2025FYFALSE0000714310http://fasb.org/us-gaap/2025#AccountingStandardsUpdate202202Memberhttp://fasb.org/us-gaap/2025#AccruedInvestmentIncomeReceivablehttp://fasb.org/us-gaap/2025#AccruedInvestmentIncomeReceivablehttp://fasb.org/us-gaap/2025#AccruedInvestmentIncomeReceivablehttp://fasb.org/us-gaap/2025#AccruedInvestmentIncomeReceivablehttp://fasb.org/us-gaap/2025#AccruedInvestmentIncomeReceivablehttp://fasb.org/us-gaap/2025#AccruedInvestmentIncomeReceivablehttp://www.valleynationalbank.com/20251231#OperatingAndFinanceLeaseRightofUseAssethttp://www.valleynationalbank.com/20251231#OperatingAndFinanceLeaseRightofUseAssethttp://www.valleynationalbank.com/20251231#OperatingAndFinanceLeaseRightofUseAssethttp://www.valleynationalbank.com/20251231#OperatingAndFinanceLeaseRightofUseAssethttp://www.valleynationalbank.com/20251231#OperatingAndFinanceLeaseLiabilityhttp://www.valleynationalbank.com/20251231#OperatingAndFinanceLeaseLiabilityhttp://www.valleynationalbank.com/20251231#OperatingAndFinanceLeaseLiabilityhttp://www.valleynationalbank.com/20251231#OperatingAndFinanceLeaseLiabilityhttp://fasb.org/us-gaap/2025#NonqualifiedPlanMemberhttp://fasb.org/us-gaap/2025#NonqualifiedPlanMemberP2Y0M0DP5Y0M0D33.33http://fasb.org/us-gaap/2025#OtherAssetshttp://fasb.org/us-gaap/2025#OtherAssetshttp://www.valleynationalbank.com/20251231#InvestmentTaxCreditAmortizationhttp://www.valleynationalbank.com/20251231#InvestmentTaxCreditAmortizationhttp://fasb.org/us-gaap/2025#OtherAssetshttp://fasb.org/us-gaap/2025#OtherAssetshttp://fasb.org/us-gaap/2025#OtherAssetshttp://www.valleynationalbank.com/20251231#InvestmentTaxCreditAmortizationhttp://fasb.org/us-gaap/2025#NoninterestExpensehttp://fasb.org/us-gaap/2025#OtherNoninterestExpensehttp://fasb.org/us-gaap/2025#NoninterestExpenseiso4217:USDxbrli:sharesiso4217:USDxbrli:sharesxbrli:purevly:securityvly:contractvly:swap00007143102025-01-012025-12-310000714310us-gaap:CommonClassAMember2025-01-012025-12-310000714310vly:NonCumulativePerpetualPreferredStockSeriesAMember2025-01-012025-12-310000714310vly:NonCumulativePerpetualPreferredStockSeriesBMember2025-01-012025-12-310000714310vly:NonCumulativePerpetualPreferredStockSeriesCMember2025-01-012025-12-3100007143102025-06-3000007143102026-02-2600007143102025-12-3100007143102024-12-310000714310us-gaap:SeriesAPreferredStockMember2025-12-310000714310us-gaap:SeriesAPreferredStockMember2024-12-310000714310us-gaap:SeriesBPreferredStockMember2024-12-310000714310us-gaap:SeriesBPreferredStockMember2025-12-310000714310us-gaap:SeriesCPreferredStockMember2025-12-310000714310us-gaap:SeriesCPreferredStockMember2024-12-3100007143102024-01-012024-12-3100007143102023-01-012023-12-310000714310us-gaap:InvestmentAdvisoryManagementAndAdministrativeServiceMember2025-01-012025-12-310000714310us-gaap:InvestmentAdvisoryManagementAndAdministrativeServiceMember2024-01-012024-12-310000714310us-gaap:InvestmentAdvisoryManagementAndAdministrativeServiceMember2023-01-012023-12-310000714310us-gaap:DepositAccountMember2025-01-012025-12-310000714310us-gaap:DepositAccountMember2024-01-012024-12-310000714310us-gaap:DepositAccountMember2023-01-012023-12-310000714310us-gaap:PreferredStockMember2022-12-310000714310us-gaap:CommonStockMember2022-12-310000714310us-gaap:AdditionalPaidInCapitalMember2022-12-310000714310us-gaap:RetainedEarningsMember2022-12-310000714310us-gaap:AccumulatedOtherComprehensiveIncomeMember2022-12-310000714310us-gaap:TreasuryStockCommonMember2022-12-3100007143102022-12-3100007143102022-01-012022-12-310000714310srt:CumulativeEffectPeriodOfAdoptionAdjustmentMemberus-gaap:RetainedEarningsMember2022-12-310000714310srt:CumulativeEffectPeriodOfAdoptionAdjustmentMember2022-12-310000714310srt:CumulativeEffectPeriodOfAdoptionAdjustedBalanceMemberus-gaap:PreferredStockMember2022-12-310000714310srt:CumulativeEffectPeriodOfAdoptionAdjustedBalanceMemberus-gaap:CommonStockMember2022-12-310000714310srt:CumulativeEffectPeriodOfAdoptionAdjustedBalanceMemberus-gaap:AdditionalPaidInCapitalMember2022-12-310000714310srt:CumulativeEffectPeriodOfAdoptionAdjustedBalanceMemberus-gaap:RetainedEarningsMember2022-12-310000714310srt:CumulativeEffectPeriodOfAdoptionAdjustedBalanceMemberus-gaap:AccumulatedOtherComprehensiveIncomeMember2022-12-310000714310srt:CumulativeEffectPeriodOfAdoptionAdjustedBalanceMemberus-gaap:TreasuryStockCommonMember2022-12-310000714310srt:CumulativeEffectPeriodOfAdoptionAdjustedBalanceMember2022-12-310000714310us-gaap:RetainedEarningsMember2023-01-012023-12-310000714310us-gaap:AccumulatedOtherComprehensiveIncomeMember2023-01-012023-12-310000714310us-gaap:SeriesAPreferredStockMember2023-01-012023-12-310000714310us-gaap:SeriesAPreferredStockMemberus-gaap:RetainedEarningsMember2023-01-012023-12-310000714310us-gaap:SeriesBPreferredStockMember2023-01-012023-12-310000714310us-gaap:SeriesBPreferredStockMemberus-gaap:RetainedEarningsMember2023-01-012023-12-310000714310us-gaap:CommonStockMember2023-01-012023-12-310000714310us-gaap:AdditionalPaidInCapitalMember2023-01-012023-12-310000714310us-gaap:TreasuryStockCommonMember2023-01-012023-12-310000714310us-gaap:PreferredStockMember2023-12-310000714310us-gaap:CommonStockMember2023-12-310000714310us-gaap:AdditionalPaidInCapitalMember2023-12-310000714310us-gaap:RetainedEarningsMember2023-12-310000714310us-gaap:AccumulatedOtherComprehensiveIncomeMember2023-12-310000714310us-gaap:TreasuryStockCommonMember2023-12-3100007143102023-12-310000714310us-gaap:RetainedEarningsMember2024-01-012024-12-310000714310us-gaap:AccumulatedOtherComprehensiveIncomeMember2024-01-012024-12-310000714310us-gaap:SeriesAPreferredStockMember2024-01-012024-12-310000714310us-gaap:SeriesAPreferredStockMemberus-gaap:RetainedEarningsMember2024-01-012024-12-310000714310us-gaap:SeriesBPreferredStockMember2024-01-012024-12-310000714310us-gaap:SeriesBPreferredStockMemberus-gaap:RetainedEarningsMember2024-01-012024-12-310000714310us-gaap:SeriesCPreferredStockMember2024-01-012024-12-310000714310us-gaap:SeriesCPreferredStockMemberus-gaap:RetainedEarningsMember2024-01-012024-12-310000714310us-gaap:CommonStockMember2024-01-012024-12-310000714310us-gaap:AdditionalPaidInCapitalMember2024-01-012024-12-310000714310us-gaap:TreasuryStockCommonMember2024-01-012024-12-310000714310us-gaap:PreferredStockMember2024-01-012024-12-310000714310us-gaap:PreferredStockMember2024-12-310000714310us-gaap:CommonStockMember2024-12-310000714310us-gaap:AdditionalPaidInCapitalMember2024-12-310000714310us-gaap:RetainedEarningsMember2024-12-310000714310us-gaap:AccumulatedOtherComprehensiveIncomeMember2024-12-310000714310us-gaap:TreasuryStockCommonMember2024-12-310000714310us-gaap:RetainedEarningsMember2025-01-012025-12-310000714310us-gaap:AccumulatedOtherComprehensiveIncomeMember2025-01-012025-12-310000714310us-gaap:SeriesAPreferredStockMember2025-01-012025-12-310000714310us-gaap:SeriesAPreferredStockMemberus-gaap:RetainedEarningsMember2025-01-012025-12-310000714310us-gaap:SeriesBPreferredStockMember2025-01-012025-12-310000714310us-gaap:SeriesBPreferredStockMemberus-gaap:RetainedEarningsMember2025-01-012025-12-310000714310us-gaap:SeriesCPreferredStockMember2025-01-012025-12-310000714310us-gaap:SeriesCPreferredStockMemberus-gaap:RetainedEarningsMember2025-01-012025-12-310000714310us-gaap:CommonStockMember2025-01-012025-12-310000714310us-gaap:AdditionalPaidInCapitalMember2025-01-012025-12-310000714310us-gaap:TreasuryStockCommonMember2025-01-012025-12-310000714310us-gaap:PreferredStockMember2025-12-310000714310us-gaap:CommonStockMember2025-12-310000714310us-gaap:AdditionalPaidInCapitalMember2025-12-310000714310us-gaap:RetainedEarningsMember2025-12-310000714310us-gaap:AccumulatedOtherComprehensiveIncomeMember2025-12-310000714310us-gaap:TreasuryStockCommonMember2025-12-310000714310us-gaap:CommercialLoanMembersrt:MinimumMember2025-01-012025-12-310000714310us-gaap:CommercialLoanMembersrt:MaximumMember2025-01-012025-12-310000714310vly:ResidentialMortgageAndHomeEquityMember2025-01-012025-12-310000714310us-gaap:AutomobileLoanMember2025-01-012025-12-310000714310vly:UnsecuredLoansAtBanksMember2025-01-012025-12-310000714310srt:MinimumMember2025-12-310000714310srt:MaximumMember2025-12-310000714310us-gaap:NoncumulativePreferredStockMember2015-06-012015-06-300000714310us-gaap:NoncumulativePreferredStockMember2017-08-012017-08-310000714310us-gaap:NoncumulativePreferredStockMember2024-08-012024-08-310000714310us-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel12And3Member2025-12-310000714310us-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel1Member2025-12-310000714310us-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel2Member2025-12-310000714310us-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel3Member2025-12-310000714310us-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueMeasuredAtNetAssetValuePerShareMember2025-12-310000714310us-gaap:USTreasurySecuritiesMemberus-gaap:FairValueMeasurementsRecurringMember2025-12-310000714310us-gaap:USTreasurySecuritiesMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel1Member2025-12-310000714310us-gaap:USTreasurySecuritiesMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel2Member2025-12-310000714310us-gaap:USTreasurySecuritiesMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel3Member2025-12-310000714310us-gaap:USGovernmentAgenciesDebtSecuritiesMemberus-gaap:FairValueMeasurementsRecurringMember2025-12-310000714310us-gaap:USGovernmentAgenciesDebtSecuritiesMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel1Member2025-12-310000714310us-gaap:USGovernmentAgenciesDebtSecuritiesMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel2Member2025-12-310000714310us-gaap:USGovernmentAgenciesDebtSecuritiesMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel3Member2025-12-310000714310us-gaap:USStatesAndPoliticalSubdivisionsMemberus-gaap:FairValueMeasurementsRecurringMember2025-12-310000714310us-gaap:USStatesAndPoliticalSubdivisionsMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel1Member2025-12-310000714310us-gaap:USStatesAndPoliticalSubdivisionsMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel2Member2025-12-310000714310us-gaap:USStatesAndPoliticalSubdivisionsMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel3Member2025-12-310000714310us-gaap:ResidentialMortgageBackedSecuritiesMemberus-gaap:FairValueMeasurementsRecurringMember2025-12-310000714310us-gaap:ResidentialMortgageBackedSecuritiesMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel1Member2025-12-310000714310us-gaap:ResidentialMortgageBackedSecuritiesMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel2Member2025-12-310000714310us-gaap:ResidentialMortgageBackedSecuritiesMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel3Member2025-12-310000714310us-gaap:CorporateDebtSecuritiesMemberus-gaap:FairValueMeasurementsRecurringMember2025-12-310000714310us-gaap:CorporateDebtSecuritiesMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel1Member2025-12-310000714310us-gaap:CorporateDebtSecuritiesMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel2Member2025-12-310000714310us-gaap:CorporateDebtSecuritiesMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel3Member2025-12-310000714310us-gaap:FairValueMeasurementsRecurringMember2025-12-310000714310us-gaap:FairValueMeasurementsNonrecurringMember2025-12-310000714310us-gaap:FairValueMeasurementsNonrecurringMemberus-gaap:FairValueInputsLevel1Member2025-12-310000714310us-gaap:FairValueMeasurementsNonrecurringMemberus-gaap:FairValueInputsLevel2Member2025-12-310000714310us-gaap:FairValueMeasurementsNonrecurringMemberus-gaap:FairValueInputsLevel3Member2025-12-310000714310us-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel12And3Member2024-12-310000714310us-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel1Member2024-12-310000714310us-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel2Member2024-12-310000714310us-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel3Member2024-12-310000714310us-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueMeasuredAtNetAssetValuePerShareMember2024-12-310000714310us-gaap:USTreasurySecuritiesMemberus-gaap:FairValueMeasurementsRecurringMember2024-12-310000714310us-gaap:USTreasurySecuritiesMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel1Member2024-12-310000714310us-gaap:USTreasurySecuritiesMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel2Member2024-12-310000714310us-gaap:USTreasurySecuritiesMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel3Member2024-12-310000714310us-gaap:USGovernmentAgenciesDebtSecuritiesMemberus-gaap:FairValueMeasurementsRecurringMember2024-12-310000714310us-gaap:USGovernmentAgenciesDebtSecuritiesMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel1Member2024-12-310000714310us-gaap:USGovernmentAgenciesDebtSecuritiesMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel2Member2024-12-310000714310us-gaap:USGovernmentAgenciesDebtSecuritiesMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel3Member2024-12-310000714310us-gaap:USStatesAndPoliticalSubdivisionsMemberus-gaap:FairValueMeasurementsRecurringMember2024-12-310000714310us-gaap:USStatesAndPoliticalSubdivisionsMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel1Member2024-12-310000714310us-gaap:USStatesAndPoliticalSubdivisionsMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel2Member2024-12-310000714310us-gaap:USStatesAndPoliticalSubdivisionsMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel3Member2024-12-310000714310us-gaap:ResidentialMortgageBackedSecuritiesMemberus-gaap:FairValueMeasurementsRecurringMember2024-12-310000714310us-gaap:ResidentialMortgageBackedSecuritiesMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel1Member2024-12-310000714310us-gaap:ResidentialMortgageBackedSecuritiesMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel2Member2024-12-310000714310us-gaap:ResidentialMortgageBackedSecuritiesMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel3Member2024-12-310000714310us-gaap:CorporateDebtSecuritiesMemberus-gaap:FairValueMeasurementsRecurringMember2024-12-310000714310us-gaap:CorporateDebtSecuritiesMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel1Member2024-12-310000714310us-gaap:CorporateDebtSecuritiesMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel2Member2024-12-310000714310us-gaap:CorporateDebtSecuritiesMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel3Member2024-12-310000714310us-gaap:FairValueMeasurementsRecurringMember2024-12-310000714310us-gaap:FairValueMeasurementsNonrecurringMember2024-12-310000714310us-gaap:FairValueMeasurementsNonrecurringMemberus-gaap:FairValueInputsLevel1Member2024-12-310000714310us-gaap:FairValueMeasurementsNonrecurringMemberus-gaap:FairValueInputsLevel2Member2024-12-310000714310us-gaap:FairValueMeasurementsNonrecurringMemberus-gaap:FairValueInputsLevel3Member2024-12-310000714310vly:TaxiMedallionLoanPortfolioMember2025-12-310000714310vly:TaxiMedallionLoanPortfolioMember2024-12-310000714310us-gaap:EstimateOfFairValueFairValueDisclosureMemberus-gaap:FairValueMeasurementsNonrecurringMember2025-12-310000714310us-gaap:EstimateOfFairValueFairValueDisclosureMemberus-gaap:FairValueMeasurementsNonrecurringMember2024-12-310000714310us-gaap:CarryingReportedAmountFairValueDisclosureMemberus-gaap:FairValueInputsLevel1Member2025-12-310000714310us-gaap:EstimateOfFairValueFairValueDisclosureMemberus-gaap:FairValueInputsLevel1Member2025-12-310000714310us-gaap:CarryingReportedAmountFairValueDisclosureMemberus-gaap:FairValueInputsLevel1Member2024-12-310000714310us-gaap:EstimateOfFairValueFairValueDisclosureMemberus-gaap:FairValueInputsLevel1Member2024-12-310000714310us-gaap:CarryingReportedAmountFairValueDisclosureMemberus-gaap:FairValueInputsLevel3Member2025-12-310000714310us-gaap:EstimateOfFairValueFairValueDisclosureMemberus-gaap:FairValueInputsLevel3Member2025-12-310000714310us-gaap:CarryingReportedAmountFairValueDisclosureMemberus-gaap:FairValueInputsLevel3Member2024-12-310000714310us-gaap:EstimateOfFairValueFairValueDisclosureMemberus-gaap:FairValueInputsLevel3Member2024-12-310000714310us-gaap:USTreasurySecuritiesMemberus-gaap:CarryingReportedAmountFairValueDisclosureMemberus-gaap:FairValueInputsLevel1Member2025-12-310000714310us-gaap:USTreasurySecuritiesMemberus-gaap:EstimateOfFairValueFairValueDisclosureMemberus-gaap:FairValueInputsLevel1Member2025-12-310000714310us-gaap:USTreasurySecuritiesMemberus-gaap:CarryingReportedAmountFairValueDisclosureMemberus-gaap:FairValueInputsLevel1Member2024-12-310000714310us-gaap:USTreasurySecuritiesMemberus-gaap:EstimateOfFairValueFairValueDisclosureMemberus-gaap:FairValueInputsLevel1Member2024-12-310000714310us-gaap:USGovernmentAgenciesDebtSecuritiesMemberus-gaap:CarryingReportedAmountFairValueDisclosureMemberus-gaap:FairValueInputsLevel2Member2025-12-310000714310us-gaap:USGovernmentAgenciesDebtSecuritiesMemberus-gaap:EstimateOfFairValueFairValueDisclosureMemberus-gaap:FairValueInputsLevel2Member2025-12-310000714310us-gaap:USGovernmentAgenciesDebtSecuritiesMemberus-gaap:CarryingReportedAmountFairValueDisclosureMemberus-gaap:FairValueInputsLevel2Member2024-12-310000714310us-gaap:USGovernmentAgenciesDebtSecuritiesMemberus-gaap:EstimateOfFairValueFairValueDisclosureMemberus-gaap:FairValueInputsLevel2Member2024-12-310000714310us-gaap:USStatesAndPoliticalSubdivisionsMemberus-gaap:CarryingReportedAmountFairValueDisclosureMemberus-gaap:FairValueInputsLevel2Member2025-12-310000714310us-gaap:USStatesAndPoliticalSubdivisionsMemberus-gaap:EstimateOfFairValueFairValueDisclosureMemberus-gaap:FairValueInputsLevel2Member2025-12-310000714310us-gaap:USStatesAndPoliticalSubdivisionsMemberus-gaap:CarryingReportedAmountFairValueDisclosureMemberus-gaap:FairValueInputsLevel2Member2024-12-310000714310us-gaap:USStatesAndPoliticalSubdivisionsMemberus-gaap:EstimateOfFairValueFairValueDisclosureMemberus-gaap:FairValueInputsLevel2Member2024-12-310000714310us-gaap:ResidentialMortgageBackedSecuritiesMemberus-gaap:CarryingReportedAmountFairValueDisclosureMemberus-gaap:FairValueInputsLevel2Member2025-12-310000714310us-gaap:ResidentialMortgageBackedSecuritiesMemberus-gaap:EstimateOfFairValueFairValueDisclosureMemberus-gaap:FairValueInputsLevel2Member2025-12-310000714310us-gaap:ResidentialMortgageBackedSecuritiesMemberus-gaap:CarryingReportedAmountFairValueDisclosureMemberus-gaap:FairValueInputsLevel2Member2024-12-310000714310us-gaap:ResidentialMortgageBackedSecuritiesMemberus-gaap:EstimateOfFairValueFairValueDisclosureMemberus-gaap:FairValueInputsLevel2Member2024-12-310000714310us-gaap:OtherDebtSecuritiesMemberus-gaap:CarryingReportedAmountFairValueDisclosureMemberus-gaap:FairValueInputsLevel2Member2025-12-310000714310us-gaap:OtherDebtSecuritiesMemberus-gaap:EstimateOfFairValueFairValueDisclosureMemberus-gaap:FairValueInputsLevel2Member2025-12-310000714310us-gaap:OtherDebtSecuritiesMemberus-gaap:CarryingReportedAmountFairValueDisclosureMemberus-gaap:FairValueInputsLevel2Member2024-12-310000714310us-gaap:OtherDebtSecuritiesMemberus-gaap:EstimateOfFairValueFairValueDisclosureMemberus-gaap:FairValueInputsLevel2Member2024-12-310000714310us-gaap:CorporateDebtSecuritiesMemberus-gaap:CarryingReportedAmountFairValueDisclosureMemberus-gaap:FairValueInputsLevel2Member2025-12-310000714310us-gaap:CorporateDebtSecuritiesMemberus-gaap:EstimateOfFairValueFairValueDisclosureMemberus-gaap:FairValueInputsLevel2Member2025-12-310000714310us-gaap:CorporateDebtSecuritiesMemberus-gaap:CarryingReportedAmountFairValueDisclosureMemberus-gaap:FairValueInputsLevel2Member2024-12-310000714310us-gaap:CorporateDebtSecuritiesMemberus-gaap:EstimateOfFairValueFairValueDisclosureMemberus-gaap:FairValueInputsLevel2Member2024-12-310000714310us-gaap:CarryingReportedAmountFairValueDisclosureMember2025-12-310000714310us-gaap:EstimateOfFairValueFairValueDisclosureMember2025-12-310000714310us-gaap:CarryingReportedAmountFairValueDisclosureMember2024-12-310000714310us-gaap:EstimateOfFairValueFairValueDisclosureMember2024-12-310000714310us-gaap:CarryingReportedAmountFairValueDisclosureMemberus-gaap:FairValueInputsLevel2Member2025-12-310000714310us-gaap:EstimateOfFairValueFairValueDisclosureMemberus-gaap:FairValueInputsLevel2Member2025-12-310000714310us-gaap:CarryingReportedAmountFairValueDisclosureMemberus-gaap:FairValueInputsLevel2Member2024-12-310000714310us-gaap:EstimateOfFairValueFairValueDisclosureMemberus-gaap:FairValueInputsLevel2Member2024-12-310000714310us-gaap:NonperformingFinancingReceivableMember2025-01-012025-12-310000714310us-gaap:USTreasurySecuritiesMember2025-12-310000714310us-gaap:USGovernmentAgenciesDebtSecuritiesMember2025-12-310000714310us-gaap:StateAndLocalJurisdictionMember2025-12-310000714310us-gaap:MunicipalBondsMember2025-12-310000714310us-gaap:USStatesAndPoliticalSubdivisionsMember2025-12-310000714310us-gaap:ResidentialMortgageBackedSecuritiesMember2025-12-310000714310us-gaap:CorporateDebtSecuritiesMember2025-12-310000714310us-gaap:USTreasurySecuritiesMember2024-12-310000714310us-gaap:USGovernmentAgenciesDebtSecuritiesMember2024-12-310000714310us-gaap:StateAndLocalJurisdictionMember2024-12-310000714310us-gaap:MunicipalBondsMember2024-12-310000714310us-gaap:USStatesAndPoliticalSubdivisionsMember2024-12-310000714310us-gaap:ResidentialMortgageBackedSecuritiesMember2024-12-310000714310us-gaap:CorporateDebtSecuritiesMember2024-12-3100007143102023-10-012023-12-310000714310us-gaap:OtherDebtSecuritiesMember2025-12-310000714310us-gaap:OtherDebtSecuritiesMember2024-12-310000714310us-gaap:USGovernmentAgenciesDebtSecuritiesMembervly:AAAToAAToARatingMember2025-12-310000714310us-gaap:USGovernmentAgenciesDebtSecuritiesMembervly:BBBRatingMember2025-12-310000714310us-gaap:USGovernmentAgenciesDebtSecuritiesMembervly:NonRatedMember2025-12-310000714310us-gaap:StateAndLocalJurisdictionMembervly:AAAToAAToARatingMember2025-12-310000714310us-gaap:StateAndLocalJurisdictionMembervly:BBBRatingMember2025-12-310000714310us-gaap:StateAndLocalJurisdictionMembervly:NonRatedMember2025-12-310000714310us-gaap:MunicipalBondsMembervly:AAAToAAToARatingMember2025-12-310000714310us-gaap:MunicipalBondsMembervly:BBBRatingMember2025-12-310000714310us-gaap:MunicipalBondsMembervly:NonRatedMember2025-12-310000714310us-gaap:USStatesAndPoliticalSubdivisionsMembervly:AAAToAAToARatingMember2025-12-310000714310us-gaap:USStatesAndPoliticalSubdivisionsMembervly:BBBRatingMember2025-12-310000714310us-gaap:USStatesAndPoliticalSubdivisionsMembervly:NonRatedMember2025-12-310000714310us-gaap:ResidentialMortgageBackedSecuritiesMembervly:AAAToAAToARatingMember2025-12-310000714310us-gaap:ResidentialMortgageBackedSecuritiesMembervly:BBBRatingMember2025-12-310000714310us-gaap:ResidentialMortgageBackedSecuritiesMembervly:NonRatedMember2025-12-310000714310us-gaap:OtherDebtSecuritiesMembervly:AAAToAAToARatingMember2025-12-310000714310us-gaap:OtherDebtSecuritiesMembervly:BBBRatingMember2025-12-310000714310us-gaap:OtherDebtSecuritiesMembervly:NonRatedMember2025-12-310000714310us-gaap:CorporateDebtSecuritiesMembervly:AAAToAAToARatingMember2025-12-310000714310us-gaap:CorporateDebtSecuritiesMembervly:BBBRatingMember2025-12-310000714310us-gaap:CorporateDebtSecuritiesMembervly:NonRatedMember2025-12-310000714310vly:AAAToAAToARatingMember2025-12-310000714310vly:BBBRatingMember2025-12-310000714310vly:NonRatedMember2025-12-310000714310us-gaap:USTreasurySecuritiesMembervly:AAAToAAToARatingMember2024-12-310000714310us-gaap:USTreasurySecuritiesMembervly:BBBRatingMember2024-12-310000714310us-gaap:USTreasurySecuritiesMembervly:NonRatedMember2024-12-310000714310us-gaap:USGovernmentAgenciesDebtSecuritiesMembervly:AAAToAAToARatingMember2024-12-310000714310us-gaap:USGovernmentAgenciesDebtSecuritiesMembervly:BBBRatingMember2024-12-310000714310us-gaap:USGovernmentAgenciesDebtSecuritiesMembervly:NonRatedMember2024-12-310000714310us-gaap:StateAndLocalJurisdictionMembervly:AAAToAAToARatingMember2024-12-310000714310us-gaap:StateAndLocalJurisdictionMembervly:BBBRatingMember2024-12-310000714310us-gaap:StateAndLocalJurisdictionMembervly:NonRatedMember2024-12-310000714310us-gaap:MunicipalBondsMembervly:AAAToAAToARatingMember2024-12-310000714310us-gaap:MunicipalBondsMembervly:BBBRatingMember2024-12-310000714310us-gaap:MunicipalBondsMembervly:NonRatedMember2024-12-310000714310us-gaap:USStatesAndPoliticalSubdivisionsMembervly:AAAToAAToARatingMember2024-12-310000714310us-gaap:USStatesAndPoliticalSubdivisionsMembervly:BBBRatingMember2024-12-310000714310us-gaap:USStatesAndPoliticalSubdivisionsMembervly:NonRatedMember2024-12-310000714310us-gaap:ResidentialMortgageBackedSecuritiesMembervly:AAAToAAToARatingMember2024-12-310000714310us-gaap:ResidentialMortgageBackedSecuritiesMembervly:BBBRatingMember2024-12-310000714310us-gaap:ResidentialMortgageBackedSecuritiesMembervly:NonRatedMember2024-12-310000714310us-gaap:OtherDebtSecuritiesMembervly:AAAToAAToARatingMember2024-12-310000714310us-gaap:OtherDebtSecuritiesMembervly:BBBRatingMember2024-12-310000714310us-gaap:OtherDebtSecuritiesMembervly:NonRatedMember2024-12-310000714310us-gaap:CorporateDebtSecuritiesMembervly:AAAToAAToARatingMember2024-12-310000714310us-gaap:CorporateDebtSecuritiesMembervly:BBBRatingMember2024-12-310000714310us-gaap:CorporateDebtSecuritiesMembervly:NonRatedMember2024-12-310000714310vly:AAAToAAToARatingMember2024-12-310000714310vly:BBBRatingMember2024-12-310000714310vly:NonRatedMember2024-12-310000714310us-gaap:CommercialPortfolioSegmentMember2025-12-310000714310us-gaap:CommercialPortfolioSegmentMember2024-12-310000714310us-gaap:CommercialRealEstatePortfolioSegmentMemberus-gaap:RealEstateLoanMember2025-12-310000714310us-gaap:CommercialRealEstatePortfolioSegmentMemberus-gaap:RealEstateLoanMember2024-12-310000714310us-gaap:CommercialRealEstatePortfolioSegmentMemberus-gaap:ConstructionLoansMember2025-12-310000714310us-gaap:CommercialRealEstatePortfolioSegmentMemberus-gaap:ConstructionLoansMember2024-12-310000714310us-gaap:CommercialRealEstatePortfolioSegmentMember2025-12-310000714310us-gaap:CommercialRealEstatePortfolioSegmentMember2024-12-310000714310us-gaap:ResidentialPortfolioSegmentMember2025-12-310000714310us-gaap:ResidentialPortfolioSegmentMember2024-12-310000714310us-gaap:ConsumerPortfolioSegmentMemberus-gaap:HomeEquityLoanMember2025-12-310000714310us-gaap:ConsumerPortfolioSegmentMemberus-gaap:HomeEquityLoanMember2024-12-310000714310us-gaap:ConsumerPortfolioSegmentMemberus-gaap:AutomobileLoanMember2025-12-310000714310us-gaap:ConsumerPortfolioSegmentMemberus-gaap:AutomobileLoanMember2024-12-310000714310us-gaap:ConsumerPortfolioSegmentMembervly:OtherConsumerLoanMember2025-12-310000714310us-gaap:ConsumerPortfolioSegmentMembervly:OtherConsumerLoanMember2024-12-310000714310us-gaap:ConsumerPortfolioSegmentMember2025-12-310000714310us-gaap:ConsumerPortfolioSegmentMember2024-12-310000714310us-gaap:ResidentialPortfolioSegmentMember2024-01-012024-12-310000714310us-gaap:CommercialRealEstatePortfolioSegmentMemberus-gaap:ConstructionLoansMember2025-01-012025-12-310000714310us-gaap:CommercialRealEstatePortfolioSegmentMemberus-gaap:RealEstateLoanMember2025-01-012025-12-310000714310us-gaap:ConstructionMemberus-gaap:ConstructionLoansMember2025-01-012025-12-310000714310us-gaap:DisposalGroupDisposedOfBySaleNotDiscontinuedOperationsMembervly:CommercialPremiumFinanceLendingBusinessMember2024-02-012024-02-290000714310us-gaap:DisposalGroupDisposedOfBySaleNotDiscontinuedOperationsMembervly:CommercialPremiumFinanceLendingBusinessMember2024-02-290000714310us-gaap:DisposalGroupDisposedOfBySaleNotDiscontinuedOperationsMembervly:CommercialPremiumFinanceLendingBusinessMember2024-01-012024-12-310000714310us-gaap:CommercialRealEstatePortfolioSegmentMemberus-gaap:RealEstateLoanMember2024-01-012024-12-310000714310us-gaap:CommercialRealEstatePortfolioSegmentMemberus-gaap:ConstructionLoansMember2024-01-012024-12-310000714310us-gaap:CommercialPortfolioSegmentMemberus-gaap:FinancingReceivables30To59DaysPastDueMember2025-12-310000714310us-gaap:CommercialPortfolioSegmentMemberus-gaap:FinancingReceivables60To89DaysPastDueMember2025-12-310000714310us-gaap:CommercialPortfolioSegmentMemberus-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMember2025-12-310000714310us-gaap:CommercialPortfolioSegmentMemberus-gaap:FinancialAssetPastDueMember2025-12-310000714310us-gaap:CommercialPortfolioSegmentMemberus-gaap:FinancialAssetNotPastDueMember2025-12-310000714310us-gaap:CommercialRealEstatePortfolioSegmentMemberus-gaap:RealEstateLoanMemberus-gaap:FinancingReceivables30To59DaysPastDueMember2025-12-310000714310us-gaap:CommercialRealEstatePortfolioSegmentMemberus-gaap:RealEstateLoanMemberus-gaap:FinancingReceivables60To89DaysPastDueMember2025-12-310000714310us-gaap:CommercialRealEstatePortfolioSegmentMemberus-gaap:RealEstateLoanMemberus-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMember2025-12-310000714310us-gaap:CommercialRealEstatePortfolioSegmentMemberus-gaap:RealEstateLoanMemberus-gaap:FinancialAssetPastDueMember2025-12-310000714310us-gaap:CommercialRealEstatePortfolioSegmentMemberus-gaap:RealEstateLoanMemberus-gaap:FinancialAssetNotPastDueMember2025-12-310000714310us-gaap:CommercialRealEstatePortfolioSegmentMemberus-gaap:ConstructionLoansMemberus-gaap:FinancingReceivables30To59DaysPastDueMember2025-12-310000714310us-gaap:CommercialRealEstatePortfolioSegmentMemberus-gaap:ConstructionLoansMemberus-gaap:FinancingReceivables60To89DaysPastDueMember2025-12-310000714310us-gaap:CommercialRealEstatePortfolioSegmentMemberus-gaap:ConstructionLoansMemberus-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMember2025-12-310000714310us-gaap:CommercialRealEstatePortfolioSegmentMemberus-gaap:ConstructionLoansMemberus-gaap:FinancialAssetPastDueMember2025-12-310000714310us-gaap:CommercialRealEstatePortfolioSegmentMemberus-gaap:ConstructionLoansMemberus-gaap:FinancialAssetNotPastDueMember2025-12-310000714310us-gaap:CommercialRealEstatePortfolioSegmentMemberus-gaap:FinancingReceivables30To59DaysPastDueMember2025-12-310000714310us-gaap:CommercialRealEstatePortfolioSegmentMemberus-gaap:FinancingReceivables60To89DaysPastDueMember2025-12-310000714310us-gaap:CommercialRealEstatePortfolioSegmentMemberus-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMember2025-12-310000714310us-gaap:CommercialRealEstatePortfolioSegmentMemberus-gaap:FinancialAssetPastDueMember2025-12-310000714310us-gaap:CommercialRealEstatePortfolioSegmentMemberus-gaap:FinancialAssetNotPastDueMember2025-12-310000714310us-gaap:ResidentialPortfolioSegmentMemberus-gaap:FinancingReceivables30To59DaysPastDueMember2025-12-310000714310us-gaap:ResidentialPortfolioSegmentMemberus-gaap:FinancingReceivables60To89DaysPastDueMember2025-12-310000714310us-gaap:ResidentialPortfolioSegmentMemberus-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMember2025-12-310000714310us-gaap:ResidentialPortfolioSegmentMemberus-gaap:FinancialAssetPastDueMember2025-12-310000714310us-gaap:ResidentialPortfolioSegmentMemberus-gaap:FinancialAssetNotPastDueMember2025-12-310000714310us-gaap:ConsumerPortfolioSegmentMemberus-gaap:HomeEquityLoanMemberus-gaap:FinancingReceivables30To59DaysPastDueMember2025-12-310000714310us-gaap:ConsumerPortfolioSegmentMemberus-gaap:HomeEquityLoanMemberus-gaap:FinancingReceivables60To89DaysPastDueMember2025-12-310000714310us-gaap:ConsumerPortfolioSegmentMemberus-gaap:HomeEquityLoanMemberus-