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Valley National Bank VLY Consumer Banking — Technology, furniture and equipment expense

Other segment segments

Commercial Banking
$21.01M-13.2%

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$2.85M-6.6%
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WBSConsumer Banking — Occupancy and technology depreciation
$2.8M+12.0%
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FHNCommercial, Consumer & Wealth — Equipment expense
$3M+50.0%
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RFCorporate Bank — Equipment and software expense
$5M0.0%
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CFRBank — Technology, furniture, and equipment
$40.09M+4.0%

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:TechnologyFurnitureAndEquipmentExpense.

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 — technology, furniture and equipment expense?
Valley National Bank (VLY) reported consumer banking — technology, furniture and equipment expense of $6.79M in Q1 2026.
How has Valley National Bank's consumer banking — technology, furniture and equipment expense changed year-over-year?
Valley National Bank's consumer banking — technology, furniture and equipment expense increased by 8.9% year-over-year, from $6.24M to $6.79M.
What is the long-term trend for Valley National Bank's consumer banking — technology, furniture and equipment expense?
Over 3 years (2022 to 2025), Valley National Bank's consumer banking — technology, furniture and equipment expense has grown at a -0.0% compound annual growth rate (CAGR), from $26.8M to $26.77M.
What does consumer banking — technology, furniture and equipment expense mean?
The total cost of maintaining the technology and physical equipment used by the consumer banking division.
How do you interpret consumer banking — technology, furniture and equipment expense?
An increase may signal investment in digital transformation or branch upgrades, while a decrease could indicate cost-cutting or reduced capital intensity.
How does consumer banking — technology, furniture and equipment expense compare across companies?
Commonly reported as technology or equipment expense in peer bank segment disclosures.