Name | Value |
---|---|
Revenues | 463.7M |
Cost of Revenue | 0.0M |
Gross Profit | 463.7M |
Operating Expense | -268.9M |
Operating I/L | 194.8M |
Other Income/Expense | -45.9M |
Interest Income | 813.0M |
Pretax | 194.8M |
Income Tax Expense | 53.5M |
Net Income/Loss | 141.3M |
Valley National Bancorp operates as a financial services holding company, providing commercial, retail, insurance, and wealth management products. Its offerings include various deposit accounts, commercial and consumer loans, investment services, international banking, trust services, insurance agency services, and online/mobile banking. The company generates revenue through interest income from loans and securities, fees from banking and investment services, and insurance premiums. With 232 branch offices in New Jersey, New York, Florida, and Alabama, Valley National Bancorp serves individuals, small to medium-sized businesses, and retirement plans with a diverse range of financial solutions.