Valley National Bank (VLY) shares skyrocket, what you need to know

Shares of regional banking company Valley National Bancorp (NASDAQ:VLY) jumped 5.1% in the afternoon session after the company reported third-quarter 2026 adjusted earnings per share and revenue above Wall Street expectations. According to the company’s press release, Valley National reported net income of $206.3 million, or 36 cents a diluted share, compared with $170.9 million, or 29 cents, in the prior quarter and $163.4 million, or 28 cents, a year earlier. Adjusted earnings of 36 cents topp