VALLEY NATIONAL BANCORP

For the period ended Jun 30, 2026. Filed Aug 6, 2026.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Jun 30, 2026 · Filed Aug 6, 2026

VLY$14.31+0.1%Stored close · as of Nov 10, 2026

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Contents

Consolidated Statements of Income for the and

CONSOLIDATED STATEMENTS OF INCOME (Unaudited)

(in thousands, except for per share data)

	Three Months EndedJune 30,		Six Months EndedJune 30,
	2026	2025	2026	2025
Interest Income
Interest and fees on loans	$736,060	$720,282	$1,444,700	$1,423,891
Interest and dividends on investment securities:
Taxable	76,113	67,164	149,921	131,062
Tax-exempt	5,048	4,681	9,766	9,383
Dividends	5,771	5,528	10,571	11,192
Interest on federal funds sold and other short-term investments	6,383	7,357	17,141	14,236
Total interest income	829,375	805,012	1,632,099	1,589,764
Interest Expense
Interest on deposits:
Savings, NOW and money market	190,973	203,390	381,758	403,611
Time	112,693	129,324	219,371	254,393
Interest on short-term borrowings	6,047	1,736	6,283	4,682
Interest on long-term borrowings and junior subordinated debentures	32,638	38,154	66,138	74,565
Total interest expense	342,351	372,604	673,550	737,251
Net Interest Income	487,024	432,408	958,549	852,513
(Credit) provision for credit losses for available for sale and held to maturity securities	(2)	4	10	(10)
Provision for credit losses for loans	29,166	37,795	50,410	100,470
Net Interest Income After Provision for Credit Losses	457,860	394,609	908,129	752,053
Non-Interest Income
Wealth management and trust fees	17,655	14,056	33,661	29,087
Insurance commissions	3,770	3,430	6,637	6,832
Capital markets	12,933	9,767	23,314	16,707
Service charges on deposit accounts	18,728	14,705	36,932	27,431
Gains (losses) on securities transactions, net	50	(1)	71	45
Fees from loan servicing	3,268	3,671	6,486	6,886
Gains on sales of loans, net	1,742	2,025	4,832	4,222
Bank owned life insurance	5,913	6,019	11,748	10,796
Other	9,652	8,932	18,866	18,892
Total non-interest income	73,711	62,604	142,547	120,898
Non-Interest Expense
Salary and employee benefits expense	150,432	145,422	306,147	288,040
Net occupancy expense	27,179	25,483	54,361	51,371
Technology, furniture and equipment expense	33,247	30,667	65,125	60,563
FDIC insurance assessment	11,691	12,192	22,167	25,059
Amortization of other intangible assets	6,268	7,427	13,187	15,446
Professional and legal fees	29,533	19,970	54,675	35,640
Loss on extinguishment of debt	—	922	—	922
Amortization of tax credit investments	16,157	9,134	32,171	18,454
Other	36,616	32,905	73,216	65,245
Total non-interest expense	311,123	284,122	621,049	560,740
Income Before Income Taxes	220,448	173,091	429,627	312,211
Income tax expense	49,563	39,924	94,829	72,986
Net Income	170,885	133,167	334,798	239,225
Dividends on preferred stock	7,316	6,948	14,533	13,903
Net Income Available to Common Shareholders	$163,569	$126,219	$320,265	$225,322
Earnings Per Common Share:
Basic	$0.30	$0.23	$0.58	$0.40
Diluted	0.29	0.22	0.57	0.40

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.