[VLY] QoQ Quarter Result on 30-Jun-2023 [#Q2]

Stock
[VLY] Valley National Bancorp
Announcement Date
07-Aug-2023
Financial Year
2023
Quarter
30-Jun-2023 [#Q2]
Profit Trend
QoQ- -5.11%
YoY- 49.14%
Quarter Report
VLY's Result
VLY's Financial Summary
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Quarter Result
31/03/24 31/12/23 30/09/23 30/06/23 31/03/23 31/12/22 30/09/22 CAGR
Revenue 884,077 871,004 463,716 480,122 485,332 518,665 509,998 44.25%
PBT 129,453 88,965 194,832 190,819 203,716 245,136 246,524 -34.88%
Tax 33,173 17,411 53,486 51,759 57,165 67,545 68,405 -38.24%
NP 96,280 71,554 141,346 139,060 146,551 177,591 174,947 -32.81%
Tax Rate -25.63% -19.57% -27.45% -27.12% -28.06% -27.55% -27.75% -
Total Cost 787,797 799,450 322,370 341,062 338,781 341,074 335,051 76.72%
Ratio Analysis
31/03/24 31/12/23 30/09/23 30/06/23 31/03/23 31/12/22 30/09/22 CAGR
NP Margin 10.89 8.22 30.48 28.96 30.20 34.24 34.30 -53.42%
Per Share
31/03/24 31/12/23 30/09/23 30/06/23 31/03/23 31/12/22 30/09/22 CAGR
EPS 0.18 0.13 0.27 0.27 0.28 0.34 0.35 -35.78%
EPS Diluted 0.18 0.13 0.27 0.27 0.28 0.34 0.34 -34.53%

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.