{"schema_version":"secwatch.filing_event.v1","accession":"0000714310-22-000116","form_type":"8-K","ticker":"VLY","cik":"0000714310","company_name":"VALLEY NATIONAL BANCORP","filed_at":"2022-07-28T23:59:59+00:00","discovered_at":"2026-05-14T18:03:57.976021+00:00","generated_at":"2026-06-24T07:45:47.686136+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Valley National Q2 adjusted EPS $0.32; NIM expands 27bps to 3.43%; Bank Leumi acquisition adds $5.9B loans","bullets":["Adjusted net income $165.8M ($0.32/diluted) vs $126.6M ($0.30) in Q2 2021; GAAP net income $96.4M ($0.18) includes $69.4M after-tax merger costs.","Net interest margin (tax-equivalent) rose 27 bps QoQ to 3.43%; net interest income $419.6M, up $101.2M from Q1.","Loans grew $8.2B to $43.6B including $5.9B from Bank Leumi; organic loan growth annualized 26% across commercial, CRE, and residential.","Provision for credit losses $43.7M, largely $41M for non-PCD acquired loans; allowance for credit losses 1.13% of total loans.","Tangible ROE (adjusted) 16.05%, efficiency ratio 50.78%; strong core operating results driven by margin expansion and acquisition synergies."],"urls":{"canonical":"https://secwatch.observer/filing/0000714310-22-000116","json":"https://secwatch.observer/filing/0000714310-22-000116.json","markdown":"https://secwatch.observer/filing/0000714310-22-000116.md","text":"https://secwatch.observer/filing/0000714310-22-000116.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/714310/000071431022000116/0000714310-22-000116-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/714310/000071431022000116/vly-20220728.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-24T07:45:47.686136+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}