Valley National Bancorp

VLY

US9197941076

Banks

Market Closed - Nasdaq Other stock markets 04:00:00 2024-07-12 pm EDT			5-day change	1st Jan Change
7.36 ^USD	-1.60%		+11.85%	-32.23%

Jul. 09	Banks' Net Interest Income in Focus Ahead of Earnings Season, RBC Says	MT
Jul. 09	RBC Lowers Price Target on Valley National Bancorp to $8 From $9, Keeps Outperform Rating	MT

An unknown buyer completed the acquisition of Loan Portfolio and Commercial Premium Finance Lending Business of Valley National Bancorp for $96.8 million.

February 28, 2024

An unknown buyer entered into an agreement to acquire Loan Portfolio and Commercial Premium Finance Lending Business of Valley National Bancorp (NasdaqGS:VLY) in January 2024. The pending transaction is expected to close during the first quarter 2024 and is not anticipated to be material to our operations or financial statements.

An unknown buyer completed the acquisition of Loan Portfolio and Commercial Premium Finance Lending Business of Valley National Bancorp (NasdaqGS:VLY) for $96.8 million in February 2024.

Latest news about Valley National Bancorp

Banks' Net Interest Income in Focus Ahead of Earnings Season, RBC Says	Jul. 09	MT
RBC Lowers Price Target on Valley National Bancorp to $8 From $9, Keeps Outperform Rating	Jul. 09	MT
First Foundation plunges as 'unexpected' fund raise puts real estate loans in focus	Jul. 03	RE
Valley National Bancorp(NasdaqGS:VLY) added to Russell 2000 Dynamic Index	Jun. 30	CI
JPMorgan Adjusts Price Target on Valley National Bancorp to $8 From $8.50, Maintains Neutral Rating	Jun. 27	MT
Cohen & Steers Appoints Raja Dakkuri as CFO	Jun. 24	MT
Raja Dakkuri Joins Cohen & Steers, Inc. as Executive Vice President	Jun. 24	CI
Valley National Bancorp Announces Executive Changes, Effective June 21, 2024	Jun. 07	CI
Keefe, Bruyette & Woods Downgrades Valley National Bancorp to Market Perform From Outperform, Price Target at $8	May. 31	MT
Valley National Bancorp Keeps Quarterly Cash Dividend at $0.11 per Share, Payable July 2 to Shareholders of Record on June 13	May. 30	MT
Valley National Bancorp Declares Regular Quarterly Cash Dividends on Common Stock Dividends, Payable on July 2, 2024	May. 30	CI
Declaration of Voting Results by Valley National Bancorp	May. 22	CI
Tranche Update on Valley National Bancorp's Equity Buyback Plan announced on April 26, 2022.	May. 08	CI
Tranche Update on Valley National Bancorp's Equity Buyback Plan announced on February 21, 2024.	May. 08	CI
Wedbush Cuts Price Target on Valley National Bancorp to $8 From $9, Keeps Neutral Rating	Apr. 26	MT
Valley National, Eagle Bancorp latest to disclose earnings hit due to CRE footprint	Apr. 25	RE
Valley National Bancorp's Q1 profit plunges on bigger loan-loss provisions	Apr. 25	RE
Transcript : Valley National Bancorp, Q1 2024 Earnings Call, Apr 25, 2024	Apr. 25
Valley National Bancorp Reports Earnings Results for the First Quarter Ended March 31, 2024	Apr. 25	CI
Earnings Flash (VLY) VALLEY NATIONAL BANK Posts Q1 Revenue $455M, vs. Street Est of $450.9M	Apr. 25	MT
Earnings Flash (VLY) VALLEY NATIONAL BANK Reports Q1 EPS $0.19, vs. Street Est of $0.20	Apr. 25	MT
Valley National Bancorp's Equity Buyback announced on April 26, 2022, has expired.	Apr. 24	CI
Analysis-US regional banks seen booking more commercial property losses, loan sales	Apr. 17	RE
Regional Banks Showing Consistent First-Quarter Trends With Upcoming Margin Trough, RBC Says	Apr. 09	MT
RBC Cuts Price Target on Valley National Bancorp to $10 From $12, Keeps Outperform Rating	Apr. 09	MT

Chart Valley National Bancorp

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Company Profile

Valley National Bancorp is a bank holding and financial holding company. The Company's principal subsidiary is Valley National Bank. The Company's segments include Consumer Banking, Commercial Banking and Treasury and Corporate Other. The Consumer Banking segment is mainly comprised of residential mortgages and automobile loans, and to a lesser extent, secured personal lines of credit, home equity loans and other consumer loans. The Consumer Banking segment also includes the wealth management and insurance services division, comprised of trust, asset management, brokerage, insurance and tax credit advisory services. The Commercial Banking segment is comprised of floating rate and adjustable rate commercial and industrial loans and construction loans, as well as fixed rate owner occupied and commercial real estate loans. It also offers financial services, including loan and deposit products for homeowners associations, cannabis-related business banking and venture banking.

Sector

Banks

Calendar

2024-07-25 - Q2 2024 Earnings Release

Related indices

Russell 2000

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Income Statement Evolution

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Ratings for Valley National Bancorp

Trading Rating

Investor Rating

ESG Refinitiv

C+

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Analysts' Consensus

Sell

Buy

Mean consensus

HOLD

Number of Analysts

Last Close Price

7.36 USD

Average target price

8.1 USD

Spread / Average Target

+10.05%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

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Other Banks

Valley National Bancorp

Equities

VLY

US9197941076

Banks

An unknown buyer completed the acquisition of Loan Portfolio and Commercial Premium Finance Lending Business of Valley National Bancorp for $96.8 million.

EPS Revisions