Valley National Bancorp (VLY) Financial Ratios
30 years of historical data (1996–2025) · Financial Services · Banks - Regional
EV/EBITDA
↑
14.19
↑+34% vs avg
5yr avg: 10.60
30Y Low7.8·High44.4
P/FCF
↑
21.65
↑+104% vs avg
5yr avg: 10.59
30Y Low2.5·High29.7
P/B Ratio
↓
0.97
+13% vs avg
5yr avg: 0.85
30Y Low0.6·High4.2
ROE
↓
7.8%
-3% vs avg
5yr avg: 8.1%
30Y Low5%·High24%
Debt/EBITDA
↑
4.61
+2% vs avg
5yr avg: 4.51
30Y Low0.6·High28.8
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
VLY Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Valley National Bancorp trades at 13.3x earnings, 14% above its 5-year average of 11.7x, sitting at the 30th percentile of its historical range. This is roughly in line with the Financial Services sector median P/E of 13.1x. On a free-cash-flow basis, the stock trades at 21.6x P/FCF, 104% above the 5-year average of 10.6x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $7.4B | $6.6B | $4.7B | $5.5B | $5.5B | $5.6B | $3.9B | $3.9B | $3.0B | $3.0B | $3.0B |
| Enterprise Value | $10.6B | $9.7B | $6.5B | $8.3B | $6.7B | $6.0B | $6.4B | $7.0B | $6.4B | $5.7B | $5.1B |
| P/E Ratio → | 13.27 | 11.56 | 13.13 | 11.43 | 9.92 | 12.28 | 10.48 | 13.16 | 11.84 | 19.34 | 18.48 |
| P/S Ratio | 2.13 | 1.89 | 1.31 | 1.65 | 2.53 | 3.78 | 2.52 | 2.54 | 2.28 | 3.14 | 3.41 |
| P/B Ratio | 0.97 | 0.84 | 0.63 | 0.83 | 0.86 | 1.11 | 0.86 | 0.89 | 0.88 | 1.17 | 1.25 |
| P/FCF | 21.65 | 19.15 | 8.56 | 14.62 | 3.86 | 6.73 | 24.15 | 14.87 | 9.72 | 4.80 | 7.09 |
| P/OCF | 21.65 | 19.15 | 8.56 | 14.62 | 3.86 | 6.73 | 24.15 | 14.87 | 9.72 | 4.80 | 7.09 |
P/E links to full P/E history page with 30-year chart
VLY EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
Valley National Bancorp's enterprise value stands at 14.2x EBITDA, 34% above its 5-year average of 10.6x. The Financial Services sector median is 11.5x, placing the stock at a 24% premium on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 2.78 | 1.82 | 2.49 | 3.05 | 4.03 | 4.08 | 4.59 | 4.92 | 5.99 | 5.90 |
| EV / EBITDA | 14.19 | 13.04 | 12.56 | 10.96 | 7.75 | 8.68 | 10.45 | 13.33 | 16.92 | 19.69 | 19.08 |
| EV / EBIT | 14.19 | 13.04 | 14.81 | 12.30 | 8.54 | 9.37 | 12.07 | 15.41 | 19.28 | 22.40 | 22.00 |
| EV / FCF | — | 28.22 | 11.84 | 22.07 | 4.67 | 7.18 | 39.11 | 26.88 | 20.92 | 9.14 | 12.25 |
VLY Profitability
Margins and return-on-capital ratios measuring operating efficiency
Valley National Bancorp earns an operating margin of 21.3%, roughly in line with the Financial Services sector average. Operating margins have expanded from 20.2% to 21.3% over the past 3 years, signaling improving operational efficiency. ROE of 7.8% is modest, trailing the sector median of 9.4%. ROIC of 5.0% represents below-average returns on invested capital versus a sector median of 5.7%.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 53.9% | 53.9% | 42.9% | 54.7% | 82.7% | 89.4% | 75.1% | 70.9% | 74.1% | 80.5% | 81.5% |
