Here are the 424B prospectus supplements from Valley National Bancorp 6.25% Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series A (VLYPP) in our archive over the last 12 months, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 424B covers the supplement that carries the terms of a priced offering, so if you follow VLYPP and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full VLYPP filings page.
Valley National Bancorp (VLY) and Providence Financial Corporation have agreed to a merger in which Providence will merge into Valley. Immediately afterward, Providence Bank & Trust will merge into Valley National Bank. If completed, each Providence common share entitled to consideration under the merger agreement will carry the right to receive $21.47 in cash and 4.3854 Valley shares; cash will be paid instead of fractional shares.
Based on Providence common stock and net option shares outstanding as of October 26, 2026, Valley expects to issue approximately 12,991,716 shares and pay approximately $63,604,722 in cash to their holders in the aggregate. At VLY’s October 26, 2026 closing price of $14.05, the stated implied value was approximately $83.08 per Providence share; that value will fluctuate with Valley’s share price.
Providence shareholders will vote on the merger at a special meeting on December 14, 2026. Approval requires at least a majority of the voting power of outstanding shares entitled to vote. The companies expect to complete the merger in early 2027, subject to shareholder approval, regulatory approvals and other closing conditions. Providence’s board unanimously recommends voting for both proposals.
Valley National Bancorp is offering $500,000,000 of 6.219% fixed-to-floating subordinated notes due June 1, 2036. The notes pay 6.219% through June 1, 2031, then a floating rate equal to Three-Month Term SOFR plus 2.43%. Net proceeds are approximately $495.8 million, intended to redeem the 3.00% subordinated notes due June 15, 2031 and for general corporate purposes.
The notes are unsecured, subordinated obligations of Valley National Bancorp, intended to qualify as Tier 2 capital, rank junior to Senior Debt, and are structurally subordinated to subsidiaries’ liabilities. Redemptions at the issuer’s option may begin on June 1, 2031, subject to prior Federal Reserve approval. Settlement is expected on May 14, 2026 (T+3).
Valley National Bancorp is offering subordinated fixed-to-floating rate notes due 2036. The notes pay a fixed rate until 2031, then convert to a floating rate expected to be Three-Month Term SOFR plus a spread measured in basis points. The offering is unsecured, subordinated to Senior Debt, pari passu with existing subordinated notes, and callable beginning 2031 subject to Federal Reserve approval. Net proceeds are intended to redeem the 3.00% fixed-to-floating subordinated notes due June 15, 2031 and for general corporate purposes.