Valley National Bancorp将以3.4亿美元收购Bluevine

2026-09-28 19:38

Valley National Bancorp (VLY) will acquire digital banking platform Bluevine for total consideration of about $340 million, both companies said on Monday.
The consideration is expected to consist of about 75% cash and 25% Valley common stock, the companies said, adding that inclusive of expected synergies, the acquisition is expected to be nearly 8% accretive to estimated 2028 earnings per share.
The transaction is also expected to result in nearly 5% tangible book value dilution at closing, with an estimated earn back period of about 3 years.
"The acquisition directly aligns with Valley’s stated strategic priorities of enhancing its funding base, expanding its small business franchise, and accelerating its digital and artificial intelligence strategy," the companies added.
Founded in 2013, New Jersey-based Bluevine serves roughly 175,000 active small business customers.
The acquisition is expected to close in early 2027.
Press release

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