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-0.000386570680437341 0.00107218660423195 0.00143687592539917 0.00143687592539917 0.00180156524656653 -0.00330408524977566 0.00253094388890111 -0.000751260001604566
Stock impact report

Valley (VLY) Q1 2026 Earnings Transcript [Globe and Mail, The (Toronto, Canada)]

Valley National Bancorp (VLY) 
Last valley national bancorp earnings: 4/30 08:00 am Check Earnings Report
US:NYSE Investor Relations: valleynationalbank.com
Chairman & Chief Executive Officer — Ira D. Robbins Senior Executive Vice President & Chief Financial Officer — Travis P. Lan Senior Executive Vice President & Chief Lending Officer — Gino Martocci Senior Executive Vice President & Chief Risk Officer — Mark Sager Need a quote from a Motley Fool analyst? Email pr@fool.com TAKEAWAYS Net Income -- $164 million reported, or $0.28 per diluted share; adjusted net income was $169 million, or $0.29 per diluted share, excluding noncore items. Adjusted Pre-Provision Net Revenue -- Increased to $253 million, cited as a "strong jumping-off point for the rest of the year." Loan Growth -- Total loans grew by nearly $700 million, equating to 5.5% annualized growth. Direct Customer Deposits -- Increased by over $900 million, enabling repayment of $300 million in higher-cost brokered deposits and $350 million in FHLB advances. Total Deposit Costs -- Declined by 18 basis points, attributed to proactive reductions in core customer d Show less Read more
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