924184,99750,202311,123
Income (loss) before income taxes$31,734$189,962$(1,248)$220,448
Return on average interest earning assets (pre-tax)1.11%1.88%(0.05)%1.44%
Net interest margin2.61%3.66%1.89%3.19%

Item 1. Financial Statements (Unaudited)

FAQ

What is Valley National Bank's commercial banking — net interest margin?
Valley National Bank (VLY) reported commercial banking — net interest margin of 3.7% in Q2 2026.
How has Valley National Bank's commercial banking — net interest margin changed year-over-year?
Valley National Bank's commercial banking — net interest margin increased by 4.0% year-over-year, from 3.5% to 3.7%.
What is the long-term trend for Valley National Bank's commercial banking — net interest margin?
Over 3 years (2022 to 2025), Valley National Bank's commercial banking — net interest margin has grown at a 39.4% compound annual growth rate (CAGR), from 3.9% to 10.7%.
What does commercial banking — net interest margin mean?
The difference between the interest income generated by the commercial banking segment's assets and the interest expense paid on its liabilities, expressed as a percentage of average earning assets. This is the core measure of the segment's profitability from its lending and deposit-taking activities. It reflects the segment's ability to manage interest rate risk and pricing.

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