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMember2025-12-310000714310us-gaap:ConsumerPortfolioSegmentMemberus-gaap:HomeEquityLoanMemberus-gaap:FinancialAssetPastDueMember2025-12-310000714310us-gaap:ConsumerPortfolioSegmentMemberus-gaap:HomeEquityLoanMemberus-gaap:FinancialAssetNotPastDueMember2025-12-310000714310us-gaap:ConsumerPortfolioSegmentMemberus-gaap:AutomobileLoanMemberus-gaap:FinancingReceivables30To59DaysPastDueMember2025-12-310000714310us-gaap:ConsumerPortfolioSegmentMemberus-gaap:AutomobileLoanMemberus-gaap:FinancingReceivables60To89DaysPastDueMember2025-12-310000714310us-gaap:ConsumerPortfolioSegmentMemberus-gaap:AutomobileLoanMemberus-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMember2025-12-310000714310us-gaap:ConsumerPortfolioSegmentMemberus-gaap:AutomobileLoanMemberus-gaap:FinancialAssetPastDueMember2025-12-310000714310us-gaap:ConsumerPortfolioSegmentMemberus-gaap:AutomobileLoanMemberus-gaap:FinancialAssetNotPastDueMember2025-12-310000714310us-gaap:ConsumerPortfolioSegmentMembervly:OtherConsumerLoanMemberus-gaap:FinancingReceivables30To59DaysPastDueMember2025-12-310000714310us-gaap:ConsumerPortfolioSegmentMembervly:OtherConsumerLoanMemberus-gaap:FinancingReceivables60To89DaysPastDueMember2025-12-310000714310us-gaap:ConsumerPortfolioSegmentMembervly:OtherConsumerLoanMemberus-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMember2025-12-310000714310us-gaap:ConsumerPortfolioSegmentMembervly:OtherConsumerLoanMemberus-gaap:FinancialAssetPastDueMember2025-12-310000714310us-gaap:ConsumerPortfolioSegmentMembervly:OtherConsumerLoanMemberus-gaap:FinancialAssetNotPastDueMember2025-12-310000714310us-gaap:ConsumerPortfolioSegmentMemberus-gaap:FinancingReceivables30To59DaysPastDueMember2025-12-310000714310us-gaap:ConsumerPortfolioSegmentMemberus-gaap:FinancingReceivables60To89DaysPastDueMember2025-12-310000714310us-gaap:ConsumerPortfolioSegmentMemberus-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMember2025-12-310000714310us-gaap:ConsumerPortfolioSegmentMemberus-gaap:FinancialAssetPastDueMember2025-12-310000714310us-gaap:ConsumerPortfolioSegmentMemberus-gaap:FinancialAssetNotPastDueMember2025-12-310000714310us-gaap:FinancingReceivables30To59DaysPastDueMember2025-12-310000714310us-gaap:FinancingReceivables60To89DaysPastDueMember2025-12-310000714310us-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMember2025-12-310000714310us-gaap:FinancialAssetPastDueMember2025-12-310000714310us-gaap:FinancialAssetNotPastDueMember2025-12-310000714310us-gaap:CommercialPortfolioSegmentMemberus-gaap:FinancingReceivables30To59DaysPastDueMember2024-12-310000714310us-gaap:CommercialPortfolioSegmentMemberus-gaap:FinancingReceivables60To89DaysPastDueMember2024-12-310000714310us-gaap:CommercialPortfolioSegmentMemberus-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMember2024-12-310000714310us-gaap:CommercialPortfolioSegmentMemberus-gaap:FinancialAssetPastDueMember2024-12-310000714310us-gaap:CommercialPortfolioSegmentMemberus-gaap:FinancialAssetNotPastDueMember2024-12-310000714310us-gaap:CommercialRealEstatePortfolioSegmentMemberus-gaap:RealEstateLoanMemberus-gaap:FinancingReceivables30To59DaysPastDueMember2024-12-310000714310us-gaap:CommercialRealEstatePortfolioSegmentMemberus-gaap:RealEstateLoanMemberus-gaap:FinancingReceivables60To89DaysPastDueMember2024-12-310000714310us-gaap:CommercialRealEstatePortfolioSegmentMemberus-gaap:RealEstateLoanMemberus-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMember2024-12-310000714310us-gaap:CommercialRealEstatePortfolioSegmentMemberus-gaap:RealEstateLoanMemberus-gaap:FinancialAssetPastDueMember2024-12-310000714310us-gaap:CommercialRealEstatePortfolioSegmentMemberus-gaap:RealEstateLoanMemberus-gaap:FinancialAssetNotPastDueMember2024-12-310000714310us-gaap:CommercialRealEstatePortfolioSegmentMemberus-gaap:ConstructionLoansMemberus-gaap:FinancingReceivables30To59DaysPastDueMember2024-12-310000714310us-gaap:CommercialRealEstatePortfolioSegmentMemberus-gaap:ConstructionLoansMemberus-gaap:FinancingReceivables60To89DaysPastDueMember2024-12-310000714310us-gaap:CommercialRealEstatePortfolioSegmentMemberus-gaap:ConstructionLoansMemberus-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMember2024-12-310000714310us-gaap:CommercialRealEstatePortfolioSegmentMemberus-gaap:ConstructionLoansMemberus-gaap:FinancialAssetPastDueMember2024-12-310000714310us-gaap:CommercialRealEstatePortfolioSegmentMemberus-gaap:ConstructionLoansMemberus-gaap:FinancialAssetNotPastDueMember2024-12-310000714310us-gaap:CommercialRealEstatePortfolioSegmentMemberus-gaap:FinancingReceivables30To59DaysPastDueMember2024-12-310000714310us-gaap:CommercialRealEstatePortfolioSegmentMemberus-gaap:FinancingReceivables60To89DaysPastDueMember2024-12-310000714310us-gaap:CommercialRealEstatePortfolioSegmentMemberus-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMember2024-12-310000714310us-gaap:CommercialRealEstatePortfolioSegmentMemberus-gaap:FinancialAssetPastDueMember2024-12-310000714310us-gaap:CommercialRealEstatePortfolioSegmentMemberus-gaap:FinancialAssetNotPastDueMember2024-12-310000714310us-gaap:ResidentialPortfolioSegmentMemberus-gaap:FinancingReceivables30To59DaysPastDueMember2024-12-310000714310us-gaap:ResidentialPortfolioSegmentMemberus-gaap:FinancingReceivables60To89DaysPastDueMember2024-12-310000714310us-gaap:ResidentialPortfolioSegmentMemberus-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMember2024-12-310000714310us-gaap:ResidentialPortfolioSegmentMemberus-gaap:FinancialAssetPastDueMember2024-12-310000714310us-gaap:ResidentialPortfolioSegmentMemberus-gaap:FinancialAssetNotPastDueMember2024-12-310000714310us-gaap:ConsumerPortfolioSegmentMemberus-gaap:HomeEquityLoanMemberus-gaap:FinancingReceivables30To59DaysPastDueMember2024-12-310000714310us-gaap:ConsumerPortfolioSegmentMemberus-gaap:HomeEquityLoanMemberus-gaap:FinancingReceivables60To89DaysPastDueMember2024-12-310000714310us-gaap:ConsumerPortfolioSegmentMemberus-gaap:HomeEquityLoanMemberus-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMember2024-12-310000714310us-gaap:ConsumerPortfolioSegmentMemberus-gaap:HomeEquityLoanMemberus-gaap:FinancialAssetPastDueMember2024-12-310000714310us-gaap:ConsumerPortfolioSegmentMemberus-gaap:HomeEquityLoanMemberus-gaap:FinancialAssetNotPastDueMember2024-12-310000714310us-gaap:ConsumerPortfolioSegmentMemberus-gaap:AutomobileLoanMemberus-gaap:FinancingReceivables30To59DaysPastDueMember2024-12-310000714310us-gaap:ConsumerPortfolioSegmentMemberus-gaap:AutomobileLoanMemberus-gaap:FinancingReceivables60To89DaysPastDueMember2024-12-310000714310us-gaap:ConsumerPortfolioSegmentMemberus-gaap:AutomobileLoanMemberus-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMember2024-12-310000714310us-gaap:ConsumerPortfolioSegmentMemberus-gaap:AutomobileLoanMemberus-gaap:FinancialAssetPastDueMember2024-12-310000714310us-gaap:ConsumerPortfolioSegmentMemberus-gaap:AutomobileLoanMemberus-gaap:FinancialAssetNotPastDueMember2024-12-310000714310us-gaap:ConsumerPortfolioSegmentMembervly:OtherConsumerLoanMemberus-gaap:FinancingReceivables30To59DaysPastDueMember2024-12-310000714310us-gaap:ConsumerPortfolioSegmentMembervly:OtherConsumerLoanMemberus-gaap:FinancingReceivables60To89DaysPastDueMember2024-12-310000714310us-gaap:ConsumerPortfolioSegmentMembervly:OtherConsumerLoanMemberus-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMember2024-12-310000714310us-gaap:ConsumerPortfolioSegmentMembervly:OtherConsumerLoanMemberus-gaap:FinancialAssetPastDueMember2024-12-310000714310us-gaap:ConsumerPortfolioSegmentMembervly:OtherConsumerLoanMemberus-gaap:FinancialAssetNotPastDueMember2024-12-310000714310us-gaap:ConsumerPortfolioSegmentMemberus-gaap:FinancingReceivables30To59DaysPastDueMember2024-12-310000714310us-gaap:ConsumerPortfolioSegmentMemberus-gaap:FinancingReceivables60To89DaysPastDueMember2024-12-310000714310us-gaap:ConsumerPortfolioSegmentMemberus-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMember2024-12-310000714310us-gaap:ConsumerPortfolioSegmentMemberus-gaap:FinancialAssetPastDueMember2024-12-310000714310us-gaap:ConsumerPortfolioSegmentMemberus-gaap:FinancialAssetNotPastDueMember2024-12-310000714310us-gaap:FinancingReceivables30To59DaysPastDueMember2024-12-310000714310us-gaap:FinancingReceivables60To89DaysPastDueMember2024-12-310000714310us-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMember2024-12-310000714310us-gaap:FinancialAssetPastDueMember2024-12-310000714310us-gaap:FinancialAssetNotPastDueMember2024-12-310000714310us-gaap:CommercialPortfolioSegmentMemberus-gaap:PassMember2025-12-310000714310us-gaap:CommercialPortfolioSegmentMemberus-gaap:SpecialMentionMember2025-12-310000714310us-gaap:CommercialPortfolioSegmentMemberus-gaap:SubstandardMember2025-12-310000714310us-gaap:CommercialPortfolioSegmentMemberus-gaap:DoubtfulMember2025-12-310000714310us-gaap:CommercialRealEstatePortfolioSegmentMemberus-gaap:RealEstateLoanMemberus-gaap:PassMember2025-12-310000714310us-gaap:CommercialRealEstatePortfolioSegmentMemberus-gaap:RealEstateLoanMemberus-gaap:SpecialMentionMember2025-12-310000714310us-gaap:CommercialRealEstatePortfolioSegmentMemberus-gaap:RealEstateLoanMemberus-gaap:SubstandardMember2025-12-310000714310us-gaap:CommercialRealEstatePortfolioSegmentMemberus-gaap:RealEstateLoanMemberus-gaap:DoubtfulMember2025-12-310000714310us-gaap:CommercialRealEstatePortfolioSegmentMemberus-gaap:ConstructionLoansMemberus-gaap:PassMember2025-12-310000714310us-gaap:CommercialRealEstatePortfolioSegmentMemberus-gaap:ConstructionLoansMemberus-gaap:SpecialMentionMember2025-12-310000714310us-gaap:CommercialRealEstatePortfolioSegmentMemberus-gaap:ConstructionLoansMemberus-gaap:SubstandardMember2025-12-310000714310vly:CommercialAndIndustrialAndCommercialRealEstateMember2025-01-012025-12-310000714310us-gaap:CommercialPortfolioSegmentMemberus-gaap:PassMember2024-12-310000714310us-gaap:CommercialPortfolioSegmentMemberus-gaap:SpecialMentionMember2024-12-310000714310us-gaap:CommercialPortfolioSegmentMemberus-gaap:SubstandardMember2024-12-310000714310us-gaap:CommercialPortfolioSegmentMemberus-gaap:DoubtfulMember2024-12-310000714310us-gaap:CommercialRealEstatePortfolioSegmentMemberus-gaap:RealEstateLoanMemberus-gaap:PassMember2024-12-310000714310us-gaap:CommercialRealEstatePortfolioSegmentMemberus-gaap:RealEstateLoanMemberus-gaap:SpecialMentionMember2024-12-310000714310us-gaap:CommercialRealEstatePortfolioSegmentMemberus-gaap