Valley National Bancorp Company Profile (NYSE:VLY)

About Valley National Bancorp (NYSE:VLY)

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 primarily includes 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. As of December 31, 2016, the Bank had 209 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
  • Symbol: NYSE:VLY
  • CUSIP: 91979410
  • Web: www.valleynationalbank.com
Capitalization:
  • Market Cap: $3.04 billion
  • Outstanding Shares: 263,842,000
Average Prices:
  • 50 Day Moving Avg: $11.77
  • 200 Day Moving Avg: $11.75
  • 52 Week Range: $8.49 - $12.82
P/E:
  • Trailing P/E Ratio: 17.47
  • Foreward P/E Ratio: 14.59
  • P/E Growth: 3.22
Sales & Book Value:
  • Annual Revenue: $693.02 million
  • Price / Sales: 4.39
  • Book Value: $8.67 per share
  • Price / Book: 1.33
Dividend:
  • Annual Dividend: $0.44
  • Dividend Yield: 3.9%
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%
Misc:
  • Average Volume: 2.03 million shs.
  • Beta: 0.9
  • Short Ratio: 7.33
 

Frequently Asked Questions for Valley National Bancorp (NYSE:VLY)

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 announced a quarterly dividend on Thursday, March 2nd. Stockholders of record on Wednesday, March 15th will be paid a dividend of $0.11 per share on Monday, April 3rd. This represents a $0.44 dividend on an annualized basis and a dividend yield of 3.82%. The ex-dividend date is Monday, March 13th. View Valley National Bancorp's Dividend History.

How were Valley National Bancorp's earnings last quarter?

Valley National Bancorp (NYSE:VLY) announced its earnings results on Wednesday, April, 26th. The company reported $0.17 earnings per share (EPS) for the quarter, meeting the Zacks' consensus estimate of $0.17. The firm earned $189.80 million during the quarter, compared to analyst estimates of $187.34 million. Valley National Bancorp had a net margin of 19.32% and a return on equity of 7.78%. The business's revenue was up 10.6% compared to the same quarter last year. During the same period last year, the company posted $0.14 earnings per share. View Valley National Bancorp's Earnings History.

When will Valley National Bancorp make its next earnings announcement?

Valley National Bancorp is scheduled to release their next quarterly earnings announcement on Tuesday, July, 25th 2017. View Earnings Estimates for Valley National Bancorp.

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

4 brokerages have issued 1 year price targets for Valley National Bancorp's stock. Their predictions range from $9.50 to $13.00. On average, they anticipate Valley National Bancorp's stock price to reach $11.25 in the next twelve months. View Analyst Ratings for Valley National Bancorp.

Who are some of Valley National Bancorp's key competitors?

Who owns Valley National Bancorp stock?

Valley National Bancorp's stock is owned by a number of of retail and institutional investors. Top institutional investors include BlackRock Inc. (11.87%), Vanguard Group Inc. (8.12%), State Street Corp (5.59%), Dimensional Fund Advisors LP (4.81%), Barrow Hanley Mewhinney & Strauss LLC (2.69%) and Macquarie Group Ltd. (2.01%). Company insiders that own Valley National Bancorp stock include Gerald H Lipkin, Marc J Lenner, Mary Guilfoile and Peter P Crocitto. View Institutional Ownership Trends for Valley National Bancorp.

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 Credit Suisse AG, Morgan Stanley, Tudor Investment Corp ET AL, Renaissance Technologies LLC, Goldman Sachs Group Inc., FMR LLC, BNP Paribas Arbitrage SA and Denver Investment Advisors LLC. Company insiders that have sold Valley National Bancorp stock in the last year include Mary Guilfoile and Peter P Crocitto. View Insider Buying and Selling for Valley National Bancorp.

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 BlackRock Inc., American Century Companies Inc., Vanguard Group Inc., State Street Corp, Teachers Advisors LLC, Dimensional Fund Advisors LP, Mendon Capital Advisors Corp and Kennedy Capital Management Inc.. Company insiders that have bought Valley National Bancorp stock in the last two years include Gerald H Lipkin and Marc J Lenner. View Insider Buying and Selling for Valley National Bancorp.

