VALLEY NATL BANCORP

Ticker: VLY CUSIP: 919794107 Class: Common Stock

THIRD AVENUE MANAGEMENT LLC's Holding History (CIK: 0001099281)

Note: Option positions (PUT/CALL) are excluded.

Q4 2017

Shares 189,675 Value ($000) $2,129 Avg Close $11.59 Range $10.84 - $12.29

Q3 2017

Shares 189,675 Value ($000) $2,286 Avg Close $11.52 Range $10.61 - $12.43

Q2 2017

Shares 282,975 Value ($000) $3,342 Avg Close $11.71 Range $11.11 - $12.39

Q1 2017

Shares 337,775 Value ($000) $3,986 Avg Close $12.00 Range $11.19 - $12.82

Q4 2016

Shares 508,775 Value ($000) $5,922 Avg Close $10.69 Range $9.36 - $12.14

Q3 2016

Shares 510,883 Value ($000) $4,971 Avg Close $9.34 Range $8.73 - $9.86

Q2 2016

Shares 726,953 Value ($000) $6,630 Avg Close $9.36 Range $8.49 - $10.20

Q1 2016

Shares 726,953 Value ($000) $6,935 Avg Close $9.08 Range $8.31 - $9.76

Q4 2015

Shares 726,392 Value ($000) $7,155 Avg Close $10.39 Range $9.50 - $11.24

Q3 2015

Shares 672,934 Value ($000) $6,622 Avg Close $9.84 Range $9.04 - $10.50

Q2 2015

Shares 672,934 Value ($000) $6,938 Avg Close $9.74 Range $9.26 - $10.48

Q1 2015

Shares 672,934 Value ($000) $6,352 Avg Close $9.46 Range $8.80 - $9.80

Q4 2014

Shares 473,304 Value ($000) $4,596 Avg Close $9.69 Range $9.05 - $10.09

Q3 2014

Shares 866,857 Value ($000) $8,400 Avg Close $9.85 Range $9.38 - $10.18

Q2 2014

Shares 866,857 Value ($000) $8,591 Avg Close $10.04 Range $9.42 - $10.81

Q1 2014

Shares 1,384,409 Value ($000) $14,412 Avg Close $10.02 Range $9.28 - $10.50

Q4 2013

Shares 1,379,621 Value ($000) $13,962 Avg Close $10.03 Range $9.67 - $10.53

Q3 2013

Shares 1,383,246 Value ($000) $13,763 Avg Close $10.10 Range $9.41 - $10.72

Q2 2013

Shares 1,462,501 Value ($000) $13,850 Avg Close $9.34 Range $8.75 - $10.28

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2017	189,675	$2,129	$11.59	$10.84 - $12.29
Q3 2017	189,675	$2,286	$11.52	$10.61 - $12.43
Q2 2017	282,975	$3,342	$11.71	$11.11 - $12.39
Q1 2017	337,775	$3,986	$12.00	$11.19 - $12.82
Q4 2016	508,775	$5,922	$10.69	$9.36 - $12.14
Q3 2016	510,883	$4,971	$9.34	$8.73 - $9.86
Q2 2016	726,953	$6,630	$9.36	$8.49 - $10.20
Q1 2016	726,953	$6,935	$9.08	$8.31 - $9.76
Q4 2015	726,392	$7,155	$10.39	$9.50 - $11.24
Q3 2015	672,934	$6,622	$9.84	$9.04 - $10.50
Q2 2015	672,934	$6,938	$9.74	$9.26 - $10.48
Q1 2015	672,934	$6,352	$9.46	$8.80 - $9.80
Q4 2014	473,304	$4,596	$9.69	$9.05 - $10.09
Q3 2014	866,857	$8,400	$9.85	$9.38 - $10.18
Q2 2014	866,857	$8,591	$10.04	$9.42 - $10.81
Q1 2014	1,384,409	$14,412	$10.02	$9.28 - $10.50
Q4 2013	1,379,621	$13,962	$10.03	$9.67 - $10.53
Q3 2013	1,383,246	$13,763	$10.10	$9.41 - $10.72
Q2 2013	1,462,501	$13,850	$9.34	$8.75 - $10.28