Valley National Bancorp (VLY) Tax Rate (2009 - 2026)

Valley National Bancorp has reported Tax Rate for 18 years, with the latest figure at 21.64% in Q1 2026.

• For the quarter ending Q1 2026, Tax Rate fell 213.0% year-over-year to 21.64%; the trailing twelve-month figure through Mar 2026 stood at 19.42% (up 645.0% YoY), and the FY2025 full-year result was 19.61%, up 633.0% from the prior year.
• Tax Rate for Q1 2026 stood at 21.64%, up from 11.86% in the prior quarter.
• The five-year high for Tax Rate was 28.06% in Q1 2023, with the low at 29.92% in Q4 2024.
• Historically, Tax Rate has averaged 20.92% across 5 years, with a median of 24.54% in 2024.
• Annual changes were most pronounced in 2024 — Tax Rate plunged 4949 bps — and 2025, when it surged 4179 bps.
• Valley National Bancorp's Tax Rate stood at 27.55% in 2022, then slipped by 29 bps to 19.57% in 2023, then plunged by 253 bps to 29.92% in 2024, then jumped by 140 bps to 11.86% in 2025, then soared by 82 bps to 21.64% in 2026.
• The last three Tax Rate figures came in at 21.64% (Q1 2026), 11.86% (Q4 2025), and 22.2% (Q3 2025), per Business Quant data.