Company Description
Valley National Bancorp operates as the holding company for Valley National Bank that provides various commercial, private banking, retail, insurance, and wealth management financial services products.
It operates through Consumer Banking, Commercial Banking, and Treasury and Corporate other segments. The company offers non-interest bearing, savings, NOW, money market, and time deposit accounts; commercial and industrial, commercial real estate, residential mortgage, and automobile loans; loans secured by the cash surrender value of life insurance; home equity loans and lines of credit; automobile financing; and secured and unsecured other consumer loans.
It also invests in various securities and interest-bearing deposits with other banks; and provides international banking services, such as standby and documentary letters of credit, and related products, as well as foreign exchange transactions, documentary collections, and foreign wire transfers services.
In addition, the company offers investment services for individuals and small to medium sized businesses; and trusts investment strategies designed for various investment profiles and objectives.
Further, it provides trust services, such as living and testamentary trusts, investment management, custodial and escrow services, and estate administration to individuals; tax credit advisory services; brokerage services; property and casualty, life, health, and title insurance agency services; and health care equipment lending and other commercial equipment leasing services, as well as owns real estate related investments.
Additionally, the company offers online, mobile, and telephone banking services; receivable, payment, and security solution, merchant, payroll processing, and liquidity services; credit cards; and drive-in and night deposit, automated teller machine, remote deposit capture, and safe deposit facility services.
Valley National Bancorp was founded in 1927 and is headquartered in Morristown, New Jersey.
| Country | United States |
| Founded | 1927 |
| Industry | Banks - Regional |
| Sector | Financials |
| Employees | 3,749 |
| CEO | Ira D. Robbins |
Contact Details
Address: One Penn Plaza New York, New York 10119 United States | |
| Phone | (973) 305-8800 |
| Website | valley.com |
Stock Details
| Ticker Symbol | VLY |
| Exchange | NASDAQ |
| Fiscal Year | January - December |
| Reporting Currency | USD |
| CIK Code | 0000714310 |
| CUSIP Number | 919794107 |
| ISIN Number | US9197941076 |
| Employer ID | 22-2477875 |
| SIC Code | 6021 |
Key Executives
| Name | Position |
|---|---|
| Ira D. Robbins | Chairman and Chief Executive Officer |
| Thomas A. Iadanza | President and Chief Banking Officer |
| Michael D. Hagedorn | Senior Executive Vice President and Chief Financial Officer |
| Joseph V. Chillura | Senior Executive Vice President of Commercial Banking |
| Raja A. Dakkuri | Senior Executive Vice President and Chief Risk Officer |
| Russell Barrett | Senior Executive Vice President and Chief Operating Officer |
| Mitchell L. Crandell | Executive Vice President and Chief Accounting Officer |
| Travis P. Lan | Head of Investor Relations |
| Ronald H. Janis | Senior EVice President, Corporate Secretary and General Counsel |
| Marc Piro | Senior Vice President, Head of Content, Creative and Public Relations |
Latest SEC Filings
| Date | Type | Title |
|---|---|---|
| Apr 25, 2024 | 8-K | Current Report |
| Apr 5, 2024 | S-3ASR | Automatic shelf registration statement of securities of well-known seasoned issuers |
| Apr 5, 2024 | ARS | Filing |
| Apr 5, 2024 | DEFA14A | Additional definitive proxy soliciting materials and Rule 14(a)(12) material |
| Apr 5, 2024 | DEF 14A | Other definitive proxy statements |
| Mar 11, 2024 | 144 | Filing |
| Feb 29, 2024 | 10-K | Annual Report |
| Feb 21, 2024 | 8-K | Current Report |
| Feb 13, 2024 | SC 13G/A | [Amend] Statement of acquisition of beneficial ownership by individuals |
| Jan 25, 2024 | 8-K | Current Report |