---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-193981"
form_type: "8-K"
ticker: "VLY"
cik: "0000714310"
company_name: "VALLEY NATIONAL BANCORP"
filed_at: "2024-08-05T23:59:59+00:00"
generated_at: "2026-05-31T13:16:54.118549+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Valley National issues 6M shares of 8.25% Fixed-Rate Reset Preferred Series C

## Summary
- Issued 6,000,000 shares of 8.250% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock (Series C) at $25 liquidation preference per share.
- Dividends fixed at 8.250% through September 29, 2029, then reset to 5-year UST rate plus 4.182% quarterly.
- Series C ranks senior to common stock and on parity with existing Series A and B preferred stock.
- Public offering underwritten by Morgan Stanley, BofA Securities, J.P. Morgan, UBS, Wells Fargo, and KBW.

## SEC filing metadata
- accession: 0001193125-24-193981
- form_type: 8-K
- ticker: VLY
- cik: 0000714310
- company_name: VALLEY NATIONAL BANCORP
- filed_at: 2024-08-05T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 3.03, 5.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/714310/000119312524193981/0001193125-24-193981-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/714310/000119312524193981/d874734d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-193981
- JSON: https://secwatch.observer/filing/0001193125-24-193981.json
- Plain text: https://secwatch.observer/filing/0001193125-24-193981.txt

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