VLYPN · Valley National Bancorp
$25.17
+0.10 (+0.40%)
At close · Oct 27
Return incl. dividend (before tax)
Market Cap
$7.83B
Shares
552.61M
Volume · Oct 27
5397
Avg daily vol (3M)
15.84K
Price & Indicators
20d MA
50d MA
200d MA
Earnings
Filing
Insider
Congress
Investor day
Close$25.17
Open$25.21
Day$25.01–25.25
52W close$24.73–26.35
Avg vol 30d21K
Last earningsOct 22, 2026
DataJul 2024–Oct 2026
Filing10-Q · Aug 6
Up next
Next earnings call
Jan 21, 2027
Est · unconfirmed
· in 12 wks
call held Oct 22, 2026
Latest filings
8-K
Financial results
·
filed Oct 22, 2026
Valley National Bancorp reported third quarter 2026 net income of $206.3 million, or $0.36 per diluted common share, with a 3.28 percent net interest margin and 49.38 percent efficiency ratio.
Read the 8-K
10-Q
filed Aug 6, 2026
Read the 10-Q
Quarterly results
* Q4 derived as the full year minus Q1 to Q3.
AI Brief
Q2 FY26 earnings call · Jul 23, 2026
Q2 FY26
TL;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.
Bullish
- + 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
Bearish
- − 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
From the call
AI-generated from the earnings call and 8-K · may contain errors · not investment advice
Guidance & track record
Latest guidance
· from the 8-K filed Oct 22, 2026
by the end of 2027
Return on average tangible common equity goal
15%
2026
Effective Tax Rate
20%
Previous outlook
earlier release
· from the Earnings Call filed Jul 23, 2026
Still-open targets the latest release did not restate under the same label.
Fee income growth
· 2026
6% – 9%
Efficiency ratio
· as we exit 2026
up to 50%
Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.
Technicals
trend & momentum for long-term holders illustrative — not investment adviceMarket signals — smart money & positioning
Mixed
Trend (MA cross)
No cross
50d $25 › 200d $26 — 200d above 50d
Institutional flow
Distributing
113 of 480 funds reported for Sep 30 · net -2.4M sh shares · +14 new
Insider flow
Flat
No net insider activity over 90 days
Short interest
Flat
No short-interest data
Volume signal
Normal
Volume near normal
Institution breadth
Multi-yr high
480 holders — near 3-yr high, broad support
Price context
position in its 52-week range
Range low $25
Now $25 · 27%
Range high $26
vs 200-day avg -2%
vs 50-day avg -1%
Illustrative 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 |
|---|---|---|---|
| Accruing Past Due Loans / Total Loans | 0.96% | 9/30/26 | — |
| ACL / Total Loans | 0.96% | 9/30/26 | — |
| Adj. Ann. Non -Interest Expenses 1 / Avg. Assets Efficiency Ratio Trend 1 non-GAAP | 1.73% | 3Q26 | — |
| Adjusted Non -Interest Expenses non-GAAP | 282M | 3Q26 | — |
| Adjusted Uninsured Deposits non-GAAP | $15.7B | 9/30/26 | — |
| Allowance for credit losses for loans as a % of total loans | 1.13% | Nine Months Ended September 30, 2026 | — |
| Annualized pre-provision net revenue / average assets, as adjusted (Non-GAAP) non-GAAP | 1.77% | Three Months Ended September 30, 2026 | — |
| Annualized ratio of total net charge-offs to total average loans | 0.2% | Nine Months Ended September 30, 2026 | — |
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| Annualized return on average assets | 1.1% | Nine Months Ended September 30, 2026 | — |
| Annualized return on average assets (ROAA) | 1.24% | third quarter 2026 | — |
| Annualized return on average assets, as adjusted non-GAAP | 1.12% | Nine Months Ended September 30, 2026 | — |
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| Annualized return on average shareholders' equity | 9.12% | Nine Months Ended September 30, 2026 | — |
| Annualized return on average shareholders' equity, as adjusted non-GAAP | 9.24% | Nine Months Ended September 30, 2026 | — |
