Valley National Bank VLY Consumer Banking — Internal transfer expense (income)
Discontinued — last reported Q3 '24
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Where this comes from
Reported directly by Valley National Bank in its filing.
Tagged under the XBRL concept vly:InternalExpenseTransferOnBusinessSegments.
The official record: Valley National Bank’s 10-Q, filed November 12, 2024, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Valley National Bank's consumer banking — internal transfer expense (income)?
- Valley National Bank (VLY) reported consumer banking — internal transfer expense (income) of $29.71M in Q3 2024.
- How has Valley National Bank's consumer banking — internal transfer expense (income) changed year-over-year?
- Valley National Bank's consumer banking — internal transfer expense (income) decreased by 1.3% year-over-year, from $30.1M to $29.71M.
- What is the long-term trend for Valley National Bank's consumer banking — internal transfer expense (income)?
- Over 2 years (2021 to 2023), Valley National Bank's consumer banking — internal transfer expense (income) has grown at a 12.5% compound annual growth rate (CAGR), from $81.42M to $102.99M.
- What does consumer banking — internal transfer expense (income) mean?
- The internal charge or credit applied to a business segment for the cost of capital and liquidity it utilizes.
- How do you interpret consumer banking — internal transfer expense (income)?
- An increase in internal transfer expense indicates higher funding costs or increased capital usage by the segment, while a decrease suggests lower funding costs or a shift in the internal pricing model.
- How does consumer banking — internal transfer expense (income) compare across companies?
- Most large banks use internal funds transfer pricing (FTP) frameworks to allocate interest rate risk and liquidity costs to business units, making this comparable to FTP charges at peer financial institutions.