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Valley National Bancorp  (VLY)
Other Ticker:  
 
    Sector  Financial    Industry Commercial Banks
   Industry Commercial Banks
   Sector  Financial
 

VLY's Gross Income Growth by Quarter and Year

Valley National Bancorp's Gross Income results by quarter and year




VLY Gross Income (in millions $) FY 2022 FY 2021 FY 2020 FY 2019
IV Quarter December - 503.67 227.45 212.17
III Quarter September 315.56 371.57 242.40 186.92
II Quarter June 318.15 233.90 235.44 166.55
I Quarter March 316.46 242.09 218.49 151.64
FY   950.17 1,351.23 923.78 717.28



VLY Gross Income third quarter 2022 Y/Y Growth Comment
Valley National Bancorp reported decline in Gross Income in the third quarter 2022 by -15.07% to $ 315.56 millions, from the same quarter in 2021.
The contraction in the third quarter 2022 Valley National Bancorp's Gross Income compares unfavorably to the Company's average Gross Income increase of 18.77%.

Looking into third quarter 2022 results within Commercial Banks industry 60 other companies have achieved higher Gross Income growth. While Valley National Bancorp' s Gross Income fall of -15.07% ranks overall at the positon no. 2044 in the third quarter 2022.

Explain Gross Income Margin


VLY Gross Income ( Y/Y Growth %) 2022
2021 2020 2019
IV Quarter December - 121.44 % 7.2 % 21.29 %
III Quarter September -15.07 % 53.29 % 29.68 % 11.86 %
II Quarter June 36.02 % -0.65 % 41.36 % -0.54 %
I Quarter March 30.72 % 10.8 % 44.08 % -33.26 %
FY   - 46.27 % 28.79 % -2.64 %

Financial Statements
Valley National Bancorp's third quarter 2022 Gross Income $ 315.56 millions VLY's Income Statement
Valley National Bancorp's third quarter 2021 Gross Income $ 371.57 millions Quarterly VLY's Income Statement
New: More VLY's historic Gross Income Growth >>


VLY Gross Income (Quarter on Quarter Growth %)

2022
2021 2020 2019
IV Quarter December - 35.55 % -6.17 % 13.51 %
III Quarter September -0.82 % 58.86 % 2.96 % 12.23 %
II Quarter June 0.53 % -3.38 % 7.76 % 9.83 %
I Quarter March -37.17 % 6.44 % 2.98 % -13.31 %
FY (Year on Year)   - 46.27 % 28.79 % -2.64 %




Gross Income third quarter 2022 Y/Y Growth Company Ranking
Within: No.
Commercial Banks Industry #61
Financial Sector #439
Overall #2044

Gross Income Y/Y Growth Statistics
High Average Low
59.63 % 18.77 % -13.38 %
(Jun 30 2023)   (Mar 31 2018)
Gross Income third quarter 2022 Y/Y Growth Company Ranking
Within: No.
Commercial Banks Industry #61
Financial Sector #439
Overall #2044
Gross Income Y/Y Growth Statistics
High Average Low
59.63 % 18.77 % -13.38 %
(Jun 30 2023)   (Mar 31 2018)

Gross Income by Quarter for the Fiscal Years 2019, 2020, 2021, 2022

Valley National Bancorp's Q/Q Gross Income Growth


Gross Income Q/Q Growth Statistics
High Average Low
115.89 % 4.93 % -100 %
(Dec 31 2016)  


VLY's III. Quarter Q/Q Gross Income Comment
In the III. Quarter 2022 Valley National Bancorp reported decrease in Gross Income from the previous quarter by -0.82% to $ 315.56 millions, from $ 318.15 millions declared in the previous reporting period.

Although seasonal influence normally fuel III. Quarter 2022 Gross Income, it simply has not been sufficient to rescue VLY's III. Quarter performance, Ian T. Parker, Financial sector contributor from San Francisco pointed out and mentioned that average quarter on quarter Gross Income growth is at 4.93% for VLY.

Within Commercial Banks industry 27 other companies have achieved higher Gross Income quarter on quarter growth. While Valley National Bancorp's Gross Income growth quarter on quarter, overall rank is 1923.


Gross Income Q/Q Growth Company Ranking
Within: No.
Commercial Banks Industry #28
Financial Sector #368
Overall #1923
Gross Income Q/Q Growth Company Ranking
Within: No.
Commercial Banks Industry #28
Financial Sector #368
Overall #1923
Gross Income Q/Q Growth Statistics
High Average Low
115.89 % 4.93 % -100 %
(Dec 31 2016)  


VLY's III. Quarter Q/Q Gross Income Comment
In the III. Quarter 2022 Valley National Bancorp realized decrease in Gross Income sequentially by -0.82% to $ 315.56 millions, from $ 318.15 millions achived in the previous reporting period.

Some seasonal circumstance have not salvage the III. Quarter for the Valley National Bancorp, Ian T. Parker, Financial sector contributor from San Francisco said, he cited little pessimism conserning Valley National Bancorp's outlook, he sees further headwinds down the road for Valley National Bancorp.

Within Commercial Banks industry 27 other companies have achieved higher Gross Income quarter on quarter growth. While Valley National Bancorp's Gross Income growth quarter on quarter, overall rank is 1923.


