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GuruFocus has detected 5 Warning Signs with Valley National Bancorp $VLY.
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Valley National Bancorp (NYSE:VLY)
Pre-Tax Income
$247.0 Mil (TTM As of Mar. 2017)

Pretax income is the income that a company earns before paying income taxes. Valley National Bancorp's pretax income for the three months ended in Mar. 2017 was $64.2 Mil. Its pretax income for the trailing twelve months (TTM) ended in Mar. 2017 was $247.0 Mil. Valley National Bancorp's pretax margin was 34.21%.

During the past 13 years, Valley National Bancorp's highest Pretax Margin was 43.54%. The lowest was 20.01%. And the median was 32.24%.


Definition

This is the income that a company earns before paying income taxes.

Valley National Bancorp's Pretax Income for the fiscal year that ended in Dec. 2016 is calculated as

Pretax Income=Operating Income+Other
=233.38+0
=233.4

Valley National Bancorp's Pretax Income for the quarter that ended in Mar. 2017 is calculated as

Pretax Income=Operating Income+Other
=64.166+0
=64.2

Valley National Bancorp Pre-Tax Income for the trailing twelve months (TTM) ended in Mar. 2017 was 54.487 (Jun. 2016 ) + 59.891 (Sep. 2016 ) + 68.426 (Dec. 2016 ) + 64.166 (Mar. 2017 ) = $247.0 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Explanation

Valley National Bancorp's Pretax Margin for the quarter that ended in Mar. 2017 is calculated as

Pretax Margin=Pretax Income/Revenue
=64.166/187.588
=34.21%

During the past 13 years, Valley National Bancorp's highest Pretax Margin was 43.54%. The lowest was 20.01%. And the median was 32.24%.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Related Terms

Operating Income, Interest Expense, Interest Income, Non-Recurring Items, Revenue


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Valley National Bancorp Annual Data

Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15Dec16
Pretax Income 204.9110.5167.5184.9195.2210.4178.9147.2126.9233.4

Valley National Bancorp Quarterly Data

Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16Mar17
Pretax Income 33.042.644.546.1-6.350.654.559.968.464.2
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