Valley Reconciled Depreciation vs Other Operating Expenses Analysis

VLY Stock  USD 7.32  0.45  5.79%   
Valley National financial indicator trend analysis is much more than just breaking down Valley National Bancorp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Valley National Bancorp is a good investment. Please check the relationship between Valley National Reconciled Depreciation and its Other Operating Expenses accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Valley National Bancorp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Reconciled Depreciation vs Other Operating Expenses

Reconciled Depreciation vs Other Operating Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Valley National Bancorp Reconciled Depreciation account and Other Operating Expenses. At this time, the significance of the direction appears to have strong relationship.
The correlation between Valley National's Reconciled Depreciation and Other Operating Expenses is 0.74. Overlapping area represents the amount of variation of Reconciled Depreciation that can explain the historical movement of Other Operating Expenses in the same time period over historical financial statements of Valley National Bancorp, assuming nothing else is changed. The correlation between historical values of Valley National's Reconciled Depreciation and Other Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Reconciled Depreciation of Valley National Bancorp are associated (or correlated) with its Other Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Operating Expenses has no effect on the direction of Reconciled Depreciation i.e., Valley National's Reconciled Depreciation and Other Operating Expenses go up and down completely randomly.

Correlation Coefficient

0.74
Relationship DirectionPositive 
Relationship StrengthSignificant

Reconciled Depreciation

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Valley National Bancorp. It is also known as Valley National overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Most indicators from Valley National's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Valley National Bancorp current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Valley National Bancorp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
At this time, Valley National's Selling General Administrative is fairly stable compared to the past year. Issuance Of Capital Stock is likely to rise to about 4.2 M in 2024, whereas Tax Provision is likely to drop slightly above 139.7 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit1.4B1.9B3.4B3.5B
Total Revenue1.4B1.9B3.4B3.5B

Valley National fundamental ratios Correlations

1.00.28-0.040.680.990.960.030.930.480.670.470.960.230.840.961.00.95-0.430.450.770.960.99-0.650.11-0.22
1.00.250.020.711.00.970.020.950.440.70.490.960.190.870.951.00.96-0.460.410.810.960.99-0.630.09-0.2
0.280.250.090.090.230.340.870.00.190.080.180.30.150.210.190.250.280.360.53-0.090.230.310.0-0.20.21
-0.040.020.090.42-0.030.040.140.12-0.10.460.50.13-0.490.41-0.270.020.18-0.06-0.350.26-0.05-0.060.68-0.160.69
0.680.710.090.420.690.650.080.790.01.00.920.78-0.460.830.620.720.81-0.390.370.710.70.64-0.35-0.120.04
0.991.00.23-0.030.690.97-0.010.950.460.680.450.950.230.840.961.00.96-0.50.410.790.960.99-0.650.12-0.25
0.960.970.340.040.650.970.080.890.490.650.40.890.310.830.910.970.97-0.530.360.720.920.98-0.550.13-0.24
0.030.020.870.140.08-0.010.08-0.2-0.320.070.260.14-0.230.11-0.010.030.080.510.52-0.140.010.060.1-0.530.25
0.930.950.00.120.790.950.89-0.20.40.790.550.910.060.890.880.950.94-0.630.230.880.90.9-0.560.16-0.17
0.480.440.19-0.10.00.460.49-0.320.40.02-0.180.30.750.190.390.440.38-0.33-0.030.10.420.48-0.180.68-0.09
0.670.70.080.461.00.680.650.070.790.020.920.77-0.460.830.60.710.81-0.40.330.710.690.63-0.32-0.10.07
0.470.490.180.50.920.450.40.260.55-0.180.920.65-0.680.670.390.50.59-0.020.440.520.50.42-0.19-0.240.29
0.960.960.30.130.780.950.890.140.910.30.770.65-0.020.90.890.970.93-0.280.460.840.920.94-0.56-0.04-0.01
0.230.190.15-0.49-0.460.230.31-0.230.060.75-0.46-0.68-0.02-0.160.250.180.09-0.26-0.08-0.160.180.28-0.210.5-0.43
0.840.870.210.410.830.840.830.110.890.190.830.670.9-0.160.720.870.91-0.460.20.90.760.81-0.28-0.070.13
0.960.950.19-0.270.620.960.91-0.010.880.390.60.390.890.250.720.950.89-0.440.530.710.940.96-0.830.11-0.41
1.01.00.250.020.721.00.970.030.950.440.710.50.970.180.870.950.96-0.460.410.820.960.99-0.620.08-0.19
0.950.960.280.180.810.960.970.080.940.380.810.590.930.090.910.890.96-0.540.370.780.920.95-0.520.06-0.16
-0.43-0.460.36-0.06-0.39-0.5-0.530.51-0.63-0.33-0.4-0.02-0.28-0.26-0.46-0.44-0.46-0.540.3-0.49-0.42-0.430.26-0.270.46
0.450.410.53-0.350.370.410.360.520.23-0.030.330.440.46-0.080.20.530.410.370.30.030.470.45-0.63-0.15-0.31
0.770.81-0.090.260.710.790.72-0.140.880.10.710.520.84-0.160.90.710.820.78-0.490.030.740.75-0.36-0.140.05
0.960.960.23-0.050.70.960.920.010.90.420.690.50.920.180.760.940.960.92-0.420.470.740.96-0.670.02-0.28
0.990.990.31-0.060.640.990.980.060.90.480.630.420.940.280.810.960.990.95-0.430.450.750.96-0.660.1-0.26
-0.65-0.630.00.68-0.35-0.65-0.550.1-0.56-0.18-0.32-0.19-0.56-0.21-0.28-0.83-0.62-0.520.26-0.63-0.36-0.67-0.66-0.110.66
0.110.09-0.2-0.16-0.120.120.13-0.530.160.68-0.1-0.24-0.040.5-0.070.110.080.06-0.27-0.15-0.140.020.1-0.11-0.04
-0.22-0.20.210.690.04-0.25-0.240.25-0.17-0.090.070.29-0.01-0.430.13-0.41-0.19-0.160.46-0.310.05-0.28-0.260.66-0.04
Click cells to compare fundamentals