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 $11.53.

Analyst Ratings

Consensus Ratings for Valley National Bancorp (NYSE:VLY) (?)
Ratings Breakdown: 4 Hold Ratings
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: $11.25 (2.43% downside)

Analysts' Ratings History for Valley National Bancorp (NYSE:VLY)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
4/5/2017StephensInitiated CoverageEqual WeightMediumView Rating Details
4/3/2017Keefe, Bruyette & WoodsReiterated RatingHold$13.00LowView Rating Details
1/31/2017Sandler O'NeillDowngradeBuy -> HoldN/AView Rating Details
8/8/2016Piper Jaffray CompaniesDowngradeOverweight -> Neutral$10.00 -> $9.50N/AView Rating Details
1/28/2016Royal Bank of CanadaLower Price TargetSector Perform$11.00 -> $9.00N/AView Rating Details
8/25/2015GuggenheimUpgradeSell -> NeutralN/AView Rating Details
7/1/2015JPMorgan Chase & Co.UpgradeUnderweight -> Neutral$9.50 -> $11.00N/AView Rating Details
5/28/2015American Capital PartnersUpgradeNeutral -> Buy$11.00N/AView Rating Details
(Data available from 5/25/2015 forward)

Earnings

Earnings History for Valley National Bancorp (NYSE:VLY)
Earnings by Quarter for Valley National Bancorp (NYSE:VLY)
Earnings History by Quarter for Valley National Bancorp (NYSE:VLY)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
7/25/2017        
4/26/2017Q1 2017$0.17$0.17$187.34 million$189.80 millionViewN/AView Earnings Details
1/25/2017Q416$0.18$0.19$185.76 million$197.06 millionViewN/AView Earnings Details
10/26/2016Q316$0.16$0.16$180.59 million$179.00 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 million$169.60 millionViewListenView Earnings Details
1/27/2016Q415$0.15$0.01$170.00 million$172.08 millionViewListenView Earnings Details
10/28/2015Q315$0.15$0.15$161.00 million$154.88 millionViewListenView Earnings Details
7/30/2015Q215$0.15$0.14$155.00 million$156.38 millionViewListenView Earnings Details
4/30/2015Q115$0.11$0.13$157.01 million$150.73 millionViewN/AView Earnings Details
1/29/2015Q414$0.14$0.11$142.25 million$158.21 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$137.40 million$133.55 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: $0.71 EPS
Next Year EPS Consensus Estimate: $0.79 EPS

Dividends

Current Dividend Information for Valley National Bancorp (NYSE:VLY)
Most Recent Dividend:4/3/2017
Annual Dividend:$0.44
Dividend Yield:3.82%
Dividend Growth:-12.20% (3 Year Average)
Payout Ratio:68.75% (Trailing 12 Months of Earnings)
61.97% (Based on This Year's Estimates)
55.70% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Valley National Bancorp (NYSE:VLY)

Dividend History by Quarter for Valley National Bancorp (NYSE:VLY)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
3/2/2017quarterly$0.113.55%3/13/20173/15/20174/3/2017
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 and Institutional Ownership History for Valley National Bancorp (NYSE:VLY)
Insider Ownership Percentage: 3.82%
Institutional Ownership Percentage: 52.26%
Insider Trades by Quarter for Valley National Bancorp (NYSE:VLY)
Institutional Ownership by Quarter for Valley National Bancorp (NYSE:VLY)
Insider Trades by Quarter for Valley National Bancorp (NYSE:VLY)
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

