Valley National Bancorp reported earnings results for the fourth quarter and full year ended December 31, 2022. For the fourth quarter, the company reported net interest income was USD 465.82 million compared to USD 315.3 million a year ago. Net income was USD 177.59 million compared to USD 115.04 million a year ago. Basic earnings per share from continuing operations was USD 0.34 compared to USD 0.27 a year ago. Diluted earnings per share from continuing operations was USD 0.34 compared to USD 0.27 a year ago.
For the full year, net interest income was USD 1,655.64 million compared to USD 1,209.9 million a year ago. Net income was USD 568.85 million compared to USD 473.84 million a year ago. Basic earnings per share from continuing operations was USD 1.14 compared to USD 1.13 a year ago. Diluted earnings per share from continuing operations was USD 1.14 compared to USD 1.12 a year ago.