Valley National Bancorp (Valley National Bancorp) Scaled Net Operating Assets : 0.15 (As of Dec. 2023)

View and export this data going back to 2015. Start your Free Trial

What is Valley National Bancorp Scaled Net Operating Assets?

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Valley National Bancorp's operating assets for the quarter that ended in Dec. 2023 was $60,015.08 Mil. Valley National Bancorp's operating liabilities for the quarter that ended in Dec. 2023 was $50,594.32 Mil. Valley National Bancorp's Total Assets for the quarter that ended in Sep. 2023 was $61,183.35 Mil. Therefore, Valley National Bancorp's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was 0.15.

Valley National Bancorp Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Valley National Bancorp's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2023 is calculated as

	Scaled Net Operating Assets (SNOA)		(A: Dec. 2023 )
=	(Operating Assets (A: Dec. 2023 )	-	Operating Liabilities (A: Dec. 2023 ))	/	Total Assets (A: Dec. 2022 )
=	(60043.749	-	50594.319)	/	57462.749
=	0.16

where

	Operating Assets		(A: Dec. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	60934.974	-	891.225
=	60043.749

	Operating Liabilities		(A: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	54233.583	-	2789.264	-	850
=	50594.319

Valley National Bancorp's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2023 is calculated as

	Scaled Net Operating Assets (SNOA)		(Q: Dec. 2023 )
=	(Operating Assets (Q: Dec. 2023 )	-	Operating Liabilities (Q: Dec. 2023 ))	/	Total Assets (Q: Sep. 2023 )
=	(60015.078	-	50594.319)	/	61183.352
=	0.15

where

	Operating Assets		(Q: Dec. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	60934.974	-	919.896
=	60015.078

	Operating Liabilities		(Q: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	54233.583	-	2789.264	-	850
=	50594.319

* 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.

Valley National Bancorp Scaled Net Operating Assets Related Terms

Thank you for viewing the detailed overview of Valley National Bancorp's Scaled Net Operating Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Valley National Bancorp (Valley National Bancorp) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Valley National Bancorp (NAS:VLYPP.PFD) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

VLYPO.PFD:USA VLY:USA VNB:Germany

Address

One Penn Plaza, New York, NY, USA, 10119

Website

https://www.valley.com

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.