Valley National Bank

Valley National Bank is the 43rd-largest bank in the United States, with $66.2 billion in assets at June 30, 2026, up 5.7% from a year earlier. It is headquartered in Passaic, New Jersey, and operates 232 domestic branches. It holds commercial real estate loans worth 3.3 times its capital, higher than about 9 in 10 of the 127 banks with $10 billion to $100 billion in assets (median 2.2 times). It also returns 8.6% a year on shareholders' equity, lower than about three-quarters of banks its size (median 11.1%).

Net income for the quarter rose 27% from a year earlier, to $180 million. Problem loans, meaning loans on nonaccrual or 90 or more days past due, net of government guarantees, rose to 0.91% of loans from 0.72% a year earlier. Credit is the area to watch: it carries problem assets equal to 6.9% of the capital and reserves that would absorb them, higher than about three-quarters of banks its size (median 4.2%).

As of June 30, 2026, Valley National Bank reported a CET1 capital ratio of 12.28%, a return on assets of 1.09%, a nonperforming-loan ratio of 0.91% and a Texas ratio of 6.85%. The figures come from its call report filed with the FFIEC.