Valley National Bancorp Company Profile (NYSE:VLY)

About Valley National Bancorp

Valley National Bancorp logoValley National Bancorp is the bank holding company for Valley National Bank (the Bank). The Bank provides a range of commercial, retail, insurance and wealth management financial services products. The Company's segments include Consumer Lending; Commercial Lending; Investment Management, and Corporate and Other Adjustments. The consumer lending segment includes its residential mortgages, home equity loans and automobile loans. The commercial lending segment primarily includes floating rate and adjustable rate commercial and industrial loans, as well as fixed rate owner occupied and commercial real estate loans. The investment management segment includes the Company's investments in various types of securities, its federal funds sold and interest-bearing deposits with banks (primarily the Federal Reserve Bank of New York). The Bank has over 230 branches serving northern and central New Jersey, the New York City boroughs of Manhattan, Brooklyn, Queens and Long Island, and Florida.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Regional - Northeast Banks
  • Sub-Industry: Regional Banks
  • Exchange: NYSE
  • Symbol: VLY
  • CUSIP: 91979410
Key Metrics:
  • Previous Close: $12.51
  • 50 Day Moving Average: $11.89
  • 200 Day Moving Average: $10.65
  • 52-Week Range: $8.49 - $12.55
  • Trailing P/E Ratio: 19.84
  • Foreward P/E Ratio: 16.01
  • P/E Growth: 3.57
  • Market Cap: $3.30B
  • Outstanding Shares: 263,638,000
  • Beta: 0.9
Profitability:
  • Net Margins: 19.32%
  • Return on Equity: 7.78%
  • Return on Assets: 0.76%
Debt:
  • Debt-to-Equity Ratio: 0.65%
  • Current Ratio: 0.93%
  • Quick Ratio: 0.92%
Additional Links:
Companies Related to Valley National Bancorp:

Analyst Ratings

Consensus Ratings for Valley National Bancorp (NYSE:VLY) (?)
Ratings Breakdown: 2 Hold Ratings
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: $9.50 (23.94% downside)

Analysts' Ratings History for Valley National Bancorp (NYSE:VLY)
Show:
DateFirmActionRatingPrice TargetDetails
1/31/2017Sandler O'NeillDowngradeBuy -> HoldView Rating Details
8/8/2016Piper Jaffray CompaniesDowngradeOverweight -> Neutral$10.00 -> $9.50View Rating Details
1/28/2016Royal Bank Of CanadaLower Price TargetSector Perform$11.00 -> $9.00View Rating Details
10/29/2015Keefe, Bruyette & WoodsLower Price Target$10.00 -> $9.50View Rating Details
8/25/2015GuggenheimUpgradeSell -> NeutralView Rating Details
7/1/2015J P Morgan Chase & CoUpgradeUnderweight -> Neutral$9.50 -> $11.00View Rating Details
5/28/2015American Capital PartnersUpgradeNeutral -> Buy$11.00View Rating Details
(Data available from 2/23/2015 forward)

Earnings

Earnings History for Valley National Bancorp (NYSE:VLY)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
4/25/2017        
1/25/2017Q416$0.18$0.19$187.05 millionViewN/AView Earnings Details
10/26/2016Q316$0.16$0.16$178.31 millionViewListenView Earnings Details
7/27/2016Q216$0.16$0.15$176.54 million$175.72 millionViewListenView Earnings Details
4/27/2016Q116$0.15$0.14$177.81 millionViewListenView Earnings Details
1/27/2016Q415$0.15$0.01$165.42 millionViewListenView Earnings Details
10/28/2015Q315$0.15$0.15$159.28 millionViewListenView Earnings Details
7/30/2015Q215$0.15$0.14$154.77 millionViewListenView Earnings Details
4/30/2015Q115$0.11$0.13$153.07 millionViewN/AView Earnings Details
1/29/2015Q414$0.14$0.11$142.80 millionViewN/AView Earnings Details
10/29/2014Q314$0.14$0.14$138.00 million$128.80 millionViewN/AView Earnings Details
7/30/2014Q214$0.14$0.15$135.40 million$129.83 millionViewListenView Earnings Details
4/24/2014Q114$0.14$0.17$136.13 millionViewN/AView Earnings Details
1/30/2014Q413$0.15$0.20$139.21 millionViewListenView Earnings Details
10/24/2013Q313$0.15$0.14$139.30 million$134.06 millionViewListenView Earnings Details
7/25/2013Q2 2013$0.16$0.17$144.22 million$142.77 millionViewListenView Earnings Details
4/24/2013Q1 2013$0.18$0.16$151.55 millionViewListenView Earnings Details
1/30/2013Q4 2012$0.19$0.19$152.55 millionViewN/AView Earnings Details
10/25/2012$0.17$0.20ViewN/AView Earnings Details
7/26/2012$0.18$0.17ViewN/AView Earnings Details
4/26/2012$0.19$0.18ViewN/AView Earnings Details
1/26/2012$0.19$0.23ViewN/AView Earnings Details
10/27/2011$0.21$0.21ViewN/AView Earnings Details
7/28/2011$0.21$0.22ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Valley National Bancorp (NYSE:VLY)
Current Year EPS Consensus Estimate: $0.70 EPS
Next Year EPS Consensus Estimate: $0.78 EPS

