Valley reported FY 2025 net income of USD 598.0 million, or USD 1.01 per diluted common share. Net interest income was USD 1.76 billion (+USD 134.9 million), and non-interest income was USD 262.1 million (+USD 37.6 million), while non-interest expense was USD 1.14 billion (+USD 36.3 million). Provision for credit losses was USD 139.8 million (down USD 169.1 million). Return on average assets was 0.96% and return on average shareholders’ equity was 7.89%; the adjusted efficiency ratio was 54.44%. Income tax expense was USD 145.9 million (effective tax rate 19.6%). At year-end, Valley had total assets of USD 64.1 billion, total net loans of USD 49.6 billion, total deposits of USD 52.2 billion and total shareholders’ equity of USD 7.8 billion. Total loans were USD 50.1 billion, including USD 29.2 billion in commercial real estate (58.3% of total loans) and USD 11.0 billion in commercial and industrial loans; the ACL for loans was USD 596.1 million (1.19% of total loans). Credit quality metrics included net loan charge-offs of USD 116.9 million, non-accrual loans of USD 433.9 million, and non-performing assets of USD 439.8 million (0.87% of total loans and NPAs). Total estimated uninsured deposits were approximately USD 14.6 billion (28% of total deposits). Valley repurchased 6.1 million common shares at an average price of USD 10.41, and reported a CET1 capital ratio of 10.99%. Management highlighted continued balance sheet repositioning, including deposit mix improvement that reduced indirect customer deposits to USD 5.4 billion, targeted purchases that lifted investment securities to USD 7.8 billion, and an expected 2026 net interest income growth outlook of approximately 11% to 13% with net interest margin expected to reach 3.30% by end-2026. Valley also said it expects total deposit growth of 5% to 7% in 2026 and total loan growth of 4% to 6%, including 10% organic growth in commercial and industrial lending.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Valley National Bancorp published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000714310-26-000017), on February 27, 2026, and is solely responsible for the information contained therein.