VALLEY NATIONAL BANCORP

Overview

Valley National Bancorp is a U.S. regional bank holding company whose principal business is providing consumer and commercial banking services. Its offerings include deposits and lending, along with treasury management and wealth-related services. The company describes its mission as providing superior banking services promptly, accurately, and courteously.[1][2]

Its footprint is concentrated in the eastern United States, with operations serving customers in New Jersey, New York, Florida, Pennsylvania, Alabama, California, Illinois, and Arizona. As of June 30, 2026, Valley reported approximately $66.3 billion in assets and 228 branches.[3] The company’s About page reports more than 3,800 employees.[4] [1]+3

Products & services

Valley National Bancorp offers consumer deposit products including All Access Checking, Teen Checking and Milestone Checking, as well as All Access Savings, Kids First Savings, Premium Money Market accounts and certificates of deposit. Its personal digital services include online and mobile banking, Zelle, bill payment, mobile check deposit and mobile-wallet access.[5]+2

Consumer lending products include residential mortgages, auto loans, home-equity loans, secured personal lines, credit cards and other consumer loans. The bank also offers business-purpose loans to wealth-management clients. At June 30, 2026, Consumer Banking represented 19.4% of the loan portfolio; residential mortgages and auto loans represented 11.4% and 4.1%, respectively.[8][9]

Commercial products include business deposit accounts, checking and CDs; lines of credit and term loans; commercial and multifamily mortgages; equipment and asset-based lending; and SBA 7(a) loans. Treasury and payment services include cash and liquidity management, fraud mitigation, payroll, merchant payment collection, and online/mobile tools with accounting-software integration.[10]+5

Wealth and insurance services include asset-management advisory, brokerage, trust, personal and title insurance, tax-credit advisory, and domestic and international private banking.[16][17] [8]+12

Geographic presence

Valley National Bancorp’s 230-branch network spans northern and central New Jersey; Manhattan, Brooklyn and Queens; Long Island and Westchester County, New York; and Florida, California, Alabama and Illinois. At year-end 2025, 55% of branches were in New Jersey, 18% in New York, 18% in Florida, and 9% combined in Alabama, California and Illinois. These figures describe branch locations, not revenue or deposits.[1]

The company identifies northern and central New Jersey, New York City, Long Island, Westchester County and Florida as primary lending markets; California, Illinois, Alabama and nearby markets including Pennsylvania are less significant. It also lends to selected commercial customers beyond its traditional footprint and originates auto loans in additional states.[18] Valley identifies northern and central New Jersey, New York City, Long Island, Westchester County, Florida and Alabama as top deposit markets.[19] [1]+2

Business segments

Valley National Bancorp reports two operating segments: Consumer Banking and Commercial Banking. Treasury and Corporate Other is reported separately as a residual category for activities not assigned to the operating segments, rather than as a third operating segment. The company reported no operating-segment changes during the first half of 2026.[20]+2

Consumer Banking includes residential mortgages, automobile and other consumer loans, home-equity loans, and wealth-management-related lending. It also encompasses wealth management and insurance services, including asset-management advisory, brokerage, trust, insurance, tax-credit advisory, and private banking.[8]+2 Commercial Banking focuses on commercial-and-industrial, construction, owner-occupied real-estate, and other commercial real-estate lending.[25][26] Treasury and Corporate Other mainly includes Treasury-managed investment securities and income, along with certain support-function and other items not directly assigned to the operating segments.[27][28]

As an approximate contribution measure, net interest income plus non-interest income before provision for credit losses accounted for about 19% from Consumer Banking, 73% from Commercial Banking, and 8% from Treasury and Corporate Other in FY2025. For the first half of 2026, the corresponding shares were approximately 19%, 72%, and 9%. These percentages are calculated from the reported segment tables.[29][30] [20]+11

Company history

Valley National Bancorp traces its origins to Passaic Park Trust Company, founded in 1927. It became Bank of Passaic and Trust Company in the mid-1930s, then The Bank of Passaic and Clifton after acquiring Bank of Allwood in 1956. Following its 1976 acquisition of Bank of Wayne, it adopted the Valley National Bank name.[4]

Valley expanded into New York through its 2001 merger with Merchants New York Bancorp and its 2011 merger with State Bancorp. It broadened its Florida presence by completing its merger with CNLBancshares in 2015 and acquiring USAmeriBancorp effective in 2018. In 2018, Ira Robbins succeeded Gerald H. Lipkin as CEO.[31]+4

The company continued its regional expansion with the 2019 merger of Oritani Financial, the 2021 merger with The Westchester Bank Holding Corporation, and its 2022 acquisition of Bank Leumi USA.[36]+2 [4]+8

Sources

• VALLEY NATIONAL BANCORP — Full financial report (2025 Y)
  9 citations

  [1][18][19][20][23][24][26][27][29]
• valley.com[2]
• VALLEY NATIONAL BANCORP — Full financial report (2026 Q 2)
  8 citations

  [3][8][16][21][22][25][28][30]
• www.valley.com[4]
• www.valley.com[5]
• www.valley.com[6]
• www.valley.com[7]
• www.valley.com[9]
• www.valley.com[10]
• www.valley.com[11]
• valley.com[12]
• www.valley.com[13]
• www.valley.com[14]
• www.valley.com[15]
• www.valley.com[17]
• www.sec.gov[31]
• ir.valleynationalbank.com[32]
• ir.valleynationalbank.com[33]
• ir.valleynationalbank.com[34]
• www.prnewswire.com[35]
• www.nasdaq.com[36]
• ir.valleynationalbank.com[37]
• www.sec.gov[38]