Valley National Bank VLY Commercial Banking — Net occupancy expense
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Where this comes from
Reported directly by Valley National Bank in its filing.
Tagged under the XBRL concept us-gaap:OccupancyNet.
The official record: Valley National Bank’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Valley National Bank's commercial banking — net occupancy expense?
- Valley National Bank (VLY) reported commercial banking — net occupancy expense of $17.71M in Q1 2026.
- How has Valley National Bank's commercial banking — net occupancy expense changed year-over-year?
- Valley National Bank's commercial banking — net occupancy expense increased by 1.4% year-over-year, from $17.46M to $17.71M.
- What is the long-term trend for Valley National Bank's commercial banking — net occupancy expense?
- Over 3 years (2022 to 2025), Valley National Bank's commercial banking — net occupancy expense has grown at a 2.5% compound annual growth rate (CAGR), from $62.83M to $67.7M.
- What does commercial banking — net occupancy expense mean?
- The net cost of maintaining office space and facilities for the commercial banking team.
- How do you interpret commercial banking — net occupancy expense?
- An increase suggests higher real estate costs or expansion, while a decrease indicates footprint optimization or lower facility maintenance costs.
- How does commercial banking — net occupancy expense compare across companies?
- Standard operating expense metric; peers report this as Occupancy or Premises Expense.