• Valley National Bancorp first-quarter net income rose 54.5% to $163.9 million, lifting diluted EPS to $0.28 from $0.18 a year earlier.
• Net interest income increased 12.2% to $471.5 million, while net interest margin widened 21 basis points to 3.17%.
• Provision for credit losses fell 66.1% to $21.3 million; net charge-offs narrowed to $17.5 million from $41.9 million a year earlier.
• Deposits climbed $676.5 million to $52.9 billion, while loans increased $692.1 million to $50.8 billion, driven by $466 million growth in commercial real estate and $142.6 million in commercial and industrial balances.
• Valley projected full-year 2026 net interest income growth near high end of 11% to 13% range, with net interest margin expected to exceed 3.30% by end of 2026.

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: 0000714310-26-000027), on May 07, 2026, and is solely responsible for the information contained therein.