Valley National Account Relationship Matchups

Valley National fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding340.1M405.0M410.0M487.8M509.2M534.7M
Total Assets37.5B40.7B43.4B57.5B61.1B64.1B
Short Long Term Debt Total3.6B3.8B2.4B2.1B3.7B2.1B
Other Current Liab(1.1B)(1.1B)(655.7M)358.9M11.7B12.3B
Total Current Liabilities1.1B1.1B655.7M497.6M12.8B13.5B
Total Stockholder Equity4.4B4.6B5.1B6.4B6.7B7.0B
Property Plant And Equipment Net619.7M571.9M585.4M664.9M724.5M760.8M
Net Debt3.1B2.4B369.0M1.1B2.8B1.6B
Retained Earnings443.6M611.2M883.6M1.2B1.5B1.5B
Cash434.7M1.3B2.0B947.9M891.2M460.6M
Non Current Assets Total6.0B5.6B6.0B2.7B59.9B62.9B
Non Currrent Assets Other(154.3M)(170.2M)(161.8M)(5.5B)55.3B58.0B
Other Assets29.3B32.3B34.2B52.3B60.2B63.2B
Cash And Short Term Investments2.0B2.7B3.2B2.2B(284.1M)(269.9M)
Net Receivables105.6M106.2M96.9M196.6M245.5M257.8M
Liabilities And Stockholders Equity37.5B40.7B43.4B57.5B61.1B64.1B
Other Stockholder Equity3.6B3.6B3.9B5.0B5.0B5.2B
Total Liab33.1B36.1B38.4B51.1B54.4B57.1B
Property Plant And Equipment Gross619.7M571.9M585.4M664.9M960.1M1.0B
Total Current Assets2.1B2.8B3.3B2.4B1.1B1.1B
Short Term Debt1.1B1.1B655.7M138.7M1.1B1.2B
Non Current Liabilities Total2.5B2.6B1.8B50.6B41.5B43.6B
Accumulated Other Comprehensive Income(32.2M)(7.7M)(17.9M)(164.0M)(146.5M)(139.1M)
Common Stock Total Equity141.4M141.7M148.5M178.2M204.9M215.2M
Common Stock141.4M141.7M148.5M178.2M178.2M187.1M
Other Liab4.3M2.8M2.7M2.4M2.2M2.1M
Accounts Payable284.7M382.0M35.6B1.3B1.2B1.1B
Long Term Debt55.7M56.1M1.5B1.6B2.4B1.6B
Good Will1.4B1.4B1.5B1.9B2.1B2.3B
Short Term Investments1.6B1.3B1.1B1.3B28.7M27.2M
Inventory(549.7M)(1.4B)(2.2B)(1.2B)38.6M40.5M
Treasury Stock(479K)(225K)(22.9M)(21.7M)(25.0M)(26.3M)
Intangible Assets86.8M70.4M70.4M197.5M160.3M168.3M
Property Plant Equipment334.5M319.8M585.4M358.6M412.3M282.5M
Other Current Assets549.7M1.4B2.2B1.2B1.1B1.1B
Net Tangible Assets2.7B2.9B3.3B4.1B4.7B5.0B
Retained Earnings Total Equity443.6M611.2M883.6M1.2B1.4B1.5B
Long Term Debt Total55.7M56.1M56.4M56.8M51.1M48.5M
Capital Surpluse3.6B3.6B3.9B5.0B5.7B6.0B

Valley National Investors Sentiment

The influence of Valley National's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Valley. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Valley National's public news can be used to forecast risks associated with an investment in Valley. The trend in average sentiment can be used to explain how an investor holding Valley can time the market purely based on public headlines and social activities around Valley National Bancorp. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Valley National's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Valley National's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Valley National's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Valley National.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Valley National in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Valley National's short interest history, or implied volatility extrapolated from Valley National options trading.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Valley National Bancorp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Valley National's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Valley National Bancorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Valley National Bancorp Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Valley National Bancorp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.

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Is Valley National's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Valley National. If investors know Valley will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Valley National listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.36)
Dividend Share
0.44
Earnings Share
0.85
Revenue Per Share
3.457
Quarterly Revenue Growth
(0.14)
The market value of Valley National Bancorp is measured differently than its book value, which is the value of Valley that is recorded on the company's balance sheet. Investors also form their own opinion of Valley National's value that differs from its market value or its book value, called intrinsic value, which is Valley National's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Valley National's market value can be influenced by many factors that don't directly affect Valley National's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Valley National's value and its price as these two are different measures arrived at by different means. Investors typically determine if Valley National is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Valley National's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.