VALLEY NATIONAL BANCORP

VLY · XNAS

CIK 714310fmd_049GCPES2361V3Y9MWAEBVCFZ4Finance, Insurance and Real Estate · National Commercial BanksTemplate: Financials

Coverage: Jan 01, 2008 to Sep 30, 2026, 71 periods

Income Statement · Annual · Millions · USD
Line item	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Total interest income	762	834	1,159	1,321	1,384	1,334	1,977	3,139	3,357	3,232
Total revenues	721	772	991	1,113	1,302	1,365	1,862	1,891	1,853	2,026
Net interest income	613	660	857	898	1,119	1,210	1,656	1,665	1,629	1,764
Trading and principal transactions revenue	–	–	–	–	–	–	–	–	–	–
Provision for credit losses	12	10	33	24	124	33	56	46	309	140
Realized investment gains (losses)	1	(0)	(2)	(0)	1	2	(1)	1	0	0
Net interest income after provision	601	650	825	874	993	1,177	1,599	1,615	1,320	1,624
Non-interest income	108	112	134	215	183	155	207	226	225	262
Compensation and benefits	243	263	334	327	333	376	527	564	559	580
Non-interest expense	476	509	629	632	646	692	1,025	1,163	1,106	1,142
Interest expense	149	174	302	423	265	124	321	1,473	1,729	1,469
Income before taxes	233	253	330	457	530	641	781	678	439	744
Income tax expense	65	91	68	147	139	167	212	180	58	146
Net income from continuing operations	168	162	261	310	391	474	569	499	380	598
Net income	168	162	261	310	391	474	569	499	380	598
Net income to common shareholders	161	152	249	297	378	461	556	482	359	569