$VLY
VALLEY NATIONAL BANCORP Stock $vly

$vly Overview Financials Valuation SEC Filings Company Website

2023 Q3 Form 10-Q Financial Statement

#000071431023000124 Filed on August 07, 2023

Income Statement

Concept	2023 Q3	2023 Q2	2022 Q2
Revenue	$813.0M	$787.5M	$452.9M
YoY Change	51.48%	73.85%	35.76%
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	$20.45M	$19.72M	$30.24M
YoY Change	-32.84%	-34.78%	55.87%
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change
Interest Expense	$400.6M	$367.7M	$34.79M
YoY Change	384.19%	956.99%	6.25%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income	$194.8M	$190.8M	$133.0M
YoY Change	-20.97%	43.51%	-18.62%
Income Tax	$53.49M	$51.76M	$36.55M
% Of Pretax Income	27.45%	27.12%	27.49%
Net Earnings	$141.3M	$135.0M	$96.41M
YoY Change	-20.65%	40.05%	-20.0%
Net Earnings / Revenue	17.39%	17.15%	21.29%
Basic Earnings Per Share	$0.27	$0.27	$0.18
Diluted Earnings Per Share	$0.27	$0.27	$189.6K
COMMON SHARES
Basic Shares Outstanding	507.6M shares	507.9M shares	506.3M shares
Diluted Shares Outstanding	509.3M shares	508.6M shares	508.5M shares

Balance Sheet

Concept	2023 Q3	2023 Q2	2022 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents	$1.144B	$1.954B	$1.388B
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	$388.0M	$746.3M	$676.6M
YoY Change	-42.67%	10.3%	106.6%
Goodwill	$1.869B	$1.869B
YoY Change	-0.14%
Intangibles	$169.3M	$177.9M
YoY Change	-18.71%
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	$61.18B	$61.70B	$54.44B
YoY Change	9.4%	13.35%	31.9%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses	$2.206B	$1.919B	$1.370B
YoY Change	20.67%	40.13%	151.31%
Deferred Revenue
YoY Change
Short-Term Debt	$89.80M	$1.089B	$1.523B
YoY Change	-90.23%	-28.49%	78.24%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$2.295B	$3.008B	$1.370B
YoY Change	25.59%	119.64%	151.31%
LONG-TERM LIABILITIES
Long-Term Debt	$687.1M	$2.500B	$1.460B
YoY Change	-57.0%	71.22%	46.77%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities	$687.1M	$2.500B	$1.460B
YoY Change	-57.0%	71.22%	46.77%
TOTAL LIABILITIES
Total Short-Term Liabilities	$2.295B	$3.008B	$1.370B
Total Long-Term Liabilities	$687.1M	$2.500B	$1.460B
Total Liabilities	$54.56B	$55.13B	$48.23B
YoY Change	9.87%	14.29%	32.02%
SHAREHOLDERS EQUITY
Retained Earnings	$1.460B	$1.380B
YoY Change	32.65%
Common Stock	$5.161B	$5.153B
YoY Change	0.19%
Preferred Stock
YoY Change
Treasury Stock (at cost)	$1.719M	$1.988M
YoY Change	-92.21%
Treasury Stock Shares
Shareholders Equity	$6.627B	$6.575B	$6.205B
YoY Change
Total Liabilities & Shareholders Equity	$61.18B	$61.70B	$54.44B
YoY Change	9.4%	13.35%	31.9%

