Valley National Bancorp
Income Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $771.8M | $721.4M | $634.1M | $552.4M | $576.4M | $610.8M | $587.1M | $554.1M |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | — | — | — | — | — | — | — | — |
| Operating Income | $426.8M | $382.2M | $283.6M | $309.1M | $347.3M | $391.7M | $394.2M | $399.0M |
| Operating Margin | 55.3% | 53.0% | 44.7% | 56.0% | 60.3% | 64.1% | 67.1% | 72.0% |
| Interest Expense | $174.1M | $148.8M | $156.8M | $161.8M | $168.4M | $181.3M | $199.0M | $214.1M |
| Pretax Income | $252.7M | $233.4M | $126.9M | $147.2M | $178.9M | $210.4M | $195.2M | $184.9M |
| Income Tax Expense | $90.8M | $65.2M | $23.9M | $31.1M | $47.0M | $66.7M | $62.7M | $54.9M |
| Net Income | $161.9M | $168.1M | $103.0M | $116.2M | $132.0M | $143.6M | $132.5M | $130.0M |
| Net Margin | 21.0% | 23.3% | 16.2% | 21.0% | 22.9% | 23.5% | 22.6% | 23.5% |
| EPS (Basic) | $0.58 | $0.63 | $0.42 | $0.56 | $0.66 | $0.73 | $0.74 | $0.73 |
| EPS (Diluted) | $0.58 | $0.63 | $0.42 | $0.56 | $0.66 | $0.73 | $0.74 | $0.73 |
| Shares Outstanding (Basic) | 264.0M | 254.8M | 234.4M | 205.7M | 199.3M | 197.4M | 178.4M | 177.6M |
| Shares Outstanding (Diluted) | 264.9M | 255.3M | 234.4M | 205.7M | 199.3M | 197.4M | 178.4M | 177.6M |
| Dividends Per Share | $0.44 | $0.44 | $0.44 | $0.44 | $0.60 | $0.65 | $0.66 | $0.66 |