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 Bank (NASDAQ: VLY) has launched a new innovation platform aimed at enhancing collaboration with fintech companies to better serve customers. This initiative comes in response to rising customer expectations and the rapid evolution of digital banking. The platform, powered by NayaOne, integrates with numerous fintech products, enabling Valley to test new solutions efficiently within a secure environment. Chief Innovation Officer Stuart Cook emphasized that this initiative reflects the bank's commitment to innovation and quicker time-to-market for new offerings. With approximately $57 billion in assets, Valley operates branches across New Jersey, New York, Florida, and Alabama, focusing on delivering advanced financial solutions.
Valley Bank has released its second annual Present and Future of Proptech Report, highlighting the resilience of the Proptech sector amidst economic challenges. In 2022, $4 billion was invested across 213 deals, with notable activity in transaction solutions and property management. The report emphasizes the ongoing transition towards sustainable building practices, with investments focusing on technology that enhances profitability. Key findings include that corporate participants engaged in 45 venture transactions totaling over $1.8 billion, and nontraditional players contributed to 86 deals worth nearly $3 billion. The report also advocates for improved sustainability in real estate operations.
Valley National Bancorp (NASDAQ:VLY) will announce its first quarter 2023 earnings on April 27, 2023, before market opening. CEO Ira Robbins will lead a conference call at 11:00 AM ET to discuss the results. Interested participants must pre-register to obtain the dial-in number and PIN for the call. The session will be available via live webcast and archived on their website until May 29, 2023. Valley National Bank, the main subsidiary, has over $57 billion in assets and operates numerous branches across several states, emphasizing customer support and community growth.
Valley National Bancorp (NASDAQ:VLY) announced regular dividends for shareholders of record on March 15, 2023, to be paid on March 30 and April 3, 2023. The dividends include a cash payment of $0.390625 per share for Non-Cumulative Perpetual Preferred Stock Series A, $0.519241 for Series B, and $0.11 per share for common stock. The common stock dividend remains unchanged from the previous quarter. Valley National Bank, with approximately $57 billion in assets, emphasizes customer service and community growth.
Valley National Bancorp (NASDAQ: VLY) reported a net income of $177.6 million, or $0.34 per diluted share, for Q4 2022, up from $115.0 million, or $0.27 per share, in Q4 2021. Adjusted net income was $182.9 million, or $0.35 per share. Total loans increased by $1.7 billion, reaching $46.9 billion, driven by robust commercial real estate growth. Net interest income rose to $467.2 million. However, non-interest income fell to $52.8 million. Credit quality
Valley National Bancorp (NASDAQ:VLY) will release its fourth quarter 2022 earnings on January 26, 2023, before the market opens. CEO Ira Robbins will host a conference call at 11:00 AM ET to discuss the results. Interested parties can pre-register via the link provided in the announcement to access dial-in details. A live webcast of the call will also be available, along with archived materials on Valley's website through February 27, 2023. Valley National Bank, with approximately $56 billion in assets, operates across multiple states, including New Jersey, New York, and Florida, focusing on customer service and community growth.
Valley National Bancorp (NASDAQ:VLY) declared its quarterly dividends for shareholders of record on December 15, 2022. The dividends include: $0.390625 per share for Non-Cumulative Perpetual Preferred Stock Series A and $0.458295 per share for Series B, both payable on December 30, 2022. Additionally, a cash dividend of $0.11 per share on common stock will be paid on January 3, 2023. Notably, the common stock dividend remains unchanged from the previous quarter.
Valley National Bancorp (NASDAQ:VLY) reported third-quarter 2022 net income of $178.1 million, equating to $0.34 per diluted share, up from $122.6 million or $0.29 per diluted share in Q3 2021. Adjusted net income was $181.5 million or $0.35 per diluted share. Net interest income rose $35.7 million to $455.3 million, driven by organic loan growth. Total loans increased $1.6 billion to $45.2 billion. Non-interest income fell to $56.2 million, while non-interest expenses decreased $38.1 million. The efficiency ratio improved to 49.76%.
Valley National Bancorp (NASDAQ:VLY) will announce its third quarter 2022 earnings on October 27, 2022, before market opening. CEO Ira Robbins will lead a conference call at 11:00 AM ET to discuss the results, accessible via toll-free number 800-715-9871, Conference ID: 9870349. The call will also be available through a live webcast and archived on Valley's website until November 28, 2022. Valley National Bank, a regional bank with over $54 billion in assets, operates across several states, emphasizing customer service and community support.
Valley National Bancorp (NASDAQ: VLY) has released its 2021 Corporate Social Responsibility (CSR) Report, showcasing over
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