Valley National Bancorp Amends The Record Date For Its Regular Quarterly Preferred Stock Dividend

WAYNE, N.J., March 3, 2017 /PRNewswire/ -- Valley National Bancorp (NYSE: VLY) ("Valley"), the holding company for Valley National Bank, announced today that the record date for its previously announced preferred stock cash dividend of $0.390625 per share on its 6.25% Fixed-To-Floating Rate Non-Cumulative Perpetual Preferred Stock Series A has been changed from March 10, 2017 to March 15, 2017.  The cash dividend will continue to be paid on March 30, 2017.  No changes have been made to either the record date or the payment date of Valley's common stock dividend of 0.11 per share to be paid April 3, 2017 to shareholders of record on March 15, 2017.

About Valley
Valley National Bancorp is a regional bank holding company headquartered in Wayne, New Jersey with approximately $23 billion in assets. Its principal subsidiary, Valley National Bank, currently operates over 200 branch locations in northern and central New Jersey, the New York City boroughs of Manhattan, Brooklyn, Queens and Long Island, and Florida. Valley National Bank is one of the largest commercial banks headquartered in New Jersey with Executive Offices in Manhattan and West Palm Beach. For more information about Valley National Bank and its products and services, please visit a convenient branch location, valleynationalbank.com or call our 24/7 Customer Service Team at 800-522-4100.

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 management's confidence and strategies and management's expectations about new and existing programs and products, acquisitions, relationships, opportunities, taxation, technology, market conditions and economic expectations. These statements may be identified by such forward-looking terminology as "should," "expect," "believe," "view," "opportunity," "allow," "continues," "reflects," "typically," "usually," "anticipate," or similar statements or variations of such terms. Such forward-looking statements involve certain risks and uncertainties and Valley's actual results may differ materially from such forward-looking statements. Factors that may cause actual results to differ materially from those contemplated by such forward-looking statements include, but are not limited to those risk factors disclosed in Valley's Annual Report on Form 10-K for the year ended December 31, 2016.

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SOURCE Valley National Bancorp