Valley National Bancorp

VLY · NASDAQ
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12/31/2024
12/31/2023
12/31/2022
12/31/2021
Revenue$3,572$3,353$2,183$1,490
% Growth6.5%53.6%46.6%
Cost of Goods Sold$2,038$1,519$377$157
Gross Profit$1,533$1,834$1,806$1,332
% Margin42.9%54.7%82.7%89.4%
R&D Expenses$0$0$0$0
G&A Expenses$609$591$550$390
SG&A Expenses$609$591$550$390
Sales & Mktg Exp.$0$0$0$0
Other Operating Expenses$486$564$475$301
Operating Expenses$1,095$1,156$1,025$692
Operating Income$439$678$781$641
% Margin12.3%20.2%35.8%43%
Other Income/Exp. Net$0$0$0$0
Pre-Tax Income$439$678$781$641
Tax Expense$58$180$212$167
Net Income$380$499$569$474
% Margin10.6%14.9%26.1%31.8%
EPS0.70.951.141.13
% Growth-26.3%-16.7%0.9%
EPS Diluted0.690.951.141.12
Weighted Avg Shares Out516508485407
Weighted Avg Shares Out Dil518509488410
Supplemental Information
Interest Income$3,357$3,139$1,977$1,334
Interest Expense$1,729$1,473$321$124
Depreciation & Amortization$79$83$79$51
EBITDA$517$762$860$692
% Margin14.5%22.7%39.4%46.4%
Valley National Bancorp (VLY) Financial Statements & Key Stats | AlphaPilot