Dividends

Current Dividend Information for Valley National Bancorp (NYSE:VLY)
Annual Dividend:$0.44
Dividend Yield:3.52%
Dividend Growth:-12.20% (3 Year Average)
Payout Ratio:68.75% (Based on Trailing 12 Months of Earnings)
62.86% (Based on Current Year Consensus EPS Estimate)
56.41% (Based on Next Year Consensus EPS Estimate)

Dividend History for Valley National Bancorp (NYSE:VLY)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
11/18/2016quarterly$0.113.91%12/13/201612/15/20161/3/2017
8/24/2016quarterly$0.114.66%9/13/20169/15/201610/3/2016
5/27/2016quarterly$0.114.61%6/13/20166/15/20167/1/2016
2/24/2016quarterly$0.114.95%3/11/20163/15/20164/1/2016
11/24/2015Quarterly$0.1112/11/201512/15/20151/4/2016
8/19/2015$0.119/11/20159/15/201510/1/2015
5/21/2015quarterly$0.114.49%6/11/20156/15/20157/1/2015
2/27/2015quarterly$0.114.58%3/11/20153/13/20154/1/2015
11/19/2014quarterly$0.114.49%12/11/201412/15/20151/2/2015
8/20/2014quarterly$0.114.4%9/11/20149/15/201410/1/2014
5/20/2014quarterly$0.114.57%6/11/20146/13/20147/1/2014
2/26/2014quarterly$0.114.39%3/12/20143/14/20144/1/2014
11/19/2013quarterly$0.114.48%12/11/201312/13/20131/2/2014
8/13/2013quarterly$0.166.12%9/11/20139/13/201310/1/2013
5/21/2013quarterly$0.167.09%6/12/20136/14/20137/1/2013
2/20/2013quarterly$0.166.49%3/13/20133/15/20134/1/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Valley National Bancorp (NYSE:VLY)
Insider Ownership Percentage: 3.82%
Institutional Ownership Percentage: 52.26%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
6/14/2016Mary GuilfoileDirectorSell10,000$9.11$91,100.00View SEC Filing  
5/26/2016Peter P CrocittoCOOSell3,175$9.44$29,972.00View SEC Filing  
6/23/2015Marc J LennerDirectorBuy4,000$25.00$100,000.00View SEC Filing  
6/19/2015Gerald H LipkinCEOBuy5,950$25.00$148,750.00View SEC Filing  
3/4/2015Robert J MulliganEVPSell8,000$9.63$77,040.00View SEC Filing  
2/18/2015Stephen P DaveySVPSell5,541$9.53$52,805.73View SEC Filing  
12/16/2014Andrew B AbramsonDirectorSell5,172$9.25$47,841.00View SEC Filing  
3/11/2014Robert FarrellEVPSell15,000$10.37$155,550.00View SEC Filing  
2/25/2014Robert FarrellEVPSell40,000$9.98$399,200.00View SEC Filing  
12/13/2013Bernadette MuellerVPSell3,200$9.77$31,264.00View SEC Filing  
5/21/2013Pamela R BronanderDirectorSell5,000$9.39$46,950.00View SEC Filing  
11/19/2012Robert MeyerEVPBuy2,500$9.18$22,950.00View SEC Filing  
11/16/2012Andrew B AbramsonDirectorBuy1,000$8.84$8,840.00View SEC Filing  
11/16/2012James G LawrenceEVPBuy2,000$8.94$17,880.00View SEC Filing  
11/15/2012Alan D EskowCFOBuy2,500$8.85$22,125.00View SEC Filing  
11/15/2012Eric P EdelsteinDirectorBuy2,000$8.73$17,460.00View SEC Filing  
11/15/2012Gerald H LipkinCEOBuy4,670$8.89$41,516.30View SEC Filing  
11/15/2012Peter P CrocittoCOOBuy1,000$8.81$8,810.00View SEC Filing  
11/14/2012Barnett RukinDirectorBuy2,700$8.76$23,652.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Valley National Bancorp (NYSE:VLY)
DateHeadline
bizjournals.com logoSilicon Valley bank sticks to startup focus following Western Alliance merger (NYSE:VLY)
www.bizjournals.com - February 21 at 4:23 PM
nasdaq.com logoVLY April 21st Options Begin Trading (NYSE:VLY)
www.nasdaq.com - February 21 at 4:23 PM
News IconShould You Buy Valley National Bancorp (VLYWW) On Current Analyst Views? (NYSE:VLY)
oakridgeobserver.com - February 19 at 7:26 PM
News IconDividend Growth of Valley National Bancorp(VLY) - Highland Mirror (NYSE:VLY)
www.highlandmirror.com - February 19 at 8:16 AM
