Exhibit 99.1 News Release FOR IMMEDIATE RELEASE Contact: Travis Lan Executive Vice President and Interim Chief Financial Officer 973-686-5007 VALLEY NATIONAL BANCORP REPORTS FOURTH QUARTER 2024 RESULTS New York, NY – January 23, 2025 -- Valley National Bancorp (NASDAQ:VLY), the holding company for Valley National Bank, today reported net income for the fourth quarter 2024 of $115.7 million, or $0.20 per diluted common share, as compared to the third quarter 2024 net income of $97.9 million, or $0.18 per dil ...