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Valley National Bank VLY Consumer Banking — Provision for Credit Losses

Other segment segments

Commercial Banking
$16.01M-83.4%

Similar metrics at other companies

Bank of America logo
BACConsumer Banking — Provision for Credit Losses
$1.13B-12.4%
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CFGConsumer Banking — Provision expense (benefit) for loans and leases
$49M-16.9%
KeyCorp logo
KEYCommercial Bank — Provision for Credit Losses
$70M-6.7%
Webster Financial Corporation logo
WBSConsumer Banking — Provision for Credit Losses
$5.06M+197%
BOK Financial logo
BOKFConsumer Banking — Provision for Credit Losses
$1.51M-0.6%
Commerce Bancshares logo
CBSHConsumer Segment — Provision for loan losses
$9.53M+35.2%

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 vly:AllowanceForCreditLossExpenseReversalIncludingDebtSecuritiesHeldToMaturity.

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 — provision for credit losses?
Valley National Bank (VLY) reported consumer banking — provision for credit losses of $1.21M in Q1 2026.
How has Valley National Bank's consumer banking — provision for credit losses changed year-over-year?
Valley National Bank's consumer banking — provision for credit losses increased by 113.8% year-over-year, from -$8.73M to $1.21M.
What is the long-term trend for Valley National Bank's consumer banking — provision for credit losses?
Over 3 years (2021 to 2024), Valley National Bank's consumer banking — provision for credit losses has grown at a 53.4% compound annual growth rate (CAGR), from -$6.81M to $24.56M.
What does consumer banking — provision for credit losses mean?
The amount set aside to cover potential losses from bad loans.
How do you interpret consumer banking — provision for credit losses?
An increase suggests deteriorating credit quality or expectations of higher future defaults.
How does consumer banking — provision for credit losses compare across companies?
Highly dependent on economic cycles and peer-specific credit risk appetites.