The latest financial statement is for the year ending 2025-12-31.
| Cash Flow | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Net income | 597,983 | 380,271 | 498,511 | 568,851 |
| Depreciation and amortization | 38,290 | 43,789 | 43,437 | 72,709 |
| Stock-based compensation | 27,279 | 28,988 | 33,102 | 28,788 |
| Provision for credit losses | 139,774 | 308,830 | 50,184 | 56,817 |
| Net accretion of discounts and amortization of premium on securities and borrowings | -9,237 | -3,399 | -2,145 | 10,653 |
| Amortization of other intangible assets | 30,428 | 35,045 | 39,768 | 37,825 |
| Losses (gains) on securities transactions, net | - | - | - | -1,230 |
| (gains) losses on available for sale and held to maturity debt securities, net | 17 | -15 | 401 | - |
| Proceeds from sales of loans held for sale at fair value | 185,226 | 253,749 | 205,575 | 389,666 |
| (gains) losses on sales of loans, net | 6,906 | -5,840 | 6,054 | 6,418 |
| Originations of loans held for sale | 173,493 | 244,710 | 204,686 | 267,158 |
| Losses (gains) on sales of assets, net | -3 | 3,727 | 6,809 | 897 |
| Loss on extinguishment of debt | -922 | - | 0 | 0 |
| Net deferred income tax expense (benefit) | 10,896 | -6,139 | -9,359 | 7,485 |
| Fair value of financial instruments hedged by derivative transactions | -11,174 | -13,402 | -4,810 | 28,907 |
| Trading debt securities | 0 | -3,973 | -9,465 | -24,692 |
| Lease right of use assets | -11,868 | -18,467 | 37,125 | - |
| Cash surrender value of bank owned life insurance | 19,704 | 16,942 | 11,843 | 8,040 |
| Accrued interest receivable | 3,956 | -5,557 | 48,892 | 74,007 |
| Other assets | -118,872 | 263,375 | 173,512 | 259,690 |
| Accrued expenses and other liabilities | -615,570 | -11,094 | -5,834 | 874,880 |
| Net cash provided by operating activities | 343,832 | 548,540 | 378,192 | 1,428,479 |
| Loans originated and purchased, net of principal collected | 1,476,923 | 137,723 | 3,346,633 | 6,868,735 |
| Purchases | 14,293 | 9,950 | 14,011 | 11,209 |
| Sales and capital returns | 4,463 | 1,910 | 1,850 | 3,118 |
| Purchases | 320,460 | 103,256 | 302,774 | 838,569 |
| Maturities, calls and principal repayments | 357,008 | 309,475 | 379,536 | 475,327 |
| Purchases | 1,432,385 | 2,387,595 | 112,317 | 54,618 |
| Sales | 0 | 0 | 18,779 | 12,846 |
| Maturities, calls and principal repayments | 704,152 | 296,860 | 78,588 | 225,942 |
| Death benefit proceeds from bank owned life insurance | 13,188 | 9,121 | 5,218 | 4,680 |
| Proceeds from sales of real estate property and equipment | 2,277 | 3,199 | 18,308 | 10,832 |
| Proceeds from sales of loans not originated for sale | 16,628 | 1,226,759 | 0 | 0 |
| Proceeds from sale of commercial premium finance lending division | 0 | 98,060 | - | - |
| Purchases of real estate property and equipment | 18,098 | 16,144 | 76,046 | 68,935 |
| Cash and cash equivalents acquired in acquisitions, net | - | 0 | 0 | 321,540 |
| Net cash used in investing activities | -2,164,443 | -709,284 | -3,349,502 | -6,787,781 |
| Net change in deposits | 2,106,612 | 830,609 | 1,605,915 | 4,974,505 |
| Net change in short-term borrowings | 18,757 | -845,116 | 779,105 | -620,791 |
| Proceeds from issuance of long-term borrowings, net | 210,000 | 1,001,800 | 1,251,804 | 147,508 |
| Repayments of long-term borrowings | 488,000 | 165,000 | 475,000 | 0 |
| Proceeds from issuance of preferred stock, net | 0 | 144,654 | - | - |
| Cash dividends paid to preferred shareholders | 28,981 | 21,369 | 14,338 | 13,146 |
| Cash dividends paid to common shareholders | 248,885 | 228,228 | 225,411 | 205,999 |
| Purchase of common shares related to stock compensation plan activity | 9,801 | - | - | - |
| Purchase of common shares to treasury | 63,001 | 8,867 | 11,475 | 24,123 |
| Common stock issued, net | 17,506 | 451,164 | 4,006 | 120 |
| Other, net | -156 | -3 | -18 | -745 |
| Net cash provided by financing activities | 1,514,051 | 1,159,644 | 2,914,588 | 4,257,329 |
| Net change in cash and cash equivalents | -306,560 | 998,900 | -56,722 | -1,101,973 |
| Cash and cash equivalents at beginning of year | 1,890,125 | 891,225 | 947,947 | 2,049,920 |
| Cash and cash equivalents at end of year | 1,583,565 | 1,890,125 | 891,225 | 947,947 |
VALLEY NATIONAL BANCORP (VLYPN)
VALLEY NATIONAL BANCORP (VLYPN)