Valley National Bancorp (VLY) Financials
Key financial figures for Valley National Bancorp (Q3 2026).
Valley reported record quarterly net income of $206.3 million ($0.36 per diluted share) as the tax-equivalent net interest margin widened to 3.28% and the efficiency ratio fell to 49.38%. Net income was $206.3 million, or $0.36 per diluted common share, versus $170.9 million ($0.29) in Q2 2026 and $163.4 million ($0.28) in Q3 2025; adjusted net income was $206.4 million, or $0.36 per share. The CEO called it record quarterly net income for Valley. Net interest income on a tax-equivalent basis was $506.8 million, up $18.4 million from Q2 and $59.3 million from Q3 2025; the tax-equivalent net interest margin was 3.28%, up 8 basis points from Q2 and 23 basis points from a year earlier, on loan repricing, higher-yielding originations and one more day in the quarter. On the outlook: The release carried no formal guidance; the CEO said the company remains on track to achieve, and likely exceed, its previously stated goal of a 15 percent return on average tangible common equity by the end of 2027. Figures are for Q3 2026, as Valley National reported them.
- Revenue
- $936M
- Net Income
- $206M
- EPS
- $0.36
- Total Assets
- $67.5B
- Operating Cash Flow
- $382M
Recent quarters
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| Q3 FY2026 | $936M | $206M | $0.36 | $378M | |
| Q2 FY2026 | $903M | $171M | $0.29 | $160M | |
| Q1 FY2026 | $872M | $164M | $0.28 | $208M | |
| Q4 FY2025 | $892M | $195M | $0.33 | $188M | |
| Q3 FY2025 | $892M | $163M | $0.28 | -$758K |
Recent fiscal years
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| FY2025 | $3.5B | $598M | $1.01 | $344M | |
| FY2024 | $3.6B | $380M | $0.69 | $549M | |
| FY2023 | $3.4B | $499M | $0.95 | $378M |
Frequently asked questions
What was Valley National's revenue last quarter?
Valley National reported revenue of $935.9 million for Q3 FY2026, up 4.9% from the same period a year earlier.
Is Valley National profitable?
Yes. Valley National reported net income of $206.3 million for Q3 FY2026, a net margin of 22.04% on revenue.
How much free cash flow did Valley National generate?
Valley National generated free cash flow of $378.4 million in Q3 FY2026, after capital expenditure.
Full income statement, balance sheet and cash flow for Valley National Bancorp on SentiSense, with up to forty quarters and twenty fiscal years of history.