8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d) OF THE

SECURITIES EXCHANGE ACT OF 1934

Date of report (Date of earliest event reported): May 12, 2008

VALLEY NATIONAL BANCORP

(Exact Name of Registrant as Specified in Charter)

New Jersey	1-11277	22-2477875
(State or Other Jurisdiction of Incorporation)	(Commission File Number)	(I.R.S. Employer Identification Number)

1455 Valley Road, Wayne, New Jersey	07470
(Address of Principal Executive Offices)	(Zip Code)

(973) 305-8800

(Registrant’s telephone number, including area code)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year.

Valley National Bancorp (the “Corporation”) has declared a 5% stock dividend to be distributed to shareholders on May 23, 2008. Effective May 12, 2008, the Corporation amended the first sentence of Article V of its Restated Certificate of Incorporation to increase by 9,089,814 shares (5%) the total authorized capital stock of the Corporation to 220,886,088 shares, consisting of 190,886,088 shares of common stock and 30,000,000 shares of preferred stock which may be issued in one or more classes or series. The amendment is attached hereto as Exhibit (3)(i).

Item 9.01 Financial Statements and Exhibits.

Exhibit

(3)(i) Amendment to the Restated Certificate of Incorporation of Valley National Bancorp, dated May 12, 2008.

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Dated: May 15, 2008	VALLEY NATIONAL BANCORP
	By:	/s/ Alan D. Eskow
		Alan D. Eskow
		Executive Vice President and Chief Financial Officer (Principal Financial Officer)

EXHIBIT INDEX

Exhibit No.	Title
(3)(i)	Amendment to the Restated Certificate of Incorporation of Valley National Bancorp, dated May 12, 2008.

EX-3.(I)

Exhibit (3)(i)

AMENDMENT TO THE

RESTATED CERTIFICATE OF INCORPORATION

OF

VALLEY NATIONAL BANCORP

Valley National Bancorp, a New Jersey corporation, pursuant to N.J.S.A. 14A:7-15.1, does hereby certify as follows:

(a) The name of the corporation is Valley National Bancorp (the “Corporation”).

(b) A 5% stock dividend was declared by the Corporation on April 7, 2008, pursuant to which one (1) share of common stock of the Corporation (“Common Stock”), no par value, will be distributed on May 23, 2008 for each twenty (20) shares of Common Stock, no par value, held by shareholders on the record date of May 9, 2008. A resolution approving the share division was adopted by the Board of Directors of the Corporation at its regular meeting held on April 7, 2008.

(c) The shares division will not adversely affect the rights or preferences of the holders of outstanding shares and will not result in the percentage of authorized shares that remains unissued after the share division exceeding the percentage of authorized shares that was unissued before the share division.

(d) There were issued and outstanding, as of the record date of May 9, 2008, 119,964,332 shares of Common Stock, no par value, which are the shares subject to the share division. As a result of the share division in which one (1) share will be issued for every twenty (20) shares issued and outstanding, those 119,964,332 shares will be divided into 125,962,549 shares issued and outstanding.

(e) The Corporation is hereby amending its certificate of incorporation in connection with the share distribution as follows:

The first sentence of “Article V” shall be amended to read as follows:

“The total authorized capital stock of the Corporation shall be 220,886,088 shares, consisting of 190,886,088 shares of Common Stock and 30,000,000 shares of Preferred Stock which may be issued in one or more classes or series.”

IN WITNESS WHEREOF, Alan D. Eskow, Executive Vice President and Chief Financial Officer of Valley National Bancorp, has executed this Certificate on behalf of Valley National Bancorp this 12^th day of May, 2008.

VALLEY NATIONAL BANCORP
By:	/s/ Alan D. Eskow
	Alan D. Eskow
	Executive Vice President and Chief Financial Officer