Valley National Bank VLY Commercial Lending — Interest Expense
Discontinued — last reported Q1 '24
Other segment segments
Similar metrics at other companies
Other financials
Where this comes from
Reported directly by Valley National Bank in its filing.
Tagged under the XBRL concept us-gaap:InterestExpense.
The official record: Valley National Bank’s 10-Q, filed May 8, 2024, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Valley National Bank's commercial lending — interest expense?
- Valley National Bank (VLY) reported commercial lending — interest expense of $302.17M in Q1 2024.
- How has Valley National Bank's commercial lending — interest expense changed year-over-year?
- Valley National Bank's commercial lending — interest expense increased by 60.5% year-over-year, from $188.25M to $302.17M.
- What does commercial lending — interest expense mean?
- The cost of funding the loans and assets held by the commercial lending segment.
- How do you interpret commercial lending — interest expense?
- An increase may signal higher funding costs or a larger reliance on expensive wholesale funding to support segment growth.
- How does commercial lending — interest expense compare across companies?
- Standard internal transfer pricing metric used by banks to allocate funding costs to business units.