Valley National
Valley National returned its bailout funds on Dec. 23, 2009
| Disbursed | $300,000,000 |
| Returned | $300,000,000 |
| Revenue to Gov't | $18,550,758 |
| Profit | $18,550,758 |
Jump to table of transactions
Map: Corporate headquarters of Valley National.
Wayne,
N.J.
See all recipients in New Jersey
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About This Project
We're tracking where the bailout money is going. Our lead bailout reporter – and blogger – is ProPublica's . Lead developer is .
- Our frequently updated database tracks every dollar. In the scorecard, we provide a summary generated from the latest numbers.
- Our bailout recipient list tracks the companies to which Treasury has committed money.
Events
-
$6M Revenue
May 18, 2010 Warrant Proceeds
Part of Capital Purchase ProgramMore info from www.financialstability.gov -
$528K Revenue
Dec. 23, 2009 Dividend Payment
Part of Capital Purchase ProgramMore info from www.financialstability.gov -
$100M Payback
Dec. 23, 2009 Repayment
Part of Capital Purchase ProgramMore info from www.financialstability.gov -
$1M Revenue
Nov. 16, 2009 Dividend Payment
Part of Capital Purchase ProgramMore info from www.financialstability.gov -
$125M Payback
Sep. 23, 2009
Part of Capital Purchase ProgramMore info from www.financialstability.gov -
$660K Revenue
Sep. 23, 2009 Dividend Paid
Part of Capital Purchase ProgramMore info from www.financialstability.gov -
$3M Revenue
Aug. 17, 2009 Dividends Paid in Aug. 2009
Part of Capital Purchase Program -
$188K Revenue
Jun. 3, 2009 Dividend Paid
Part of Capital Purchase ProgramMore info from www.financialstability.gov -
$75M Payback
Jun. 3, 2009
Part of Capital Purchase ProgramMore info from www.snl.com -
$8M Revenue
May 31, 2009 Dividends Paid Through 5/31/2009
This amount reflects the sum of dividends paid up to 5/31/2009
Part of Capital Purchase Program -
$300M Bailout
Nov. 14, 2008 Purchase - Preferred Stock w/ Warrants
Part of Capital Purchase ProgramMore info from www.forbes.com
| Date | Type | Amount | Program | Description |
|---|---|---|---|---|
| 05/18/2010 | Warrant | $5,571,592 | CPP | Warrant Proceeds |
| 12/23/2009 | Refund | $100,000,000 | CPP | Repayment |
| 12/23/2009 | Dividend | $527,778 | CPP | Dividend Payment |
| 11/16/2009 | Dividend | $1,250,000 | CPP | Dividend Payment |
| 09/23/2009 | Refund | $125,000,000 | CPP | |
| 09/23/2009 | Dividend | $659,722 | CPP | Dividend Paid |
| 08/17/2009 | Dividend | $2,812,500 | CPP | Dividends Paid in Aug. 2009 |
| 06/03/2009 | Refund | $75,000,000 | CPP | |
| 06/03/2009 | Dividend | $187,500 | CPP | Dividend Paid |
| 05/31/2009 | Dividend | $7,541,667 | CPP | Dividends Paid Through 5/31/2009 |
| 11/14/2008 | Purchase | $300,000,000 | CPP | Purchase - Preferred Stock w/ Warrants |
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