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Midas Edge

VALLEY NATIONAL BANCORP

For the period ended Dec 31, 2024. Filed Feb 28, 2025.

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About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2024 · Filed Feb 28, 2025

VLY$14.30+1.6%Stored close · as of Nov 9, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Consolidated Statements of Changes in Shareholders’ Equity

Common Stock · Accumulated
Preferred Stock · Shares · Amount · Surplus · RetainedEarnings · OtherComprehensiveLoss · TreasuryStock · TotalShareholders’Equity
($ in thousands)
Balance - December 31, 2021$209,691421,437$148,482$3,883,035$883,645$(17,932)$(22,855)$5,084,066
Net income————568,851——568,851
Other comprehensive loss, net of tax—————(146,070)—(146,070)
Cash dividends declared:
Preferred stock, Series A, $1.56 per share————(7,188)——(7,188)
Preferred stock, Series B, $1.49 per share————(5,958)——(5,958)
Common Stock, $0.44 per share————(215,513)——(215,513)
Effect of stock incentive plan, net—1,08919,069(5,392)—14,62418,302
Common stock issued in acquisition—84,86329,7021,088,127———1,117,829
Common stock repurchased—(1,015)————(13,517)(13,517)
Balance - December 31, 2022209,691506,374178,1854,980,2311,218,445(164,002)(21,748)6,400,802
Adjustment due to the adoption of ASU 2022-02————990——990
Balance - January 1, 2023209,691506,374178,1854,980,2311,219,435(164,002)(21,748)6,401,792
Net income————498,511——498,511
Other comprehensive income, net of tax—————17,546—17,546
Cash dividends declared:
Preferred stock, Series A, $1.56 per share————(7,188)——(7,188)
Preferred stock, Series B, $2.24 per share————(8,947)——(8,947)
Common Stock, $0.44 per share————(225,779)——(225,779)
Effect of stock incentive plan, net—1,30929,758(4,011)—18,04923,798
Common stock issued—327——(650)—4,4003,750
Common stock repurchased—(300)————(2,092)(2,092)
Balance - December 31, 2023209,691507,710178,1874,989,9891,471,371(146,456)(1,391)6,701,391
Net income————380,271——380,271
Other comprehensive loss, net of tax—————(8,878)—(8,878)
Cash dividends declared:
Preferred stock, Series A, $1.56 per share———(7,188)——(7,188)
Preferred stock, Series B, $2.29 per share————(9,163)——(9,163)
Preferred stock, Series C, $0.84 per share————(5,018)——(5,018)
Common Stock, $0.44 per share————(232,225)——(232,225)
Effect of stock incentive plan, net—1,87859220,380——1,39122,363
Preferred stock issued144,654——————144,654
Common stock issued—49,19817,219431,701———448,920
Balance - December 31, 2024$354,345558,786$195,998$5,442,070$1,598,048$(155,334)$—$7,435,127
ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.