Cashflow Statement

Concept	2023 Q3	2023 Q2	2022 Q2
OPERATING ACTIVITIES
Net Income	$141.3M	$135.0M	$96.41M
YoY Change	-20.65%	40.05%	-20.0%
Depreciation, Depletion And Amortization	$20.45M	$19.72M	$30.24M
YoY Change	-32.84%	-34.78%	55.87%
Cash From Operating Activities	$374.1M	$552.4M	$309.5M
YoY Change	-11.99%	78.45%	119.68%
INVESTING ACTIVITIES
Capital Expenditures	$22.10M	$31.21M	-$12.42M
YoY Change	-244.02%	-351.35%	195.6%
Acquisitions
YoY Change
Other Investing Activities	-$243.9M	-$1.165B	-$1.728B
YoY Change	-84.68%	-32.61%	-1738.15%
Cash From Investing Activities	-$266.0M	-$1.196B	-$1.741B
YoY Change	-83.45%	-31.3%	-1818.33%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-918.7M	-3.108B	2.089B
YoY Change	-200.67%	-248.8%	-6772.62%
NET CHANGE
Cash From Operating Activities	374.1M	552.4M	309.5M
Cash From Investing Activities	-266.0M	-1.196B	-1.741B
Cash From Financing Activities	-918.7M	-3.108B	2.089B
Net Change In Cash	-810.6M	-3.751B	657.4M
YoY Change	200.26%	-670.63%	211.71%
FREE CASH FLOW
Cash From Operating Activities	$374.1M	$552.4M	$309.5M
Capital Expenditures	$22.10M	$31.21M	-$12.42M
Free Cash Flow	$352.0M	$521.2M	$321.9M
YoY Change	-20.08%	61.88%	121.88%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2022	us-gaap	Accounting Standards Update Extensible List AccountingStandardsUpdateExtensibleList	http://fasb.org/us-gaap/2023#AccountingStandardsUpdate202202Member
CY2023Q2	us-gaap	Bank Owned Life Insurance Income BankOwnedLifeInsuranceIncome	2443000	usd
CY2022Q2	us-gaap	Bank Owned Life Insurance Income BankOwnedLifeInsuranceIncome	2113000	usd
	us-gaap	Bank Owned Life Insurance Income BankOwnedLifeInsuranceIncome	5027000	usd
	us-gaap	Bank Owned Life Insurance Income BankOwnedLifeInsuranceIncome	4159000	usd
CY2023Q2	us-gaap	Noninterest Income Other NoninterestIncomeOther	11649000	usd
CY2022Q2	us-gaap	Noninterest Income Other NoninterestIncomeOther	12592000	usd
	us-gaap	Noninterest Income Other NoninterestIncomeOther	26451000	usd
	us-gaap	Noninterest Income Other NoninterestIncomeOther	19559000	usd
CY2023Q2	us-gaap	Noninterest Income NoninterestIncome	60075000	usd
CY2022Q2	us-gaap	Noninterest Income NoninterestIncome	58533000	usd
	us-gaap	Noninterest Income NoninterestIncome	114374000	usd
	us-gaap	Noninterest Income NoninterestIncome	97803000	usd
CY2023Q2	us-gaap	Labor And Related Expense LaborAndRelatedExpense	149594000	usd
CY2022Q2	us-gaap	Labor And Related Expense LaborAndRelatedExpense	154798000	usd
	us-gaap	Labor And Related Expense LaborAndRelatedExpense	294580000	usd
	us-gaap	Labor And Related Expense LaborAndRelatedExpense	262531000	usd
CY2023Q2	us-gaap	Occupancy Net OccupancyNet	25949000	usd
CY2022Q2	us-gaap	Occupancy Net OccupancyNet	22429000	usd
	us-gaap	Occupancy Net OccupancyNet	49205000	usd
	us-gaap	Occupancy Net OccupancyNet	44420000	usd
CY2023Q2	vly	Technology Furniture And Equipment Expense TechnologyFurnitureAndEquipmentExpense	32476000	usd
CY2022Q2	vly	Technology Furniture And Equipment Expense TechnologyFurnitureAndEquipmentExpense	49866000	usd
	vly	Technology Furniture And Equipment Expense TechnologyFurnitureAndEquipmentExpense	68984000	usd
	vly	Technology Furniture And Equipment Expense TechnologyFurnitureAndEquipmentExpense	75880000	usd
CY2023Q2	us-gaap	Federal Deposit Insurance Corporation Premium Expense FederalDepositInsuranceCorporationPremiumExpense	10426000	usd
CY2022Q2	us-gaap	Federal Deposit Insurance Corporation Premium Expense FederalDepositInsuranceCorporationPremiumExpense	5351000	usd
	us-gaap	Federal Deposit Insurance Corporation Premium Expense FederalDepositInsuranceCorporationPremiumExpense	19581000	usd
	us-gaap	Federal Deposit Insurance Corporation Premium Expense FederalDepositInsuranceCorporationPremiumExpense	9509000	usd
CY2023Q2	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	9812000	usd
CY2022Q2	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	11400000	usd
	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	20331000	usd
	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	15837000	usd
CY2023Q2	vly	Professional And Legal Fees ProfessionalAndLegalFees	21406000	usd
CY2022Q2	vly	Professional And Legal Fees ProfessionalAndLegalFees	30409000	usd
	vly	Professional And Legal Fees ProfessionalAndLegalFees	38220000	usd
	vly	Professional And Legal Fees ProfessionalAndLegalFees	45158000	usd
CY2023Q2	vly	Investment Tax Credit Amortization InvestmentTaxCreditAmortization	5018000	usd
CY2022Q2	vly	Investment Tax Credit Amortization InvestmentTaxCreditAmortization	3193000	usd
	vly	Investment Tax Credit Amortization InvestmentTaxCreditAmortization	9271000	usd
	vly	Investment Tax Credit Amortization InvestmentTaxCreditAmortization	6089000	usd
CY2023Q2	us-gaap	Other Noninterest Expense OtherNoninterestExpense	28290000	usd
CY2022Q2	us-gaap	Other Noninterest Expense OtherNoninterestExpense	22284000	usd
	us-gaap	Other Noninterest Expense OtherNoninterestExpense	54965000	usd
	us-gaap	Other Noninterest Expense OtherNoninterestExpense	37646000	usd
CY2023Q2	us-gaap	Noninterest Expense NoninterestExpense	282971000	usd
CY2022Q2	us-gaap	Noninterest Expense NoninterestExpense	299730000	usd
	us-gaap	Noninterest Expense NoninterestExpense	555137000	usd
	us-gaap	Noninterest Expense NoninterestExpense	497070000	usd
CY2023Q2	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	190819000	usd
CY2022Q2	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	132965000	usd
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	394535000	usd
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	289007000	usd
CY2023Q2	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	51759000	usd
CY2022Q2	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	36552000	usd
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	108924000	usd
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	75866000	usd
CY2023Q2	us-gaap	Net Income Loss NetIncomeLoss	139060000	usd
CY2022Q2	us-gaap	Net Income Loss NetIncomeLoss	96413000	usd
	us-gaap	Net Income Loss NetIncomeLoss	285611000	usd
	us-gaap	Net Income Loss NetIncomeLoss	213141000	usd
CY2023Q2	us-gaap	Preferred Stock Dividends Income Statement Impact PreferredStockDividendsIncomeStatementImpact	4030000	usd
CY2022Q2	us-gaap	Preferred Stock Dividends Income Statement Impact PreferredStockDividendsIncomeStatementImpact	3172000	usd
	us-gaap	Preferred Stock Dividends Income Statement Impact PreferredStockDividendsIncomeStatementImpact	7904000	usd
	us-gaap	Preferred Stock Dividends Income Statement Impact PreferredStockDividendsIncomeStatementImpact	6344000	usd
CY2023Q2	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	135030000	usd
CY2022Q2	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	93241000	usd
	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	277707000	usd
	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	206797000	usd
CY2023Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.27
CY2022Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.18
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.55
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.45
CY2023Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.27
CY2022Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.18
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.55
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.44
CY2023Q2	us-gaap	Net Income Loss NetIncomeLoss	139060000	usd
CY2022Q2	us-gaap	Net Income Loss NetIncomeLoss	96413000	usd
	us-gaap	Net Income Loss NetIncomeLoss	285611000	usd
	us-gaap	Net Income Loss NetIncomeLoss	213141000	usd
CY2023Q2	us-gaap	Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax	-18051000	usd
CY2022Q2	us-gaap	Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax	-52269000	usd
	us-gaap	Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax	-881000	usd
	us-gaap	Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax	-91161000	usd
CY2023Q2	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax	0	usd
CY2022Q2	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax	0	usd
	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax	0	usd
	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax	10000	usd
CY2023Q2	us-gaap	Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax	-18051000	usd
CY2022Q2	us-gaap	Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax	-52269000	usd
	us-gaap	Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax	-881000	usd
	us-gaap	Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax	-91171000	usd
CY2023Q2	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax	-3573000	usd
CY2022Q2	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax	-23000	usd
	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax	-775000	usd
	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax	195000	usd
CY2023Q2	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax	-516000	usd
CY2022Q2	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax	80000	usd
	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax	-895000	usd
	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax	-306000	usd
CY2023Q2	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax	-3057000	usd
CY2022Q2	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax	-103000	usd
	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax	120000	usd
	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax	501000	usd
CY2023Q2	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Net Of Tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax	-8000	usd
CY2022Q2	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Net Of Tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax	-133000	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	-16000	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	-265000	usd
CY2023Q2	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	-21100000	usd
CY2022Q2	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	-52239000	usd
	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	-745000	usd
	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	-90405000	usd
