Valley National Q2 FY26 net income rises 28.34% to $170.9 million; revenue increases 13.27% to $560.7 million
VLY•Valley National reports higher Q2 FY26 profit and revenue
- Valley National Bancorp Q2 2026 net income rose 28.33% year over year to $170.9 million; diluted EPS increased to $0.29 from $0.22.
- Total revenue climbed 13.27% year over year to $560.7 million, while net interest margin (FTE) widened 19 basis points to 3.20%.
- Total loans increased $1.6 billion to $52.5 billion from March 31, led by $857.2 million C&I growth; deposits rose $1.3 billion to $54.1 billion.
- Credit costs eased year over year, with provision for credit losses down 22.84% to $29.2 million; net charge-offs fell to $22 million from $37.8 million.
- CEO Ira Robbins cited strong non-interest bearing deposit and C&I loan growth, expecting further financial improvement through the rest of the year.
Related News
Bankwell Financial beats Q2 revenue estimates, raises 2026 net interest income guidance
BWFG•
American Airlines Expects FY Adjusted EPS Between Loss And Profit Of $0.65, Despite $6 Billion YoY Headwind Related To Higher Jet Fuel Prices - Presentation
AAL•
