KPIs & Operating Metrics(New)

Valley National Bancorp (VLY) Tax Rate: 2009-2024

Historic Tax Rate for Valley National Bancorp (VLY) over the last 16 years, with Dec 2024 value amounting to 13.28%.

  • Valley National Bancorp's Tax Rate fell 55.00% to 22.20% in Q3 2025 from the same period last year, while for Sep 2025 it was 15.20%, marking a year-over-year decrease of 813.00%. This contributed to the annual value of 13.28% for FY2024, which is 1323.00% down from last year.
  • Valley National Bancorp's Tax Rate amounted to 13.28% in FY2024, which was down 49.89% from 26.51% recorded in FY2023.
  • In the past 5 years, Valley National Bancorp's Tax Rate ranged from a high of 27.13% in FY2022 and a low of 13.28% during FY2024.
  • Its 3-year average for Tax Rate is 22.31%, with a median of 26.51% in 2023.
  • Its Tax Rate has fluctuated over the past 5 years, first spiked by 108bps in 2022, then crashed by 1,323bps in 2024.
  • Over the past 5 years, Valley National Bancorp's Tax Rate (Yearly) stood at 26.31% in 2020, then fell by 26bps to 26.05% in 2021, then skyrocketed by 108bps to 27.13% in 2022, then tumbled by 62bps to 26.51% in 2023, then slumped by 1,323bps to 13.28% in 2024.