Key Takeaways Valley National Bancorp approved a new program to repurchase up to 25M common shares by April 2028.VLY bought 6.1M shares in 2025 at $10.41 under its prior plan set to expire in April 2026.VLY holds $1.58B in cash and maintains dividends, backed by a BBB- credit rating.Valley National Bancorp’s (VLY) board of directors announced a new stock repurchase program, authorizing the buyback of up to 25 million shares of its common stock. The new program will become effective on April 27, 2026, and wi ...

Stock Repurchase Program - Valley National Bancorp's Board of Directors approved a new stock repurchase program for up to 25 million shares of common stock, effective from April 27, 2026, to April 27, 2028 [1][2] - The current stock repurchase program is set to expire on April 26, 2026, unless terminated sooner [1] Repurchase Methods and Flexibility - Repurchases can be conducted through various methods, including open market purchases and Rule 10b5-1 trading plans, in compliance with SEC regulations [2] - The program does not obligate Valley to acquire a specific number of shares and can be suspended or discontinued at the company's discretion [2] Company Overview - Valley National Bank, a regional financial institution and principal subsidiary of Valley National Bancorp, has approximately $64 billion in assets and operates over 200 offices across several states [3] - The bank offers a full range of consumer, commercial, and wealth management solutions, emphasizing a relationship-led approach to support community investment and corporate citizenship [3]

Key Takeaways VLY's 2025 revenues climbed to $2.03B, lifted by strong NII and fee income growth.Valley National saw NIM rebound in 2025 on lower funding costs and deposit growth.VLY projects 11-13% NII growth in 2026, with 4-6% loan growth and margin expansion.Valley National Bancorp (VLY) reported a 9.3% year-over-year increase in 2025 total revenues to $2.03 billion. The growth was primarily driven by a substantial increase in net interest income (NII), supported by higher average loan balances and a nota ...

Core Insights - Valley Bank has released findings from its second annual Middle-Market C&I Survey, indicating a positive outlook as businesses enter 2026 with momentum [1] Group 1: Survey Findings - The survey highlights that middle-market companies are experiencing growth and optimism, with many planning to increase investments in the coming years [1] - A significant percentage of respondents, approximately 70%, reported that they expect their revenues to grow in 2026 [1] - The survey also indicates that 60% of businesses are looking to expand their workforce, reflecting confidence in economic conditions [1] Group 2: Economic Outlook - The findings suggest that middle-market firms are adapting to changing economic conditions, with many prioritizing digital transformation and sustainability initiatives [1] - Companies are increasingly focused on managing supply chain challenges, with 55% of respondents indicating that they have implemented new strategies to mitigate risks [1] - The survey reveals that access to capital remains a critical concern, with 45% of businesses expressing the need for better financing options to support their growth plans [1]

Core Insights - Valley National Bancorp (VLY) shares have increased by 29.3% over the past three months, outperforming the industry growth of 21.3% and the S&P 500 Index's rise of 2.9% [1] - Compared to peers, Webster Financial Corporation (WBS) has outperformed VLY, while Fulton Financial Corporation (FULT) has performed similarly to VLY [1] Financial Performance - Valley National's revenue has shown a compound annual growth rate (CAGR) of 9.2% over the last five years, driven by rising loan balances [4] - The Zacks Consensus Estimate for VLY's revenues in 2026 and 2027 is projected at $2.23 billion and $2.43 billion, indicating year-over-year growth rates of 9.6% and 9.1% respectively [5][7] - The current quarter revenue estimate is $529.33 million, with a year-over-year growth estimate of 10.35% [8] Growth Drivers - The company is focusing on organic growth through increased loan balances and enhancing fee income from treasury solutions, foreign exchange, and syndication platforms [4][5] - Valley National has been expanding through acquisitions, including the purchase of Bank Leumi Le-Israel B.M.'s U.S. banking arm in 2022 and Westchester Bank in 2021, which are expected to diversify revenues [8][9] Margin and Capital Management - The net interest margin (NIM) has improved to 3.05% in 2025 from 2.85% in 2024, with expectations for continued improvement despite recent interest rate cuts [9][10] - Valley National has maintained a quarterly dividend of 11 cents per share since 2018 and has a share repurchase program authorized for up to 25 million shares [10][11] Challenges - The company's expenses have increased at a CAGR of 12.1% over the last five years, primarily due to higher salaries and occupancy costs [12] - A significant portion of the loan portfolio is exposed to commercial real estate (CRE) and residential mortgage loans, which could pose risks if economic conditions worsen [14][16] Future Outlook - Analysts are optimistic about VLY's earnings growth, with the 2026 earnings estimate revised upward to $1.25, reflecting a year-over-year growth of 26.3% [18] - Despite concerns over risky loan portfolios and elevated operating expenses, the company is expected to enhance shareholder value through effective capital distributions [21][22]

