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Valley National Bank VLY Consumer Lending — Net Interest Income

Discontinued — last reported Q3 '24

Other segment segments

Commercial Banking
$356.26M+2.7%
Consumer Banking
$61.7M

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Other financials

Income statement

See full
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

See full
Net margin31.4%+10.6pp
FCF margin26.5%

Returns & leverage

See full
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:InterestIncomeExpenseNet.

The official record: Valley National Bank’s 10-Q, filed November 12, 2024, on SEC EDGAR. View the filing →

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Questions, answered.

What is Valley National Bank's consumer lending — net interest income?
Valley National Bank (VLY) reported consumer lending — net interest income of $47.05M in Q3 2024.
How has Valley National Bank's consumer lending — net interest income changed year-over-year?
Valley National Bank's consumer lending — net interest income increased by 16.5% year-over-year, from $40.4M to $47.05M.
What does consumer lending — net interest income mean?
The profit earned from consumer loans after accounting for the cost of the money lent.
How do you interpret consumer lending — net interest income?
Higher net interest income indicates effective pricing and efficient funding management within the consumer segment.
How does consumer lending — net interest income compare across companies?
A fundamental performance metric for all retail banking segments.