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Valley National Bank VLY Consumer Banking — Salary and employee benefits expense

Other segment segments

Commercial Banking
$96.06M+2.8%

Similar metrics at other companies

Webster Financial Corporation logo
WBSConsumer Banking — Compensation and benefits
$39.75M+6.6%
BOK Financial logo
BOKFConsumer Banking — Personnel
$25.47M-1.4%
Western Alliance Bancorporation logo
WALConsumer Related Segment — Salaries and employee benefits
$50.8M+17.9%
BOK Financial logo
BOKFConsumer — Personnel
$25.18M+1.5%
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RFConsumer Bank — Salaries and employee benefits
$203M+4.6%
Bank of America logo
BACConsumer Banking — Labor and Related Expense
$1.59B+1.1%

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:LaborAndRelatedExpense.

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 — salary and employee benefits expense?
Valley National Bank (VLY) reported consumer banking — salary and employee benefits expense of $32.71M in Q1 2026.
How has Valley National Bank's consumer banking — salary and employee benefits expense changed year-over-year?
Valley National Bank's consumer banking — salary and employee benefits expense increased by 2.3% year-over-year, from $31.97M to $32.71M.
What is the long-term trend for Valley National Bank's consumer banking — salary and employee benefits expense?
Over 3 years (2022 to 2025), Valley National Bank's consumer banking — salary and employee benefits expense has grown at a 8.3% compound annual growth rate (CAGR), from $104.41M to $132.71M.
What does consumer banking — salary and employee benefits expense mean?
Total payroll and benefit costs for staff in the consumer banking division.
How do you interpret consumer banking — salary and employee benefits expense?
An increase may signal headcount growth or rising labor costs, which should ideally be offset by higher revenue.
How does consumer banking — salary and employee benefits expense compare across companies?
Standard operating expense metric used to evaluate efficiency ratios.