| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Net income | 402,580 | 239,225 |
| Depreciation and amortization | 28,731 | 19,922 |
| Stock-based compensation | 18,015 | 13,651 |
| Provision for credit losses | 119,631 | 100,460 |
| Net accretion of discounts and amortization of premium on securities and borrowings | -6,028 | -3,618 |
| Amortization of other intangible assets | 22,990 | 15,446 |
| (gains) losses on available for sale and held to maturity debt securities, net | 17 | -11 |
| Proceeds from sales of loans held for sale at fair value | 139,507 | 90,628 |
| (gains) losses on sales of loans, net | 4,962 | 4,222 |
| Originations of loans held for sale | 124,768 | 80,509 |
| Gains on sales of assets, net | 78 | 187 |
| Loss on extinguishment of debt | -922 | -922 |
| Fair value of financial instruments hedged by derivative transactions | -9,349 | -7,048 |
| Trading debt securities | 0 | 0 |
| Lease right of use assets | -7,434 | 4,192 |
| Cash surrender value of bank owned life insurance | 15,121 | 10,464 |
| Accrued interest receivable | 2,920 | -1,663 |
| Other assets | -113,953 | -151,240 |
| Accrued expenses and other liabilities | -562,027 | -394,992 |
| Net cash provided by operating activities | 147,191 | 142,032 |
| Loans originated and purchased, net of principal collected | -582,053 | -680,904 |
| Purchases | 11,687 | 6,938 |
| Sales and capital returns | 3,989 | 715 |
| Purchases | 278,690 | 159,213 |
| Maturities, calls and principal repayments | 269,743 | 159,870 |
| Purchases | 990,956 | 682,591 |
| Maturities, calls and principal repayments | 328,184 | 209,332 |
| Death benefit proceeds from bank owned life insurance | 7,012 | 7,012 |
| Proceeds from sales of real estate property and equipment | 2,277 | 2,277 |
| Proceeds from sales of loans not originated for sale | 11,899 | 0 |
| Proceeds from sale of commercial premium finance lending division | 0 | 0 |
| Purchases of real estate property and equipment | 8,964 | 6,154 |
| Net cash used in investing activities | -1,249,246 | -1,156,594 |
| Net change in deposits | 1,098,747 | 647,933 |
| Net change in short-term borrowings | -21,666 | 89,526 |
| Proceeds from issuance of long-term borrowings, net | 210,000 | 210,000 |
| Repayments of long-term borrowings | 488,000 | 488,000 |
| Proceeds from issuance of preferred stock, net | 0 | - |
| Cash dividends paid to preferred shareholders | 21,547 | 13,903 |
| Cash dividends paid to common shareholders | 187,061 | 125,248 |
| Purchase of common shares related to stock compensation plan activity | 9,334 | 8,615 |
| Purchase of common shares to treasury | 16,358 | 4,326 |
| Common stock issued, net | 17,698 | 3,744 |
| Other, net | -109 | -257 |
| Net cash provided by financing activities | 582,370 | 310,854 |
| Net change in cash and cash equivalents | -519,685 | -703,708 |
| Cash and cash equivalents at beginning of period | 1,890,125 | - |
| Cash and cash equivalents at end of period | 1,370,440 | - |
VALLEY NATIONAL BANCORP (VLY)
VALLEY NATIONAL BANCORP (VLY)