| Operating Margin | 21.3% | 21.3% | 12.3% | 20.2% | 35.8% | 43.0% | 33.8% | 29.7% | 25.5% | 26.7% | 26.8% |
| Net Profit Margin | 17.1% | 17.1% | 10.6% | 14.9% | 26.1% | 31.8% | 24.9% | 20.2% | 20.2% | 17.1% | 19.3% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 7.8% | 7.8% | 5.4% | 7.6% | 9.9% | 9.8% | 8.7% | 8.0% | 8.9% | 6.6% | 7.3% |
| ROA | 0.9% | 0.9% | 0.6% | 0.8% | 1.1% | 1.1% | 1.0% | 0.9% | 0.9% | 0.7% | 0.8% |
| ROIC | 5.0% | 5.0% | 3.1% | 5.4% | 7.3% | 6.1% | 4.9% | 4.5% | 3.9% | 3.6% | 3.5% |
| ROCE | 2.0% | 2.0% | 4.0% | 7.6% | 10.3% | 9.3% | 7.9% | 7.9% | 6.7% | 6.0% | 6.3% |
VLY Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
Valley National Bancorp carries a Debt/EBITDA ratio of 4.6x, which is highly leveraged (11% above the sector average of 4.1x). Net debt stands at $3.1B ($3.4B total debt minus $315M cash). Interest coverage of just 0.5x is concerning — the company has limited headroom to absorb earnings volatility before struggling with debt service.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.44 | 0.44 | 0.50 | 0.55 | 0.33 | 0.48 | 0.82 | 0.82 | 1.14 | 1.23 | 1.08 |
| Debt / EBITDA | 4.61 | 4.61 | 7.14 | 4.87 | 2.44 | 3.50 | 6.17 | 6.78 | 10.20 | 10.80 | 9.50 |
| Net Debt / Equity | — | 0.40 | 0.24 | 0.42 | 0.18 | 0.07 | 0.53 | 0.72 | 1.02 | 1.06 | 0.91 |
| Net Debt / EBITDA | 4.19 | 4.19 | 3.48 | 3.70 | 1.34 | 0.53 | 4.00 | 5.96 | 9.06 | 9.35 | 8.04 |
| Debt / FCF | — | 9.06 | 3.29 | 7.45 | 0.80 | 0.44 | 14.96 | 12.01 | 11.20 | 4.34 | 5.16 |
| Interest Coverage | 0.51 | 0.51 | 0.25 | 0.46 | 2.43 | 5.15 | 2.00 | 1.08 | 1.09 | 1.45 | 1.57 |
VLY Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
The current ratio of 0.75x is below 1.0, meaning current liabilities exceed current assets. The current ratio has improved from 0.05x to 0.75x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 0.75 | 0.75 | 0.05 | 0.05 | 0.05 | 0.09 | 0.08 | 0.07 | 0.08 | 0.10 | 0.09 |
| Quick Ratio | 0.75 | 0.75 | 0.05 | 0.05 | 0.05 | 0.09 | 0.08 | 0.07 | 0.08 | 0.10 | 0.09 |
| Cash Ratio | 0.42 | 0.42 | 0.04 | 0.02 | 0.02 | 0.06 | 0.04 | 0.01 | 0.02 | 0.02 | 0.02 |
| Asset Turnover | — | 0.05 | 0.06 | 0.06 | 0.04 | 0.03 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 |
| Inventory Turnover | — | — | — | — | — | — | — | — | — | — | — |
| Days Sales Outstanding | — | — | — | — | — | — | — | — | — | — | — |
VLY Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Valley National Bancorp returns 4.3% to shareholders annually — split between a 3.3% dividend yield and 1.0% buyback yield. A payout ratio of 41.6% is moderate and appears sustainable, balancing shareholder returns with reinvestment capacity. The earnings yield of 7.5% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 3.3% | 3.8% | 4.9% | 4.1% | 3.7% | 3.2% | 4.5% | 3.8% | 4.7% | 3.9% | 3.8% |
| Payout Ratio | 41.6% | 41.6% | 60.0% | 45.2% | 36.2% | 37.9% | 45.6% | 47.3% | 53.1% | 71.6% | 66.5% |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 7.5% | 8.6% | 7.6% | 8.7% | 10.1% | 8.1% | 9.5% | 7.6% | 8.4% | 5.2% | 5.4% |
