Valley National Bancorp (VLY) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good day and thank you for standing by. Welcome to Q2 2026 Valley National Bancorp Earnings Conference Call. At this time, all participants are in a listen-only mode. After the speaker's presentation, there'll be a question and answer session. To ask a question during the session, you'll need to press star 11 on your telephone. You will then hear an automated message advising your hand is raised. To withdraw your question, please press star 11 again. Please be advised that today's conference is being recorded. I would now like to turn the call over to Andrew Giannetti. Please go ahead. Good morning and welcome to Valley's second quarter 2026 earnings conference call. I am joined today by CEO Ira Robbins and CFO Travis Lan. Our quarterly earnings release and supporting documents are available at valley.com. Reconciliations of any non-GAAP measures mentioned on the call can be found in today's earnings release and presentation. Please also note slide two of our earnings presentation. And remember that comments made today may include forward-looking statements about Valley National Bancorp and the banking industry and actual results may differ from those statements. For more information on these forward-looking statements and associated risk factors, please refer to our SEC filings including Forms 8-K, 10-Q and 10-K. With that, I'll turn the call over to Ira Robbins. Thank you, Andrew. Our second quarter results illustrate continued progress against our strategic growth priorities. We delivered strong customer deposit growth, including meaningful growth and non-sparing balances. We generated diverse loan growth concentrated in C&I and owner-occupied commercial real estate. And we continue to expand fee income in both absolute dollars and a percentage of revenue. We rema...