Filing Flows › Valley National Bancorp (VLY) › Q3 2026
Valley National Bancorp (VLY) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 5, 2026
Valley National Bancorp (VLY) reported revenue of $584M for the third quarter 2026 (Q3 2026), +14% from a year earlier and +4% from the quarter before. Operating margin was 41.7%, net earnings $206M (35.3% of revenue).
Valley National Bancorp, Q3 2026: revenue $584M (+14% year over year), operating margin 41.7%, net earnings $206M, operating cash flow $382M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $584M | +4% | +14% |
| Operating profit | $244M | +10% | +16% |
| Net earnings | $206M | +21% | +26% |
| Operating cash flow | $382M | +134% | 74× |
| Free cash flow | $378M | +136% | 161× |
What changed
Revenue was $584.2M in Q3 2026, up 14% year over year and up 4% from the previous quarter. Net interest income was the largest line at 87% of revenue. Net interest income added $59.2M year over year (up 13%), 81% of the total change.
Operating profit was $243.6M, a 41.7% margin (up 0.6 points year over year). Of the extra revenue versus a year earlier, 46% reached operating profit, above the 41% margin then. Total costs grew 13% against revenue growth of 14%. The fastest-growing cost line was Other operating costs (+60%). Net earnings were $206.3M, up 26% year over year. The effective tax rate was 15.3%.
Operating cash flow was $381.9M (up 7303% year over year), 185% of net earnings. Non-cash charges added back $8.3M of depreciation and amortization and $10.0M of share-based compensation. Working capital and other items added $157.4M. Capital expenditures of $3.5M left free cash flow of $378.4M.
Questions
What was Valley National Bancorp's revenue in the third quarter 2026?
Valley National Bancorp (VLY) reported revenue of $584M for the third quarter 2026 (Q3 2026), +14% from a year earlier and +4% from the quarter before.
Was Valley National Bancorp profitable in the third quarter 2026?
Operating profit was $244M (41.7% of revenue) and net earnings $206M.