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

Valley National Bancorp (VLY) posted Rent Expense of $27.2 million for Q1 2026, up 4.31% on a QoQ basis from $26.1 million in Q4 2025, and up 5.0% year-over-year from $25.9 million in Q1 2025.

Valley National Bancorp (VLY) Rent Expense (2009 - 2026) Analysis & Trends

Valley National Bancorp's Rent Expense history runs 18 years deep, the most recent figure standing at $27.2 million for Q1 2026.

  • Quarterly Rent Expense rose 5.0% year-over-year to $27.2 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $103.6 million (changed 0.1% YoY) and the FY2025 annual result came in at $102.3 million, changed 0.17% from the prior year.
  • Rent Expense was $27.2 million for Q1 2026 at Valley National Bancorp, up from $26.1 million in the prior quarter.
  • Across five years, Rent Expense topped out at $27.6 million in Q4 2023 and bottomed at $22.0 million in Q1 2022.
  • A 5-year average of $25.1 million and a median of $25.5 million in 2025 frame the typical range for Rent Expense.
  • Peak annual rise in Rent Expense reached 32.82% in 2022, while the deepest fall reached 31.83% in 2022.
  • Valley National Bancorp's Rent Expense stood at $23.4 million in 2022, then gained by 17.67% to $27.6 million in 2023, then fell by 3.68% to $26.6 million in 2024, then slipped by 1.95% to $26.1 million in 2025, then increased by 4.31% to $27.2 million in 2026.
  • Business Quant data shows VLY's Rent Expense at $27.2 million in Q1 2026, $26.1 million in Q4 2025, and $24.9 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Rental Exp. (Qtr)
1 KB Financial 43,124.21 Bn 43,125.44 Bn -775,612.08 -
2 Shinhan Financial 33,971.34 Bn 33,973.00 Bn - -
3 Bank Of Chile 4,105.33 Bn 4,105.33 Bn 167,623.00 -
4 NatWest 768.74 Bn 572.78 Bn 1.79 Bn -
5 Mizuho Financial 385.64 Bn 389.59 Bn - -
6 Lloyds Banking 358.14 Bn 358.14 Bn - -
7 First Capital 200.03 Bn 199.69 Bn - 634,000.00
8 Landmark Bancorp 187.97 Bn 187.94 Bn - 1.45 Mn
9 Pnc Financial Services 100.96 Bn 101.01 Bn - 262.00 Mn
10 Valley National Bancorp 8.10 Bn 7.78 Bn - 27.18 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 27.18 Mn
Mar 31, 2026 27.18 Mn
Dec 31, 2025 26.06 Mn
Dec 31, 2025 26.06 Mn
Sep 30, 2025 24.87 Mn
Sep 30, 2025 24.87 Mn
Jun 30, 2025 25.48 Mn
Jun 30, 2025 25.48 Mn
Mar 31, 2025 25.89 Mn
Mar 31, 2025 25.89 Mn
Dec 31, 2024 26.58 Mn
Dec 31, 2024 26.58 Mn
Sep 30, 2024 26.97 Mn
Sep 30, 2024 26.97 Mn
Jun 30, 2024 24.25 Mn
Jun 30, 2024 24.25 Mn
Mar 31, 2024 24.32 Mn
Mar 31, 2024 24.32 Mn
Dec 31, 2023 27.59 Mn
Dec 31, 2023 27.59 Mn