Valley National Bancorp Files 8-K on Jan 25, 2024: Financial Results & Ops
Ticker: VLYPN · Form: 8-K · Filed: Jan 25, 2024 · CIK: 714310
| Field | Detail |
|---|---|
| Company | Valley National Bancorp (VLYPN) |
| Form Type | 8-K |
| Filed Date | Jan 25, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 3 min |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: results-of-operations, financial-condition, regulation-fd, corporate-filing
TL;DR
**VLY just dropped an 8-K with fresh financial results, check it for performance.**
AI Summary
Valley National Bancorp filed an 8-K on January 25, 2024, to announce its financial results and operational condition, specifically for the period ending on that date. This filing also includes Regulation FD Disclosure and details about financial statements and exhibits. This matters to investors because it provides the latest financial health update for Valley National Bancorp, allowing them to assess the company's performance and make informed decisions about their VLY, VLYPP, or VLYPO stock holdings.
Why It Matters
This filing provides critical, up-to-date financial information for Valley National Bancorp, enabling investors to evaluate the company's performance and potential impact on its stock value.
Risk Assessment
Risk Level: low — This 8-K is a routine disclosure of financial results and operations, not indicating any immediate new risks but rather providing transparency.
Analyst Insight
A smart investor would review the full 8-K filing to analyze the detailed financial results and operational condition of Valley National Bancorp to understand the company's current performance and any potential implications for its stock.
Key Numbers
- January 25, 2024 — Date of earliest event reported (The specific date the financial results and operations are reported for.)
- 1-11277 — Commission File Number (The SEC file number for Valley National Bancorp.)
- 973-305-8800 — Registrant's telephone number (Contact information for Valley National Bancorp.)
Key Players & Entities
- Valley National Bancorp (company) — the registrant filing the 8-K
- The Nasdaq Stock Market LLC (company) — the exchange where VLY, VLYPP, and VLYPO are registered
- VLY (company) — trading symbol for Common Stock, no par value
- VLYPP (company) — trading symbol for Non-Cumulative Perpetual Preferred Stock, Series A, no par value
- VLYPO (company) — trading symbol for Non-Cumulative Perpetual Preferred Stock, Series B, no par value
Forward-Looking Statements
- Valley National Bancorp will likely provide detailed financial statements and operational results for the period ending January 25, 2024, in the full filing. (Valley National Bancorp) — high confidence, target: N/A
FAQ
What is the primary purpose of this 8-K filing by Valley National Bancorp?
The primary purpose of this 8-K filing by Valley National Bancorp, dated January 25, 2024, is to report on 'Results of Operations and Financial Condition' and 'Regulation FD Disclosure', along with 'Financial Statements and Exhibits'.
On what date was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing occurred on January 25, 2024, as stated in the 'Date of report (Date of earliest event reported)' section.
What are the trading symbols for Valley National Bancorp's securities registered on The Nasdaq Stock Market LLC?
Valley National Bancorp has three classes of securities registered on The Nasdaq Stock Market LLC: Common Stock, no par value (VLY); Non-Cumulative Perpetual Preferred Stock, Series A, no par value (VLYPP); and Non-Cumulative Perpetual Preferred Stock, Series B, no par value (VLYPO).
What is the business address and phone number of Valley National Bancorp as listed in the filing?
The business address for Valley National Bancorp is One Penn Plaza, New York, New York 10119, and their telephone number is (973) 305-8800, according to the filing.
Under which SEC Act is this Form 8-K filed?
This Form 8-K is filed under the 1934 Act, as indicated in the 'FILING VALUES' section of the document.
Filing Stats: 673 words · 3 min read · ~2 pages · Grade level 10.6 · Accepted 2024-01-25 09:52:09
Filing Documents
- vly-20240125.htm (8-K) — 39KB
- exhibit991earningsrelease0.htm (EX-99.1) — 905KB
- a4q23earningspresentatio.htm (EX-99.2) — 41KB
- a4q23earningspresentatio001.jpg (GRAPHIC) — 50KB
- a4q23earningspresentatio002.jpg (GRAPHIC) — 414KB
- a4q23earningspresentatio003.jpg (GRAPHIC) — 137KB
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- a4q23earningspresentatio010.jpg (GRAPHIC) — 111KB
- a4q23earningspresentatio011.jpg (GRAPHIC) — 103KB
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- a4q23earningspresentatio013.jpg (GRAPHIC) — 108KB
- a4q23earningspresentatio014.jpg (GRAPHIC) — 91KB
- a4q23earningspresentatio015.jpg (GRAPHIC) — 70KB
- a4q23earningspresentatio016.jpg (GRAPHIC) — 93KB
- a4q23earningspresentatio017.jpg (GRAPHIC) — 108KB
- a4q23earningspresentatio018.jpg (GRAPHIC) — 130KB
- a4q23earningspresentatio019.jpg (GRAPHIC) — 38KB
- a4q23earningspresentatio020.jpg (GRAPHIC) — 175KB
- a4q23earningspresentatio021.jpg (GRAPHIC) — 170KB
- a4q23earningspresentatio022.jpg (GRAPHIC) — 164KB
- a4q23earningspresentatio023.jpg (GRAPHIC) — 61KB
- valleylogoa22.jpg (GRAPHIC) — 22KB
- 0000714310-24-000006.txt ( ) — 5245KB
- vly-20240125.xsd (EX-101.SCH) — 3KB
- vly-20240125_def.xml (EX-101.DEF) — 18KB
- vly-20240125_lab.xml (EX-101.LAB) — 35KB
- vly-20240125_pre.xml (EX-101.PRE) — 18KB
- vly-20240125_htm.xml (XML) — 5KB
02 Results of Operations and Financial Condition
Item 2.02 Results of Operations and Financial Condition. On January 25, 2024 , Valley National Bancorp ("Valley") issued a press release announcing fourth quarter 2023 results of operations. A copy of the press release is furnished herewith as Exhibit 99.1. The information in this Item 2.02, including Exhibit 99.1 attached hereto, is being furnished and shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that section, nor shall it be incorporated by reference into a filing under the Securities Act of 1933, as amended (the "Securities Act"), except as shall be expressly set forth by specific reference in such a filing.
01 Regulation FD Disclosure
Item 7.01 Regulation FD Disclosure. Valley is furnishing presentation materials attached hereto as Exhibit 99.2 pursuant to Item 7.01 of Form 8-K. Valley is not undertaking to update these presentation materials. The information in this Item 7.01, including Exhibit 99.2, is being furnished and shall not be deemed "filed" for purposes of Section 18 of the Exchange Act, or otherwise subject to the liabilities of that section, nor shall it be incorporated by reference into a filing under the Securities Act, except as shall be expressly set forth by specific reference in such a filing. This report will not be deemed an admission as to the materiality of any information herein (including Exhibit 99.2).
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description 99.1 Press Release of Valley National Bancor p dated January 25, 2024 , announcing fou rth quarter 2023 financial results . 99.2 Valley National Bancorp p resentation materials used in connection with fourth quarter 202 3 conference. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document). SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Dated: January 25, 2024 VALLEY NATIONAL BANCORP By: /s/ Michael D. Hagedorn Michael D. Hagedorn Senior Executive Vice President and Chief Financial Officer (Principal Financial Officer)