Valley National Bancorp Reports Second‑Quarter 2026 Results
Valley National Bancorp (Nasdaq: VLY) announced its financial results for the second quarter of 2026 on July 23, 2026. The company reported a non‑GAAP earnings per share of $0.30, falling short of analysts’ expectations by $0.01. Total revenue for the quarter was $560.74 million, exceeding forecasts by $3.71 million.
Key Financial Highlights
- Non‑GAAP EPS: $0.30 (misses consensus by $0.01)
- Revenue: $560.74 million (beat consensus by $3.71 million)
- Dividend: The company maintained its quarterly cash dividend at $0.11 per share.
Preferred Stock Dividend Updates
During the same reporting period, Valley National Bancorp also declared dividends for several preferred stock series:
| Preferred Series | Dividend Declared |
|---|---|
| 5.50% Fixed‑to‑Floating, Non‑Cumulative, Perpetual, Series B | $0.4838 |
| Fixed‑Rate Reset Perpetual Preferred, Series C | $0.5156 |
| 6.25% Preferred, Series A | $0.5011 |
These dividends were announced on July 21, 2026, alongside the maintenance of the regular cash dividend.
Corporate Context
Valley National Bancorp is a financial holding company headquartered in Morristown, New Jersey, operating primarily through its banking subsidiaries in northern New Jersey and Manhattan. The company’s market capitalization stands at $8.13 billion, with a price‑to‑earnings ratio of 13.68 and a trading price of $14.52 as of July 21, 2026. Its 52‑week trading range is $8.95 to $15.20.
The Q2 results confirm continued revenue growth while earnings fell slightly below market expectations, a trend that may influence investor sentiment in the coming periods.
