Valley National Bancorp (VLY) Revenue & Revenue Breakdown
Valley National Bancorp Revenue Highlights
Latest Revenue (Y)
$3.36B
Latest Revenue (Q)
$884.68M
Main Segment (Y)
Investment Advisory, Management and Administrative Service
Valley National Bancorp Revenue by Period
Valley National Bancorp Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $3.36B | 80.34% |
| 2022-12-31 | $1.86B | 36.39% |
| 2021-12-31 | $1.37B | 4.91% |
| 2020-12-31 | $1.30B | 16.96% |
| 2019-12-31 | $1.11B | 12.24% |
| 2018-12-31 | $991.25M | 28.44% |
| 2017-12-31 | $771.75M | 6.98% |
| 2016-12-31 | $721.37M | 13.77% |
| 2015-12-31 | $634.07M | 14.79% |
| 2014-12-31 | $552.37M | -4.16% |
| 2013-12-31 | $576.37M | -5.64% |
| 2012-12-31 | $610.83M | 4.04% |
| 2011-12-31 | $587.11M | 5.96% |
| 2010-12-31 | $554.08M | 6.23% |
| 2009-12-31 | $521.57M | 22.99% |
| 2008-12-31 | $424.06M | -9.38% |
| 2007-12-31 | $467.96M | 1.88% |
| 2006-12-31 | $459.34M | -2.71% |
| 2005-12-31 | $472.13M | 3.39% |
| 2004-12-31 | $456.65M | -0.03% |
| 2003-12-31 | $456.77M | 3.59% |
| 2002-12-31 | $440.93M | 9.33% |
| 2001-12-31 | $403.31M | 30.53% |
| 2000-12-31 | $308.98M | 1.07% |
| 1999-12-31 | $305.70M | 12.10% |
| 1998-12-31 | $272.70M | 7.11% |
| 1997-12-31 | $254.60M | 24.13% |
| 1996-12-31 | $205.10M | 5.50% |
| 1995-12-31 | $194.40M | 13.29% |
| 1994-12-31 | $171.60M | 6.45% |
| 1993-12-31 | $161.20M | - |
Valley National Bancorp generated $3.36B in revenue during NA 2023, up 80.34% compared to the previous quarter, and up 338.74% compared to the same period a year ago.
Valley National Bancorp Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-06-30 | $884.68M | 0.07% |
| 2024-03-31 | $884.08M | 1.50% |
| 2023-12-31 | $871.00M | 87.83% |
| 2023-09-30 | $463.72M | -3.42% |
| 2023-06-30 | $480.12M | -1.07% |
| 2023-03-31 | $485.33M | -6.43% |
| 2022-12-31 | $518.66M | 1.70% |
| 2022-09-30 | $510.00M | 7.05% |
| 2022-06-30 | $476.41M | 2800.68% |
| 2022-03-31 | $16.42M | -95.35% |
| 2021-12-31 | $353.43M | 2.92% |
| 2021-09-30 | $343.42M | -0.19% |
| 2021-06-30 | $344.06M | 6.11% |
| 2021-03-31 | $324.26M | -3.35% |
| 2020-12-31 | $335.51M | 0.91% |
| 2020-09-30 | $332.47M | 1.56% |
| 2020-06-30 | $327.35M | 6.98% |
| 2020-03-31 | $305.98M | 10.61% |
| 2019-12-31 | $276.63M | 5.68% |
| 2019-09-30 | $261.77M | 5.62% |
| 2019-06-30 | $247.84M | -24.05% |
| 2019-03-31 | $326.32M | 27.10% |
| 2018-12-31 | $256.75M | 4.44% |
| 2018-09-30 | $245.84M | -1.20% |
| 2018-06-30 | $248.82M | 3.74% |
| 2018-03-31 | $239.85M | 20.18% |
| 2017-12-31 | $199.57M | 4.52% |
| 2017-09-30 | $190.94M | -1.40% |
| 2017-06-30 | $193.65M | 3.23% |
| 2017-03-31 | $187.59M | -4.80% |
| 2016-12-31 | $197.06M | 10.09% |
| 2016-09-30 | $179.00M | 1.87% |
| 2016-06-30 | $175.72M | 3.61% |
| 2016-03-31 | $169.60M | -1.44% |
| 2015-12-31 | $172.08M | 11.11% |
| 2015-09-30 | $154.88M | -0.96% |
| 2015-06-30 | $156.38M | 3.75% |
| 2015-03-31 | $150.73M | -5.95% |
| 2014-12-31 | $160.28M | 24.51% |
| 2014-09-30 | $128.72M | -0.85% |
| 2014-06-30 | $129.83M | -2.78% |
| 2014-03-31 | $133.55M | -15.58% |
| 2013-12-31 | $158.20M | 18.01% |
| 2013-09-30 | $134.06M | -6.11% |
| 2013-06-30 | $142.78M | 1.03% |
| 2013-03-31 | $141.33M | -3.93% |
| 2012-12-31 | $147.11M | -11.92% |
| 2012-09-30 | $167.01M | 13.89% |
| 2012-06-30 | $146.65M | -2.27% |
| 2012-03-31 | $150.05M | 14.32% |
| 2011-12-31 | $131.26M | -7.65% |
| 2011-09-30 | $142.14M | -6.00% |
| 2011-06-30 | $151.21M | -6.95% |
| 2011-03-31 | $162.50M | 12.58% |
| 2010-12-31 | $144.34M | 6.87% |
| 2010-09-30 | $135.06M | -4.58% |
| 2010-06-30 | $141.55M | 8.44% |
| 2010-03-31 | $130.53M | -0.21% |
| 2009-12-31 | $130.80M | -1.57% |
| 2009-09-30 | $132.89M | 15.40% |
| 2009-06-30 | $115.16M | -19.31% |
| 2009-03-31 | $142.72M | 35.71% |
| 2008-12-31 | $105.17M | 26.51% |
| 2008-09-30 | $83.13M | -31.03% |
| 2008-06-30 | $120.53M | 2.50% |
| 2008-03-31 | $117.60M | 17.01% |
| 2007-12-31 | $100.50M | - |
Valley National Bancorp generated $884.68M in revenue during Q2 2024, up 0.07% compared to the previous quarter, and up 182.28% compared to the same period a year ago.
