EX-99.1 2 theaccountantsstatement12b.htm EXHIBIT 99.1 Exhibit
Exhibit 99.1



KPMG LLP
51 John F. Kennedy Parkway
Short Hills, NJ

March 2, 2020

Valley National Bancorp
Wayne, NJ

Ladies and Gentlemen:

Pursuant to Rule 12b-25 of the General Rules and Regulations under the Securities Exchange Act of 1934, we inform you that we have been furnished a copy of Form 12b-25, to be filed by Valley National Bancorp (the Company), on or about March 2, 2020, which contains notification of the registrant’s inability to file its Form 10-K by March 2, 2020. We have read the Company’s statements contained in Part III therein and we agree with the stated reason as to why we have been unable to complete our audit and report on the Company’s consolidated financial statements for the year ended December 31, 2019 to be included in its Form 10-K.

Very truly yours,

/s/ KPMG LLP