Valley National BancorpVLY
NasdaqGS•Financial Services•Banks - Regional
Valley National Bancorp operates as the holding company for Valley National Bank that provides various commercial, private banking, retail, insurance, and wealth management financial services products. The company operates through Consumer Banking, Commercial Banking, and Treasury and Corporate other segments. It offers non-interest bearing, savings, NOW, money market, and time deposit accounts; commercial and industrial, commercial real estate, construction, residential mortgage, and automobile loans; loans secured by the cash surrender value of life insurance; home equity loans and lines of credit; automobile financing; and secured and unsecured other consumer loans. The company also invests in various securities and interest-bearing deposits with other banks; and provides international banking services. In addition, it offers investment services for individuals and small to medium sized businesses; and trusts investment strategies designed for various investment profiles and objectives. Further, the company provides trust services, such as living and testamentary trusts, investment management, custodial and escrow services, and estate administration to individuals; tax credit advisory services; brokerage services; property and casualty, life, health, and title insurance agency services; and health care equipment lending and other commercial equipment leasing services, as well as private banking and management services. Additionally, it offers niche financial services, including loan and deposit products for homeowners associations, cannabis-related business banking, and venture banking; online, mobile, and telephone banking services; credit cards; and automated teller machine services. Valley National Bancorp was founded in 1927 and is headquartered in Morristown, New Jersey.
Valley National Bancorp (VLY) reported trailing twelve months revenue of $3.52B as of March 2026, a 0.3% decline year-over-year. Quarterly revenue reached $871.56M, reflecting a contraction in sales.
Valley National Bancorp generated $655.84M in TTM net income, with quarterly EBITDA of $239.51M. The operating margin expanded from 23.9% to 26.4%, suggesting improving cost efficiency and pricing discipline.
The spread between operating margin (26.4%) and net margin (18.8%) indicates moderate non-operating costs. Net margin has improved from 12.6% a year ago, signaling stronger bottom-line efficiency.
VLY trades at a P/E of 11.8x (below the broader market average) and a P/S of 2.2x. The price-to-book ratio of 1.0x suggests the stock trades below its book value.
The company generated $208.24M in free cash flow over the trailing twelve months, a 1132.5% increase year-over-year, indicating cash generation ability. The balance sheet shows $64.47B in total assets with $57.89M in long-term debt against $7.83B in stockholders equity for a debt-to-equity ratio of 0.0, a conservative capital structure. Data based on the most recent quarterly reports.
Competitive analysis based on 21 quarters of fundamental data
Operating margins are expanding at ~23.9%, suggesting durable pricing power and cost discipline.
ROE is positive at ~6.2% on average, adequate but below the threshold typically associated with wide moats.
6 of the last 8 quarters generated positive FCF. The company generally funds itself but has occasional cash consumption quarters.
Revenue shows resilience with 4 of 7 quarters posting growth — demand is generally stable but has seen some soft patches.
Data-driven red flags and warnings across 21 quarters
Margins are stable or improving at ~25.9% — no sign of cost or pricing stress.
FCF/Net Income has dropped below 0.7x in 3 quarters — monitor for earnings quality deterioration.
D/E ratio is 0.0 — conservative capital structure with low financial risk.
Revenue has softened, declining in 3 quarters. Monitor for further erosion.
FCF turned negative in 2 of the last 8 quarters — occasional cash consumption.
Shares outstanding increased 9.2% — significant dilution, likely from stock compensation or capital raises.
Quarterly standardized metrics.
Stock price and market valuation
Revenue and earnings growth across quarters
Assets, cash, debt, and leverage
Price multiples and return ratios
Operating efficiency and return metrics
Free cash flow, earnings quality, and capital allocation