Headline Trends for Valley National Bancorp (NYSE:VLY)
Latest Headlines for Valley National Bancorp (NYSE:VLY)
Source:
DateHeadline
finance.yahoo.com logoETFs with exposure to Valley National Bancorp : May 19, 2017
finance.yahoo.com - May 19 at 6:42 PM
finance.yahoo.com logoValley National Bancorp :VLY-US: Earnings Analysis: Q1, 2017 By the Numbers : May 18, 2017
finance.yahoo.com - May 19 at 1:39 PM
finance.yahoo.com logoValley National Bancorp breached its 50 day moving average in a Bearish Manner : VLY-US : May 12, 2017
finance.yahoo.com - May 13 at 2:46 AM
bizjournals.com logoBank of America's Catherine Ennis | Women of Influence 2017
www.bizjournals.com - May 8 at 8:03 PM
americanbankingnews.com logoValley National Bancorp (VLY) Getting Somewhat Positive Media Coverage, Report Shows
www.americanbankingnews.com - May 3 at 8:10 PM
streetinsider.com logoForm 4 VALLEY NATIONAL BANCORP For: Apr 27 Filed by: KORDE GERALD
www.streetinsider.com - May 1 at 10:21 AM
americanbankingnews.com logoValley National Bancorp (VLY) Receiving Somewhat Positive Press Coverage, Report Shows
www.americanbankingnews.com - April 29 at 11:35 AM
streetinsider.com logoForm 8-K VALLEY NATIONAL BANCORP For: Apr 26
www.streetinsider.com - April 27 at 11:52 AM
finance.yahoo.com logoEdited Transcript of VLY earnings conference call or presentation 26-Apr-17 3:00pm GMT
finance.yahoo.com - April 27 at 11:52 AM
finance.yahoo.com logoValley National Bancorp Reports A 27 Percent Increase In First Quarter Net Income - Yahoo Finance
finance.yahoo.com - April 26 at 5:07 PM
seekingalpha.com logoValley National Bancorp's (VLY) CEO Gerald Lipkin on Q1 2017 Results - Earnings Call Transcript - Seeking Alpha
seekingalpha.com - April 26 at 5:07 PM
finance.yahoo.com logoValley National posts 1Q profit
finance.yahoo.com - April 26 at 5:07 PM
americanbankingnews.com logoValley National Bancorp (VLY) Issues Quarterly Earnings Results
www.americanbankingnews.com - April 26 at 1:38 PM
americanbankingnews.com logoValley National Bancorp (VLY) Receiving Positive News Coverage, Report Shows
www.americanbankingnews.com - April 26 at 10:16 AM
prnewswire.com logoValley National Bancorp Reports A 27 Percent Increase In First Quarter Net Income - PR Newswire (press release)
www.prnewswire.com - April 26 at 8:23 AM
finance.yahoo.com logoValley National Bancorp Reports A 27 Percent Increase In First Quarter Net Income
finance.yahoo.com - April 26 at 8:23 AM
finance.yahoo.com logoValley National Bancorp breached its 50 day moving average in a Bullish Manner : VLY-US : April 25, 2017
finance.yahoo.com - April 25 at 7:30 PM
americanbankingnews.com logoValley National Bancorp (VLY) Given News Impact Score of 0.16
www.americanbankingnews.com - April 21 at 7:56 PM
bizjournals.com logoResearch Reports Initiation on Banking Stocks -- Valley National, Fulton Financial, M&T Bank, and Webster Financial
www.bizjournals.com - April 21 at 8:56 AM
finance.yahoo.com logoPost Earnings Coverage as M&T Bank's Q1 Diluted NOI Rose 15% Y-o-Y; Outperformed Forecasts
finance.yahoo.com - April 19 at 8:22 AM
americanbankingnews.com logoValley National Bancorp (VLY) Given Daily News Sentiment Score of 0.31
www.americanbankingnews.com - April 18 at 1:18 PM
americanbankingnews.com logoValley National Bancorp (VLY) Given News Sentiment Score of 0.31
www.americanbankingnews.com - April 14 at 2:08 PM
finance.yahoo.com logoCramer's lightning round: Let the analysts panic, then buy up this chipmaker
finance.yahoo.com - April 12 at 11:07 AM
finance.yahoo.com logoAP PHOTOS: Jet pilots put on thrilling show at remote canyon
finance.yahoo.com - April 11 at 8:52 AM
