GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Valley National Bancorp (NAS:VLYPO.PFD) » Definitions » Interest Expense

VLYPO.PFD (Valley National Bancorp) Interest Expense : $-1,658.33 Mil (TTM As of Dec. 2024)


View and export this data going back to 2017. Start your Free Trial

What is Valley National Bancorp Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Valley National Bancorp's interest expense for the three months ended in Dec. 2024 was $ -411.85 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was $-1,658.33 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Valley National Bancorp's Operating Income for the three months ended in Dec. 2024 was $ Mil. Valley National Bancorp's Interest Expense for the three months ended in Dec. 2024 was $ Mil. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Valley National Bancorp Interest Expense Historical Data

The historical data trend for Valley National Bancorp's Interest Expense 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 Interest Expense Chart

Valley National Bancorp Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -264.82 -124.33 -321.04 -1,473.41 -1,728.79

Valley National Bancorp Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Interest Expense 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 -435.11 -431.78 -450.05 -411.85 -364.65

Valley National Bancorp Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1,658.33 Mil.

* 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 Business Description

Traded in Other Exchanges
Address
One Penn Plaza, New York, NY, USA, 10119
Valley National Bancorp is a bank holding company that offers a full suite of national and regional banking solutions through various commercial, private banking, retail, insurance, and wealth management financial services products. It provides personalized service and customized solutions to assist its customers with their financial service needs. The group also offers niche financial services, including loan and deposit products for homeowners associations, cannabis-related business banking, and venture banking, which offers nationally. It manages its business operations under operating segments consisting of Consumer Banking; Commercial Banking; and Treasury and Corporate Other. The group generates the majority of its revenue from the Commercial Banking Segment.