---
schema_version: "secwatch.filing_event.v1"
accession: "0000714310-22-000081"
form_type: "8-K"
ticker: "VLY"
cik: "0000714310"
company_name: "VALLEY NATIONAL BANCORP"
filed_at: "2022-04-28T23:59:59+00:00"
generated_at: "2026-06-26T03:40:43.629502+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Valley National Q1 net income $116.7M; loans up $1.2B; Bank Leumi USA acquisition closed Apr 1

## Summary
- Net income $116.7M ($0.27 diluted EPS); adjusted net income $120.3M ($0.28 diluted EPS).
- Total loans grew $1.2B to $35.4B; non-PPP loan growth 17.1% annualized.
- Net interest margin (tax-equivalent) 3.16%, down 7 bps linked quarter; core NIM stable ex-PPP.
- Non-accrual loans 0.65% of total loans; net recoveries of $50K.
- Closed acquisition of Bank Leumi USA on April 1, 2022.

## SEC filing metadata
- accession: 0000714310-22-000081
- form_type: 8-K
- ticker: VLY
- cik: 0000714310
- company_name: VALLEY NATIONAL BANCORP
- filed_at: 2022-04-28T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/714310/000071431022000081/0000714310-22-000081-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/714310/000071431022000081/vly-20220428.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000714310-22-000081
- JSON: https://secwatch.observer/filing/0000714310-22-000081.json
- Plain text: https://secwatch.observer/filing/0000714310-22-000081.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.