Valley National Bancorp Announces Adoption of Share Repurchase Program
Rhea-AI Summary
Valley National Bancorp (NASDAQ:VLY) announced a new share repurchase program authorizing up to 25 million shares. The new authorization becomes effective April 27, 2026 and expires April 27, 2028. Repurchases may occur via open market trades or Rule 10b5-1 plans.
Timing and amounts will depend on price, business and market conditions; the program does not obligate Valley to repurchase any specific number of shares and may be suspended at Valley’s discretion.
Positive
- Authorization up to 25 million shares
- Two-year repurchase window Apr 27, 2026–Apr 27, 2028
- Permits Rule 10b5-1 plans and open-market purchases
Negative
- No binding obligation to repurchase any shares
- Repurchases subject to market and business conditions
- Program may be suspended or discontinued at Valley’s discretion
News Market Reaction – VLY
In the Feb 25 session, VLY gained 2.33%, reflecting a moderate positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Historical Context
| Date | Event | Sentiment | 24h Move | Catalyst |
|---|---|---|---|---|
| Feb 19 | Middle-market survey | Positive | -2.6% | Survey showed strong 2025 performance but rising external pressures for clients. |
| Feb 11 | Leadership additions | Positive | -1.8% | New executives appointed to drive partner banking, digital channels, and customer care. |
| Jan 29 | Q4 2025 earnings | Positive | +3.3% | Reported higher net income, improved net interest margin, and growth in loans and deposits. |
| Jan 14 | Brand campaign launch | Positive | +0.6% | Launched national 'That’s How' campaign emphasizing relationship-led banking and community impact. |
| Jan 08 | Earnings date notice | Neutral | +1.7% | Announced timing and access details for the Q4 2025 earnings release and call. |
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Recent VLY headlines often saw modest price reactions, with some soft trading on generally constructive news but a stronger positive move on solid quarterly results.
Over the last few months, Valley National Bancorp has highlighted commercial client momentum, new leadership for partner banking and digital channels, and a national brand campaign ahead of its 100-year anniversary. The company also reported strong Q4 2025 results with higher net income and improved margins. These updates, combined with scheduled earnings communications, show an emphasis on growth, branding, and financial performance. The new buyback authorization fits into this pattern of capital and franchise positioning rather than a shift in strategy.
Key Terms
rule 10b5-1 regulatory
securities and exchange commission regulatory
AI-generated analysis. How Rhea-AI works. Not financial advice.
NEW YORK, Feb. 24, 2026 (GLOBE NEWSWIRE) -- Valley National Bancorp (NASDAQ:VLY) (“Valley”), the holding company for Valley National Bank, announced today that its Board of Directors approved a new stock repurchase program in an amount up to 25 million shares of Valley common stock. Valley’s current stock repurchase program, unless terminated sooner, is set to expire on April 26, 2026. The authorization to repurchase under the new repurchase program will be effective on April 27, 2026 and will expire on April 27, 2028. The timing and actual number of shares repurchased will depend on a variety of factors, including price, general business and market conditions, and alternative investment opportunities.
Under the new repurchase program, repurchases can be made from time to time using a variety of methods, including open market purchases and through the use of Rule 10b5-1 trading plans, all in compliance with the rules of the Securities and Exchange Commission and other applicable legal requirements. The program does not obligate Valley to acquire any particular amount of shares, and may be suspended or discontinued at any time at Valley’s discretion.
About Valley
As the principal subsidiary of Valley National Bancorp (NASDAQ: VLY), Valley National Bank is a regional financial institution with approximately
Forward Looking Statements
The foregoing contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements are not historical facts and include expressions about management’s confidence and strategies and management’s expectations about our business, new and existing programs and products, acquisitions, relationships, opportunities, taxation, technology, market conditions and economic expectations. These statements may be identified by forward-looking terminology such as “intend,” “should,” “expect,” “believe,” “view,” “opportunity,” “allow,” “continues,” “reflects,” “would,” “could,” “typically,” “usually,” “anticipate,” “may,” “estimate,” “outlook,” “project” or similar statements or variations of such terms. Such forward-looking statements involve certain risks and uncertainties. Valley’s actual results may differ materially from such forward-looking statements. Factors that may cause actual results to differ materially from those contemplated by such forward-looking statements include, but are not limited to those risk factors disclosed in Valley’s Annual Report on Form 10-K for the year ended December 31, 2024. We undertake no duty to update any forward-looking statement to conform the statement to actual results or changes in our expectations, except as required by law. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements.
Contact: Travis Lan
Senior Executive Vice President and
Chief Financial Officer
(973) 686-5007
