Item 2.02 Results of Operations and Financial Condition.
On July 28, 2022, Valley National Bancorp (“Valley”) issued a press release
reporting second quarter 2022 results of operations.
A copy of the press release is attached to this Current Report Form 8-K as
The information disclosed in this Item 2.02 shall be considered “furnished” but
not “filed” for purposes of the Securities Exchange Act of 1934, as amended.
Valley’s second quarter 2022 press release contains certain supplemental
financial information, described in the Notes to Selected Financial Data
included in Exhibit 99.1, which has been determined by methods other than U.S.
Generally Accepted Accounting Principles (“GAAP”). Management internally reviews
each of these non-GAAP financial measures to evaluate performance on a
comparative period to period basis. Management believes that the non-GAAP
financial measures provide useful supplemental information to both management
and investors in understanding Valley’s underlying operational performance,
business and performance trends, and may facilitate comparisons of our current
and prior performance with the performance of others in the financial services
industry. These non-GAAP financial measures should not be considered in
isolation or as a substitute for or superior to financial measures calculated in
accordance with U.S. GAAP.
Item 7.01 Regulation FD Disclosure.
Valley is furnishing presentation materials included as Exhibit 99.2 to this report pursuant to Item 7.01 of Form 8-K. Valley is not undertaking to update this presentation. The information in this report (including Exhibit 99.2) is being furnished pursuant to Item 7.01 and shall not be deemed to be "filed" for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section. This report will not be deemed an admission as to the materiality of any information herein (including Exhibit 99.2). Item 9.01 Financial Statements and Exhibits. Exhibit No. Description (d) Exhibits. 99.1 Press Release dated July 28, 2022. The Press Release disclosed in this Item 9.01 as Exhibit 99.1 shall be considered "furnished" but not "filed" for purposes of the Securities Exchange Act of 1934, as amended. 99.2 Valley National Bancorp Presentation materials used in connection with second quarter 2022 conference. The presentation materials disclosed in this Item 9.01 as Exhibit 99.2 shall be considered "furnished" but not "filed" for purposes of the Securities Exchange Act of 1934, as amended.
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