NEW YORK, May 23, 2023 (GLOBE NEWSWIRE) — Valley National Bancorp VLY (“Valley”), the holding company of Valley National Bank, today announced its regular preferred and common dividends.

The declared quarterly dividends to shareholders of record on June 15, 2023 are as follows:

• A cash dividend of $0.390625 per share, payable June 30, 2023, on Valley’s Non-Cumulative Perpetual Preferred Stock Series A;
• A cash dividend of $0.558444 per share, payable June 30, 2023, on Valley’s Non-Cumulative Perpetual Preferred Stock Series B; And
• On July 3, 2023, a cash dividend of $0.11 per share will be paid on Valley common stock.
  

The amount of the common stock cash dividend per share was flat compared to the previous quarter’s dividend. The common stock dividend should not be used as an indicator of future dividends to Valley common stockholders.

About Valley

As the principal subsidiary of Valley National Bancorp, Valley National Bank is a regional bank with approximately $64 billion in assets. Valley is committed to empowering people and businesses to succeed. Valley operates many convenient branch and commercial banking offices in New Jersey, New York, Florida, Alabama, California and Illinois and strives to provide the most convenient service, the latest innovations and an experienced and knowledgeable team dedicated to meeting customer needs. Helping communities grow and prosper is at the heart of Valley’s corporate citizenship philosophy. To learn more about Valley, go to www.valley.com or call our Customer Service Center at 800-522-4100.

Forward-Looking Statements

The foregoing contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements are not historical facts and include statements about management’s beliefs, strategies and expectations regarding Valley’s business, new and existing Programs and products, acquisitions, relationships, opportunities,…