Regulatory and Capital Requirements (Tables)

12 Months Ended

Dec. 31, 2024

Financial Services, Banking and Thrift [Abstract]

Schedule of Actual Capital Positions and Ratios under Banking Regulations

The following table presents Valley’s and Valley National Bank’s actual capital positions and ratios under the Basel III risk-based capital guidelines at December 31, 2024 and 2023:

	Actual				Minimum Capital Requirements				To Be Well Capitalized Under Prompt Corrective Action Provision
	Amount		Ratio		Amount		Ratio		Amount		Ratio
	($ in thousands)
As of December 31, 2024
Total Risk-based Capital
Valley	$	6,703,186	13.87	%	$	5,076,004	10.50	%	N/A		N/A
Valley National Bank	6,535,892		13.53		5,071,696		10.50		$	4,830,187	10.00	%
Common Equity Tier 1 Capital
Valley	5,230,632		10.82		3,384,002		7.00		N/A		N/A
Valley National Bank	6,041,434		12.51		3,381,131		7.00		3,139,621		6.50
Tier 1 Risk-based Capital
Valley	5,584,699		11.55		4,109,146		8.50		N/A		N/A
Valley National Bank	6,041,434		12.51		4,105,659		8.50		3,864,149		8.00
Tier 1 Leverage Capital
Valley	5,584,699		9.16		2,438,649		4.00		N/A		N/A
Valley National Bank	6,041,434		9.91		2,438,511		4.00		3,048,139		5.00
As of December 31, 2023
Total Risk-based Capital
Valley	$	5,855,633	11.76	%	$	5,228,447	10.50	%	N/A		N/A
Valley National Bank	5,794,213		11.64		5,228,403		10.50		$	4,979,431	10.00	%
Common Equity Tier 1 Capital
Valley	4,623,473		9.29		3,485,631		7.00		N/A		N/A
Valley National Bank	5,420,894		10.89		3,485,602		7.00		3,236,630		6.50
Tier 1 Risk-based Capital
Valley	4,838,314		9.72		4,232,552		8.50		N/A		N/A
Valley National Bank	5,420,894		10.89		4,232,517		8.50		3,983,545		8.00
Tier 1 Leverage Capital
Valley	4,838,314		8.16		2,372,129		4.00		N/A		N/A
Valley National Bank	5,420,894		9.14		2,372,322		4.00		2,965,403		5.00