EX-99.1 2 d149125dex991.htm EX-99.1 EX-99.1 Exhibit 99.1 FOR IMMEDIATE RELEASE Contacts: ───────────────────────────────────────────────────────────────────────────── Valley National Bancorp Providence Financial Corporation Travis Lan Steven G. Van Drunen Senior Executive Vice President and President and Chief Financial Officer Chief Executive Officer 973-686-5007 708-333-4890 VALLEY NATIONAL BANCORP ACCELERATES GROWTH IN ATTRACTIVE CHICAGO MARKET WITH ACQUISITION OF HIGH-PERFORMING PROVIDENCE FINANCIAL CORPORATION NEW YORK, NY, and SOUTH HOLLAND, IL. - Tuesday, August 25, 2026 - Valley National Bancorp (“Valley”) (NASDAQ: VLY) and Providence Financial Corporation (“Providence”) announced today that they have entered into a definitive merger agreement whereby Valley will acquire Providence, parent company of Providence Bank & Trust. The acquisition is a continuation of Valley’s recent investments to accelerate retail and small business growth, which began with the hiring of Patrick Smith as President of Consumer Banking in September 2025. Consistent with Valley’s …
Open exhibit ↗Current Report · Items 8.01, 9.01 · 8-K
Valley National Bancorp
VLYNASDAQEQUITYCurrent
Other Events
Item 8.01 Other Events. On August 25, 2026, Valley National Bancorp, a New Jersey corporation (“Valley”) and Providence Financial Corporation, an Illinois corporation (“Providence”) issued a joint press release (the “Press Release”) announcing their entry into an Agreement and Plan of Merger (the “Merger Agreement”), pursuant to which, subject to the terms and conditions set forth therein, Provide…
Company context
As the principal subsidiary of Valley National Bancorp (NASDAQ: VLY), Valley National Bank is a regional financial institution with over $66 billion in assets. Founded in 1927, Valley has more than 220 branch locations and commercial offices across New Jersey, New York, Florida, Alabama, California, Illinois, Pennsylvania and Arizona, while serving clients nationwide. Valley delivers a full range of consumer, commercial, and wealth management solutions designed to support everything from homeownership and business growth to long-term financial planning. Big enough to support complex financial needs and small enough to stay deeply connected, Valley is grounded in a relationship-led approach focused on understanding people first. That same relationship-led approach guides Valley’s commitment to community investment and responsible corporate citizenship. To learn more, visit www.valley.com or call the Valley Customer Care Center at 800-522-4100.
Current securities
Disclosure sections
Item 8.01Item 8.01 - Other Events
Filed exhibits (2)
EX-99.2 3 d149125dex992.htm EX-99.2 EX-99.2 Exhibit 99.2 Valley to Acquire Providence Financial Corporation Accelerating Growth in Attractive Chicago Market August 25, 2026 CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS This presentation contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995 related to, among other things, the strategy, plans, beliefs, goals, intentions, and expectations of Valley National Bancorp ( Valley ) regarding the proposed transaction between Valley and Providence Financial Corporation ( Providence ); the issuance of common stock of Valley contemplated by the Agreement and Plan of Merger by and between Valley and Providence (the “merger agreement”); the expected filing by Valley with the Securities and Exchange Commission (the “SEC”) of a registration statement on the Form S-4 (the “registration statement”) and a prospectus of Valley and a proxy statement of Providence to be included therein (the “proxy statement/prospectus”); its ability to achieve its financial and other strategic goals; the expected timing of completion of the proposed transaction; the expected cost savings, synergies,…
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