Valley National Bancorp Files 8-K on Feb 21, 2024
Ticker: VLYPN · Form: 8-K · Filed: Feb 21, 2024 · CIK: 714310
| Field | Detail |
|---|---|
| Company | Valley National Bancorp (VLYPN) |
| Form Type | 8-K |
| Filed Date | Feb 21, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: corporate-update, stock-listing
Related Tickers: VLY
TL;DR
**VLY filed a standard 8-K on Feb 21, 2024, confirming its stock listings on NASDAQ.**
AI Summary
VALLEY NATIONAL BANCORP filed an 8-K on February 21, 2024, reporting 'Other Events' and 'Financial Statements and Exhibits'. The filing indicates the company's common stock and two series of preferred stock (Series A and Series B) are listed on NASDAQ. The report was filed from their principal executive offices at One Penn Plaza, New York, New York 10119.
Why It Matters
This filing provides a routine update on Valley National Bancorp's corporate status and stock listings, ensuring transparency for investors regarding its securities.
Risk Assessment
Risk Level: low — This is a routine administrative filing with no indication of adverse events or significant changes.
Key Players & Entities
- VALLEY NATIONAL BANCORP (company) — Registrant
- February 21, 2024 (date) — Date of report
- NASDAQ (company) — Stock exchange
- One Penn Plaza, New York, New York 10119 (address) — Principal Executive Offices
- 973-305-8800 (phone_number) — Registrant's telephone number
FAQ
What was the date of the earliest event reported in this 8-K filing?
The date of the earliest event reported in this 8-K filing was February 21, 2024.
What is the exact name of the registrant as specified in its charter?
The exact name of the registrant as specified in its charter is Valley National Bancorp.
Where are Valley National Bancorp's principal executive offices located?
Valley National Bancorp's principal executive offices are located at One Penn Plaza, New York, New York 10119.
What types of securities of Valley National Bancorp are mentioned as being listed on NASDAQ?
The filing mentions Valley National Bancorp's Common Stock, Non-Cumulative Perpetual Preferred Stock Series A, and Non-Cumulative Perpetual Preferred Stock Series B as being listed on NASDAQ.
What is the Commission File Number for Valley National Bancorp?
The Commission File Number for Valley National Bancorp is 1-11277.
Filing Stats: 538 words · 2 min read · ~2 pages · Grade level 11.4 · Accepted 2024-02-21 16:55:56
Filing Documents
- vly-20240221.htm (8-K) — 34KB
- exhibit991pressrelease0221.htm (EX-99.1) — 25KB
- valleylogoa22a.jpg (GRAPHIC) — 22KB
- 0000714310-24-000042.txt ( ) — 279KB
- vly-20240221.xsd (EX-101.SCH) — 3KB
- vly-20240221_def.xml (EX-101.DEF) — 18KB
- vly-20240221_lab.xml (EX-101.LAB) — 35KB
- vly-20240221_pre.xml (EX-101.PRE) — 18KB
- vly-20240221_htm.xml (XML) — 5KB
01 Other Events
Item 8.01 Other Events. On February 21, 2024 , Valley National Bancorp ("Valley") issued a press release announcing the approval by Valley's Board of Directors of a stock repurchase program for up to 25 million shares of Valley common stock (the "2024 Share Repurchase Program"). The 2024 Share Repurchase Program will be effective on April 26, 2024, replacing the current share repurchase program, which is set to expire on April 25, 2024 unless terminated sooner. The number of shares to be repurchased and the timing of any repurchases will depend on factors such as the share price, general business and market conditions, and alternative investment opportunities. The 2024 Share Repurchase Program will expire on April 26, 2026 and may be suspended or discontinued at any time at Valley's discretion.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description 99.1 Press Release of Valley National Bancorp dated February 21, 2024. 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: February 21, 2024 VALLEY NATIONAL BANCORP By: /s/ Michael D. Hagedorn Michael D. Hagedorn Senior Executive Vice President and Chief Financial Officer