Valley National Bancorp

Valley National Bancorp operates as the holding company for the Valley National Bank that provides commercial, retail, trust, and investment services. The company operates through Commercial Lending, Consumer Lending, and Investment Management segments. Its deposit products include non-interest bearing, savings, NOW, and money market deposits, as well as certificates of deposit. The company’s loan products comprise construction, residential mortgage, home equity, automobile, and floating rate and adjustable rate commercial and industrial loans, as well as fixed rate owner occupied and commercial real estate loans, credit card loans, personal lines of credit, personal loans, and loans secured by cash surrender value of life insurance. It also invests in securities, such as fixed rate investments, federal funds, and interest-bearing deposits with banks; and offers international banking services, such as standby letters of credit, documentary letters of credit and related products, and other ancillary services. In addition, the company provides asset management advisory, trust, and asset-based lending support services; property and casualty, life, health, and title insurance; and health care equipment and other commercial equipment leases, as well as general aviation aircraft loans and commercial equipment leases, and real estate related investments.
Company Growth (employees)
Type
Public
HQ
Wayne, US
Founded
1927
Size (employees)
2,828 (est)
Valley National Bancorp was founded in 1927 and is headquartered in Wayne, US

Valley National Bancorp Office Locations

Valley National Bancorp has an office in Wayne
Wayne, US (HQ)
1455 Valley Rd

Valley National Bancorp Data and Metrics

Valley National Bancorp Financial Metrics

Valley National Bancorp's revenue was reported to be $224.2 m in Q1, 2017
USD

Revenue (Q1, 2017)

224.2 m

Gross profit (Q1, 2017)

187.6 m

Gross profit margin (Q1, 2017), %

84%

Net income (Q1, 2017)

46.1 m

EBIT (Q1, 2017)

162.5 m

Market capitalization (18-Aug-2017)

2.9 b

Cash (31-Mar-2017)

225.4 m
Valley National Bancorp's current market capitalization is $2.9 b.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

616.1 m636.6 m707 m766.9 m

Revenue growth, %

3%11%8%

Cost of goods sold

156.8 m148.8 m

Gross profit

550.3 m618.1 m

Gross profit Margin, %

78%81%

Operating expense total

499.1 m476.1 m

EBIT

178.9 m147.2 m126.9 m618.1 m

EBIT margin, %

29%23%18%81%

Pre tax profit

126.9 m233.4 m

Income tax expense

23.9 m65.2 m

Net Income

132 m116.2 m103 m168.1 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Revenue

196 m195.6 m207 m213.3 m216.1 m224.2 m

Cost of goods sold

39.6 m40.7 m37.4 m37.6 m37.1 m36.6 m

Gross profit

156.4 m154.9 m169.6 m175.7 m179 m187.6 m

Gross profit Margin, %

80%79%82%82%83%84%

Sales and marketing expense

1.6 m732 k

Operating expense total

1.6 m732 k

EBIT

136.2 m134 m148.2 m151.5 m154.1 m162.5 m

EBIT margin, %

69%68%72%71%71%73%

Pre tax profit

44.5 m46.1 m50.6 m54.5 m59.9 m64.2 m

Income tax expense

12.5 m10.2 m14.4 m15.5 m17 m18.1 m

Net Income

29.5 m27.7 m30.3 m62.3 m98.3 m36.2 m75.2 m118.1 m46.1 m
USDFY, 2015FY, 2016

Cash

243.6 m220.8 m

Accounts Receivable

63.6 m66.8 m

Inventories

17.2 b

PP&E

298.9 m291.2 m

Goodwill

686.3 m690.6 m

Total Assets

21.6 b22.9 b

Accounts Payable

17.7 b

Total Debt

2.9 b2.5 b

Total Liabilities

20.5 b

Common Stock

92.4 m

Preferred Stock

111.6 m

Retained Earnings

125.2 m172.8 m

Total Equity

2.2 b2.4 b

Debt to Equity Ratio

1.3 x1.1 x

Debt to Assets Ratio

0.1 x0.1 x

Financial Leverage

9.8 x9.6 x
USDQ2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Cash

266.6 m220 m243.3 m220.2 m238.7 m225.4 m

Inventories

16.1 b16.5 b16.6 b17.4 b

PP&E

282 m291.1 m300.1 m301.9 m294.2 m289.4 m

Goodwill

577.5 m577.5 m689.6 m689.6 m689.6 m690.6 m

Total Assets

19.3 b19.6 b21.7 b21.8 b22.4 b23.2 b

Accounts Payable

14.3 b14.5 b16.4 b16.4 b17 b17.3 b

Common Stock

81.4 m88.7 m88.9 m89 m92.4 m

Preferred Stock

111.6 m111.6 m111.6 m111.6 m111.6 m

Retained Earnings

141.9 m150.3 m131.5 m140.6 m153.5 m188.1 m

Total Equity

2 b2 b2.2 b2.2 b2.3 b2.4 b

Financial Leverage

9.7 x9.8 x9.8 x9.8 x9.9 x9.7 x
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

132 m116.2 m103 m168.1 m

Depreciation and Amortization

21.1 m24.4 m

Accounts Receivable

54 m57.3 m(2.5 m)(3.3 m)

Cash From Operating Activities

(483.9 m)461.2 m154.9 m419.2 m

Cash From Investing Activities

(1.7 b)(1.5 b)

Short-term Borrowings

873.1 m4 m

Long-term Borrowings

(970 m)(769.2 m)

Cash From Financing Activities

1.1 b1.1 b
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

29.5 m27.7 m30.3 m62.3 m98.3 m36.2 m75.2 m118.1 m46.1 m

Depreciation and Amortization

10.2 m15.2 m6.4 m12.4 m18.6 m6.3 m

Accounts Receivable

53.7 m53.5 m56.6 m(945 k)(199 k)581 k(1.6 m)(261 k)(1.4 m)

Cash From Operating Activities

99.6 m146 m54.7 m99.1 m147.5 m65.9 m

Cash From Investing Activities

(894.2 m)(1.3 b)(56.7 m)(310.5 m)(786.9 m)(454.4 m)

Short-term Borrowings

(20.6 m)156.2 m93.6 m334.9 m356.4 m564 m

Long-term Borrowings

(100 m)(155 m)(269 m)(749 m)

Cash From Financing Activities

437.3 m656.6 m64.7 m110.8 m624.7 m332.7 m
USDY, 2017

Revenue/Employee

79.3 k

Financial Leverage

9.7 x

Valley National Bancorp Market Value History

Traffic Overview of Valley National Bancorp

Valley National Bancorp Company Life and Culture

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