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 (NASDAQ: VLY), the holding company for Valley National Bank, regularly issues news and updates that reflect its activities as a regional commercial bank. As the principal subsidiary, Valley National Bank is described as a regional bank with approximately $63 billion in assets and operations across New Jersey, New York, Florida, Alabama, California, and Illinois. News coverage often highlights its relationship-based banking philosophy, commercial growth initiatives, and community investment efforts.
Readers of this page can find announcements related to earnings, dividends, and financial performance, such as quarterly results and regular preferred and common stock dividend declarations. These updates provide insight into Valley’s net interest income, loan and deposit trends, credit quality metrics, and overall profitability, as reported in its public communications and related Form 8-K filings.
Valley’s news flow also includes leadership appointments and market expansion updates. Recent releases have detailed the hiring of senior executives to lead commercial banking in New Jersey, the Philadelphia and South Jersey region, and California, as well as the appointment of a head of asset-based lending. These items illustrate how the bank is building its commercial platform and expanding its presence across key geographies and business segments.
Another important theme in Valley’s news is its focus on community and corporate citizenship. The bank has reported on education-focused philanthropy in New Jersey and Florida and on broader community development investments supporting low-to-moderate income individuals and neighborhoods. Brand and marketing initiatives, such as the "That’s How" campaign, are also covered, showing how Valley presents its nearly century-long history and relationship-driven identity. Investors, analysts, and customers can use this news page to follow Valley’s financial reporting, strategic initiatives, and community-oriented activities over time.
Valley National Bancorp (NASDAQ: VLY) will release its second quarter 2024 earnings before the market opens on Thursday, July 25, 2024. CEO Ira Robbins will discuss the earnings during a conference call at 11:00 AM (ET) the same day. Interested parties can pre-register to receive the necessary dial-in information and personal PIN for the call. The teleconference will be webcast live and archived on Valley's website until September 2, 2024. Investor presentation materials will be available prior to the call at www.valley.com.
Valley National Bancorp (NASDAQ: VLY) announced the appointment of John P. Regan as Senior Executive Vice President—Chief Risk Officer, effective June 24, 2024. Regan will succeed Raja A. Dakkuri, who is leaving the company. Regan brings over 30 years of banking industry experience, having held senior roles at KPMG, Investors Bancorp, and the Industrial and Commercial Bank of China. He will report directly to CEO Ira Robbins and oversee Valley's enterprise risk management program. CEO Robbins expressed confidence in Regan’s ability to enhance Valley's risk management framework and culture.
Valley National Bancorp (NASDAQ:VLY) has declared regular quarterly dividends for its preferred and common stockholders.
Preferred stockholders will receive $0.390625 per share on Series A and $0.577693 per share on Series B. These will be paid on July 1, 2024, and June 28, 2024, respectively.
Common stockholders will receive $0.11 per share, to be paid on July 2, 2024. The common stock dividend remains unchanged from the previous quarter.
Record date for all dividends is June 13, 2024, and the announcement emphasizes that the common cash dividend should not be used as an indicator for future dividends.
Valley National Bancorp (NASDAQ: VLY) released its 2023 Corporate Social Responsibility (CSR) Report, investing over $3 billion in supporting communities across various states. The report highlights significant contributions in community development loans, multi-family and residential mortgage loans, community development investments, loans for small businesses, and charitable donations. Valley's CSR initiatives focus on affordable housing, entrepreneurship, economic and community development, and local leadership.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Summary not available.