2022 Q4 Form 10-Q Financial Statement

#000071431022000134 Filed on November 08, 2022

View on sec.gov

Income Statement

Concept 2022 Q4 2022 Q3
Revenue $536.7M
YoY Change 63.24%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $31.06M $30.45M
YoY Change 62.64% 65.48%
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change
Interest Expense $82.74M
YoY Change 197.88%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income $245.1M $246.5M
YoY Change 55.84% 49.4%
Income Tax $67.55M $68.41M
% Of Pretax Income 27.55% 27.75%
Net Earnings $174.0M $178.1M
YoY Change 51.27% 45.31%
Net Earnings / Revenue 33.19%
Basic Earnings Per Share $0.35
Diluted Earnings Per Share $341.6K $350.2K
COMMON SHARES
Basic Shares Outstanding 506.4M shares 506.3M shares
Diluted Shares Outstanding 508.7M shares

Balance Sheet

Concept 2022 Q4 2022 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $947.9M $1.118B
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment $664.9M $676.7M
YoY Change 103.77% 111.63%
Goodwill $1.869B $1.872B
YoY Change 28.1% 33.68%
Intangibles $197.5M $208.2M
YoY Change 180.53% 233.03%
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets $57.46B $55.93B
YoY Change 32.26% 35.49%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses $1.686B $1.828B
YoY Change 183.92% 228.74%
Deferred Revenue
YoY Change
Short-Term Debt $138.7M $919.3M
YoY Change -78.84% 17.35%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $1.686B $1.828B
YoY Change 183.92% 228.74%
LONG-TERM LIABILITIES
Long-Term Debt $1.600B $1.598B
YoY Change 131.52% 129.89%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $1.600B $1.598B
YoY Change 131.52% 129.89%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.686B $1.828B
Total Long-Term Liabilities $1.600B $1.598B
Total Liabilities $51.06B $49.65B
YoY Change 33.1% 36.2%
SHAREHOLDERS EQUITY
Retained Earnings $1.218B $1.101B
YoY Change 37.89% 34.45%
Common Stock $5.158B $5.151B
YoY Change 27.95% 35.0%
Preferred Stock
YoY Change
Treasury Stock (at cost) $21.75M $22.06M
YoY Change -4.84% 53704.88%
Treasury Stock Shares 1.522M shares 1.545M shares
Shareholders Equity $6.401B $6.274B
YoY Change
Total Liabilities & Shareholders Equity $57.46B $55.93B
YoY Change 32.26% 35.49%

Cashflow Statement

Concept 2022 Q4 2022 Q3
OPERATING ACTIVITIES
Net Income $174.0M $178.1M
YoY Change 51.27% 45.31%
Depreciation, Depletion And Amortization $31.06M $30.45M
YoY Change 62.64% 65.48%
Cash From Operating Activities $197.9M $425.1M
YoY Change -22.12% 230.28%
INVESTING ACTIVITIES
Capital Expenditures $18.42M -$15.35M
YoY Change -194.0% 101.93%
Acquisitions
YoY Change
Other Investing Activities -$1.836B -$1.592B
YoY Change 474.41% 374.31%
Cash From Investing Activities -$1.854B -$1.608B
YoY Change 446.65% 368.28%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 1.486B 912.6M
YoY Change 134.04% -801.43%
NET CHANGE
Cash From Operating Activities 197.9M 425.1M
Cash From Investing Activities -1.854B -1.608B
Cash From Financing Activities 1.486B 912.6M
Net Change In Cash -170.4M -270.0M
YoY Change -130.99% -21.68%
FREE CASH FLOW
Cash From Operating Activities $197.9M $425.1M
Capital Expenditures $18.42M -$15.35M
Free Cash Flow $179.5M $440.4M
YoY Change -34.43% 223.12%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
dei Amendment Flag
AmendmentFlag
false
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2022
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q3
dei Entity Central Index Key
EntityCentralIndexKey
0000714310
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
vly Financing Receivable Modifications Period Of Performance To Be Put On Accrual Status
FinancingReceivableModificationsPeriodOfPerformanceToBePutOnAccrualStatus
P6M
dei Document Type
DocumentType
10-Q
dei Document Quarterly Report
DocumentQuarterlyReport
true
dei Document Period End Date
DocumentPeriodEndDate
2022-09-30
dei Document Transition Report
DocumentTransitionReport
false
dei Entity File Number
EntityFileNumber
1-11277
dei Entity Registrant Name
EntityRegistrantName
Valley National Bancorp
dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
NJ
dei Entity Tax Identification Number
EntityTaxIdentificationNumber
22-2477875
dei Entity Address Address Line1
EntityAddressAddressLine1
One Penn Plaza
dei Entity Address City Or Town
EntityAddressCityOrTown
New York,
dei Entity Address State Or Province
EntityAddressStateOrProvince
NY
dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
10119
dei City Area Code
CityAreaCode
973
dei Local Phone Number
LocalPhoneNumber
305-8800
dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
dei Entity Small Business
EntitySmallBusiness
false
dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
dei Entity Shell Company
EntityShellCompany
false
CY2022Q4 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
506356727 shares
CY2022Q3 us-gaap Cash And Due From Banks
CashAndDueFromBanks
431471000 usd
CY2021Q4 us-gaap Cash And Due From Banks
CashAndDueFromBanks
205156000 usd
CY2022Q3 us-gaap Interest Bearing Deposits In Banks
InterestBearingDepositsInBanks
686877000 usd
CY2021Q4 us-gaap Interest Bearing Deposits In Banks
InterestBearingDepositsInBanks
1844764000 usd
CY2022Q3 us-gaap Equity Securities Fv Ni
EquitySecuritiesFvNi
43318000 usd
CY2021Q4 us-gaap Equity Securities Fv Ni
EquitySecuritiesFvNi
36473000 usd
CY2022Q3 us-gaap Trading Securities Debt
TradingSecuritiesDebt
4100000 usd
CY2021Q4 us-gaap Trading Securities Debt
TradingSecuritiesDebt
38130000 usd
CY2022Q3 us-gaap Debt Securities Available For Sale Excluding Accrued Interest
DebtSecuritiesAvailableForSaleExcludingAccruedInterest
1271854000 usd
CY2021Q4 us-gaap Debt Securities Available For Sale Excluding Accrued Interest
DebtSecuritiesAvailableForSaleExcludingAccruedInterest
1128809000 usd
CY2022Q3 us-gaap Debt Securities Held To Maturity Allowance For Credit Loss Excluding Accrued Interest
DebtSecuritiesHeldToMaturityAllowanceForCreditLossExcludingAccruedInterest
1696000 usd
CY2021Q4 us-gaap Debt Securities Held To Maturity Allowance For Credit Loss Excluding Accrued Interest
DebtSecuritiesHeldToMaturityAllowanceForCreditLossExcludingAccruedInterest
1165000 usd
CY2022Q3 us-gaap Debt Securities Held To Maturity Excluding Accrued Interest After Allowance For Credit Loss
DebtSecuritiesHeldToMaturityExcludingAccruedInterestAfterAllowanceForCreditLoss
3720324000 usd
CY2021Q4 us-gaap Debt Securities Held To Maturity Excluding Accrued Interest After Allowance For Credit Loss
DebtSecuritiesHeldToMaturityExcludingAccruedInterestAfterAllowanceForCreditLoss
2667532000 usd
CY2022Q3 us-gaap Investments
Investments
5039596000 usd
CY2021Q4 us-gaap Investments
Investments
3870944000 usd
CY2022Q3 us-gaap Loans Receivable Held For Sale Amount
LoansReceivableHeldForSaleAmount
6073000 usd
CY2021Q4 us-gaap Loans Receivable Held For Sale Amount
LoansReceivableHeldForSaleAmount
139516000 usd
CY2022Q3 us-gaap Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLoss
45185764000 usd
CY2021Q4 us-gaap Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLoss
34153657000 usd
CY2022Q3 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
475744000 usd
CY2021Q4 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
359202000 usd
CY2022Q3 us-gaap Financing Receivable Excluding Accrued Interest After Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLoss
44710020000 usd
CY2021Q4 us-gaap Financing Receivable Excluding Accrued Interest After Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLoss
33794455000 usd
CY2022Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
362203000 usd
CY2021Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
326306000 usd
CY2022Q3 vly Operating And Finance Lease Rightof Use Asset
OperatingAndFinanceLeaseRightofUseAsset
314511000 usd
CY2021Q4 vly Operating And Finance Lease Rightof Use Asset
OperatingAndFinanceLeaseRightofUseAsset
259117000 usd
CY2022Q3 us-gaap Bank Owned Life Insurance
BankOwnedLifeInsurance
714649000 usd
CY2021Q4 us-gaap Bank Owned Life Insurance
BankOwnedLifeInsurance
566770000 usd
CY2022Q3 us-gaap Accrued Investment Income Receivable
AccruedInvestmentIncomeReceivable
159406000 usd
CY2021Q4 us-gaap Accrued Investment Income Receivable
AccruedInvestmentIncomeReceivable
96882000 usd
CY2022Q3 us-gaap Goodwill
Goodwill
1871505000 usd
CY2021Q4 us-gaap Goodwill
Goodwill
1459008000 usd
CY2022Q3 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
208226000 usd
CY2021Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
70386000 usd
CY2022Q3 us-gaap Other Assets
OtherAssets
1422964000 usd
CY2021Q4 us-gaap Other Assets
OtherAssets
813139000 usd
CY2022Q3 us-gaap Assets
Assets
55927501000 usd
CY2021Q4 us-gaap Assets
Assets
43446443000 usd
CY2022Q3 us-gaap Noninterest Bearing Deposit Liabilities
NoninterestBearingDepositLiabilities
15420625000 usd
CY2021Q4 us-gaap Noninterest Bearing Deposit Liabilities
NoninterestBearingDepositLiabilities
11675748000 usd
CY2022Q3 vly Savings Now And Money Market
SavingsNowAndMoneyMarket
23559662000 usd
CY2021Q4 vly Savings Now And Money Market
SavingsNowAndMoneyMarket
20269620000 usd
CY2022Q3 us-gaap Time Deposits
TimeDeposits
6328556000 usd
CY2021Q4 us-gaap Time Deposits
TimeDeposits
3687044000 usd
CY2022Q3 us-gaap Deposits
Deposits
45308843000 usd
CY2021Q4 us-gaap Deposits
Deposits
35632412000 usd
CY2022Q3 us-gaap Short Term Borrowings
ShortTermBorrowings
919283000 usd
CY2021Q4 us-gaap Short Term Borrowings
ShortTermBorrowings
655726000 usd
CY2022Q3 vly Long Term Debt Excluding Junior Subordinated Debenture Owed To Unconsolidated Subsidiary Trust
LongTermDebtExcludingJuniorSubordinatedDebentureOwedToUnconsolidatedSubsidiaryTrust
1541097000 usd
CY2021Q4 vly Long Term Debt Excluding Junior Subordinated Debenture Owed To Unconsolidated Subsidiary Trust
LongTermDebtExcludingJuniorSubordinatedDebentureOwedToUnconsolidatedSubsidiaryTrust
1423676000 usd
CY2022Q3 us-gaap Junior Subordinated Debenture Owed To Unconsolidated Subsidiary Trust
JuniorSubordinatedDebentureOwedToUnconsolidatedSubsidiaryTrust
56673000 usd
CY2021Q4 us-gaap Junior Subordinated Debenture Owed To Unconsolidated Subsidiary Trust
JuniorSubordinatedDebentureOwedToUnconsolidatedSubsidiaryTrust
56413000 usd
CY2022Q3 vly Operating And Finance Lease Liability
OperatingAndFinanceLeaseLiability
367428000 usd
CY2021Q4 vly Operating And Finance Lease Liability
OperatingAndFinanceLeaseLiability
283106000 usd
CY2022Q3 us-gaap Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
1460348000 usd
CY2021Q4 us-gaap Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
311044000 usd
CY2022Q3 us-gaap Liabilities
Liabilities
49653672000 usd
CY2021Q4 us-gaap Liabilities
Liabilities
38362377000 usd
CY2021Q4 us-gaap Preferred Stock No Par Value
PreferredStockNoParValue
0
CY2022Q3 us-gaap Preferred Stock No Par Value
PreferredStockNoParValue
0
CY2022Q3 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
50000000 shares
CY2021Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
50000000 shares
CY2022Q3 us-gaap Common Stock No Par Value
CommonStockNoParValue
0
CY2021Q4 us-gaap Common Stock No Par Value
CommonStockNoParValue
0
CY2022Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
650000000 shares
CY2021Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
650000000 shares
CY2022Q3 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
507896910 shares
CY2021Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
423034027 shares
CY2022Q3 us-gaap Common Stock Value
CommonStockValue
178185000 usd
CY2021Q4 us-gaap Common Stock Value
CommonStockValue
148482000 usd
