Valley National Bancorp

VLY · NASDAQ
Analyze with AI
12/31/2024
12/31/2023
12/31/2022
12/31/2021
Revenue$3,571,593$3,353,340$2,182,995$1,489,502
% Growth6.5%53.6%46.6%
Cost of Goods Sold$2,038,177$1,519,038$377,379$157,221
Gross Profit$1,533,416$1,834,302$1,805,616$1,332,281
% Margin42.9%54.7%82.7%89.4%
R&D Expenses$0$0$0$0
G&A Expenses$609,275$591,479$549,573$390,048
SG&A Expenses$609,275$591,479$549,573$390,048
Sales & Mktg Exp.$0$0$0$0
Other Operating Expenses$485,622$564,491$475,376$301,494
Operating Expenses$1,094,897$1,155,970$1,024,949$691,542
Operating Income$438,519$678,332$780,667$640,739
% Margin12.3%20.2%35.8%43%
Other Income/Exp. Net$0$0$0$0
Pre-Tax Income$438,519$678,332$780,667$640,739
Tax Expense$58,248$179,821$211,816$166,899
Net Income$380,271$498,511$568,851$473,840
% 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 Out515,755507,532485,435407,445
Weighted Avg Shares Out Dil517,992509,246487,818410,018
Supplemental Information
Interest Income$3,357,497$3,138,891$1,976,683$1,334,226
Interest Expense$1,728,789$1,473,413$321,043$124,325
Depreciation & Amortization$78,834$83,205$79,445$50,958
EBITDA$517,353$761,537$860,112$691,697
% Margin14.5%22.7%39.4%46.4%