Valley National Bancorp (VLY) To Acquire Bluevine For ~$340M
Valley National Bancorp agreed to acquire Bluevine for approximately $340M, paid ~75% in cash and ~25% in stock, adding ~$2.1B low—cost deposits. Deal expected to close in early 2027, subject to approvals, and be ~8% EPS accretive in 2028.Material DetailsContext by AI AnalystThis is a strategic ste…