Valley National Bancorp (VLY) Q3 FY26 earnings call

Valley National Bancorp delivered strong third-quarter results, showcasing improved profitability and balance sheet strength driven by strategic derisking efforts. The company is focused on optimizing its funding base through core deposit growth and pending acquisitions of Providence and Bluevine, which are expected to enhance its small business banking strategy and further expand margins. Management anticipates continued efficiency gains through technology and AI deployment, positioning the bank for sustained operating leverage and high-teens returns on tangible common equity in the coming ye