Valley National Bancorp · NASDAQ:VLY

Valley National Bancorp — Investor Presentation (February 2015)

17 slides from Valley National Bancorp's investor presentation, Feb 10, 2015

  1. Slide 1: Investor Presentation

    © 2014 Valley National Bank. Member FDIC. Equal Opportunity Lender. All Rights Reserved. Investor Presentation EXHIBIT 99.1

  2. Slide 2: Forward Looking Statements

    © 2014 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: Valley National Bancorp: Our Approach

    © 2014 Valley National Bank. Member FDIC. Equal Opportunity Lender. All Rights Reserved. Valley National Bancorp • Focus on credit quality • Measured growth strategies • Never had a losing quarter • Heavily populated footprint • Strong customer service • Experienced senior and executive management •

  4. Slide 4: Valley's Franchise

    © 2014 Valley National Bank. Member FDIC. Equal Opportunity Lender. All Rights Reserved. Valley’s Franchise 204 Branches New Jersey & New York NJ 72% NY 19% Loans NJ 69% NY 20% Deposits 4 16 Counties Demographic Overview NJ Core Market(1) New York City(2) Long Island U.S.A. Avg. Pop. per Sq. Mile 5,

  5. Slide 5: Valley's Franchise: Florida

    © 2014 Valley National Bank. Member FDIC. Equal Opportunity Lender. All Rights Reserved. • Business Friendly – #1 tax climate for businesses in the Southeast U.S. • Zero personal income tax • 5.5% Corporate Business Tax Rate – Pro-business Governor and legislative agenda – Competitive cost of doing

  6. Slide 6: Valley's Franchise: Growth Potential by Region

    © 2014 Valley National Bank. Member FDIC. Equal Opportunity Lender. All Rights Reserved. Valley’s Franchise • Rudy Schupp (1st United CEO) is President of Florida Division • Florida lending and credit teams successfully retained • Long-term incentive program to maintain Relationship Managers • Signi

  7. Slide 7: Valley's 4Q 2014 Highlights

    © 2014 Valley National Bank. Member FDIC. Equal Opportunity Lender. All Rights Reserved. $194.2 $124.9 $114.6 $96.9 $88.8 $83.1 $50 $100 $150 $200 Sep-13 Dec-13 Mar-14 Jun-14 Sep-14 Dec-14 Th o u sa n d s Valley’s 4Q 2014 Highlights 4Q Highlights Year Over Year Loan Growth* • 4Q 2014 net income of $

  8. Slide 8: PCI Fair Value Adjustment & ALLL; Strong Capital Profile

    © 2014 Valley National Bank. Member FDIC. Equal Opportunity Lender. All Rights Reserved. Valley National Bancorp PCI Fair Value Adjustment & ALLL PCI FVA & ALLL as Percent of Total Loans 1 1 7 .1 1 0 9. 3 1 0 5 .6 1 0 4 .6 1 0 4 .3 8 5 .0 8 0 .7 7 4 .2 6 7 .6 1 0 5 .9 50 60 70 80 90 100 110 120 12/3

  9. Slide 9: Funding Base – Scheduled Maturities

    © 2014 Valley National Bank. Member FDIC. Equal Opportunity Lender. All Rights Reserved. Valley National Bancorp Funding Base – Scheduled Maturities (thousands) 2015 2016 2017 2018 Borrowings 125,000 326,979 805,000 505,000 Derivatives* 100,000 200,000 100,000 - Total $225,000 $526,979 $905,000 $505

  10. Slide 10: Asset & Loan Composition

    © 2014 Valley National Bank. Member FDIC. Equal Opportunity Lender. All Rights Reserved. Valley National Bancorp Asset & Loan Composition Non-Covered Loans 71% Securities 14% Covered Loans <1% <2> Cash 4% Intangible Assets 3% Other Assets <1> 7% Commercial Real Estate 45.5% Residential Mortgages 19%

  11. Slide 11: Asset Quality – 2014 Average Net Charge-offs

    © 2014 Valley National Bank. Member FDIC. Equal Opportunity Lender. All Rights Reserved. Asset Quality 2003 – 2014 Average Net Charge-offs 0.07% 0.48% 0.20% 0.05% 0.04% 0.46% 0.20% 0.32% 0.77% 1.66% 0.40% 0.43% 1.42% 0.63% 0.00% 0.50% 1.00% 1.50% 2.00% 2.50% CRE C&I C&D Residential Home Equity Consu

  12. Slide 12: Commercial Real Estate Diversified Portfolio

    © 2014 Valley National Bank. Member FDIC. Equal Opportunity Lender. All Rights Reserved. Total Commercial Real Estate - $6.2 Billion (Includes both Covered and Non-Covered Loans) 14% 13% 12% 11% 10% 5% 5% 4% 2% 1% Retail 23% -Average LTV based on current balances and most recent appraised value. - L

  13. Slide 13: Retail Composition Commercial Real Estate

    © 2014 Valley National Bank. Member FDIC. Equal Opportunity Lender. All Rights Reserved. Total Retail Property Types - $1.3 Billion 27% 23% 22% 9% 7% 4% 3% 3% 2% Retail Property Type % of Total Avg LTV 2010 Avg LTV Multi-Tenanted - Anchor 27% 53% 49% Single Tenant 23% 55% 51% Multi-Tenanted – No Anc

  14. Slide 14: Composition Construction Loan

    © 2014 Valley National Bank. Member FDIC. Equal Opportunity Lender. All Rights Reserved. 33% 25% 13% 10% 9% 5% 2% 2% 1% Composition Construction Loan Total Construction Loans - $435 Million -Construction loan balance is based on Valley’s internal loan hierarchy structure and does not reflect loan cl

  15. Slide 15: Shareholder Returns

    © 2014 Valley National Bank. Member FDIC. Equal Opportunity Lender. All Rights Reserved. Shareholder Returns (1) All per share amounts have been adjusted retroactively for stock splits and stock dividends during the periods presented. Data for the years prior to 2001 in the table above exclude certa

  16. Slide 16: For More Information

    © 2014 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

  17. Slide 17: Opportunity Lender. All Rights Reserved.

    © 2014 Valley National Bank. Member FDIC. Equal Opportunity Lender. All Rights Reserved. 17

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