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Valley National Bank VLY Commercial Banking — Technology, furniture and equipment expense

Other segment segments

Consumer Banking
$6.27M-4.9%

Similar metrics at other companies

Webster Financial Corporation logo
WBSCommercial Banking — Technology and equipment
$2.51M+19.1%
Regions Financial logo
RFCorporate Bank — Equipment and software expense
$5M0.0%
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RFConsumer Bank — Equipment and software expense
$24M-4.0%
Cullen/Frost Bankers logo
CFRNon-Banks — Technology, furniture, and equipment
$50K-5.7%
First Horizon logo
FHNCommercial, Consumer & Wealth — Equipment expense
$3M+50.0%
Webster Financial Corporation logo
WBSCommercial Banking — Occupancy and technology depreciation
$300K+200%

Other financials

Income statement

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

Balance sheet

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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

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

Valuation

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

Profitability

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

Returns & leverage

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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:TechnologyFurnitureAndEquipmentExpense.

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 — technology, furniture and equipment expense?
Valley National Bank (VLY) reported commercial banking — technology, furniture and equipment expense of $20.74M in Q1 2026.
How has Valley National Bank's commercial banking — technology, furniture and equipment expense changed year-over-year?
Valley National Bank's commercial banking — technology, furniture and equipment expense increased by 4.4% year-over-year, from $19.85M to $20.74M.
What is the long-term trend for Valley National Bank's commercial banking — technology, furniture and equipment expense?
Over 3 years (2022 to 2025), Valley National Bank's commercial banking — technology, furniture and equipment expense has grown at a -5.3% compound annual growth rate (CAGR), from $94.67M to $80.44M.
What does commercial banking — technology, furniture and equipment expense mean?
Costs for technology, software, and office equipment used by the commercial banking segment.
How do you interpret commercial banking — technology, furniture and equipment expense?
An increase often reflects strategic investment in digital transformation, while a decrease may indicate reduced capital spending or deferred maintenance.
How does commercial banking — technology, furniture and equipment expense compare across companies?
Standard operating expense metric; peers report this as Technology or Equipment Expense.