UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d) OF THE

SECURITIES EXCHANGE ACT OF 1934

Date of report (Date of earliest event reported): May 18, 2010

VALLEY NATIONAL BANCORP

(Exact Name of Registrant as Specified in Charter)

(973) 305-8800

(Registrant’s telephone number, including area code)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

On May 24, 2010, the U.S. Department of the Treasury (the “Treasury”) sold, in a secondary public offering, 2,532,542 warrants (the “Warrant Offering”), each representing the right to purchase one share of the common stock, no par value per share, of Valley National Bancorp (the “Company”), at an exercise price of $17.77 per share (the “Warrants”), pursuant to an underwriting agreement dated May 18, 2010 (the “Underwriting Agreement”) among the Company, Treasury and Deutsche Bank Securities Inc. as the underwriter. The public offering price and the allocation of the Warrants in this offering were determined by an auction process.

The Company did not receive any of the proceeds of the Warrant Offering. The Warrant Offering was only made under a prospectus supplement and the accompanying prospectus filed with the Securities and Exchange Commission pursuant to the Company’s automatic shelf registration statement on Form S-3 (Registration No. 333-156370).

In connection with the Warrant Offering, the Company, its directors and certain of its officers have entered into 45-day “lock-up” agreement in substantially the form included in the Underwriting Agreement and subject to customary exceptions. Additionally, the Company entered into a warrant agreement dated May 18, 2010 (the “Warrant Agreement”) between the Company and American Stock Transfer & Trust Company, LLC as warrant agent.

In connection with the Warrant Offering, the Company is filing as exhibits to this Current Report on Form 8-K the following documents:

The foregoing description of the Underwriting Agreement, Warrant Agreement, Warrants and other documents relating to this transaction does not purport to be complete and is qualified in its entirety by reference to the full text of these documents and securities, forms or copies of which are incorporated by reference or are attached as exhibits to this Current Report on Form 8-K and are incorporated herein by reference.

(d) Exhibit

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

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