Valley National Bancorp (VLY) Provisions (2009 - 2026)
Valley National Bancorp's (VLY) quarterly Provisions came in at $29.2 million in Q2 2026, down 25.46% on a YoY basis from $39.1 million in Q2 2025, and up 37.29% quarter-over-quarter from $21.2 million in Q1 2026.
Analysis
Valley National Bancorp (VLY) Provisions (2009 - 2026) Analysis & Trends
Valley National Bancorp (VLY) has reported Provisions for 18 consecutive years, with $29.2 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Provisions fell 25.46% year-over-year to $29.2 million; the trailing twelve-month figure through Jun 2026 stood at $90.5 million (down 68.1% YoY), and the FY2025 full-year result was $141.5 million, down 55.0% from the prior year.
- Provisions rose to $29.2 million in Q2 2026 per VLY's latest filing, from $21.2 million in the prior quarter.
- Across five years, Provisions topped out at $107.0 million in Q4 2024 and bottomed at $1.8 million in Q3 2022.
- Historically, Provisions has averaged $34.1 million across 5 years, with a median of $21.0 million in 2023.
- The sharpest annual moves came in 2023 and 2024: Provisions slumped 81.33% in 2023, then jumped 965.09% in 2024.
- Over 5 years, Provisions stood at $7.3 million in 2022, then soared by 183.93% to $20.7 million in 2023, then surged by 416.84% to $107.0 million in 2024, then tumbled by 81.26% to $20.0 million in 2025, then jumped by 45.5% to $29.2 million in 2026.
- According to Business Quant data, Provisions over the past three periods registered $29.2 million, $21.2 million, and $20.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Provisions (Qtr) |
|---|---|---|---|---|---|
| 1 | Banco Santander Chile | 448.38 Bn | 568.32 Bn | - | - |
| 2 | Truist Financial | 63.10 Bn | 63.10 Bn | - | 395.00 Mn |
| 3 | Fifth Third Bancorp | 49.74 Bn | 26.02 Bn | - | 131.00 Mn |
| 4 | M&T Bank | 34.66 Bn | 34.66 Bn | - | 120.00 Mn |
| 5 | Huntington Bancshares | 34.41 Bn | 29.92 Bn | - | 132.00 Mn |
| 6 | Citizens Financial | 29.91 Bn | 29.91 Bn | - | 146.00 Mn |
| 7 | Regions Financial | 25.92 Bn | 25.99 Bn | - | 68.00 Mn |
| 8 | Keycorp | 23.68 Bn | -24.02 Bn | - | 111.00 Mn |
| 9 | First Citizens Bancshares | 22.94 Bn | 22.41 Bn | 29.00 Mn | -10.00 Mn |
| 10 | Valley National Bancorp | 7.75 Bn | 7.41 Bn | - | 29.17 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 29.17 Mn |
| Mar 31, 2026 | 21.24 Mn |
| Dec 31, 2025 | 20.05 Mn |
| Sep 30, 2025 | 20.09 Mn |
| Jun 30, 2025 | 39.13 Mn |
| Mar 31, 2025 | 62.68 Mn |
| Dec 31, 2024 | 106.97 Mn |
| Sep 30, 2024 | 75.04 Mn |
| Jun 30, 2024 | 86.90 Mn |
| Mar 31, 2024 | 46.72 Mn |
| Dec 31, 2023 | 20.70 Mn |
| Sep 30, 2023 | 11.22 Mn |
| Jun 30, 2023 | 8.16 Mn |
| Mar 31, 2023 | 9.98 Mn |
| Dec 31, 2022 | 7.29 Mn |
| Sep 30, 2022 | 1.84 Mn |
| Jun 30, 2022 | 43.71 Mn |
| Mar 31, 2022 | 3.50 Mn |
| Dec 31, 2021 | 11.61 Mn |
| Sep 30, 2021 | 3.50 Mn |