---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-364239"
form_type: "8-K"
ticker: "VLY"
cik: "0000714310"
company_name: "VALLEY NATIONAL BANCORP"
filed_at: "2026-08-25T12:44:06+00:00"
generated_at: "2026-08-25T12:45:07.704094+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Valley National to buy Providence Financial for $247M; ~2% EPS accretive at close

## Summary
- Deal: 4.3854 Valley shares + $21.47 cash per Providence share; total ~$247M based on VLY $14.10 close.
- Providence: ~$1.6B assets, $1.3B deposits, $1.1B loans, $800M wealth AUM across 14 branches as of 6/30/26.
- Expected ~2% accretive to EPS, <1% dilutive to tangible book value; earnback <3 years.
- Pro forma combined: ~$67.9B assets, $55.5B deposits, $53.5B loans; ~$1.6B Chicago deposits.
- Close expected early 2027, pending Providence shareholder approval and regulatory clearance.

## SEC filing metadata
- accession: 0001193125-26-364239
- form_type: 8-K
- ticker: VLY
- cik: 0000714310
- company_name: VALLEY NATIONAL BANCORP
- filed_at: 2026-08-25T12:44:06+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/714310/000119312526364239/0001193125-26-364239-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/714310/000119312526364239/d149125d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-364239
- JSON: https://secwatch.observer/filing/0001193125-26-364239.json
- Plain text: https://secwatch.observer/filing/0001193125-26-364239.txt

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