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VLYPP| Name | Value |
|---|---|
| Revenues | 881.2M |
| Cost of Revenue | -3.5M |
| Gross Profit | 884.7M |
| Operating Expense | 107.1M |
| Operating I/L | 116.3M |
| Other Income/Expense | -53.8M |
| Interest Income | 833.5M |
| Pretax | 93.3M |
| Income Tax Expense | 22.9M |
| Net Income/Loss | 70.4M |
Valley National Bancorp, through its subsidiary Valley National Bank, offers a range of financial services including commercial and retail banking, insurance, and wealth management. The company generates revenue through interest income from various types of loans such as commercial, residential, and automobile loans, as well as through investment in securities and interest-bearing deposits. Additionally, it provides international banking services, investment management, trust services, insurance agency services, and online, mobile, and telephone banking services. 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.
