Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Valley National Bancorp's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $6,701 Mil. Valley National Bancorp's Total Assets for the quarter that ended in Dec. 2023 was $60,935 Mil.
Therefore, Valley National Bancorp's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.11.
The historical rank and industry rank for Valley National Bancorp's Equity-to-Asset or its related term are showing as below:
VLY'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.1 Med: 0.11 Max: 0.12
Current: 0.11
During the past 13 years, the highest Equity to Asset Ratio of Valley National Bancorp was 0.12. The lowest was 0.10. And the median was 0.11.
VLY's Equity-to-Asset is ranked better than 68.37% of 1467
companies
in the Banks industry
Industry Median: 0.09
vs VLY: 0.11
Valley National Bancorp Equity-to-Asset Historical Data
The historical data trend for Valley National Bancorp's Equity-to-Asset 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.
Competitive Comparison of Valley National Bancorp's Equity-to-Asset
For the Banks - Regional subindustry, Valley National Bancorp's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Valley National Bancorp's Equity-to-Asset Distribution in the Banks Industry
For the Banks industry and Financial Services sector, Valley National Bancorp's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Valley National Bancorp's Equity-to-Asset falls into.
Valley National Bancorp Equity-to-Asset Calculation
Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.
Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.
Valley National Bancorp's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as
* 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 (NAS:VLY) Equity-to-Asset Explanation
Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.
For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.
Valley National Bancorp Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of Valley National Bancorp's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Valley National Bancorp (Valley National Bancorp) Business Description
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.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
VLY has been successfully added to your 