Valley National Bancorp (VLY) Rent Expense (2009 - 2026)
Valley National Bancorp (VLY) reported Rent Expense of $27.18 million for Q2 2026, up 6.7% from $25.48 million a year earlier and unchanged from the prior quarter.
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Analysis
Valley National Bancorp (VLY) Rent Expense (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Valley National Bancorp's Rent Expense came in at $105.28 million, up 0.3% year-over-year; for FY2025, it was $102.29 million, up 0.2% from FY2024.
- Rent Expense has increased for four consecutive years, with a five-year compound annual growth rate of 4.6% (FY2020 to FY2025).
- By year, Rent Expense came in at $102.12 million in FY2024 (+0.6%), $101.47 million in FY2023 (+7.5%), $94.35 million in FY2022 (+18.9%) and $79.36 million in FY2021 (-2.7%).
- Five-year quarterly Rent Expense spans a low of $19.94 million in Q3 2021 and a high of $27.59 million in Q4 2023.
- Year over year, Rent Expense gained in five of the last eight quarters, with growth averaging 2.4%.
- The high point for year-over-year Rent Expense in five years was Q3 2022 (growth of 32.8%); the low point was Q3 2021 (a decline of 35.9%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $27.18 million (Q1 2026), $26.06 million (Q4 2025) and $24.87 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Rental Exp. (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 895.36 Bn | 924.83 Bn | - | 1.48 Bn |
| 2 | Banco Santander Chile | 425.01 Bn | 544.95 Bn | - | - |
| 3 | Bank Of America | 389.22 Bn | -1,986.85 Bn | - | 1.91 Bn |
| 4 | Hsbc Holdings | 347.56 Bn | 347.61 Bn | - | - |
| 5 | Morgan Stanley | 304.44 Bn | -204.66 Bn | - | 482.00 Mn |
| 6 | Royal Bank Of Canada | 281.54 Bn | 132.29 Bn | - | 316.29 Mn |
| 7 | Mitsubishi Ufj Financial | 277.23 Bn | -1,311.26 Bn | 10.89 Bn | - |
| 8 | Goldman Sachs | 267.12 Bn | -3,289.99 Bn | - | 244.00 Mn |
| 9 | Wells Fargo & Company | 244.76 Bn | 246.90 Bn | - | 803.00 Mn |
| 10 | Valley National Bancorp | 7.06 Bn | 6.73 Bn | - | 27.18 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 27.18 Mn |
| Mar 31, 2026 | 27.18 Mn |
| Dec 31, 2025 | 26.06 Mn |
| Sep 30, 2025 | 24.87 Mn |
| Jun 30, 2025 | 25.48 Mn |
| Mar 31, 2025 | 25.89 Mn |
| Dec 31, 2024 | 26.58 Mn |
| Sep 30, 2024 | 26.97 Mn |
| Jun 30, 2024 | 24.25 Mn |
| Mar 31, 2024 | 24.32 Mn |
| Dec 31, 2023 | 27.59 Mn |
| Sep 30, 2023 | 24.68 Mn |
| Jun 30, 2023 | 25.95 Mn |
| Mar 31, 2023 | 23.26 Mn |
| Dec 31, 2022 | 23.45 Mn |
| Sep 30, 2022 | 26.49 Mn |
| Jun 30, 2022 | 22.43 Mn |
| Mar 31, 2022 | 21.99 Mn |
| Dec 31, 2021 | 20.18 Mn |
| Sep 30, 2021 | 19.94 Mn |
API Access
Valley National Bancorp Rent Expense 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=rent-expense&ticker=VLY&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "rent-expense", "ticker": "VLY", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=rent-expense&ticker=VLY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();