Skip to content

Valley National Bank VLY Operating Segments — Noninterest Expense

Discontinued — last reported Q4 '17

Similar metrics at other companies

Citizens Financial Group logo
CFGOperating Segments — Noninterest Expense
$858M+2.6%
Webster Financial Corporation logo
WBSOperating Segments — Noninterest Expense
$169.59M+5.0%
Western Alliance Bancorporation logo
WALOperating Segments — Noninterest Expense
$28.46M+9.0%
BOK Financial logo
BOKFOperating Segments — Noninterest Expense
$164.88M-5.9%
Ready Capital logo
RCOperating Segments — Noninterest Expense
$26.57M+16.4%
KeyCorp logo
KEYOperating Segments — Other Noninterest Expense
$688M0.0%

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

See full
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

See full
Operating cash flow$209.6M+1,324%
CapEx$1.4M-54.1%
Free cash flow$208.2M+1,132%

Valuation

See full
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:NoninterestExpense.

The official record: Valley National Bank’s 10-K, filed March 1, 2018, on SEC EDGAR. View the filing →

Questions, answered.

What does operating segments — noninterest expense mean?
The total non-interest operating costs incurred by a specific business segment.
How do you interpret operating segments — noninterest expense?
A decrease relative to income indicates improved efficiency, while an increase may signal rising operational costs or investments in growth.
How does operating segments — noninterest expense compare across companies?
Comparable to 'Non-Interest Expense' or 'Operating Expenses' at other banks.