Valley National Bancorp Management
Management criteria checks 4/4
Valley National Bancorp's CEO is Ira Robbins, appointed in Jan 2017, has a tenure of 7.33 years. total yearly compensation is $5.42M, comprised of 18.5% salary and 81.5% bonuses, including company stock and options. directly owns 0.11% of the company’s shares, worth $4.19M. The average tenure of the management team and the board of directors is 6 years and 9.3 years respectively.
Key information
Ira Robbins
Chief executive officer
US$5.4m
Total compensation
| CEO salary percentage | 18.5% |
| CEO tenure | 7.3yrs |
| CEO ownership | 0.1% |
| Management average tenure | 6yrs |
| Board average tenure | 9.3yrs |
Recent management updates
Recent updates
Valley National Bancorp Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
Apr 28
Valley National Bank: Q1 Results Should Calm Fears
Apr 28Valley National Bancorp: Q4 Earnings Disappoint But Guidance Is Solid
Jan 29Valley National Bancorp (NASDAQ:VLY) Is Due To Pay A Dividend Of $0.11
Dec 10Valley National Bancorp's (NASDAQ:VLY) Dividend Will Be $0.11
Aug 18Is Now The Time To Put Valley National Bancorp (NASDAQ:VLY) On Your Watchlist?
Aug 09Valley National Bancorp (NASDAQ:VLY) Has Announced A Dividend Of $0.11
Jun 01Valley National Bancorp (NASDAQ:VLY) Is Due To Pay A Dividend Of $0.11
Dec 08Valley National Bancorp (NASDAQ:VLY) Is Paying Out A Dividend Of $0.11
Nov 24Valley National Bancorp: Strong Topline Growth On The Cards
Sep 29Valley National Bancorp prices $150M of subordinated notes
Sep 15Valley National Bancorp's (NASDAQ:VLY) Dividend Will Be $0.11
Sep 08Valley National Bancorp's (NASDAQ:VLY) Dividend Will Be $0.11
Aug 21Valley National Bancorp declares $0.11 dividend
Aug 16Valley National Bancorp parks $25M in an early-stage fintech-oriented Israeli VC
Aug 04Valley National Bancorp Non-GAAP EPS, revenue beats estimates
Jul 28Valley National Bancorp (NASDAQ:VLY) Has Announced A Dividend Of US$0.11
May 21Valley National Bancorp: Organic And Acquired Loan Growth To Boost Earnings
Mar 17Valley National Bancorp: Acquisition-Related Benefits In The Limelight
Dec 24Valley National Bancorp's (NASDAQ:VLY) Dividend Will Be US$0.11
Dec 11Valley National Bancorp: Upcoming Acquisitions To Mop-Up Some Excess Liquidity, Boost The Balance Sheet
Sep 29Valley National Bancorp (NASDAQ:VLY) Has Announced A Dividend Of US$0.11
Sep 05Valley National Bancorp (NASDAQ:VLY) Has Affirmed Its Dividend Of US$0.11
Aug 22Valley National Bancorp: Acquisition, Repricing Of Funds To Boost Earnings
Jul 14Do Valley National Bancorp's (NASDAQ:VLY) Earnings Warrant Your Attention?