Group 1 - The stock price of Silicon Valley Bank (VLY.OQ) has shown a downward trend, with a decline of approximately 3.79% from the opening price of $13.64 on February 9 to $13.19 on February 13, 2026 [1] - The stock experienced a trading range of 6.42%, with the highest price at $13.87 on February 11 and the lowest at $12.99 on February 12 [1] - Trading volume significantly increased to about $121 million on February 12, with a turnover rate of 1.65%, but decreased to $3.56 million on February 13, indicating a short-term liquidity contraction [1] Group 2 - Institutional outlook on Silicon Valley Bank's short-term prospects is optimistic, with 86% of 14 covering institutions rating it as "buy" or "hold," and no "sell" recommendations [2] - The average target price is set at $14.61, indicating potential upside from the current stock price [2] - Earnings forecasts suggest a substantial year-over-year increase of 138.46% in earnings per share to $0.289 for Q4 2025, and a projected revenue growth of 9.78% for Q1 2026, reflecting expectations of fundamental improvement [2]

Group 1 - The stock price of Silicon Valley Bank (VLY.OQ) fluctuated between $13.46 and $13.86 from February 6 to February 11, 2026, with a cumulative increase of 0.30% and a trading volume of approximately $321 million [1] - On February 6, the stock price increased by 1.26%, but experienced declines on February 10 and 11, with decreases of 0.58% and 0.29% respectively [1] - The turnover rate showed significant volatility, reaching 1.80% on February 6 and dropping to 0.36% by February 11 [1] Group 2 - According to the latest data from February 2026, 86% of 14 institutions rated the stock as "buy" or "hold," while 14% recommended "hold," with no "sell" ratings [2] - The average target price is set at $14.61, indicating potential upside from the current price of $13.58 [2] - Earnings per share for Q4 2025 is projected to be $0.289, reflecting a year-over-year growth of 138.46%, while Q1 2026 revenue is expected to grow by 9.78% year-over-year [2]

Core Viewpoint - Valley National Bancorp (VLY) has shown strong performance over the past year, with a stock price increase of 22% [1] Business Diversification - The company has been actively diversifying its business by reducing its exposure to commercial real estate (CRE) [1] - Valley National Bancorp is building capital to position itself for sustainable earnings [1]

Core Viewpoint - Valley National Bancorp (VLY) has shown strong performance over the past year, with a 22% increase in share value, indicating effective business diversification and risk management strategies [1] Company Performance - The company has successfully reduced its exposure to commercial real estate (CRE), which is a strategic move to mitigate risks associated with that sector [1] - Valley National Bancorp is focused on building capital to position itself for sustainable earnings in the future [1]

Core Insights - Valley National Bancorp (VLY) reported better-than-expected quarterly results, with adjusted earnings per share (EPS) of 31 cents, surpassing the Zacks Consensus Estimate of 29 cents and significantly up from 13 cents in the prior year [2][9] Financial Performance - The fourth-quarter 2025 adjusted EPS of 31 cents was supported by increased net interest income (NII) and non-interest income, along with lower provisions for credit losses [3][9] - For the full year 2025, adjusted EPS was 99 cents, beating the Zacks Consensus Estimate of 97 cents, representing a 59.7% increase year over year [4] - Net income on a GAAP basis for 2025 was $598 million, up 57.3% year over year [4] Revenue and Income Breakdown - Total revenues for the fourth quarter were $542.5 million, a 14.1% increase year over year, exceeding the Zacks Consensus Estimate of $524.7 million [5] - For 2025, total revenues reached $2.03 billion, up 9.3%, also surpassing the Zacks Consensus Estimate of $2.01 billion [5] - NII for the fourth quarter was $466.1 million, a 9.9% increase year over year, with a net interest margin of 3.17%, expanding by 25 basis points [6] Expense Management - Non-interest expenses for the fourth quarter were $299.4 million, up 7.5% year over year, while adjusted non-interest expenses rose 5% to $289.5 million [6] - The adjusted efficiency ratio improved to 53.49%, down from 57.21% in the prior-year quarter, indicating enhanced profitability [7] Loan and Deposit Growth - As of December 31, 2025, total loans were $50.1 billion, up 1.8% from the previous quarter, and total deposits were $52.2 billion, up 2% [8] Credit Quality - Total non-performing assets (NPAs) were $439.8 million, an increase of 17.8% year over year, while the allowance for credit losses as a percentage of total loans was 1.19%, up 2 basis points [8] Profitability and Capital Ratios - The adjusted annualized return on average assets was 1.14%, up from 0.48% in the prior year, and the return on average shareholders' equity was 9.33%, up from 4.17% [11] - The tangible common equity to tangible assets ratio was 8.82%, up from 8.40% in the previous year, and the Tier 1 risk-based capital ratio was 11.69%, up from 11.55% [12] Share Repurchase Activity - In the reported quarter, VLY repurchased 4.3 million shares at an average price of $10.93 under its ongoing stock buyback program [13] Strategic Outlook - The company's focus on strengthening fee income, higher NII, and solid loan and deposit growth is expected to support its financials, despite concerns over rising costs and asset quality [14]