For Q1 FY2026 (ended March 31, 2026), Valley National Bancorp reported net income of $163.9 million, up 54.6% year-over-year. Diluted EPS was $0.28, a 55.6% increase from the prior year. Total equity stood at $7.83 billion as of quarter-end.
•Net income rose 54.6% YoY to $163.9 million.
•Diluted EPS increased 55.6% to $0.28.
•Total equity was $7.83 billion at quarter end.
Informational summary based on SEC XBRL figures · generated by deepseek-v4-flash. Not investment advice.
Valley National Bancorp is the holding company for Valley National Bank that provides various commercial, private banking, retail, insurance, and wealth management financial services products.
Its operations are structured into Consumer Banking, Commercial Banking, and Treasury and Corporate other segments. It offers non-interest bearing, savings, NOW, money market, and time deposit accounts.
Its portfolio also includes commercial and industrial, commercial real estate, construction, residential mortgage, and automobile loans, loans secured by the cash surrender value of life insurance, home equity loans and lines of credit, automobile financing, and secured and unsecured other consumer loans.
It also invests in various securities and interest-bearing deposits with other banks; and provides international banking services, as well as investment services for individuals and small to medium sized businesses
Trusts investment strategies designed for various investment profiles and objectives. It also provides trust services, such as living and testamentary trusts, investment management, custodial and escrow services, and estate administration to individuals.
Its portfolio also includes tax credit advisory services, brokerage services, property and casualty, life, health, and title insurance agency services, and health care equipment lending and commercial equipment leasing services
Private banking and management services, as well as niche financial services including loan and deposit products for homeowners associations, cannabis-related business banking, and venture banking.
Valley National Bancorp is the holding company for Valley National Bank, offering a wide range of financial services. Its operations are divided into three segments: Consumer Banking, Commercial Banking, and Treasury and Corporate. The company provides various deposit products such as non-interest bearing, savings, NOW, money market, and time deposit accounts. Its loan portfolio includes commercial and industrial loans, commercial real estate loans, construction loans, residential mortgages, automobile loans, home equity loans, and other consumer loans. Additionally, it offers international banking, investment services, trust services, insurance agency services (property, casualty, life, health, title), tax credit advisory, brokerage services, and niche services like cannabis-related business banking and homeowners association lending.
Where is Valley National Bancorp (VLY) listed and in which currency?
Valley National Bancorp is listed on the Nasdaq Global Select Market (NasdaqGS) under the ticker symbol VLY. Its financials are reported in US Dollars (USD), reflecting its operations based in the United States. As a US-based company, all trading and financial data are denominated in USD, making it accessible to investors on major US exchanges.
What sector and industry does Valley National Bancorp (VLY) belong to?
Valley National Bancorp operates in the Financial Services sector, specifically within the Banks - Regional industry. This classification indicates that it is a regional bank holding company, focusing on providing banking and financial services to local communities and businesses. Regional banks like Valley National typically have a strong presence in specific geographic areas, offering a mix of retail and commercial banking products tailored to their markets.
What geographic markets does Valley National Bancorp (VLY) serve?
Valley National Bancorp is headquartered in the United States and primarily serves customers within the country. Its operations are structured to cater to individuals, small to medium-sized businesses, and commercial clients across various regions. The company's services, including commercial and private banking, retail banking, insurance, and wealth management, are delivered through its subsidiary Valley National Bank, which has a network of branches and offices in key US markets. While the summary does not specify exact states, its regional focus suggests a presence in areas such as the Northeast and other regions where the bank has established a footprint.
How does Valley National Bancorp (VLY) generate revenue?
Valley National Bancorp generates revenue primarily through net interest income from its lending and deposit activities. It offers a variety of loan products, including commercial and industrial loans, commercial real estate loans, residential mortgages, and consumer loans, earning interest on these. Additionally, it earns non-interest income from fees and services such as international banking, investment and trust services, insurance agency commissions, brokerage services, and tax credit advisory. The company also benefits from niche offerings like cannabis-related business banking and homeowners association lending. Its three segments—Consumer Banking, Commercial Banking, and Treasury and Corporate—each contribute to overall profitability through different revenue streams.
Its portfolio also includes online, mobile, and telephone banking services, credit cards, and automated teller machine services. Founded in 1927, Valley National Bancorp is headquartered in Morristown, New Jersey.