| Annualized return on average tangible common shareholders' equity non-GAAP | 12.58% | Nine Months Ended September 30, 2026 | — |
| Annualized return on average tangible common shareholders' equity (Non-GAAP) non-GAAP | 14.24% | Three Months Ended September 30, 2026 | — |
| Annualized return on average tangible common shareholders' equity, as adjusted non-GAAP | 12.74% | Nine Months Ended September 30, 2026 | — |
| Annualized ROATCE 2 non-GAAP | 14.2% | 3Q26 | — |
| Average price | $13.86 | third quarter 2026 | — |
| Basic earnings, as adjusted (non-GAAP) non-GAAP | $0.95 | Nine Months Ended September 30, 2026 | — |
| Book value per common share | $13.7 | September 30, 2026 | — |
| C&I | 38% | 9/30/26 | — |
| C&I / Owner -Occ | 38% | 9/30/26 | — |
| C&I Industry Diversity | 22% | 9/30/26 | — |
| C&I loan growth | 12.1% | third quarter 2026 | — |
| C&I Loans ($bn) | $12.3B | 9/30/26 | — |
| Cash & Available Liquidity | $26B | 9/30/26 | — |
| CET1 / RWA | 10.7% | 3Q26 | — |
| cost of average interest bearing liabilities | 3.16% | third quarter 2026 | — |
| cost of total average deposits | 2.33% | third quarter 2026 | — |
| CRE / TRBC | 312% | 3Q26 | — |
| CRE / TRBC 1 | 312% | 9/30/26 | — |
| CRE loan concentration ratio | 312% | September 30, 2026 | — |
| CRE Portfolio | 28B | 9/30/26 | — |
| Deposit Accounts (000s) | 545K | 9/30/26 | — |
| Direct Deposits | $49.9B | 9/30/26 | — |
| effective tax rate | 15.3% | third quarter 2026 | — |
| Efficiency ratio non-GAAP | 51.49% | Nine Months Ended September 30, 2026 | — |
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| Ending balance | $600.5M | Nine Months Ended September 30, 2026 | — |
| Gain on Sale Comprises | 3% | 3Q26 | — |
| Gross loan charge-offs | 40.1M | third quarter 2026 | — |
| Gross Loans | $53.2B | 9/30/26 | — |
| Indirect Deposits | $5.3B | 9/30/26 | — |
| Loans / Deposits | 96% | 3Q26 | — |
| Loans 30 to 59 days past due | 109.3M | September 30, 2026 | — |
| Loans 60 to 89 days past due | 27.9M | September 30, 2026 | — |
| Modified & Other | 4M | 3Q26 | — |
| Net income available to common shareholders, as adjusted (non-GAAP) non-GAAP | $526.23M | Nine Months Ended September 30, 2026 | — |
| Net income, as adjusted (non-GAAP) non-GAAP | $548.1M | Nine Months Ended September 30, 2026 | — |
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| Net interest margin | 3.21% | Nine Months Ended September 30, 2026 | — |
| Net interest margin (6) | 3.27% | Three Months Ended September 30, 2026 | — |
| Net interest margin - FTE non-GAAP | 3.22% | Nine Months Ended September 30, 2026 | — |
| Net loan charge-offs | 37.1M | third quarter 2026 | — |
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| NIM | 3.28% | 3Q26 | — |
| Non Co -Op Multifamily Avg. Size | 6.6M | 9/30/26 | — |
| Non Co -Op Multifamily Wtd. Avg. LTV | 64% | 9/30/26 | — |
| Non-accrual CRE loans | 253.1M | September 30, 2026 | — |
| Non-accrual loans | 511.4M | September 30, 2026 | — |
| Non-interest bearing deposits represented approximately | 23% | September 30, 2026 | — |
| Non-Performing Assets (NPAs) | 513.8M | September 30, 2026 | — |
| Office Portfolio | 3B | 9/30/26 | — |
| Office Portfolio Wtd. Avg. LTV | 63% | 9/30/26 | — |
| Paid Off & Left | 162M | 3Q26 | — |
| PPNR / Average Assets 3 Annualized non-GAAP | 1.77% | 3Q26 | — |
| Pre -Provision Net Revenue 3 ($mm) non-GAAP | $294.1M | 3Q26 | — |
| Regulatory CRE | 38% | 9/30/26 | — |
| Repurchased shares of our common stock | 2.5M | third quarter 2026 | — |
| Residential mortgage | $6.08B | September 30, 2026 | — |
| Retained | 1.24B | 3Q26 | — |
| Return on Average Assets Annualized non-GAAP | 1.24% | 3Q26 | — |
