Name | Value |
---|---|
Revenues | 518.7M |
Cost of Revenue | 0.0M |
Gross Profit | 518.7M |
Operating Expense | 50.0M |
Operating I/L | 425.9M |
Other Income/Expense | -180.7M |
Interest Income | 646.5M |
Pretax | 245.1M |
Income Tax Expense | 67.5M |
Net Income/Loss | 177.6M |
Valley National Bancorp, through its subsidiary Valley National Bank, offers a range of financial services including commercial and consumer lending, investment management, and insurance products. The company provides various deposit accounts, loans, investment securities, international banking services, and investment management for individuals and businesses. Additionally, it offers trust services, tax credit advisory, insurance agency services, and online/mobile banking. With 232 branch offices in New Jersey, New York, Florida, and Alabama, the company generates revenue through interest income from loans and securities, fees from banking and investment services, and insurance premiums.