$VLY

Valley National Bancorp (VLY) aims for a 90% loan-to-deposit ratio and a mid-40% efficiency ratio. The company expects to onboard Bluevine deposits around April 1. As of Q3 2026, its CRE concentration ratio fell 160 bps from its 2023 peak, and CET1 capital ratio reached 10.7%.

Valley National Bancorp (VLY) reported Q3 GAAP EPS of $0.36, exceeding estimates by $0.03, with revenue of $584.15M, up 14.3% YoY and beating by $6.32M. The company also announced plans to acquire Bluevine for $340M.

VALLEY NATIONAL BANCORP (VLY) filed an SEC Form 8-K — Results of Operations and Financial Condition. Exhibit 99.1 News Release FOR IMMEDIATE RELEASE Contact: Travis Lan Senior Executive Vice President and Chief Financial Officer 973-686-5007 VALLEY NATIONAL BANCORP ANNOUNCES THIRD QUARTER 2026 RESULTS NEW YORK, NY – October 22, 2026 -- Valley National Bancorp ( NASDAQ: VLY ), th

Valley National Bancorp (VLY) will release its Q3 2026 earnings on October 22, 2026. CEO Ira Robbins will host a conference call at 8:30 AM ET to discuss results. The call will be webcast live and archived. Investor materials will be available on the company's website. Valley National Bank, its subsidiary, has over $66 billion in assets and operates in multiple states.

Keefe, Bruyette & Woods kept a Market Perform rating on Valley National Bancorp with a $17 price target, implying a 33.2% upside from the Oct 5 close. The bank is expected to achieve low double-digit EPS growth in 2026 and high single-digit growth in 2027, driven by loan growth and acquisitions. The price target reflects a 10x valuation on anticipated 2028 EPS of $1.90.

Keefe Bruyette & Woods raised Valley National Bancorp's (VLY) price target to $17.00 from $16.00, citing acquisitions of Bluevine and Providence. The firm expects 20%+ EPS growth from 2026-2028 and a 16.7% return on tangible common equity by 2028. VLY reported Q2 revenue of $560.73M, beating estimates, but EPS missed. The company's assets grew to $68B with the Providence acquisition.

Hormel (HRL) acquires Brakebush for $1.06B; Onsemi (ON) to buy Synaptics for $5.7B; Leslie's files for bankruptcy. Valley National (VLY) to acquire Bluevine for $340M. Yext (YEXT) to acquire Flamel.ai. Lifecore (LFCR) to be acquired by Webster Equity for up to $663.7M. SoftBank completes DigitalBridge acquisition. GBTG acquired by Long Lake for $6.3B.

Valley National Bancorp (VLY) agreed to acquire Bluevine for about $340M in cash and stock. VLY's stock has fallen 3.1% in the past week and 8.6% in 30 days, but is up 8.8% year-to-date and 24.2% over one year. Analysts suggest a fair value of $16.75, 24% above the last close of $12.72, citing execution risk as the primary concern.

Valley National Bancorp is acquiring Bluevine for $340M to gain low-cost deposits. Bluevine's deposits are expected to grow from $3.1B to $5B by 2028, with a lower funding cost (1.44%) than Valley's (2.28%). Valley aims to reduce reliance on high-cost funding and increase profits by 8% in 2028. Valley's stock rose 1% post-announcement.

Valley National Bancorp (VLY) agreed to buy Israeli fintech firm Bluevine for $340M, 75% cash and 25% stock. Bluevine, with 175K active small business customers, offers digital banking services and has $2.1B in deposits. The deal aims to boost VLY's digital and AI capabilities, with Bluevine's CEO joining VLY as Head of Small Business Banking.