Valley National Bancorp (VLY) Non Operating Interest Expenses (2009 - 2015)
Valley National Bancorp's (VLY) quarterly Non Operating Interest Expenses came in at $732000.0 in Q3 2015, down 56.01% YoY from $1.7 million in Q3 2014, and down 55.12% on a QoQ basis from $1.6 million in Q2 2015.
Valley National Bancorp (VLY) Non Operating Interest Expenses (2009 - 2015) Analysis & Trends
Valley National Bancorp (VLY) has 7 years of Non Operating Interest Expenses data on file, last reported at $732000.0 in Q3 2015.
- Quarterly Non Operating Interest Expenses fell 56.01% year-over-year to $732000.0 in Q3 2015, while the trailing twelve-month figure through Sep 2015 was $5.9 million (up 45.47% YoY) and the FY2014 annual result came in at $4.7 million, down 23.85% from the prior year.
- Non Operating Interest Expenses fell to $732000.0 in Q3 2015, from $1.6 million in the prior quarter.
- In the past five years, Non Operating Interest Expenses ranged from a high of $2.7 million in Q2 2011 to a low of $533000.0 in Q2 2014.
- A 5-year average of $1.6 million and a median of $1.7 million in 2012 frame the typical range for Non Operating Interest Expenses.
- Annual changes were most pronounced in 2014 — Non Operating Interest Expenses tumbled 71.19% — and 2015, when it surged 206.0%.
- Tracing VLY's Non Operating Interest Expenses over 5 years: stood at $2.0 million in 2011, then decreased by 7.59% to $1.9 million in 2012, then slumped by 31.28% to $1.3 million in 2013, then jumped by 45.6% to $1.9 million in 2014, then tumbled by 60.48% to $732000.0 in 2015.
- The last three Non Operating Interest Expenses figures came in at $732000.0 (Q3 2015), $1.6 million (Q2 2015), and $1.7 million (Q1 2015), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non Operating Interest Expenses (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 119.58 Bn | 83.39 Bn | - | - |
| 2 | Pnc Financial Services | 97.75 Bn | 97.75 Bn | - | - |
| 3 | Us Bancorp | 96.33 Bn | 96.33 Bn | - | - |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | - |
| 5 | NatWest | 73.86 Bn | -145.23 Bn | - | -4.19 Bn |
| 6 | Deutsche Bank Aktiengesellschaft | 71.72 Bn | -81.60 Bn | - | 7.93 Bn |
| 7 | Nu Holdings | 68.51 Bn | 54.82 Bn | 2.35 Bn | - |
| 8 | Truist Financial | 61.69 Bn | 61.69 Bn | - | 224.00 Mn |
| 9 | Fifth Third Bancorp | 49.73 Bn | 26.00 Bn | - | - |
| 10 | Valley National Bancorp | 7.83 Bn | 7.50 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2015 | 732,000.00 |
| Jun 30, 2015 | 1.63 Mn |
| Mar 31, 2015 | 1.73 Mn |
| Dec 31, 2014 | 1.85 Mn |
| Sep 30, 2014 | 1.66 Mn |
| Jun 30, 2014 | 533,000.00 |
| Mar 31, 2014 | 617,000.00 |
| Dec 31, 2013 | 1.27 Mn |
| Sep 30, 2013 | 1.20 Mn |
| Jun 30, 2013 | 1.85 Mn |
| Mar 31, 2013 | 1.80 Mn |
| Dec 31, 2012 | 1.85 Mn |
| Sep 30, 2012 | 1.72 Mn |
| Jun 30, 2012 | 1.84 Mn |
| Mar 31, 2012 | 1.69 Mn |
| Dec 31, 2011 | 2.00 Mn |
| Sep 30, 2011 | 2.19 Mn |
| Jun 30, 2011 | 2.70 Mn |
| Mar 31, 2011 | 1.48 Mn |
| Dec 31, 2010 | 1.20 Mn |