Valley National Bancorp reported consolidated net charge-offs for the fourth quarter ended December 31, 2022. For the quarter, the company reported net loan charge-offs totaled $22.4 million, largely due to the partial charge-off of a single non-performing loan, as compared to net recoveries of loan charge-offs of $5.6 million and $624 thousand for the third quarter 2022 and fourth quarter 2021, respectively.