VLYPP · Valley National Bancorp · Documents

Valley National Bancorp and Providence Financial Corporation entered an Agreement and Plan of Merger dated August 24, 2026; each Providence share converts into $21.47 cash and 4.3854 Valley shares. Providence shareholders vote December 14, 2026.

Valley expects to finish 2026 at the high end of guidance, with net interest income outlook at the high end of the 11% to 13% range and efficiency below 50%. Pending acquisitions are targeted for early 2027.

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.

Valley National Bancorp agreed to merge with Providence Financial Corporation, valuing Providence common stock at approximately $83.30 per share based on Valley’s August 24, 2026 closing price. Each Providence share would receive $21.47 in cash and 4.3854 Valley shares.

Valley National Bancorp agreed to acquire Bluevine Inc. for $340,000,000 in aggregate consideration, consisting of approximately $255 million in cash and approximately 6.3 million Valley common shares, subject to adjustments and customary closing conditions.