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Valley National Bank VLY Consumer Banking — Goodwill

Other segment segments

Commercial Banking
$1.44B0.0%
Commercial Lending
$1.44B0.0%

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$30.14B0.0%
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$32.12B0.0%
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WFCConsumer Banking and Lending — Goodwill
$16.42B0.0%

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:Goodwill.

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
Reporting Unit * / Wealth ManagementReporting Unit * / Consumer BankingReporting Unit * / Commercial BankingTotal
(in thousands)
$78,142$$349,646$1,441,148$1,868,936

Item 1. Financial Statements (Unaudited)

FAQ

What is Valley National Bank's consumer banking — goodwill?
Valley National Bank (VLY) reported consumer banking — goodwill of $349.65M in Q2 2026.
How has Valley National Bank's consumer banking — goodwill changed year-over-year?
Valley National Bank's consumer banking — goodwill decreased by 0.0% year-over-year, from $349.65M to $349.65M.
What is the long-term trend for Valley National Bank's consumer banking — goodwill?
Over 3 years (2022 to 2025), Valley National Bank's consumer banking — goodwill has grown at a 4.4% compound annual growth rate (CAGR), from $1.23B to $1.4B.
What does consumer banking — goodwill mean?
Represents the intangible asset value recognized when the consumer banking segment is acquired for a price exceeding the fair market value of its identifiable net assets. This reflects the premium paid for brand reputation, customer relationships, and market synergy within the retail banking division.

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