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Valley National reports Q4 adjusted 13c, consensus 14c

Reports Q4 revenue $474.179M, consensus $467.97M. Ira Robbins, CEO, commented, “I am pleased with the successful execution of our balance sheet initiatives during 2024. We have substantially strengthened our financial position with incremental capital, an improved funding base, higher loan reserve coverage, and enhanced loan diversity. We believe these efforts will provide momentum for profitability improvement in 2025.”

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