Valley National Bank VLY Consumer Lending — Interest Expense
Discontinued — last reported Q1 '24
Other segment segments
Similar metrics at other companies
Other financials
Where this comes from
Reported directly by Valley National Bank in its filing.
Tagged under the XBRL concept us-gaap:InterestExpense.
The official record: Valley National Bank’s 10-Q, filed May 8, 2024, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Valley National Bank's consumer lending — interest expense?
- Valley National Bank (VLY) reported consumer lending — interest expense of $73.17M in Q1 2024.
- How has Valley National Bank's consumer lending — interest expense changed year-over-year?
- Valley National Bank's consumer lending — interest expense increased by 57.4% year-over-year, from $46.48M to $73.17M.
- What does consumer lending — interest expense mean?
- The cost of funds used to support the consumer lending business.
- How do you interpret consumer lending — interest expense?
- An increase may signal rising funding costs or a shift in the mix of liabilities used to support the segment.
- How does consumer lending — interest expense compare across companies?
- Standard metric for internal segment profitability analysis in banking.