{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-26-403391","form_type":"8-K","ticker":"VLY","cik":"0000714310","company_name":"VALLEY NATIONAL BANCORP","filed_at":"2026-09-28T11:36:44+00:00","discovered_at":"2026-09-28T11:40:00.374043+00:00","generated_at":"2026-10-12T13:30:19.691322+00:00","sec_items":["3.02","7.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.72,"calibrated_materiality_score":0.72,"confidence":"high","headline":"Valley National to acquire Bluevine for $340M, ~8% accretive to estimated 2028 EPS","bullets":["Valley will acquire Bluevine Inc. for ~$340M total consideration: ~75% cash (~$255M) and ~6.3M VLY common shares (~25%), subject to customary adjustments.","Bluevine brings $2.1B of digitally-sourced deposits growing at ~35% CAGR from 2023 through Q2 2026, ~175,000 active small business customers, and ~99% non-borrowing depositors.","Deal expected ~8% accretive to estimated 2028 EPS and ~5% tangible book value dilution at closing, with an estimated ~3-year earn-back period.","Adds ~180 R&D and engineering staff in Redwood City, Jersey City, Salt Lake City and Tel Aviv; Bluevine Co-Founder/CEO Eyal Lifshitz will join Valley as Head of Small Business Banking.","Close expected in early 2027 subject to standard regulatory approvals; Cantor Fitzgerald and Wachtell Lipton advise Valley, Financial Technology Partners and Sidley Austin advise Bluevine."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-403391","json":"https://secwatch.observer/filing/0001193125-26-403391.json","markdown":"https://secwatch.observer/filing/0001193125-26-403391.md","text":"https://secwatch.observer/filing/0001193125-26-403391.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/714310/000119312526403391/0001193125-26-403391-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/714310/000119312526403391/d31493d8k.htm"},"model":{"generated_by":"deepseek-v4.1-flash:cloud@v2","generated_at":"2026-10-12T13:30:19.691322+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"}