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

Valley National Bancorp (VLY) reported Operating Expenses of $309.9 million for Q1 2026, up 12.04% on a YoY basis from $276.6 million in Q1 2025, and up 3.52% quarter-over-quarter from $299.4 million in Q4 2025.

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

Valley National Bancorp has reported Operating Expenses for 18 years, with the latest figure at $309.9 million in Q1 2026.

  • For the quarter ending Q1 2026, Operating Expenses rose 12.04% year-over-year to $309.9 million; the trailing twelve-month figure through Mar 2026 stood at $1.2 billion (up 6.65% YoY), and the FY2025 full-year result was $1.1 billion, up 3.28% from the prior year.
  • Operating Expenses for Q1 2026 stood at $309.9 million, up from $299.4 million in the prior quarter.
  • The five-year high for Operating Expenses was $340.4 million in Q4 2023, with the low at $197.3 million in Q1 2022.
  • Historically, Operating Expenses has averaged $279.2 million across 5 years, with a median of $278.6 million in 2024.
  • Annual changes were most pronounced in 2022 — Operating Expenses jumped 74.37% — and 2024, when it retreated 18.17%.
  • Valley National Bancorp's Operating Expenses stood at $266.2 million in 2022, then gained by 27.86% to $340.4 million in 2023, then dropped by 18.17% to $278.6 million in 2024, then increased by 7.47% to $299.4 million in 2025, then climbed by 3.52% to $309.9 million in 2026.
  • The last three Operating Expenses figures came in at $309.9 million (Q1 2026), $299.4 million (Q4 2025), and $282.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Bank Of Chile 97,765.53 Bn 97,765.53 Bn - -287,925.00
2 Bank Bradesco 6,846.93 Bn 6,830.99 Bn - -
3 Lloyds Banking 384.13 Bn 384.40 Bn - -3.86 Bn
4 First Capital 215.78 Bn 215.63 Bn - 7.75 Mn
5 Itau Unibanco Holding 202.78 Bn 202.78 Bn - -
6 Landmark Bancorp 180.37 Bn 180.34 Bn - 11.90 Mn
7 NatWest 168.65 Bn -51.67 Bn - -2.75 Bn
8 Shinhan Financial 136.54 Bn 104.11 Bn - -1.06 Bn
9 Mizuho Financial 112.02 Bn 112.56 Bn - 137.67 Mn
10 Valley National Bancorp 8.13 Bn 7.81 Bn - 309.93 Mn

Historic Data

Download Data
DateValue
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
Jun 30, 2021 171.89 Mn