---
schema_version: "secwatch.filing_event.v1"
accession: "0000714310-23-000003"
form_type: "8-K"
ticker: "VLY"
cik: "0000714310"
company_name: "VALLEY NATIONAL BANCORP"
filed_at: "2023-01-26T23:59:59+00:00"
generated_at: "2026-06-20T08:43:22.131385+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Valley National Q4 net income $177.6M ($0.34 EPS), loans grow 15% annualized

## Summary
- Net income $177.6M ($0.34 diluted EPS); adjusted net income $182.9M ($0.35 diluted EPS).
- Net interest income (tax-equiv) $467.2M; NIM 3.57%, down 3 bps QoQ.
- Total loans up $1.7B to $46.9B (15% annualized growth); deposits up $2.3B to $47.6B.
- Provision for credit losses $7.3M; net charge-offs $22.4M largely from one non-performing loan.
- Efficiency ratio 49.30%; ROE 11.23%; tangible ROE 16.70%; capital ratios well-capitalized.

## SEC filing metadata
- accession: 0000714310-23-000003
- form_type: 8-K
- ticker: VLY
- cik: 0000714310
- company_name: VALLEY NATIONAL BANCORP
- filed_at: 2023-01-26T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/714310/000071431023000003/0000714310-23-000003-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/714310/000071431023000003/vly-20230126.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000714310-23-000003
- JSON: https://secwatch.observer/filing/0000714310-23-000003.json
- Plain text: https://secwatch.observer/filing/0000714310-23-000003.txt

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