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Valley National Bancorp (VLY) Rent Expense: 2009-2024

Historic Rent Expense for Valley National Bancorp (VLY) over the last 16 years, with Dec 2024 value amounting to $102.1 million.

  • Valley National Bancorp's Rent Expense fell 7.82% to $24.9 million in Q3 2025 from the same period last year, while for Sep 2025 it was $102.8 million, marking a year-over-year decrease of 0.32%. This contributed to the annual value of $102.1 million for FY2024, which is 0.64% up from last year.
  • Latest data reveals that Valley National Bancorp reported Rent Expense of $102.1 million as of FY2024, which was up 0.64% from $101.5 million recorded in FY2023.
  • In the past 5 years, Valley National Bancorp's Rent Expense ranged from a high of $102.1 million in FY2024 and a low of $79.4 million during FY2021.
  • Its 3-year average for Rent Expense is $99.3 million, with a median of $101.5 million in 2023.
  • In the last 5 years, Valley National Bancorp's Rent Expense plummeted by 31.01% in 2020 and then grew by 18.90% in 2022.
  • Yearly analysis of 5 years shows Valley National Bancorp's Rent Expense stood at $81.5 million in 2020, then decreased by 2.68% to $79.4 million in 2021, then climbed by 18.90% to $94.4 million in 2022, then climbed by 7.54% to $101.5 million in 2023, then climbed by 0.64% to $102.1 million in 2024.