Valley National Bancorp · NASDAQ:VLY

Valley National Bancorp — Investor Presentation (February 2017)

19 slides from Valley National Bancorp's investor presentation, Feb 8, 2017

  1. Slide 1: Investor Presentation

    © 2010 Valley National Bank. Member FDIC. Equal Opportunity Lender. © 2017 Valley National Bank®. Member FDIC. Equal Opportunity Lender. All Rights Reserved. Investor Presentation EXHIBIT 99.1

  2. Slide 2: Forward Looking Statements

    © 2010 Valley National Bank. Member FDIC. Equal Opportunity Lender. 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 expressions about manageme

  3. Slide 3: Overview of Valley National Bancorp

    © 2010 Valley National Bank. Member FDIC. Equal Opportunity Lender. Valley National Bancorp • Traded on the New York Stock Exchange (NYSE: VLY) • Regional Bank Holding Company • Headquartered in Wayne, New Jersey • Founded in 1927 Overview of Valley National Bancorp Branches 209 ATMs 225 *Total empl

  4. Slide 4: Valley National Bancorp: Core, Demographic and Shareholder Focus

    © 2010 Valley National Bank. Member FDIC. Equal Opportunity Lender. Valley National Bancorp *Data as of January 26, 2017 Since the Bank was founded in 1927, Valley has never produced a losing quarter • Customer centric culture with experienced commercial lenders • Superior credit quality • Measured

  5. Slide 5: Our 2020 Vision

    © 2010 Valley National Bank. Member FDIC. Equal Opportunity Lender. Our 2020 Vision 5 NJ NY FL Vision Statement • A premier commercial banking franchise with a diversified balance sheet • Asset generator in three (3) of the best markets on the East Coast Strategic Focus • Enhance noninterest revenue

  6. Slide 6: New York & New Jersey Franchise

    © 2010 Valley National Bank. Member FDIC. Equal Opportunity Lender. New York & New Jersey Franchise 178 Branches Loans Deposits 16 Counties Core Demographic Overview NJ Core Market(1) New York City(2) Long Island U.S.A. Avg. Pop. / Sq. Mile 6,079 40,520 3,147 91 Avg. Household Income $103,362 $91,38

  7. Slide 7: Florida Franchise

    © 2010 Valley National Bank. Member FDIC. Equal Opportunity Lender. Florida Franchise FL 11% Loans FL 15% Deposits 31 Branches 14 Counties Core Demographic Overview Central Tampa(1) Central Orlando(2) Southeast(3) Florida Avg. Pop. / Sq. Mile 2,219 1,101 1,308 379 Avg. Household Income $69,745 $65,8

  8. Slide 8: Valley's 4Q 2016 Highlights

    © 2010 Valley National Bank. Member FDIC. Equal Opportunity Lender. 8 Valley’s 4Q 2016 Highlights Loan Growth for Select Portfolios(1) Financial Highlights • Net interest income of $166.6 million increased $10.3 million from the previous quarter • Net interest margin of 3.27 percent up 13 bps from t

  9. Slide 9: Diversified Funding Sources

    © 2010 Valley National Bank. Member FDIC. Equal Opportunity Lender. 9 Diversified Funding Sources Deposit Growth Trend ($, in billions) 11.4 14.3 16.3 17.7 2013 2014 2015 2016 Interest Bearing Non-Interest Bearing 16% CAGR Betas & Change in Duration Indicate Less Sensitivity to Increase in Rates Oth

  10. Slide 10: LIFT: Earnings Enhancement Program

    © 2010 Valley National Bank. Member FDIC. Equal Opportunity Lender. 10 LIFT: Earnings Enhancement Program ROAA: Improving our operating results Program Highlights Remain focused on our efficiency ratio(1) 2017 Key Milestones • Leveraging industry respected consultant EHS Partners LLC – Prior experie

  11. Slide 11: Average Net Charge-Offs to Loans by Category

    © 2010 Valley National Bank. Member FDIC. Equal Opportunity Lender. Average Net Charge-Offs to Loans by Category 0.07% 0.47% 0.26% 0.06% 0.07% 0.42% 0.19% 0.29% 1.15% 1.59% 0.45% 0.52% 1.37% 0.71% 0.00% 0.20% 0.40% 0.60% 0.80% 1.00% 1.20% 1.40% 1.60% 1.80% CRE C&I C&D Residential Home Equity Consume

  12. Slide 12: Capital Strength

    © 2010 Valley National Bank. Member FDIC. Equal Opportunity Lender. Capital Strength 1 0 8 .4 1 0 7. 7 1 1 0 .4 1 1 2 .9 1 1 6 .6 1 1 7 .0 1 1 4 .2 1 1 0 .5 1 0 6 .3 9 9 .3 50 60 70 80 90 100 110 120 12/31/15 3/31/16 6/30/16 9/30/16 12/31/16 Allowance for Credit Loss Fair Value Adjustment Millions 0

  13. Slide 13: Appendix

    © 2010 Valley National Bank. Member FDIC. Equal Opportunity Lender. Valley National Bancorp Appendix

  14. Slide 14: Diversified Portfolio

    © 2010 Valley National Bank. Member FDIC. Equal Opportunity Lender. Diversified Portfolio Commercial Real Estate, 51% Residential Mortgages, 17% Commercial Loans, 15% Auto Loans, 7% Other Consumer, 6% Construction, 5% (1)Capital is defined as regulatory tier I capital at the Bank plus the allowance

  15. Slide 15: Total Commercial Real Estate - $8.7 Billion

    © 2010 Valley National Bank. Member FDIC. Equal Opportunity Lender. Total Commercial Real Estate - $8.7 Billion (Includes both Covered and Non-Covered Loans) 19% 13% 12% 11% 12% 4% 4% 3% 2% 1% 19% -Average LTV based on current balances and most recent appraised value. -The total CRE loan balance is

  16. Slide 16: Total Retail Property Types - $1.7 Billion

    © 2010 Valley National Bank. Member FDIC. Equal Opportunity Lender. Total Retail Property Types - $1.7 Billion 28% 27% 23% 7% 6% 5% 3% 1% -Average LTV based on current balances and most recent appraised value -The chart above excludes construction loans. Construction composition displayed separately

  17. Slide 17: Composition of Construction

    © 2010 Valley National Bank. Member FDIC. Equal Opportunity Lender. 33% 21% 14% 17% 7% 3% 3% 2% Composition of Construction 17 Total Construction Loans - $737 Million -Construction loan balance is based on Valley’s internal loan hierarchy structure and does not reflect loan classifications reported

  18. Slide 18: Operating Efficiency Calculation

    © 2010 Valley National Bank. Member FDIC. Equal Opportunity Lender. Operating Efficiency Calculation for efficiency ratio Three Months Ended Twelve Months Ended ($, thousands) December 31, 2016 September 30, 2016 June 30, 2016 March 31, 2016 December 31, 2015 December 31, 2016 December 31, 2015 Net

  19. Slide 19: For More Information

    © 2010 Valley National Bank. Member FDIC. Equal Opportunity Lender. For More Information Log onto our web site: www.valleynationalbank.com E-mail requests to: [email protected] Call Shareholder Relations at: (973) 305-3380 Write to: Valley National Bank 1455 Valley Road Wayne, New Jers

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