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Amortization - Deferred ChargesLeasesLong-Term Debt IssuancesMachine, Furnitures, Fixtures & OtherOther Gross PP&E AdjustmentsRent ExpenseRevenue (Gross)Shares Issued
Ratios

Valley National Bancorp (VLY) Rent Expense (2016 - 2025)

Valley National Bancorp's Rent Expense history spans 10 years, with the latest figure at $26.1 million for Q4 2025.

  • For Q4 2025, Rent Expense fell 1.95% year-over-year to $26.1 million; the TTM value through Dec 2025 reached $102.3 million, changed 0.17%, while the annual FY2025 figure was $102.3 million, 0.17% changed from the prior year.
  • Rent Expense reached $26.1 million in Q4 2025 per VLY's latest filing, up from $24.9 million in the prior quarter.
  • In the past five years, Rent Expense ranged from a high of $32.3 million in Q1 2021 to a low of $18.6 million in Q2 2021.
  • Average Rent Expense over 5 years is $24.6 million, with a median of $24.8 million recorded in 2023.
  • The largest YoY upside for Rent Expense was 232.48% in 2021 against a maximum downside of 44.16% in 2021.
  • A 5-year view of Rent Expense shows it stood at $20.2 million in 2021, then increased by 16.16% to $23.4 million in 2022, then grew by 17.67% to $27.6 million in 2023, then fell by 3.68% to $26.6 million in 2024, then fell by 1.95% to $26.1 million in 2025.
  • Per Business Quant, the three most recent readings for VLY's Rent Expense are $26.1 million (Q4 2025), $24.9 million (Q3 2025), and $25.5 million (Q2 2025).