Here for an exclusive sitdown with us is Valley National Bank CEO Ira Robbins. You guys just beat top and bottom line in earnings yesterday. Got about is it 63 billion or so in assets.Um it's great to see you. Welcome first of all. Wonderful to be here.I kind of want to talk to you about stable coins although maybe I'm just jumping way too far ahead of ourselves. We can go there if you like. I think it's what are your thoughts.You interesting, right. So you mentioned about the Sovus Pinnacle deal and I thin ...

Core Viewpoint - Valley National Bancorp reported strong second-quarter 2025 adjusted earnings per share of 23 cents, exceeding estimates and reflecting a significant year-over-year increase of 76.9% [1][9]. Financial Performance - The company's total revenues reached $496.3 million, marking a 9.3% increase year-over-year and surpassing the Zacks Consensus Estimate of $493.2 million [3][9]. - Net interest income (NII) was $433.7 million, up 7.6% year-over-year, with a net interest margin of 3.01%, expanding by 17 basis points [3]. - Non-interest income rose 22.2% year-over-year to $62.6 million, driven by increases in most fee income components [4]. - Non-interest expenses increased by 2.4% year-over-year to $284.1 million, with adjusted non-interest expenses rising 1.2% to $273.3 million [4]. Asset Quality and Credit Metrics - Total loans as of June 30, 2025, were $49.4 billion, up 1.5% sequentially, while total deposits increased to $50.7 billion, also up 1.5% [5]. - Total non-performing assets were $360.8 million, reflecting a 15.3% year-over-year increase, with the allowance for credit losses as a percentage of total loans at 1.20%, up 14 basis points [6]. Profitability and Capital Ratios - Adjusted annualized return on average assets improved to 0.87%, up from 0.47% in the prior year, while the return on average shareholders' equity rose to 7.15% from 4.24% [7]. - The tangible common equity to tangible assets ratio was 8.63%, an increase from 7.52% year-over-year, and the Tier 1 risk-based capital ratio improved to 11.57% from 9.98% [8].

Valley National Bancorp (VLY -1.60%), a leading regional commercial bank with a strong presence in the Northeast and Florida, reported earnings on July 24, 2025. The headline: Both non-GAAP earnings and GAAP revenue exceeded Wall Street estimates. Adjusted diluted EPS (non-GAAP) came in at $0.23 versus an expected $0.22, while GAAP revenue totaled $495.0 million, topping estimates by about $2.3 million. the quarter showed steady momentum on several strategic fronts. However, concerns around commercial real ...

Valley National (VLY) reported $496.28 million in revenue for the quarter ended June 2025, representing a year-over-year increase of 9.3%. EPS of $0.24 for the same period compares to $0.13 a year ago.The reported revenue represents a surprise of +0.62% over the Zacks Consensus Estimate of $493.23 million. With the consensus EPS estimate being $0.22, the EPS surprise was +9.09%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determ ...

Valley National Bancorp (VLY) Q2 2025 Earnings Call July 24, 2025 11:00 AM ET Company ParticipantsTravis Lan - SEVP & CFOIra Robbins - Chairman & CEOChristopher Mcgratty - MD & Head - U.S. Bank ResearchMark Saeger - EVP & Chief Credit OfficerDavid Smith - Head - Consumer LendingManan Gosalia - Head - U.S. Midcaps Banks ResearchMatthew Breese - Managing DirectorJon Rau - Vice PresidentOperatorGood day, thank you for standing by. Welcome to the Q2 twenty twenty five Valley National Bancorp Earnings Conference ...