CY2023Q2	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	117960000	usd
CY2022Q2	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	44174000	usd
	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	284866000	usd
	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	122736000	usd
CY2022Q4	us-gaap	Stockholders Equity StockholdersEquity	6400802000	usd
CY2023Q1	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	-505000	usd
CY2023Q1	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	3750000	usd
CY2023Q1	us-gaap	Stockholders Equity StockholdersEquity	6511581000	usd
CY2023Q2	us-gaap	Net Income Loss NetIncomeLoss	139060000	usd
CY2023Q2	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-21100000	usd
CY2023Q2	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	8239000	usd
CY2023Q2	us-gaap	Treasury Stock Value Acquired Cost Method TreasuryStockValueAcquiredCostMethod	2092000	usd
CY2023Q2	us-gaap	Stockholders Equity StockholdersEquity	6575184000	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 New Issues StockIssuedDuringPeriodValueNewIssues	1117829000	usd
	us-gaap	Net Income Loss NetIncomeLoss	285611000	usd
	us-gaap	Depreciation Amortization And Accretion Net DepreciationAmortizationAndAccretionNet	21425000	usd
	us-gaap	Depreciation Amortization And Accretion Net DepreciationAmortizationAndAccretionNet	18297000	usd
	us-gaap	Share Based Compensation ShareBasedCompensation	16773000	usd
	us-gaap	Share Based Compensation ShareBasedCompensation	13420000	usd
	vly	Allowance For Credit Loss Expense Reversal Including Debt Securities Held To Maturity AllowanceForCreditLossExpenseReversalIncludingDebtSecuritiesHeldToMaturity	20487000	usd
	vly	Allowance For Credit Loss Expense Reversal Including Debt Securities Held To Maturity AllowanceForCreditLossExpenseReversalIncludingDebtSecuritiesHeldToMaturity	47555000	usd
	vly	Accretion Amortization Of Discounts And Premiums Investments And Borrowings AccretionAmortizationOfDiscountsAndPremiumsInvestmentsAndBorrowings	-639000	usd
	vly	Accretion Amortization Of Discounts And Premiums Investments And Borrowings AccretionAmortizationOfDiscountsAndPremiumsInvestmentsAndBorrowings	9680000	usd
	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	20331000	usd
	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	15837000	usd
	us-gaap	Debt Securities Gain Loss DebtSecuritiesGainLoss	-33000	usd
	us-gaap	Debt Securities Gain Loss DebtSecuritiesGainLoss	69000	usd
	us-gaap	Proceeds From Sale Of Loans Held For Sale ProceedsFromSaleOfLoansHeldForSale	72925000	usd
	us-gaap	Proceeds From Sale Of Loans Held For Sale ProceedsFromSaleOfLoansHeldForSale	331298000	usd
	us-gaap	Gain Loss On Sales Of Loans Net GainLossOnSalesOfLoansNet	1729000	usd
	us-gaap	Gain Loss On Sales Of Loans Net GainLossOnSalesOfLoansNet	4588000	usd
	us-gaap	Payments For Origination And Purchases Of Loans Held For Sale PaymentsForOriginationAndPurchasesOfLoansHeldForSale	76943000	usd
	us-gaap	Payments For Origination And Purchases Of Loans Held For Sale PaymentsForOriginationAndPurchasesOfLoansHeldForSale	210048000	usd
	us-gaap	Gain Loss On Disposition Of Assets1 GainLossOnDispositionOfAssets1	286000	usd
	us-gaap	Gain Loss On Disposition Of Assets1 GainLossOnDispositionOfAssets1	-265000	usd
	us-gaap	Change In Unrealized Gain Loss On Hedged Item In Fair Value Hedge1 ChangeInUnrealizedGainLossOnHedgedItemInFairValueHedge1	291000	usd
	us-gaap	Change In Unrealized Gain Loss On Hedged Item In Fair Value Hedge1 ChangeInUnrealizedGainLossOnHedgedItemInFairValueHedge1	20194000	usd
	us-gaap	Increase Decrease In Debt Securities Trading IncreaseDecreaseInDebtSecuritiesTrading	-10029000	usd
	us-gaap	Increase Decrease In Debt Securities Trading IncreaseDecreaseInDebtSecuritiesTrading	-39580000	usd
	vly	Increase Decrease Right Of Use Of Asset Lease IncreaseDecreaseRightOfUseOfAssetLease	53412000	usd
	vly	Increase Decrease Right Of Use Of Asset Lease IncreaseDecreaseRightOfUseOfAssetLease	-521000	usd
	vly	Increase Decrease In Bank Owned Life Insurance IncreaseDecreaseInBankOwnedLifeInsurance	5722000	usd
	vly	Increase Decrease In Bank Owned Life Insurance IncreaseDecreaseInBankOwnedLifeInsurance	4159000	usd
	us-gaap	Increase Decrease In Accrued Interest Receivable Net IncreaseDecreaseInAccruedInterestReceivableNet	29312000	usd
	us-gaap	Increase Decrease In Accrued Interest Receivable Net IncreaseDecreaseInAccruedInterestReceivableNet	12083000	usd
	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	230017000	usd
	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	191597000	usd
	us-gaap	Increase Decrease In Other Accounts Payable And Accrued Liabilities IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities	233419000	usd
	us-gaap	Increase Decrease In Other Accounts Payable And Accrued Liabilities IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities	558675000	usd
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	282682000	usd
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	805531000	usd
	us-gaap	Payments To Acquire Loans Receivable PaymentsToAcquireLoansReceivable	3009649000	usd
	us-gaap	Payments To Acquire Loans Receivable PaymentsToAcquireLoansReceivable	3495486000	usd
	us-gaap	Payments To Acquire Equity Securities Fv Ni PaymentsToAcquireEquitySecuritiesFvNi	9662000	usd
	us-gaap	Payments To Acquire Equity Securities Fv Ni PaymentsToAcquireEquitySecuritiesFvNi	1538000	usd
	us-gaap	Proceeds From Sale Of Equity Securities Fv Ni ProceedsFromSaleOfEquitySecuritiesFvNi	771000	usd
	us-gaap	Proceeds From Sale Of Equity Securities Fv Ni ProceedsFromSaleOfEquitySecuritiesFvNi	1110000	usd
	us-gaap	Payments To Acquire Held To Maturity Securities PaymentsToAcquireHeldToMaturitySecurities	114544000	usd
	us-gaap	Payments To Acquire Held To Maturity Securities PaymentsToAcquireHeldToMaturitySecurities	545934000	usd
	us-gaap	Proceeds From Maturities Prepayments And Calls Of Held To Maturity Securities ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities	175492000	usd
	us-gaap	Proceeds From Maturities Prepayments And Calls Of Held To Maturity Securities ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities	294052000	usd
	us-gaap	Payments To Acquire Available For Sale Securities Debt PaymentsToAcquireAvailableForSaleSecuritiesDebt	41470000	usd
	us-gaap	Payments To Acquire Available For Sale Securities Debt PaymentsToAcquireAvailableForSaleSecuritiesDebt	38000000	usd
	us-gaap	Proceeds From Sale Of Available For Sale Securities Debt ProceedsFromSaleOfAvailableForSaleSecuritiesDebt	17910000	usd
	us-gaap	Proceeds From Sale Of Available For Sale Securities Debt ProceedsFromSaleOfAvailableForSaleSecuritiesDebt	12846000	usd
	us-gaap	Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities	44534000	usd
	us-gaap	Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities	150262000	usd
	us-gaap	Proceeds From Life Insurance Policies ProceedsFromLifeInsurancePolicies	5218000	usd
	us-gaap	Proceeds From Life Insurance Policies ProceedsFromLifeInsurancePolicies	3089000	usd
	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	490000	usd
	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	7265000	usd
	us-gaap	Payments To Acquire Businesses Net Of Cash Acquired PaymentsToAcquireBusinessesNetOfCashAcquired	0	usd
	us-gaap	Payments To Acquire Businesses Net Of Cash Acquired PaymentsToAcquireBusinessesNetOfCashAcquired	-321540000	usd
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-2980378000	usd
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-3325958000	usd
	us-gaap	Increase Decrease In Deposits IncreaseDecreaseInDeposits	1982901000	usd
	us-gaap	Increase Decrease In Deposits IncreaseDecreaseInDeposits	1218642000	usd
	us-gaap	Proceeds From Repayments Of Short Term Debt ProceedsFromRepaymentsOfShortTermDebt	950170000	usd
	us-gaap	Proceeds From Repayments Of Short Term Debt ProceedsFromRepaymentsOfShortTermDebt	763284000	usd
	us-gaap	Proceeds From Issuance Of Long Term Debt ProceedsFromIssuanceOfLongTermDebt	1250000000	usd
	us-gaap	Proceeds From Issuance Of Long Term Debt ProceedsFromIssuanceOfLongTermDebt	0	usd
	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	350000000	usd
	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	0	usd
	us-gaap	Payments Of Dividends Preferred Stock And Preference Stock PaymentsOfDividendsPreferredStockAndPreferenceStock	7904000	usd
	us-gaap	Payments Of Dividends Preferred Stock And Preference Stock PaymentsOfDividendsPreferredStockAndPreferenceStock	6344000	usd
	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	113611000	usd
	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	92618000	usd
	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	11133000	usd
	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	23886000	usd
	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	3750000	usd
	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	106000	usd
	us-gaap	Proceeds From Payments For Other Financing Activities ProceedsFromPaymentsForOtherFinancingActivities	-15000	usd
	us-gaap	Proceeds From Payments For Other Financing Activities ProceedsFromPaymentsForOtherFinancingActivities	-365000	usd
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	3704158000	usd
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	1858819000	usd
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	1006462000	usd
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-661608000	usd
CY2023Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	1954409000	usd
CY2022Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	1388312000	usd
	us-gaap	Interest Paid Net InterestPaidNet	571741000	usd
	us-gaap	Interest Paid Net InterestPaidNet	57151000	usd
	us-gaap	Income Taxes Paid IncomeTaxesPaid	122130000	usd
	us-gaap	Income Taxes Paid IncomeTaxesPaid	77285000	usd
	us-gaap	Right Of Use Asset Obtained In Exchange For Operating Lease Liability RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability	81727000	usd
	vly	Noncash Or Part Noncash Acquisition Investment Equity Securities Acquired NoncashOrPartNoncashAcquisitionInvestmentEquitySecuritiesAcquired	0	usd
