Valley National Bancorp (VLY)
Valley National Bancorp Accruals: -106.87M
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VLY Accruals Rankings
| Overall | 10th percentile | 3847 of 4310 |
| Sector | 8th percentile | 789 of 862 in Financial |
| Industry | 2nd percentile | 67 of 69 in Regional - Northeast Banks |
VLY Accruals Range, Past 5 Years
| Minimum | -448.55M | Mar 2008 |
| Maximum | 50.69M | Mar 2009 |
| Average | -90.71M |
About Accruals
Accruals are the non-cash net income earned by a business as a result of accrual based accounting. Mathematically, they are Net Income less Cash Flows from Operations.
Businesses with large positive accruals generally have large non-cash earnings like sales on account that have not yet been paid by customers. Those with negative accruals often are paid up-front for services and recognize the revenue over time as they perform the pre-paid service (newspapers are a good example of this type of business), or they may have large non-cash expenses such as depreciation.
Beware businesses that have large positive accruals over long periods of time. They are a signal of low quality earnings numbers (earnings without much actual cash behind them, in a simple sense). Accruals are also a key element of the Beneish M-Score which detects earnings manipulation, and companies with higher accruals relative to their assets are more likely to have been manipulating earnings.
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VLY News
May 23, 5:37PM Street Insider
May 23, 5:37PM PR Newswire
about 29 days ago by RecogniaEvents
Apr 26, 5:53PM Seeking Alpha
Apr 23, 8:15AM Marketwire
Jan 26, 5:08PM Seeking Alpha
about 127 days ago by earningscast
Jan 26, 7:00AM PR Newswire
about 165 days ago by MarketBrief
Dec 16, 3:57PM Benzinga
about 178 days ago by MarketBrief
Nov 15, 8:07AM Street Insider
Nov 15, 8:03AM PR Newswire
about 207 days ago by MarketBrief
about 220 days ago by ycharts
about 347 days ago by chartly
about 347 days ago by STNet
about 347 days ago by harmongreg
about 372 days ago by Bullogic
about 386 days ago by abtrader
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| VLY | 10.73 | -0.46 | -4.11% | 2.204B |
| VLTR | 26.07 | -1.71 | -6.16% | 703.39M |
| VLT | 16.96 | +0.04 | +0.24% | |
| VLO | 20.68 | -0.42 | -1.99% | 11.71B |
| VLNC | 0.6601 | -0.08 | -10.80% | 125.79M |
| VLGEA | 24.40 | -0.60 | -2.40% | 342.00M |
| VLCCF | 9.07 | -0.21 | -2.26% | 226.71M |
| VLAT | 36.05 | +0.00 | +0.00% | |
| VKQ | 15.05 | -0.03 | -0.20% | |
| VKL | 13.07 | -0.02 | -0.15% |