Valley National Bancorp · NASDAQ:VLY

Valley National Bancorp — Investor Presentation (May 2016)

18 slides from Valley National Bancorp's investor presentation, May 4, 2016

  1. Slide 1: Investor Presentation

    © 2016 Valley National Bank. Member FDIC. Equal Opportunity Lender. All Rights Reserved. Investor Presentation EXHIBIT 99.1

  2. Slide 2: Forward Looking Statements

    © 2016 Valley National Bank. Member FDIC. Equal Opportunity Lender. All Rights Reserved. 2 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 exp

  3. Slide 3: Overview of Valley National Bancorp

    © 2016 Valley National Bank. Member FDIC. Equal Opportunity Lender. All Rights Reserved. Valley National Bancorp • Traded on the New York Stock Exchange (NYSE: VLY) • Regional Bank Holding Company • Headquartered in Wayne, New Jersey • Founded in 1927 Average Balance Sheet Items March 31, 2016 March

  4. Slide 4: Our Approach

    © 2016 Valley National Bank. Member FDIC. Equal Opportunity Lender. All Rights Reserved. Valley National Bancorp • Focus on credit quality • Measured growth strategies • Heavily populated footprint in 3 states • Strong customer service culture • Experienced commercial lender • Seasoned senior and ex

  5. Slide 5: Strategic Vision: Valley in 2020

    © 2016 Valley National Bank. Member FDIC. Equal Opportunity Lender. All Rights Reserved. Strategic Vision 5 Valley in 2020 NJ NY FL Overview  A premier commercial banking franchise with a diversified balance sheet  Asset generator in three (3) of the best markets on the East Coast  Leverage curre

  6. Slide 6: New Jersey & New York Franchise

    © 2016 Valley National Bank. Member FDIC. Equal Opportunity Lender. All Rights Reserved. Valley National Bancorp 190 Branches New Jersey & New York Franchise NJ 64% NY 22% Loans NJ 59% NY 25% Deposits 6 16 Counties Core Demographic Overview NJ Core Market(1) New York City(2) Long Island U.S.A. Avg.

  7. Slide 7: Florida Franchise

    © 2016 Valley National Bank. Member FDIC. Equal Opportunity Lender. All Rights Reserved. Valley National Bancorp Florida Franchise FL 14% Loans FL 16% Deposits 7 36 Branches 14 Counties NY/NJ 86% NY/NJ 83% Core Demographic Overview Central Tampa(1) Central Orlando(2) Southeast(3) Florida Avg. Pop. /

  8. Slide 8: Valley's 1Q 2016 Highlights

    © 2016 Valley National Bank. Member FDIC. Equal Opportunity Lender. All Rights Reserved. 1.22% 0.36% 0.30% 0.50% 0.70% 0.90% 1.10% 1.30% Valley’s 1Q 2016 Highlights Year Over Year Loan Growth(1) Financial Highlights • Net income of $36.2 million was up 19 percent from the same period a year ago • Fu

  9. Slide 9: Branch Efficiency & Cost Reduction Plans

    © 2016 Valley National Bank. Member FDIC. Equal Opportunity Lender. All Rights Reserved. Valley National Bancorp 1. Expected Impact of Branch Efficiency Plan 2. Cost Reduction Plan to Yield Added Efficiencies • Anticipated to reduce annual operating expense by $4.5 million in 2016 increasing to $10

  10. Slide 10: Overview of Credit Trends 2003 – 2016

    © 2016 Valley National Bank. Member FDIC. Equal Opportunity Lender. All Rights Reserved. Overview of Credit Trends 2003 – 2016 Average Net Charge-offs to Loans by Category 0.07% 0.46% 0.26% 0.06% 0.07% 0.42% 0.19% 0.32% 0.67% 1.65% 0.44% 0.49% 1.22% 0.59% 0.00% 0.20% 0.40% 0.60% 0.80% 1.00% 1.20% 1.

  11. Slide 11: PCI Fair Value Adjustment, ACL and Capital Profile

    © 2016 Valley National Bank. Member FDIC. Equal Opportunity Lender. All Rights Reserved. Valley National Bancorp PCI Fair Value Adjustment & ACL* PCI FVA & ACL as Percent of Total Loans 1 0 4. 6 1 0 4 .9 1 0 6 .7 1 0 8 .4 1 0 7 .7 1 0 0 .0 9 1 .5 8 7 .3 1 1 7 .0 1 1 4 .2 50 60 70 80 90 100 110 120 3

  12. Slide 12: Appendix

    © 2016 Valley National Bank. Member FDIC. Equal Opportunity Lender. All Rights Reserved. Valley National Bancorp Appendix

  13. Slide 13: Asset & Loan Composition

    © 2016 Valley National Bank. Member FDIC. Equal Opportunity Lender. All Rights Reserved. Loans, 74% Securities, 14% Cash, 2% Intangible Assets, 3% Total Other Assets, 6% Total Assets Valley National Bancorp Asset & Loan Composition Commercial Real Estate, 47% Residential Mortgages, 19% Commercial Lo

  14. Slide 14: Commercial Real Estate Diversified Portfolio

    © 2016 Valley National Bank. Member FDIC. Equal Opportunity Lender. All Rights Reserved. Total Commercial Real Estate - $7.7 Billion 15% 13% 12% 12% 12% 4% 4% 4% 3% 1% 20% -Average LTV based on current balances and most recent appraised value. -The total CRE loan balance is based on Valley’s interna

  15. Slide 15: Retail Composition

    © 2016 Valley National Bank. Member FDIC. Equal Opportunity Lender. All Rights Reserved. Total Retail Property Types - $1.5 Billion 31% 25% 22% 8% 7% 4% 2% 1% -Average LTV based on current balances and most recent appraised value -The chart above excludes construction loans. -Construction compositio

  16. Slide 16: Construction Loan Composition

    © 2016 Valley National Bank. Member FDIC. Equal Opportunity Lender. All Rights Reserved. 27% 23% 20% 16% 7% 4% 2% 1% Composition Construction Loan Total Construction Loans - $669 Million 16 Primary Property Type $ Amount (Millions) % of Total 2012 1Q % of Total Apartments 180 27% 39% Residential 151

  17. Slide 17: For More Information

    © 2016 Valley National Bank. Member FDIC. Equal Opportunity Lender. All Rights Reserved. For More Information Log onto our web site: www.valleynationalbank.com E-mail requests to: tscortes@valleynationalbank.com Call Shareholder Relations at: (973) 305-3380 Write to: Valley National Bank 1455 Valley

  18. Slide 18: Opportunity Lender. All Rights Reserved.

    © 2016 Valley National Bank. Member FDIC. Equal Opportunity Lender. All Rights Reserved. 18

Valley National Bancorp — Investor Presentation (May 2016) on 6ix