Valley National Bancorp (VLY) financial statements
Valley National Bancorp reported revenue of $2.0B in fiscal 2025, up 12.2% a year over 9 years.
Net income was $598M.
Free cash flow was $326M, and the company returned $249M in dividends and $63M in net buybacks.
The diluted share count rose 121% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from Valley National Bancorp's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $721M | $772M | $991M | $1.1B | $1.3B | $1.4B | $1.9B | $1.9B | $1.9B | $2.0B |
| Interest expense | $149M | $174M | $302M | $423M | $265M | $124M | $321M | $1.5B | — | — |
| Pre-tax income | $233M | $253M | $330M | $457M | $530M | $641M | $781M | $678M | $439M | $744M |
| Income tax | $65M | $91M | $68M | $147M | $139M | $167M | $212M | $180M | $58M | $146M |
| Net income | $168M | $162M | $261M | $310M | $391M | $474M | $569M | $499M | $380M | $598M |
| EPS (diluted) | $0.63 | $0.58 | $0.75 | $0.87 | $0.93 | $1.12 | $1.14 | $0.95 | $0.69 | $1.01 |
| Diluted shares | 255M | 265M | 333M | 340M | 405M | 410M | 488M | 509M | 518M | 564M |
| Net margin | 23.3% | 21.0% | 26.4% | 27.8% | 30.0% | 34.7% | 30.5% | 26.4% | 20.5% | 29.5% |
Balance sheet
Fiscal years, from Valley National Bancorp's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $393M | $416M | $429M | $435M | $1.3B | $2.0B | $948M | $891M | $1.9B | $1.6B |
| Property, plant and equipment | $291M | $288M | $342M | $335M | $320M | $326M | $359M | $381M | $351M | $331M |
| Goodwill | $691M | $691M | $1.1B | $1.4B | $1.4B | $1.5B | $1.9B | $1.9B | $1.9B | $1.9B |
| Total assets | $22.9B | $24.0B | $31.9B | $37.4B | $40.7B | $43.4B | $57.5B | $60.9B | $62.5B | $64.1B |
| Total liabilities | $20.5B | $21.5B | $28.5B | $33.1B | $36.1B | $38.4B | $51.1B | $54.2B | $55.1B | $56.3B |
| Shareholders' equity | $2.4B | $2.5B | $3.4B | $4.4B | $4.6B | $5.1B | $6.4B | $6.7B | $7.4B | $7.8B |
| Net debt | -$393M | -$416M | -$429M | -$435M | -$1.3B | -$2.0B | -$948M | -$891M | -$1.9B | -$1.6B |
Cash flow
Fiscal years, from Valley National Bancorp's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $419M | $619M | $304M | $262M | $164M | $837M | $1.4B | $378M | $549M | $344M |
| Capital spending | $21M | $18M | $26M | $23M | $25M | $39M | $69M | $76M | $16M | $18M |
| Free cash flow | $398M | $601M | $278M | $239M | $139M | $798M | $1.4B | $302M | $532M | $326M |
| Stock-based compensation | $10M | $12M | $19M | $15M | $16M | $21M | $29M | $33M | $29M | $27M |
| Dividends paid | $112M | $116M | $139M | $147M | $178M | $180M | $206M | $225M | $228M | $249M |
| Share buybacks (net) | -$3M | -$3M | -$4M | -$2M | -$5M | -$24M | -$24M | -$2M | $0 | -$63M |
| Net borrowing | -$380M | $548M | -$30M | -$1.0B | $213M | -$1.4B | -$473M | $1.6B | -$8M | -$259M |
| Free cash flow margin | 55.2% | 77.9% | 28.0% | 21.4% | 10.7% | 58.4% | 73.0% | 16.0% | 28.7% | 16.1% |
| Dividends per share | $0.44 | $0.44 | $0.42 | $0.43 | $0.44 | $0.44 | $0.42 | $0.44 | $0.44 | $0.44 |
Questions
What was Valley National Bancorp's revenue in 2025?
$2.0B in fiscal 2025, from its 10-K filing.
How much free cash flow does Valley National Bancorp generate?
$326M in fiscal 2025 (operating cash flow minus capital spending).
From Valley National Bancorp's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.