What is Valley National Bancorp Gross-Profit-to-Asset %?
Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Valley National Bancorp's annualizedGross Profit for the quarter that ended in Dec. 2023 was $1,800 Mil.
Valley National Bancorp's average Total Assets over the quarter that ended in Dec. 2023 was $61,059 Mil. Therefore, Valley National Bancorp's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 2.95%.
Valley National Bancorp Gross-Profit-to-Asset % Historical Data
The historical data trend for Valley National Bancorp's Gross-Profit-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.
* Premium members only.
Valley National Bancorp Gross-Profit-to-Asset % Chart
Competitive Comparison of Valley National Bancorp's Gross-Profit-to-Asset %
For the Banks - Regional subindustry, Valley National Bancorp's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-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 Gross-Profit-to-Asset % Distribution in the Banks Industry
For the Banks industry and Financial Services sector, Valley National Bancorp's Gross-Profit-to-Asset % distribution charts can be found below:
* The bar in red indicates where Valley National Bancorp's Gross-Profit-to-Asset % falls into.
Valley National Bancorp Gross-Profit-to-Asset % Calculation
Valley National Bancorp's annualized Gross-Profit-to-Asset % 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.
In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data,
the Gross Profit data used here is four times the quarterly (Dec. 2023) data.
Gross-Profit-to-Asset % is displayed in the 30-year financial page.
Valley National Bancorp Gross-Profit-to-Asset % Related Terms
Thank you for viewing the detailed overview of Valley National Bancorp's Gross-Profit-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 