secwatch.observer — SEC 8-K summary
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Issuer:     VALLEY NATIONAL BANCORP (VLY)
CIK:        0000714310
Form:       8-K
Filed at:   2026-04-23T23:59:59+00:00
Accession:  0000714310-26-000020
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Valley National Q1 2026 net income $163.9M; EPS $0.28, adjusted $0.29
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- 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%).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/714310/000071431026000020/0000714310-26-000020-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/714310/000071431026000020/vly-20260423.htm
  HTML page:      https://secwatch.observer/filing/0000714310-26-000020

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer