Investor Presentation

EXHIBIT 99.1

©

2013  Valley National Bank. Member FDIC. Equal Opportunity Lender.

©

2013  Valley National Bank. Member FDIC. Equal Opportunity Lender.

2

Forward Looking Statements

The foregoing contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995.  Such statements are

not historical facts and include expressions about management’s confidence and strategies and management’s expectations about new and existing

programs and products, acquisitions, relationships, opportunities, taxation, technology, market conditions and economic expectations. These

statements may be identified by such forward-looking terminology as “should,” “expect,” “believe,” “view,” “opportunity,” “allow,” “continues,”

“reflects,” “typically,” “usually,” “anticipate,” or similar statements or variations of such terms. Such forward-looking statements involve certain risks

and uncertainties. Actual results may differ materially from such forward-looking statements. Factors that may cause actual results to differ

materially from those contemplated by such forward-looking statements include, but are not limited to: a severe decline in the general economic

conditions of New Jersey and the New York Metropolitan area; higher than expected loan delinquencies, loss of collateral, decreased service

revenues, and other potential negative effects on our business from the recent damages to our primary markets by Hurricane Sandy; declines in

value in our investment portfolio, including additional other-than-temporary impairment charges on our investment securities; unanticipated

deterioration in our loan portfolio; an unanticipated reduction in our “originate and sell” residential mortgage strategy or a slowdown in residential

mortgage loan refinance activity; Valley’s inability to pay dividends at current levels, or at all, because of inadequate future earnings, regulatory

restrictions or limitations, and changes in the composition of qualifying regulatory capital and minimum capital requirements (including those

resulting from the U.S. implementation of Basel III requirements); higher than expected increases in our allowance for loan losses; higher than

expected increases in loan losses or in the level of nonperforming loans; unexpected changes in interest rates; higher than expected tax rates,

including increases resulting from changes in tax laws, regulations and case law; an unexpected decline in real estate values within our market areas;

charges against earnings related to the change in fair value of our junior subordinated debentures; higher than expected FDIC insurance

assessments; the failure of other financial institutions with whom we have trading, clearing, counterparty and other financial relationships; lack of

liquidity to fund our various cash obligations; unanticipated reduction in our deposit base; potential acquisitions that may disrupt our business;

government intervention in the U.S. financial system and the effects of and changes in trade and monetary and fiscal policies and laws, including the

interest rate policies of the Federal Reserve; legislative and regulatory actions (including the impact of the Dodd-Frank Wall Street Reform and

Consumer Protection Act and related regulations) subject us to additional regulatory oversight which may result in increased compliance costs

and/or require us to change our business model; changes in accounting policies or accounting standards; our inability to promptly adapt to

technological changes; our internal controls and procedures may not be adequate to prevent losses; claims and litigation pertaining to fiduciary

responsibility, environmental laws and other matters; the inability to realize expected cost savings and revenue synergies from the merger of State

Bancorp with Valley in the amounts or in the timeframe anticipated; inability to retain State Bancorp’s customers and employees; lower than

expected cash flows from purchased credit impaired loans; and other unexpected material adverse changes in our operations or earnings.

A detailed discussion of factors that could affect our results is included in our SEC filings, including the “Risk Factors” section of our Annual Report on

Form 10-K for the year ended December 31, 2011. We undertake no duty to update any forward-looking statement to conform the statement to

actual results or changes in our expectations. Although we believe that the expectations reflected in the forward-looking statements are reasonable,

we cannot guarantee future results, levels of activity, performance or achievements. 

©

2013  Valley National Bank. Member FDIC. Equal Opportunity Lender.

Valley National Bank

•

Focus on Credit Quality

•

Conservative Strategies

•

Never Had a Losing Quarter

•

Affluent and Heavily Populated

Footprint

•

Strong Customer Service

•

Experienced Senior and Executive

Management

•

Large percentage of retail

ownership

–

Long-term investment approach

–

Focus on cash and stock

dividends

•

Large insider ownership, family

members, retired employees and

retired directors

•

Approximately 280 institutional

holders  or 44% of all shares held*

Our Approach

3

*Source: Bloomberg as of  2/7/2013

Large Bank that Operates and Feels  

Like a Small Closely Held Company

Valley National Bank

•

Traded on the NYSE (VLY)

•

Regional Bank Holding Company

•

Headquartered in Wayne, NJ

•

Operates 210 Branches

Corporate Profile

–

Northern NJ

–

Central NJ

–

Manhattan

–

Brooklyn

–

Queens

–

Long Island

As of 12/31/2012

Total Assets

$16.0 billion

Total Loans

(Covered, Non-Covered & HFS)

$11.1 billion

Total Deposits

$11.3 billion

Market Cap

$1.9 billion*

*Source: Bloomberg as of  1/30/2013

As of 12/31/2012

4

•

2012 Total NY Relationships

•

$2.8 billion in NY deposits

•

$2.1 billion in NY loans

©

2013  Valley National Bank. Member FDIC. Equal Opportunity Lender.

©

2013  Valley National Bank. Member FDIC. Equal Opportunity Lender.

Valley’s 4Q 2012 Highlights

Highlights

•

4Q 2012 net income of $36.8 million or $0.19

diluted EPS compared to $24.5 million or $0.14

diluted EPS

•

Despite Hurricane Sandy and the holiday

season, residential mortgage originations

totaled a record high $531 million

•

Net charge-offs were $4.3 million or 0.15% of

average total loans

Residential Originations*

Net Charge-Offs & Allowance*

Dashboard

*Non-Covered Loans Only

As of 12/31/2012

5

*Originations expressed in millions

Residential Applications

$383

$451

$531

0

200

400

600

4Q 2011

3Q 2012

4Q 2012

8,566

10,702

15,153

0

5,000

10,000

15,000

20,000

2010

2011

2012

0.60%

0.21%

0.15%

1.26%

1.09%

1.11%

0.00%

0.50%

1.00%

1.50%

4Q 2011

3Q 2012

4Q 2012

NCO

Allowance

©

2013  Valley National Bank. Member FDIC. Equal Opportunity Lender.

Asset & Loan

Composition

Total Assets

$16.0 Billion

Non-Covered Loans (Gross)

$10.8 Billion

*Other Assets includes bank owned branch locations carried at a

cost estimated by management to be significantly less than the

current market value.

As of 12/31/2012

6

Intangible

Assets 3%

Other

Assets* 8%

Cash 5%

Securities

15%

Non-Covered Loans

68%

Covered Loans

1%

Commercial

Real Estate

41%

Construction

Loans 4%

Other Consumer

6%

Auto Loans

7%

Commercial

Loans

19%

Residential

Mortgages

23%

At 12/31/2009 – CRE 37%, Residential 21%, C&I 19%, Auto 11%, Other Consumer 7%, C&D 5%

©

2013  Valley National Bank. Member FDIC. Equal Opportunity Lender.

New Loan Originations

Trend

2

year

average

increase

between

2010

-

2012

7

52%

Average

Increase

39%

Average

Increase

105%

Average

Increase

20%

Average

Increase

$0

$500,000

$1,000,000

$1,500,000

$2,000,000

$2,500,000

CRE

C&I

Residential

Consumer

2010

2011

2012

©

2013  Valley National Bank. Member FDIC. Equal Opportunity Lender.

Total

Commercial

Real

Estate

-

$4.5

Billion

(Includes both Covered and Non-Covered Loans)

Primary Property

Type

$ Amount

(Millions)

% of

Total

2009 Avg

LTV

2012 Avg

LTV

Retail

1,066

24%

50%

50%

Apartments

843

19%

49%

37%

Industrial

783

17%

53%

51%

Office

521

11%

54%

50%

Mixed Use

497

11%

46%

44%

Healthcare

297

7%

61%

59%

Specialty

281

6%

49%

49%

Residential

92

2%

52%

51%

Land Loans

111

2%

58%

64%

Other

42

1%

46%

40%

8

Commercial Real Estate

Diversified Portfolio

As of 12/31/2012

-Average LTV based on current balances and most recent appraised value.

-

LTV calculation excludes Covered-Loans.

-The total CRE loan balance  is based on Valley’s internal loan hierarchy structure and does not reflect loan

classifications reported in Valley’s SEC and bank regulatory reports.

-The chart above does not include $397 Million in Construction loans.

Retail

24%

19%

17%

11%

11%

7%

6%

©

2013  Valley National Bank. Member FDIC. Equal Opportunity Lender.

Total Retail Property Types -

$1.1 Billion

(Non-Covered Loans)

Retail Property Type

% of

Total

2009

Avg LTV

Multi-Tenanted -

No Anchor

24%

56%

53%

Multi-Tenanted -

Anchor

23%

50%

51%

Single Tenant

23%

51%

51%

Auto Dealership

9%

50%

49%

Private & Public Clubs

7%

30%

32%

Food Establishments

5%

52%

54%

Entertainment Facilities

4%

43%

54%

Private Education Facilities

3%

51%

45%

Auto Servicing

2%

53%

48%

-Average LTV based on current balances and most recent appraised value

-LTV calculation excludes covered loans 

-The chart above does not include construction loans.

9

Retail Composition

Commercial Real Estate

As of 12/31/2012

2012

Avg LTV

24%

23%

23%

9%

7%

5%

4%

©

2013  Valley National Bank. Member FDIC. Equal Opportunity Lender.

Primary Property

Type

$ Amount

(Millions)

2009 %

of Total

2012 %

of Total

Residential

130

50%

32%

Retail

75

8%

19%

Apartments

64

2%

16%

Land Loans

48

13%

12%

Mixed Use

41

15%

10%

Other

13

3%

3%

Industrial

3

1%

1%

Office

1

4%

1%

Healthcare

11

2%

3%

Specialty

11

1%

3%

10

Composition

Construction Loan

Total Construction Loans -

$397 Million

(Non-Covered Loans)

-Construction loan balance is based on Valley’s internal loan hierarchy

structure and does not reflect loan classifications reported in Valley’s SEC

and bank regulatory reports.

As of 12/31/2012

32%

19%

16%

12%

10%

3%

©

2013  Valley National Bank. Member FDIC. Equal Opportunity Lender.

Asset Quality

2012 YTD Net Charge-offs

*Source: SNL 1/30/2013

*

As of 12/31/2012

11

0.21%

0.56%

0.48%

0.11%

0.19%

0.25%

0.50%

0.68%

1.99%

0.61%

0.75%

1.62%

0.00%

0.50%

1.00%

1.50%

2.00%

2.50%

CRE

C&I

C&D

Residential

Home

Equity

Consumer

VLY

Peers

Peer group includes banks between $3 billion and $50 billion in assets

©

2013  Valley National Bank. Member FDIC. Equal Opportunity Lender.

Investment Portfolio

By Investment Grade

Key Comments

Key Highlights & Composition

•

$2.4 billion investment portfolio

•

As part of Valley’s macro asset/liability

strategy, the bank continues to manage the

duration of its investment portfolio

•

No OTTI recognized during 4Q 2012,

compared to $4.7 million during 3Q 2012

•

Net gains on securities transactions were

immaterial for 4Q 2012 compared with $1.5

million during 3Q 2012

AAA

67%

AA

12%

A

2%

BBB

5%

Non Investment Grade

4%

Not Rated

10%

Investment Type

2009

2012

GSE MBS (GNMA)

30%

38%

State, County, Municipals

8%

17%

GSE MBS (FNMA/FHLMC)

28%

14%

Trust Preferred

13%

10%

US Treasury

9%

8%

Other

5%

7%

Corporate Bonds

3%

4%

Private Label MBS

4%

2%

By Investment Type

As of 12/31/2012

12

12%

2%

5%

4%

10%

38%

17%

14%

10%

8%

67%

©

2013  Valley National Bank. Member FDIC. Equal Opportunity Lender.

Liability & Deposit

Composition

Total Liabilities

$14.5 Billion

Total Deposits

$11.3 Billion

As of 12/31/2012

13

Other

Liabilities

3%

Long-term

Borrowings 18%

Total Deposits

78%

Non-Interest

Bearing

32%

Time Deposits

22%

Interest Bearing

46%

Short-term

Borrowings 1%

©

2013  Valley National Bank. Member FDIC. Equal Opportunity Lender.

Deposits & Borrowings

Non-Interest Bearing Deposits

Key Comments

Cost of Long Term Borrowings

Key Highlights and Comments

•

4Q 2012 total cost of funds declined 1 basis

point linked quarter to 1.25%

•

Increase in non-interest bearing deposit

composition led to a 3 basis point decline in

cost of deposits linked quarter to 0.49%

•

NY deposits represent approximately 25%

of all deposits

*Period Ending Balances as % of Total Period Ending Deposits

As of 12/31/2012

14

27.0%

28.8%

31.6%

24%

26%

28%

30%

32%

2010

2011

2012

4.45%

4.37%

4.21%

4.0%

4.1%

4.2%

4.3%

4.4%

4.5%

2010

2011

2012

©

2013  Valley National Bank. Member FDIC. Equal Opportunity Lender.

Significant unrealized gain on facilities, referenced in slide 6,

not incorporated in capital ratios reflected above.

*Non-GAAP reconciliations shown on slides 18 and 19

Capital Ratios

As of

12/31/2012

“Well

Capitalized”

Tangible Common Equity /

Tangible Assets

6.71%

N/A

Tangible Common Equity /

Risk-Weighted Assets

9.14%

N/A

Tier I Common Ratio

9.24%

N/A

Tier I

10.87%

6.00%

Tier II

12.38%

10.00%

Leverage

8.09%

5.00%

Book Value

$7.57

N/A

Tangible Book Value

$5.26

N/A

Regulatory Capital

Composition & Ratios

As of 12/31/2012

15

LL Reserve

9%

Sub-debt 3%

Trust Preferred

13%

Tier I Common

Capital 75%

Total Tier II Capital

$1.4 Billion

©

2013  Valley National Bank. Member FDIC. Equal Opportunity Lender.

Shareholder Returns

16

Historical Financial Data (1)

(Dollars in millions, except for share data)

2012

16,013

$   

143.6

$   

$0.73

0.91

%

9.57

%

$0.65

5/12  -

5%

Stock Dividend

2011

14,253

132.5

0.74

0.93

10.11

0.66

5/11  -

5%

Stock Dividend

2010

14,151

130.0

0.73

0.92

10.23

0.65

5/10  -

5%

Stock Dividend

2009

14,291

114.8

0.57

0.80

8.55

0.66

5/09  -

5%

Stock Dividend

2008

14,724

92.3

0.57

0.68

8.61

0.66

5/08  -

5%

Stock Dividend

2007

12,749

153.2

1.00

1.25

16.43

0.65

5/07  -

5%

Stock Dividend

2006

12,395

163.7

1.04

1.33

17.24

0.64

5/06  -

5%

Stock Dividend

2005

12,436

163.4

1.06

1.39

19.17

0.62

5/05  -

5%

Stock Dividend

2004

10,763

154.4

1.05

1.51

22.77

0.60

5/04  -

5%

Stock Dividend

2003

9,873

153.4

1.05

1.63

24.21

0.57

5/03  -

5%

Stock Dividend

2002

9,148

154.6

1.01

1.78

23.59

0.54

5/02  -

5:4

Stock Split

2001

8,590

135.2

0.85

1.68

19.70

0.51

5/01  -

5%

Stock Dividend

2000

6,426

106.8

0.82

1.72

20.28

0.48

5/00  -

5%

Stock Dividend

1999

6,360

106.3

0.77

1.75

18.35

0.45

5/99  -

5%

Stock Dividend

1998

5,541

97.3

0.74

1.82

18.47

0.41

5/98  -

5:4

Stock Split

1997

5,091

85.0

0.68

1.67

18.88

0.36

5/97  -

5%

Stock Dividend

Years Ended

(2)

