Valley National Bancorp

VLY ·Financial, Banks - Diversified, United States
Financial Statements › Income Statement
Annual Quarterly

Income Statement

Line Item FY2009 FY2008
Revenue $521.6M $424.1M
Cost of Revenue — —
Gross Profit — —
Gross Margin — —
Operating Expenses
Research & Development — —
SG&A Expense — —
Operating Income $430.4M $419.4M
Operating Margin 82.5% 98.9%
Interest Expense $262.9M $308.9M
Pretax Income $167.5M $110.5M
Income Tax Expense $51.5M $16.9M
Net Income $116.1M $93.6M
Net Margin 22.3% 22.1%
EPS (Basic) $0.61 $0.64
EPS (Diluted) $0.61 $0.64
Shares Outstanding (Basic) 159.3M 143.8M
Shares Outstanding (Diluted) 159.3M 143.9M
Dividends Per Share $0.69 $0.72
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