Valley National Bank CEO discusses strong business finances and emerging concerns
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In a CNBC Television transcript published on 2026-10-23, the speaker identified by the title as Valley National Bank’s CEO describes very strong company balance sheets and high profitability, while reporting unease among business owners about conversations with their clients. He suggests something concerning may be on the horizon and says conversations may be slowing. He discusses the interest rate environment and AI’s effects on business models, alongside efforts to obtain positive operating leverage. The excerpt contains no quantified forecast or trade proposal.
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