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Valley National Bank VLY Consumer Banking — Professional and legal fees

Other segment segments

Commercial Banking
$18.55M+16.4%

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$68.11M+3.2%

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 us-gaap:ProfessionalFees.

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 consumer banking — professional and legal fees?
Valley National Bank (VLY) reported consumer banking — professional and legal fees of $4.58M in Q1 2026.
How has Valley National Bank's consumer banking — professional and legal fees changed year-over-year?
Valley National Bank's consumer banking — professional and legal fees increased by 58.1% year-over-year, from $2.9M to $4.58M.
What is the long-term trend for Valley National Bank's consumer banking — professional and legal fees?
Over 3 years (2022 to 2025), Valley National Bank's consumer banking — professional and legal fees has grown at a 5.7% compound annual growth rate (CAGR), from $12.44M to $14.71M.
What does consumer banking — professional and legal fees mean?
External costs for legal and professional consulting services within the consumer banking segment.
How do you interpret consumer banking — professional and legal fees?
Rising costs may indicate increased regulatory scrutiny or complex litigation, while lower costs suggest stable operations.
How does consumer banking — professional and legal fees compare across companies?
Standard line item in bank segment reporting for administrative overhead.