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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…

VLY