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Valley National Bank VLY Consumer 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 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
| Line item | Consumer Banking | Commercial Banking | Treasury and Corporate Other | Total |
|---|---|---|---|---|
| Non-interest income | 34,409 | 33,572 | 5,730 | 73,711 |
| Non-interest expense | ||||
| Salary and employee benefits expense | 33,216 | 101,271 | 15,945 | 150,432 |
| Net occupancy expense | 5,178 | 17,952 | 4,049 | 27,179 |
| Technology, furniture and equipment expense | 6,884 | 22,055 | 4,308 | 33,247 |
| FDIC insurance assessment | 2,581 | 9,110 | — | 11,691 |
| Professional and legal fees | 5,791 | 19,616 | 4,126 | 29,533 |
| Other segment items * | 22,274 | 14,993 | 21,774 | 59,041 |
Item 1. Financial Statements (Unaudited)
FAQ
- What is Valley National Bank's consumer banking — net occupancy expense?
- Valley National Bank (VLY) reported consumer banking — net occupancy expense of $5.18M in Q2 2026.
- How has Valley National Bank's consumer banking — net occupancy expense changed year-over-year?
- Valley National Bank's consumer banking — net occupancy expense increased by 8.5% year-over-year, from $4.77M to $5.18M.
- What is the long-term trend for Valley National Bank's consumer banking — net occupancy expense?
- Over 3 years (2022 to 2025), Valley National Bank's consumer banking — net occupancy expense has grown at a 0.3% compound annual growth rate (CAGR), from $18.95M to $19.11M.
- What does consumer banking — net occupancy expense mean?
- The costs associated with maintaining physical branch locations and office space for the consumer banking segment, including rent, utilities, and maintenance. This metric highlights the efficiency of the segment's physical footprint in serving its customer base.
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