Earnings summaries and quarterly performance for VALLEY NATIONAL BANCORP.
Executive leadership at VALLEY NATIONAL BANCORP.
Board of directors at VALLEY NATIONAL BANCORP.
Eric Edelstein
Lead Independent Director
Eyal Efrat
Director
Jeffrey Wilks
Director
Jennifer Steans
Director
Kathleen Perrott
Director
Lisa Schultz
Director
Nitzan Sandor
Director
Peter Maio
Director
Sidney Williams, Jr.
Director
Suresh Sani
Director
Research analysts who have asked questions during VALLEY NATIONAL BANCORP earnings calls.
Matthew Breese
Stephens Inc.
10 questions for VLY
Christopher McGratty
Keefe, Bruyette & Woods
9 questions for VLY
Manan Gosalia
Morgan Stanley
9 questions for VLY
David Smith
Truist Securities
7 questions for VLY
Jon Rau
Barclays
7 questions for VLY
Anthony Elian
JPMorgan
5 questions for VLY
Jon Arfstrom
RBC Capital Markets
4 questions for VLY
Dave Rochester
Cantor Fitzgerald
2 questions for VLY
Feddie Strickland
Hovde Group
2 questions for VLY
Frank Schiraldi
Piper Sandler
2 questions for VLY
Janet Lee
TD Cowen
2 questions for VLY
Jared David Shaw
Barclays Capital
2 questions for VLY
Steve Moss
Raymond James
2 questions for VLY
Benjamin Gerlinger
Citigroup Inc.
1 question for VLY
Brian Mozenski
Morgan Stanley
1 question for VLY
Chris McGratty
KBW
1 question for VLY
Stephen Moss
Raymond James Financial, Inc.
1 question for VLY
Recent press releases and 8-K filings for VLY.
- Valley National Bancorp reported net income of approximately $163 million or $0.28 per diluted share for Q3 2025, marking its highest quarterly profitability since the end of 2022.
- The company achieved robust core customer deposit growth, with nearly 10% growth over the past 12 months and $1 billion gathered in Q3 2025, contributing to a 56 basis point reduction in average cost of deposits since Q3 2024.
- Net interest margin (NIM) improved for the sixth consecutive quarter in Q3 2025, with expectations to reach above 3.1% in Q4 2025 and further expand into 2026, targeting a normalized range of 3.20%-3.40%.
- Credit performance showed a significant reduction in net charge-offs and provisions in Q3 2025, with normalized charge-off rates anticipated around 15 basis points in 2026.
- Valley is targeting a 15% return on equity (ROE) by late 2027 or early 2028, driven by net income expansion, mid-single-digit loan growth, margin expansion, high single-digit fee income growth, and low single-digit operating expense growth.
- Valley National Bancorp reported strong Q3 2025 net income of approximately $163 million or $0.28 per diluted share, representing its highest quarterly profitability since the end of 2022 and achieving an annualized return on average assets above 1%.
- The company demonstrated significant operating momentum with nearly 10% core deposit growth over the past 12 months, adding approximately $1 billion in core deposits during Q3 2025, and reducing its average cost of deposits by 56 basis points since Q3 2024.
- Management anticipates continued financial improvement, projecting net interest income to grow another 3% sequentially in Q4 2025, with a Net Interest Margin (NIM) target above 3.1% for Q4 2025, and expects mid-single-digit loan growth (range of 4% to 6%) for 2026.
- VLY is focused on organic growth, with a loan pipeline of $3.3 billion, and aims to achieve a 15% return on average tangible assets (ROAT) by late 2027 or early 2028, supported by strategic hires and investments in commercial and consumer banking.
Quarterly earnings call transcripts for VALLEY NATIONAL BANCORP.
Ask Fintool AI Agent
Get instant answers from SEC filings, earnings calls & more