CY2022Q3 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
4972732000 usd
CY2021Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
3883035000 usd
CY2022Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
1100838000 usd
CY2021Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
883645000 usd
CY2022Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-165557000 usd
CY2021Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-17932000 usd
CY2022Q3 us-gaap Treasury Stock Shares
TreasuryStockShares
1545408 shares
CY2021Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
1596959 shares
CY2022Q3 us-gaap Treasury Stock Value
TreasuryStockValue
22060000 usd
CY2021Q4 us-gaap Treasury Stock Value
TreasuryStockValue
22855000 usd
CY2022Q3 us-gaap Stockholders Equity
StockholdersEquity
6273829000 usd
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
5084066000 usd
CY2022Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
55927501000 usd
CY2021Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
43446443000 usd
CY2022Q3 us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
496520000 usd
CY2021Q3 us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
309753000 usd
us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
1229462000 usd
us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
938248000 usd
CY2022Q3 us-gaap Interest Income Securities Taxable
InterestIncomeSecuritiesTaxable
28264000 usd
CY2021Q3 us-gaap Interest Income Securities Taxable
InterestIncomeSecuritiesTaxable
14292000 usd
us-gaap Interest Income Securities Taxable
InterestIncomeSecuritiesTaxable
74416000 usd
us-gaap Interest Income Securities Taxable
InterestIncomeSecuritiesTaxable
40174000 usd
CY2022Q3 us-gaap Interest Income Securities Tax Exempt
InterestIncomeSecuritiesTaxExempt
5210000 usd
CY2021Q3 us-gaap Interest Income Securities Tax Exempt
InterestIncomeSecuritiesTaxExempt
2609000 usd
us-gaap Interest Income Securities Tax Exempt
InterestIncomeSecuritiesTaxExempt
12739000 usd
us-gaap Interest Income Securities Tax Exempt
InterestIncomeSecuritiesTaxExempt
9181000 usd
CY2022Q3 us-gaap Dividend Income Operating
DividendIncomeOperating
2738000 usd
CY2021Q3 us-gaap Dividend Income Operating
DividendIncomeOperating
1505000 usd
us-gaap Dividend Income Operating
DividendIncomeOperating
7490000 usd
us-gaap Dividend Income Operating
DividendIncomeOperating
5543000 usd
CY2022Q3 vly Interest On Federal Funds Sold And Other Short Term Investments
InterestOnFederalFundsSoldAndOtherShortTermInvestments
3996000 usd
CY2021Q3 vly Interest On Federal Funds Sold And Other Short Term Investments
InterestOnFederalFundsSoldAndOtherShortTermInvestments
642000 usd
vly Interest On Federal Funds Sold And Other Short Term Investments
InterestOnFederalFundsSoldAndOtherShortTermInvestments
6026000 usd
vly Interest On Federal Funds Sold And Other Short Term Investments
InterestOnFederalFundsSoldAndOtherShortTermInvestments
1101000 usd
CY2022Q3 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
536728000 usd
CY2021Q3 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
328801000 usd
us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
1330133000 usd
us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
994247000 usd
CY2022Q3 us-gaap Interest Expense Now Accounts Money Market Accounts And Savings Deposits
InterestExpenseNOWAccountsMoneyMarketAccountsAndSavingsDeposits
50674000 usd
CY2021Q3 us-gaap Interest Expense Now Accounts Money Market Accounts And Savings Deposits
InterestExpenseNOWAccountsMoneyMarketAccountsAndSavingsDeposits
10605000 usd
us-gaap Interest Expense Now Accounts Money Market Accounts And Savings Deposits
InterestExpenseNOWAccountsMoneyMarketAccountsAndSavingsDeposits
77423000 usd
us-gaap Interest Expense Now Accounts Money Market Accounts And Savings Deposits
InterestExpenseNOWAccountsMoneyMarketAccountsAndSavingsDeposits
32896000 usd
CY2022Q3 us-gaap Interest Expense Time Deposits
InterestExpenseTimeDeposits
15174000 usd
CY2021Q3 us-gaap Interest Expense Time Deposits
InterestExpenseTimeDeposits
4394000 usd
us-gaap Interest Expense Time Deposits
InterestExpenseTimeDeposits
21274000 usd
us-gaap Interest Expense Time Deposits
InterestExpenseTimeDeposits
21766000 usd
CY2022Q3 us-gaap Interest Expense Short Term Borrowings
InterestExpenseShortTermBorrowings
5160000 usd
CY2021Q3 us-gaap Interest Expense Short Term Borrowings
InterestExpenseShortTermBorrowings
1464000 usd
us-gaap Interest Expense Short Term Borrowings
InterestExpenseShortTermBorrowings
10049000 usd
us-gaap Interest Expense Short Term Borrowings
InterestExpenseShortTermBorrowings
4390000 usd
CY2022Q3 us-gaap Interest Expense Long Term Debt
InterestExpenseLongTermDebt
11728000 usd
CY2021Q3 us-gaap Interest Expense Long Term Debt
InterestExpenseLongTermDebt
11312000 usd
us-gaap Interest Expense Long Term Debt
InterestExpenseLongTermDebt
31566000 usd
us-gaap Interest Expense Long Term Debt
InterestExpenseLongTermDebt
40595000 usd
CY2022Q3 us-gaap Interest Expense
InterestExpense
82736000 usd
CY2021Q3 us-gaap Interest Expense
InterestExpense
27775000 usd
us-gaap Interest Expense
InterestExpense
140312000 usd
us-gaap Interest Expense
InterestExpense
99647000 usd
CY2022Q3 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
453992000 usd
CY2021Q3 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
301026000 usd
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
1189821000 usd
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
894600000 usd
CY2022Q3 us-gaap Debt Securities Held To Maturity Excluding Accrued Interest Credit Loss Expense Reversal
DebtSecuritiesHeldToMaturityExcludingAccruedInterestCreditLossExpenseReversal
188000 usd
CY2021Q3 us-gaap Debt Securities Held To Maturity Excluding Accrued Interest Credit Loss Expense Reversal
DebtSecuritiesHeldToMaturityExcludingAccruedInterestCreditLossExpenseReversal
35000 usd
us-gaap Debt Securities Held To Maturity Excluding Accrued Interest Credit Loss Expense Reversal
DebtSecuritiesHeldToMaturityExcludingAccruedInterestCreditLossExpenseReversal
531000 usd
us-gaap Debt Securities Held To Maturity Excluding Accrued Interest Credit Loss Expense Reversal
DebtSecuritiesHeldToMaturityExcludingAccruedInterestCreditLossExpenseReversal
-353000 usd
CY2022Q3 vly Allowance For Credit Loss Expense Reversal
AllowanceForCreditLossExpenseReversal
1835000 usd
CY2021Q3 vly Allowance For Credit Loss Expense Reversal
AllowanceForCreditLossExpenseReversal
3496000 usd
vly Allowance For Credit Loss Expense Reversal
AllowanceForCreditLossExpenseReversal
49047000 usd
vly Allowance For Credit Loss Expense Reversal
AllowanceForCreditLossExpenseReversal
21287000 usd
CY2022Q3 us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
451969000 usd
CY2021Q3 us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
297495000 usd
us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
1140243000 usd
us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
873666000 usd
CY2022Q3 us-gaap Insurance Commissions And Fees
InsuranceCommissionsAndFees
3750000 usd
CY2021Q3 us-gaap Insurance Commissions And Fees
InsuranceCommissionsAndFees
1610000 usd
us-gaap Insurance Commissions And Fees
InsuranceCommissionsAndFees
9072000 usd
us-gaap Insurance Commissions And Fees
InsuranceCommissionsAndFees
5805000 usd
CY2022Q3 us-gaap Debt And Equity Securities Gain Loss
DebtAndEquitySecuritiesGainLoss
323000 usd
CY2021Q3 us-gaap Debt And Equity Securities Gain Loss
DebtAndEquitySecuritiesGainLoss
787000 usd
us-gaap Debt And Equity Securities Gain Loss
DebtAndEquitySecuritiesGainLoss
-1058000 usd
us-gaap Debt And Equity Securities Gain Loss
DebtAndEquitySecuritiesGainLoss
1263000 usd
CY2022Q3 vly Servicing Fees Net1
ServicingFeesNet1
3138000 usd
CY2021Q3 vly Servicing Fees Net1
ServicingFeesNet1
2894000 usd
vly Servicing Fees Net1
ServicingFeesNet1
8636000 usd
vly Servicing Fees Net1
ServicingFeesNet1
8980000 usd
CY2022Q3 us-gaap Gain Loss On Sales Of Loans Net
GainLossOnSalesOfLoansNet
922000 usd
CY2021Q3 us-gaap Gain Loss On Sales Of Loans Net
GainLossOnSalesOfLoansNet
6442000 usd
us-gaap Gain Loss On Sales Of Loans Net
GainLossOnSalesOfLoansNet
5510000 usd
us-gaap Gain Loss On Sales Of Loans Net
GainLossOnSalesOfLoansNet
20016000 usd
CY2022Q3 us-gaap Bank Owned Life Insurance Income
BankOwnedLifeInsuranceIncome
1681000 usd
CY2021Q3 us-gaap Bank Owned Life Insurance Income
BankOwnedLifeInsuranceIncome
2018000 usd
us-gaap Bank Owned Life Insurance Income
BankOwnedLifeInsuranceIncome
5840000 usd
us-gaap Bank Owned Life Insurance Income
BankOwnedLifeInsuranceIncome
6824000 usd
CY2022Q3 us-gaap Noninterest Income Other
NoninterestIncomeOther
26761000 usd
CY2021Q3 us-gaap Noninterest Income Other
NoninterestIncomeOther
19702000 usd
us-gaap Noninterest Income Other
NoninterestIncomeOther
75391000 usd
us-gaap Noninterest Income Other
NoninterestIncomeOther
47877000 usd
CY2022Q3 us-gaap Noninterest Income
NoninterestIncome
56194000 usd
CY2021Q3 us-gaap Noninterest Income
NoninterestIncome
42431000 usd
us-gaap Noninterest Income
NoninterestIncome
153997000 usd
us-gaap Noninterest Income
NoninterestIncome
116790000 usd
CY2022Q3 us-gaap Labor And Related Expense
LaborAndRelatedExpense
134572000 usd
CY2021Q3 us-gaap Labor And Related Expense
LaborAndRelatedExpense
93992000 usd
us-gaap Labor And Related Expense
LaborAndRelatedExpense
397103000 usd
us-gaap Labor And Related Expense
LaborAndRelatedExpense
273190000 usd
CY2022Q3 us-gaap Occupancy Net
OccupancyNet
26486000 usd
CY2021Q3 us-gaap Occupancy Net
OccupancyNet
19941000 usd
us-gaap Occupancy Net
OccupancyNet
70906000 usd
us-gaap Occupancy Net
OccupancyNet
59171000 usd
CY2022Q3 vly Technology Furniture And Equipment Expense
TechnologyFurnitureAndEquipmentExpense
39365000 usd
CY2021Q3 vly Technology Furniture And Equipment Expense
TechnologyFurnitureAndEquipmentExpense
21007000 usd
vly Technology Furniture And Equipment Expense
TechnologyFurnitureAndEquipmentExpense
115245000 usd
vly Technology Furniture And Equipment Expense
TechnologyFurnitureAndEquipmentExpense
64956000 usd
CY2022Q3 us-gaap Federal Deposit Insurance Corporation Premium Expense
FederalDepositInsuranceCorporationPremiumExpense
6500000 usd
CY2021Q3 us-gaap Federal Deposit Insurance Corporation Premium Expense
FederalDepositInsuranceCorporationPremiumExpense
3644000 usd
us-gaap Federal Deposit Insurance Corporation Premium Expense
FederalDepositInsuranceCorporationPremiumExpense
16009000 usd
us-gaap Federal Deposit Insurance Corporation Premium Expense
FederalDepositInsuranceCorporationPremiumExpense
10294000 usd
CY2022Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
11088000 usd
CY2021Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
5298000 usd
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
26925000 usd
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
16753000 usd
CY2022Q3 vly Professional And Legal Fees
ProfessionalAndLegalFees
17840000 usd
CY2021Q3 vly Professional And Legal Fees
ProfessionalAndLegalFees
13492000 usd
vly Professional And Legal Fees
ProfessionalAndLegalFees
62998000 usd
vly Professional And Legal Fees
ProfessionalAndLegalFees
27250000 usd
CY2022Q3 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 usd
CY2021Q3 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 usd
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 usd
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-8406000 usd
CY2022Q3 vly Investment Tax Credit Amortization
InvestmentTaxCreditAmortization
3105000 usd
CY2021Q3 vly Investment Tax Credit Amortization
InvestmentTaxCreditAmortization
3079000 usd
vly Investment Tax Credit Amortization
