The increases for both periods were mainly due to an increase in advertising expense related to Valley's brand campaign, higher travel and entertainment expenses, as well as incremental increases in other operating expenses due to growth in our business.

filing / Aug 6, 2026 / receipt

The premium amortization expense associated with the credit protection totaling $ 881 thousand and $ 1.8 million for the three months ended June 30, 2026 and 2025, respectively, and $ 1.6 million and $ 3.8 million for the six months ended June 30, 2026 and 2025, respectively, was recorded within other expense reported in non-interest expense.

filing / Aug 6, 2026 / receipt

Add: Restructuring charge (1) 2,513 800 8,202 800 Add: Litigation reserve (2) 230 - 1,492 - Add: Losses on available for sale and held to maturity debt securities, net (3) - - 10 11 Add: Loss on extinguishment of debt - 922 - 922 Total non-GAAP adjustments to net income $ 2,743 $ 1,722 $ 9,704 $ 1,733 Income tax adjustments related to non-GAAP adjustments (4) (782) (474) (2,766) (477) Net income,

filing / Aug 6, 2026 / receipt

Severance expense related to workforce reductions totaled $2.5 million and $8.2 million for the three and six 64 months ended June 30, 2026, respectively, as compared to $800 thousand for both the three and six months ended June 30, 2025.

filing / Aug 6, 2026 / receipt

The increases for both periods were mainly due to an increase in advertising expense related to Valley's brand campaign, higher travel and entertainment expenses, as well as incremental increases in other operating expenses due to growth in our business.

filing / Aug 6, 2026 / receipt

The premium amortization expense associated with the credit protection totaling $ 881 thousand and $ 1.8 million for the three months ended June 30, 2026 and 2025, respectively, and $ 1.6 million and $ 3.8 million for the six months ended June 30, 2026 and 2025, respectively, was recorded within other expense reported in non-interest expense.

filing / Aug 6, 2026 / receipt

Add: Restructuring charge (1) 2,513 800 8,202 800 Add: Litigation reserve (2) 230 - 1,492 - Add: Losses on available for sale and held to maturity debt securities, net (3) - - 10 11 Add: Loss on extinguishment of debt - 922 - 922 Total non-GAAP adjustments to net income $ 2,743 $ 1,722 $ 9,704 $ 1,733 Income tax adjustments related to non-GAAP adjustments (4) (782) (474) (2,766) (477) Net income,

filing / Aug 6, 2026 / receipt

Severance expense related to workforce reductions totaled $2.5 million and $8.2 million for the three and six 64 months ended June 30, 2026, respectively, as compared to $800 thousand for both the three and six months ended June 30, 2025.

filing / Aug 6, 2026 / receipt

The increases for both periods were mainly due to an increase in advertising expense related to Valley's brand campaign, higher travel and entertainment expenses, as well as incremental increases in other operating expenses due to growth in our business.

filing / Aug 6, 2026 / receipt

The premium amortization expense associated with the credit protection totaling $ 881 thousand and $ 1.8 million for the three months ended June 30, 2026 and 2025, respectively, and $ 1.6 million and $ 3.8 million for the six months ended June 30, 2026 and 2025, respectively, was recorded within other expense reported in non-interest expense.

filing / Aug 6, 2026 / receipt

Add: Restructuring charge (1) 2,513 800 8,202 800 Add: Litigation reserve (2) 230 - 1,492 - Add: Losses on available for sale and held to maturity debt securities, net (3) - - 10 11 Add: Loss on extinguishment of debt - 922 - 922 Total non-GAAP adjustments to net income $ 2,743 $ 1,722 $ 9,704 $ 1,733 Income tax adjustments related to non-GAAP adjustments (4) (782) (474) (2,766) (477) Net income,

filing / Aug 6, 2026 / receipt

Severance expense related to workforce reductions totaled $2.5 million and $8.2 million for the three and six 64 months ended June 30, 2026, respectively, as compared to $800 thousand for both the three and six months ended June 30, 2025.

filing / Aug 6, 2026 / receipt