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VLY (Valley National Bancorp) Net Margin % : 21.10% (As of Sep. 2024)


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What is Valley National Bancorp Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Valley National Bancorp's Net Income for the three months ended in Sep. 2024 was $98 Mil. Valley National Bancorp's Revenue for the three months ended in Sep. 2024 was $464 Mil. Therefore, Valley National Bancorp's net margin for the quarter that ended in Sep. 2024 was 21.10%.

The historical rank and industry rank for Valley National Bancorp's Net Margin % or its related term are showing as below:

VLY' s Net Margin % Range Over the Past 10 Years
Min: 16.24   Med: 26.45   Max: 34.71
Current: 18.49


VLY's Net Margin % is ranked worse than
68.17% of 1533 companies
in the Banks industry
Industry Median: 24.47 vs VLY: 18.49

Valley National Bancorp Net Margin % Historical Data

The historical data trend for Valley National Bancorp's Net Margin % 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 Net Margin % Chart

Valley National Bancorp Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 27.84 30.02 34.71 30.55 26.52

Valley National Bancorp Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Net Margin % 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 30.44 15.90 21.33 15.55 21.10

Competitive Comparison of Valley National Bancorp's Net Margin %

For the Banks - Regional subindustry, Valley National Bancorp's Net Margin %, along with its competitors' market caps and Net Margin % 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 Net Margin % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Valley National Bancorp's Net Margin % distribution charts can be found below:

* The bar in red indicates where Valley National Bancorp's Net Margin % falls into.



Valley National Bancorp Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Valley National Bancorp's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=498.511/1879.927
=26.52 %

Valley National Bancorp's Net Margin for the quarter that ended in Sep. 2024 is calculated as

Net Margin=Net Income (Q: Sep. 2024 )/Revenue (Q: Sep. 2024 )
=97.856/463.849
=21.10 %

* 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) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Valley National Bancorp Net Margin % Related Terms

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


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 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
Sidney S Williams director VALLEY NATIONAL BANCORP, 1455 VALLEY ROAD, WAYNE NJ 07470
Andrew B Abramson director 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
Peter V Maio director VALLEY NATIONAL BANCORP, 1455 VALLEY ROAD, WAYNE NJ 07470
Eric P Edelstein director 17 BRENTWOOD DRIVE, N CALDWELL NJ 07006
Melissa J Schultz 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