Total Assets

Net Income

(3)

Common Stock Splits and Dividends

Diluted

Earnings Per

Common

Share

Return on

Average

Assets

Return on

Average

Equity

Cash Dividends

Declared Per

Common Share

(1)

(2)

(3)

All per share amounts have been adjusted retroactively for stock splits  and stock dividends during the periods presented. Data for the years prior to 2001 in the table above exclude certain prior year

results for merger transactions accounted for using the pooling-of-interests method.

Previously reported results for 2011, 2010, 2009 and 2008 have been revised to reflect an increase in non-interest expense, which after taxes, reduced net income by $1.1 million, $1.2 million, $1.2 million

and $1.3 million, respectively, and reduced basic and diluted earnings per common share by $0.01 for each of these years.  Total assets and the other statistical data presented in the table have been

revised accordingly.

Net income includes other-than-temporary impairment charges on investment securities, net of tax benefit, totaling  $3.0 million, $12.2 million, $2.9 million, $4.0 million, $49.9 million, $10.4 million, and

$3.0 million for the years ended 2012, 2011, 2010, 2009, 2008, 2007, and 2006, respectively. 

©

2013  Valley National Bank. Member FDIC. Equal Opportunity Lender.

For More Information

Log onto our web site:   www.valleynationalbank.com

E-mail requests to:   dgrenz@valleynationalbank.com

Call Shareholder Relations at: (973) 305-3380

Write to:  Valley National Bank

1455 Valley Road

Wayne, New Jersey 07470

Attn:     Dianne M. Grenz, First Senior Vice President

Director of Marketing, Shareholder & Public Relations

Log onto our website above or www.sec.gov to obtain free copies of documents

filed by Valley with the SEC

17

©

2013  Valley National Bank. Member FDIC. Equal Opportunity Lender.

Total Equity

$1,502,377

Total Assets

$16,012,646

Less: Net unrealized gains on securities

available for sale

3,269

Less: Goodwill & Other Intangible Assets

(459,357)

Plus: Accumulated net gains (losses) on cash

flow hedges, net of tax

12,676

Total Tangible Assets  (TA)

$15,553,289

Plus: Pension liability adjustment, net of tax

34,964

Total Equity

$1,502,377

Less: Goodwill, net of tax

(428,234)

Less: Goodwill & Other Intangible Assets

(459,357)

Less: Disallowed other intangible assets

(15,037)

Total Tangible Common Equity (TCE)

$1,043,020

Less: Disallowed deferred tax asset

(55,012)

Tier I Common Capital

$1,055,003

Ratios

Plus: Trust preferred securities

186,313

TCE / TA

6.71%

Total Tier I Capital

$1,241,316

TCE / RWA

9.14%

Plus: Qualifying allowance for credit losses

$132,495

Plus: Unrealized gains on equity securities

90

Tier I (Total Tier I / RWA)

10.87%

Plus: Qualifying sub debt

40,000

Tier II (Total Tier II / RWA)

12.38%

Total Tier II Capital

$1,413,901

Risk Weighted Assets (RWA)

$11,417,521

Tier I Common Capital Ratio

(Tier 1 common /RWA)

9.24%

12/31/2012

Non-GAAP Disclosure Reconciliations

($ in Thousands)

18

©

2013  Valley National Bank. Member FDIC. Equal Opportunity Lender.

12/31/2012

Non-GAAP Disclosure Reconciliations

($ in Thousands)

Common Shares Outstanding

198,438,271

Shareholders’ Equity

$1,502,377

Less: Goodwill and Other

Intangible Assets

(459,357)

Tangible Shareholders’ Equity

$1,043,020

Tangible Book Value

$5.26

19