Valley National Bancorp's 12 Months Gross Income Growth Year on Year


Gross Income TTM Growth

12 Months Ending
(Sep 30 2023)
12 Months Ending
(Jun 30 2023)
12 Months Ending
(Mar 31 2023)
12 Months Ending
(Dec 31 2022)
12 Months Ending
(Sep 30 2022)
Cumulative Gross Income 12 Months Ending $ 1,453.83 $ 1,509.84 $ 1,425.59 $ 1,207.11 $ 1,075.01
Y / Y Gross Income Growth (TTM) 35.24 % 59.63 % 50.48 % 32.87 % 18.33 %
Year on Year Gross Income Growth Overall Ranking # 1792 # 1100 # 0 # 522 # 0
Seqeuential Gross Income Change (TTM) -3.71 % 5.91 % 5.5 % 27.62 % 13.66 %
Seq. Gross Income Growth (TTM) Overall Ranking # 2044 # 1970 # 0 # 1391 # 0




Cumulative Gross Income growth Comment
Assuming the Valley National Bancorp's fiscal year would have ended in Sep 30 2023, Valley National Bancorp would have reprted above average annual Gross Income rise of 35.24% year on year, of $ 1,454 millions.
This marks a slow-down of the companys growth trends and from the 59.63% increase in Jun 30 2023.

In the Financial sector 395 other companies have achieved higher trailing twelve month Gross Income growth. While Gross Income growth total ranking has deteriorated compare to previous quarter from 1100 to 1792.

Gross Income TTM Q/Q Growth Statistics
High Average Low
59.63 %
18.77 %
-13.38 %
 

Gross Income TTM Y/Y Growth Company Ranking
Within: No.
Commercial Banks Industry # 61
Financial Sector # 396
Overall # 1792

Gross Income TTM Y/Y Growth Statistics
High Average Low
59.63 %
18.77 %
-13.38 %
 


Gross Income TTM Q/Q Growth Company Ranking
Within: No.
Industry # 61
Sector # 439
S&P 500 # 2044
Cumulative Gross Income growth Comment
Assuming the Valley National Bancorp's fiscal year would have ended in Sep 30 2023, Valley National Bancorp would have reprted above average annual Gross Income rise of 35.24% year on year, of $ 1,454 millions.
This marks a slow-down of the companys growth trends and from the 59.63% increase in Jun 30 2023.

In the Financial sector 395 other companies have achieved higher trailing twelve month Gross Income growth. While Gross Income growth total ranking has deteriorated compare to previous quarter from 1100 to 1792.

Gross Income TTM Q/Q Growth Statistics
High Average Low
59.63 %
18.77 %
-13.38 %
 


Gross Income TTM Y/Y Growth Company Ranking
Within: No.
Commercial Banks Industry # 61
Financial Sector # 396
Overall # 1792

Gross Income TTM Y/Y Growth Statistics
High Average Low
59.63 %
18.77 %
-13.38 %
 


Gross Income TTM Q/Q Growth Company Ranking
Within: No.
Industry # 61
Sector # 439
S&P 500 # 2044




Other Gross Income Growth
Commercial Banks Industry Gross Income Growth Trends and Statistics
Financial Sector Gross Income Growth Statistics
Gross Income Growth Trends for overall market
VLY's Gross Income Growth Ratio versus Commercial Banks Industry, Financial Sector and total Market
Highest Ranking Gross Income Growth
Lowest Ranking Gross Income Growth
Gross Income Growth for VLY's Competitors
Gross Income Growth for Valley National Bancorp's Suppliers
Gross Income Growth for VLY's Customers

You may also want to know
VLY's Annual Growth Rates VLY's Profitability Ratios VLY's Asset Turnover Ratio VLY's Dividend Growth
VLY's Roe VLY's Valuation Ratios VLY's Financial Strength Ratios VLY's Dividend Payout Ratio
VLY's Roa VLY's Inventory Turnover Ratio VLY's Growth Rates VLY's Dividend Comparisons



Companies with similar Gross Income increase for the quarter ending Sep 30 2023 within Financial SectorY/Y Change %Gross Income for the quarter ending Sep 30 2023
Stifel Financial Corp-0.01%$ -0.008 millions
Euronet Worldwide Inc -0.13%$ -0.125 millions
Fnb Corp-0.29%$ -0.287 millions
Bancfirst Corporation-0.36%$ -0.356 millions
Farmers National Banc Corp -0.37%$ -0.373 millions
Community Bank System Inc -0.40%$ -0.405 millions
Mainstreet Bancshares Inc -0.44%$ -0.438 millions
Service Properties Trust-0.51%$ -0.507 millions
Zions Bancorporation National Association-0.53%$ -0.535 millions
Marketaxess Holdings Inc -0.65%$ -0.655 millions
Pinnacle Financial Partners Inc -0.73%$ -0.731 millions
Affinity Bancshares Inc -0.75%$ -0.746 millions
Centerspace-0.80%$ -0.802 millions
Huntington Bancshares Incorporated-0.96%$ -0.960 millions
Inpoint Commercial Real Estate Income Inc -1.14%$ -1.136 millions
Evercore Inc -1.16%$ -1.164 millions
Univest Financial Corporation-1.18%$ -1.183 millions
East West Bancorp inc -1.20%$ -1.204 millions
Kbs Real Estate Investment Trust Iii Inc -1.30%$ -1.300 millions
The Goldman Sachs Group Inc -1.32%$ -1.319 millions
Vornado Realty Trust-1.41%$ -1.407 millions
Guild Holdings Company-1.52%$ -1.517 millions
Pioneer Bancorp Inc -1.52%$ -1.520 millions
Two Harbors Investment Corp -1.56%$ -1.561 millions
The Bank Of New York Mellon Corporation-1.99%$ -1.988 millions
Nexpoint Residential Trust Inc -2.09%$ -2.092 millions
Community Ban corp -2.30%$ -2.295 millions
Citizens Community Bancorp Inc -2.30%$ -2.296 millions
Heartland Financial Usa Inc -2.30%$ -2.304 millions
Invesco Mortgage Capital Inc -2.34%$ -2.336 millions




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