:RealEstateLoanMemberus-gaap:SubstandardMember2024-12-310000714310us-gaap:CommercialRealEstatePortfolioSegmentMemberus-gaap:RealEstateLoanMemberus-gaap:DoubtfulMember2024-12-310000714310us-gaap:CommercialRealEstatePortfolioSegmentMemberus-gaap:ConstructionLoansMemberus-gaap:PassMember2024-12-310000714310us-gaap:CommercialRealEstatePortfolioSegmentMemberus-gaap:ConstructionLoansMemberus-gaap:SpecialMentionMember2024-12-310000714310us-gaap:CommercialRealEstatePortfolioSegmentMemberus-gaap:ConstructionLoansMemberus-gaap:SubstandardMember2024-12-310000714310us-gaap:CommercialRealEstatePortfolioSegmentMemberus-gaap:ConstructionLoansMemberus-gaap:DoubtfulMember2024-12-310000714310vly:CommercialAndIndustrialAndCommercialRealEstateMember2024-01-012024-12-310000714310us-gaap:ResidentialPortfolioSegmentMemberus-gaap:PerformingFinancingReceivableMember2025-12-310000714310us-gaap:ResidentialPortfolioSegmentMemberus-gaap:NonperformingFinancingReceivableMemberus-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMember2025-12-310000714310us-gaap:ConsumerPortfolioSegmentMemberus-gaap:PerformingFinancingReceivableMemberus-gaap:HomeEquityLoanMember2025-12-310000714310us-gaap:ConsumerPortfolioSegmentMemberus-gaap:NonperformingFinancingReceivableMemberus-gaap:HomeEquityLoanMemberus-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMember2025-12-310000714310us-gaap:ConsumerPortfolioSegmentMemberus-gaap:PerformingFinancingReceivableMemberus-gaap:AutomobileLoanMember2025-12-310000714310us-gaap:ConsumerPortfolioSegmentMemberus-gaap:NonperformingFinancingReceivableMemberus-gaap:AutomobileLoanMemberus-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMember2025-12-310000714310us-gaap:ConsumerPortfolioSegmentMemberus-gaap:PerformingFinancingReceivableMembervly:OtherConsumerLoanMember2025-12-310000714310us-gaap:ConsumerPortfolioSegmentMemberus-gaap:NonperformingFinancingReceivableMembervly:OtherConsumerLoanMemberus-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMember2025-12-310000714310vly:ResidentialMortgageAndConsumerMember2025-01-012025-12-310000714310us-gaap:ResidentialPortfolioSegmentMemberus-gaap:PerformingFinancingReceivableMember2024-12-310000714310us-gaap:ResidentialPortfolioSegmentMemberus-gaap:NonperformingFinancingReceivableMemberus-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMember2024-12-310000714310us-gaap:ConsumerPortfolioSegmentMemberus-gaap:PerformingFinancingReceivableMemberus-gaap:HomeEquityLoanMember2024-12-310000714310us-gaap:ConsumerPortfolioSegmentMemberus-gaap:NonperformingFinancingReceivableMemberus-gaap:HomeEquityLoanMemberus-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMember2024-12-310000714310us-gaap:ConsumerPortfolioSegmentMemberus-gaap:PerformingFinancingReceivableMemberus-gaap:AutomobileLoanMember2024-12-310000714310us-gaap:ConsumerPortfolioSegmentMemberus-gaap:NonperformingFinancingReceivableMemberus-gaap:AutomobileLoanMemberus-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMember2024-12-310000714310us-gaap:ConsumerPortfolioSegmentMemberus-gaap:PerformingFinancingReceivableMembervly:OtherConsumerLoanMember2024-12-310000714310us-gaap:ConsumerPortfolioSegmentMemberus-gaap:NonperformingFinancingReceivableMembervly:OtherConsumerLoanMemberus-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMember2024-12-310000714310vly:ResidentialMortgageAndConsumerMember2024-01-012024-12-310000714310us-gaap:CommercialPortfolioSegmentMemberus-gaap:ContractualInterestRateReductionMember2025-01-012025-12-310000714310us-gaap:CommercialPortfolioSegmentMemberus-gaap:ExtendedMaturityMember2025-01-012025-12-310000714310us-gaap:CommercialPortfolioSegmentMemberus-gaap:ExtendedMaturityAndInterestRateReductionMember2025-01-012025-12-310000714310us-gaap:CommercialPortfolioSegmentMemberus-gaap:ExtendedMaturityAndPrincipalForgivenessMember2025-01-012025-12-310000714310us-gaap:CommercialPortfolioSegmentMemberus-gaap:PaymentDeferralMember2025-01-012025-12-310000714310us-gaap:CommercialPortfolioSegmentMember2025-01-012025-12-310000714310us-gaap:CommercialRealEstatePortfolioSegmentMemberus-gaap:RealEstateLoanMemberus-gaap:ContractualInterestRateReductionMember2025-01-012025-12-310000714310us-gaap:CommercialRealEstatePortfolioSegmentMemberus-gaap:RealEstateLoanMemberus-gaap:ExtendedMaturityMember2025-01-012025-12-310000714310us-gaap:CommercialRealEstatePortfolioSegmentMemberus-gaap:RealEstateLoanMemberus-gaap:ExtendedMaturityAndInterestRateReductionMember2025-01-012025-12-310000714310us-gaap:CommercialRealEstatePortfolioSegmentMemberus-gaap:RealEstateLoanMemberus-gaap:ExtendedMaturityAndPrincipalForgivenessMember2025-01-012025-12-310000714310us-gaap:CommercialRealEstatePortfolioSegmentMemberus-gaap:RealEstateLoanMemberus-gaap:PaymentDeferralMember2025-01-012025-12-310000714310us-gaap:ResidentialPortfolioSegmentMemberus-gaap:ContractualInterestRateReductionMember2025-01-012025-12-310000714310us-gaap:ResidentialPortfolioSegmentMemberus-gaap:ExtendedMaturityMember2025-01-012025-12-310000714310us-gaap:ResidentialPortfolioSegmentMemberus-gaap:ExtendedMaturityAndInterestRateReductionMember2025-01-012025-12-310000714310us-gaap:ResidentialPortfolioSegmentMemberus-gaap:ExtendedMaturityAndPrincipalForgivenessMember2025-01-012025-12-310000714310us-gaap:ResidentialPortfolioSegmentMemberus-gaap:PaymentDeferralMember2025-01-012025-12-310000714310us-gaap:ResidentialPortfolioSegmentMember2025-01-012025-12-310000714310us-gaap:ContractualInterestRateReductionMember2025-01-012025-12-310000714310us-gaap:ExtendedMaturityMember2025-01-012025-12-310000714310us-gaap:ExtendedMaturityAndInterestRateReductionMember2025-01-012025-12-310000714310us-gaap:ExtendedMaturityAndPrincipalForgivenessMember2025-01-012025-12-310000714310us-gaap:PaymentDeferralMember2025-01-012025-12-310000714310us-gaap:CommercialPortfolioSegmentMemberus-gaap:ContractualInterestRateReductionMember2024-01-012024-12-310000714310us-gaap:CommercialPortfolioSegmentMemberus-gaap:ExtendedMaturityMember2024-01-012024-12-310000714310us-gaap:CommercialPortfolioSegmentMemberus-gaap:ExtendedMaturityAndInterestRateReductionMember2024-01-012024-12-310000714310us-gaap:CommercialPortfolioSegmentMemberus-gaap:ExtendedMaturityAndPrincipalForgivenessMember2024-01-012024-12-310000714310us-gaap:CommercialPortfolioSegmentMemberus-gaap:PaymentDeferralMember2024-01-012024-12-310000714310us-gaap:CommercialPortfolioSegmentMember2024-01-012024-12-310000714310us-gaap:CommercialRealEstatePortfolioSegmentMemberus-gaap:RealEstateLoanMemberus-gaap:ContractualInterestRateReductionMember2024-01-012024-12-310000714310us-gaap:CommercialRealEstatePortfolioSegmentMemberus-gaap:RealEstateLoanMemberus-gaap:ExtendedMaturityMember2024-01-012024-12-310000714310us-gaap:CommercialRealEstatePortfolioSegmentMemberus-gaap:RealEstateLoanMemberus-gaap:ExtendedMaturityAndInterestRateReductionMember2024-01-012024-12-310000714310us-gaap:CommercialRealEstatePortfolioSegmentMemberus-gaap:RealEstateLoanMemberus-gaap:ExtendedMaturityAndPrincipalForgivenessMember2024-01-012024-12-310000714310us-gaap:CommercialRealEstatePortfolioSegmentMemberus-gaap:RealEstateLoanMemberus-gaap:PaymentDeferralMember2024-01-012024-12-310000714310us-gaap:CommercialRealEstatePortfolioSegmentMemberus-gaap:ConstructionLoansMemberus-gaap:ContractualInterestRateReductionMember2024-01-012024-12-310000714310us-gaap:CommercialRealEstatePortfolioSegmentMemberus-gaap:ConstructionLoansMemberus-gaap:ExtendedMaturityMember2024-01-012024-12-310000714310us-gaap:CommercialRealEstatePortfolioSegmentMemberus-gaap:ConstructionLoansMemberus-gaap:ExtendedMaturityAndInterestRateReductionMember2024-01-012024-12-310000714310us-gaap:CommercialRealEstatePortfolioSegmentMemberus-gaap:ConstructionLoansMemberus-gaap:ExtendedMaturityAndPrincipalForgivenessMember2024-01-012024-12-310000714310us-gaap:CommercialRealEstatePortfolioSegmentMemberus-gaap:ConstructionLoansMemberus-gaap:PaymentDeferralMember2024-01-012024-12-310000714310us-gaap:ResidentialPortfolioSegmentMemberus-gaap:ContractualInterestRateReductionMember2024-01-012024-12-310000714310us-gaap:ResidentialPortfolioSegmentMemberus-gaap:ExtendedMaturityMember2024-01-012024-12-310000714310us-gaap:ResidentialPortfolioSegmentMemberus-gaap:ExtendedMaturityAndInterestRateReductionMember2024-01-012024-12-310000714310us-gaap:ResidentialPortfolioSegmentMemberus-gaap:ExtendedMaturityAndPrincipalForgivenessMember2024-01-012024-12-310000714310us-gaap:ResidentialPortfolioSegmentMemberus-gaap:PaymentDeferralMember2024-01-012024-12-310000714310vly:HomeEquityPortfolioSegmentMemberus-gaap:ContractualInterestRateReductionMember2024-01-012024-12-310000714310vly:HomeEquityPortfolioSegmentMemberus-gaap:ExtendedMaturityMember2024-01-012024-12-310000714310vly:HomeEquityPortfolioSegmentMemberus-gaap:ExtendedMaturityAndInterestRateReductionMember2024-01-012024-12-310000714310vly:HomeEquityPortfolioSegmentMemberus-gaap:ExtendedMaturityAndPrincipalForgivenessMember2024-01-012024-12-310000714310vly:HomeEquityPortfolioSegmentMemberus-gaap:PaymentDeferralMember2024-01-012024-12-310000714310vly:HomeEquityPortfolioSegmentMember2024-01-012024-12-310000714310us-gaap:ContractualInterestRateReductionMember2024-01-012024-12-310000714310us-gaap:ExtendedMaturityMember2024-01-012024-12-310000714310us-gaap:ExtendedMaturityAndInterestRateReductionMember2024-01-012024-12-310000714310us-gaap:ExtendedMaturityAndPrincipalForgivenessMember2024-01-012024-12-310000714310us-gaap:PaymentDeferralMember2024-01-012024-12-310000714310vly:HomeEquityPortfolioSegmentMember2024-12-310000714310us-gaap:CommercialPortfolioSegmentMembervly:FinancialAsset30To89DaysPastDueMember2025-12-310000714310us-gaap:CommercialRealEstatePortfolioSegmentMemberus-gaap:RealEstateLoanMembervly:FinancialAsset30To89DaysPastDueMember2025-12-310000714310us-gaap:ResidentialPortfolioSegmentMembervly:FinancialAsset30To89DaysPastDueMember2025-12-310000714310vly:FinancialAsset30To89DaysPastDueMember2025-12-310000714310us-gaap:CommercialPortfolioSegmentMembervly:FinancialAsset30To89DaysPastDueMember2024-12-310000714310us-gaap:CommercialRealEstatePortfolioSegmentMemberus-gaap:RealEstateLoanMembervly:FinancialAsset30To89DaysPastDueMember2024-12-310000714310us-gaap:CommercialRealEstatePortfolioSegmentMemberus-gaap:ConstructionLoansMembervly:FinancialAsset30To89DaysPastDueMember2024-12-310000714310us-gaap:ResidentialPortfolioSegmentMembervly:FinancialAsset30To89DaysPastDueMember2024-12-310000714310