Valley National Bancorp Revenue Breakdown
Valley National Bancorp Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 23 | Dec 22 | Dec 21 | Dec 20 | Dec 19 |
|---|---|---|---|---|---|
| Deposit Account | $41.31M | $36.93M | $21.42M | $18.26M | $23.64M |
| Investment Advisory, Management and Administrative Service | $44.16M | $34.71M | $14.91M | $12.41M | $12.65M |
Valley National Bancorp's latest annual revenue breakdown by segment (product or service), as of Dec 23: Investment Advisory, Management and Administrative Service (51.67%), and Deposit Account (48.33%).
Quarterly Revenue by Product
| Product/Service | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Non Interest Income | $55.00M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Investment Advisory, Management and Administrative Service | $17.93M | $11.98M | $11.42M | $11.18M | $9.59M | $10.72M | $9.28M | $9.58M | $5.13M | $4.50M | $3.55M | $3.53M | $3.33M | $3.11M | $3.07M | $2.83M | $3.41M | $3.35M | $3.30M | $3.10M |
| Deposit Account | $11.25M | $9.34M | $10.95M | $10.54M | $10.48M | $10.31M | $10.34M | $10.07M | $6.21M | $5.81M | $5.43M | $5.08M | $5.10M | $5.07M | $3.95M | $3.56M | $5.68M | $6.00M | $5.90M | $5.83M |
| Net Interest Income | $393.00M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Valley National Bancorp's latest quarterly revenue breakdown by segment (product or service), as of Mar 24: Net Interest Income (82.36%), Non Interest Income (11.53%), Investment Advisory, Management and Administrative Service (3.76%), and Deposit Account (2.36%).
VLY Revenue FAQ
What is Valley National Bancorp’s yearly revenue?
Valley National Bancorp's yearly revenue for 2023 was $3.36B, representing an increase of 80.34% compared to 2022. The company's yearly revenue for 2022 was $1.86B, representing an increase of 36.39% compared to 2021. VLY's yearly revenue for 2021 was $1.37B, representing an increase of 4.91% compared to 2020.
What is Valley National Bancorp’s quarterly revenue?
Valley National Bancorp's quarterly revenue for Q2 2024 was $884.68M, a 0.07% increase from the previous quarter (Q1 2024), and a 84.26% increase year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $884.08M, a 1.50% increase from the previous quarter (Q4 2023), and a 82.16% increase year-over-year (Q1 2023). VLY's quarterly revenue for Q4 2023 was $871M, a 87.83% increase from the previous quarter (Q3 2023), and a 67.93% increase year-over-year (Q4 2022).
What is Valley National Bancorp’s revenue growth rate?
Valley National Bancorp's revenue growth rate for the last 3 years (2021-2023) was 145.96%, and for the last 5 years (2019-2023) was 201.81%.
What are Valley National Bancorp’s revenue streams?
Valley National Bancorp's revenue streams in c 23 are Deposit Account, and Investment Advisory, Management and Administrative Service. Deposit Account generated $41.31M in revenue, accounting 48.33% of the company's total revenue, up 11.85% year-over-year. Investment Advisory, Management and Administrative Service generated $44.16M in revenue, accounting 51.67% of the company's total revenue, up 27.22% year-over-year.
What is Valley National Bancorp’s main source of revenue?
For the fiscal year ending Dec 23, the largest source of revenue of Valley National Bancorp was Investment Advisory, Management and Administrative Service. This segment made a revenue of $44.16M, representing 51.67% of the company's total revenue.