Financial Statements

Valley National Bancorp (VLY)


-0.10 (-0.82%)
Income Statement
Balance Sheet
Cash Flow

Income Statement

All numbers are in thousands

Retained Earning Schedule

Year 2021 2020 2019 2018 2017
Retained Earnings (Previous Year) 611444300217-
Net Income 474391310261162
Stock Dividends -9-32-7-24177
Dividend Paid -192-191-159-155-122
Retained Earnings 884611444300217

PPE Schedule

Year 2021 2020 2019 2018 2017
Gross PPE 572620342288-
Annual Depreciation 14-4827854288
Capital Expenditure -----
Net PPE 585572620342288

Intangible and Goodwill Schedule

Year 2021 2020 2019 2018 2017
Intangible and Goodwill (Previous Year) -6911,0851,3741,382
New Purchases -632-554-747-1,025-1,703
Intangible and Goodwill 6911,0851,3741,3821,459

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.