VALLEY NATIONAL BANCORP shareholders approved Ratification of appointment of KPMG LLP as independent registered public accounting firm for fiscal year ending December 31, 2026 at the 2026-05-18 meeting.
“Proposal #3 – Ratified the appointment of KPMG LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2026. The number of votes cast “For” and “Against” this proposal, as well as the number of abstentions and broker non-votes, was as follows: Number of Votes For 495,529,819 Against 1,904,015 Abstained 591,405 Broker Non-Votes 0”
Shareholder Votes
VALLEY NATIONAL BANCORP shareholders approved Advisory approval of the compensation of the Company’s named executive officers at the 2026-05-18 meeting.
“Proposal #2 – Approved, on an advisory basis, the compensation of the Company’s named executive officers. The number of votes cast “For” and “Against” this proposal, as well as the number of abstentions and broker non-votes, was as follows: Number of Votes For 428,491,622 Against 8,976,268 Abstained 2,064,343 Broker Non-Votes 58,493,006”
Shareholder Votes
VALLEY NATIONAL BANCORP shareholders approved Election of 11 directors named in the Proxy Statement at the 2026-05-18 meeting.
“Proposal #1 – Voted on the election of 11 persons, named in the Proxy Statement, to serve as directors of the Company for the ensuing year constituting the entire Board of Directors. The following is a list of directors elected at the Annual Meeting with the number of votes cast “For,” and “Against” each director nominee, as well as the number of abstentions and broker non-votes.”
Material Agreements
VALLEY NATIONAL BANCORP entered into First Supplemental Indenture with U.S. Bank Trust Company, National Association valued at $500,000,000 (effective 2026-05-14).
“On the Closing Date, the Company entered into a First Supplemental Indenture with U.S. Bank Trust Company, National Association, as trustee (the “Trustee”), in connection with the issuance and terms of the Notes (the “First Supplemental Indenture”).”
Debt Financings
VALLEY NATIONAL BANCORP incurred senior notes of $500,000,000 aggregate principal amount with U.S. Bank Trust Company, National Association at 6.219% Fixed-to-Floating Rate maturing June 1, 2036.
“on May 14, 2026 (the “Closing Date”), Valley National Bancorp (the “Company”) completed the issuance and sale (the “Offering”) of $500,000,000 aggregate principal amount of the Company’s 6.219% Fixed-to-Floating Rate Subordinated Notes due 2036 (the “Notes”).”
Earnings Releases
VALLEY NATIONAL BANCORP reported first quarter 2026 results: net income 163.9 million, EPS 0.28.
“Valley National Bancorp ( NASDAQ:VLY ), the holding company for Valley National Bank, today reported net income for the first quarter 2026 of $163.9 million, or $0.28 per diluted common share”
Ira Robbins changed role as President at VALLEY NATIONAL BANCORP.
“Ira Robbins, the Company’s Chief Executive Officer, will assume the additional role of President of the Company and the Bank effective upon Mr. Iadanza’s retirement.”
Thomas A. Iadanza retired as President at VALLEY NATIONAL BANCORP.
“In connection with the previously announced retirement of Thomas A. Iadanza from his position as President of Valley National Bancorp (the “Company”) and Valley National Bank (the “Bank”) effective June 30, 2025, Ira Robbins, the Company’s Chief Executive Officer, will assume the additional role of President of the Company and the Bank effective upon Mr. Iadanza’s retirement.”
Eyal Efrat was appointed as Director at VALLEY NATIONAL BANCORP.
“On March 12, 2025, the Board of Directors (the “Board”) of Valley National Bancorp (the “Company”) appointed Eyal Efrat as a director of the Company”
Avner Mendelson resigned as Director at VALLEY NATIONAL BANCORP.
“Avner Mendelson, a prior designee of Bank Leumi under the Investor Rights Agreement, tendered his resignation to the Board on January 24, 2025.”
Russell Barrett was appointed as Chief Operating Officer at VALLEY NATIONAL BANCORP.
“Russell Barrett has been appointed as Senior Executive Vice President, Chief Operating Officer effective immediately”
Gino Martocci was appointed as President of Commercial Banking at VALLEY NATIONAL BANCORP.