InvestmentTaxCreditAmortization
9194000 usd
vly Investment Tax Credit Amortization
InvestmentTaxCreditAmortization
8795000 usd
CY2022Q3 us-gaap Other Noninterest Expense
OtherNoninterestExpense
22683000 usd
CY2021Q3 us-gaap Other Noninterest Expense
OtherNoninterestExpense
14469000 usd
us-gaap Other Noninterest Expense
OtherNoninterestExpense
60329000 usd
us-gaap Other Noninterest Expense
OtherNoninterestExpense
38213000 usd
CY2022Q3 us-gaap Noninterest Expense
NoninterestExpense
261639000 usd
CY2021Q3 us-gaap Noninterest Expense
NoninterestExpense
174922000 usd
us-gaap Noninterest Expense
NoninterestExpense
758709000 usd
us-gaap Noninterest Expense
NoninterestExpense
507028000 usd
CY2022Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
246524000 usd
CY2021Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
165004000 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
535531000 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
483428000 usd
CY2022Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
68405000 usd
CY2021Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
42424000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
144271000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
124626000 usd
CY2022Q3 us-gaap Net Income Loss
NetIncomeLoss
178119000 usd
CY2021Q3 us-gaap Net Income Loss
NetIncomeLoss
122580000 usd
us-gaap Net Income Loss
NetIncomeLoss
391260000 usd
us-gaap Net Income Loss
NetIncomeLoss
358802000 usd
CY2022Q3 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
3172000 usd
CY2021Q3 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
3172000 usd
us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
9516000 usd
us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
9516000 usd
CY2022Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
174947000 usd
CY2021Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
119408000 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
381744000 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
349286000 usd
CY2022Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.35
CY2021Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.29
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.80
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.86
CY2022Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.34
CY2021Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.29
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.79
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.86
CY2022Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.11
CY2021Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.11
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.33
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.33
CY2022Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
506342200 shares
CY2021Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
406824160 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
478383342 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
405986114 shares
CY2022Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
508690997 shares
CY2021Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
409238001 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
480625357 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
408509767 shares
CY2022Q3 us-gaap Net Income Loss
NetIncomeLoss
178119000 usd
CY2021Q3 us-gaap Net Income Loss
NetIncomeLoss
122580000 usd
CY2021Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-3953000 usd
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-148403000 usd
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-15860000 usd
CY2022Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
12000 usd
CY2021Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
613000 usd
us-gaap Net Income Loss
NetIncomeLoss
391260000 usd
us-gaap Net Income Loss
NetIncomeLoss
358802000 usd
CY2022Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-57242000 usd
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
22000 usd
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
493000 usd
CY2022Q3 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
-57254000 usd
CY2021Q3 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
-4566000 usd
us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
-148425000 usd
us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
-16353000 usd
CY2022Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
-85000 usd
CY2021Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
-96000 usd
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
110000 usd
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
-69000 usd
CY2022Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
13000 usd
CY2021Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
-743000 usd
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
-293000 usd
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
-1928000 usd
CY2022Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
-98000 usd
CY2021Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
647000 usd
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
403000 usd
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
1859000 usd
CY2022Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax
-132000 usd
CY2021Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax
-279000 usd
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax
-397000 usd
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax
-837000 usd
CY2022Q3 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-57220000 usd
CY2021Q3 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-3640000 usd
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-147625000 usd
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-13657000 usd
CY2022Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
120899000 usd
CY2021Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
118940000 usd
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
243635000 usd
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
345145000 usd
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
5084066000 usd
CY2022Q1 us-gaap Net Income Loss
NetIncomeLoss
116728000 usd
CY2022Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-38166000 usd
CY2022Q1 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
-2752000 usd
CY2022Q1 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
13517000 usd
CY2022Q1 us-gaap Stockholders Equity
StockholdersEquity
5096384000 usd
CY2022Q2 us-gaap Net Income Loss
NetIncomeLoss
96413000 usd
CY2022Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-52239000 usd
CY2022Q2 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
5909000 usd
CY2022Q2 us-gaap Stock Issued During Period Value Acquisitions
StockIssuedDuringPeriodValueAcquisitions
1117829000 usd
CY2022Q2 us-gaap Stockholders Equity
StockholdersEquity
6204913000 usd
CY2022Q3 us-gaap Net Income Loss
NetIncomeLoss
178119000 usd
CY2022Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-57220000 usd
CY2022Q3 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
7431000 usd
CY2022Q3 us-gaap Stockholders Equity
StockholdersEquity
6273829000 usd
CY2020Q4 us-gaap Stockholders Equity
StockholdersEquity
4592120000 usd
CY2021Q1 us-gaap Net Income Loss
NetIncomeLoss
115710000 usd
CY2021Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-9287000 usd
CY2021Q1 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
9580000 usd
CY2021Q1 us-gaap Stockholders Equity
StockholdersEquity
4659670000 usd
CY2021Q2 us-gaap Net Income Loss
NetIncomeLoss
120512000 usd
CY2021Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-730000 usd
CY2021Q2 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
6620000 usd
CY2021Q2 us-gaap Stockholders Equity
StockholdersEquity
4737807000 usd
CY2021Q3 us-gaap Net Income Loss
NetIncomeLoss
122580000 usd
CY2021Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-3640000 usd
CY2021Q3 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
14151000 usd
CY2021Q3 us-gaap Stockholders Equity
StockholdersEquity
4822498000 usd
us-gaap Net Income Loss
NetIncomeLoss
391260000 usd
us-gaap Net Income Loss
NetIncomeLoss
358802000 usd
us-gaap Depreciation Amortization And Accretion Net
DepreciationAmortizationAndAccretionNet
52545000 usd
us-gaap Depreciation Amortization And Accretion Net
DepreciationAmortizationAndAccretionNet
40799000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
20978000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
15852000 usd
vly Allowance For Credit Loss Expense Reversal Including Debt Securities Held To Maturity
AllowanceForCreditLossExpenseReversalIncludingDebtSecuritiesHeldToMaturity
49578000 usd
vly Allowance For Credit Loss Expense Reversal Including Debt Securities Held To Maturity
AllowanceForCreditLossExpenseReversalIncludingDebtSecuritiesHeldToMaturity
20934000 usd
vly Accretion Amortization Of Discounts And Premiums Investments And Borrowings
AccretionAmortizationOfDiscountsAndPremiumsInvestmentsAndBorrowings
10603000 usd
vly Accretion Amortization Of Discounts And Premiums Investments And Borrowings
AccretionAmortizationOfDiscountsAndPremiumsInvestmentsAndBorrowings
22145000 usd
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
26925000 usd
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
16753000 usd
us-gaap Debt And Equity Securities Gain Loss
DebtAndEquitySecuritiesGainLoss
-1058000 usd
us-gaap Debt And Equity Securities Gain Loss
DebtAndEquitySecuritiesGainLoss
1263000 usd
us-gaap Proceeds From Sale Of Loans Held For Sale
ProceedsFromSaleOfLoansHeldForSale
378216000 usd
us-gaap Proceeds From Sale Of Loans Held For Sale
ProceedsFromSaleOfLoansHeldForSale
932274000 usd
us-gaap Gain Loss On Sales Of Loans Net
GainLossOnSalesOfLoansNet
5510000 usd
us-gaap Gain Loss On Sales Of Loans Net
GainLossOnSalesOfLoansNet
20016000 usd
us-gaap Payments For Origination And Purchases Of Loans Held For Sale
PaymentsForOriginationAndPurchasesOfLoansHeldForSale
244441000 usd
us-gaap Payments For Origination And Purchases Of Loans Held For Sale
PaymentsForOriginationAndPurchasesOfLoansHeldForSale
774443000 usd
us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
-372000 usd
us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
380000 usd
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 usd
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-8406000 usd
us-gaap Change In Unrealized Gain Loss On Hedged Item In Fair Value Hedge1
ChangeInUnrealizedGainLossOnHedgedItemInFairValueHedge1
30585000 usd
us-gaap Change In Unrealized Gain Loss On Hedged Item In Fair Value Hedge1
ChangeInUnrealizedGainLossOnHedgedItemInFairValueHedge1
0 usd
us-gaap Increase Decrease In Debt Securities Trading
IncreaseDecreaseInDebtSecuritiesTrading
-34030000 usd
us-gaap Increase Decrease In Debt Securities Trading
IncreaseDecreaseInDebtSecuritiesTrading
4797000 usd
us-gaap Bank Owned Life Insurance Income
BankOwnedLifeInsuranceIncome
5840000 usd
us-gaap Bank Owned Life Insurance Income
BankOwnedLifeInsuranceIncome
6824000 usd
us-gaap Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
36807000 usd
us-gaap Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
-8157000 usd
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
402391000 usd
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-97341000 usd
us-gaap Increase Decrease In Other Accounts Payable And Accrued Liabilities
IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities
990607000 usd
us-gaap Increase Decrease In Other Accounts Payable And Accrued Liabilities
IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities
-130698000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
1230598000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
583042000 usd
us-gaap Payments To Acquire Loans Receivable
PaymentsToAcquireLoansReceivable
5114908000 usd
us-gaap Payments To Acquire Loans Receivable
PaymentsToAcquireLoansReceivable
405204000 usd
us-gaap Payments To Acquire Equity Securities Fv Ni
PaymentsToAcquireEquitySecuritiesFvNi
4148000 usd
us-gaap Payments To Acquire Equity Securities Fv Ni
PaymentsToAcquireEquitySecuritiesFvNi
3163000 usd
us-gaap Proceeds From Sale Of Equity Securities Fv Ni
ProceedsFromSaleOfEquitySecuritiesFvNi
1725000 usd
us-gaap Proceeds From Sale Of Equity Securities Fv Ni
ProceedsFromSaleOfEquitySecuritiesFvNi
1227000 usd
us-gaap Payments To Acquire Held To Maturity Securities
PaymentsToAcquireHeldToMaturitySecurities
666188000 usd
us-gaap Payments To Acquire Held To Maturity Securities
PaymentsToAcquireHeldToMaturitySecurities
1062202000 usd
us-gaap Proceeds From Maturities Prepayments And Calls Of Held To Maturity Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities
410760000 usd
us-gaap Proceeds From Maturities Prepayments And Calls Of Held To Maturity Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities
633272000 usd
us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
49618000 usd
us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
367866000 usd
us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
12846000 usd
us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
91978000 usd
us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
192868000 usd
us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
376875000 usd
us-gaap Proceeds From Life Insurance Policies
ProceedsFromLifeInsurancePolicies
4680000 usd
us-gaap Proceeds From Life Insurance Policies
ProceedsFromLifeInsurancePolicies
3850000 usd
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
7400000 usd
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
4982000 usd
us-gaap Proceeds From Sale Of Loans Held For Investment
ProceedsFromSaleOfLoansHeldForInvestment
0 usd
us-gaap Proceeds From Sale Of Loans Held For Investment
ProceedsFromSaleOfLoansHeldForInvestment
4498000 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
50511000 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
19805000 usd
us-gaap Cash Acquired From Acquisition
CashAcquiredFromAcquisition
321540000 usd
us-gaap Cash Acquired From Acquisition
CashAcquiredFromAcquisition
0 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-4933554000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-741558000 usd
us-gaap Increase Decrease In Deposits
IncreaseDecreaseInDeposits
2646434000 usd
us-gaap Increase Decrease In Deposits
IncreaseDecreaseInDeposits
1697003000 usd
us-gaap Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
159763000 usd
us-gaap Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
-364612000 usd
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
147508000 usd
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
295922000 usd
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
0 usd
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
1168465000 usd
us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
9516000 usd
us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
9516000 usd
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
148345000 usd
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
134860000 usd
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
24013000 usd
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
699000 usd
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
106000 usd
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
15199000 usd
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-553000 usd
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-505000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
2771384000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
329467000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-931572000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
170951000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
2049920000 usd
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1329205000 usd
CY2022Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1118348000 usd
CY2021Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1500156000 usd
us-gaap Interest Paid Net
InterestPaidNet
129504000 usd
us-gaap Interest Paid Net
InterestPaidNet
109661000 usd
us-gaap Income Taxes Paid
IncomeTaxesPaid
122170000 usd
us-gaap Income Taxes Paid
IncomeTaxesPaid
148674000 usd
vly Transfer Of Loans Held For Investment To Other Real Estate
TransferOfLoansHeldForInvestmentToOtherRealEstate
0 usd
vly Transfer Of Loans Held For Investment To Other Real Estate
TransferOfLoansHeldForInvestmentToOtherRealEstate
141000 usd
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
32604000 usd
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
40296000 usd
vly Noncash Or Part Noncash Acquisition Investment Equity Securities Acquired
NoncashOrPartNoncashAcquisitionInvestmentEquitySecuritiesAcquired
6239000 usd
vly Noncash Or Part Noncash Acquisition Investment Equity Securities Acquired
NoncashOrPartNoncashAcquisitionInvestmentEquitySecuritiesAcquired
0 usd
vly Noncash Or Part Noncash Acquisition Available For Sale Investments Acquired
NoncashOrPartNoncashAcquisitionAvailableForSaleInvestmentsAcquired
505928000 usd
vly Noncash Or Part Noncash Acquisition Available For Sale Investments Acquired
NoncashOrPartNoncashAcquisitionAvailableForSaleInvestmentsAcquired
0 usd
vly Noncash Or Part Noncash Acquisition Investments Acquired Held To Maturity
NoncashOrPartNoncashAcquisitionInvestmentsAcquiredHeldToMaturity
806627000 usd
vly Noncash Or Part Noncash Acquisition Investments Acquired Held To Maturity
NoncashOrPartNoncashAcquisitionInvestmentsAcquiredHeldToMaturity
0 usd
vly Noncash Or Part Noncash Acquisition Loans Assumed
NoncashOrPartNoncashAcquisitionLoansAssumed
5844070000 usd
vly Noncash Or Part Noncash Acquisition Loans Assumed
NoncashOrPartNoncashAcquisitionLoansAssumed
0 usd
us-gaap Noncash Or Part Noncash Acquisition Fixed Assets Acquired1
NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1
38827000 usd
us-gaap Noncash Or Part Noncash Acquisition Fixed Assets Acquired1
NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1
0 usd
vly Noncash Or Part Noncash Acquisition Operating Lease Right Of Use Assets Acquired
NoncashOrPartNoncashAcquisitionOperatingLeaseRightOfUseAssetsAcquired
49434000 usd
vly Noncash Or Part Noncash Acquisition Operating Lease Right Of Use Assets Acquired
NoncashOrPartNoncashAcquisitionOperatingLeaseRightOfUseAssetsAcquired
0 usd
vly Noncash Or Part Noncash Acquisition Bank Owned Life Insurance Acquired
NoncashOrPartNoncashAcquisitionBankOwnedLifeInsuranceAcquired
126861000 usd
vly Noncash Or Part Noncash Acquisition Bank Owned Life Insurance Acquired
NoncashOrPartNoncashAcquisitionBankOwnedLifeInsuranceAcquired
0 usd
vly Noncash Or Part Noncash Acquisition Accrued Interest Receivable Acquired
NoncashOrPartNoncashAcquisitionAccruedInterestReceivableAcquired
25717000 usd
vly Noncash Or Part Noncash Acquisition Accrued Interest Receivable Acquired
NoncashOrPartNoncashAcquisitionAccruedInterestReceivableAcquired
0 usd
vly Noncash Or Part Noncash Acquisition Goodwill Acquired
NoncashOrPartNoncashAcquisitionGoodwillAcquired
407522000 usd
vly Noncash Or Part Noncash Acquisition Goodwill Acquired
NoncashOrPartNoncashAcquisitionGoodwillAcquired
0 usd
us-gaap Noncash Or Part Noncash Acquisition Intangible Assets Acquired1
NoncashOrPartNoncashAcquisitionIntangibleAssetsAcquired1
159587000 usd
us-gaap Noncash Or Part Noncash Acquisition Intangible Assets Acquired1
NoncashOrPartNoncashAcquisitionIntangibleAssetsAcquired1
0 usd
us-gaap Noncash Or Part Noncash Acquisition Other Assets Acquired1
NoncashOrPartNoncashAcquisitionOtherAssetsAcquired1
158352000 usd
us-gaap Noncash Or Part Noncash Acquisition Other Assets Acquired1
NoncashOrPartNoncashAcquisitionOtherAssetsAcquired1
0 usd
us-gaap Noncash Or Part Noncash Acquisition Value Of Assets Acquired1
NoncashOrPartNoncashAcquisitionValueOfAssetsAcquired1
8129164000 usd
us-gaap Noncash Or Part Noncash Acquisition Value Of Assets Acquired1
NoncashOrPartNoncashAcquisitionValueOfAssetsAcquired1
0 usd
vly Noncash Or Part Noncash Acquisition Deposits
NoncashOrPartNoncashAcquisitionDeposits
7029997000 usd
vly Noncash Or Part Noncash Acquisition Deposits
NoncashOrPartNoncashAcquisitionDeposits
0 usd
vly Noncash Or Part Noncash Acquisition Short Term Debt Assumed
NoncashOrPartNoncashAcquisitionShortTermDebtAssumed
103794000 usd
vly Noncash Or Part Noncash Acquisition Short Term Debt Assumed
NoncashOrPartNoncashAcquisitionShortTermDebtAssumed
0 usd
vly Noncash Or Part Noncash Acquisition Lease Liabilities Assumed
NoncashOrPartNoncashAcquisitionLeaseLiabilitiesAssumed
79844000 usd
vly Noncash Or Part Noncash Acquisition Lease Liabilities Assumed
NoncashOrPartNoncashAcquisitionLeaseLiabilitiesAssumed
0 usd
vly Noncash Or Part Noncash Acquisition Accrued Expenses And Other Liabilities
NoncashOrPartNoncashAcquisitionAccruedExpensesAndOtherLiabilities
119240000 usd
vly Noncash Or Part Noncash Acquisition Accrued Expenses And Other Liabilities
NoncashOrPartNoncashAcquisitionAccruedExpensesAndOtherLiabilities
0 usd
us-gaap Noncash Or Part Noncash Acquisition Value Of Liabilities Assumed1
NoncashOrPartNoncashAcquisitionValueOfLiabilitiesAssumed1
7332875000 usd
us-gaap Noncash Or Part Noncash Acquisition Value Of Liabilities Assumed1
NoncashOrPartNoncashAcquisitionValueOfLiabilitiesAssumed1
0 usd
us-gaap Noncash Or Part Noncash Acquisition Net Nonmonetary Assets Acquired Liabilities Assumed1
NoncashOrPartNoncashAcquisitionNetNonmonetaryAssetsAcquiredLiabilitiesAssumed1
796289000 usd
us-gaap Noncash Or Part Noncash Acquisition Net Nonmonetary Assets Acquired Liabilities Assumed1
NoncashOrPartNoncashAcquisitionNetNonmonetaryAssetsAcquiredLiabilitiesAssumed1
0 usd
CY2022Q3 vly Noncash Or Part Noncash Acquisition Net Cash And Cash Equivalents Acquired
NoncashOrPartNoncashAcquisitionNetCashAndCashEquivalentsAcquired
321540000 usd
CY2021Q3 vly Noncash Or Part Noncash Acquisition Net Cash And Cash Equivalents Acquired
NoncashOrPartNoncashAcquisitionNetCashAndCashEquivalentsAcquired
0 usd
us-gaap Stock Issued1
StockIssued1
1117829000 usd
us-gaap Stock Issued1
StockIssued1
0 usd
us-gaap Use Of Estimates
UseOfEstimates
Significant Estimates. In preparing the unaudited consolidated financial statements in conformity with U.S. GAAP, management has made estimates and assumptions that affect the reported amounts of assets and liabilities as of the date of the consolidated statements of financial condition and results of operations for the periods indicated. Material estimates that require application of management’s most difficult, subjective or complex judgment and are particularly susceptible to change include: the allowance for credit losses, the evaluation of goodwill and other intangible assets for impairment, and income taxes. Estimates and assumptions are reviewed periodically, and the effects of revisions are reflected in the consolidated financial statements in the period they are deemed necessary. While management uses its best judgment, actual amounts or results could differ significantly from those estimates. The current economic environment has increased the degree of uncertainty inherent in these material estimates. Actual results may differ from those estimates. Also, future amounts and values could differ materially from those estimates due to changes in values and circumstances after the balance sheet date
