Valley National Bancorp (NASDAQ:VLY) Q3 2022 Earnings Conference Call October 27, 2022 11:00 AM ET Company Participants Travis Lan – Head of Investor Relations Ira Robbins – Chief Executive Officer Tom Iadanza – President Mike Hagedorn – Chief Financial Officer Conference Call Participants Michael Perito – KBW Frank Schiraldi – Piper Sandler Dave Bishop – Hovde Group Steven Alexopoulos – JPMorgan Matthew Breese – Stephens Inc. Jon Arfstrom – RBC Capital Markets Travis Lan Good morning, and welcome to Valley ...

3 Q 2 2 E a r n i n g s P r e s e n t a t i o n > O c t o b e r 2 7 , 2 0 2 2 Forward Looking Statements The foregoing 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 conditio ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 10-Q (Mark One) ☒ Quarterly Report Pursuant to Section 13 or 15 (d) of the Securities Exchange Act of 1934 For the Quarterly Period Ended June 30, 2022 OR ☐ Transition Report Pursuant to Section 13 or 15 (d) of the Securities Exchange Act of 1934 For the transition period from to Commission File Number 1-11277 Valley National Bancorp (Exact name of registrant as specified in its charter) New Jersey 22-2477875 (State or other jurisdic ...

Valley National Bancorp (NASDAQ:VLY) Q2 2022 Earnings Conference Call July 28, 2022 11:00 AM ET Company Participants Travis Lan - Head of IR Ira Robbins - President & CEO Tom Iadanza - President Mike Hagedorn - CFO Conference Call Participants Michael Perito - KBW Frank Schiraldi - Piper Sandler Matthew Breese - Stephens Dave Bishop - Hovde Group Jon Arfstrom - RBC Capital Markets Operator Good day, and thank you for standing by. Welcome to Q2 2022 Valley National Bancorp Earnings Conference Call. At this t ...

2 Q 2 2 E a r n i n g s P r e s e n t a t i o n > J u l y 2 8 , 2 0 2 2 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 ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 10-Q (Mark One) ☒ Quarterly Report Pursuant to Section 13 or 15 (d) of the Securities Exchange Act of 1934 For the Quarterly Period Ended March 31, 2022 OR ☐ Transition Report Pursuant to Section 13 or 15 (d) of the Securities Exchange Act of 1934 For the transition period from to Commission File Number 1-11277 Valley National Bancorp (Exact name of registrant as specified in its charter) New Jersey 22-2477875 (State or other jurisdi ...

1 Q 2 2 E a r n i n g s P r e s e n t a t i o n > A p r i l 2 8 , 2 0 2 2 Forward Looking Statements The foregoing 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 a ...

Valley National Bancorp (NASDAQ:VLY) Q1 2022 Earnings Conference Call April 28, 2022 11:00 AM ET Company Participants Travis Lan - Head of Investor Relations Ira Robbins - President and CEO Tom Iadanza - President Mike Hagedorn - Chief Financial Officer Conference Call Participants Frank Schiraldi - Piper Sandler Michael Perito - KBW Steven Alexopoulos - JPMorgan Matthew Breese - Stephens Dave Bishop - Hovde Group Operator Thank you for standing by, and welcome to the First Quarter 2022 Valley National Banc ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☑ ANNUAL REPORT PURSUANT TO SECTION 13 or 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2021 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 1-11277 VALLEY NATIONAL BANCORP (Exact name of registrant as specified in its charter) New Jersey 22-2477875 (State or other jurisdiction of ...

Financial Performance - The company's diluted EPS has shown consistent growth from 2019 to 2021[4] - Return on Average Assets has increased from 0.93% in 2019 to 0.98% reported and 0.96% to 0.99% adjusted in 2020 and 2021 respectively[5] - Net Interest Income increased from $898 million in 2019 to $1,125 million in 2021 reported and $1,119 million to $1,210 million ex PPP[7] - The efficiency ratio improved from 56.8% reported and 53.8% adjusted in 2019 to 50.7% reported and 48.4% adjusted in 2021[10] - Total Risk-Based Capital Ratio increased from 11.72% in 2019 to 13.10% in 2021, and Tangible Book Value per Share grew from $6.73 in 2019 to $7.94 in 2021[12] Loan Growth - Total loans have increased by $16.9 billion since 2016, split approximately evenly between organic and acquired loans[17] - Total loans have increased at a CAGR of 14.7%, while organic loans (ex PPP) have increased at a CAGR of 8.2%[18] - In 4Q21, the company experienced annualized organic non-PPP loan growth of approximately 13% (excluding Westchester)[23] - Non-Owner Occupied CRE increased +14% / +$1.9 billion in 2021[41] 4Q 2021 Highlights - Net Income for 4Q21 was $115 million reported and $120.5 million adjusted[23] - Return on Average Assets for 4Q21 was 1.08% reported and 1.14% adjusted, or 0.98% reported and 1.03% adjusted excluding PPP[23] - Efficiency Ratio for 4Q21 was 52.2% reported and 49.4% adjusted[23] - Pre-Provision Net Revenue for 4Q21 was $169 million reported and $178.8 million adjusted[23] Deposits and Funding - As of 4Q21, PPP balances have declined to $436 million from a peak of $2.4 billion in 1Q21[26] - Cost of total deposits declined 3bp to 0.15% from 0.18% in 3Q21[38] 2022 Targets & Outlook (Excludes Leumi) - Organic, non-PPP loan growth between 7% - 9% (based on 2021 gross loans of $33.7 billion, ex-PPP)[67] - Net interest income growth between 5% - 7% (from full-year 2021 of $1,210 million, includes PPP income)[67] - Adjusted efficiency at or below 50%[67]