Jul 05CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2024 | n/a | n/a | US$432m |
| Dec 31 2023 | US$5m | US$1m | US$482m |
| Sep 30 2023 | n/a | n/a | US$589m |
| Jun 30 2023 | n/a | n/a | US$627m |
| Mar 31 2023 | n/a | n/a | US$585m |
| Dec 31 2022 | US$6m | US$1m | US$556m |
| Sep 30 2022 | n/a | n/a | US$494m |
| Jun 30 2022 | n/a | n/a | US$438m |
| Mar 31 2022 | n/a | n/a | US$462m |
| Dec 31 2021 | US$5m | US$1m | US$461m |
| Sep 30 2021 | n/a | n/a | US$451m |
| Jun 30 2021 | n/a | n/a | US$431m |
| Mar 31 2021 | n/a | n/a | US$406m |
| Dec 31 2020 | US$5m | US$1m | US$378m |
| Sep 30 2020 | n/a | n/a | US$311m |
| Jun 30 2020 | n/a | n/a | US$290m |
| Mar 31 2020 | n/a | n/a | US$271m |
| Dec 31 2019 | US$4m | US$900k | US$297m |
| Sep 30 2019 | n/a | n/a | US$336m |
| Jun 30 2019 | n/a | n/a | US$324m |
| Mar 31 2019 | n/a | n/a | US$320m |
| Dec 31 2018 | US$3m | US$850k | US$249m |
| Sep 30 2018 | n/a | n/a | US$198m |
| Jun 30 2018 | n/a | n/a | US$168m |
| Mar 31 2018 | n/a | n/a | US$147m |
| Dec 31 2017 | US$3m | US$750k | US$152m |
Compensation vs Market: Ira's total compensation ($USD5.42M) is about average for companies of similar size in the US market ($USD6.66M).
Compensation vs Earnings: Ira's compensation has been consistent with company performance over the past year.
CEO
Ira Robbins (48 yo)
7.3yrs
Tenure
US$5,416,463
Compensation
Mr. Ira D. Robbins, CPA, is Director at Federal Home Loan Bank of New York since January 01, 2023. He had been the President of Valley National Bancorp from January 5, 2017 to December 2021 and has been it...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 7.3yrs | US$5.42m | 0.11% $ 4.2m | |
| President & Chief Banking Officer | 2.4yrs | US$2.26m | 0.064% $ 2.4m | |
| Senior EVP & CFO | 4.8yrs | US$1.78m | 0.022% $ 824.3k | |
| Senior Executive Vice President of Commercial Banking | no data | US$1.42m | 0.11% $ 4.1m | |
| Senior EVP & Chief Risk Officer | 2.3yrs | US$1.70m | 0.0023% $ 84.3k | |
| Senior EVP & COO | less than a year | no data | 0.0046% $ 169.4k | |
| Executive VP & Chief Accounting Officer | 13.3yrs | no data | 0.012% $ 438.7k | |
| Head of Investor Relations | no data | no data | no data | |
| Senior EVP | 7.3yrs | US$1.71m | no data | |
| Senior VP | no data | no data | no data | |
| Senior EVP & Chief People Officer | no data | no data | 0.027% $ 994.9k | |
| Executive VP & Chief Risk Officer | 9.2yrs | no data | no data |
6.0yrs
Average Tenure
56yo
Average Age
Experienced Management: VLY's management team is seasoned and experienced (6 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 6.3yrs | US$5.42m | 0.11% $ 4.2m | |
| Independent Director | 29.3yrs | US$203.05k | 0.059% $ 2.2m | |
| Independent Director | 12.3yrs | US$173.49k | 0.091% $ 3.4m | |
| Independent Director | 6.3yrs | US$160.99k | 0.76% $ 28.1m | |
| Independent Lead Director | 20.5yrs | US$267.82k | 0.022% $ 808.4k | |
| Independent Director | 5.3yrs | US$212.29k | 0.012% $ 440.2k | |
| Independent Director | 16.4yrs | US$208.47k | 0.060% $ 2.2m | |
| Independent Director | 16.4yrs | US$208.17k | 0.020% $ 730.0k | |
| Vice-Chairman | 2.1yrs | US$1.23m | 0.012% $ 455.1k | |
| Independent Director | 12.3yrs | US$189.29k | 0.016% $ 605.9k | |
| Independent Director | 4.3yrs | US$206.79k | 0.0075% $ 277.5k | |
| Independent Director | 3.6yrs | US$187.29k | 0.0023% $ 84.7k |
9.3yrs
Average Tenure
60yo
Average Age
Experienced Board: VLY's board of directors are considered experienced (9.3 years average tenure).