earnings
confidence high
sentiment neutral
materiality 0.70
Valley National Q1 2026 net income $163.9M; EPS $0.28, adjusted $0.29
VALLEY NATIONAL BANCORP
2026-Q1 EPS reported
$0.28
- GAAP EPS of $0.28 vs $0.33 in Q4 2025; adjusted EPS of $0.29 vs $0.31.
- Net interest income (tax-equivalent) $472.8M, up $6.7M from Q4 2025; NIM flat at 3.17%.
- Total deposits grew $676.5M to $52.9B; direct customer deposits up $955M, brokered down $278.5M.
- Net charge-offs $17.5M, down from $22.6M in Q4 2025; provision for credit losses $21.2M.
- Repurchased 4.0M shares at avg $12.95; capital ratios slightly declined (CET1 10.91% vs 10.99%).
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