Welcome to our dedicated page for Valley Natl Bancorp news (Ticker: VLY), a resource for investors and traders seeking the latest updates and insights on Valley Natl Bancorp stock.
Valley National Bancorp reports developments tied to its role as the holding company for Valley National Bank, a regional bank serving consumer, commercial, private banking, insurance and wealth management customers. Company news commonly covers quarterly earnings, deposit and loan trends, balance sheet priorities, commercial and industrial banking activity, and expansion of relationship-based banking teams across its multistate footprint.
Recurring updates also include common and preferred stock dividends, share repurchase authorizations, Community Reinvestment Act performance, small business banking initiatives, middle-market commercial customer surveys, and the activities of affiliates such as Dudley Ventures in tax credit advisory services.
Valley National Bancorp (NASDAQ: VLY) reported second quarter 2026 net income of $170.9 million, or $0.29 per diluted share, up from $163.9 million ($0.28) in Q1 2026 and $133.2 million ($0.22) in Q2 2025. Adjusted non-GAAP net income was $172.8 million, or $0.30 per diluted share.
Net interest income on a tax-equivalent basis rose to $488.4 million, with net interest margin improving to 3.20%. Total loans increased $1.6 billion to $52.5 billion, while deposits grew $1.3 billion to $54.1 billion, led by time and non-interest-bearing deposits. The efficiency ratio improved to 52.11%, and annualized adjusted ROA and ROTCE were 1.05% and 12.05%, respectively.
Credit metrics were mixed: the allowance for credit losses for loans was $606.9 million (1.16% of loans), net charge-offs were $22.0 million, and non-accrual loans increased to $462.6 million. Valley issued $500 million of subordinated notes and redeemed $300 million of callable subordinated notes during the quarter.
Valley National Bancorp (NASDAQ: VLY) declared regular quarterly dividends on its preferred and common stock for shareholders of record on September 15, 2026. Preferred dividends payable on September 30, 2026 are $0.501134 per share for Series A, $0.483756 for Series B, and $0.515625 for Series C. A common stock cash dividend of $0.11 per share will be paid on October 1, 2026, unchanged from the previous quarter. According to Valley National Bancorp, the current common dividend should not be viewed as an indicator of future dividend levels.
Valley National Bancorp (NASDAQ:VLY) will release its Q2 2026 earnings before the market opens on Thursday, July 23, 2026. CEO Ira Robbins will host a conference call at 8:30 AM ET to discuss the results, with live webcast and archived replay available.
Valley Bank (NASDAQ: VLY) announced that COO Russell Barrett was named to American Banker’s inaugural 2026 Most Innovative People in Finance list, recognizing 50 executives reshaping financial services.
Barrett leads Valley’s core technology overhaul, cloud migration, AI readiness, and more than 50 recent digital transformation initiatives supporting scalable, long-term growth.
Valley National Bancorp (NASDAQ: VLY) announced two senior appointments to strengthen its consumer banking leadership. Larricia Lumpkins becomes First Senior Vice President, Head of Sales & Service, and Peter Illian becomes First Senior Vice President, Head of Product & Pricing.
According to Valley, the moves align sales, service, product, and pricing to support integrated, customer-focused growth.
Valley National Bancorp (NASDAQ: VLY) published its 2025 Corporate Social Responsibility Report, detailing over $3.6 billion invested in communities served by Valley National Bank.
Key 2024 initiatives focused on affordable housing, community development, small business support, and financial inclusion across New Jersey, New York, Florida, Alabama, California, and Illinois.
Valley National Bancorp (NASDAQ:VLY) declared its regular quarterly preferred and common stock dividends for shareholders of record on June 15, 2026.
Preferred dividends per share are $0.499122 for Series A, $0.481745 for Series B, and $0.515625 for Series C, all payable June 30, 2026. The common dividend is $0.11 per share, payable July 1, 2026, unchanged from the prior quarter and not intended as an indicator of future dividends.
Valley National Bancorp (NASDAQ: VLY) will redeem all outstanding 3.00% Fixed-to-Floating Rate Subordinated Notes due 2031, with an aggregate principal of $300,000,000.
The Notes will be redeemed on June 15, 2026 at 100% of principal plus accrued and unpaid interest to, but excluding, the redemption date. Interest stops accruing after that date.
Valley National Bancorp (NASDAQ:VLY) priced $500 million of 6.219% Fixed-to-Floating Rate Subordinated Notes due 2036. The Notes pay 6.219% semiannually to June 1, 2031, then a floating rate equal to a benchmark, expected to be Three-Month Term SOFR, plus 243 basis points.
The Notes are intended to qualify as Tier 2 capital. According to Valley, net proceeds will help repay its 3.00% fixed-to-floating subordinated notes due June 15, 2031 and fund general corporate purposes. The offering is expected to close on May 14, 2026, subject to customary conditions.
Valley National Bancorp (NASDAQ:VLY) reported Q1 2026 net income of $163.9 million, or $0.28 per diluted share, versus $106.1 million, or $0.18, in Q1 2025. Net interest income (tax equivalent) was $472.8 million and net interest margin was 3.17%. Loans rose to $50.8 billion and deposits to $52.9 billion. Provision for credit losses was $21.2 million; allowance for loan losses was $599.8 million (1.18% of loans). Efficiency ratio improved to 53.10%.