---
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"
generated_at: "2026-10-12T13:30:19.691322+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.72
calibrated_materiality_score: 0.72
confidence: "high"
source: SEC EDGAR
---

# Valley National to acquire Bluevine for $340M, ~8% accretive to estimated 2028 EPS

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.72
- calibrated_materiality_score: 0.72
- confidence: high
- sec_items: 3.02, 7.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-403391
- JSON: https://secwatch.observer/filing/0001193125-26-403391.json
- Plain text: https://secwatch.observer/filing/0001193125-26-403391.txt

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