Valley National Bancorp (VLY) Revenue & Revenue Breakdown

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Valley National Bancorp Revenue Highlights

Latest Revenue (Y)

$3.36B

Latest Revenue (Q)

$921.16M

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
2024-09-30	$921.16M	4.54%
2024-06-30	$881.18M	-0.33%
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 $921.16M in revenue during Q3 2024, up 4.54% compared to the previous quarter, and up 191.86% 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	Sep 24	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
Investment Advisory, Management and Administrative Service	$15.13M	$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
Deposit Account	$12.83M	$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
Non Interest Income	-	$55.00M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Interest Income	-	$393.00M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

Valley National Bancorp's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Investment Advisory, Management and Administrative Service (54.11%), and Deposit Account (45.89%).

Valley National Bancorp Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
WBS	Webster Financial	$3.94B	$1.06B
VLY	Valley National Bancorp	$3.36B	$921.16M
FNB	F.N.B.	$2.23B	$672.46M
UBSI	United Bankshares	$1.50B	$409.75M
FULT	Fulton Financial	$1.50B	$495.04M
TRMK	Trustmark	$892.30M	$254.90M

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 Q3 2024 was $921.16M, a 4.54% increase from the previous quarter (Q2 2024), and a 98.65% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $881.18M, a -0.33% decrease from the previous quarter (Q1 2024), and a 83.53% increase year-over-year (Q2 2023). VLY'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).

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.