09:18 AM EDT, 07/25/2024 (MT Newswires) -- Valley National Bancorp ( VLY ) reported Q2 adjusted earnings Thursday of $0.13 per share, down from $0.28 a year earlier.

Analysts polled by Capital IQ expected $0.19.

Revenue for the quarter ended June 30, expressed as the sum of net interest income and total noninterest income, was $452.9 million, down from $479.8 million a year earlier.

Analysts surveyed by Capital IQ expected $459.9 million.

Valley National shares were down 2.3% in recent premarket activity.

Price: 7.55, Change: -0.28, Percent Change: -3.55