	vly	Noncash Or Part Noncash Acquisition Investment Equity Securities Acquired NoncashOrPartNoncashAcquisitionInvestmentEquitySecuritiesAcquired	6239000	usd
	vly	Noncash Or Part Noncash Acquisition Available For Sale Investments Acquired NoncashOrPartNoncashAcquisitionAvailableForSaleInvestmentsAcquired	0	usd
	vly	Noncash Or Part Noncash Acquisition Available For Sale Investments Acquired NoncashOrPartNoncashAcquisitionAvailableForSaleInvestmentsAcquired	505928000	usd
	vly	Noncash Or Part Noncash Acquisition Investments Acquired Held To Maturity NoncashOrPartNoncashAcquisitionInvestmentsAcquiredHeldToMaturity	0	usd
	vly	Noncash Or Part Noncash Acquisition Investments Acquired Held To Maturity NoncashOrPartNoncashAcquisitionInvestmentsAcquiredHeldToMaturity	806627000	usd
	vly	Noncash Or Part Noncash Acquisition Loans Assumed NoncashOrPartNoncashAcquisitionLoansAssumed	0	usd
	vly	Noncash Or Part Noncash Acquisition Loans Assumed NoncashOrPartNoncashAcquisitionLoansAssumed	5844070000	usd
	us-gaap	Noncash Or Part Noncash Acquisition Fixed Assets Acquired1 NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1	0	usd
	us-gaap	Noncash Or Part Noncash Acquisition Fixed Assets Acquired1 NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1	38827000	usd
	vly	Noncash Or Part Noncash Acquisition Operating Lease Right Of Use Assets Acquired NoncashOrPartNoncashAcquisitionOperatingLeaseRightOfUseAssetsAcquired	0	usd
	vly	Noncash Or Part Noncash Acquisition Operating Lease Right Of Use Assets Acquired NoncashOrPartNoncashAcquisitionOperatingLeaseRightOfUseAssetsAcquired	49434000	usd
	vly	Noncash Or Part Noncash Acquisition Bank Owned Life Insurance Acquired NoncashOrPartNoncashAcquisitionBankOwnedLifeInsuranceAcquired	0	usd
	vly	Noncash Or Part Noncash Acquisition Bank Owned Life Insurance Acquired NoncashOrPartNoncashAcquisitionBankOwnedLifeInsuranceAcquired	126861000	usd
	vly	Noncash Or Part Noncash Acquisition Accrued Interest Receivable Acquired NoncashOrPartNoncashAcquisitionAccruedInterestReceivableAcquired	0	usd
	vly	Noncash Or Part Noncash Acquisition Accrued Interest Receivable Acquired NoncashOrPartNoncashAcquisitionAccruedInterestReceivableAcquired	25717000	usd
	vly	Noncash Or Part Noncash Acquisition Goodwill Acquired NoncashOrPartNoncashAcquisitionGoodwillAcquired	0	usd
	vly	Noncash Or Part Noncash Acquisition Goodwill Acquired NoncashOrPartNoncashAcquisitionGoodwillAcquired	407522000	usd
	us-gaap	Noncash Or Part Noncash Acquisition Intangible Assets Acquired1 NoncashOrPartNoncashAcquisitionIntangibleAssetsAcquired1	0	usd
	us-gaap	Noncash Or Part Noncash Acquisition Intangible Assets Acquired1 NoncashOrPartNoncashAcquisitionIntangibleAssetsAcquired1	159587000	usd
	us-gaap	Noncash Or Part Noncash Acquisition Other Assets Acquired1 NoncashOrPartNoncashAcquisitionOtherAssetsAcquired1	0	usd
	us-gaap	Noncash Or Part Noncash Acquisition Other Assets Acquired1 NoncashOrPartNoncashAcquisitionOtherAssetsAcquired1	158352000	usd
	us-gaap	Noncash Or Part Noncash Acquisition Value Of Assets Acquired1 NoncashOrPartNoncashAcquisitionValueOfAssetsAcquired1	0	usd
	us-gaap	Noncash Or Part Noncash Acquisition Value Of Assets Acquired1 NoncashOrPartNoncashAcquisitionValueOfAssetsAcquired1	8129164000	usd
	vly	Noncash Or Part Noncash Acquisition Deposits NoncashOrPartNoncashAcquisitionDeposits	0	usd
	vly	Noncash Or Part Noncash Acquisition Deposits NoncashOrPartNoncashAcquisitionDeposits	7029997000	usd
	vly	Noncash Or Part Noncash Acquisition Short Term Debt Assumed NoncashOrPartNoncashAcquisitionShortTermDebtAssumed	0	usd
	vly	Noncash Or Part Noncash Acquisition Short Term Debt Assumed NoncashOrPartNoncashAcquisitionShortTermDebtAssumed	103794000	usd
	vly	Noncash Or Part Noncash Acquisition Lease Liabilities Assumed NoncashOrPartNoncashAcquisitionLeaseLiabilitiesAssumed	0	usd
	vly	Noncash Or Part Noncash Acquisition Lease Liabilities Assumed NoncashOrPartNoncashAcquisitionLeaseLiabilitiesAssumed	79844000	usd
	vly	Noncash Or Part Noncash Acquisition Accrued Expenses And Other Liabilities NoncashOrPartNoncashAcquisitionAccruedExpensesAndOtherLiabilities	0	usd
	vly	Noncash Or Part Noncash Acquisition Accrued Expenses And Other Liabilities NoncashOrPartNoncashAcquisitionAccruedExpensesAndOtherLiabilities	119240000	usd
	us-gaap	Noncash Or Part Noncash Acquisition Value Of Liabilities Assumed1 NoncashOrPartNoncashAcquisitionValueOfLiabilitiesAssumed1	0	usd
	us-gaap	Noncash Or Part Noncash Acquisition Value Of Liabilities Assumed1 NoncashOrPartNoncashAcquisitionValueOfLiabilitiesAssumed1	7332875000	usd
	us-gaap	Noncash Or Part Noncash Acquisition Net Nonmonetary Assets Acquired Liabilities Assumed1 NoncashOrPartNoncashAcquisitionNetNonmonetaryAssetsAcquiredLiabilitiesAssumed1	0	usd
	us-gaap	Noncash Or Part Noncash Acquisition Net Nonmonetary Assets Acquired Liabilities Assumed1 NoncashOrPartNoncashAcquisitionNetNonmonetaryAssetsAcquiredLiabilitiesAssumed1	796289000	usd
CY2023Q2	vly	Noncash Or Part Noncash Acquisition Net Cash And Cash Equivalents Acquired NoncashOrPartNoncashAcquisitionNetCashAndCashEquivalentsAcquired	0	usd
CY2022Q2	vly	Noncash Or Part Noncash Acquisition Net Cash And Cash Equivalents Acquired NoncashOrPartNoncashAcquisitionNetCashAndCashEquivalentsAcquired	321540000	usd
	us-gaap	Stock Issued1 StockIssued1	0	usd
	us-gaap	Stock Issued1 StockIssued1	1117829000	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
	us-gaap	Payments For Merger Related Costs PaymentsForMergerRelatedCosts	4100000	usd
CY2023Q2	us-gaap	Payments For Merger Related Costs PaymentsForMergerRelatedCosts	0	usd
CY2023Q2	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	135030000	usd
CY2022Q2	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	93241000	usd
	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	277707000	usd
	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	206797000	usd
CY2023Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	507690043	shares
CY2022Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	506302464	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	507402268	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	464172210	shares
CY2023Q2	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	952982	shares
CY2022Q2	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	2176742	shares
	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	1674035	shares
	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	2148473	shares
CY2023Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	508643025	shares
CY2022Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	508479206	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	509076303	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	466320683	shares
CY2023Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.27
CY2022Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.18
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.55
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.45
CY2023Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.27
CY2022Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.18
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.55
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.44
CY2023Q2	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	7200000	shares
CY2022Q2	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	2200000	shares
	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	3000000	shares
	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	1100000	shares
CY2023Q2	us-gaap	Oci Before Reclassifications Net Of Tax Attributable To Parent OciBeforeReclassificationsNetOfTaxAttributableToParent	-21624000	usd
CY2023Q2	us-gaap	Reclassification From Aoci Current Period Net Of Tax Attributable To Parent ReclassificationFromAociCurrentPeriodNetOfTaxAttributableToParent	-524000	usd
CY2023Q2	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	-21100000	usd
	us-gaap	Oci Before Reclassifications Net Of Tax Attributable To Parent OciBeforeReclassificationsNetOfTaxAttributableToParent	-1656000	usd
	us-gaap	Reclassification From Aoci Current Period Net Of Tax Attributable To Parent ReclassificationFromAociCurrentPeriodNetOfTaxAttributableToParent	-911000	usd
	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	-745000	usd
CY2023Q2	us-gaap	Principal Amount Outstanding On Loans Held For Sale Or Securitization PrincipalAmountOutstandingOnLoansHeldForSaleOrSecuritization	23000000	usd
CY2022Q4	us-gaap	Principal Amount Outstanding On Loans Held For Sale Or Securitization PrincipalAmountOutstandingOnLoansHeldForSaleOrSecuritization	17900000	usd
CY2023Q2	vly	Financing Receivable Transferred To Held For Sale FinancingReceivableTransferredToHeldForSale	1	position
CY2023Q2	us-gaap	Financing Receivable Reclassification To Held For Sale FinancingReceivableReclassificationToHeldForSale	10000000	usd
CY2023Q2	us-gaap	Financing Receivable Allowance For Credit Losses Write Offs FinancingReceivableAllowanceForCreditLossesWriteOffs	4200000	usd
CY2023Q2	vly	Collateral Dependent Impaired Loans Carrying Value CollateralDependentImpairedLoansCarryingValue	125000000	usd
CY2023Q2	vly	Impaired Loans Specific Valuation Allowance Allocation ImpairedLoansSpecificValuationAllowanceAllocation	61000000	usd
CY2022Q4	vly	Foreclosed Assets Discount Adjustment Rate ForeclosedAssetsDiscountAdjustmentRate	0
CY2023Q2	vly	Foreclosed Assets Discount Adjustment Rate ForeclosedAssetsDiscountAdjustmentRate	0
CY2023Q2	us-gaap	Equity Securities Fv Ni EquitySecuritiesFvNi	61000000	usd
CY2022Q4	us-gaap	Equity Securities Fv Ni EquitySecuritiesFvNi	48700000	usd
CY2023Q2	us-gaap	Trading Securities Debt TradingSecuritiesDebt	3400000	usd
CY2022Q4	us-gaap	Trading Securities Debt TradingSecuritiesDebt	13400000	usd
CY2023Q2	us-gaap	Debt Securities Trading Realized Gain DebtSecuritiesTradingRealizedGain	226000	usd
	us-gaap	Debt Securities Trading Realized Gain DebtSecuritiesTradingRealizedGain	628000	usd
CY2022Q2	us-gaap	Debt Securities Trading Realized Loss DebtSecuritiesTradingRealizedLoss	387000	usd
