Valley National Bancorp to Acquire Bluevine for About $340 Million

Valley National Bancorp (VLY) said on September 28, 2026, that it agreed to acquire Bluevine, a nationwide digital banking platform serving small businesses, in a deal valued at approximately $340 million. The two companies entered into a definitive agreement covering the transaction. The announcement did not disclose the mix of cash and stock or the expected closing timetable. Bluevine operates a digital platform aimed at small-business banking customers, a segment Valley has targeted as it expands beyond its traditional branch footprint. The acquisition would add digital lending and deposit capabilities to the regional bank's franchise.