CY2022Q2 us-gaap Financing Receivable Purchased With Credit Deterioration Discount Premium
FinancingReceivablePurchasedWithCreditDeteriorationDiscountPremium
18800000 usd
CY2022Q2 us-gaap Financing Receivable Purchased With Credit Deterioration Amount At Par Value
FinancingReceivablePurchasedWithCreditDeteriorationAmountAtParValue
1922272000 usd
CY2022Q2 us-gaap Financing Receivable Excluding Accrued Interest Purchased With Credit Deterioration Allowance For Credit Loss At Acquisition Date
FinancingReceivableExcludingAccruedInterestPurchasedWithCreditDeteriorationAllowanceForCreditLossAtAcquisitionDate
70319000 usd
CY2022Q2 us-gaap Financing Receivable Purchased With Credit Deterioration Discount Premium
FinancingReceivablePurchasedWithCreditDeteriorationDiscountPremium
18814000 usd
CY2022Q2 us-gaap Financing Receivable Purchased With Credit Deterioration Amount At Purchase Price
FinancingReceivablePurchasedWithCreditDeteriorationAmountAtPurchasePrice
1833139000 usd
CY2022Q2 vly Financing Receivable Excluding Accrued Interest Purchased With Credit Deterioration Allowance For Credit Loss Writeoff At Acquisition Date
FinancingReceivableExcludingAccruedInterestPurchasedWithCreditDeteriorationAllowanceForCreditLossWriteoffAtAcquisitionDate
62400000 usd
CY2022Q3 vly Business Acquisition Pro Forma Net Interest Income
BusinessAcquisitionProFormaNetInterestIncome
453992000 usd
CY2021Q3 vly Business Acquisition Pro Forma Net Interest Income
BusinessAcquisitionProFormaNetInterestIncome
371178000 usd
vly Business Acquisition Pro Forma Net Interest Income
BusinessAcquisitionProFormaNetInterestIncome
1261442000 usd
vly Business Acquisition Pro Forma Net Interest Income
BusinessAcquisitionProFormaNetInterestIncome
1099597000 usd
CY2022Q3 vly Business Acquisition Pro Forma Non Interest Income
BusinessAcquisitionProFormaNonInterestIncome
56194000 usd
CY2021Q3 vly Business Acquisition Pro Forma Non Interest Income
BusinessAcquisitionProFormaNonInterestIncome
58931000 usd
vly Business Acquisition Pro Forma Non Interest Income
BusinessAcquisitionProFormaNonInterestIncome
175488000 usd
vly Business Acquisition Pro Forma Non Interest Income
BusinessAcquisitionProFormaNonInterestIncome
164458000 usd
CY2022Q3 us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
178119000 usd
CY2021Q3 us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
139666000 usd
us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
478891000 usd
us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
351489000 usd
us-gaap Goodwill Purchase Accounting Adjustments
GoodwillPurchaseAccountingAdjustments
5000000 usd
CY2022Q3 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
2348797 shares
CY2022Q3 us-gaap Payments For Merger Related Costs
PaymentsForMergerRelatedCosts
4700000 usd
us-gaap Payments For Merger Related Costs
PaymentsForMergerRelatedCosts
63800000 usd
us-gaap Payments For Merger Related Costs
PaymentsForMergerRelatedCosts
1300000 usd
CY2021Q3 us-gaap Payments For Merger Related Costs
PaymentsForMergerRelatedCosts
1300000 usd
CY2022Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
174947000 usd
CY2021Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
119408000 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
381744000 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
349286000 usd
CY2022Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
506342200 shares
CY2021Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
406824160 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
478383342 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
405986114 shares
CY2021Q3 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
2413841 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
2242015 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
2523653 shares
CY2022Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
508690997 shares
CY2021Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
409238001 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
480625357 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
408509767 shares
CY2022Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.35
CY2021Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.29
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.80
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.86
CY2022Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.34
CY2021Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.29
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.79
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.86
CY2022Q3 us-gaap Equity Securities Fv Ni
EquitySecuritiesFvNi
43300000 usd
CY2022Q3 us-gaap Oci Before Reclassifications Net Of Tax Attributable To Parent
OciBeforeReclassificationsNetOfTaxAttributableToParent
-57327000 usd
CY2022Q3 us-gaap Reclassification From Aoci Current Period Net Of Tax Attributable To Parent
ReclassificationFromAociCurrentPeriodNetOfTaxAttributableToParent
-107000 usd
CY2022Q3 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-57220000 usd
us-gaap Oci Before Reclassifications Net Of Tax Attributable To Parent
OciBeforeReclassificationsNetOfTaxAttributableToParent
-148293000 usd
us-gaap Reclassification From Aoci Current Period Net Of Tax Attributable To Parent
ReclassificationFromAociCurrentPeriodNetOfTaxAttributableToParent
-668000 usd
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-147625000 usd
CY2022Q3 us-gaap Principal Amount Outstanding On Loans Held For Sale Or Securitization
PrincipalAmountOutstandingOnLoansHeldForSaleOrSecuritization
6200000 usd
CY2021Q4 us-gaap Principal Amount Outstanding On Loans Held For Sale Or Securitization
PrincipalAmountOutstandingOnLoansHeldForSaleOrSecuritization
136300000 usd
CY2022Q3 vly Collateral Dependent Impaired Loans Carrying Value
CollateralDependentImpairedLoansCarryingValue
171300000 usd
CY2022Q3 vly Impaired Loans Specific Valuation Allowance Allocation
ImpairedLoansSpecificValuationAllowanceAllocation
98200000 usd
CY2022Q3 vly Foreclosed Assets Discount Adjustment Rate
ForeclosedAssetsDiscountAdjustmentRate
0
CY2021Q4 us-gaap Equity Securities Fv Ni
EquitySecuritiesFvNi
36500000 usd
CY2022Q3 us-gaap Trading Securities Debt
TradingSecuritiesDebt
4100000 usd
CY2021Q4 us-gaap Trading Securities Debt
TradingSecuritiesDebt
38100000 usd
us-gaap Debt Securities Trading Realized Loss
DebtSecuritiesTradingRealizedLoss
1200000 usd
us-gaap Debt Securities Trading Realized Loss
DebtSecuritiesTradingRealizedLoss
705000 usd
CY2022Q3 us-gaap Debt Securities Available For Sale Amortized Cost Excluding Accrued Interest After Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAmortizedCostExcludingAccruedInterestAfterAllowanceForCreditLoss
1464821000 usd
CY2022Q3 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
131000 usd
CY2022Q3 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
193098000 usd
CY2022Q3 us-gaap Debt Securities Available For Sale Excluding Accrued Interest
DebtSecuritiesAvailableForSaleExcludingAccruedInterest
1271854000 usd
CY2021Q4 us-gaap Debt Securities Available For Sale Amortized Cost Excluding Accrued Interest After Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAmortizedCostExcludingAccruedInterestAfterAllowanceForCreditLoss
1116091000 usd
CY2021Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
19252000 usd
CY2021Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
6534000 usd
CY2021Q4 us-gaap Debt Securities Available For Sale Excluding Accrued Interest
DebtSecuritiesAvailableForSaleExcludingAccruedInterest
1128809000 usd
CY2022Q3 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months
962066000 usd
CY2022Q3 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
126371000 usd
CY2022Q3 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger
299793000 usd
CY2022Q3 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
66727000 usd
CY2022Q3 us-gaap Debt Securities Available For Sale Unrealized Loss Position
DebtSecuritiesAvailableForSaleUnrealizedLossPosition
1261859000 usd
CY2022Q3 us-gaap Debt Securities Available For Sale Unrealized Loss Position Accumulated Loss
DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss
193098000 usd
CY2021Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months
459944000 usd
CY2021Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
5535000 usd
CY2021Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger
27286000 usd
CY2021Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
999000 usd
CY2021Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position
DebtSecuritiesAvailableForSaleUnrealizedLossPosition
487230000 usd
CY2021Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position Accumulated Loss
DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss
6534000 usd
CY2022Q3 us-gaap Debt Securities Available For Sale Unrealized Loss Position Number Of Positions
DebtSecuritiesAvailableForSaleUnrealizedLossPositionNumberOfPositions
743 position
CY2021Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position Number Of Positions
DebtSecuritiesAvailableForSaleUnrealizedLossPositionNumberOfPositions
139 position
CY2022Q3 us-gaap Debt Securities Available For Sale Restricted
DebtSecuritiesAvailableForSaleRestricted
348100000 usd
CY2022Q3 us-gaap Available For Sale Securities Debt Maturities Within One Year Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearAmortizedCost
8593000 usd
CY2022Q3 us-gaap Available For Sale Securities Debt Maturities Within One Year Fair Value
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue
8553000 usd
CY2022Q3 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsAmortizedCost
184748000 usd
CY2022Q3 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue
174982000 usd
CY2022Q3 us-gaap Available For Sale Securities Debt Maturities After Five Through Ten Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsAmortizedCost
271404000 usd
CY2022Q3 us-gaap Available For Sale Securities Debt Maturities After Five Through Ten Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue
246134000 usd
CY2022Q3 us-gaap Available For Sale Securities Debt Maturities After Ten Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsAmortizedCost
255529000 usd
CY2022Q3 us-gaap Available For Sale Securities Debt Maturities After Ten Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsFairValue
195520000 usd
CY2022Q3 us-gaap Available For Sale Securities Debt Maturities Without Single Maturity Date Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesWithoutSingleMaturityDateAmortizedCost
744547000 usd
CY2022Q3 us-gaap Available For Sale Securities Debt Maturities Without Single Maturity Date Fair Value
AvailableForSaleSecuritiesDebtMaturitiesWithoutSingleMaturityDateFairValue
646665000 usd
CY2022Q3 us-gaap Debt Securities Available For Sale Amortized Cost Excluding Accrued Interest After Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAmortizedCostExcludingAccruedInterestAfterAllowanceForCreditLoss
1464821000 usd
CY2022Q3 us-gaap Debt Securities Available For Sale Excluding Accrued Interest
DebtSecuritiesAvailableForSaleExcludingAccruedInterest
1271854000 usd
vly Weighted Average Remaining Expected Life Of Residential Mortgage Backed Securities Available For Sale
WeightedAverageRemainingExpectedLifeOfResidentialMortgageBackedSecuritiesAvailableForSale
P6Y7M6D
CY2021Q3 us-gaap Other Than Temporary Impairment Loss Debt Securities Available For Sale Recognized In Earnings