	us-gaap	Debt Securities Trading Realized Loss DebtSecuritiesTradingRealizedLoss	1400000	usd
CY2023Q2	us-gaap	Debt Securities Available For Sale Amortized Cost Excluding Accrued Interest After Allowance For Credit Loss DebtSecuritiesAvailableForSaleAmortizedCostExcludingAccruedInterestAfterAllowanceForCreditLoss	1414680000	usd
CY2023Q2	us-gaap	Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax	39000	usd
CY2023Q2	us-gaap	Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax	177773000	usd
CY2023Q2	us-gaap	Debt Securities Available For Sale Excluding Accrued Interest DebtSecuritiesAvailableForSaleExcludingAccruedInterest	1236946000	usd
CY2022Q4	us-gaap	Debt Securities Available For Sale Amortized Cost Excluding Accrued Interest After Allowance For Credit Loss DebtSecuritiesAvailableForSaleAmortizedCostExcludingAccruedInterestAfterAllowanceForCreditLoss	1437911000	usd
CY2022Q4	us-gaap	Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax	111000	usd
CY2022Q4	us-gaap	Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax	176625000	usd
CY2022Q4	us-gaap	Debt Securities Available For Sale Excluding Accrued Interest DebtSecuritiesAvailableForSaleExcludingAccruedInterest	1261397000	usd
CY2023Q2	us-gaap	Debt Securities Available For Sale Accrued Interest After Allowance For Credit Loss DebtSecuritiesAvailableForSaleAccruedInterestAfterAllowanceForCreditLoss	4900000	usd
CY2022Q4	us-gaap	Debt Securities Available For Sale Accrued Interest After Allowance For Credit Loss DebtSecuritiesAvailableForSaleAccruedInterestAfterAllowanceForCreditLoss	5600000	usd
CY2023Q2	us-gaap	Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months	77981000	usd
CY2023Q2	us-gaap	Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss	9198000	usd
CY2023Q2	us-gaap	Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger	1132478000	usd
CY2023Q2	us-gaap	Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss	168575000	usd
CY2023Q2	us-gaap	Debt Securities Available For Sale Unrealized Loss Position DebtSecuritiesAvailableForSaleUnrealizedLossPosition	1210459000	usd
CY2023Q2	us-gaap	Debt Securities Available For Sale Unrealized Loss Position Accumulated Loss DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss	177773000	usd
CY2022Q4	us-gaap	Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months	874061000	usd
CY2022Q4	us-gaap	Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss	97008000	usd
CY2022Q4	us-gaap	Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger	380921000	usd
CY2022Q4	us-gaap	Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss	79617000	usd
CY2022Q4	us-gaap	Debt Securities Available For Sale Unrealized Loss Position DebtSecuritiesAvailableForSaleUnrealizedLossPosition	1254982000	usd
CY2022Q4	us-gaap	Debt Securities Available For Sale Unrealized Loss Position Accumulated Loss DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss	176625000	usd
CY2023Q2	us-gaap	Debt Securities Available For Sale Unrealized Loss Position Number Of Positions DebtSecuritiesAvailableForSaleUnrealizedLossPositionNumberOfPositions	725	position
CY2022Q4	us-gaap	Debt Securities Available For Sale Unrealized Loss Position Number Of Positions DebtSecuritiesAvailableForSaleUnrealizedLossPositionNumberOfPositions	730	position
CY2023Q2	us-gaap	Debt Securities Available For Sale Restricted DebtSecuritiesAvailableForSaleRestricted	847100000	usd
CY2023Q2	us-gaap	Available For Sale Securities Debt Maturities Within One Year Amortized Cost AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearAmortizedCost	2350000	usd
CY2023Q2	us-gaap	Available For Sale Securities Debt Maturities Within One Year Fair Value AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue	2322000	usd
CY2023Q2	us-gaap	Available For Sale Securities Debt Maturities After One Through Five Years Amortized Cost AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsAmortizedCost	282534000	usd
CY2023Q2	us-gaap	Available For Sale Securities Debt Maturities After One Through Five Years Fair Value AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue	265870000	usd
CY2023Q2	us-gaap	Available For Sale Securities Debt Maturities After Five Through Ten Years Amortized Cost AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsAmortizedCost	175056000	usd
CY2023Q2	us-gaap	Available For Sale Securities Debt Maturities After Five Through Ten Years Fair Value AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue	148811000	usd
CY2023Q2	us-gaap	Available For Sale Securities Debt Maturities After Ten Years Amortized Cost AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsAmortizedCost	273227000	usd
CY2023Q2	us-gaap	Available For Sale Securities Debt Maturities After Ten Years Fair Value AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsFairValue	225307000	usd
CY2023Q2	us-gaap	Available For Sale Securities Debt Maturities Without Single Maturity Date Amortized Cost AvailableForSaleSecuritiesDebtMaturitiesWithoutSingleMaturityDateAmortizedCost	681513000	usd
CY2023Q2	us-gaap	Available For Sale Securities Debt Maturities Without Single Maturity Date Fair Value AvailableForSaleSecuritiesDebtMaturitiesWithoutSingleMaturityDateFairValue	594636000	usd
CY2023Q2	us-gaap	Debt Securities Available For Sale Amortized Cost Excluding Accrued Interest After Allowance For Credit Loss DebtSecuritiesAvailableForSaleAmortizedCostExcludingAccruedInterestAfterAllowanceForCreditLoss	1414680000	usd
CY2023Q2	us-gaap	Debt Securities Available For Sale Excluding Accrued Interest DebtSecuritiesAvailableForSaleExcludingAccruedInterest	1236946000	usd
	vly	Weighted Average Remaining Expected Life Of Residential Mortgage Backed Securities Available For Sale WeightedAverageRemainingExpectedLifeOfResidentialMortgageBackedSecuritiesAvailableForSale	P7Y8M4D
CY2023Q1	us-gaap	Debt Securities Available For Sale Excluding Accrued Interest Allowance For Credit Loss Not Previously Recorded DebtSecuritiesAvailableForSaleExcludingAccruedInterestAllowanceForCreditLossNotPreviouslyRecorded	5000000	usd
	us-gaap	Other Than Temporary Impairment Loss Debt Securities Available For Sale Recognized In Earnings OtherThanTemporaryImpairmentLossDebtSecuritiesAvailableForSaleRecognizedInEarnings	0	usd
CY2022Q2	us-gaap	Other Than Temporary Impairment Loss Debt Securities Available For Sale Recognized In Earnings OtherThanTemporaryImpairmentLossDebtSecuritiesAvailableForSaleRecognizedInEarnings	0	usd
CY2022Q4	us-gaap	Debt Securities Available For Sale Amortized Cost Allowance For Credit Loss Excluding Accrued Interest DebtSecuritiesAvailableForSaleAmortizedCostAllowanceForCreditLossExcludingAccruedInterest	0	usd
	us-gaap	Debt Securities Available For Sale Excluding Accrued Interest Allowance For Credit Loss Not Previously Recorded DebtSecuritiesAvailableForSaleExcludingAccruedInterestAllowanceForCreditLossNotPreviouslyRecorded	5000000	usd
	us-gaap	Debt Securities Available For Sale Allowance For Credit Loss Writeoff DebtSecuritiesAvailableForSaleAllowanceForCreditLossWriteoff	5000000	usd
CY2023Q2	us-gaap	Debt Securities Available For Sale Amortized Cost Allowance For Credit Loss Excluding Accrued Interest DebtSecuritiesAvailableForSaleAmortizedCostAllowanceForCreditLossExcludingAccruedInterest	0	usd
CY2023Q2	us-gaap	Held To Maturity Securities Accumulated Unrecognized Holding Gain HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingGain	1025000	usd
CY2023Q2	us-gaap	Held To Maturity Securities Accumulated Unrecognized Holding Loss HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss	488915000	usd
CY2023Q2	us-gaap	Held To Maturity Securities Fair Value HeldToMaturitySecuritiesFairValue	3278948000	usd
CY2023Q2	us-gaap	Debt Securities Held To Maturity Amortized Cost After Allowance For Credit Loss DebtSecuritiesHeldToMaturityAmortizedCostAfterAllowanceForCreditLoss	3765487000	usd
CY2022Q4	us-gaap	Held To Maturity Securities HeldToMaturitySecurities	3828984000	usd
CY2022Q4	us-gaap	Held To Maturity Securities Accumulated Unrecognized Holding Gain HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingGain	2105000	usd
CY2022Q4	us-gaap	Held To Maturity Securities Accumulated Unrecognized Holding Loss HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss	501619000	usd
CY2022Q4	us-gaap	Held To Maturity Securities Fair Value HeldToMaturitySecuritiesFairValue	3329470000	usd
CY2022Q4	us-gaap	Debt Securities Held To Maturity Allowance For Credit Loss Excluding Accrued Interest DebtSecuritiesHeldToMaturityAllowanceForCreditLossExcludingAccruedInterest	1646000	usd
CY2022Q4	us-gaap	Debt Securities Held To Maturity Amortized Cost After Allowance For Credit Loss DebtSecuritiesHeldToMaturityAmortizedCostAfterAllowanceForCreditLoss	3827338000	usd
CY2023Q2	us-gaap	Debt Securities Held To Maturity Accrued Interest After Allowance For Credit Loss DebtSecuritiesHeldToMaturityAccruedInterestAfterAllowanceForCreditLoss	13600000	usd
CY2022Q4	us-gaap	Debt Securities Held To Maturity Accrued Interest After Allowance For Credit Loss DebtSecuritiesHeldToMaturityAccruedInterestAfterAllowanceForCreditLoss	13500000	usd
CY2023Q2	us-gaap	Held To Maturity Securities Continuous Unrealized Loss Position Less Than Twelve Months Fair Value HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue	340866000	usd
CY2023Q2	us-gaap	Held To Maturity Securities Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss	10608000	usd
CY2023Q2	us-gaap	Held To Maturity Securities Continuous Unrealized Loss Position Twelve Months Or Longer Fair Value HeldToMaturitySecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue	2680486000	usd
CY2023Q2	us-gaap	Held To Maturity Securities Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss HeldToMaturitySecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss	478307000	usd
CY2023Q2	us-gaap	Held To Maturity Securities Continuous Unrealized Loss Position Fair Value HeldToMaturitySecuritiesContinuousUnrealizedLossPositionFairValue	3021352000	usd
CY2023Q2	us-gaap	Held To Maturity Securities Accumulated Unrecognized Holding Loss HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss	488915000	usd
