---
schema_version: "secwatch.filing_event.v1"
accession: "0000714310-23-000131"
form_type: "8-K"
ticker: "VLY"
cik: "0000714310"
company_name: "VALLEY NATIONAL BANCORP"
filed_at: "2023-10-26T23:59:59+00:00"
generated_at: "2026-06-09T09:08:21.512705+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Valley National Q3 EPS $0.27 flat QoQ, down YoY; NIM 2.91%

## Summary
- GAAP net income $141.3M ($0.27 diluted EPS); adjusted EPS $0.26; YoY EPS fell from $0.34.
- Net interest income (tax-equiv) $413.7M, down $7.6M QoQ; NIM 2.91% (-3 bps).
- Loans grew 1.8% annualized to $50.1B; deposits up $265.5M to $49.9B.
- Provision for credit losses $9.1M (Q2: $6.3M); net charge-offs $5.5M (Q2: $8.6M).
- Efficiency ratio 56.72% vs 55.59% Q2; CET1 ratio 9.21%; core conversion completed Oct.

## SEC filing metadata
- accession: 0000714310-23-000131
- form_type: 8-K
- ticker: VLY
- cik: 0000714310
- company_name: VALLEY NATIONAL BANCORP
- filed_at: 2023-10-26T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/714310/000071431023000131/0000714310-23-000131-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/714310/000071431023000131/vly-20231026.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000714310-23-000131
- JSON: https://secwatch.observer/filing/0000714310-23-000131.json
- Plain text: https://secwatch.observer/filing/0000714310-23-000131.txt

## Key facts
- Earnings Releases
  VALLEY NATIONAL BANCORP reported financial results for third quarter 2023.
  - Period: third quarter 2023
  - Result: reported results
  source text: On October 26, 2023 , Valley National Bancorp (“Valley”), issued a press release announcing Valley’s financial results for the third quarter 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/714310/000071431023000131/0000714310-23-000131-index.htm

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