Valley National Bank

What Valley National Bank does

Valley National Bancorp (NYSE: VLY), operating through its primary subsidiary Valley National Bank (dba Valley Bank), is a regional bank holding company headquartered in Wayne/Morristown, New Jersey, founded in 1927. With approximately $64 billion in assets and a workforce of 1,001-5,000, Valley ranks as the 29th-largest U.S. bank following its April 2022 acquisition of Bank Leumi USA (~$1.148 billion deal). The bank serves commercial, consumer, small business, and wealth management clients through a multi-channel distribution model combining physical branches, digital banking (Valley Bank Direct high-yield savings at 4% APY), and relationship-driven commercial banking teams across six of the top ten most populous U.S. metropolitan areas.

Valley generates revenue primarily through net interest income from lending and securities, supplemented by commercial banking fees, consumer banking fees, and wealth management services. Its GTM motion is relationship-driven, with Chief Banking Officers leading regional commercial expansion (New Jersey, Philadelphia/South Jersey, Arizona, Florida), complemented by a fintech ecosystem of Valley Foundry and Valley Ventures that supports partner banking and embedded finance distribution. Revenue streams are recurring in nature, anchored by deposit and loan relationships.

The bank's technology stack is built on a cloud-first infrastructure following migration of over 80% of data center capacity to the cloud under COO Russell Barrett's leadership, with a complete core banking architecture overhaul and 50+ digital transformation initiatives. AI capabilities span multiple modalities: UiPath agentic AI automates 61% of sanction-hit reviews across 14,000 monthly alerts, proprietary neural networks drive deposit pricing decisions, generative AI scales contact center operations, and machine learning supports loan origination and sales effectiveness. The bank holds a third consecutive 'Outstanding' Community Reinvestment Act rating from the OCC (2022-2024 evaluation), having extended $3.5 billion in community development loans and over $750 million in investments.

Name

Valley National Bank

Legal name

Valley National Bancorp

Website

https://valley.com

Company type

Public

Founded year

1927

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Valley National Bank (NYSE: VLY) is a New Jersey-based regional bank holding company with ~$64 billion in assets, serving commercial, consumer, small business, and wealth management clients across six of the top ten most populous U.S. metropolitan areas through branches, digital banking, and relationship-driven commercial teams.

Ownership category

akta.pro rank

Product category

Regional Banking

NAICS

Commercial Banking (52211), Commercial Banking (522110)

SIC

National Commercial Banks (6021), Functions Related To Depository Banking, Nec (6099)

akta.pro primary industry

Public Sector Retail Banks (State-Owned Commercial Banks) (FSABAKAL)

akta.pro secondary industry

Regional/Diaspora-focused Neobanks (FSABAFAK)

Keywords

• Commercial banking services
• Consumer banking products
• Wealth management services
• Small business lending
• Syndicated credit facilities

Headquarters

HQ city

Wayne

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

1. Net Interest Income: Traditional banking revenue from interest earned on loans and securities, including consumer and commercial lending operations.
2. Commercial Banking: Relationship-driven commercial banking services including lending, treasury management, and financial services for business clients across multiple U.S. metropolitan areas.
3. Consumer Banking: Retail banking services including deposits, loans, and financial products for individual consumers through branch network and digital channels.
4. Wealth Management: Wealth management and investment services as part of the bank's diversified financial services offerings.

Pricing tiers

Distribution channels4 records

Marketing channels4 records

Core offering

Valley National Bank is a regional bank that provides consumer banking (deposits, savings, personal lending), commercial banking (C&I lending, commercial real estate, treasury management), and wealth management services to individuals and businesses. It operates a branch network and digital banking platform (Valley Bank Direct) across six of the top ten most populous U.S. metropolitan areas, and supports fintech innovation through Valley Foundry and Valley Ventures.

Product overview

Valley National Bank operates as a regional financial institution with approximately $64 billion in assets, organized around three core business lines: Consumer Banking (deposit products, checking/savings accounts, personal lending), Commercial Banking (commercial real estate, C&I lending, business banking with geographic expansion into major MSAs), and Wealth Management. The bank supplements its core offerings with specialized services including Small Business Banking, Partner Banking (fintech partnerships via Valley Foundry and Valley Ventures), and digital products like Valley Bank Direct high-yield savings. The bank is undergoing digital transformation with over 50 initiatives, leveraging AI for deposit pricing, operational automation, and customer service. Notable acquisitions include Bank Leumi USA (2022) which expanded its U.S. market presence.

Differentiator

Problem solved

Functional benefit

Brands

• Valley Foundry: Fintech exploration arm of Valley National Bank supporting innovation ecosystem.
• Valley Ventures

Products and services

• Consumer Banking
• Commercial Banking
• Wealth Management
• Small Business Banking
• Valley Bank Direct (High-Yield Savings)
• Partner Banking
• Asset-Based Lending

Quantifiable outcome

• 61% of sanction-hit reviews automated using UiPath AI solutions
• +2 more outcomes

Named customers4 records

Segments3 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability9 records

Feature4 records

Partnerships

One partnership is on record.

• UiPathcoreTechnology or IntegrationValley National Bank uses UiPath's agentic AI solutions for financial crime compliance and loan origination. Early results show 61% of sanction-hit reviews automated and 14,000 alerts processed monthly. The bank leverages WorkFusion technology acquired by UiPath in February 2026.

Scale indicators8 records

Recent moves8 records

Expansion highlights6 records

Direct peers

• UMB Financial: UMB is a regional bank with diversified commercial banking, treasury management, and institutional services that parallel Valley's relationship-driven commercial banking motion.
• Commerce Bancshares: Commerce Bancshares is a regional bank with strong commercial and consumer banking operations across the Midwest, comparable in scale and business mix to Valley.
• East West Bank: East West Bank is a regional commercial bank with a strong commercial banking franchise and notable specialty lending exposures, comparable in size and business mix to Valley National Bank.
• M&T Bank: M&T Bank is a Northeast-anchored regional bank holding company with a comparable mix of commercial banking, retail deposits, and wealth management. Its recent acquisition of People's United and similar commercial banking motion make it a direct strategic comparable to Valley.
• Citizens Financial Group: Citizens is a regional commercial and consumer bank headquartered in Providence, RI with similar middle-market commercial banking focus and a Northeast deposit franchise that overlaps with Valley's core geography.
• Webster Bank: Webster is a Northeast-focused commercial and consumer bank with comparable business banking services. Its recent acquisition by HSB signals similar M&A-driven growth patterns to Valley's Bank Leumi USA deal.
• New York Community Bancorp (Flagstar Financial): NYCB/Flagstar operates a multi-state regional banking franchise with heavy concentration in the NY/NJ metro area that directly overlaps with Valley's core deposit base and CRE lending exposure.
• First Citizens BancShares: First Citizens is an acquisitive regional commercial bank with a similar growth-via-acquisition strategy and comparable commercial banking capabilities across multiple US geographies.
• BankUnited: BankUnited is a regional commercial bank with a relationship-driven middle-market lending focus and a digital deposit franchise, closely mirroring Valley's commercial banking emphasis.
• Pinnacle Financial Partners: Pinnacle is a high-performing regional commercial bank with a relationship-driven model and Southeast/Mid-South presence, making it a comparable analog to Valley's expansion-led strategy.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles12 records

Subsidiaries1 record

Funding overview

Funding rounds2 records

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A7 records

Investments14 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Valley National Bank