CY2022Q4	us-gaap	Held To Maturity Securities Continuous Unrealized Loss Position Less Than Twelve Months Fair Value HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue	1610100000	usd
CY2022Q4	us-gaap	Held To Maturity Securities Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss	183528000	usd
CY2022Q4	us-gaap	Held To Maturity Securities Continuous Unrealized Loss Position Twelve Months Or Longer Fair Value HeldToMaturitySecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue	1492658000	usd
CY2022Q4	us-gaap	Held To Maturity Securities Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss HeldToMaturitySecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss	318091000	usd
CY2022Q4	us-gaap	Held To Maturity Securities Continuous Unrealized Loss Position Fair Value HeldToMaturitySecuritiesContinuousUnrealizedLossPositionFairValue	3102758000	usd
CY2022Q4	us-gaap	Held To Maturity Securities Accumulated Unrecognized Holding Loss HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss	501619000	usd
CY2023Q2	us-gaap	Held To Maturity Securities In Unrealized Loss Positions Qualitative Disclosure Number Of Positions HeldToMaturitySecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions	811	position
CY2022Q4	us-gaap	Held To Maturity Securities In Unrealized Loss Positions Qualitative Disclosure Number Of Positions HeldToMaturitySecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions	802	position
CY2023Q2	us-gaap	Held To Maturity Securities Restricted HeldToMaturitySecuritiesRestricted	2400000000	usd
CY2023Q2	us-gaap	Held To Maturity Securities Debt Maturities Within One Year Net Carrying Amount HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearNetCarryingAmount	68033000	usd
CY2023Q2	us-gaap	Held To Maturity Securities Debt Maturities Within One Year Fair Value HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearFairValue	67619000	usd
CY2023Q2	us-gaap	Held To Maturity Securities Debt Maturities After One Through Five Years Net Carrying Amount HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughFiveYearsNetCarryingAmount	126908000	usd
CY2023Q2	us-gaap	Held To Maturity Securities Debt Maturities After One Through Five Years Fair Value HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue	123033000	usd
CY2023Q2	us-gaap	Held To Maturity Securities Debt Maturities After Five Through Ten Years Net Carrying Amount HeldToMaturitySecuritiesDebtMaturitiesAfterFiveThroughTenYearsNetCarryingAmount	95472000	usd
CY2023Q2	us-gaap	Held To Maturity Securities Debt Maturities After Five Through Ten Years Fair Value HeldToMaturitySecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue	87948000	usd
CY2023Q2	us-gaap	Held To Maturity Securities Debt Maturities After Ten Years Net Carrying Amount HeldToMaturitySecuritiesDebtMaturitiesAfterTenYearsNetCarryingAmount	615198000	usd
CY2023Q2	us-gaap	Held To Maturity Securities Debt Maturities After Ten Years Fair Value HeldToMaturitySecuritiesDebtMaturitiesAfterTenYearsFairValue	538829000	usd
CY2023Q2	us-gaap	Held To Maturity Securities Debt Maturities Without Single Maturity Date Net Carrying Amount HeldToMaturitySecuritiesDebtMaturitiesWithoutSingleMaturityDateNetCarryingAmount	2861227000	usd
CY2023Q2	us-gaap	Held To Maturity Securities Debt Maturities Without Single Maturity Date Fair Value HeldToMaturitySecuritiesDebtMaturitiesWithoutSingleMaturityDateFairValue	2461519000	usd
CY2023Q2	us-gaap	Held To Maturity Securities HeldToMaturitySecurities	3766838000	usd
CY2023Q2	us-gaap	Held To Maturity Securities Fair Value HeldToMaturitySecuritiesFairValue	3278948000	usd
	vly	Weighted Average Remaining Expected Life Of Residential Mortgage Backed Securities Held To Maturity WeightedAverageRemainingExpectedLifeOfResidentialMortgageBackedSecuritiesHeldToMaturity	P10Y18D
CY2023Q2	us-gaap	Held To Maturity Securities HeldToMaturitySecurities	3766838000	usd
CY2022Q4	us-gaap	Held To Maturity Securities HeldToMaturitySecurities	3828984000	usd
CY2022Q1	us-gaap	Debt Securities Held To Maturity Allowance For Credit Loss Excluding Accrued Interest DebtSecuritiesHeldToMaturityAllowanceForCreditLossExcludingAccruedInterest	1633000	usd
CY2021Q1	us-gaap	Debt Securities Held To Maturity Allowance For Credit Loss Excluding Accrued Interest DebtSecuritiesHeldToMaturityAllowanceForCreditLossExcludingAccruedInterest	1222000	usd
CY2022Q4	us-gaap	Debt Securities Held To Maturity Allowance For Credit Loss Excluding Accrued Interest DebtSecuritiesHeldToMaturityAllowanceForCreditLossExcludingAccruedInterest	1646000	usd
CY2021Q4	us-gaap	Debt Securities Held To Maturity Allowance For Credit Loss Excluding Accrued Interest DebtSecuritiesHeldToMaturityAllowanceForCreditLossExcludingAccruedInterest	1165000	usd
CY2023Q2	us-gaap	Debt Securities Held To Maturity Excluding Accrued Interest Credit Loss Expense Reversal DebtSecuritiesHeldToMaturityExcludingAccruedInterestCreditLossExpenseReversal	-282000	usd
CY2022Q2	us-gaap	Debt Securities Held To Maturity Excluding Accrued Interest Credit Loss Expense Reversal DebtSecuritiesHeldToMaturityExcludingAccruedInterestCreditLossExpenseReversal	286000	usd
	us-gaap	Debt Securities Held To Maturity Excluding Accrued Interest Credit Loss Expense Reversal DebtSecuritiesHeldToMaturityExcludingAccruedInterestCreditLossExpenseReversal	-295000	usd
	us-gaap	Debt Securities Held To Maturity Excluding Accrued Interest Credit Loss Expense Reversal DebtSecuritiesHeldToMaturityExcludingAccruedInterestCreditLossExpenseReversal	343000	usd
CY2023Q2	us-gaap	Debt Securities Held To Maturity Allowance For Credit Loss Excluding Accrued Interest DebtSecuritiesHeldToMaturityAllowanceForCreditLossExcludingAccruedInterest	1351000	usd
CY2022Q2	us-gaap	Debt Securities Held To Maturity Allowance For Credit Loss Excluding Accrued Interest DebtSecuritiesHeldToMaturityAllowanceForCreditLossExcludingAccruedInterest	1508000	usd
CY2023Q2	us-gaap	Debt Securities Held To Maturity Allowance For Credit Loss Excluding Accrued Interest DebtSecuritiesHeldToMaturityAllowanceForCreditLossExcludingAccruedInterest	1351000	usd
CY2022Q2	us-gaap	Debt Securities Held To Maturity Allowance For Credit Loss Excluding Accrued Interest DebtSecuritiesHeldToMaturityAllowanceForCreditLossExcludingAccruedInterest	1508000	usd
CY2023Q2	us-gaap	Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLoss	49877248000	usd
CY2022Q4	us-gaap	Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLoss	46917200000	usd
CY2023Q2	vly	Non Covered Loans Net Of Unearned Discount And Deferred Loan Fees NonCoveredLoansNetOfUnearnedDiscountAndDeferredLoanFees	119100000	usd
CY2022Q4	vly	Non Covered Loans Net Of Unearned Discount And Deferred Loan Fees NonCoveredLoansNetOfUnearnedDiscountAndDeferredLoanFees	120500000	usd
CY2023Q2	us-gaap	Financing Receivable Accrued Interest After Allowance For Credit Loss FinancingReceivableAccruedInterestAfterAllowanceForCreditLoss	202100000	usd
CY2022Q4	us-gaap	Financing Receivable Accrued Interest After Allowance For Credit Loss FinancingReceivableAccruedInterestAfterAllowanceForCreditLoss	175900000	usd
CY2023Q2	us-gaap	Financing Receivable Reclassification To Held For Sale FinancingReceivableReclassificationToHeldForSale	10000000	usd
CY2023Q2	us-gaap	Financing Receivable Allowance For Credit Losses Write Offs FinancingReceivableAllowanceForCreditLossesWriteOffs	4200000	usd
CY2023Q2	vly	Sales Of Loans Held For Investment SalesOfLoansHeldForInvestment	0	usd
	vly	Sales Of Loans Held For Investment SalesOfLoansHeldForInvestment	0	usd
CY2022Q2	vly	Sales Of Loans Held For Investment SalesOfLoansHeldForInvestment	0	usd
	vly	Sales Of Loans Held For Investment SalesOfLoansHeldForInvestment	0	usd
CY2023Q2	us-gaap	Financing Receivable Excluding Accrued Interest Nonaccrual FinancingReceivableExcludingAccruedInterestNonaccrual	254091000	usd
CY2023Q2	us-gaap	Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLoss	49877248000	usd
CY2023Q2	us-gaap	Financing Receivable Excluding Accrued Interest Nonaccrual No Allowance FinancingReceivableExcludingAccruedInterestNonaccrualNoAllowance	116286000	usd
CY2022Q4	us-gaap	Financing Receivable Excluding Accrued Interest Nonaccrual FinancingReceivableExcludingAccruedInterestNonaccrual	269761000	usd
CY2022Q4	us-gaap	Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLoss	46917200000	usd
CY2022Q4	us-gaap	Financing Receivable Excluding Accrued Interest Nonaccrual No Allowance FinancingReceivableExcludingAccruedInterestNonaccrualNoAllowance	102186000	usd
CY2023Q2	vly	Financing Receivable Excluding Accrued Interest Modified In Period Amount FinancingReceivableExcludingAccruedInterestModifiedInPeriodAmount	47088000	usd
	vly	Financing Receivable Excluding Accrued Interest Modified In Period Amount FinancingReceivableExcludingAccruedInterestModifiedInPeriodAmount	95250000	usd
CY2022Q2	us-gaap	Financing Receivable Modifications Number Of Contracts2 FinancingReceivableModificationsNumberOfContracts2	58	contract
CY2022Q2	us-gaap	Financing Receivable Modifications Pre Modification Recorded Investment2 FinancingReceivableModificationsPreModificationRecordedInvestment2	96026000	usd
CY2022Q2	us-gaap	Financing Receivable Modifications Post Modification Recorded Investment2 FinancingReceivableModificationsPostModificationRecordedInvestment2	91879000	usd
	us-gaap	Financing Receivable Modifications Number Of Contracts2 FinancingReceivableModificationsNumberOfContracts2	72	contract
	us-gaap	Financing Receivable Modifications Pre Modification Recorded Investment2 FinancingReceivableModificationsPreModificationRecordedInvestment2	111091000	usd
	us-gaap	Financing Receivable Modifications Post Modification Recorded Investment2 FinancingReceivableModificationsPostModificationRecordedInvestment2	106882000	usd
CY2022Q2	vly	Specific Reserves For Loan Losses SpecificReservesForLoanLosses	56000000	usd
	us-gaap	Financing Receivables Impaired Troubled Debt Restructuring Write Down FinancingReceivablesImpairedTroubledDebtRestructuringWriteDown	1500000	usd