News IconAnalysts Watch Valley National Bancorp (NYSE:VLY) And Issue New Targets (NYSE:VLY)
mundoaguaysaneamiento.net - February 18 at 11:25 AM
News IconBuy or Sell? What Analysts Recommends: RSP Permian, Inc. (RSPP), Valley National Bancorp (VLY) - StockNewsJournal (NYSE:VLY)
www.stocknewsjournal.com - February 17 at 6:28 AM
News IconAnalysts Near-Term outlook: Valley National Bancorp (VLY), Zendesk, Inc. (ZEN) - The USA Commerce (NYSE:VLY)
theusacommerce.com - February 17 at 6:28 AM
News IconA Keen Look At The Chart For Valley National Bancorp (VLY) - NY Stock News (NYSE:VLY)
nystocknews.com - February 17 at 6:28 AM
News IconBuy or Sell? What Analysts Recommends: RSP Permian, Inc. (RSPP ... - StockNewsJournal (NYSE:VLY)
stocknewsjournal.com - February 17 at 6:28 AM
News IconAnalyst's Predictions on Valley National Bancorp (VLY), Dunkin' Brands Group, Inc. (DNKN) - StockNewsJournal (NYSE:VLY)
stocknewsjournal.com - February 14 at 3:47 PM
News IconSell-Side Analyst's Predictions: Valley National Bancorp (VLY), CoreCivic, Inc. (CXW) - The USA Commerce (NYSE:VLY)
theusacommerce.com - February 14 at 6:55 AM
News IconWhy to Keeping Eye on TCF Financial Corporation (TCB), Valley ... - StockNewsJournal (NYSE:VLY)
stocknewsjournal.com - February 11 at 6:11 AM
News IconValley National Bank Promotes Anthony Catanese to Senior Vice President – VNB® Cash Value Line of Credit Portfolio Manager (NYSE:VLY)
www.tapinto.net - February 10 at 6:28 AM
News IconValley National Bank appoints SVP (NYSE:VLY)
www.njbiz.com - February 9 at 6:35 AM
News IconValley National Bank appoints SVP (NYSE:VLY)
www.njbiz.com - February 9 at 6:35 AM
streetinsider.com logoForm 8-K VALLEY NATIONAL BANCORP For: Feb 08 (NYSE:VLY)
www.streetinsider.com - February 9 at 6:35 AM
streetinsider.com logoForm 8-K VALLEY NATIONAL BANCORP For: Feb 08 (NYSE:VLY)
www.streetinsider.com - February 9 at 6:35 AM
biz.yahoo.com logoVALLEY NATIONAL BANCORP Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and Exhibits (NYSE:VLY)
biz.yahoo.com - February 9 at 6:35 AM
News IconWhat are Analyst's Indicators for Diamondback Energy, Inc. (FANG), Valley National Bancorp (VLY) - The USA Commerce (NYSE:VLY)
theusacommerce.com - February 7 at 3:34 PM
News IconValley National Bancorp (VLY) : Checking the Chart - The USA Commerce (NYSE:VLY)
www.theusacommerce.com - February 7 at 1:46 AM
istreetwire.com logoTrader's Round Up: DiamondRock Hospitality Company (DRH), Valley National Bancorp (VLY), Mueller Water ... - iStreetWire (NYSE:VLY)
istreetwire.com - February 6 at 10:07 AM
capitalcube.com logoETFs with exposure to Valley National Bancorp : February 2, 2017 (NYSE:VLY)
www.capitalcube.com - February 3 at 6:39 AM
News IconEarnings Forecast Research on Valley National Bancorp (VLY) - Morning Outlook (NYSE:VLY)
www.morningoutlook.com - February 2 at 6:38 AM
News IconEarnings Forecast Research on Valley National Bancorp (VLY) - Morning Outlook (NYSE:VLY)
www.morningoutlook.com - February 2 at 6:38 AM
capitalcube.com logoValley National Bancorp : VLY-US: Dividend Analysis : December 15th, 2016 (record date) : By the numbers : January 31, 2017 (NYSE:VLY)
www.capitalcube.com - February 1 at 7:19 AM
News IconStocks Roundup: Valley National Bancorp (NYSE:VLY), SLM Corporation (NASDAQ:SLM) - The Newburgh Press (NYSE:VLY)
newburghpress.com - January 30 at 3:47 PM
News IconUpward Mounting Stock Reaches New Heights: Valley National Bancorp (NYSE:VLY) - Wall Street Beacon (NYSE:VLY)
