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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Item 1. Financial Statements (Unaudited)
Item 1. Financial Statements
CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION
| (in thousands, except for share data) | September 30,2026 | December 31,2025 |
|---|---|---|
| Assets · (Unaudited) | ||
| Cash and due from banks | $339,682 | $315,166 |
| Interest bearing deposits with banks | 785,320 | 1,268,399 |
| Investment securities: | ||
| Equity securities | 92,700 | 82,774 |
| Trading debt securities | 26,749 | — |
| Available for sale debt securities | 4,229,810 | 4,202,218 |
| Held to maturity debt securities (net of allowance for credit losses of $727 at September 30, 2026 and $734 at December 31, 2025) | 3,726,695 | 3,495,837 |
| Total investment securities | 8,075,954 | 7,780,829 |
| Loans held for sale (includes fair value of $7,452 at September 30, 2026 and $8,212 at December 31, 2025 for loans originated for sale) | 16,202 | 26,236 |
| Loans | 53,189,984 | 50,136,728 |
| Less: Allowance for loan losses | (580,800) | (583,400) |
| Net loans | 52,609,184 | 49,553,328 |
| Premises and equipment, net | 311,548 | 330,757 |
| Lease right of use assets | 292,927 | 313,891 |
| Bank owned life insurance | 743,687 | 738,090 |
| Accrued interest receivable | 259,987 | 243,897 |
| Goodwill | 1,868,936 | 1,868,936 |
| Other intangible assets, net | 83,456 | 100,875 |
| Other assets | 2,083,996 | 1,592,321 |
| Total Assets | $67,470,879 | $64,132,725 |
| Liabilities | ||
| Deposits: | ||
| Non-interest bearing | $12,446,761 | $12,155,500 |
| Interest bearing: | ||
| Savings, NOW and money market | 29,397,309 | 28,603,470 |
| Time | 13,384,725 | 11,424,123 |
| Total deposits | 55,228,795 | 52,183,093 |
| Short-term borrowings | 50,256 | 91,475 |
| Long-term borrowings | 2,607,639 | 2,908,579 |
| Junior subordinated debentures issued to capital trusts | 58,064 | 57,803 |
| Lease liabilities | 348,505 | 372,448 |
| Accrued expenses and other liabilities | 1,281,068 | 711,629 |
| Total Liabilities | 59,574,327 | 56,325,027 |
| Shareholders’ Equity | ||
| Preferred stock, no par value; 50,000,000 authorized shares: | ||
| Series A (4,600,000 shares issued at September 30, 2026 and December 31, 2025) | 111,590 | 111,590 |
| Series B (4,000,000 shares issued at September 30, 2026 and December 31, 2025) | 98,101 | 98,101 |
| Series C (6,000,000 shares issued at September 30, 2026 and December 31, 2025) | 144,654 | 144,654 |
| Common stock (no par value, authorized 650,000,000 shares; issued 560,878,750 shares at September 30, 2026 and December 31, 2025) | 196,730 | 196,730 |
| Surplus | 5,467,999 | 5,464,845 |
| Retained earnings | 2,241,005 | 1,912,933 |
| Accumulated other comprehensive loss | (232,186) | (74,379) |
| Treasury stock, at cost (10,257,554 common shares at September 30, 2026 and 4,260,729 common shares at December 31, 2025) | (131,341) | (46,776) |
| Total Shareholders’ Equity | 7,896,552 | 7,807,698 |
| Total Liabilities and Shareholders’ Equity | $67,470,879 | $64,132,725 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.