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| Date | Value |
|---|---|
| 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 |