wsbeacon.com - January 30 at 3:47 PM
capitalcube.com logoValley National Bancorp :VLY-US: Earnings Analysis: 2016 By the Numbers : January 30, 2017 (NYSE:VLY)
www.capitalcube.com - January 30 at 3:47 PM
News IconValley National Bank promotes two (NYSE:VLY)
libn.com - January 29 at 3:57 AM
News IconStreet Session Update on Valley National Bancorp (NYSE:VLY/WS) (NYSE:VLY)
hypelee.com - January 29 at 3:57 AM
News IconInside the Numbers: Looking at This Stock: Valley National Bancorp (VLY) - Springdale Times (NYSE:VLY)
springdaletimes.com - January 27 at 3:46 PM
istreetwire.com logoStocks Under Review: People's United Financial, Inc. (PBCT), Valley National Bancorp (VLY), Immunomedics, Inc ... - iStreetWire (NYSE:VLY)
istreetwire.com - January 27 at 3:46 PM
News IconThe Technical Case for and Against Valley National Bancorp (VLY) - The USA Commerce (NYSE:VLY)
theusacommerce.com - January 27 at 3:46 PM
News IconStock Continues Its Ascent, Reaching New High: Valley National Bancorp (NYSE:VLY) - Wall Street Beacon (NYSE:VLY)
wsbeacon.com - January 27 at 3:46 PM
News IconChecking Out the Technicals for Valley National Bancorp (VLY) - The USA Commerce (NYSE:VLY)
theusacommerce.com - January 27 at 3:46 PM
seekingalpha.com logoValley National Bancorp's (VLY) CEO Gerald Lipkin on Q4 2016 Results - Earnings Call Transcript - Seeking Alpha (NYSE:VLY)
seekingalpha.com - January 27 at 3:46 PM
streetinsider.com logoForm 4 VALLEY NATIONAL BANCORP For: Jan 24 Filed by: Robbins Ira (NYSE:VLY)
www.streetinsider.com - January 27 at 6:38 AM
4-traders.com logoVALLEY NATIONAL BANCORP : Financial Statements and Exhibits (form 8-K) (NYSE:VLY)
www.4-traders.com - January 27 at 6:38 AM
News IconOne Stock Analysts Are Watching - Valley National Bancorp (VLYWW) (NYSE:VLY)
myhealthbowl.com - January 27 at 6:37 AM
biz.yahoo.com logoVALLEY NATIONAL BANCORP Files SEC form 8-K, Financial Statements and Exhibits (NYSE:VLY)
biz.yahoo.com - January 27 at 6:37 AM
News IconThe Sterling Bancorp (STL) Shares Bought by Sei Investments Co (NYSE:VLY)
larampadinapoli.com - January 26 at 2:22 AM
News IconNext Weeks Broker Price Targets For Valley National Bancorp (VLYWW) (NYSE:VLY)
flapship.com - January 26 at 2:22 AM
finance.yahoo.com logoEdited Transcript of VLY earnings conference call or presentation 25-Jan-17 4:00pm GMT (NYSE:VLY)
finance.yahoo.com - January 26 at 2:22 AM
us.rd.yahoo.com logo8:03 am Valley National beats by $0.01 (NYSE:VLY)
us.rd.yahoo.com - January 25 at 9:20 PM
reuters.com logoBRIEF-Valley National Bancorp reports Q4 earnings per share $0.19 (NYSE:VLY)
www.reuters.com - January 25 at 4:19 PM
News IconIs Valley National Bancorp’s (VLY) growth strong enough to justify its January share price? (NYSE:VLY)
simplywall.st - January 25 at 4:19 PM
4-traders.com logoVALLEY NATIONAL BANCORP : Results of Operations and Financial Condition, Financial Statements and Exhibits (form 8-K) (NYSE:VLY)
www.4-traders.com - January 25 at 4:19 PM
finance.yahoo.com logoValley National Bancorp Reports Strong Increase In Fourth Quarter Net Income, Solid Net Interest Margin … (NYSE:VLY)
finance.yahoo.com - January 25 at 4:19 PM
biz.yahoo.com logoQ4 2016 Valley National Bancorp Earnings Release - Before Market Open (NYSE:VLY)
us.rd.yahoo.com - January 25 at 4:19 PM
us.rd.yahoo.com logoValley National Bancorp Reports Strong Increase In Fourth Quarter Net Income, Solid Net Interest Margin And Commercial Loan Growth (NYSE:VLY)
us.rd.yahoo.com - January 25 at 4:19 PM

Social

What is Valley National Bancorp's stock symbol?

Valley National Bancorp trades on the New York Stock Exchange (NYSE) under the ticker symbol "VLY."

How often does Valley National Bancorp pay dividends? What is the dividend yield for Valley National Bancorp?

Valley National Bancorp declared a quarterly dividend on Friday, November 18th. Stockholders of record on Thursday, December 15th will be paid a dividend of $0.11 per share on Tuesday, January 3rd. This represents a $0.44 dividend on an annualized basis and a dividend yield of 3.52%. The ex-dividend date of this dividend is Tuesday, December 13th.

Where is Valley National Bancorp's stock going? Where will Valley National Bancorp's stock price be in 2017?

2 analysts have issued 12 month price targets for Valley National Bancorp's shares. Their forecasts range from $9.50 to $9.50. On average, they anticipate Valley National Bancorp's stock price to reach $9.50 in the next year.

When will Valley National Bancorp announce their earnings?

Valley National Bancorp is scheduled to release their next quarterly earnings announcement on Tuesday, April, 25th 2017.

Who owns Valley National Bancorp stock?

Valley National Bancorp's stock is owned by many different of retail and institutional investors. Top institutional shareholders include State Street Corp (4.98%), Dimensional Fund Advisors LP (4.31%), Barrow Hanley Mewhinney & Strauss LLC (2.70%), Renaissance Technologies LLC (1.21%), Denver Investment Advisors LLC (0.94%) and FMR LLC (0.68%). Company insiders that own Valley National Bancorp stock include Gerald H Lipkin, Marc J Lenner, Mary Guilfoile, Peter P Crocitto and Robert J Mulligan.

Who sold Valley National Bancorp stock? Who is selling Valley National Bancorp stock?

Valley National Bancorp's stock was sold by a variety of institutional investors in the last quarter, including Denver Investment Advisors LLC, Renaissance Technologies LLC, Barrow Hanley Mewhinney & Strauss LLC, Pinnacle Associates Ltd., Private Advisor Group LLC, Metropolitan Life Insurance Co. NY and Third Avenue Management LLC. Company insiders that have sold Valley National Bancorp stock in the last year include Mary Guilfoile and Peter P Crocitto.

Who bought Valley National Bancorp stock? Who is buying Valley National Bancorp stock?

Valley National Bancorp's stock was acquired by a variety of institutional investors in the last quarter, including State Street Corp, Dimensional Fund Advisors LP, Discovery Capital Management LLC CT, Gillson Capital LP, Tudor Investment Corp Et Al, AQR Capital Management LLC, Maltese Capital Management LLC and FMR LLC. Company insiders that have bought Valley National Bancorp stock in the last two years include Gerald H Lipkin and Marc J Lenner.

How do I buy Valley National Bancorp stock?

Shares of Valley National Bancorp can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Valley National Bancorp stock cost?

One share of Valley National Bancorp stock can currently be purchased for approximately $12.49.

Valley National Bancorp (NYSE:VLY) Chart for Thursday, February, 23, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Valley National Bancorp (NYSE:VLY)

Earnings History Chart

Earnings by Quarter for Valley National Bancorp (NYSE:VLY)

Dividend History Chart

Dividend Payments by Quarter for Valley National Bancorp (NYSE:VLY)

Last Updated on 2/23/2017 by MarketBeat.com Staff