trending Market Intelligence /marketintelligence/en/news-insights/trending/UQmTLaDIcmYz1P6wxxpBgA2 content esgSubNav
In This List

Valley National prices common stock offering

Blog

Commercial Banking: June 22nd Edition

Blog

Commercial Banking Newsletter June Edition - 2022

Podcast

Street Talk | Episode 96: Considering recession risks, prospects that the Fed achieves a 'soft landing'

Blog

Insight Weekly: US recession outlook; mortgage activity slowdown; climate disclosure push


Valley National prices common stock offering

Valley National Bancorp priced its public offering of 8,400,000 common shares, it said in a press release.

Keefe Bruyette & Woods is serving as the sole book-running manager for the offering. A spokesman for Valley National told S&P Global Market intelligence that the selling price to the underwriter was nonpublic information. The company expects to close the offering on Dec. 13.

Valley plans to use the proceeds for general corporate uses, including support for the continued growth of Valley National Bank's loan portfolio.