us-gaap:HomeEquityLoanMemberus-gaap:FinancialAssetNotPastDueMember2024-12-310000714310us-gaap:HomeEquityLoanMembervly:FinancialAsset30To89DaysPastDueMember2024-12-310000714310us-gaap:HomeEquityLoanMemberus-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMember2024-12-310000714310us-gaap:HomeEquityLoanMember2024-12-310000714310vly:FinancialAsset30To89DaysPastDueMember2024-12-310000714310us-gaap:CommercialRealEstatePortfolioSegmentMemberus-gaap:ExtendedMaturityMember2024-01-012024-12-310000714310us-gaap:CommercialRealEstatePortfolioSegmentMemberus-gaap:PaymentDeferralMember2024-01-012024-12-310000714310us-gaap:CommercialPortfolioSegmentMemberus-gaap:CollateralPledgedMember2025-12-310000714310us-gaap:CommercialPortfolioSegmentMemberus-gaap:CollateralPledgedMember2024-12-310000714310us-gaap:CommercialRealEstatePortfolioSegmentMemberus-gaap:RealEstateLoanMemberus-gaap:CollateralPledgedMember2025-12-310000714310us-gaap:CommercialRealEstatePortfolioSegmentMemberus-gaap:RealEstateLoanMemberus-gaap:CollateralPledgedMember2024-12-310000714310us-gaap:CommercialRealEstatePortfolioSegmentMemberus-gaap:ConstructionLoansMemberus-gaap:CollateralPledgedMember2025-12-310000714310us-gaap:CommercialRealEstatePortfolioSegmentMemberus-gaap:ConstructionLoansMemberus-gaap:CollateralPledgedMember2024-12-310000714310us-gaap:CommercialRealEstatePortfolioSegmentMemberus-gaap:CollateralPledgedMember2025-12-310000714310us-gaap:CommercialRealEstatePortfolioSegmentMemberus-gaap:CollateralPledgedMember2024-12-310000714310us-gaap:ResidentialPortfolioSegmentMemberus-gaap:CollateralPledgedMember2025-12-310000714310us-gaap:ResidentialPortfolioSegmentMemberus-gaap:CollateralPledgedMember2024-12-310000714310us-gaap:ConsumerPortfolioSegmentMemberus-gaap:HomeEquityLoanMemberus-gaap:CollateralPledgedMember2025-12-310000714310us-gaap:ConsumerPortfolioSegmentMemberus-gaap:HomeEquityLoanMemberus-gaap:CollateralPledgedMember2024-12-310000714310us-gaap:CollateralPledgedMember2025-12-310000714310us-gaap:CollateralPledgedMember2024-12-310000714310us-gaap:CommercialRealEstatePortfolioSegmentMember2025-01-012025-12-310000714310us-gaap:ConsumerPortfolioSegmentMember2025-01-012025-12-310000714310us-gaap:CommercialPortfolioSegmentMember2023-12-310000714310us-gaap:CommercialRealEstatePortfolioSegmentMember2023-12-310000714310us-gaap:ResidentialPortfolioSegmentMember2023-12-310000714310us-gaap:ConsumerPortfolioSegmentMember2023-12-310000714310us-gaap:CommercialRealEstatePortfolioSegmentMember2024-01-012024-12-310000714310us-gaap:ConsumerPortfolioSegmentMember2024-01-012024-12-310000714310us-gaap:LandMember2025-12-310000714310us-gaap:LandMember2024-12-310000714310us-gaap:BuildingMember2025-12-310000714310us-gaap:BuildingMember2024-12-310000714310us-gaap:LeaseholdImprovementsMember2025-12-310000714310us-gaap:LeaseholdImprovementsMember2024-12-310000714310vly:FurnitureAndEquipmentMember2025-12-310000714310vly:FurnitureAndEquipmentMember2024-12-310000714310vly:WealthManagementMembervly:ConsumerLendingMember2024-12-310000714310vly:WealthManagementMembervly:ConsumerLendingMember2025-12-310000714310vly:ConsumerLendingMember2024-12-310000714310vly:ConsumerLendingMember2025-12-310000714310vly:CommercialBankingSegmentMember2024-12-310000714310vly:CommercialBankingSegmentMember2025-12-310000714310vly:LoanServicingRightsMember2025-12-310000714310us-gaap:CoreDepositsMember2025-12-310000714310us-gaap:OtherIntangibleAssetsMember2025-12-310000714310vly:LoanServicingRightsMember2024-12-310000714310us-gaap:CoreDepositsMember2024-12-310000714310us-gaap:OtherIntangibleAssetsMember2024-12-310000714310us-gaap:CoreDepositsMember2025-01-012025-12-310000714310us-gaap:OtherIntangibleAssetsMember2025-01-012025-12-310000714310us-gaap:ResidentialPortfolioSegmentMember2025-12-310000714310us-gaap:ResidentialPortfolioSegmentMember2023-12-310000714310us-gaap:ResidentialPortfolioSegmentMember2024-12-310000714310us-gaap:ShortTermDebtMember2025-12-310000714310us-gaap:ShortTermDebtMember2024-12-310000714310us-gaap:LongTermDebtMember2025-12-310000714310us-gaap:LongTermDebtMember2024-12-310000714310us-gaap:FederalHomeLoanBankAdvancesMember2025-12-310000714310us-gaap:FederalHomeLoanBankAdvancesMember2024-12-3100007143102025-06-152025-06-1500007143102025-06-302025-06-300000714310vly:SubordinatedNotesDueJune2031Member2021-05-310000714310vly:SubordinatedNotesDueJune2031Member2021-05-012021-05-310000714310vly:USAmeriBancorpInc.Member2025-01-012025-12-310000714310us-gaap:SubordinatedDebtMember2025-01-012025-12-310000714310us-gaap:SubordinatedDebtMember2021-05-012021-05-310000714310vly:SubordinatedNotesDueJune2031Member2021-06-300000714310vly:SubordinatedNotesDueJune2031Member2025-12-310000714310vly:SubordinatedNotesDueJune2031Member2024-12-310000714310vly:USAmeriBancorpInc.Member2022-09-200000714310vly:USAmeriBancorpInc.Member2022-09-202022-09-200000714310vly:USAmeriBancorpInc.Memberus-gaap:SubordinatedDebtMember2025-01-012025-12-310000714310us-gaap:SubordinatedDebtMember2022-09-202022-09-200000714310vly:SubordinatedNotesDueSeptember2032Member2025-12-310000714310vly:SubordinatedNotesDueSeptember2032Member2024-12-310000714310vly:GcbCapitalTrustThreeMemberus-gaap:SubordinatedDebenturesSubjectToMandatoryRedemptionMember2025-12-310000714310vly:StateBancorpCapitalTrustOneMemberus-gaap:SubordinatedDebenturesSubjectToMandatoryRedemptionMember2025-12-310000714310vly:StateBancorpCapitalTrustTwoMemberus-gaap:SubordinatedDebenturesSubjectToMandatoryRedemptionMember2025-12-310000714310vly:AliantStatutoryTrustTwoMemberus-gaap:SubordinatedDebenturesSubjectToMandatoryRedemptionMember2025-12-310000714310vly:GcbCapitalTrustThreeMemberus-gaap:SubordinatedDebenturesSubjectToMandatoryRedemptionMember2025-01-012025-12-310000714310vly:StateBancorpCapitalTrustOneMemberus-gaap:SubordinatedDebenturesSubjectToMandatoryRedemptionMember2025-01-012025-12-310000714310vly:StateBancorpCapitalTrustTwoMemberus-gaap:SubordinatedDebenturesSubjectToMandatoryRedemptionMember2025-01-012025-12-310000714310vly:AliantStatutoryTrustTwoMemberus-gaap:SubordinatedDebenturesSubjectToMandatoryRedemptionMember2025-01-012025-12-310000714310vly:GcbCapitalTrustThreeMemberus-gaap:SubordinatedDebenturesSubjectToMandatoryRedemptionMember2024-12-310000714310vly:StateBancorpCapitalTrustOneMemberus-gaap:SubordinatedDebenturesSubjectToMandatoryRedemptionMember2024-12-310000714310vly:StateBancorpCapitalTrustTwoMemberus-gaap:SubordinatedDebenturesSubjectToMandatoryRedemptionMember2024-12-310000714310vly:AliantStatutoryTrustTwoMemberus-gaap:SubordinatedDebenturesSubjectToMandatoryRedemptionMember2024-12-310000714310vly:GcbCapitalTrustThreeMemberus-gaap:SubordinatedDebenturesSubjectToMandatoryRedemptionMember2024-01-012024-12-310000714310vly:StateBancorpCapitalTrustOneMemberus-gaap:SubordinatedDebenturesSubjectToMandatoryRedemptionMember2024-01-012024-12-310000714310vly:StateBancorpCapitalTrustTwoMemberus-gaap:SubordinatedDebenturesSubjectToMandatoryRedemptionMember2024-01-012024-12-310000714310vly:AliantStatutoryTrustTwoMemberus-gaap:SubordinatedDebenturesSubjectToMandatoryRedemptionMember2024-01-012024-12-310000714310vly:GcbCapitalTrustThreeMemberus-gaap:TrustPreferredSecuritiesSubjectToMandatoryRedemptionMember2025-12-310000714310vly:GcbCapitalTrustThreeMemberus-gaap:TrustPreferredSecuritiesSubjectToMandatoryRedemptionMember2024-12-310000714310vly:StateBancorpCapitalTrustOneMemberus-gaap:TrustPreferredSecuritiesSubjectToMandatoryRedemptionMember2024-12-310000714310vly:StateBancorpCapitalTrustOneMemberus-gaap:TrustPreferredSecuritiesSubjectToMandatoryRedemptionMember2025-12-310000714310vly:StateBancorpCapitalTrustTwoMemberus-gaap:TrustPreferredSecuritiesSubjectToMandatoryRedemptionMember2025-12-310000714310vly:StateBancorpCapitalTrustTwoMemberus-gaap:TrustPreferredSecuritiesSubjectToMandatoryRedemptionMember2024-12-310000714310vly:AliantStatutoryTrustTwoMemberus-gaap:TrustPreferredSecuritiesSubjectToMandatoryRedemptionMember2025-12-310000714310vly:AliantStatutoryTrustTwoMemberus-gaap:TrustPreferredSecuritiesSubjectToMandatoryRedemptionMember2024-12-310000714310us-gaap:PensionPlansDefinedBenefitMember2024-12-310000714310us-gaap:PensionPlansDefinedBenefitMember2023-12-310000714310us-gaap:OtherPostretirementBenefitPlansDefinedBenefitMember2024-12-310000714310us-gaap:OtherPostretirementBenefitPlansDefinedBenefitMember2023-12-310000714310us-gaap:PensionPlansDefinedBenefitMember2025-01-012025-12-310000714310us-gaap:PensionPlansDefinedBenefitMember2024-01-012024-12-310000714310us-gaap:OtherPostretirementBenefitPlansDefinedBenefitMember2025-01-012025-12-310000714310us-gaap:OtherPostretirementBenefitPlansDefinedBenefitMember2024-01-012024-12-310000714310us-gaap:PensionPlansDefinedBenefitMember2025-12-310000714310us-gaap:OtherPostretirementBenefitPlansDefinedBenefitMember2025-12-310000714310us-gaap:NonqualifiedPlanMember2025-12-310000714310us-gaap:NonqualifiedPlanMember2024-12-310000714310us-gaap:PensionPlansDefinedBenefitMember2023-01-012023-12-310000714310us-gaap:OtherPostretirementBenefitPlansDefinedBenefitMember2023-01-012023-12-310000714310us-gaap:MutualFundMember2025-12-310000714310us-gaap:MutualFundMemberus-gaap:FairValueInputsLevel1Member2025-12-310000714310us-gaap:MutualFundMemberus-gaap:FairValueInputsLevel2Member2025-12-310000714310us-gaap:MutualFundMemberus-gaap:FairValueInputsLevel3Member2025-12-310000714310us-gaap:CorporateBondSecuritiesMember2025-12-310000714310us-gaap:CorporateBondSecuritiesMemberus-gaap:FairValueInputsLevel1Member2025-12-310000714310us-gaap:CorporateBondSecuritiesMemberus-gaap:FairValueInputsLevel2Member2025-12-310000714310us-gaap:CorporateBondSecuritiesMemberus-gaap:FairValueInputsLevel3Member2025-12-310000714310us-gaap:USTreasurySecuritiesMember2025-12-310000714310us-gaap:USTreasurySecuritiesMemberus-gaap:FairValueInputsLevel1Member2025-12-310000714310us-gaap:USTreasurySecuritiesMemberus-gaap:FairValueInputsLevel2Member2025-12-310000714310us-gaap:USTreasurySecuritiesMemberus-gaap:FairValueInputsLevel3Member2025-12-310000714310us-gaap:DefinedBenefitPlanEquitySecuritiesMember2025-12-310000714310us-gaap:DefinedBenefitPlanEquitySecuritiesMemberus-gaap:FairValueInputsLevel1Member2025-12-310000714310us-gaap:DefinedBenefitPlanEquitySecuritiesMemberus-gaap:FairValueInputsLevel2Member2025-12-310000714310us-gaap:DefinedBenefitPlanEquitySecuritiesMemberus-gaap:FairValueInputsLevel3Member2025-12-310000714310us-gaap:USGovernmentAgenciesDebtSecuritiesMember2025-12-310000714310us-gaap:USGovernmentAgenciesDebtSecuritiesMemberus-gaap:FairValueInputsLevel1Member2025-12-310000714310us-gaap:USGovernmentAgenciesDebtSecuritiesMemberus-gaap:FairValueInputsLevel2Member2025-12-310000714310us-gaap:USGovernmentAgenciesDebtSecuritiesMemberus-gaap:FairValueInputsLevel3Member2025-12-310000714310us-gaap:MoneyMarketFundsMember2025-12-310000714310us-gaap:MoneyMarketFundsMemberus-gaap:FairValueInputsLevel1Member2025-12-310000714310us-gaap:MoneyMarketFundsMemberus-gaap:FairValueInputsLevel2Member2025-12-310000714310us-gaap:MoneyMarketFundsMemberus-gaap:FairValueInputsLevel3Member2025-12-310000714310us-gaap:FairValueInputsLevel1Member2025-12-310000714310us-gaap:FairValueInputsLevel2Member2025-12-310000714310us-gaap:FairValueInputsLevel3Member2025-12-310000714310us-gaap:MutualFundMember2024-12-310000714310us-gaap:MutualFundMemberus-gaap:FairValueInputsLevel1Member2024-12-310000714310us-gaap:MutualFundMemberus-gaap:FairValueInputsLevel2Member2024-12-310000714310us-gaap:MutualFundMemberus-gaap:FairValueInputsLevel3Member2024-12-310000714310us-gaap:CorporateBondSecuritiesMember2024-12-310000714310us-gaap:CorporateBondSecuritiesMemberus-gaap:FairValueInputsLevel1Member2024-12-310000714310us-gaap:CorporateBondSecuritiesMemberus-gaap:FairValueInputsLevel2Member2024-12-310000714310us-gaap:CorporateBondSecuritiesMemberus-gaap:FairValueInputsLevel3Member2024-12-310000714310us-gaap:USTreasurySecuritiesMember2024-12-310000714310us-gaap:USTreasurySecuritiesMemberus-gaap:FairValueInputsLevel1Member2024-12-310000714310us-gaap:USTreasurySecuritiesMemberus-gaap:FairValueInputsLevel2Member2024-12-310000714310us-gaap:USTreasurySecuritiesMemberus-gaap:FairValueInputsLevel3Member2024-12-310000714310us-gaap:DefinedBenefitPlanEquitySecuritiesMember2024-12-310000714310us-gaap:DefinedBenefitPlanEquitySecuritiesMemberus-gaap:FairValueInputsLevel1Member2024-12-310000714310us-gaap:DefinedBenefitPlanEquitySecuritiesMemberus-gaap:FairValueInputsLevel2Member2024-12-310000714310us-gaap:DefinedBenefitPlanEquitySecuritiesMemberus-gaap:FairValueInputsLevel3Member2024-12-310000714310vly:CommingledFundMember2024-12-310000714310vly:CommingledFundMemberus-gaap:FairValueInputsLevel1Member2024-12-310000714310vly:CommingledFundMemberus-gaap:FairValueInputsLevel2Member2024-12-310000714310vly:CommingledFundMemberus-gaap:FairValueInputsLevel3Member2024-12-310000714310us-gaap:USGovernmentAgenciesDebtSecuritiesMember2024-12-310000714310us-gaap:USGovernmentAgenciesDebtSecuritiesMemberus-gaap:FairValueInputsLevel1Member2024-12-310000714310us-gaap:USGovernmentAgenciesDebtSecuritiesMemberus-gaap:FairValueInputsLevel2Member2024-12-310000714310us-gaap:USGovernmentAgenciesDebtSecuritiesMemberus-gaap:FairValueInputsLevel3Member2024-12-310000714310us-gaap:MoneyMarketFundsMember2024-12-310000714310us-gaap:MoneyMarketFundsMemberus-gaap:FairValueInputsLevel1Member2024-12-310000714310us-gaap:MoneyMarketFundsMemberus-gaap:FairValueInputsLevel2Member2024-12-310000714310us-gaap:MoneyMarketFundsMemberus-gaap:FairValueInputsLevel3Member2024-12-310000714310us-gaap:FairValueInputsLevel1Member2024-12-310000714310us-gaap:FairValueInputsLevel2Member2024-12-310000714310us-gaap:FairValueInputsLevel3Member2024-12-310000714310vly:OritaniFinancialCorp.Memberus-gaap:SupplementalEmployeeRetirementPlanDefinedBenefitMember2025-01-012025-12-310000714310vly:OritaniFinancialCorp.Memberus-gaap:SupplementalEmployeeRetirementPlanDefinedBenefitMember2025-12-310000714310vly:OritaniFinancialCorp.Memberus-gaap:SupplementalEmployeeRetirementPlanDefinedBenefitMember2024-12-310000714310srt:MinimumMember2025-01-012025-12-310000714310srt:MaximumMember2025-01-012025-12-310000714310us-gaap:NonqualifiedPlanMember2025-01-012025-12-310000714310us-gaap:NonqualifiedPlanMember2024-01-012024-12-310000714310us-gaap:NonqualifiedPlanMember2023-01-012023-12-310000714310vly:A2021IncentiveCompensationPlanMemberus-gaap:CommonStockMember2025-12-310000714310vly:A2023IncentiveCompensationPlanMemberus-gaap:CommonStockMember2025-12-310000714310vly:StockOptionsAndRestrictedStockMember2025-01-012025-12-310000714310vly:StockOptionsAndRestrictedStockMember2024-01-012024-12-310000714310vly:StockOptionsAndRestrictedStockMember2023-01-012023-12-310000714310us-gaap:PerformanceSharesMember2025-01-012025-12-310000714310us-gaap:RestrictedStockUnitsRSUMember2025-01-012025-12-310000714310vly:EmployeeStockIncentivePlanMembervly:PerformanceBasedRSUsMember2025-01-012025-12-310000714310vly:EmployeeStockIncentivePlanMembervly:PerformanceBasedRSUsMember2024-01-012024-12-310000714310vly:EmployeeStockIncentivePlanMembervly:PerformanceBasedRSUsMember2023-01-012023-12-310000714310vly:EmployeeStockIncentivePlanMembervly:TimeBasedRSUsMember2025-01-012025-12-310000714310vly:EmployeeStockIncentivePlanMembervly:TimeBasedRSUsMember2024-01-012024-12-310000714310vly:EmployeeStockIncentivePlanMembervly:TimeBasedRSUsMember2023-01-012023-12-310000714310us-gaap:RestrictedStockUnitsRSUMember2024-12-310000714310us-gaap:RestrictedStockUnitsRSUMember2023-12-310000714310us-gaap:RestrictedStockUnitsRSUMember2022-12-310000714310us-gaap:RestrictedStockUnitsRSUMember2024-01-012024-12-310000714310us-gaap:RestrictedStockUnitsRSUMember2023-01-012023-12-310000714310us-gaap:RestrictedStockUnitsRSUMember2025-12-310000714310us-gaap:RestrictedStockMember2025-12-310000714310us-gaap:RestrictedStockMember2024-12-310000714310us-gaap:RestrictedStockMember2022-12-310000714310us-gaap:RestrictedStockMember2023-01-012023-12-310000714310us-gaap:RestrictedStockMember2023-12-310000714310vly:RangeOfExercisePrice2Member2025-01-012025-12-310000714310vly:RangeOfExercisePrice2Member2025-12-310000714310vly:RangeOfExercisePrice3Member2025-01-012025-12-310000714310vly:RangeOfExercisePrice3Member2025-12-310000714310vly:RangeOfExercisePrice4Member2025-01-012025-12-310000714310vly:RangeOfExercisePrice4Member2025-12-310000714310vly:RangeOfExercisePrice5Member2025-01-012025-12-310000714310vly:RangeOfExercisePrice5Member2025-12-310000714310us-gaap:DomesticCountryMember2025-12-310000714310us-gaap:StateAndLocalJurisdictionMember2025-12-310000714310stpr:NY2025-01-012025-12-310000714310stpr:NY2024-01-012024-12-310000714310stpr:NY2023-01-012023-12-310000714310stpr:NJ2025-01-012025-12-310000714310stpr:NJ2024-01-012024-12-310000714310stpr:NJ2023-01-012023-12-310000714310vly:NewYorkCityMember2025-01-012025-12-310000714310vly:NewYorkCityMember2024-01-012024-12-310000714310vly:NewYorkCityMember2023-01-012023-12-310000714310us-gaap:StateAndLocalTaxJurisdictionOtherMember2025-01-012025-12-310000714310us-gaap:StateAndLocalTaxJurisdictionOtherMember2024-01-012024-12-310000714310us-gaap:StateAndLocalTaxJurisdictionOtherMember2023-01-012023-12-310000714310us-gaap:OtherAssetsMember2025-12-310000714310us-gaap:OtherAssetsMember2024-12-310000714310vly:NonInterestExpensesMember2025-01-012025-12-310000714310vly:NonInterestExpensesMember2024-01-012024-12-310000714310vly:NonInterestExpensesMember2023-01-012023-12-310000714310us-gaap:CommercialLoanMemberus-gaap:CommitmentsToExtendCreditMember2025-12-310000714310us-gaap:CommercialLoanMemberus-gaap:CommitmentsToExtendCreditMember2024-12-310000714310us-gaap:HomeEquityMemberus-gaap:UnusedLinesOfCreditMember2025-12-310000714310us-gaap:HomeEquityMemberus-gaap:UnusedLinesOfCreditMember2024-12-310000714310us-gaap:StandbyLettersOfCreditMember2025-12-310000714310us-gaap:StandbyLettersOfCreditMember2024-12-310000714310us-gaap:ResidentialMortgageMemberus-gaap:LoanOriginationCommitmentsMember2025-12-310000714310us-gaap:ResidentialMortgageMemberus-gaap:LoanOriginationCommitmentsMember2024-12-310000714310us-gaap:CreditCardReceivablesMemberus-gaap:UnusedLinesOfCreditMember2025-12-310000714310us-gaap:CreditCardReceivablesMemberus-gaap:UnusedLinesOfCreditMember2024-12-310000714310vly:CommitmentsToSellLoansMember2025-12-310000714310vly:CommitmentsToSellLoansMember2024-12-310000714310vly:CommercialLettersOfCreditMember2025-12-310000714310vly:CommercialLettersOfCreditMember2024-12-310000714310us-gaap:InterestRateSwapMemberus-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:CashFlowHedgingMember2023-12-310000714310us-gaap:InterestRateSwapMemberus-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:CashFlowHedgingMember2023-01-012023-12-310000714310us-gaap:InterestRateSwapMemberus-gaap:DesignatedAsHedgingInstrumentMember2024-12-310000714310us-gaap:InterestRateSwapMemberus-gaap:DesignatedAsHedgingInstrumentMembersrt:MinimumMember2025-01-310000714310us-gaap:InterestRateSwapMemberus-gaap:DesignatedAsHedgingInstrumentMembersrt:MaximumMember2025-01-310000714310us-gaap:InterestRateSwapMember2021-12-3100007143102021-01-012021-12-310000714310us-gaap:InterestRateSwapMember2022-01-012022-12-310000714310us-gaap:InterestRateSwapMemberus-gaap:NondesignatedMember2025-12-310000714310us-gaap:InterestRateSwapMemberus-gaap:NondesignatedMembervly:RiskParticipationAgreementMember2025-12-310000714310us-gaap:InterestRateSwapMemberus-gaap:NondesignatedMemberus-gaap:FairValueHedgingMember2025-12-310000714310us-gaap:CreditDefaultSwapMemberus-gaap:NondesignatedMember2024-12-310000714310us-gaap:CreditDefaultSwapMemberus-gaap:NondesignatedMember2025-12-310000714310us-gaap:CreditDefaultSwapMemberus-gaap:NondesignatedMember2025-01-012025-12-310000714310us-gaap:CreditDefaultSwapMemberus-gaap:NondesignatedMember2024-01-012024-12-310000714310us-gaap:InterestRateSwapMemberus-gaap:OtherAssetsMemberus-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:FairValueHedgingMember2025-12-310000714310us-gaap:InterestRateSwapMemberus-gaap:OtherLiabilitiesMemberus-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:FairValueHedgingMember2025-12-310000714310us-gaap:InterestRateSwapMemberus-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:FairValueHedgingMember2025-12-310000714310us-gaap:InterestRateSwapMemberus-gaap:OtherAssetsMemberus-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:FairValueHedgingMember2024-12-310000714310us-gaap:InterestRateSwapMemberus-gaap:OtherLiabilitiesMemberus-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:FairValueHedgingMember2024-12-310000714310us-gaap:InterestRateSwapMemberus-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:FairValueHedgingMember2024-12-310000714310us-gaap:OtherAssetsMemberus-gaap:DesignatedAsHedgingInstrumentMember2025-12-310000714310us-gaap:OtherLiabilitiesMemberus-gaap:DesignatedAsHedgingInstrumentMember2025-12-310000