{"schema_version":"secwatch.filing_event.v1","accession":"0000714310-24-000159","form_type":"8-K","ticker":"VLY","cik":"0000714310","company_name":"VALLEY NATIONAL BANCORP","filed_at":"2024-10-24T23:59:59+00:00","discovered_at":"2026-05-14T18:03:10.881503+00:00","generated_at":"2026-05-30T10:44:46.697214+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Valley National Q3 net income $97.9M ($0.18 EPS), NIM 2.86%; plans $800M+ CRE loan sale","bullets":["Q3 net income $97.9M ($0.18 EPS), up from $70.4M ($0.13) in Q2; adjusted EPS $0.18.","Net interest margin 2.86% (up 2 bps QoQ); tax-equivalent NII $411.8M, up $8.8M QoQ.","Total loans fell $956.4M to $49.4B, driven by $823.1M CRE loans transferred to held-for-sale.","Provision for credit losses $75.0M, incl. $8M qualitative reserve for Hurricane Helene; net charge-offs $42.9M.","Agreement to sell >$800M performing CRE loans at ~1% discount, expected close Q4 2024."],"urls":{"canonical":"https://secwatch.observer/filing/0000714310-24-000159","json":"https://secwatch.observer/filing/0000714310-24-000159.json","markdown":"https://secwatch.observer/filing/0000714310-24-000159.md","text":"https://secwatch.observer/filing/0000714310-24-000159.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/714310/000071431024000159/0000714310-24-000159-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/714310/000071431024000159/vly-20241024.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-30T10:44:46.697214+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"}