OtherThanTemporaryImpairmentLossDebtSecuritiesAvailableForSaleRecognizedInEarnings
0 usd
us-gaap Other Than Temporary Impairment Loss Debt Securities Available For Sale Recognized In Earnings
OtherThanTemporaryImpairmentLossDebtSecuritiesAvailableForSaleRecognizedInEarnings
0 usd
us-gaap Other Than Temporary Impairment Loss Debt Securities Available For Sale Recognized In Earnings
OtherThanTemporaryImpairmentLossDebtSecuritiesAvailableForSaleRecognizedInEarnings
0 usd
CY2022Q3 us-gaap Other Than Temporary Impairment Loss Debt Securities Available For Sale Recognized In Earnings
OtherThanTemporaryImpairmentLossDebtSecuritiesAvailableForSaleRecognizedInEarnings
0 usd
CY2021Q4 us-gaap Debt Securities Available For Sale Amortized Cost Allowance For Credit Loss Excluding Accrued Interest
DebtSecuritiesAvailableForSaleAmortizedCostAllowanceForCreditLossExcludingAccruedInterest
0 usd
CY2022Q3 us-gaap Debt Securities Available For Sale Amortized Cost Allowance For Credit Loss Excluding Accrued Interest
DebtSecuritiesAvailableForSaleAmortizedCostAllowanceForCreditLossExcludingAccruedInterest
0 usd
CY2022Q3 us-gaap Held To Maturity Securities
HeldToMaturitySecurities
3722020000 usd
CY2022Q3 us-gaap Held To Maturity Securities Accumulated Unrecognized Holding Gain
HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingGain
284000 usd
CY2022Q3 us-gaap Held To Maturity Securities Accumulated Unrecognized Holding Loss
HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss
535652000 usd
CY2022Q3 us-gaap Held To Maturity Securities Fair Value
HeldToMaturitySecuritiesFairValue
3186652000 usd
CY2021Q4 us-gaap Held To Maturity Securities
HeldToMaturitySecurities
2668697000 usd
CY2021Q4 us-gaap Held To Maturity Securities Accumulated Unrecognized Holding Gain
HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingGain
25980000 usd
CY2021Q4 us-gaap Held To Maturity Securities Accumulated Unrecognized Holding Loss
HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss
34072000 usd
CY2021Q4 us-gaap Held To Maturity Securities Fair Value
HeldToMaturitySecuritiesFairValue
2660605000 usd
CY2022Q3 us-gaap Held To Maturity Securities Continuous Unrealized Loss Position Less Than Twelve Months Fair Value
HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue
2044128000 usd
CY2022Q3 us-gaap Held To Maturity Securities Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
287840000 usd
CY2022Q3 us-gaap Held To Maturity Securities Continuous Unrealized Loss Position Twelve Months Or Longer Fair Value
HeldToMaturitySecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue
1065621000 usd
CY2022Q3 us-gaap Held To Maturity Securities Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
HeldToMaturitySecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
247812000 usd
CY2021Q4 us-gaap Debt Securities Held To Maturity Allowance For Credit Loss Excluding Accrued Interest
DebtSecuritiesHeldToMaturityAllowanceForCreditLossExcludingAccruedInterest
1200000 usd
CY2022Q3 us-gaap Debt Securities Held To Maturity Allowance For Credit Loss Excluding Accrued Interest
DebtSecuritiesHeldToMaturityAllowanceForCreditLossExcludingAccruedInterest
1700000 usd
CY2022Q3 us-gaap Held To Maturity Securities Continuous Unrealized Loss Position Fair Value
HeldToMaturitySecuritiesContinuousUnrealizedLossPositionFairValue
3109749000 usd
CY2022Q3 us-gaap Held To Maturity Securities Accumulated Unrecognized Holding Loss
HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss
535652000 usd
CY2021Q4 us-gaap Held To Maturity Securities Continuous Unrealized Loss Position Less Than Twelve Months Fair Value
HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue
1440435000 usd
CY2021Q4 us-gaap Held To Maturity Securities Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
22830000 usd
CY2021Q4 us-gaap Held To Maturity Securities Continuous Unrealized Loss Position Twelve Months Or Longer Fair Value
HeldToMaturitySecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue
242949000 usd
CY2021Q4 us-gaap Held To Maturity Securities Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
HeldToMaturitySecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
11242000 usd
CY2021Q4 us-gaap Held To Maturity Securities Continuous Unrealized Loss Position Fair Value
HeldToMaturitySecuritiesContinuousUnrealizedLossPositionFairValue
1683384000 usd
CY2021Q4 us-gaap Held To Maturity Securities Accumulated Unrecognized Holding Loss
HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss
34072000 usd
CY2022Q3 us-gaap Held To Maturity Securities In Unrealized Loss Positions Qualitative Disclosure Number Of Positions
HeldToMaturitySecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions
826 position
CY2021Q4 us-gaap Held To Maturity Securities In Unrealized Loss Positions Qualitative Disclosure Number Of Positions
HeldToMaturitySecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions
108 position
CY2022Q3 us-gaap Held To Maturity Securities Restricted
HeldToMaturitySecuritiesRestricted
619500000 usd
CY2022Q3 us-gaap Held To Maturity Securities Debt Maturities Within One Year Net Carrying Amount
HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearNetCarryingAmount
31783000 usd
CY2022Q3 us-gaap Held To Maturity Securities Debt Maturities Within One Year Fair Value
HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearFairValue
31721000 usd
CY2022Q3 us-gaap Held To Maturity Securities Debt Maturities After One Through Five Years Net Carrying Amount
HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughFiveYearsNetCarryingAmount
195679000 usd
CY2022Q3 us-gaap Held To Maturity Securities Debt Maturities After One Through Five Years Fair Value
HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue
191824000 usd
CY2022Q3 us-gaap Held To Maturity Securities Debt Maturities After Five Through Ten Years Net Carrying Amount
HeldToMaturitySecuritiesDebtMaturitiesAfterFiveThroughTenYearsNetCarryingAmount
86011000 usd
CY2022Q3 us-gaap Held To Maturity Securities Debt Maturities After Five Through Ten Years Fair Value
HeldToMaturitySecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue
79844000 usd
CY2022Q3 us-gaap Held To Maturity Securities Debt Maturities After Ten Years Net Carrying Amount
HeldToMaturitySecuritiesDebtMaturitiesAfterTenYearsNetCarryingAmount
596965000 usd
CY2022Q3 us-gaap Held To Maturity Securities Debt Maturities After Ten Years Fair Value
HeldToMaturitySecuritiesDebtMaturitiesAfterTenYearsFairValue
509682000 usd
CY2022Q3 us-gaap Held To Maturity Securities Debt Maturities Without Single Maturity Date Net Carrying Amount
HeldToMaturitySecuritiesDebtMaturitiesWithoutSingleMaturityDateNetCarryingAmount
2811582000 usd
CY2022Q3 us-gaap Held To Maturity Securities Debt Maturities Without Single Maturity Date Fair Value
HeldToMaturitySecuritiesDebtMaturitiesWithoutSingleMaturityDateFairValue
2373581000 usd
CY2022Q3 us-gaap Held To Maturity Securities
HeldToMaturitySecurities
3722020000 usd
CY2022Q3 us-gaap Held To Maturity Securities Fair Value
HeldToMaturitySecuritiesFairValue
3186652000 usd
vly Weighted Average Remaining Expected Life Of Residential Mortgage Backed Securities Held To Maturity
WeightedAverageRemainingExpectedLifeOfResidentialMortgageBackedSecuritiesHeldToMaturity
P8Y9M18D
CY2022Q3 us-gaap Held To Maturity Securities
HeldToMaturitySecurities
3722020000 usd
CY2021Q4 us-gaap Held To Maturity Securities
HeldToMaturitySecurities
2668697000 usd
CY2022Q3 vly Non Covered Loans Net Of Unearned Discount And Deferred Loan Fees
NonCoveredLoansNetOfUnearnedDiscountAndDeferredLoanFees
136500000 usd
CY2022Q3 us-gaap Debt Securities Held To Maturity Excluding Accrued Interest Credit Loss Expense Reversal
DebtSecuritiesHeldToMaturityExcludingAccruedInterestCreditLossExpenseReversal
188000 usd
us-gaap Debt Securities Held To Maturity Excluding Accrued Interest Credit Loss Expense Reversal
DebtSecuritiesHeldToMaturityExcludingAccruedInterestCreditLossExpenseReversal
531000 usd
CY2021Q3 us-gaap Debt Securities Held To Maturity Excluding Accrued Interest Credit Loss Expense Reversal
DebtSecuritiesHeldToMaturityExcludingAccruedInterestCreditLossExpenseReversal
35000 usd
us-gaap Debt Securities Held To Maturity Excluding Accrued Interest Credit Loss Expense Reversal
DebtSecuritiesHeldToMaturityExcludingAccruedInterestCreditLossExpenseReversal
-353000 usd
CY2022Q3 us-gaap Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLoss
45185764000 usd
CY2021Q4 us-gaap Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLoss
34153657000 usd
CY2021Q4 vly Non Covered Loans Net Of Unearned Discount And Deferred Loan Fees
NonCoveredLoansNetOfUnearnedDiscountAndDeferredLoanFees
78500000 usd
us-gaap Payments To Acquire Loans Held For Investment
PaymentsToAcquireLoansHeldForInvestment
5900000000 usd
CY2022Q3 vly Non Covered Loans Net Of Earned Discount And Deferred Loan Fees
NonCoveredLoansNetOfEarnedDiscountAndDeferredLoanFees
98600000 usd
CY2022Q3 us-gaap Financing Receivable Accrued Interest After Allowance For Credit Loss
FinancingReceivableAccruedInterestAfterAllowanceForCreditLoss
139600000 usd
CY2021Q4 us-gaap Financing Receivable Accrued Interest After Allowance For Credit Loss
FinancingReceivableAccruedInterestAfterAllowanceForCreditLoss
83700000 usd
CY2021Q3 vly Sales Of Loans Held For Investment
SalesOfLoansHeldForInvestment
0 usd
CY2022Q3 vly Sales Of Loans Held For Investment
SalesOfLoansHeldForInvestment
0 usd
vly Sales Of Loans Held For Investment
SalesOfLoansHeldForInvestment
0 usd
vly Sales Of Loans Held For Investment
SalesOfLoansHeldForInvestment
0 usd
CY2022Q3 us-gaap Financing Receivable Excluding Accrued Interest Nonaccrual
FinancingReceivableExcludingAccruedInterestNonaccrual
293395000 usd
CY2022Q3 us-gaap Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLoss
45185764000 usd
CY2022Q3 us-gaap Financing Receivable Excluding Accrued Interest Nonaccrual No Allowance
FinancingReceivableExcludingAccruedInterestNonaccrualNoAllowance
98745000 usd
CY2021Q4 us-gaap Financing Receivable Excluding Accrued Interest Nonaccrual
FinancingReceivableExcludingAccruedInterestNonaccrual
240216000 usd
CY2021Q4 us-gaap Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLoss
34153657000 usd
CY2021Q4 us-gaap Financing Receivable Excluding Accrued Interest Nonaccrual No Allowance
FinancingReceivableExcludingAccruedInterestNonaccrualNoAllowance
100190000 usd
CY2022Q3 vly Troubled Debt Restructurings Not Reported As Non Accrual Loans
TroubledDebtRestructuringsNotReportedAsNonAccrualLoans
69700000 usd
CY2021Q4 vly Troubled Debt Restructurings Not Reported As Non Accrual Loans
TroubledDebtRestructuringsNotReportedAsNonAccrualLoans
71300000 usd
CY2022Q3 vly Non Performing Troubled Debt Restructuring Loans
NonPerformingTroubledDebtRestructuringLoans
155700000 usd
CY2021Q4 vly Non Performing Troubled Debt Restructuring Loans
NonPerformingTroubledDebtRestructuringLoans
117200000 usd
CY2022Q3 us-gaap Financing Receivable Modifications Number Of Contracts2
FinancingReceivableModificationsNumberOfContracts2
69 contract
CY2022Q3 us-gaap Financing Receivable Modifications Pre Modification Recorded Investment2
FinancingReceivableModificationsPreModificationRecordedInvestment2
67842000 usd
CY2022Q3 us-gaap Financing Receivable Modifications Post Modification Recorded Investment2
FinancingReceivableModificationsPostModificationRecordedInvestment2
64789000 usd
CY2021Q3 us-gaap Financing Receivable Modifications Number Of Contracts2
FinancingReceivableModificationsNumberOfContracts2
15 contract
CY2021Q3 us-gaap Financing Receivable Modifications Pre Modification Recorded Investment2
