Valley National Bancorp (VLY) Tax Provisions (2009 - 2026)
Valley National Bancorp's (VLY) quarterly Tax Provisions came in at $49.6 million in Q2 2026, up 24.14% on a YoY basis from $39.9 million in Q2 2025, and up 9.49% quarter-over-quarter from $45.3 million in Q1 2026.
Analysis
Valley National Bancorp (VLY) Tax Provisions (2009 - 2026) Analysis & Trends
Valley National Bancorp (VLY) has reported Tax Provisions for 18 consecutive years, with $49.6 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Tax Provisions rose 24.14% year-over-year to $49.6 million; the trailing twelve-month figure through Jun 2026 stood at $167.7 million (up 123.18% YoY), and the FY2025 full-year result was $145.9 million, up 150.46% from the prior year.
- Tax Provisions rose to $49.6 million in Q2 2026 per VLY's latest filing, from $45.3 million in the prior quarter.
- Across five years, Tax Provisions topped out at $68.4 million in Q3 2022 and bottomed at -$26.6 million in Q4 2024.
- Historically, Tax Provisions has averaged $38.4 million across 5 years, with a median of $39.6 million in 2022.
- The sharpest annual moves came in 2024 and 2025: Tax Provisions tumbled 253.06% in 2024, then surged 198.69% in 2025.
- Over 5 years, Tax Provisions stood at $67.5 million in 2022, then plunged by 74.22% to $17.4 million in 2023, then sank by 253.06% to -$26.6 million in 2024, then soared by 198.69% to $26.3 million in 2025, then soared by 88.45% to $49.6 million in 2026.
- According to Business Quant data, Tax Provisions over the past three periods registered $49.6 million, $45.3 million, and $26.3 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Banco Santander Chile | 950.85 Bn | 950.85 Bn | - | -51.13 Bn |
| 2 | Truist Financial | 61.46 Bn | 61.46 Bn | - | 262.00 Mn |
| 3 | Fifth Third Bancorp | 49.43 Bn | 25.71 Bn | - | 235.00 Mn |
| 4 | M&T Bank | 34.72 Bn | 34.72 Bn | - | 245.00 Mn |
| 5 | Huntington Bancshares | 33.60 Bn | 29.07 Bn | - | 165.00 Mn |
| 6 | Citizens Financial | 29.31 Bn | 29.31 Bn | - | 168.00 Mn |
| 7 | Regions Financial | 25.53 Bn | 25.53 Bn | - | 148.00 Mn |
| 8 | First Citizens Bancshares | 24.60 Bn | 24.07 Bn | 29.00 Mn | 219.00 Mn |
| 9 | Keycorp | 23.26 Bn | -24.44 Bn | - | 139.00 Mn |
| 10 | Valley National Bancorp | 7.61 Bn | 7.27 Bn | - | 49.56 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 49.56 Mn |
| Mar 31, 2026 | 45.27 Mn |
| Dec 31, 2025 | 26.30 Mn |
| Sep 30, 2025 | 46.60 Mn |
| Jun 30, 2025 | 39.92 Mn |
| Mar 31, 2025 | 33.06 Mn |
| Dec 31, 2024 | -26.65 Mn |
| Sep 30, 2024 | 28.82 Mn |
| Jun 30, 2024 | 22.91 Mn |
| Mar 31, 2024 | 33.17 Mn |
| Dec 31, 2023 | 17.41 Mn |
| Sep 30, 2023 | 53.49 Mn |
| Jun 30, 2023 | 51.76 Mn |
| Mar 31, 2023 | 57.17 Mn |
| Dec 31, 2022 | 67.55 Mn |
| Sep 30, 2022 | 68.41 Mn |
| Jun 30, 2022 | 36.55 Mn |
| Mar 31, 2022 | 39.31 Mn |
| Dec 31, 2021 | 42.27 Mn |
| Sep 30, 2021 | 42.42 Mn |