Valley National Bancorp

DB:VNB Stock Report

Market Cap: €4.8b

Valley National Bancorp Past Earnings Performance

Past criteria checks 2/6

Valley National Bancorp has been growing earnings at an average annual rate of 8.6%, while the Banks industry saw earnings growing at 17.8% annually. Revenues have been growing at an average rate of 12.8% per year. Valley National Bancorp's return on equity is 4.8%, and it has net margins of 20.1%.

Key information

8.6%

Earnings growth rate

0.5%

EPS growth rate

Banks Industry Growth10.6%
Revenue growth rate12.8%
Return on equity4.8%
Net Margin20.1%
Last Earnings Update30 Sep 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How Valley National Bancorp makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

DB:VNB Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 241,5773188600
30 Jun 241,6553638680
31 Mar 241,7564328690
31 Dec 231,8234828690
30 Sep 231,9065898530
30 Jun 231,9546278560
31 Mar 231,9125858360
31 Dec 221,7935567890
30 Sep 221,6254947360
30 Jun 221,4574386650
31 Mar 221,3594626130
31 Dec 211,3214615810
30 Sep 211,2944515550
30 Jun 211,2564315300
31 Mar 211,2074065080
31 Dec 201,1633785220
30 Sep 201,1183114890
30 Jun 201,0682904800
31 Mar 201,0262714690
31 Dec 191,0682974710
30 Sep 191,0383364440
30 Jun 191,0263244530
31 Mar 191,0223204550
31 Dec 189352494860
30 Sep 188741984560
30 Jun 188191684380
31 Mar 187641474170
31 Dec 177201523910
30 Sep 177231783850
30 Jun 177091823650
31 Mar 176931713580
31 Dec 166751613580
30 Sep 166501163500
30 Jun 166331083480
31 Mar 166141033450
31 Dec 15599993390
30 Sep 155871213260
30 Jun 155631153120
31 Mar 155451133030
31 Dec 145261162920
30 Sep 145201312860
30 Jun 145231302880
31 Mar 145331342870
31 Dec 135461322890

Quality Earnings: VNB has high quality earnings.

Growing Profit Margin: VNB's current net profit margins (20.1%) are lower than last year (30.9%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: VNB's earnings have grown by 8.6% per year over the past 5 years.

Accelerating Growth: VNB's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: VNB had negative earnings growth (-46.1%) over the past year, making it difficult to compare to the Banks industry average (12.9%).

Return on Equity

High ROE: VNB's Return on Equity (4.8%) is considered low.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/20 14:35
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Valley National Bancorp is covered by 26 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jared ShawBarclays
Richard WeissBoenning & Scattergood, Inc.
Benjamin GerlingerCitigroup Inc