Valley National Bancorp Declares Its Regular Quarterly Preferred and Common Stock Dividends

Rhea-AI Summary

Valley National Bancorp (NASDAQ:VLY) has announced its regular quarterly dividend distributions for both preferred and common stockholders of record on June 13, 2025. The company declared the following payments:

- Series A Preferred Stock: $0.390625 per share (payable June 30)
- Series B Preferred Stock: $0.514326 per share (payable June 30)
- Series C Preferred Stock: $0.515625 per share (payable June 30)
- Common Stock: $0.11 per share (payable July 1)

The common stock dividend remains unchanged from the previous quarter, though the company notes this shouldn't be used as an indicator for future dividend payments.

Positive

• Maintained stable quarterly common dividend of $0.11 per share
• Consistent dividend payments across all preferred stock series

Negative

• Company warns against using current dividend as indicator for future payments

NEW YORK, May 20, 2025 (GLOBE NEWSWIRE) -- Valley National Bancorp (NASDAQ:VLY) (“Valley”), the holding company for Valley National Bank, announced today its regular preferred and common dividends. The declared quarterly dividends to shareholders of record on June 13, 2025 are as follows:

• A cash dividend of $0.390625 per share to be paid June 30, 2025 on Valley’s Non-Cumulative Perpetual Preferred Stock Series A;

• A cash dividend of $0.514326 per share to be paid June 30, 2025 on Valley’s Non-Cumulative Perpetual Preferred Stock Series B;

• A cash dividend of $0.515625 per share to be paid June 30, 2025 on Valley’s Non-Cumulative Perpetual Preferred Stock Series C; and

• A cash dividend of $0.11 per share will be paid July 1, 2025 on Valley’s common stock.
  

The common stock cash dividend amount per share was unchanged as compared to the previous quarter dividend. The common cash dividend should not be used as an indicator of future dividends to Valley’s common stockholders.

About Valley

As the principal subsidiary of Valley National Bancorp, Valley National Bank is a regional bank with $62 billion in assets. Valley is committed to giving people and businesses the power to succeed. Valley operates many convenient branch locations and commercial banking offices in New Jersey, New York, Florida, Alabama, California, and Illinois and is committed to providing the most convenient service, the latest innovations and an experienced and knowledgeable team dedicated to meeting customer needs. Helping communities grow and prosper is the heart of Valley’s corporate citizenship philosophy. To learn more about Valley, go to www.valley.com or call our Customer Care Center at 800-522-4100.

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 Valley’s business, new and existing programs and products, acquisitions, relationships, opportunities, taxation, technology, market conditions and economic expectations. These statements may be identified by such forward-looking terminology as “intend,” “should,” “expect,” “believe,” “view,” “opportunity,” “allow,” “continues,” “reflects,” “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.

Contact:	Travis Lan
	Senior Executive Vice President and
	Chief Financial Officer
	(973) 686-5007

FAQ

What is Valley National Bancorp's (VLY) current quarterly dividend per share?

Valley National Bancorp's current quarterly common stock dividend is $0.11 per share, payable on July 1, 2025.

When is the record date for Valley National Bancorp's (VLY) Q2 2025 dividend?

The record date for Valley National Bancorp's Q2 2025 dividend is June 13, 2025.

What are the preferred stock dividend rates for Valley National Bancorp (VLY)?

Valley National Bancorp's preferred stock dividends are: Series A ($0.390625), Series B ($0.514326), and Series C ($0.515625) per share.

Has Valley National Bancorp (VLY) changed its common stock dividend in Q2 2025?

No, Valley National Bancorp's common stock dividend remained unchanged at $0.11 per share compared to the previous quarter.