“the appointment of Gino Martocci as the Company’s new Senior Executive Vice President, President of Commercial Banking effective March 31, 2025”
Joseph V. Chillura changed role as President of Commercial Banking at VALLEY NATIONAL BANCORP.
“Joseph V. Chillura, Senior Executive Vice President, President of Commercial Banking, will transition out of the President of Commercial Banking role effective March 31, 2025”
Avner Mendelson resigned as Director at VALLEY NATIONAL BANCORP.
“On January 24, 2025, Avner Mendelson, a non-employee director on the board of directors (the “Board”) of Valley National Bancorp (the “Company”), notified the Company of his intention to resign from the Board effective immediately.”
Nitzan Sandor was appointed as director at VALLEY NATIONAL BANCORP.
“On November 14, 2024, the Board of Directors (the “Board”) of Valley National Bancorp (the “Company”) appointed Nitzan Sandor as a director of the Company”
Travis Lan was appointed as interim Chief Financial Officer at VALLEY NATIONAL BANCORP.
“Travis Lan, the Company’s current Executive Vice President and Deputy Chief Financial Officer, will assume the duties of interim Chief Financial Officer on the effective date of Mr. Hagedorn’s separation from service.”
Michael Hagedorn departed as Senior Executive Vice President and Chief Financial Officer at VALLEY NATIONAL BANCORP.
“On October 30, 2024, Valley National Bancorp (the “Company”) announced that Michael Hagedorn will separate from service as Senior Executive Vice President and Chief Financial Officer of the Company effective as of November 30, 2024.”
Dafna Landau resigned as Director at VALLEY NATIONAL BANCORP.
“Ms. Landau, who was appointed to the Board as the designee of Bank Leumi, has separated from employment with Bank Leumi, and in connection with the Notice, Ms. Landau has tendered her resignation from the Board.”
John P. Regan was appointed as Senior Executive Vice President—Chief Risk Officer at VALLEY NATIONAL BANCORP.
“The Board has appointed Mr. John P. Regan as Senior Executive Vice President—Chief Risk Officer of the Company effective following Mr. Dakkuri’s resignation.”
Raja A. Dakkuri resigned as Senior Executive Vice President—Chief Risk Officer at VALLEY NATIONAL BANCORP.
“On June 3, 2024, Mr. Raja A. Dakkuri provided Valley National Bancorp (the “Company”) with notice of his intent to resign from his position as Senior Executive Vice President—Chief Risk Officer of the Company effective June 21, 2024.”
Earnings Releases
VALLEY NATIONAL BANCORP reported first quarter 2024 results: net income $99.4 million, EPS $0.19 per diluted common share.
“Excluding all non-core income and charges, our adjusted net income (a non-GAAP measure) was $99.4 million, or $0.19 per diluted common share, for the first quarter 2024, $116.3 million, or $0.22 per diluted common share, for the fourth quarter 2023, and $154.5 million, or $0.30 per diluted common share, for the first quarter 2023.”
Earnings Releases
VALLEY NATIONAL BANCORP reported fourth quarter 2023 results: net income $71.6 million, or $0.13 per diluted common share.
“Valley National Bancorp (“Valley”) issued a press release announcing fourth quarter 2023 results of operations.”
Earnings Releases
VALLEY NATIONAL BANCORP reported financial results for third quarter 2023.
“On October 26, 2023 , Valley National Bancorp (“Valley”), issued a press release announcing Valley’s financial results for the third quarter 2023.”
Kathleen C. Perrott was appointed as Director at VALLEY NATIONAL BANCORP.
“On September 18, 2023, the Board of Directors (the “Board”) of Valley National Bancorp (the “Company”) increased the size of the Board from 13 to 14 members and, upon the recommendation of the Nominating, Governance and Corporate Sustainability Committee of the Board, appointed Kathleen C. Perrott as a director of the Company to fill the vacancy created by such increase, to serve until the next annual meeting of stockholders of the Company.”
Earnings Releases
VALLEY NATIONAL BANCORP reported second quarter 2023 results: net income 139.1 million, EPS 0.27.
