Valley National Bancorp(VLY) - 2024 Q4 - Earnings Call Presentation

4Q24 Earnings Presentation ▪ Significant balance sheet strength reflecting lower-cost core deposit growth, incremental capital, and enhanced loan diversity. ▪ Adjusted pre-tax pre-provision net revenue ' increased 17% vs. a year aqo and adjusted PPNR / average assets ' is virtually flat vs 3Q24. ▪ Net interest income increased over 3%, expanding for the third consecutive quarter, primarily as a result of lower-cost core deposit growth and strong deposit beta performance. 4 Strategic Imperatives for 2025 Our ...