CY2022Q2	us-gaap	Financing Receivables Impaired Troubled Debt Restructuring Write Down FinancingReceivablesImpairedTroubledDebtRestructuringWriteDown	1500000	usd
CY2022Q2	vly	Troubled Debt Restructurings Not Reported As Non Accrual Loans TroubledDebtRestructuringsNotReportedAsNonAccrualLoans	67300000	usd
CY2022Q2	vly	Non Performing Troubled Debt Restructuring Loans NonPerformingTroubledDebtRestructuringLoans	154400000	usd
	vly	Days Past Due To Place On Non Accrual Status DaysPastDueToPlaceOnNonAccrualStatus	P90D
CY2022Q2	us-gaap	Financing Receivable Modifications Subsequent Default Number Of Contracts1 FinancingReceivableModificationsSubsequentDefaultNumberOfContracts1	2	contract
CY2022Q2	us-gaap	Financing Receivable Modifications Subsequent Default Recorded Investment1 FinancingReceivableModificationsSubsequentDefaultRecordedInvestment1	17599000	usd
	us-gaap	Financing Receivable Modifications Subsequent Default Number Of Contracts1 FinancingReceivableModificationsSubsequentDefaultNumberOfContracts1	2	contract
	us-gaap	Financing Receivable Modifications Subsequent Default Recorded Investment1 FinancingReceivableModificationsSubsequentDefaultRecordedInvestment1	17599000	usd
CY2023Q2	us-gaap	Other Real Estate And Foreclosed Assets OtherRealEstateAndForeclosedAssets	824000	usd
CY2022Q2	us-gaap	Financing Receivable Excluding Accrued Interest Allowance For Credit Loss Writeoff FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossWriteoff	5267000	usd
CY2022Q2	us-gaap	Financing Receivable Excluding Accrued Interest Allowance For Credit Loss Recovery FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossRecovery	2947000	usd
CY2022Q2	us-gaap	Financing Receivable Excluding Accrued Interest Allowance For Credit Loss Writeoff After Recovery FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossWriteoffAfterRecovery	2320000	usd
CY2022Q4	us-gaap	Other Real Estate And Foreclosed Assets OtherRealEstateAndForeclosedAssets	286000	usd
	vly	Financing Receivable Allowance For Credit Loss Purchased With Credit Deterioration Decrease FinancingReceivableAllowanceForCreditLossPurchasedWithCreditDeteriorationDecrease	24600000	usd
CY2023Q2	us-gaap	Financing Receivable Allowance For Credit Loss Excluding Accrued Interest FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest	436432000	usd
CY2022Q4	us-gaap	Financing Receivable Allowance For Credit Loss Excluding Accrued Interest FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest	458655000	usd
CY2023Q2	us-gaap	Off Balance Sheet Credit Loss Liability OffBalanceSheetCreditLossLiability	22244000	usd
CY2022Q4	us-gaap	Off Balance Sheet Credit Loss Liability OffBalanceSheetCreditLossLiability	24600000	usd
CY2023Q2	vly	Allowance For Credit Losses AllowanceForCreditLosses	458676000	usd
CY2022Q4	vly	Allowance For Credit Losses AllowanceForCreditLosses	483255000	usd
CY2023Q2	us-gaap	Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversal	8159000	usd
CY2022Q2	us-gaap	Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversal	38310000	usd
	us-gaap	Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversal	18138000	usd
	us-gaap	Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversal	41568000	usd
CY2023Q2	us-gaap	Off Balance Sheet Credit Loss Liability Credit Loss Expense Reversal OffBalanceSheetCreditLossLiabilityCreditLossExpenseReversal	-1827000	usd
CY2022Q2	us-gaap	Off Balance Sheet Credit Loss Liability Credit Loss Expense Reversal OffBalanceSheetCreditLossLiabilityCreditLossExpenseReversal	5402000	usd
	us-gaap	Off Balance Sheet Credit Loss Liability Credit Loss Expense Reversal OffBalanceSheetCreditLossLiabilityCreditLossExpenseReversal	-2356000	usd
	us-gaap	Off Balance Sheet Credit Loss Liability Credit Loss Expense Reversal OffBalanceSheetCreditLossLiabilityCreditLossExpenseReversal	5644000	usd
CY2023Q2	vly	Allowance For Credit Loss Expense Reversal AllowanceForCreditLossExpenseReversal	6332000	usd
CY2022Q2	vly	Allowance For Credit Loss Expense Reversal AllowanceForCreditLossExpenseReversal	43712000	usd
	vly	Allowance For Credit Loss Expense Reversal AllowanceForCreditLossExpenseReversal	15782000	usd
	vly	Allowance For Credit Loss Expense Reversal AllowanceForCreditLossExpenseReversal	47212000	usd
CY2023Q1	us-gaap	Financing Receivable Allowance For Credit Loss Excluding Accrued Interest FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest	436898000	usd
CY2023Q2	us-gaap	Financing Receivable Excluding Accrued Interest Allowance For Credit Loss Writeoff FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossWriteoff	11327000	usd
CY2023Q2	us-gaap	Financing Receivable Excluding Accrued Interest Allowance For Credit Loss Recovery FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossRecovery	2702000	usd
CY2023Q2	us-gaap	Financing Receivable Excluding Accrued Interest Allowance For Credit Loss Writeoff After Recovery FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossWriteoffAfterRecovery	8625000	usd
CY2023Q2	us-gaap	Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversal	8159000	usd
CY2023Q2	us-gaap	Financing Receivable Allowance For Credit Loss Excluding Accrued Interest FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest	436432000	usd
CY2022Q1	us-gaap	Financing Receivable Allowance For Credit Loss Excluding Accrued Interest FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest	362510000	usd
CY2022Q2	us-gaap	Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversal	38310000	usd
CY2022Q2	us-gaap	Financing Receivable Allowance For Credit Loss Excluding Accrued Interest FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest	468819000	usd
CY2022Q4	us-gaap	Financing Receivable Allowance For Credit Loss Excluding Accrued Interest FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest	458655000	usd
	us-gaap	Financing Receivable Excluding Accrued Interest Allowance For Credit Loss Writeoff FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossWriteoff	43900000	usd
	us-gaap	Financing Receivable Excluding Accrued Interest Allowance For Credit Loss Recovery FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossRecovery	4907000	usd
	us-gaap	Financing Receivable Excluding Accrued Interest Allowance For Credit Loss Writeoff After Recovery FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossWriteoffAfterRecovery	38993000	usd
	us-gaap	Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversal	18138000	usd
CY2023Q2	us-gaap	Financing Receivable Allowance For Credit Loss Excluding Accrued Interest FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest	436432000	usd
CY2021Q4	us-gaap	Financing Receivable Allowance For Credit Loss Excluding Accrued Interest FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest	359202000	usd
CY2021	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	7862000	usd
	us-gaap	Financing Receivable Excluding Accrued Interest Allowance For Credit Loss Recovery FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossRecovery	5592000	usd
	us-gaap	Financing Receivable Excluding Accrued Interest Allowance For Credit Loss Writeoff After Recovery FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossWriteoffAfterRecovery	2270000	usd
	us-gaap	Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversal	41568000	usd
CY2022Q2	us-gaap	Financing Receivable Allowance For Credit Loss Excluding Accrued Interest FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest	468819000	usd
CY2023Q2	us-gaap	Financing Receivable Allowance For Credit Losses Individually Evaluated For Impairment1 FinancingReceivableAllowanceForCreditLossesIndividuallyEvaluatedForImpairment1	61094000	usd
CY2023Q2	us-gaap	Financing Receivable Allowance For Credit Losses Collectively Evaluated For Impairment FinancingReceivableAllowanceForCreditLossesCollectivelyEvaluatedForImpairment	375338000	usd
CY2023Q2	us-gaap	Financing Receivable Individually Evaluated For Impairment FinancingReceivableIndividuallyEvaluatedForImpairment	231547000	usd
CY2023Q2	us-gaap	Financing Receivable Collectively Evaluated For Impairment FinancingReceivableCollectivelyEvaluatedForImpairment	49645701000	usd
CY2023Q2	us-gaap	Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLoss	49877248000	usd
CY2022Q4	us-gaap	Financing Receivable Allowance For Credit Losses Individually Evaluated For Impairment1 FinancingReceivableAllowanceForCreditLossesIndividuallyEvaluatedForImpairment1	86594000	usd
CY2022Q4	us-gaap	Financing Receivable Allowance For Credit Losses Collectively Evaluated For Impairment FinancingReceivableAllowanceForCreditLossesCollectivelyEvaluatedForImpairment	372061000	usd
CY2022Q4	us-gaap	Financing Receivable Allowance For Credit Loss Excluding Accrued Interest FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest	458655000	usd
CY2022Q4	us-gaap	Financing Receivable Individually Evaluated For Impairment FinancingReceivableIndividuallyEvaluatedForImpairment	374093000	usd
CY2022Q4	us-gaap	Financing Receivable Collectively Evaluated For Impairment FinancingReceivableCollectivelyEvaluatedForImpairment	46543107000	usd
CY2022Q4	us-gaap	Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLoss	46917200000	usd
CY2023Q2	us-gaap	Goodwill Goodwill	1868936000	usd
	us-gaap	Goodwill Impairment Loss GoodwillImpairmentLoss	0	usd
CY2023Q2	us-gaap	Finite Lived Intangible Assets Gross FiniteLivedIntangibleAssetsGross	386777000	usd
CY2023Q2	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	208831000	usd
CY2023Q2	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	177946000	usd
CY2022Q4	us-gaap	Finite Lived Intangible Assets Gross FiniteLivedIntangibleAssetsGross	394912000	usd
CY2022Q4	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	197456000	usd
CY2022Q4	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	197456000	usd
	us-gaap	Mortgage Servicing Rights Msr Impairment Recovery MortgageServicingRightsMSRImpairmentRecovery	0	usd
CY2023Q2	us-gaap	Mortgage Servicing Rights Msr Impairment Recovery MortgageServicingRightsMSRImpairmentRecovery	0	usd
	us-gaap	Mortgage Servicing Rights Msr Impairment Recovery MortgageServicingRightsMSRImpairmentRecovery	0	usd
