Financial Statements

Valley National Bancorp (VLY)


-0.18 (-2.12%)
Income Statement
Balance Sheet
Cash Flow

Income Statement

All numbers are in thousands , Years are calendar years not fiscal years

Retained Earning Schedule

Year 2022 2021 2020 2019 2018
Retained Earnings (Previous Year) 884611444300-
Net Income 569474391310261
Stock Dividends -15-9-32-7193
Dividend Paid -219-192-191-159-155
Retained Earnings 1,218884611444300

PPE Schedule

Year 2022 2021 2020 2019 2018
Gross PPE 585572620342-
Annual Depreciation 791,077-482,7313,618
Capital Expenditure --1,063--2,453-3,277
Net PPE 665585572620342

Intangible and Goodwill Schedule

Year 2022 2021 2020 2019 2018
Intangible and Goodwill (Previous Year) -1,0851,3741,3821,459
New Purchases -554-747-1,025-1,703-904
Intangible and Goodwill 1,0851,3741,3821,4591,869

Valley National Bancorp income statement is the only one that provides an overview of company sales and net income
The reasoning behind the adjustment, however, is that free cash flow is meant to measure money being spent right now, not transactions that happened in the past. This makes Valley National Bancorp FCF a useful instrument for identifying growing companies with high up-front costs, which may eat into earnings now but have the potential to pay off later.