Valley National Bancorp 5.50% Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series B financials
$24.77+0.41%
Close Sep 28, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 | FY20 Dec 31 | FY19 Dec 31 | FY18 Dec 31 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $3.49B | $3.58B | $3.36B | $2.18B | $1.49B | $1.57B | $1.54B | $1.29B |
| Gross profit | $2.03B | $1.85B | $1.89B | $1.86B | $1.36B | $1.30B | $1.11B | $991.3M |
| Gross margin | 58.0% | 51.7% | 56.2% | 85.3% | 91.7% | 83.1% | 72.5% | 76.6% |
| Operating income | $743.9M | $438.5M | $678.3M | $780.7M | $640.7M | $530.1M | $456.8M | $329.7M |
| Net income | $569.0M | $358.9M | $482.4M | $555.7M | $461.2M | $377.9M | $297.1M | $248.7M |
| Net margin | 16.3% | 10.0% | 14.3% | 25.5% | 31.0% | 24.1% | 19.3% | 19.2% |
| Diluted EPS | $1.01 | $0.69 | $0.95 | $1.14 | $1.12 | $0.93 | $0.87 | $0.75 |
| EBITDA | $744.8M | $438.5M | $678.3M | $780.7M | $660.1M | $542.1M | $488.8M | $329.7M |
| Operating cash flow | $343.8M | $548.5M | $378.2M | $1.43B | $837.1M | $163.6M | $261.9M | $304.0M |
| Free cash flow | $328.0M | $535.6M | $320.5M | $1.37B | $806.6M | $158.1M | $176.3M | $285.3M |
| Diluted shares | 563.8M | 518.0M | 509.2M | 487.8M | 410.0M | 405.0M | 340.1M | 332.7M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $315.2M | $411.4M | $284.1M | $444.3M | $205.2M | $257.8M |
| Short-term investments | $9.05B | $8.45B | $5.71B | $5.65B | $5.72B | $4.61B |
| Total debt | $3.06B | $3.30B | $3.30B | $2.10B | $2.42B | $3.78B |
| Total assets | $64.13B | $62.49B | $60.93B | $57.46B | $43.45B | $40.69B |
| Total liabilities | $56.33B | $55.06B | $54.23B | $51.06B | $38.36B | $36.09B |
| Shareholders' equity | $7.81B | $7.44B | $6.70B | $6.40B | $5.08B | $4.59B |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology