Valley National Bancorp (VLY)
(Delayed Data from NSDQ)
$8.89 USD
+0.68 (8.28%)
Updated Aug 23, 2024 04:00 PM ET
After-Market: $8.90 +0.01 (0.11%) 7:58 PM ET
3-Hold of 5 3
B Value F Growth F Momentum D VGM
Company Summary
Based in Wayne, NJ, Valley National is the holding company for Valley National Bank, which offers various commercial, retail, insurance and wealth management financial services products. Founded in 1927, Valley National conducts operations through almost 230 branch offices and commercial banking offices across New Jersey, New York, Florida, Alabama, California and Illinois.
Valley National reports business through the following segments:
Consumer Lending comprises residential mortgage loans, automobile loans, home equity loans, secured personal lines of credit and other consumer loans (including credit card loans). It also includes the ...
Company Summary
Based in Wayne, NJ, Valley National is the holding company for Valley National Bank, which offers various commercial, retail, insurance and wealth management financial services products. Founded in 1927, Valley National conducts operations through almost 230 branch offices and commercial banking offices across New Jersey, New York, Florida, Alabama, California and Illinois.
Valley National reports business through the following segments:
Consumer Lending comprises residential mortgage loans, automobile loans, home equity loans, secured personal lines of credit and other consumer loans (including credit card loans). It also includes the Wealth Management and Insurance Services Division, which comprises trust, asset management and insurance services.
Commercial Lending comprises floating rate and adjustable rate commercial and industrial loans and construction loans as well as fixed-rate owner occupied and commercial real estate loans.
The Investment Management segment generates a large portion of income through investments in various types of securities and interest-bearing deposits with other banks. The investments comprise fixed-rate securities, federal funds sold and interest-bearing deposits with banks.
Corporate and Other Adjustments represent income and expense items not directly attributable to a specific segment, which includes net securities gains and losses, interest expenses related to subordinated notes, amortization and impairment of tax credit investments as well as non-core items.
For more than 30 years, Valley National has been engaged in strategic acquisitions - State Bancorp (2012), 1st United Bancorp (2014), CNLBancshares (2015), USAmeriBancorp (2018), Oritani Financial Corp (2019), The Westchester Bank Holding Corporation (2021) and Bank Leumi USA, the U.S. arm of Bank Leumi Le-Israel B.M. (2022).
As of Mar 31, 2024, Valley National had total assets of $61 billion, total loans of $49.9 billion, deposits of $49.1 billion and stockholders’ equity of $6.7 billion.
General Information
Valley National Bancorp
ONE PENN PLAZA
NEW YORK, NY 10119
Phone: 973-305-8800
Fax: 973-305-1605
Email: investorrelations@valleynationalbank.com
Industry | Banks - Northeast |
Sector | Finance |
Fiscal Year End | December |
Last Reported Quarter | 6/30/2024 |
Exp Earnings Date | 10/24/2024 |
EPS Information
Current Quarter EPS Consensus Estimate | 0.19 |
Current Year EPS Consensus Estimate | 0.70 |
Estimated Long-Term EPS Growth Rate | NA |
Exp Earnings Date | 10/24/2024 |
Price and Volume Information
Zacks Rank | |
Yesterday's Close | 8.21 |
52 Week High | 11.22 |
52 Week Low | 6.47 |
Beta | 1.08 |
20 Day Moving Average | 5,919,967.00 |
Target Price Consensus | 8.95 |
4 Week | 10.16 |
12 Week | 27.91 |
YTD | -18.14 |
4 Week | 5.56 |
12 Week | 18.85 |
YTD | -35.27 |
Shares Outstanding (millions) | 509.22 |
Market Capitalization (millions) | 4,526.98 |
Short Ratio | NA |
Last Split Date | 5/9/2012 |
Dividend Yield | 4.95% |
Annual Dividend | $0.44 |
Payout Ratio | 0.55 |
Change in Payout Ratio | 0.13 |
Last Dividend Payout / Amount | 6/13/2024 / $0.11 |
Fundamental Ratios
P/E (F1) | 12.65 |
Trailing 12 Months | 11.11 |
PEG Ratio | NA |
vs. Previous Year | -53.57% |
vs. Previous Quarter | -31.58% |
vs. Previous Year | 4.38% |
vs. Previous Quarter | -0.61% |
Price/Book | 0.69 |
Price/Cash Flow | 7.10 |
Price / Sales | 1.29 |
6/30/24 | 6.53 |
3/31/24 | 7.74 |
12/31/23 | 8.67 |
6/30/24 | 0.69 |
3/31/24 | 0.82 |
12/31/23 | 0.89 |
6/30/24 | 0.99 |
3/31/24 | 1.00 |
12/31/23 | 0.99 |
6/30/24 | 0.99 |
3/31/24 | 1.00 |
12/31/23 | 0.99 |
6/30/24 | 12.05 |
3/31/24 | 14.34 |
12/31/23 | 16.47 |
6/30/24 | 10.79 |
3/31/24 | 12.88 |
12/31/23 | 14.82 |
6/30/24 | 14.40 |
3/31/24 | 17.36 |
12/31/23 | 20.16 |
6/30/24 | 12.82 |
3/31/24 | 12.81 |
12/31/23 | 12.79 |
6/30/24 | 41.84 |
3/31/24 | 35.84 |
12/31/23 | 44.44 |
6/30/24 | 0.51 |
3/31/24 | 0.51 |
12/31/23 | 0.37 |
6/30/24 | 33.02 |
3/31/24 | 33.04 |
12/31/23 | 26.25 |