For the year ending 2025-12-31, VLYPP has $64,132,725K in assets. $56,325,027K in debts.
| Balance Sheets | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Cash and due from banks | 315,166 | 411,412 | 284,090 | 444,325 |
| Interest bearing deposits with banks | 1,268,399 | 1,478,713 | 607,135 | 503,622 |
| Equity securities | 82,774 | 71,513 | 64,464 | 48,731 |
| Trading debt securities | - | 0 | 3,973 | 13,438 |
| Available for sale debt securities | 4,202,218 | 3,369,724 | 1,296,576 | 1,261,397 |
| Held to maturity debt securities (net of allowance for credit losses of 734 at december31, 2025 and 647 at december31, 2024) | 3,495,837 | 3,531,573 | 3,739,208 | 3,827,338 |
| Total investment securities | 7,780,829 | 6,972,810 | 5,104,221 | 5,150,904 |
| Loans held for sale (includes fair value of 8,212 at december31, 2025 and 15,681 at december31, 2024 for loans originated for sale) | 26,236 | 25,681 | 30,640 | 18,118 |
| Individually evaluated for credit losses | 416,153 | 329,702 | 264,678 | 374,093 |
| Collectively evaluated for credit losses | 49,720,575 | 48,470,009 | 49,945,617 | 46,543,107 |
| Loans | 50,136,728 | 48,799,711 | 50,210,295 | 46,917,200 |
| Individually evaluated for credit losses | 81,987 | 75,855 | 74,215 | 86,594 |
| Collectively evaluated for credit losses | 501,413 | 482,995 | 371,865 | 372,061 |
| Less allowance for loan losses | 583,400 | 558,850 | 446,080 | 458,655 |
| Net loans | 49,553,328 | 48,240,861 | 49,764,215 | 46,458,545 |
| Premises and equipment, net | 330,757 | 350,796 | 381,081 | 358,556 |
| Lease right of use assets | 313,891 | 328,475 | 343,461 | 306,352 |
| Bank owned life insurance | 738,090 | 731,574 | 723,799 | 717,177 |
| Accrued interest receivable | 243,897 | 239,941 | 245,498 | 196,606 |
| Goodwill | 1,868,936 | 1,868,936 | 1,868,936 | 1,868,936 |
| Other intangible assets, net | 100,875 | 128,661 | 160,331 | 197,456 |
| Other assets | 1,592,321 | 1,713,831 | 1,421,567 | 1,242,152 |
| Total assets | 64,132,725 | 62,491,691 | 60,934,974 | 57,462,749 |
| Non-interest bearing | 12,155,500 | 11,428,674 | 11,539,483 | 14,463,645 |
| Savings, now and money market | 28,603,470 | 26,304,639 | 24,526,622 | 23,616,812 |
| Time | 11,424,123 | 12,342,544 | 13,176,724 | 9,556,457 |
| Total deposits | 52,183,093 | 50,075,857 | 49,242,829 | 47,636,914 |
| Short-term borrowings | 91,475 | 72,718 | 917,834 | 138,729 |
| Long-term borrowings | 2,908,579 | 3,174,155 | 2,328,375 | 1,543,058 |
| Junior subordinated debentures issued to capital trusts | 57,803 | 57,455 | 57,108 | 56,760 |
| Lease liabilities | 372,448 | 388,303 | 403,781 | 358,884 |
| Accrued expenses and other liabilities | 711,629 | 1,288,076 | 1,283,656 | 1,327,602 |
| Total liabilities | 56,325,027 | 55,056,564 | 54,233,583 | 51,061,947 |
| Preferred stock, no par value authorized 50,000,000 shares-Series APreferred Stock | 111,590 | 111,590 | 111,590 | 111,590 |
| Preferred stock, no par value authorized 50,000,000 shares-Series BPreferred Stock | 98,101 | 98,101 | 98,101 | 98,101 |
| Preferred stock, no par value authorized 50,000,000 shares-Series CPreferred Stock | 144,654 | 144,654 | - | - |
| Common stock (no par value, authorized 650,000,000 shares issued 560,878,750 shares at december31, 2025 and 558,786,093 shares at december31, 2024) | 196,730 | 195,998 | 178,187 | 178,185 |
| Surplus | 5,464,845 | 5,442,070 | 4,989,989 | 4,980,231 |
| Retained earnings | 1,912,933 | 1,598,048 | 1,471,371 | 1,218,445 |
| Accumulated other comprehensive loss | -74,379 | -155,334 | -146,456 | -164,002 |
| Treasury stock, at cost (4,260,729 common shares at december31, 2025) | 46,776 | 0 | 1,391 | 21,748 |
| Total shareholders equity | 7,807,698 | 7,435,127 | 6,701,391 | 6,400,802 |
| Total liabilities and shareholders equity | 64,132,725 | 62,491,691 | 60,934,974 | 57,462,749 |
VALLEY NATIONAL BANCORP (VLYPP)
VALLEY NATIONAL BANCORP (VLYPP)