Valley National Bancorp Q1 2026 net income $163.9 million, $0.28 per diluted share
Valley National Bancorp reported first quarter 2026 net income of $163.9 million, or $0.28 per diluted share. That was up from $106.1 million, or $0.18 per share, a year earlier but down from $195.4 million, or $0.33 per share, in the fourth quarter of 2025. Net interest margin was 3.17 percent, up 21 basis points from a year earlier, and the company repurchased 4.0 million shares during the quarter.
Key points
- Net income $163.9 million, $0.28 per diluted share, versus $195.4 million, $0.33 in Q4 2025 and $106.1 million, $0.18 in Q1 2025
- Adjusted net income (non-GAAP) $168.9 million, $0.29 per diluted share, versus $180.2 million, $0.31 in Q4 2025
- Net interest margin 3.17 percent, unchanged from Q4 2025 and up 21 basis points from Q1 2025
- Non-interest expense rose $10.5 million to $309.9 million from Q4 2025; provision for credit losses for loans was $21.2 million, versus $62.7 million in Q1 2025
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 12:57 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on April 23, 2026.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.