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Valley National Bancorp (Valley National Bancorp) Retained Earnings : $1,471 Mil (As of Dec. 2023)


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What is Valley National Bancorp Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Valley National Bancorp's retained earnings for the quarter that ended in Dec. 2023 was $1,471 Mil.

Valley National Bancorp's quarterly retained earnings increased from Jun. 2023 ($1,380 Mil) to Sep. 2023 ($1,460 Mil) and increased from Sep. 2023 ($1,460 Mil) to Dec. 2023 ($1,471 Mil).

Valley National Bancorp's annual retained earnings increased from Dec. 2021 ($884 Mil) to Dec. 2022 ($1,218 Mil) and increased from Dec. 2022 ($1,218 Mil) to Dec. 2023 ($1,471 Mil).


Valley National Bancorp Retained Earnings Historical Data

The historical data trend for Valley National Bancorp's Retained Earnings can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Valley National Bancorp Retained Earnings Chart

Valley National Bancorp Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 443.56 611.16 883.65 1,218.45 1,471.37

Valley National Bancorp Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,218.45 1,300.98 1,379.53 1,460.28 1,471.37

Valley National Bancorp Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.


Valley National Bancorp  (NAS:VLY) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.


Valley National Bancorp (Valley National Bancorp) Business Description

Address
One Penn Plaza, New York, NY, USA, 10119
Valley National Bancorp is a bank holding company whose principal wholly-owned subsidiary is Valley National Bank. It provides a full range of commercial, retail, and trust and investment services largely through its offices and ATM network throughout northern and central New Jersey, New York City and Long Island, Florida, and Alabama. The segments of the group are commercial lending, consumer lending, investment management, and corporate and other adjustments, of which key interest income is derived from the commercial lending segment. In recent years, the company has focused on acquiring companies that operate outside of traditional banking and has emphasized wealth and capital management.
Executives
Joseph Chillura officer: SEVP, Chief Ret & Busn Bnkg Of 1455 VALLEY ROAD, WAYNE NJ 07470
Kathleen C Perrott director VALLEY NATIONAL BANCORP, 70 SPEEDWELL AVENUE, MORRISTOWN NJ 07960
Suresh L Sani director 1455 VALLEY ROAD, WAYNE NJ 07470
Avner Mendelson director VALLEY NATIONAL BANCORP, 1455 VALLEY ROAD, WAYNE NJ 07470
Peter J Baum director 1455 VALLEY ROAD, WAYNE NJ 07470
Marc J Lenner director 1455 VALLEY ROAD, WAYNE NJ 07470
Ira Robbins officer: EVP - Treasurer 1455 VALLEY ROAD, WAYNE NJ 07470
Eric P Edelstein director 17 BRENTWOOD DRIVE, N CALDWELL NJ 07006
Peter V Maio director VALLEY NATIONAL BANCORP, 1455 VALLEY ROAD, WAYNE NJ 07470
Melissa J Schultz director VALLEY NATIONAL BANCORP, 1455 VALLEY ROAD, WAYNE NJ 07470
Sidney S Williams director VALLEY NATIONAL BANCORP, 1455 VALLEY ROAD, WAYNE NJ 07470
Jeffrey S Wilks director C/O STATE BANCORP, INC., TWO JERICHO PLAZA, JERICHO NY 11753
Jennifer W Steans director 50 EAST WASHINGTON STREET SUITE 400, C/O FINANCIAL INVESTMENTS CORPORATION, CHICAGO IL 60602
Dafna Landau director VALLEY NATIONAL BANCORP, 1455 VALLEY ROAD, WAYNE NJ 07470
Andrew B Abramson director 1455 VALLEY ROAD, WAYNE NJ 07470