CY2022Q2	us-gaap	Mortgage Servicing Rights Msr Impairment Recovery MortgageServicingRightsMSRImpairmentRecovery	0	usd
CY2023Q2	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	9800000	usd
CY2022Q2	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	11400000	usd
	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	20300000	usd
	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	15800000	usd
CY2023Q2	vly	Time Deposits250000or More TimeDeposits250000orMore	2000000000	usd
CY2022Q4	vly	Time Deposits250000or More TimeDeposits250000orMore	1800000000	usd
CY2023Q2	vly	Interest Expense Time Deposits250000or More InterestExpenseTimeDeposits250000orMore	5100000	usd
CY2022Q2	vly	Interest Expense Time Deposits250000or More InterestExpenseTimeDeposits250000orMore	444000	usd
	vly	Interest Expense Time Deposits250000or More InterestExpenseTimeDeposits250000orMore	7500000	usd
	vly	Interest Expense Time Deposits250000or More InterestExpenseTimeDeposits250000orMore	545000	usd
CY2023Q2	us-gaap	Time Deposit Maturities Remainder Of Fiscal Year TimeDepositMaturitiesRemainderOfFiscalYear	8020778000	usd
CY2023Q2	us-gaap	Time Deposit Maturities Year One TimeDepositMaturitiesYearOne	6574934000	usd
CY2023Q2	us-gaap	Time Deposit Maturities Year Two TimeDepositMaturitiesYearTwo	70994000	usd
CY2023Q2	us-gaap	Time Deposit Maturities Year Three TimeDepositMaturitiesYearThree	160144000	usd
CY2023Q2	us-gaap	Time Deposit Maturities Year Four TimeDepositMaturitiesYearFour	41691000	usd
CY2023Q2	vly	Time Deposit Maturities After Year Four TimeDepositMaturitiesAfterYearFour	39641000	usd
CY2023Q2	us-gaap	Time Deposits TimeDeposits	14908182000	usd
CY2023Q2	us-gaap	Short Term Debt Weighted Average Interest Rate ShortTermDebtWeightedAverageInterestRate	0.053
CY2022Q4	us-gaap	Short Term Debt Weighted Average Interest Rate ShortTermDebtWeightedAverageInterestRate	0.016
CY2022Q4	vly	Federal Home Loan Bank Advances Callable For Early Redemption FederalHomeLoanBankAdvancesCallableForEarlyRedemption	0	usd
CY2023Q2	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized	14500000	shares
CY2023Q2	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	8700000	usd
CY2022Q2	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	6200000	usd
	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	16800000	usd
	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	13400000	usd
CY2023Q2	us-gaap	Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized	49400000	usd
	us-gaap	Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1 EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1	P2Y
CY2023Q2	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification Before Tax Parent OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationBeforeTaxParent	-4991000	usd
CY2022Q2	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification Before Tax Parent OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationBeforeTaxParent	121000	usd
	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification Before Tax Parent OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationBeforeTaxParent	-1093000	usd
	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification Before Tax Parent OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationBeforeTaxParent	441000	usd
CY2023Q2	us-gaap	Derivative Gain Loss On Derivative Net DerivativeGainLossOnDerivativeNet	-368000	usd
CY2022Q2	us-gaap	Derivative Gain Loss On Derivative Net DerivativeGainLossOnDerivativeNet	1143000	usd
	us-gaap	Derivative Gain Loss On Derivative Net DerivativeGainLossOnDerivativeNet	-160000	usd
	us-gaap	Derivative Gain Loss On Derivative Net DerivativeGainLossOnDerivativeNet	-1654000	usd
CY2023Q2	us-gaap	Affordable Housing Tax Credits And Other Tax Benefits Amount AffordableHousingTaxCreditsAndOtherTaxBenefitsAmount	1460000	usd
CY2022Q2	us-gaap	Affordable Housing Tax Credits And Other Tax Benefits Amount AffordableHousingTaxCreditsAndOtherTaxBenefitsAmount	1614000	usd
	us-gaap	Affordable Housing Tax Credits And Other Tax Benefits Amount AffordableHousingTaxCreditsAndOtherTaxBenefitsAmount	2919000	usd
	us-gaap	Affordable Housing Tax Credits And Other Tax Benefits Amount AffordableHousingTaxCreditsAndOtherTaxBenefitsAmount	2358000	usd
CY2023Q2	vly	Other Tax Credit Investment Credits And Tax Benefits OtherTaxCreditInvestmentCreditsAndTaxBenefits	3430000	usd
CY2022Q2	vly	Other Tax Credit Investment Credits And Tax Benefits OtherTaxCreditInvestmentCreditsAndTaxBenefits	2539000	usd
	vly	Other Tax Credit Investment Credits And Tax Benefits OtherTaxCreditInvestmentCreditsAndTaxBenefits	6651000	usd
	vly	Other Tax Credit Investment Credits And Tax Benefits OtherTaxCreditInvestmentCreditsAndTaxBenefits	5090000	usd
CY2023Q2	vly	Income Tax Expense Benefit Reduction From Affordable Housing Tax Credits And Other Tax Credit Investments IncomeTaxExpenseBenefitReductionFromAffordableHousingTaxCreditsAndOtherTaxCreditInvestments	4890000	usd
CY2022Q2	vly	Income Tax Expense Benefit Reduction From Affordable Housing Tax Credits And Other Tax Credit Investments IncomeTaxExpenseBenefitReductionFromAffordableHousingTaxCreditsAndOtherTaxCreditInvestments	4153000	usd
	vly	Income Tax Expense Benefit Reduction From Affordable Housing Tax Credits And Other Tax Credit Investments IncomeTaxExpenseBenefitReductionFromAffordableHousingTaxCreditsAndOtherTaxCreditInvestments	9570000	usd
	vly	Income Tax Expense Benefit Reduction From Affordable Housing Tax Credits And Other Tax Credit Investments IncomeTaxExpenseBenefitReductionFromAffordableHousingTaxCreditsAndOtherTaxCreditInvestments	7448000	usd
CY2023Q2	vly	Average Interest Earning Assets AverageInterestEarningAssets	57351808000	usd
CY2023Q2	us-gaap	Interest And Dividend Income Operating InterestAndDividendIncomeOperating	787459000	usd
CY2023Q2	us-gaap	Interest Expense InterestExpense	367694000	usd
CY2023Q2	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	419765000	usd
CY2023Q2	vly	Allowance For Credit Loss Expense Reversal Including Debt Securities Held To Maturity AllowanceForCreditLossExpenseReversalIncludingDebtSecuritiesHeldToMaturity	6050000	usd
CY2023Q2	us-gaap	Interest Income Expense After Provision For Loan Loss InterestIncomeExpenseAfterProvisionForLoanLoss	413715000	usd
CY2023Q2	us-gaap	Noninterest Income NoninterestIncome	60075000	usd
CY2023Q2	us-gaap	Noninterest Expense NoninterestExpense	282971000	usd
CY2023Q2	vly	Internal Expense Transfer On Business Segments InternalExpenseTransferOnBusinessSegments	0	usd
CY2023Q2	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	190819000	usd
CY2023Q2	vly	Return On Average Interest Earning Assets Before Tax ReturnOnAverageInterestEarningAssetsBeforeTax	0.0133
CY2022Q2	vly	Average Interest Earning Assets AverageInterestEarningAssets	48891230000	usd
CY2022Q2	us-gaap	Interest And Dividend Income Operating InterestAndDividendIncomeOperating	452947000	usd
CY2022Q2	us-gaap	Interest Expense InterestExpense	34787000	usd
CY2022Q2	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	418160000	usd
CY2022Q2	vly	Allowance For Credit Loss Expense Reversal Including Debt Securities Held To Maturity AllowanceForCreditLossExpenseReversalIncludingDebtSecuritiesHeldToMaturity	43998000	usd
CY2022Q2	us-gaap	Interest Income Expense After Provision For Loan Loss InterestIncomeExpenseAfterProvisionForLoanLoss	374162000	usd
CY2022Q2	us-gaap	Noninterest Income NoninterestIncome	58533000	usd
CY2022Q2	us-gaap	Noninterest Expense NoninterestExpense	299730000	usd
CY2022Q2	vly	Internal Expense Transfer On Business Segments InternalExpenseTransferOnBusinessSegments	0	usd
CY2022Q2	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	132965000	usd
CY2022Q2	vly	Return On Average Interest Earning Assets Before Tax ReturnOnAverageInterestEarningAssetsBeforeTax	0.0109
	vly	Average Interest Earning Assets AverageInterestEarningAssets	56362794000	usd
	us-gaap	Interest And Dividend Income Operating InterestAndDividendIncomeOperating	1507689000	usd
	us-gaap	Interest Expense InterestExpense	651904000	usd
	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	855785000	usd
	vly	Allowance For Credit Loss Expense Reversal Including Debt Securities Held To Maturity AllowanceForCreditLossExpenseReversalIncludingDebtSecuritiesHeldToMaturity	20487000	usd
	us-gaap	Interest Income Expense After Provision For Loan Loss InterestIncomeExpenseAfterProvisionForLoanLoss	835298000	usd
	us-gaap	Noninterest Income NoninterestIncome	114374000	usd
	us-gaap	Noninterest Expense NoninterestExpense	555137000	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	394535000	usd
	vly	Return On Average Interest Earning Assets Before Tax ReturnOnAverageInterestEarningAssetsBeforeTax	0.0140
	vly	Average Interest Earning Assets AverageInterestEarningAssets	44609968000	usd
	us-gaap	Interest And Dividend Income Operating InterestAndDividendIncomeOperating	793405000	usd
	us-gaap	Interest Expense InterestExpense	57576000	usd
	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	735829000	usd
	vly	Allowance For Credit Loss Expense Reversal Including Debt Securities Held To Maturity AllowanceForCreditLossExpenseReversalIncludingDebtSecuritiesHeldToMaturity	47555000	usd
	us-gaap	Interest Income Expense After Provision For Loan Loss InterestIncomeExpenseAfterProvisionForLoanLoss	688274000	usd
	us-gaap	Noninterest Income NoninterestIncome	97803000	usd
	us-gaap	Noninterest Expense NoninterestExpense	497070000	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	289007000	usd
	vly	Return On Average Interest Earning Assets Before Tax ReturnOnAverageInterestEarningAssetsBeforeTax	0.0130

Files In Submission

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$VLY
VALLEY NATIONAL BANCORP Stock $vly

2023 Q3 Form 10-Q Financial Statement

#000071431023000124 Filed on August 07, 2023

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$VLY VALLEY NATIONAL BANCORP Stock $vly

2023 Q3 Form 10-Q Financial Statement

#000071431023000124 Filed on August 07, 2023

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$VLY
VALLEY NATIONAL BANCORP Stock $vly