| FCF Yield | 4.6% | 5.2% | 11.7% | 6.8% | 25.9% | 14.8% | 4.1% | 6.7% | 10.3% | 20.8% | 14.1% |
| Buyback Yield | 1.0% | 1.1% | 0.2% | 0.2% | 0.4% | 0.4% | 0.1% | 0.0% | 0.1% | 0.1% | 0.1% |
| Total Shareholder Yield | 4.3% | 4.9% | 5.1% | 4.3% | 4.2% | 3.6% | 4.6% | 3.8% | 4.8% | 4.0% | 3.9% |
| Shares Outstanding | — | $564M | $518M | $509M | $488M | $410M | $405M | $340M | $333M | $265M | $255M |
Peer Comparison
Compare VLY with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 VLYYou | $7B | 13.3 | 14.2 | 21.6 | 53.9% | 21.3% | 7.8% | 5.0% | 4.6 |
 WSFS | $4B | 14.2 | 6.8 | 17.8 | 74.7% | 28.0% | 10.8% | 9.5% | 0.7 |
 IBCP | $699M | 10.4 | 9.4 | 10.0 | 69.6% | 25.8% | 14.3% | 10.2% | 1.4 |
 NBTB | $2B | 13.5 | 10.4 | 10.7 | 72.1% | 25.3% | 9.9% | 7.9% | 1.4 |
 TRMK | $3B | 12.1 | 9.5 | 11.4 | 71.0% | 25.5% | 11.0% | 7.1% | 3.4 |
 FULT | $4B | 10.3 | 9.7 | 14.5 | 67.4% | 25.7% | 11.7% | 7.5% | 2.5 |
 UMBF | $10B | 14.4 | 12.1 | 10.2 | 54.4% | 20.3% | 12.6% | 7.5% | 3.6 |
 WTFC | $10B | 13.1 | 11.7 | 11.1 | 62.2% | 26.4% | 12.1% | 7.5% | 3.7 |
 OFG | $2B | 10.2 | 5.3 | 9.9 | 71.2% | 30.8% | 15.5% | 10.9% | 2.0 |
 BANR | $2B | 11.6 | 9.5 | 9.0 | 79.0% | 29.5% | 10.5% | 7.7% | 1.5 |
 SFNC | $3B | -7.2 | — | 6.9 | 5.8% | -84.2% | -11.4% | -9.1% | — |
| Financial Services Median | — | 13.1 | 11.5 | 10.6 | 63.6% | 21.6% | 9.4% | 5.7% | 4.1 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
Download Financial Ratios Data
Includes 30+ ratios · 30 years · Updated daily
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Start ComparisonVLY — Frequently Asked Questions
Quick answers to the most common questions about buying VLY stock.
What is Valley National Bancorp's P/E ratio?
Valley National Bancorp's current P/E ratio is 13.3x. The historical average is 16.4x. This places it at the 30th percentile of its historical range.
What is Valley National Bancorp's EV/EBITDA?
Valley National Bancorp's current EV/EBITDA is 14.2x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 18.0x.
What is Valley National Bancorp's ROE?
Valley National Bancorp's return on equity (ROE) is 7.8%. The historical average is 13.1%.
Is VLY stock overvalued?
Based on historical data, Valley National Bancorp is trading at a P/E of 13.3x. This is at the 30th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
What is Valley National Bancorp's dividend yield?
Valley National Bancorp's current dividend yield is 3.29% with a payout ratio of 41.6%.
What are Valley National Bancorp's profit margins?
Valley National Bancorp has 53.9% gross margin and 21.3% operating margin. Operating margin above 20% indicates strong pricing power and cost efficiency.
How much debt does Valley National Bancorp have?
Valley National Bancorp's Debt/EBITDA ratio is 4.6x, indicating high leverage. A ratio above 4x may signal elevated financial risk.