americanbankingnews.com logoValley National Bancorp (VLY) Downgraded to "Hold" at Zacks Investment Research
www.americanbankingnews.com - April 8 at 8:02 AM
americanbankingnews.com logoZacks Investment Research Upgrades Valley National Bancorp (VLY) to Buy
www.americanbankingnews.com - April 7 at 8:15 PM
finance.yahoo.com logoETFs with exposure to Valley National Bancorp : April 7, 2017
finance.yahoo.com - April 7 at 6:25 PM
americanbankingnews.com logoValley National Bancorp (VLY) Expected to Announce Earnings of $0.17 Per Share
www.americanbankingnews.com - April 6 at 5:37 PM
americanbankingnews.com logoValley National Bancorp (VLY) Coverage Initiated at Stephens
www.americanbankingnews.com - April 5 at 11:07 PM
americanbankingnews.com logoValley National Bancorp (VLY) Receives Consensus Rating of "Hold" from Analysts
www.americanbankingnews.com - April 5 at 2:39 PM
americanbankingnews.com logoValley National Bancorp (VLY) Given a $13.00 Price Target at Keefe, Bruyette & Woods
www.americanbankingnews.com - April 3 at 6:21 PM
nasdaq.com logoValley National Bancorp Reaches Analyst Target Price
www.nasdaq.com - April 1 at 9:29 AM
businesswire.com logoValley National Bank Selects nCino to Streamline Commercial Lending
www.businesswire.com - March 30 at 8:17 AM
finance.yahoo.com logoValley National Bancorp To Announce First Quarter 2017 Earnings
finance.yahoo.com - March 30 at 8:17 AM
americanbankingnews.com logoValley National Bancorp (VLY) Rating Lowered to Hold at Zacks Investment Research
www.americanbankingnews.com - March 29 at 9:47 AM
nasdaq.com logoValley National Bancorp's Preferred Securities Shares Cross 5.5% Yield Mark
www.nasdaq.com - March 27 at 7:48 PM
finance.yahoo.com logoNICE Actimize Selected by Valley National Bank to Implement Its New AML and Financial Crime Platform Strategy
finance.yahoo.com - March 27 at 8:23 AM
bizjournals.com logoMeet the businesswoman overseeing commercial lending in Tampa for a New Jersey bank - Tampa Bay Business Journal
www.bizjournals.com - March 23 at 3:47 PM
bizjournals.com logoMeet the businesswoman overseeing commercial lending in Tampa for a New Jersey bank
www.bizjournals.com - March 23 at 3:47 PM
finance.yahoo.com logoCould a bank tax be a replacement for border tax?
finance.yahoo.com - March 13 at 8:08 PM
nasdaq.com logoEx-Div Reminder for Valley National Bancorp's Trust Originated Preferred Securities
www.nasdaq.com - March 6 at 7:52 PM
finance.yahoo.com logoVALLEY NATIONAL BANCORP Financials
finance.yahoo.com - March 4 at 8:34 PM
finance.yahoo.com logoValley National Bancorp Amends The Record Date For Its Regular Quarterly Preferred Stock Dividend
finance.yahoo.com - March 4 at 3:47 AM
seekingalpha.com logoValley National Bancorp declares $0.11 dividend
seekingalpha.com - March 2 at 6:44 AM
seekingalpha.com logoValley National's Slow Climb Back Up The Mountain
seekingalpha.com - March 2 at 1:18 AM
finance.yahoo.com logoValley National Bancorp Declares Its Regular Quarterly Preferred Stock And Common Stock Dividends
finance.yahoo.com - March 2 at 1:18 AM
biz.yahoo.com logoVALLEY NATIONAL BANCORP Files SEC form 10-K, Annual Report
biz.yahoo.com - February 28 at 8:10 PM
bizjournals.com logoSilicon Valley bank sticks to startup focus following Western Alliance merger
www.bizjournals.com - February 21 at 4:23 PM
nasdaq.com logoVLY April 21st Options Begin Trading
www.nasdaq.com - February 21 at 4:23 PM
streetinsider.com logoForm 8-K VALLEY NATIONAL BANCORP For: Feb 08
www.streetinsider.com - February 9 at 6:35 AM

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Chart

Valley National Bancorp (VLY) Chart for Thursday, May, 25, 2017

This page was last updated on 5/25/2017 by MarketBeat.com Staff