Valley National Bancorp
Income Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | — | $2.03B | $1.85B | $1.89B | $1.86B | $1.36B | $1.30B | $1.11B |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | — | — | — | — | — | — | — | — |
| Operating Income | — | $743.9M | $438.5M | $2.15B | $1.10B | $765.1M | $794.9M | $879.7M |
| Operating Margin | — | 36.7% | 23.7% | 113.8% | 59.2% | 56.1% | 61.1% | 79.1% |
| Interest Expense | — | — | — | $1.47B | $321.0M | $124.3M | $264.8M | $423.0M |
| Pretax Income | — | $743.9M | $438.5M | $678.3M | $780.7M | $640.7M | $530.1M | $456.8M |
| Income Tax Expense | — | $145.9M | $58.2M | $179.8M | $211.8M | $166.9M | $139.5M | $147.0M |
| Net Income | — | $598.0M | $380.3M | $498.5M | $568.9M | $473.8M | $390.6M | $309.8M |
| Net Margin | — | 29.5% | 20.5% | 26.4% | 30.5% | 34.7% | 30.0% | 27.8% |
| EPS (Basic) | — | $1.02 | $0.70 | $0.95 | $1.14 | $1.13 | $0.94 | $0.88 |
| EPS (Diluted) | — | $1.01 | $0.69 | $0.95 | $1.14 | $1.12 | $0.93 | $0.87 |
| Shares Outstanding (Basic) | 555.4M | 559.6M | 515.8M | 507.5M | 485.4M | 407.4M | 403.8M | 337.8M |
| Shares Outstanding (Diluted) | 555.4M | 563.8M | 518.0M | 509.2M | 487.8M | 410.0M | 405.0M | 340.1M |
| Dividends Per Share | — | $0.44 | $0.44 | $0.44 | $0.44 | $0.44 | $0.44 | $0.44 |