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Valley National Bank, Financial Information

AboutValley National Bank

 Address:
615 Main Avenue
Passaic,NJ
Passaic County,New Jersey
 Established:
Jan 1927
 Number of domestic offices:
235
Total assets$40,680M
Net income$406M
Net income,quarterly$110M
Total deposits$32,066M
Domestic deposits$32,066M
Equity capital$4,996M
ROA1.02%
ROAQ,quarterly1.08%
ROA,pretax1.08%
ROAQ,quarterly,pretax1.47%
ROE8.53%
ROEQ,quarterly8.94%
UpdatedMay 20, 2021

Terms and Definitions

  • Domestic deposits
    The sum of all domestic deposits, including demand deposits, money market deposits and time deposits.
  • Equity capital
    Total equity capital (includes preferred and common stock, surplus and undivided profits).
  • ROA
    Return on assets, net income after taxes and extraordinary items (annualized) as a percent of average total assets.
  • ROE
    Return on equity, annualized net income as a percent of average equity on a consolidated basis.

Valley National Bank is a commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC). The bank was established in 1927.

Valley National Bancorp is a regional bank holding company headquartered in Wayne, New Jersey with $16 billion in assets. Its principal subsidiary, Valley National Bank, currently operates 210 branches in 146 communities serving 16 counties throughout northern and central New Jersey, Manhattan, Brooklyn, Queens and Long Island.

Valley National Bank is one of the largest commercial banks headquartered in New Jersey and is committed to providing the most convenient service, the latest in product innovations and an experienced and knowledgeable staff with a high priority on friendly customer service 24 hours a day, 7 days a week.

Valley National Bank
1455 Valley Road, Wayne
New Jersey 07470
(800) 522-4100

Historical Data