VLY · Valley National Bancorp
Price & Indicators
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Metrics snapshot
Useful current figures from the complete screener profile.
AI Brief
Q2 FY26 earnings call · Jul 23, 2026TL;DR. Valley National reported Q2 2026 net income of $170.9 million ($0.29 diluted EPS) with strong C&I and non-interest-bearing deposit growth, raised its 2026 gross loan growth and fee income outlooks to the high end of prior ranges, and highlighted AI-driven efficiency opportunities, while NIM expansion and improving criticized/classified asset trends continued.
- + Raised 2026 gross loan growth outlook to at or above the high end of the 4%-6% range
- + Loans grew $1.6 billion (12.9% annualized), driven by C&I and owner-occupied CRE, with continued double-digit C&I momentum
- + Net interest margin expanded 3 bps linked-quarter to 3.20% (FTE) on higher loan balances and yields, with NIM of 3.20% up 19 bps year-over-year
- + Criticized and classified assets declined to 7.3% of loans from 8.1% linked-quarter, reflecting improving CRE trends
- − Accruing past due loans increased to 0.34% of loans from 0.25% and non-accrual loans rose to 0.88% from 0.85%, with three CRE loans migrating to non-accrual
- − Used $200 million of incremental brokered deposits to fund a temporary timing mismatch from strong loan growth, while deposit costs ticked up slightly
- − Net charge-offs rose to $22 million (17 bps) from $18 million (14 bps) linked-quarter, and provision for credit losses increased to $29.2 million from $21.2 million
- − Cost of carrying excess subordinated debt between the $500M May issuance and $300M June redemption weighed on NII by approximately $2 million during the quarter
AI-generated from the earnings call and 8-K · may contain errors · not investment advice
Equibles Rating
blended score · not investment adviceBlended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.
Guidance & track record
Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.
Technicals
trend & momentum for long-term holders NeutralIllustrative technical + ownership context — a signal mix, not investment advice.
Key metrics
the company's own KPIs, from written earnings releases and filings| Metric | Latest | Period | YoY |
|---|---|---|---|
| Average interest earning assets | 40.4B | the second quarter 2026 filing | — |
| Efficiency ratio, as adjusted non-GAAP | 52.11% | Three Months Ended June 30, 2026 filing | — |
| Net income, as adjusted (non-GAAP) non-GAAP | 172.85M | Three Months Ended June 30, 2026 filing | — |
| Net loan charge-offs | 22M | the second quarter 2026 filing | — |
| Provision for credit losses for loans | 29.2M | the second quarter 2026 filing | — |
| Return on average assets, as adjusted (non-GAAP) non-GAAP | 1.05% | Three Months Ended June 30, 2026 filing | — |
| Return on average interest earning assets (pre-tax) | 1.22% | the second quarter 2026 filing | — |
| Return on average tangible common shareholders' equity (ROATCE) non-GAAP | 11.91% | Three Months Ended June 30, 2026 filing | — |
| ROATCE, as adjusted non-GAAP | 12.05% | Three Months Ended June 30, 2026 filing | — |
| Total annualized net loan charge-offs to total average loans outstanding | 0.17% | three months ended June 30, 2026 filing | — |
| Total net loan charge-offs | -22.05M | three months ended June 30, 2026 filing | — |
Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period
Versus peers
Banks - Regional — same industry group| Company | Mkt cap | YTD | Rev growth Y/Y | P/E | Short % shares |
|---|---|---|---|---|---|
|
VLY
this stock
Valley National Bancorp
|
$6.97B | +8.0% | +7.3% | 10.7 | 10.7% |
|
MFG
Mizuho Financial Group Inc
|
$128.41B | +44.9% | — | — | 0.1% |
|
HDB
Hdfc Bank Ltd
|
$114.51B | -39.0% | -3.2% | — | 0.7% |
|
ITUB
Itau Unibanco Holding S.A.
|
$111.98B | +41.9% | — | — | 0.2% |
|
IBN
Icici Bank Ltd
|
$100.11B | -6.4% | — | — | 0.6% |
Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding
At a glance
key data from every sectionPerformance
| 5D | 20D | 120D | MTD | YTD | |
|---|---|---|---|---|---|
| VLY | -1.6% | -8.6% | -7.1% | +0.0% | +8.1% |
| SPY | +1.2% | +1.9% | +9.9% | +2.1% | +14.2% |
| vs SPY | -2.7% | -10.4% | -17.0% | -2.1% | -6.1% |
Capital returns
Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.