Valley National Bancorp (VLY) Rent Expense (2009 - 2026)

Valley National Bancorp has reported Rent Expense for 18 years, with the latest figure at $27.2 million in Q1 2026.

• For the quarter ending Q1 2026, Rent Expense rose 5.0% year-over-year to $27.2 million; the trailing twelve-month figure through Mar 2026 stood at $103.6 million (changed 0.1% YoY), and the FY2025 full-year result was $102.3 million, changed 0.17% from the prior year.
• Rent Expense for Q1 2026 stood at $27.2 million, up from $26.1 million in the prior quarter.
• The five-year high for Rent Expense was $27.6 million in Q4 2023, with the low at $22.0 million in Q1 2022.
• Historically, Rent Expense has averaged $25.1 million across 5 years, with a median of $25.5 million in 2025.
• The largest YoY upside for Rent Expense was 32.82% in 2022 against a maximum downside of 31.83% in 2022.
• Valley National Bancorp's Rent Expense stood at $23.4 million in 2022, then increased by 17.67% to $27.6 million in 2023, then dropped by 3.68% to $26.6 million in 2024, then retreated by 1.95% to $26.1 million in 2025, then climbed by 4.31% to $27.2 million in 2026.
• The last three Rent Expense figures came in at $27.2 million (Q1 2026), $26.1 million (Q4 2025), and $24.9 million (Q3 2025), per Business Quant data.