| ROAA non-GAAP | 1.24% | 3Q26 | — |
| ROATCE non-GAAP | 14% | 3Q26 | — |
| Savings, NOW and money market deposits represented approximately | 53% | September 30, 2026 | — |
| shareholders’ equity (ROAE) | 10.36% | third quarter 2026 | — |
| Tangible book value per common share non-GAAP | $10.15 | September 30, 2026 | — |
| Tangible book value per common share (non-GAAP) non-GAAP | $10.15 | As of September 30, 2026 | — |
| Tangible Common Equity / Tangible Assets non-GAAP | 11.7% | 9/30/26 | — |
| Tangible common equity to tangible assets (non-GAAP) non-GAAP | 8.53% | As of September 30, 2026 | — |
| tangible common shareholders' equity (ROATCE) | 14.24% | third quarter 2026 | — |
| TBV per share non-GAAP | $13.7 | 9/30/26 | — |
| Tier 1 Leverage | 9.54% | 9/30/26 | — |
| Tier 1 Risk -Based | 11.36% | 9/30/26 | — |
| Time deposits represented approximately | 24% | September 30, 2026 | — |
| Total | 1.41B | 3Q26 | — |
| Total 90 or more days past due | $17.33M | September 30, 2026 | — |
| Total accruing past due loans | 154.5M | September 30, 2026 | — |
| Total accruing past due loans as a percentage of total loans | 0.29% | September 30, 2026 | — |
| Total commercial real estate | $30.69B | September 30, 2026 | — |
| Total consumer loans | $4.09B | September 30, 2026 | — |
| Total Deposits | $55.2B | 9/30/26 | — |
| Total Deposits / Branch | $242M | 9/30/26 | — |
| Total indirect customer deposits | 5.3B | September 30, 2026 | — |
| Total internally criticized and classified loans as a percentage of total loans | 7.1% | September 30, 2026 | — |
| total loan growth | 5.5% | third quarter 2026 | — |
| Total Loans | $53B | 9/30/26 | — |
| Total net charge-offs | -$76.67M | Nine Months Ended September 30, 2026 | — |
| Total non-accrual loans as a % of loans | 0.96% | As of September 30, 2026 | — |
| Total risk-based capital ratio | 13.7% | September 30, 2026 | — |
| Wtd. Avg. LTV | 59% | 9/30/26 | — |
| yield on average interest earning assets | 5.55% | third quarter 2026 | — |
| Average interest earning assets | 40.4B | the second quarter 2026 filing | — |
| Provision for credit losses for loans | 29.2M | the second quarter 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 (non-GAAP) 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 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 |
|---|---|---|---|---|---|
|
VLYPN
this stock
Valley National Bancorp
|
$7.83B | -3.8% | +7.3% | — | — |
|
MFG
Mizuho Financial Group Inc
|
$114.81B | +32.4% | — | — | 0.1% |
|
HDB
Hdfc Bank Ltd
|
$109.84B | -41.5% | -3.2% | — | 0.8% |
|
IBN
Icici Bank Ltd
|
$105.11B | -3.0% | — | — | 0.6% |
|
USB
US Bancorp De
|
$93.12B | +12.0% | +4.4% | 11.9 | 1.7% |
Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding
At a glance
key data from every sectionOwnership
Short & Settlement
Smart Money
Financials
Filings
SEC Filings
Latest
8-K
- Filed
- Oct 22, 2026
- This year
- 19
Valley National Bancorp reported third quarter 2026 net income of $206.3 million, or $0.36 per diluted common share, with a 3.28 percent net interest margin and 49.38 percent efficiency ratio.
ViewPerformance
| 5D | 20D | 120D | MTD | YTD | |
|---|---|---|---|---|---|
| VLYPN | 0.0% | -0.5% | -3.4% | +1.8% | -3.8% |
| SPY | +0.1% | +0.7% | +4.9% | +0.9% | +12.9% |
| vs SPY | -0.1% | -1.2% | -8.3% | +0.9% | -16.7% |
Capital returns
Latest dividend
$0.516
/ share · ex Sep 15, 2026
Declared · upcoming
$0.5156
/ share · ex Dec 15, 2026
Paid (TTM)
$2.064
/ share · 4 payouts
Dividend yield (TTM, derived)
8.20%
Buyback program
· as of Feb 29, 2024
Authorized
shares 25.00M
Spent (derived)
—
Remaining
—
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.