VALLEY NATIONAL BANCORP
For the period ended Sep 30, 2026. Filed Nov 5, 2026.
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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.
Sep 30, 2026 · Filed Nov 5, 2026
VLY$14.31+0.1%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Cash Flows for the
CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited)
(in thousands)
| Nine Months EndedSeptember 30, | ||
|---|---|---|
| 2026 | 2025 | |
| Cash flows from operating activities: | ||
| Net income | $541,098 | $402,580 |
| Adjustments to reconcile net income to net cash provided by (used in) operating activities: | ||
| Depreciation and amortization | 26,133 | 28,731 |
| Stock-based compensation | 26,258 | 18,015 |
| Provision for credit losses | 81,061 | 119,631 |
| Net accretion of discounts and amortization of premium on securities and borrowings | (8,619) | (6,028) |
| Amortization of other intangible assets | 19,506 | 22,990 |
| Losses (gains) on available for sale and held to maturity debt securities, net | 7 | (17) |
| Proceeds from sales of loans held for sale at fair value | 114,170 | 139,507 |
| Gains on sales of loans, net | (6,086) | (4,962) |
| Originations of loans held for sale | (111,339) | (124,768) |
| Proceeds from sales of assets | 1,425 | — |
| Gains on sales of assets, net | (738) | (78) |
| Loss on extinguishment of debt | — | 922 |
| Net change in: | ||
| Fair value of financial instruments hedged by derivative transactions | (1,189) | 9,349 |
| Trading debt securities | (26,749) | — |
| Lease right of use assets | 20,822 | 7,434 |
| Cash surrender value of bank owned life insurance | (15,051) | (15,121) |
| Accrued interest receivable | (16,090) | (2,920) |
| Other assets | (493,127) | 113,953 |
| Accrued expenses and other liabilities | 603,617 | (562,027) |
| Net cash provided by operating activities | 755,109 | 147,191 |
| Cash flows from investing activities: | ||
| Loans originated and purchased, net of principal collected | (3,138,717) | (582,053) |
| Equity securities: | ||
| Purchases | (9,131) | (11,687) |
| Sales and capital returns | 900 | 3,989 |
| Held to maturity debt securities: | ||
| Purchases | (561,373) | (278,690) |
| Maturities, calls and principal repayments | 333,169 | 269,743 |
| Available for sale debt securities: | ||
| Purchases | (736,428) | (990,956) |
| Maturities, calls and principal repayments | 500,404 | 328,184 |
| Death benefit proceeds from bank owned life insurance | 9,454 | 7,012 |
| Proceeds from sales of real estate property and equipment | 3,160 | 2,277 |
| Proceeds from sales of loans not originated for sale | 10,644 | 11,899 |
| Purchases of real estate property and equipment | (8,229) | (8,964) |
| Net cash used in investing activities | $(3,596,147) | $(1,249,246) |
| VALLEY NATIONAL BANCORPCONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) (continued)(in thousands) | ||
|---|---|---|
| Nine Months EndedSeptember 30, | ||
| 2026 | 2025 | |
| Cash flows from financing activities: | ||
| Net change in deposits | $3,050,680 | $1,098,747 |
| Net change in short-term borrowings | (41,219) | (21,666) |
| Proceeds from issuance of long-term borrowings, net | 594,084 | 210,000 |
| Repayments of long-term borrowings | (900,000) | (488,000) |
| Cash dividends paid to preferred shareholders | (21,868) | (21,547) |
| Cash dividends paid to common shareholders | (184,973) | (187,061) |
| Purchase of common shares related to stock compensation plan activity | (10,641) | (9,334) |
| Purchase of common shares to treasury | (106,541) | (16,358) |
| Common stock issued, net | 3,366 | 17,698 |
| Other, net | (413) | (109) |
| Net cash provided by financing activities | 2,382,475 | 582,370 |
| Net change in cash and cash equivalents | (458,563) | (519,685) |
| Cash and cash equivalents at beginning of year | 1,583,565 | 1,890,125 |
| Cash and cash equivalents at end of period | $1,125,002 | $1,370,440 |
| Supplemental disclosures of cash flow information: | ||
| Cash payments for: | ||
| Interest on deposits and borrowings | $1,008,110 | $1,164,037 |
| Federal and state income taxes | 113,010 | 64,590 |
| Supplemental schedule of non-cash investing activities: | ||
| Transfer of loans to other real estate owned, net | $2,913 | $832 |
| Transfer of loans to loans held for sale, net | — | 14,137 |
| Lease right of use assets obtained in exchange for operating lease liabilities | 24,688 | 25,791 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.