Valley National Bancorp VLY
NASDAQ VLY
$12.65 -0.07 (-0.55%)
As of: Sep 30, 2026 · 12:08 PM EDT

Valley National Bancorp (VLY) Operating Expenses (2009 - 2026)

Updated

Valley National Bancorp (VLY) posted Operating Expenses of $311.12 million for Q2 2026, up 9.5% from $284.12 million a year earlier and up 0.4% from the prior quarter.

Analysis

Valley National Bancorp (VLY) Operating Expenses (2009 - 2026) Analysis & Trends

For the trailing twelve months through Jun 30, 2026, Operating Expenses at Valley National Bancorp was $1.2 billion, up 8.4% year-over-year; for FY2025, it came in at $1.14 billion, up 3.3% from FY2024.

  • Annual Operating Expenses shows a five-year compound annual growth rate of 12.1% (FY2020 to FY2025).
  • In prior years, Valley National Bancorp's Operating Expenses was $1.11 billion in FY2024 (-4.9%), $1.16 billion in FY2023 (+13.4%), $1.02 billion in FY2022 (+48.2%) and $691.54 million in FY2021 (+7.0%).
  • The Q2 2026 figure stands as the highest quarterly Operating Expenses since Q4 2023.
  • On a year-over-year basis, Operating Expenses has increased in each of the last five quarters, with growth averaging 2.2% over the last eight quarters.
  • The strongest year-over-year quarter for Operating Expenses in the past five years was Q2 2022, with growth of 74.4%; the weakest was Q4 2024, with a decline of 18.2%.
  • According to Business Quant data, Operating Expenses for the three prior quarters was $309.93 million (Q1 2026), $299.4 million (Q4 2025) and $281.99 million (Q3 2025).
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Jpmorgan Chase 895.36 Bn 924.83 Bn - 27.32 Bn
2 Banco Santander Chile 425.01 Bn 544.95 Bn - -3,218.32 Bn
3 Bank Of America 389.22 Bn -1,986.85 Bn - 18.63 Bn
4 Hsbc Holdings 347.56 Bn 347.61 Bn - -
5 Morgan Stanley 304.44 Bn -204.66 Bn - 13.90 Bn
6 Royal Bank Of Canada 281.54 Bn 132.29 Bn - 7.02 Bn
7 Mitsubishi Ufj Financial 277.23 Bn -1,311.26 Bn 10.89 Bn 17.50 Bn
8 Goldman Sachs 267.12 Bn -3,289.99 Bn - 11.67 Bn
9 Wells Fargo & Company 244.76 Bn 246.90 Bn - 13.66 Bn
10 Valley National Bancorp 7.06 Bn 6.73 Bn - 311.12 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 311.12 Mn
Mar 31, 2026 309.93 Mn
Dec 31, 2025 299.40 Mn
Sep 30, 2025 281.99 Mn
Jun 30, 2025 284.12 Mn
Mar 31, 2025 276.62 Mn
Dec 31, 2024 278.58 Mn
Sep 30, 2024 269.47 Mn
Jun 30, 2024 277.50 Mn
Mar 31, 2024 280.31 Mn
Dec 31, 2023 340.42 Mn
Sep 30, 2023 267.13 Mn
Jun 30, 2023 282.97 Mn
Mar 31, 2023 272.17 Mn
Dec 31, 2022 266.24 Mn
Sep 30, 2022 261.64 Mn
Jun 30, 2022 299.73 Mn
Mar 31, 2022 197.34 Mn
Dec 31, 2021 184.51 Mn
Sep 30, 2021 174.92 Mn
API Access

Valley National Bancorp Operating Expenses API

Pull this series into your own models, spreadsheets and apps with the Business Quant Historical Metrics API. The request below matches the chart above — change the frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.

https://data.businessquant.com/historic?slug=operating-expenses&ticker=VLY&period=max&api_key=YOUR_API_KEY