Valley National Bancorp (NASDAQ:VLY) Announces Quarterly Earnings Results

Valley National Bancorp (NASDAQ:VLY) posted its quarterly earnings data on Thursday. The company reported $0.30 earnings per share for the quarter, missing the consensus estimate of $0.31 by ($0.01), FiscalAI reports. Valley National Bancorp had a net margin of 18.61% and a return on equity of 8.68%. The firm had revenue of $560.74 million for the quarter, compared to the consensus estimate of $557.16 million. During the same period in the previous year, the firm posted $0.23 earnings per share. The business’s revenue was up 13.3% compared to the same quarter last year.

Here are the key takeaways from Valley National Bancorp’s conference call:

• Valley posted a solid quarter with net income of $171 million ($0.29 per share) and adjusted EPS of $0.30, while adjusted pre-provision net revenue rose 6% sequentially to its highest level since late 2022.
• Core deposit growth was strong, including nearly $300 million of non-interest-bearing balances and $1.1 billion of total direct customer deposits, helping support the bank’s funding strategy despite a more competitive environment.
• Loan growth accelerated sharply by $1.6 billion in the quarter, led by C&I and owner-occupied CRE, while the company said its 2026 loan outlook now sits at or above the high end of guidance.
• Fee income remains a meaningful growth driver, with gains in capital markets, tax credit advisory, wealth management and trust; management now expects 2026 fee income growth toward the high end of its 6%–9% target range.
• Credit trends improved in aggregate, with criticized and classified assets falling to 7.3% of loans from 8.1% last quarter, though net charge-offs and provision both moved higher and non-accruals saw some bucket migration tied to CRE.

Valley National Bancorp Stock Down 2.7%

VLY stock traded down $0.39 on Thursday, reaching $14.13. 4,603,724 shares of the company traded hands, compared to its average volume of 7,238,824. The firm has a fifty day simple moving average of $14.16 and a 200-day simple moving average of $13.21. The company has a market cap of $7.83 billion, a P/E ratio of 12.72 and a beta of 1.03. Valley National Bancorp has a one year low of $8.95 and a one year high of $15.20. The company has a debt-to-equity ratio of 0.35, a current ratio of 0.96 and a quick ratio of 0.96.

Valley National Bancorp Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 1st. Investors of record on Tuesday, September 15th will be given a dividend of $0.11 per share. This represents a $0.44 dividend on an annualized basis and a yield of 3.1%. The ex-dividend date of this dividend is Tuesday, September 15th. Valley National Bancorp’s dividend payout ratio (DPR) is 39.64%.

Trending Headlines about Valley National Bancorp

Here are the key news stories impacting Valley National Bancorp this week:

• Positive Sentiment: Quarterly revenue came in at $560.7 million, above Wall Street expectations of $557.2 million, and rose 13.3% from a year ago. Valley National Bancorp Announces Second Quarter 2026 Results
• Positive Sentiment: Adjusted earnings were $0.30 per share, up from $0.23 a year earlier, and adjusted net income improved year over year, suggesting operating momentum remains intact. Valley National Bancorp Announces Second Quarter 2026 Results
• Neutral Sentiment: The company also announced a regular quarterly common dividend of $0.11 per share, reinforcing its shareholder-return profile. Valley National Bancorp Declares its Regular Quarterly Preferred and Common Stock Dividends
• Negative Sentiment: GAAP earnings per share of $0.29, and adjusted EPS of $0.30, came in just below the $0.31 consensus estimate, which is likely weighing on the stock. Valley National (VLY) Lags Q2 Earnings Estimates

Insider Buying and Selling at Valley National Bancorp

In other news, CAO Mitchell L. Crandell sold 25,495 shares of the firm’s stock in a transaction on Friday, June 12th. The stock was sold at an average price of $14.63, for a total transaction of $372,991.85. Following the completion of the transaction, the chief accounting officer directly owned 76,116 shares in the company, valued at $1,113,577.08. This trade represents a 25.09% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, COO Russell Barrett sold 90,537 shares of Valley National Bancorp stock in a transaction dated Monday, April 27th. The stock was sold at an average price of $13.54, for a total value of $1,225,870.98. Following the completion of the transaction, the chief operating officer directly owned 64,167 shares of the company’s stock, valued at approximately $868,821.18. This represents a 58.52% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 1.06% of the company’s stock.

Institutional Trading of Valley National Bancorp

Institutional investors have recently bought and sold shares of the company. Marshall Wace LLP lifted its holdings in shares of Valley National Bancorp by 1,013.8% during the fourth quarter. Marshall Wace LLP now owns 6,831,049 shares of the company’s stock valued at $79,787,000 after purchasing an additional 6,217,716 shares in the last quarter. UBS Group AG boosted its position in shares of Valley National Bancorp by 404.7% during the third quarter. UBS Group AG now owns 5,867,611 shares of the company’s stock valued at $62,197,000 after buying an additional 4,704,971 shares during the last quarter. Squarepoint Ops LLC increased its holdings in Valley National Bancorp by 260.8% in the 4th quarter. Squarepoint Ops LLC now owns 5,239,435 shares of the company’s stock worth $61,197,000 after buying an additional 3,787,203 shares in the last quarter. Freestone Grove Partners LP purchased a new position in Valley National Bancorp in the 3rd quarter worth about $27,607,000. Finally, Morgan Stanley raised its position in Valley National Bancorp by 39.6% in the 4th quarter. Morgan Stanley now owns 5,715,459 shares of the company’s stock worth $66,757,000 after buying an additional 1,621,193 shares during the last quarter. 61.00% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of research analysts have recently commented on the company. Barclays raised their target price on Valley National Bancorp from $14.00 to $15.00 and gave the company an “equal weight” rating in a research note on Tuesday, July 7th. Keefe, Bruyette & Woods upped their price target on Valley National Bancorp from $13.00 to $14.00 and gave the stock a “market perform” rating in a research note on Thursday, April 9th. Cantor Fitzgerald increased their price objective on Valley National Bancorp from $16.00 to $17.00 and gave the stock an “overweight” rating in a report on Wednesday, July 15th. National Bank Financial set a $17.50 price objective on Valley National Bancorp in a research report on Wednesday, July 1st. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Valley National Bancorp in a research report on Monday, July 6th. Three equities research analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat, Valley National Bancorp currently has a consensus rating of “Moderate Buy” and an average price target of $15.93.

About Valley National Bancorp

Valley National Bancorp (NASDAQ: VLY) is a regional bank holding company headquartered in Wayne, New Jersey, offering a comprehensive suite of commercial and consumer banking products and services. Through its banking subsidiary, Valley National Bank, the company provides deposit accounts, residential and commercial lending, mortgage services, treasury and cash management, foreign exchange and trade finance solutions. Complementary wealth management and insurance offerings round out its financial services platform, catering to individual, small-business and corporate clients.

Tracing its roots to the establishment of Wayne National Bank in 1927, Valley has grown into one of the largest banks in New Jersey by both assets and deposit share.