Valley National Bank

What sets Valley National Bank apart

How large is Valley National Bank?

The balance sheet of Valley National Bank at Q2 2026: assets $66.2 bn, deposits $54.3 bn, net loans $51.9 bn (loans equal to 95.49% of deposits). Securities make up 12.2% of total assets at Valley National Bank. Since Q1 2016, when Valley National Bank held $21.7 bn, its assets grew 205.5%. In the year to Q2 2026, deposits at Valley National Bank rose 7.0% while its total assets rose 5.7%. At Q2 2026, Valley National Bank employed 3,432 full-time equivalent staff across 232 offices, about $19.3 mn of assets per employee and $234.2 mn of deposits per office.

How much funding at Valley National Bank is uninsured?

At Valley National Bank, uninsured deposits (above the FDIC limit) made up 39.75% of domestic deposits at Q2 2026 (+1.91 pp on a year earlier); Valley National Bank ranks 188th of 500 on this measure. In dollars, Valley National Bank estimated $21.6 bn of uninsured deposits.

Key facts, Q2 2026

US rank of Valley National Bank: 1 = highest unless marked 1 = lowest.

The CET1 ratio of Valley National Bank stood at 12.28% in Q2 2026, -0.23 pp year on year. Low and high at Valley National Bank since Q1 2016: 9.95% (Q4 2018) to 12.78% (Q3 2021). Equity capital of Valley National Bank at Q2 2026: $8.4 bn, or 12.7% of total assets. Valley National Bank also reported a total capital ratio of 13.34% for Q2 2026, and a tier 1 leverage ratio of 10.25%.

On held-to-maturity securities, Valley National Bank carried an unrealized loss of $389.6 mn at Q2 2026, equal to 4.6% of equity capital. The loss narrowed by $53.6 mn over the year. Its deepest point: $647.6 mn in Q3 2023. The available-for-sale portfolio of Valley National Bank showed an unrealized loss of $125.4 mn at Q2 2026; the loss narrowed by $8.5 mn over the year.

For the year to Q2 2026, Valley National Bank earned a return on equity of 8.45%; return on assets: 1.08%. Net interest margin at Valley National Bank: 3.30%, +0.20 pp in a year. Valley National Bank net income: $349.4 mn, up 36.4% year on year. The efficiency ratio of Valley National Bank was 54.06%: about 54 cents cost per revenue dollar, against 50 cents at the median peer.

At Q2 2026, noncurrent loans were 0.91% of total loans at Valley National Bank; net charge-offs: 0.15% of average loans. Gross loans and leases at Valley National Bank: $52.5 bn, up 6.2% in a year.

The peer group of Valley National Bank is the 6 banks nearest to it by total assets at Q2 2026: 3 larger and 3 smaller. Of the peers, 3 share the charter type of Valley National Bank (national bank), 6 sit in the same size group ($10 bn to $100 bn) and 0 have head offices in New Jersey. Against them, Valley National Bank shows CET1 ratio 12.28% against a peer median of 13.69%, return on equity 8.45% against a peer median of 11.70% and uninsured deposit share 39.75% against a peer median of 49.61%.

The FDIC history of Valley National Bank, oldest first; figures before and after each event are not like for like.

1. 1 December 2015. Absorbed CNLBank (FDIC certificate 34427).
2. 1 January 2018. Absorbed USAmeriBank (FDIC certificate 58427).
3. 1 December 2019. Absorbed Oritani Bank (FDIC certificate 28866).
4. 1 December 2021. Absorbed The Westchester Bank (FDIC certificate 58652).
5. 1 April 2022. Absorbed Bank Leumi USA (FDIC certificate 19842).

Large one-quarter moves at Valley National Bank

• Total assets at Valley National Bank changed by +25.4% in the quarter to 2022-06-30: Merger -Without Assistance; Participated in Absorbtion/Consolidation/Merger: acquired from Bank Leumi USA.