• Valley National Bancorp average pre-tax profit margin for 2023 was 27.23%, a 28.74% decline from 2022.
• Valley National Bancorp average pre-tax profit margin for 2022 was 38.21%, a 5.68% decline from 2021.
• Valley National Bancorp average pre-tax profit margin for 2021 was 40.51%, a 38.12% decline from 2020.

Pre-tax profit margin can be defined as earnings before taxes as a portion of total revenue.