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News 2026-09-28 11:55 UTC

Valley National Bancorp to Acquire Bluevine for $340M in Cash and Stock

By Kelly CloonanValley National Bancorp agreed to acquire Bluevine, a digital banking platform for small businesses, for total consideration of about $340 million in cash and stock.Valley said Monday the deal is part of its efforts to improve its funding base, expand its small business franchise an…

News 2026-09-28 11:36 UTC

Valley To Acquire Bluevine For ~$340M

Valley National Bancorp ("Valley") (NASDAQ: VLY ) and Bluevine Inc. ("Bluevine") announced today that they have entered into a definitive agreement whereby Valley will acquire Bluevine, a leading nationwide digital banking platform for small businesses. The acquisition directly aligns with Valley’s stated strategic pri

News 2026-09-28 11:32 UTC

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…