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Valley National Bancorp (VLY) Revenue & Revenue Breakdown

OverviewForecastFinancialsChart

Valley National Bancorp Revenue Highlights

Latest Revenue (Y)

$1.82B

Latest Revenue (Q)

$463.85M

Main Segment (Y)

Non Interest Income

Valley National Bancorp Revenue by Period

Valley National Bancorp Revenue by Year

DateRevenueChange
2023-12-31$1.82B-2.09%
2022-12-31$1.86B36.39%
2021-12-31$1.37B4.91%
2020-12-31$1.30B16.96%
2019-12-31$1.11B12.24%
2018-12-31$991.25M28.44%
2017-12-31$771.75M6.98%
2016-12-31$721.37M13.77%
2015-12-31$634.07M14.79%
2014-12-31$552.37M-4.16%
2013-12-31$576.37M-5.64%
2012-12-31$610.83M4.04%
2011-12-31$587.11M5.96%
2010-12-31$554.08M6.23%
2009-12-31$521.57M-

Valley National Bancorp generated $1.82B in revenue during NA 2023, up -2.09% compared to the previous quarter, and up 183.91% compared to the same period a year ago.

Valley National Bancorp Revenue by Quarter

DateRevenueChange
2024-09-30$463.85M-47.36%
2024-06-30$881.18M-0.33%
2024-03-31$884.08M1.50%
2023-12-31$871.00M87.83%
2023-09-30$463.72M-3.42%
2023-06-30$480.12M-1.07%
2023-03-31$485.33M-6.43%
2022-12-31$518.66M1.70%
2022-09-30$510.00M7.05%
2022-06-30$476.41M2800.68%
2022-03-31$16.42M-95.35%
2021-12-31$353.43M2.92%
2021-09-30$343.42M-0.19%
2021-06-30$344.06M6.11%
2021-03-31$324.26M-3.35%
2020-12-31$335.51M0.91%
2020-09-30$332.47M1.56%
2020-06-30$327.35M6.98%
2020-03-31$305.98M10.61%
2019-12-31$276.63M5.68%
2019-09-30$261.77M5.62%
2019-06-30$247.84M-24.05%
2019-03-31$326.32M27.10%
2018-12-31$256.75M4.44%
2018-09-30$245.84M-1.20%
2018-06-30$248.82M3.74%
2018-03-31$239.85M20.18%
2017-12-31$199.57M4.52%
2017-09-30$190.94M-1.40%
2017-06-30$193.65M3.23%
2017-03-31$187.59M-4.80%
2016-12-31$197.06M10.09%
2016-09-30$179.00M1.87%
2016-06-30$175.72M3.61%
2016-03-31$169.60M-1.44%
2015-12-31$172.08M11.11%
2015-09-30$154.88M-0.96%
2015-06-30$156.38M3.75%
2015-03-31$150.73M-4.73%
2014-12-31$158.21M22.91%
2014-09-30$128.72M-0.85%
2014-06-30$129.83M-2.78%
2014-03-31$133.55M-15.58%
2013-12-31$158.20M18.01%
2013-09-30$134.06M-6.11%
2013-06-30$142.78M1.03%
2013-03-31$141.33M-7.23%
2012-12-31$152.35M-6.14%
2012-09-30$162.32M10.68%
2012-06-30$146.65M-2.27%
2012-03-31$150.05M13.60%
2011-12-31$132.09M-7.07%
2011-09-30$142.14M-6.00%
2011-06-30$151.21M-6.95%
2011-03-31$162.50M9.07%
2010-12-31$148.99M10.31%
2010-09-30$135.06M-4.58%
2010-06-30$141.55M6.33%
2010-03-31$133.12M-2.22%
2009-12-31$136.15M-

Valley National Bancorp generated $463.85M in revenue during Q3 2024, up -47.36% compared to the previous quarter, and up 96.61% 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/ServiceDec 23Dec 22Dec 21Dec 20Dec 19
Net Interest Income$1.67B$1.66B$1.21B$1.12B$898.00M
Non Interest Income$2.08B$194.00M$144.00M$169.00M$194.00M

Valley National Bancorp's latest annual revenue breakdown by segment (product or service), as of Dec 23: Non Interest Income (55.51%), and Net Interest Income (44.49%).

Quarterly Revenue by Product

Product/ServiceSep 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
Deposit Account$12.83M$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-----
Investment Advisory, Management and Administrative Service$15.13M$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-----
Net Interest Income-$393.00M$397.00M$412.00M$419.00M$436.00M--------------
Non Interest Income-$55.00M$48.00M$54.00M$55.00M$50.00M--------------

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

TickerCompanyLast Year RevenueLast Quarter Revenue
WBSWebster Financial$3.94B$1.06B
FNBF.N.B.$2.23B$672.46M
VLYValley National Bancorp$1.82B$463.85M
UBSIUnited Bankshares$1.50B$409.75M
FULTFulton Financial$1.50B$495.04M
TRMKTrustmark$892.30M$254.90M

VLY Revenue FAQ

What is Valley National Bancorp’s yearly revenue?

Valley National Bancorp's yearly revenue for 2023 was $1.82B, representing a decrease of -2.09% 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 $463.85M, a -47.36% decrease from the previous quarter (Q2 2024), and a 0.03% 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 33.54%, and for the last 5 years (2019-2023) was 63.86%.

What are Valley National Bancorp’s revenue streams?

Valley National Bancorp's revenue streams in c 23 are Net Interest Income, and Non Interest Income. Net Interest Income generated $1.66B in revenue, accounting 44.49% of the company's total revenue, up 0.60% year-over-year. Non Interest Income generated $2.08B in revenue, accounting 55.51% of the company's total revenue, up 970.62% 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 Non Interest Income. This segment made a revenue of $2.08B, representing 55.51% of the company's total revenue.