FinancingReceivableModificationsPreModificationRecordedInvestment2
34874000 usd
CY2021Q3 us-gaap Financing Receivable Modifications Post Modification Recorded Investment2
FinancingReceivableModificationsPostModificationRecordedInvestment2
34902000 usd
us-gaap Financing Receivable Modifications Number Of Contracts2
FinancingReceivableModificationsNumberOfContracts2
95 contract
us-gaap Financing Receivable Modifications Pre Modification Recorded Investment2
FinancingReceivableModificationsPreModificationRecordedInvestment2
142323000 usd
us-gaap Financing Receivable Modifications Post Modification Recorded Investment2
FinancingReceivableModificationsPostModificationRecordedInvestment2
134205000 usd
us-gaap Financing Receivable Modifications Number Of Contracts2
FinancingReceivableModificationsNumberOfContracts2
42 contract
us-gaap Financing Receivable Modifications Pre Modification Recorded Investment2
FinancingReceivableModificationsPreModificationRecordedInvestment2
69275000 usd
us-gaap Financing Receivable Modifications Post Modification Recorded Investment2
FinancingReceivableModificationsPostModificationRecordedInvestment2
66461000 usd
CY2022Q3 vly Specific Reserves For Loan Losses
SpecificReservesForLoanLosses
71500000 usd
CY2021Q3 vly Specific Reserves For Loan Losses
SpecificReservesForLoanLosses
8200000 usd
CY2022Q3 us-gaap Financing Receivables Impaired Troubled Debt Restructuring Write Down
FinancingReceivablesImpairedTroubledDebtRestructuringWriteDown
3800000 usd
us-gaap Financing Receivables Impaired Troubled Debt Restructuring Write Down
FinancingReceivablesImpairedTroubledDebtRestructuringWriteDown
5400000 usd
CY2021Q3 us-gaap Financing Receivables Impaired Troubled Debt Restructuring Write Down
FinancingReceivablesImpairedTroubledDebtRestructuringWriteDown
206000 usd
us-gaap Financing Receivables Impaired Troubled Debt Restructuring Write Down
FinancingReceivablesImpairedTroubledDebtRestructuringWriteDown
6000000 usd
vly Days Past Due To Place On Non Accrual Status
DaysPastDueToPlaceOnNonAccrualStatus
P90D
vly Days Past Due To Place On Non Accrual Status
DaysPastDueToPlaceOnNonAccrualStatus
P90D
CY2022Q3 us-gaap Financing Receivable Modifications Subsequent Default Number Of Contracts1
FinancingReceivableModificationsSubsequentDefaultNumberOfContracts1
4 contract
CY2022Q3 us-gaap Financing Receivable Modifications Subsequent Default Recorded Investment1
FinancingReceivableModificationsSubsequentDefaultRecordedInvestment1
49049000 usd
us-gaap Financing Receivable Modifications Subsequent Default Recorded Investment1
FinancingReceivableModificationsSubsequentDefaultRecordedInvestment1
49049000 usd
CY2021Q3 us-gaap Financing Receivable Modifications Subsequent Default Number Of Contracts1
FinancingReceivableModificationsSubsequentDefaultNumberOfContracts1
2 contract
CY2021Q3 us-gaap Financing Receivable Modifications Subsequent Default Recorded Investment1
FinancingReceivableModificationsSubsequentDefaultRecordedInvestment1
548000 usd
us-gaap Financing Receivable Modifications Subsequent Default Number Of Contracts1
FinancingReceivableModificationsSubsequentDefaultNumberOfContracts1
4 contract
us-gaap Financing Receivable Modifications Subsequent Default Number Of Contracts1
FinancingReceivableModificationsSubsequentDefaultNumberOfContracts1
2 contract
us-gaap Financing Receivable Modifications Subsequent Default Recorded Investment1
FinancingReceivableModificationsSubsequentDefaultRecordedInvestment1
548000 usd
CY2022Q3 us-gaap Other Real Estate And Foreclosed Assets
OtherRealEstateAndForeclosedAssets
286000 usd
CY2021Q4 us-gaap Other Real Estate And Foreclosed Assets
OtherRealEstateAndForeclosedAssets
2300000 usd
us-gaap Financing Receivable Allowance For Credit Loss Purchased With Credit Deterioration Increase
FinancingReceivableAllowanceForCreditLossPurchasedWithCreditDeteriorationIncrease
122700000 usd
CY2022Q2 us-gaap Financing Receivable Excluding Accrued Interest Purchased With Credit Deterioration Allowance For Credit Loss At Acquisition Date
FinancingReceivableExcludingAccruedInterestPurchasedWithCreditDeteriorationAllowanceForCreditLossAtAcquisitionDate
70300000 usd
CY2022Q2 vly Financing Receivable Excluding Accrued Interest Not Purchased With Credit Deterioration Credit Loss Expense Reversal
FinancingReceivableExcludingAccruedInterestNotPurchasedWithCreditDeteriorationCreditLossExpenseReversal
41000000 usd
CY2022Q3 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
475744000 usd
CY2021Q4 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
359202000 usd
CY2022Q3 us-gaap Off Balance Sheet Credit Loss Liability
OffBalanceSheetCreditLossLiability
22664000 usd
CY2021Q4 us-gaap Off Balance Sheet Credit Loss Liability
OffBalanceSheetCreditLossLiability
16500000 usd
CY2022Q3 vly Allowance For Credit Losses
AllowanceForCreditLosses
498408000 usd
CY2021Q4 vly Allowance For Credit Losses
AllowanceForCreditLosses
375702000 usd
CY2022Q3 us-gaap Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal
FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversal
1315000 usd
CY2021Q3 us-gaap Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal
FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversal
3496000 usd
us-gaap Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal
FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversal
42883000 usd
us-gaap Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal
FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversal
17998000 usd
CY2022Q3 us-gaap Off Balance Sheet Credit Loss Liability Credit Loss Expense Reversal
OffBalanceSheetCreditLossLiabilityCreditLossExpenseReversal
520000 usd
CY2021Q3 us-gaap Off Balance Sheet Credit Loss Liability Credit Loss Expense Reversal
OffBalanceSheetCreditLossLiabilityCreditLossExpenseReversal
0 usd
us-gaap Off Balance Sheet Credit Loss Liability Credit Loss Expense Reversal
OffBalanceSheetCreditLossLiabilityCreditLossExpenseReversal
6164000 usd
us-gaap Off Balance Sheet Credit Loss Liability Credit Loss Expense Reversal
OffBalanceSheetCreditLossLiabilityCreditLossExpenseReversal
3289000 usd
CY2022Q3 vly Allowance For Credit Loss Expense Reversal
AllowanceForCreditLossExpenseReversal
1835000 usd
CY2021Q3 vly Allowance For Credit Loss Expense Reversal
AllowanceForCreditLossExpenseReversal
3496000 usd
vly Allowance For Credit Loss Expense Reversal
AllowanceForCreditLossExpenseReversal
49047000 usd
vly Allowance For Credit Loss Expense Reversal
AllowanceForCreditLossExpenseReversal
21287000 usd
CY2022Q2 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
468819000 usd
CY2022Q3 us-gaap Financing Receivable Excluding Accrued Interest Allowance For Credit Loss Writeoff
FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossWriteoff
9995000 usd
CY2022Q3 us-gaap Financing Receivable Excluding Accrued Interest Allowance For Credit Loss Recovery
FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossRecovery
15605000 usd
CY2022Q3 us-gaap Financing Receivable Excluding Accrued Interest Allowance For Credit Loss Writeoff After Recovery
FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossWriteoffAfterRecovery
-5610000 usd
CY2022Q3 us-gaap Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal
FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversal
1315000 usd
CY2022Q3 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
475744000 usd
CY2021Q2 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
339324000 usd
CY2021Q3 us-gaap Financing Receivable Excluding Accrued Interest Allowance For Credit Loss Writeoff
FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossWriteoff
2019000 usd
CY2021Q3 us-gaap Financing Receivable Excluding Accrued Interest Allowance For Credit Loss Recovery
FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossRecovery
1726000 usd
CY2021Q3 us-gaap Financing Receivable Excluding Accrued Interest Allowance For Credit Loss Writeoff After Recovery
FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossWriteoffAfterRecovery
293000 usd
CY2021Q3 us-gaap Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal
FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversal
3496000 usd
CY2021Q3 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
342527000 usd
CY2021Q4 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
359202000 usd
us-gaap Financing Receivable Excluding Accrued Interest Purchased With Credit Deterioration Allowance For Credit Loss At Acquisition Date
FinancingReceivableExcludingAccruedInterestPurchasedWithCreditDeteriorationAllowanceForCreditLossAtAcquisitionDate
70319000 usd
us-gaap Financing Receivable Excluding Accrued Interest Allowance For Credit Loss Writeoff
FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossWriteoff
17857000 usd
us-gaap Financing Receivable Excluding Accrued Interest Allowance For Credit Loss Recovery
FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossRecovery
21197000 usd
us-gaap Financing Receivable Excluding Accrued Interest Allowance For Credit Loss Writeoff After Recovery
FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossWriteoffAfterRecovery
-3340000 usd
us-gaap Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal
FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversal
42883000 usd
CY2022Q3 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
475744000 usd
CY2020Q4 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
340243000 usd
us-gaap Financing Receivable Excluding Accrued Interest Allowance For Credit Loss Writeoff
FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossWriteoff
23193000 usd
us-gaap Financing Receivable Excluding Accrued Interest Allowance For Credit Loss Recovery
FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossRecovery
7479000 usd
us-gaap Financing Receivable Excluding Accrued Interest Allowance For Credit Loss Writeoff After Recovery
FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossWriteoffAfterRecovery
15714000 usd
us-gaap Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal
FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversal
17998000 usd
CY2021Q3 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
342527000 usd
CY2022Q2 vly Financing Receivable Excluding Accrued Interest Purchased With Credit Deterioration Allowance For Credit Loss Writeoff At Acquisition Date
FinancingReceivableExcludingAccruedInterestPurchasedWithCreditDeteriorationAllowanceForCreditLossWriteoffAtAcquisitionDate
62400000 usd
CY2022Q3 us-gaap Financing Receivable Allowance For Credit Losses Individually Evaluated For Impairment1
FinancingReceivableAllowanceForCreditLossesIndividuallyEvaluatedForImpairment1
103058000 usd
CY2022Q3 us-gaap Financing Receivable Allowance For Credit Losses Collectively Evaluated For Impairment
FinancingReceivableAllowanceForCreditLossesCollectivelyEvaluatedForImpairment
372686000 usd
CY2022Q3 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
475744000 usd
CY2022Q3 us-gaap Financing Receivable Individually Evaluated For Impairment
FinancingReceivableIndividuallyEvaluatedForImpairment
345608000 usd
CY2022Q3 us-gaap Financing Receivable Collectively Evaluated For Impairment
FinancingReceivableCollectivelyEvaluatedForImpairment
44840156000 usd
CY2022Q3 us-gaap Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLoss
45185764000 usd
CY2021Q4 us-gaap Financing Receivable Allowance For Credit Losses Individually Evaluated For Impairment1
FinancingReceivableAllowanceForCreditLossesIndividuallyEvaluatedForImpairment1
71496000 usd
CY2021Q4 us-gaap Financing Receivable Allowance For Credit Losses Collectively Evaluated For Impairment