Financial Data and Key Metrics Changes - The company reported net income of $133 million or $0.22 per diluted share, compared to $106 million and $0.18 in the previous quarter, reflecting solid momentum in net interest income and non-interest income [4] - Adjusted net income was $134 million or $0.23 per share, up from $106 million on both reported and adjusted basis a quarter ago [4] - Profitability ratios, including return on average assets and return on tangible shareholders' equity, continue to trend higher and are on track to meet full year guidance [5] Business Line Data and Key Metrics Changes - Core deposit growth was $600 million, driven by growth in commercial non-interest bearing deposits and promotional CD offerings [14] - Non-interest income has grown at a 12% annual rate since 2017, more than double the pace of peers, with a significant improvement in the composition of that income [9][20] - C&I loan growth was particularly strong, with over $700 million growth, primarily from fund finance and healthcare verticals [50] Market Data and Key Metrics Changes - The company has added over 105,000 new deposit accounts, contributing to approximately 8% core deposit growth [6] - The geographic footprint combined with specialty verticals like healthcare and fund finance has provided flexibility and scale [8] - The CRE concentration ratio has declined to 349% from 474% at the end of 2023, surpassing year-end targets ahead of schedule [17] Company Strategy and Development Direction - The company is focused on deposit growth and funding transformation, with a deliberate investment in talent, technology, and targeted market penetration [6][10] - The strategic imperatives aim to transform Valley into a more diversified, efficient, and valuable institution, with a focus on capital markets, treasury management, and tax credit advisory offerings [10] - The company recognizes a disconnect between the quality of its franchise and the valuation of its shares, believing that continued execution of its strategy will close that gap over time [11] Management's Comments on Operating Environment and Future Outlook - Management anticipates continued net interest margin expansion driven by asset repricing and stable deposit pricing [27][28] - The outlook for loan growth is approximately 3% for the year, with net interest income growth estimates refined to a range of 8% to 10% [13] - Management expressed confidence in the credit outlook, expecting further normalization and a decline in provision and charge-offs throughout the year [22] Other Important Information - The company has grown cumulative tangible book value with dividends over 105% during the CEO's tenure, approximately 15% greater than the peer median [11] - The company remains extremely well capitalized relative to its risk profile, with ample flexibility to support strategic objectives [23] Q&A Session Summary Question: Can you speak to the ability to maintain deposit pricing given competitive nature and growth outlook? - Management anticipates margin will increase as the year progresses, driven by asset repricing and stability on the deposit side [27][28] Question: Can you provide comments about new non-accrual formation in the quarter? - The increase in delinquencies was driven by three credits, with two already cleared and the remaining expected to be resolved soon [51][52] Question: How is the competitive landscape in the technology and software sector affecting the company? - The company has built infrastructure to leverage its position in the technology sector, particularly through the acquisition of a team with strong market connections [39][40] Question: What are the expectations for loan growth in 2026? - While specific guidance for 2026 has not been provided, management anticipates low single-digit growth in CRE and overall loan growth could be closer to 5% [77]

2Q25 Earnings Presentation July 24, 2025 Forward Looking Statements This presentation contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements are not historical facts and include expressions about management's confidence and strategies and management's expectations about our business, new and existing programs and products, acquisitions, relationships, opportunities, taxation, technology, market conditions and economic expectations. The ...

Valley National (VLY) came out with quarterly earnings of $0.23 per share, beating the Zacks Consensus Estimate of $0.22 per share. This compares to earnings of $0.13 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +4.55%. A quarter ago, it was expected that this holding company for Valley National Bank would post earnings of $0.19 per share when it actually produced earnings of $0.18, delivering a surprise of -5.26%.Over the ...

Exhibit 99.1 News Release FOR IMMEDIATE RELEASE Contact: Travis Lan Senior Executive Vice President and Chief Financial Officer 973-686-5007 VALLEY NATIONAL BANCORP ANNOUNCES SECOND QUARTER 2025 RESULTS NEW YORK, NY – July 24, 2025 -- Valley National Bancorp (NASDAQ:VLY), the holding company for Valley National Bank, today reported net income for the second quarter 2025 of $133.2 million, or $0.22 per diluted common share, as compared to the first quarter 2025 net income of $106.1 million, or $0.18 per dilu ...

在具体推荐标的方面，摩根士丹利对13只个股给出积极展望： argenx SE(ARGX.US)因研发管线价值被低估获关注，目标价700美元。 Atlassian(TEAM.US)凭借持续20%以上营收增长潜力及利润率扩张预期，目标价320美元。 Chewy(CHWY.US)受益于营销与产品优化，预计收入维持或超越一季度水平，目标价50美元。 点击蓝字，关注我们 摩根士丹利策略团队重点关注15只具备短期催化潜力的个股，并指出标普500指数第二季度 盈利增长或超预期。 摩根士丹利策略团队近日发布研究报告，重点关注15只具备短期催化潜力的个股，并指出标普500 指数第二季度盈利增长或超预期。 以米歇尔·韦弗为首的策略团队分析称，当前市场普遍预期标普500指数二季度每股收益同比增长 5%，营收增长超4%，但实际增长可能更强劲。科技七巨头净利润预计同比增长14%，而其余493 家成分股则可能下滑3%。 尽管4月至5月期间分析师曾下调每股收益预期，但盈利修正幅度已从-25%回升至约1%，预计本季 度指数盈利将超预期，与历史平均4%-5%的超预期幅度基本持平。 伊顿公司(ETN.US)受益于美国电气业务利润率改善，目标价3 ...