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| Date | Value |
|---|---|
| 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 |