NasdaqGS:VLYBanks
Did Stronger Q2 Results and Steady Dividend Just Reframe Valley National Bancorp’s (VLY) Capital Story?
In July 2026, Valley National Bancorp reported past second-quarter 2026 results showing net interest income of US$487.02 million and net income of US$170.89 million, both higher than a year earlier, alongside lower net charge-offs of US$22.05 million versus US$37.83 million.
Despite authorizing buybacks earlier in the year, the bank repurchased no shares in the most recent quarter while still affirming a quarterly dividend of US$0.11 per share, underscoring a preference for cash returns over...