10-K · February 27, 2026
Valley National Bancorp reports scale and improving profitability in 2025 while continuing to reduce concentrations in commercial real estate. Total assets were $64.1 billion with loans of $49.6 billion and deposits of…
Earnings analysis · 10-Q
VLY earnings analysis
Filed May 7, 2026 · Our reading of the company's report
The latest report
Valley National Bancorp reported strong Q1 2026 results, with net income of $163.9 million, or $0.28 EPS, exceeding prior estimates while revenue reached $540.4 million, exceeding expectations. The bank achieved…
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Valley National Bancorp reported strong Q1 2026 results, with net income of $163.9 million, or $0.28 EPS, exceeding prior estimates while revenue reached $540.4 million, exceeding expectations. The bank achieved significant loan growth and reduced provision for credit losses, reflecting improved credit quality and robust deposit inflows. Despite a slight increase in non-interest expenses, the outlook remains positive for net interest income growth throughout the year.
How we read each report
Our analysis across the last few reports.
Our model's reading of each filing, not the share price or the market's reaction. Annual and quarterly reports each occupy one position.
Reported figures
- Earnings per share
- $0.29
- Segment
- Consumer Banking
- Segment
- Commercial Banking
What stood out
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Revenue of $540.4M, Exceeds Estimates
Actual revenue of $540.4 million surpassed consensus estimates of $532.5 million, reflecting a positive growth trend.
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EPS Reaches $0.28, Matching Projections
Reported EPS of $0.28 matches analysts' projections, showing consistency in earnings performance.
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Net Interest Income Growth of $51.4M
Net interest income increased by $51.4 million year-over-year, driven by lower costs on deposit products.
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Decrease in Provision for Credit Losses
Provision for credit losses decreased by $41.4 million, improving from prior year levels and indicating better credit quality.
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Deposit Growth of $676.5M Recorded
Deposits increased to $52.9 billion, a $676.5 million rise from the end of 2025, driven by strong direct customer deposits.
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Return on Average Equity of 8.35%
Return on average equity improved to 8.35% compared to 5.69% in Q1 2025, reflecting enhanced profitability.
What to watch
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Higher Non-Interest Expenses
Non-interest expenses increased by $33.3 million year-over-year, primarily due to investments in HR and technology.
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Volatility in Economic Conditions
Uncertainty in economic conditions including inflation and interest rates could adversely affect banking performance.
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Credit Quality Concerns Persist
While NPAs slightly decreased, ongoing monitoring is crucial as economic challenges could affect loan performance.
Management's outlook
Management anticipates net interest income growth at the high end of 11 to 13 percent for the full year 2026.
Earlier filings 4
10-Q · November 7, 2025
Valley reported Q3 2025 diluted EPS of $0.28 and total revenue of $511,111,000, with pretax income rising to $209,955,000 from $126,674,000 a year ago. Net interest income increased to $446,224,000 and provision for…
10-K · February 28, 2025
Valley National presents a large, regionally focused commercial bank with $62.5 billion of consolidated assets, $50.1 billion of deposits and $48.2 billion of net loans at December 31, 2024. Management is actively…
10-Q · August 8, 2024
Valley National's 2024 Q2 results show a substantial decline in profitability, with a decrease in revenue and net income compared to both Q1 2024 and Q2 2023. Revenue for the quarter was $885 million, down from the…
This is our reading of a public filing, not the filing itself. Analysis can contain errors; check the source document for full context.