Valley National Bank

Passaic, NJ · Cert 9396 · Valley National Bcorp

National charter · OCC · 228 branches

Q2 2026

$66.2BAssets

$52.5BLoans

$54.3BDeposits

$8.4BEquity

Loan mix

Deposit mix

NIM

Market Position · New York-Newark-Jersey City, NY-NJ · 2026 SOD (annual) · 1.4% share · #10 of 151 inst. · $40.0B of $2921.1B

57.3% Passaic

0.3% New York

7.3% Bergen

5.8% Hillsborough

Earnings: ROA of 1.10%, up 19 bps year over year; NIM at 3.04%.
Asset quality: problem loans at 0.91% of loans (+19 bps YoY), with net charge-offs at 0.17%.

Return on Assets (quarter, annualized)

1.10%+19 bps YoY

Net Interest Margin (quarter, annualized)

3.04%+18 bps YoY

Efficiency Ratio (quarter, annualized)

53.14%-92 bps YoY

Tier 1 Leverage Ratio

10.25%-1 bps YoY

Discrete quarter, annualized.

Metric	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026	YoY Δ	Trend
Earnings
Return on Assets	0.91%	1.06%	1.24%	1.06%	1.10%	+19 bps
Return on Equity	7.03%	8.27%	9.71%	8.28%	8.64%	+161 bps
Net Interest Margin	2.85%	2.88%	2.99%	2.99%	3.04%	+18 bps
Efficiency Ratio	54.06%	52.89%	53.37%	55.00%	53.14%	-92 bps
Non-Interest Burden	1.42%	1.39%	1.44%	1.50%	1.46%	+4 bps
Growth
Asset Growth (YoY)	0.97%	1.40%	2.59%	4.16%	5.71%	+474 bps
Loan Growth (YoY)	-1.81%	-1.81%	2.74%	4.42%	6.18%	+800 bps
Deposit Growth (YoY)	0.92%	1.27%	3.88%	5.54%	6.99%	+608 bps
Asset Quality
Nonperforming Loans / Loans	0.72%	0.87%	0.87%	0.87%	0.91%	+19 bps
Net Charge-Offs / Loans	0.31%	0.12%	0.18%	0.14%	0.17%	-14 bps
Allowance / Loans	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Allowance Coverage of NPLs	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Capital
Tier 1 Leverage Ratio	10.26%	10.14%	10.27%	10.23%	10.25%	-1 bps
Total Risk-Based Capital	13.58%	13.57%	13.54%	13.49%	13.34%	-24 bps
Equity / Assets	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Liquidity & Funding
Loans / Deposits	97.31%	96.05%	95.90%	96.00%	96.57%	-73 bps
Liquid Assets / Assets	5.64%	5.63%	5.46%	5.62%	5.67%	+4 bps
CRE / Total Capital	n/a	n/a	n/a	n/a	n/a	n/a	n/a