“Valley National Bancorp ( NASDAQ:VLY ), the holding company for Valley National Bank, today reported net income for the second quarter 2023 of $139.1 million, or $0.27 per diluted common share, as compared to the second quarter 2022 net income of $96.4 million, or $0.18 per diluted common share, and net income of $146.6 million, or $0.28 per diluted common share, for the first quarter 2023.”
Shareholder Votes
VALLEY NATIONAL BANCORP shareholders approved Approval of Valley National Bancorp 2023 Incentive Compensation Plan at the 2023-04-25 meeting.
“Approved the Valley National Bancorp 2023 Incentive Compensation Plan.”
Shareholder Votes
VALLEY NATIONAL BANCORP shareholders approved Ratification of KPMG LLP as independent auditor at the 2023-04-25 meeting.
“Ratified the appointment of KPMG LLP as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2023.”
Shareholder Votes
VALLEY NATIONAL BANCORP shareholders approved Advisory vote on frequency of say-on-pay (1, 2, or 3 years) - preference for 1 year at the 2023-04-25 meeting.
“Voted, on an advisory basis, in favor of holding an advisory vote on executive compensation every "1 Year."”
Shareholder Votes
VALLEY NATIONAL BANCORP shareholders approved Advisory vote on executive compensation at the 2023-04-25 meeting.
“Approved, on an advisory basis, the compensation of the Company's named executive officers.”
Shareholder Votes
VALLEY NATIONAL BANCORP shareholders approved Election of 13 directors at the 2023-04-25 meeting.
“The Company held its Annual Meeting of Shareholders on April 25, 2023.”
Earnings Releases
VALLEY NATIONAL BANCORP reported first quarter 2023 results: net income $146.6 million, EPS $0.28 per diluted common share.
“Valley National Bancorp ( NASDAQ:VLY ), the holding company for Valley National Bank, today reported net income for the first quarter 2023 of $146.6 million, or $0.28 per diluted common share, as compared to the first quarter 2022 net income of $116.7 million, or $0.27 per diluted common share, and net income of $177.6 million, or $0.34 per diluted common share, for the fourth quarter 2022.”
Dafna Landau was appointed as director at VALLEY NATIONAL BANCORP.
“On February 28, 2023, the Board of Directors (the “Board”) of Valley National Bancorp (the “Company”) appointed Dafna Landau as a director of the Company.”
Ronen Agassi resigned as Director at VALLEY NATIONAL BANCORP.
“On January 20, 2023, Ronen Agassi, a non-employee director on the board of directors (the “Board”) of Valley National Bancorp (the “Company”), notified the Company of his intention to resign from the Board effective February 28, 2023.”
Earnings Releases
VALLEY NATIONAL BANCORP reported second quarter 2022 results: net income $96.4 million, EPS $0.18 per diluted common share.
“net income of $96.4 million, or $0.18 per diluted common share, for the second quarter 2022”
Earnings Releases
VALLEY NATIONAL BANCORP reported third quarter 2021 results: net income $122.6 million, EPS $0.29 per diluted common share.
“third quarter 2021 earnings of $122.6 million, or $0.29 per diluted common share”
Earnings Releases
VALLEY NATIONAL BANCORP reported third quarter 2022 results: net income $178.1 million, EPS $0.34 per diluted common share.
“Valley National Bancorp ( NASDAQ:VLY ), the holding company for Valley National Bank, today reported net income for the third quarter 2022 of $178.1 million, or $0.34 per diluted common share”
Ronen Agassi was appointed as director at VALLEY NATIONAL BANCORP.
“Avner Mendelson and Ronen Agassi (collectively, the “New Directors”) being appointed to fill the newly created vacancies on the Valley Board.”
Avner Mendelson was appointed as director at VALLEY NATIONAL BANCORP.
“Avner Mendelson and Ronen Agassi (collectively, the “New Directors”) being appointed to fill the newly created vacancies on the Valley Board.”
Robert J. Bardusch departed as Chief Operating Officer at VALLEY NATIONAL BANCORP.
“On February 17, 2022, Valley National Bancorp (the “Company”) announced that Robert J. Bardusch, Senior Executive Vice President and Chief Operating Officer, will leave the Company and Valley National Bank effective April 1, 2022.”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.