[VLY] YoY Annual Result on 31-Dec-2023 [#FY]

Stock
[VLY] Valley National Bancorp
Announcement Date
29-Feb-2024
Financial Year
2023
Quarter
31-Dec-2023 [#FY]
Profit Trend
YoY- -12.37%
Quarter Report
VLY's Result
VLY's Financial Summary
View:
Show?
Annual Result
31/12/24 31/12/23 31/12/22 31/12/21 31/12/20 31/12/19 31/12/18 CAGR
Revenue 3,571,593 3,353,340 2,182,995 1,489,502 1,566,116 1,535,520 1,293,300 18.42%
PBT 438,519 678,332 780,667 640,739 530,066 456,795 329,693 4.86%
Tax 58,248 179,821 211,816 166,899 139,460 147,002 68,265 -2.60%
NP 380,271 498,511 568,851 473,840 390,606 309,793 261,428 6.43%
Tax Rate -13.28% -26.51% -27.13% -26.05% -26.31% -32.18% -20.71% -
Total Cost 3,191,322 2,854,829 1,614,144 1,015,662 1,175,510 1,225,727 1,031,872 20.68%
Ratio Analysis
31/12/24 31/12/23 31/12/22 31/12/21 31/12/20 31/12/19 31/12/18 CAGR
NP Margin 10.65 14.87 26.06 31.81 24.94 20.18 20.21 -10.11%
Per Share
31/12/24 31/12/23 31/12/22 31/12/21 31/12/20 31/12/19 31/12/18 CAGR
EPS 0.70 0.95 1.14 1.13 0.94 0.88 0.79 -1.99%
EPS Diluted 0.69 0.95 1.14 1.12 0.93 0.87 0.79 -2.22%

PBT = Profit before Tax, NP = Net Profit, NP Margin = Net Profit Margin, EPS = Earning Per Share, EPS Diluted = Earning Per Share Diluted.

NP Margin, QoQ ⃤ & YoY ⃤ figures in Percentage; EPS & EPS Diluted figures in Cent.

All figures in '000 unless specified.