Valley National Bank: Yields and Funding Costs
Data as of · Call Report Schedules RI and RC-K How we update
What the bank earns on its assets, what it pays for its funding, and the spread between them. Net interest margin is the output of the two: it is the engine of earnings for almost every commercial bank.
The biggest quarter-over-quarter change on this page was a small one: Total interest expense edged up 2.4% between Q1 2026 and Q2 2026, to $330.9M. Valley National Bank ranks 22nd of 49 New Jersey banks on net interest margin, in the upper half at 3.27% (Q2 2026). Valley National Bank reported 3.27% on net interest margin for Q2 2026, 0.33 points below the 3.60% median for banks in the $10B-100B asset tier.
Asset yields
| Line item | Q2 2026 |
|---|---|
| Yield on earning assets | 5.44% |
| Yield on loans | — |
| Yield on securities | — |
Funding costs
| Line item | Q2 2026 |
|---|---|
| Cost of funds | 2.36% |
| Cost of interest-bearing deposits | 2.96% |
| Cost of interest-bearing liabilities | 3.05% |
| Cost of borrowings | 4.11% |
Spread and margin
| Line item | Q2 2026 |
|---|---|
| Net interest margin | 3.27% |
| Yield to cost spread | 2.39% |
Interest income and expense
| Line item | Q2 2026 |
|---|---|
| Interest income on loans | $724.3M |
| Total interest expense | $330.9M |
| Interest expense on deposits | $303.7M |
Yields and Funding Costs trend
Last 12 quarters as filed. Every value plotted here also appears in the tables above.
Yields and Funding Costs by quarter
| Quarter | Yield on earning assets | Cost of funds | Net interest margin |
|---|---|---|---|
| Q3 2023 | 5.74% | 2.97% | 3.01% |
| Q4 2023 | 5.80% | 3.15% | 2.91% |
| Q1 2024 | 5.87% | 3.22% | 2.88% |
| Q2 2024 | 5.88% | 3.21% | 2.93% |
| Q3 2024 | 5.98% | 3.28% | 2.94% |
| Q4 2024 | 5.75% | 2.98% | 3.00% |
| Q1 2025 | 5.53% | 2.70% | 3.04% |
| Q2 2025 | 5.60% | 2.73% | 3.09% |
| Q3 2025 | 5.65% | 2.76% | 3.11% |
| Q4 2025 | 5.56% | 2.53% | 3.23% |
| Q1 2026 | 5.39% | 2.34% | 3.22% |
| Q2 2026 | 5.44% | 2.36% | 3.27% |
Valley National Bank yields and funding costs, all the way back
Yields and Funding Costs back to 2001 · peer percentiles on every line item · Excel export
Unlock Valley National Bank, freeSource: Call Report Schedules RI and RC-K, as filed with the FFIEC and standardized by BankRegReports. Dollar amounts are as reported, point-in-time; income statement items are year-to-date through the report date. See the full Valley National Bank profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 9396) · FFIEC NIC profile (RSSD 229801)