Valley National

What Valley National does

Valley National Bancorp is a Wayne, New Jersey-headquartered regional bank holding company (NASDAQ: VLY) with approximately $64 billion in assets, 220+ branch locations across eight states (New Jersey, New York, Florida, Alabama, California, Illinois, Pennsylvania, and Arizona), and presence in six of the top ten most populous U.S. metropolitan areas following its April 2026 Phoenix expansion. The company operates through its principal subsidiary, Valley National Bank, providing consumer banking, commercial banking, small business banking, treasury and corporate services, wealth management, and partner banking/embedded banking products to retail customers, commercial clients, and approximately 3.4 million small businesses.

Valley National has executed a substantial technology transformation under COO Russell Barrett since 2021, completing a full overhaul of its core banking architecture, migrating 80%+ of data center capacity to the cloud, and launching 50+ digital transformation initiatives. The bank deploys AI applications across anti-money laundering, operational quality, sales effectiveness, and employee training, and has assembled a fintech ecosystem through Valley Foundry (innovation accelerator) and Valley Ventures (fintech investment arm), complemented by a Partner Banking platform built with leaders from Piermont Bank, KeyBank, and Capital One.

The bank's revenue model is a traditional spread-based regional banking model: net interest income on $50.8 billion in loans and securities, net of interest paid on $52.9 billion in deposits, supplemented by non-interest income from fees, treasury management, digital banking, and wealth management services. Q1 2026 net interest margin was 3.17%, noninterest income grew 18% year-over-year, and the bank has maintained 53 consecutive years of dividend payments. Capital position is strong at a 10.9% CET1 ratio, and Valley's relationship-driven commercial banking strategy, led by President of Commercial Banking Gino Martocci, targets mid-market and commercial clients in growth metros, with recent leadership hires strengthening consumer banking, small business, digital, and partner banking functions.

Name

Valley National

Legal name

Valley National Bancorp

Website

https://valleynationalbank.com

Company type

Public

Founded year

1977

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Valley National Bancorp is a Wayne, New Jersey-based regional bank holding company with $64 billion in assets and 220+ branches across eight states. It provides consumer, commercial, small business, treasury, wealth management, and partner banking services to retail customers, businesses, and approximately 3.4 million small businesses.

Ownership category

akta.pro rank

Product category

Regional Commercial and Consumer Banking

NAICS

Depository Credit Intermediation (5221), Commercial Banking (52211)

SIC

National Commercial Banks (6021)

akta.pro primary industry

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

akta.pro secondary industry

Cooperative Banks (Member-Owned Commercial/Retail) (FSABAEAF)

Keywords

• Commercial banking services
• Consumer banking products
• Commercial real estate lending
• Small business banking
• Embedded partner banking

Headquarters

HQ city

Wayne

HQ country

United States

HQ region

North America

Offices6 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Net Interest Income: Primary revenue driver from interest earned on loans (including commercial real estate, residential mortgages, multi-family loans, small business loans) and securities, net of interest paid on deposits. Q1 2026 net interest margin of 3.17%. Total loans of $50.8 billion and deposits of $52.9 billion as of March 2026.
2. Non-interest Income: Fee income from banking services including digital banking, treasury management, and wealth management. Q1 2026 saw an 18% year-over-year increase in noninterest income.
3. Dividend Income: The holding company receives dividends from its subsidiary Valley National Bank. The company has maintained 53 consecutive years of dividend payments.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels5 records

Core offering

Valley National is a regional bank holding company that, through its principal subsidiary Valley National Bank, accepts consumer and commercial deposits and originates commercial real estate, commercial and industrial, residential mortgage, multi-family, and small business loans, supported by treasury management, wealth management, and digital banking services. It serves approximately 3.4 million small businesses and consumers across 220+ branches in eight states, and extends embedded/partner banking capabilities to fintech clients through Valley Foundry and Valley Ventures.

Product overview

Valley National operates as a regional bank holding company offering a diversified portfolio of banking products and services through its principal subsidiary Valley National Bank. The company provides Consumer Banking, Commercial Banking, Treasury and Corporate, Small Business Banking, Wealth Management, and Partner Banking services. The bank also maintains a fintech ecosystem through Valley Foundry and Valley Ventures initiatives, supporting digital transformation and innovation partnerships. With approximately $64 billion in assets and over 220 branch locations across multiple states, the bank combines relationship-driven traditional banking with technology-enabled digital channels.

Differentiator

Problem solved

Functional benefit

Brands

• Valley Foundry: Fintech ecosystem initiative for enterprise technology foundation and digital banking innovation
• Valley Ventures

Products and services

• Consumer Banking
• Commercial Banking
• Treasury and Corporate Services
• Small Business Banking
• Partner Banking
• Wealth Management
• Community Development Lending and Investment
• Digital and Assisted Banking Channels

Quantifiable outcome

• 3.17% net interest margin (Q1 2026)
• +5 more outcomes

Named customers5 records

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

One partnership is on record.

• Valley FoundrycoreOthersInnovation accelerator within Valley's fintech ecosystem, supporting development of new banking technologies and solutions. Part of Valley National's strategic investment in fintech innovation alongside Valley Ventures.

Scale indicators10 records

Recent moves10 records

Expansion highlights6 records

Emerging players

• Trustmark Corporation: Regional bank with diversified commercial and consumer banking across the Southeast. Comparable in mid-cap regional positioning and commercial banking emphasis, though somewhat smaller and more geographically concentrated.
• Pinnacle Financial Partners: Smaller but fast-growing regional bank with relationship-driven commercial model in Southeast markets. Comparable in commercial banking strategy and mid-cap regional positioning though somewhat smaller in asset base.

Direct peers

• Flagstar Financial (formerly New York Community Bancorp): Direct regional peer headquartered in NY metro with comparable asset size and overlapping footprint in New Jersey and New York commercial and consumer banking. Closest comparable on product mix, geography, and scale.
• M&T Bank Corporation: East Coast regional bank holding company of comparable size with similar commercial and consumer banking model. Overlaps with Valley in NJ/NY footprint and competes for similar middle-market commercial relationships.
• KeyCorp: Mid-size regional bank with commercial banking emphasis and digital transformation underway. Comparable in asset size and product mix; Valley hired multiple executives from KeyBank (Stephen Schroth, Jonas Ng) signaling direct competitive talent flow.
• Citizens Financial Group: Regional bank with strong East Coast presence including NJ/NY/CT and similar commercial and consumer banking focus. Comparable size range and product breadth; Valley hired Larricia Lumpkins from Citizens Bank for consumer sales leadership.
• First Horizon Corporation: Regional commercial bank with similar asset size, diversified loan portfolio including CRE, and comparable consumer banking exposure. Operates with similar relationship-driven commercial model in southeastern US markets.
• Zions Bancorporation: Regional bank holding company of comparable size with diversified commercial lending including CRE. Similar fee income diversification strategy and comparable earnings profile in the small/mid-cap bank segment.
• East West Bancorp: Commercial-focused regional bank with strong Asian-American business banking franchise. Comparable size range and similar commercial banking emphasis on relationship lending and CRE exposure.
• Webster Financial Corporation: Northeast-focused regional bank with commercial and consumer banking of comparable scale. Overlaps with Valley in the Northeast footprint and competes for similar commercial deposit and lending relationships.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat7 records

Key risks6 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles14 records

Subsidiaries1 record

Funding overview

Funding rounds4 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