Highest-materiality recent filing
Valley National issues $500M 6.219% sub notes due 2036; redeems $300M 3.00% notes
Issued $500M aggregate principal of 6.219% Fixed-to-Floating Subordinated Notes due June 1, 2036; net proceeds ~$494.1M.
Valley National Q1 2026 net income $163.9M; EPS $0.28, adjusted $0.29
GAAP EPS of $0.28 vs $0.33 in Q4 2025; adjusted EPS of $0.29 vs $0.31.
Valley National Q4 2025 net income $195M ($0.33 EPS); NIM expands to 3.17%; loans +$864M
Net income $195.4M ($0.33 diluted EPS) vs $163.4M ($0.28) in Q3 2025 and $115.7M ($0.20) in Q4 2024.
Valley National Q3 net income $163.4M ($0.28 EPS) vs $97.9M a year ago; NIM expands to 3.05%
Adjusted EPS $0.28, up from $0.22 in Q2 and $0.18 in Q3 2024; net interest income $447.5M (+$35.7M YoY).
Valley National Q2 net income $133.2M ($0.22 EPS) vs $106.1M Q1; NIM expands to 3.01%
Net income $133.2M ($0.22 diluted) vs $106.1M ($0.18) Q1 2025 and $70.4M ($0.13) Q2 2024; adjusted EPS $0.23.
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.
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.
Max materiality 0.85 · Median 0.50 · Most common event earnings