FinancingReceivableAllowanceForCreditLossesCollectivelyEvaluatedForImpairment
287706000 usd
CY2021Q4 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
359202000 usd
CY2021Q4 us-gaap Financing Receivable Individually Evaluated For Impairment
FinancingReceivableIndividuallyEvaluatedForImpairment
298795000 usd
CY2021Q4 us-gaap Financing Receivable Collectively Evaluated For Impairment
FinancingReceivableCollectivelyEvaluatedForImpairment
33854862000 usd
CY2021Q4 us-gaap Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLoss
34153657000 usd
CY2021Q4 us-gaap Goodwill
Goodwill
1459008000 usd
us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
412497000 usd
CY2022Q3 us-gaap Goodwill
Goodwill
1871505000 usd
us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 usd
us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 usd
CY2021Q3 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 usd
CY2022Q3 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 usd
CY2022Q3 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
394782000 usd
CY2022Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
186556000 usd
CY2022Q3 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
208226000 usd
CY2021Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
230018000 usd
CY2021Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
159632000 usd
CY2021Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
70386000 usd
us-gaap Mortgage Servicing Rights Msr Impairment Recovery
MortgageServicingRightsMSRImpairmentRecovery
0 usd
CY2022Q3 us-gaap Mortgage Servicing Rights Msr Impairment Recovery
MortgageServicingRightsMSRImpairmentRecovery
0 usd
CY2021Q3 us-gaap Mortgage Servicing Rights Msr Impairment Recovery
MortgageServicingRightsMSRImpairmentRecovery
-32000 usd
us-gaap Mortgage Servicing Rights Msr Impairment Recovery
MortgageServicingRightsMSRImpairmentRecovery
-864000 usd
CY2022Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
11100000 usd
CY2021Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
5300000 usd
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
26900000 usd
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
16800000 usd
CY2022Q3 us-gaap Short Term Debt Weighted Average Interest Rate
ShortTermDebtWeightedAverageInterestRate
0.0321
CY2021Q4 us-gaap Short Term Debt Weighted Average Interest Rate
ShortTermDebtWeightedAverageInterestRate
0.0037
CY2021Q4 vly Federal Home Loan Bank Advances Callable For Early Redemption
FederalHomeLoanBankAdvancesCallableForEarlyRedemption
0 usd
CY2022Q3 us-gaap Common Stock Capital Shares Reserved For Future Issuance
CommonStockCapitalSharesReservedForFutureIssuance
5100000 shares
CY2022Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
7600000 usd
CY2021Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
5200000 usd
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
21000000 usd
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
15900000 usd
CY2022Q3 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
40000000 usd
us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P2Y1M6D
CY2022Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification Before Tax Parent
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationBeforeTaxParent
-6000 usd
CY2021Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification Before Tax Parent
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationBeforeTaxParent
-144000 usd
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification Before Tax Parent
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationBeforeTaxParent
435000 usd
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification Before Tax Parent
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationBeforeTaxParent
-125000 usd
CY2022Q3 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
463000 usd
CY2021Q3 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
216000 usd
us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
-1191000 usd
us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
-209000 usd
CY2022Q3 us-gaap Derivative Net Liability Position Aggregate Fair Value
DerivativeNetLiabilityPositionAggregateFairValue
0 usd
CY2022Q3 us-gaap Affordable Housing Tax Credits And Other Tax Benefits Amount
AffordableHousingTaxCreditsAndOtherTaxBenefitsAmount
1184000 usd
CY2021Q3 us-gaap Affordable Housing Tax Credits And Other Tax Benefits Amount
AffordableHousingTaxCreditsAndOtherTaxBenefitsAmount
948000 usd
us-gaap Affordable Housing Tax Credits And Other Tax Benefits Amount
AffordableHousingTaxCreditsAndOtherTaxBenefitsAmount
3542000 usd
us-gaap Affordable Housing Tax Credits And Other Tax Benefits Amount
AffordableHousingTaxCreditsAndOtherTaxBenefitsAmount
2744000 usd
CY2022Q3 vly Other Tax Credit Investment Credits And Tax Benefits
OtherTaxCreditInvestmentCreditsAndTaxBenefits
2557000 usd
CY2021Q3 vly Other Tax Credit Investment Credits And Tax Benefits
OtherTaxCreditInvestmentCreditsAndTaxBenefits
2702000 usd
vly Other Tax Credit Investment Credits And Tax Benefits
OtherTaxCreditInvestmentCreditsAndTaxBenefits
7647000 usd
vly Other Tax Credit Investment Credits And Tax Benefits
OtherTaxCreditInvestmentCreditsAndTaxBenefits
8130000 usd
CY2022Q3 vly Income Tax Expense Benefit Reduction From Affordable Housing Tax Credits And Other Tax Credit Investments
IncomeTaxExpenseBenefitReductionFromAffordableHousingTaxCreditsAndOtherTaxCreditInvestments
3741000 usd
CY2021Q3 vly Income Tax Expense Benefit Reduction From Affordable Housing Tax Credits And Other Tax Credit Investments
IncomeTaxExpenseBenefitReductionFromAffordableHousingTaxCreditsAndOtherTaxCreditInvestments
3650000 usd
vly Income Tax Expense Benefit Reduction From Affordable Housing Tax Credits And Other Tax Credit Investments
IncomeTaxExpenseBenefitReductionFromAffordableHousingTaxCreditsAndOtherTaxCreditInvestments
11189000 usd
vly Income Tax Expense Benefit Reduction From Affordable Housing Tax Credits And Other Tax Credit Investments
IncomeTaxExpenseBenefitReductionFromAffordableHousingTaxCreditsAndOtherTaxCreditInvestments
10874000 usd
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
4 segment
CY2022Q3 vly Average Interest Earning Assets
AverageInterestEarningAssets
50531242000 usd
CY2022Q3 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
536728000 usd
CY2022Q3 us-gaap Interest Expense
InterestExpense
82736000 usd
CY2022Q3 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
453992000 usd
CY2022Q3 vly Allowance For Credit Loss Expense Reversal Including Debt Securities Held To Maturity
AllowanceForCreditLossExpenseReversalIncludingDebtSecuritiesHeldToMaturity
2023000 usd
CY2022Q3 us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
451969000 usd
CY2022Q3 us-gaap Noninterest Income
NoninterestIncome
56194000 usd
CY2022Q3 us-gaap Noninterest Expense
NoninterestExpense
261639000 usd
CY2022Q3 vly Internal Expense Transfer On Business Segments
InternalExpenseTransferOnBusinessSegments
0 usd
CY2022Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
246524000 usd
CY2022Q3 vly Return On Average Interest Earning Assets Before Tax
ReturnOnAverageInterestEarningAssetsBeforeTax
0.0195
CY2021Q3 vly Average Interest Earning Assets
AverageInterestEarningAssets
38332874000 usd
CY2021Q3 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
328801000 usd
CY2021Q3 us-gaap Interest Expense
InterestExpense
27775000 usd
CY2021Q3 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
301026000 usd
CY2021Q3 vly Allowance For Credit Loss Expense Reversal Including Debt Securities Held To Maturity
AllowanceForCreditLossExpenseReversalIncludingDebtSecuritiesHeldToMaturity
3531000 usd
CY2021Q3 us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
297495000 usd
CY2021Q3 us-gaap Noninterest Income
NoninterestIncome
42431000 usd
CY2021Q3 us-gaap Noninterest Expense
NoninterestExpense
174922000 usd
CY2021Q3 vly Internal Expense Transfer On Business Segments
InternalExpenseTransferOnBusinessSegments
0 usd
CY2021Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
165004000 usd
CY2021Q3 vly Return On Average Interest Earning Assets Before Tax
ReturnOnAverageInterestEarningAssetsBeforeTax
0.0172
vly Average Interest Earning Assets
AverageInterestEarningAssets
46605417000 usd
us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
1330133000 usd
us-gaap Interest Expense
InterestExpense
140312000 usd
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
1189821000 usd
vly Allowance For Credit Loss Expense Reversal Including Debt Securities Held To Maturity
AllowanceForCreditLossExpenseReversalIncludingDebtSecuritiesHeldToMaturity
49578000 usd
us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
1140243000 usd
us-gaap Noninterest Income
NoninterestIncome
153997000 usd
us-gaap Noninterest Expense
NoninterestExpense
758709000 usd
vly Internal Expense Transfer On Business Segments
InternalExpenseTransferOnBusinessSegments
0 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
535531000 usd
vly Return On Average Interest Earning Assets Before Tax
ReturnOnAverageInterestEarningAssetsBeforeTax
0.0153
vly Average Interest Earning Assets
AverageInterestEarningAssets
37902547000 usd
us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
994247000 usd
us-gaap Interest Expense
InterestExpense
99647000 usd
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
894600000 usd
vly Allowance For Credit Loss Expense Reversal Including Debt Securities Held To Maturity
AllowanceForCreditLossExpenseReversalIncludingDebtSecuritiesHeldToMaturity
20934000 usd
us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
873666000 usd
us-gaap Noninterest Income
NoninterestIncome
116790000 usd
us-gaap Noninterest Expense
NoninterestExpense
507028000 usd
vly Internal Expense Transfer On Business Segments
InternalExpenseTransferOnBusinessSegments
0 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
483428000 usd
vly Return On Average Interest Earning Assets Before Tax
ReturnOnAverageInterestEarningAssetsBeforeTax
0.0170

Files In Submission

Name View Source Status
vly-20220930_cal.xml Edgar Link unprocessable
vly-20220930_lab.xml Edgar Link unprocessable
0000714310-22-000134-index-headers.html Edgar Link pending
0000714310-22-000134-index.html Edgar Link pending
0000714310-22-000134.txt Edgar Link pending
0000714310-22-000134-xbrl.zip Edgar Link pending
Financial_Report.xlsx Edgar Link pending
MetaLinks.json Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R60.htm Edgar Link pending
R61.htm Edgar Link pending
R62.htm Edgar Link pending
R63.htm Edgar Link pending
R64.htm Edgar Link pending
R65.htm Edgar Link pending
R66.htm Edgar Link pending
R67.htm Edgar Link pending
R68.htm Edgar Link pending
R69.htm Edgar Link pending
R7.htm Edgar Link pending
R70.htm Edgar Link pending
R71.htm Edgar Link pending
R72.htm Edgar Link pending
R73.htm Edgar Link pending
R74.htm Edgar Link pending
R75.htm Edgar Link pending
R76.htm Edgar Link pending
R77.htm Edgar Link pending
R78.htm Edgar Link pending
R79.htm Edgar Link pending
R8.htm Edgar Link pending
R80.htm Edgar Link pending
R81.htm Edgar Link pending
R82.htm Edgar Link pending
R83.htm Edgar Link pending
R84.htm Edgar Link pending
R85.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending
vly-09302022ex311.htm Edgar Link pending
vly-09302022ex312.htm Edgar Link pending
vly-09302022ex32.htm Edgar Link pending
vly-20220930.htm Edgar Link pending
vly-20220930.xsd Edgar Link pending
vly-20220930_def.xml Edgar Link unprocessable
vly-20220930_htm.xml Edgar Link completed
vly-20220930_pre.xml Edgar Link unprocessable