- CEO
- Ira D. Robbins
- Full Time Employees
- 3,732
- Sector
- Financial Services
- Industry
- Banks - Regional
- Address
- One Penn Plaza New York City NY United States of America 10119
- IPO Date
- Oct 11, 2018
- Business
- Valley National Bancorp (VLYPP) serves as the holding company for Valley National Bank, a regional commercial bank providing a comprehensive range of financial services including commercial and industrial loans, commercial real estate financing, residential mortgages, home equity lines of credit, automobile loans, consumer lending, deposit products such as non-interest bearing checking, savings, NOW, money market and time deposits; treasury management solutions, wealth management, trust services, investment advisory, brokerage, property and casualty, life, health and title insurance agency services, international banking including standby and documentary letters of credit, foreign exchange transactions, and digital banking platforms encompassing online, mobile, telephone banking, Zelle, remote deposit capture and ACH origination. Founded in 1927 and headquartered in Morristown, New Jersey, the company operates approximately 230 branches and commercial offices across New Jersey, New York, Florida, Alabama, California and Illinois, serving consumer, commercial, small to medium-sized business, municipal and institutional clients with total assets exceeding $62 billion. Valley National Bancorp conducts its operations through Consumer Banking, Commercial Banking, and Treasury and Corporate segments, emphasizing relationship banking, specialized verticals in healthcare, fund finance and technology, and equipment leasing. In recent developments, the company sold nearly $1 billion of performing commercial real estate loans to Brookfield Asset Management in December 2024 to optimize its balance sheet and reduce concentration risk; partnered with Infinant in October 2025 to enhance partner banking capabilities via the Interlace platform for embedded finance and payments; completed a $433 million share repurchase program initiated in February 2024; and reported strong second and third quarter 2025 earnings with net interest margin expansion, loan growth in C&I and indirect auto segments, and deposit momentum in expansion markets including Florida, California, New Jersey and Chicago.