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Valley National misses Q2 earnings estimates on higher expenses, while higher NII and non-interest income, and lower provisions offer support.
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Valley National Bancorp (VLY) Q2 2026 Earnings Call Transcript
Valley National Bancorp NASDAQ: VLY reported second-quarter 2026 earnings that management said reflected continued progress in deposit gathering, relationship-based lending, fee income growth and operating efficiency.
The headline numbers for Valley National (VLY) give insight into how the company performed in the quarter ended June 2026, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Valley National (VLY) came out with quarterly earnings of $0.3 per share, missing the Zacks Consensus Estimate of $0.31 per share. This compares to earnings of $0.23 per share a year ago.
NEW YORK, July 23, 2026 (GLOBE NEWSWIRE) -- Valley National Bancorp (NASDAQ: VLY), the holding company for Valley National Bank, today reported net income for the second quarter 2026 of $170.9 million, or $0.29 per diluted common share, as compared to the first quarter 2026 net income of $163.9 million, or $0.28 per diluted common share, and net income of $133.2 million, or $0.22 per diluted common share, for the second quarter 2025. Excluding all non-core charges, our adjusted net income (a non-GAAP measure) was $172.8 million, or $0.30 per diluted common share, for the second quarter 2026, $168.9 million, or $0.29 per diluted common share, for the first quarter 2026, and $134.4 million, or $0.23 per diluted common share, for the second quarter 2025. See further details below, including a reconciliation of our non-GAAP adjusted net income, in the "Consolidated Financial Highlights" tables.
Besides Wall Street's top-and-bottom-line estimates for Valley National (VLY), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended June 2026.
SEC filings for VLY aren't indexed yet — common for recently launched funds. Browse the issuer's filings on SEC EDGAR directly.