714310us-gaap:DesignatedAsHedgingInstrumentMember2025-12-310000714310us-gaap:OtherAssetsMemberus-gaap:DesignatedAsHedgingInstrumentMember2024-12-310000714310us-gaap:OtherLiabilitiesMemberus-gaap:DesignatedAsHedgingInstrumentMember2024-12-310000714310us-gaap:DesignatedAsHedgingInstrumentMember2024-12-310000714310us-gaap:InterestRateSwapMemberus-gaap:OtherAssetsMemberus-gaap:NondesignatedMember2025-12-310000714310us-gaap:InterestRateSwapMemberus-gaap:OtherLiabilitiesMemberus-gaap:NondesignatedMember2025-12-310000714310us-gaap:InterestRateSwapMemberus-gaap:OtherAssetsMemberus-gaap:NondesignatedMember2024-12-310000714310us-gaap:InterestRateSwapMemberus-gaap:OtherLiabilitiesMemberus-gaap:NondesignatedMember2024-12-310000714310us-gaap:InterestRateSwapMemberus-gaap:NondesignatedMember2024-12-310000714310vly:ForeignCurrencyDerivativesMemberus-gaap:OtherAssetsMemberus-gaap:NondesignatedMember2025-12-310000714310vly:ForeignCurrencyDerivativesMemberus-gaap:OtherLiabilitiesMemberus-gaap:NondesignatedMember2025-12-310000714310vly:ForeignCurrencyDerivativesMemberus-gaap:NondesignatedMember2025-12-310000714310vly:ForeignCurrencyDerivativesMemberus-gaap:OtherAssetsMemberus-gaap:NondesignatedMember2024-12-310000714310vly:ForeignCurrencyDerivativesMemberus-gaap:OtherLiabilitiesMemberus-gaap:NondesignatedMember2024-12-310000714310vly:ForeignCurrencyDerivativesMemberus-gaap:NondesignatedMember2024-12-310000714310vly:MortgageBankingDerivativesMemberus-gaap:OtherAssetsMemberus-gaap:NondesignatedMember2025-12-310000714310vly:MortgageBankingDerivativesMemberus-gaap:OtherLiabilitiesMemberus-gaap:NondesignatedMember2025-12-310000714310vly:MortgageBankingDerivativesMemberus-gaap:NondesignatedMember2025-12-310000714310vly:MortgageBankingDerivativesMemberus-gaap:OtherAssetsMemberus-gaap:NondesignatedMember2024-12-310000714310vly:MortgageBankingDerivativesMemberus-gaap:OtherLiabilitiesMemberus-gaap:NondesignatedMember2024-12-310000714310vly:MortgageBankingDerivativesMemberus-gaap:NondesignatedMember2024-12-310000714310us-gaap:CreditDefaultSwapMemberus-gaap:OtherAssetsMemberus-gaap:NondesignatedMember2025-12-310000714310us-gaap:CreditDefaultSwapMemberus-gaap:OtherLiabilitiesMemberus-gaap:NondesignatedMember2025-12-310000714310us-gaap:CreditDefaultSwapMemberus-gaap:OtherAssetsMemberus-gaap:NondesignatedMember2024-12-310000714310us-gaap:CreditDefaultSwapMemberus-gaap:OtherLiabilitiesMemberus-gaap:NondesignatedMember2024-12-310000714310us-gaap:OtherAssetsMemberus-gaap:NondesignatedMember2025-12-310000714310us-gaap:OtherLiabilitiesMemberus-gaap:NondesignatedMember2025-12-310000714310us-gaap:NondesignatedMember2025-12-310000714310us-gaap:OtherAssetsMemberus-gaap:NondesignatedMember2024-12-310000714310us-gaap:OtherLiabilitiesMemberus-gaap:NondesignatedMember2024-12-310000714310us-gaap:NondesignatedMember2024-12-310000714310us-gaap:OtherLiabilitiesMember2025-12-310000714310us-gaap:OtherLiabilitiesMember2024-12-310000714310us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember2025-01-012025-12-310000714310us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember2024-01-012024-12-310000714310us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember2023-01-012023-12-310000714310us-gaap:InterestRateSwapMember2025-12-310000714310us-gaap:InterestRateSwapMember2024-12-310000714310us-gaap:InterestRateSwapMemberus-gaap:FairValueHedgingMemberus-gaap:InterestIncomeMember2025-01-012025-12-310000714310us-gaap:InterestRateSwapMemberus-gaap:FairValueHedgingMemberus-gaap:InterestIncomeMember2024-01-012024-12-310000714310us-gaap:InterestRateSwapMemberus-gaap:FairValueHedgingMemberus-gaap:InterestIncomeMember2023-01-012023-12-310000714310us-gaap:InterestRateSwapMemberus-gaap:FairValueHedgingMemberus-gaap:InterestExpenseMember2025-01-012025-12-310000714310us-gaap:InterestRateSwapMemberus-gaap:FairValueHedgingMemberus-gaap:InterestExpenseMember2024-01-012024-12-310000714310us-gaap:InterestRateSwapMemberus-gaap:FairValueHedgingMemberus-gaap:InterestExpenseMember2023-01-012023-12-310000714310us-gaap:InterestRateContractMemberus-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:FairValueHedgingMemberus-gaap:InterestIncomeMember2025-01-012025-12-310000714310us-gaap:InterestRateContractMemberus-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:FairValueHedgingMemberus-gaap:InterestIncomeMember2024-01-012024-12-310000714310us-gaap:InterestRateContractMemberus-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:FairValueHedgingMemberus-gaap:InterestIncomeMember2023-01-012023-12-310000714310us-gaap:InterestRateContractMemberus-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:FairValueHedgingMemberus-gaap:InterestExpenseMember2025-01-012025-12-310000714310us-gaap:InterestRateContractMemberus-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:FairValueHedgingMemberus-gaap:InterestExpenseMember2024-01-012024-12-310000714310us-gaap:InterestRateContractMemberus-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:FairValueHedgingMemberus-gaap:InterestExpenseMember2023-01-012023-12-310000714310us-gaap:InterestRateSwapMemberus-gaap:FairValueHedgingMembervly:NoninterestIncomeMember2025-01-012025-12-310000714310us-gaap:InterestRateSwapMemberus-gaap:FairValueHedgingMembervly:NoninterestIncomeMember2024-01-012024-12-310000714310us-gaap:InterestRateSwapMemberus-gaap:FairValueHedgingMembervly:NoninterestIncomeMember2023-01-012023-12-310000714310us-gaap:InterestRateContractMember2025-12-310000714310us-gaap:InterestRateContractMember2024-12-310000714310vly:ValleyNationalBankMember2025-12-310000714310vly:ValleyNationalBankMember2024-12-3100007143102024-02-290000714310vly:A2007CommonStockRepurchaseProgramMember2023-01-012023-12-310000714310vly:StockRepurchasesRelatedToEmployeeStockPlansMember2025-01-012025-12-310000714310vly:StockRepurchasesRelatedToEmployeeStockPlansMember2024-01-012024-12-310000714310vly:StockRepurchasesRelatedToEmployeeStockPlansMember2023-01-012023-12-310000714310vly:PublicStockOfferingMember2024-11-122024-11-120000714310us-gaap:OverAllotmentOptionMember2024-11-122024-11-120000714310vly:PublicStockOfferingMember2024-11-120000714310us-gaap:SeriesAPreferredStockMember2015-06-192015-06-190000714310us-gaap:SeriesAPreferredStockMember2015-06-190000714310us-gaap:SeriesAPreferredStockMember2025-06-300000714310us-gaap:SeriesBPreferredStockMember2017-08-032017-08-030000714310us-gaap:SeriesBPreferredStockMember2017-08-030000714310us-gaap:SeriesBPreferredStockMember2022-09-300000714310us-gaap:SeriesCPreferredStockMember2024-08-050000714310us-gaap:SeriesCPreferredStockMember2017-08-032017-08-030000714310us-gaap:SeriesCPreferredStockMember2024-08-052024-08-050000714310us-gaap:AccumulatedNetUnrealizedInvestmentGainLossMember2025-01-012025-12-310000714310us-gaap:AccumulatedNetUnrealizedInvestmentGainLossMember2024-01-012024-12-310000714310us-gaap:AccumulatedNetUnrealizedInvestmentGainLossMember2023-01-012023-12-310000714310us-gaap:AccumulatedGainLossNetCashFlowHedgeParentMember2025-01-012025-12-310000714310us-gaap:AccumulatedGainLossNetCashFlowHedgeParentMember2024-01-012024-12-310000714310us-gaap:AccumulatedGainLossNetCashFlowHedgeParentMember2023-01-012023-12-310000714310us-gaap:AccumulatedDefinedBenefitPlansAdjustmentNetUnamortizedGainLossMember2025-01-012025-12-310000714310us-gaap:AccumulatedDefinedBenefitPlansAdjustmentNetUnamortizedGainLossMember2024-01-012024-12-310000714310us-gaap:AccumulatedDefinedBenefitPlansAdjustmentNetUnamortizedGainLossMember2023-01-012023-12-310000714310us-gaap:AccumulatedDefinedBenefitPlansAdjustmentNetPriorServiceCostCreditMember2025-01-012025-12-310000714310us-gaap:AccumulatedDefinedBenefitPlansAdjustmentNetPriorServiceCostCreditMember2024-01-012024-12-310000714310us-gaap:AccumulatedDefinedBenefitPlansAdjustmentNetPriorServiceCostCreditMember2023-01-012023-12-310000714310us-gaap:AccumulatedDefinedBenefitPlansAdjustmentNetTransitionAssetObligationMember2025-01-012025-12-310000714310us-gaap:AccumulatedDefinedBenefitPlansAdjustmentNetTransitionAssetObligationMember2024-01-012024-12-310000714310us-gaap:AccumulatedDefinedBenefitPlansAdjustmentNetTransitionAssetObligationMember2023-01-012023-12-310000714310us-gaap:AccumulatedDefinedBenefitPlansAdjustmentMember2025-01-012025-12-310000714310us-gaap:AccumulatedDefinedBenefitPlansAdjustmentMember2024-01-012024-12-310000714310us-gaap:AccumulatedDefinedBenefitPlansAdjustmentMember2023-01-012023-12-310000714310us-gaap:AccumulatedNetUnrealizedInvestmentGainLossMember2022-12-310000714310us-gaap:AccumulatedGainLossNetCashFlowHedgeParentMember2022-12-310000714310us-gaap:AccumulatedDefinedBenefitPlansAdjustmentMember2022-12-310000714310us-gaap:AccumulatedNetUnrealizedInvestmentGainLossMember2023-12-310000714310us-gaap:AccumulatedGainLossNetCashFlowHedgeParentMember2023-12-310000714310us-gaap:AccumulatedDefinedBenefitPlansAdjustmentMember2023-12-310000714310us-gaap:AccumulatedNetUnrealizedInvestmentGainLossMember2024-12-310000714310us-gaap:AccumulatedGainLossNetCashFlowHedgeParentMember2024-12-310000714310us-gaap:AccumulatedDefinedBenefitPlansAdjustmentMember2024-12-310000714310us-gaap:AccumulatedNetUnrealizedInvestmentGainLossMember2025-12-310000714310us-gaap:AccumulatedGainLossNetCashFlowHedgeParentMember2025-12-310000714310us-gaap:AccumulatedDefinedBenefitPlansAdjustmentMember2025-12-310000714310srt:ParentCompanyMember2025-12-310000714310srt:ParentCompanyMember2024-12-310000714310srt:ParentCompanyMember2025-01-012025-12-310000714310srt:ParentCompanyMember2024-01-012024-12-310000714310srt:ParentCompanyMember2023-01-012023-12-310000714310srt:ParentCompanyMember2023-12-310000714310srt:ParentCompanyMember2022-12-310000714310us-gaap:OperatingSegmentsMembervly:ConsumerBankingSegmentMember2025-01-012025-12-310000714310us-gaap:OperatingSegmentsMembervly:CommercialBankingSegmentMember2025-01-012025-12-310000714310us-gaap:CorporateNonSegmentMember2025-01-012025-12-310000714310us-gaap:OperatingSegmentsMembervly:ConsumerBankingSegmentMember2024-01-012024-12-310000714310us-gaap:OperatingSegmentsMembervly:CommercialBankingSegmentMember2024-01-012024-12-310000714310us-gaap:CorporateNonSegmentMember2024-01-012024-12-310000714310us-gaap:OperatingSegmentsMembervly:ConsumerBankingSegmentMember2023-01-012023-12-310000714310us-gaap:OperatingSegmentsMembervly:CommercialBankingSegmentMember2023-01-012023-12-310000714310us-gaap:CorporateNonSegmentMember2023-01-012023-12-3100007143102025-10-012025-12-31