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Valley National Bancorp (VLY)
NASDAQ:VLY
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VLY Stock Chart & Stats
Day’s Range― - ―
52-Week Range$6.47 - $11.10
Previous CloseN/A
Volume1.69M
Average Volume (3M)6.87M
Market Cap
$5.26B
Enterprise Value$8.26B
Total Cash (Recent Filing)N/A
Total Debt (Recent Filing)$1.31B
Price to Earnings (P/E)15.1
Beta1.49
Next Earnings
Jan 23, 2025EPS Estimate
0.14Last Dividend Ex-Date
Dec 13, 2024Dividend Yield4.67%
Share Statistics
EPS (TTM)0.62
Shares Outstanding558,565,860
10 Day Avg. Volume8,354,141
30 Day Avg. Volume6,865,273
Standard Deviation0.11
R-Squared0.28
Alpha-0.00694
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)3.10
Price to Cash Flow (P/CF)-7.80
P/FCF Ratio7.20
Enterprise Value/Market Cap1.57
Enterprise Value/Revenue5.99
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$10.63Price Target Upside10.84% Upside
Rating ConsensusHold
Number of Analyst Covering8
Valley National Bancorp News
PremiumCompany Announcements
Valley National Bancorp Announces President’s Upcoming Retirement
PremiumCompany Announcements
Valley National Bancorp Introduces New Executive Severance Plan
Bulls Say, Bears Say
Bulls Say
Capital StrengthThe company's progress in reducing its CRE concentration and building capital with an increasing CET1 ratio has been encouraging.
Financial PerformanceProfitability improvement is expected in the coming quarter.
Stock UpgradeThe substantial discount and improved financial metrics present an opportunity, leading to an upgrade of VLY shares to Overweight.
Bears Say
Credit TrendsA continued uptick in credit and elevated LLP expense likely weighs on the overall share price reaction.
Financial PerformanceThere is a long road ahead for the company to narrow the gap between its ROTE outlook and that of peers.
ValuationVLY shares trade at a deep discount to peers on a P/TBV basis, reflecting a below peer ROTE outlook.
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Ownership Overview
1.51% Insiders
19.60% Mutual Funds
0.03% Other Institutional Investors
50.63% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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VLY FAQ
What was Valley National Bancorp’s price range in the past 12 months?
Valley National Bancorp lowest stock price was $6.47 and its highest was $11.10 in the past 12 months.
What is Valley National Bancorp’s market cap?
Valley National Bancorp’s market cap is $5.26B.
When is Valley National Bancorp’s upcoming earnings report date?
Valley National Bancorp’s upcoming earnings report date is Jan 23, 2025 which is in 3 days.
How were Valley National Bancorp’s earnings last quarter?
Valley National Bancorp released its earnings results on Oct 24, 2024. The company reported $0.18 earnings per share for the quarter, beating the consensus estimate of $0.178 by $0.002.
Is Valley National Bancorp overvalued?
According to Wall Street analysts Valley National Bancorp’s price is currently Undervalued.
Does Valley National Bancorp pay dividends?
Valley National Bancorp pays a Quarterly dividend of $0.436 which represents an annual dividend yield of 4.67%. See more information on Valley National Bancorp dividends here
What is Valley National Bancorp’s EPS estimate?
Valley National Bancorp’s EPS estimate is 0.14.
How many shares outstanding does Valley National Bancorp have?
Valley National Bancorp has 558,565,860 shares outstanding.
What happened to Valley National Bancorp’s price movement after its last earnings report?
Valley National Bancorp reported an EPS of $0.18 in its last earnings report, beating expectations of $0.178. Following the earnings report the stock price went up 5.322%.
Which hedge fund is a major shareholder of Valley National Bancorp?
Currently, no hedge funds are holding shares in VLY
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Valley National Bancorp Stock Smart Score
Unlock Smart Score
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10
Analyst Consensus
Hold
Average Price Target:
$10.63 (10.84% Upside)
$10.63 (10.84% Upside)
Blogger Sentiment
Bullish
VLY Sentiment 100%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Increased
By 2.3M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Neutral
Last 7 Days ▼ 1.9%
Last 30 Days ▲ 2.8%
Last 30 Days ▲ 2.8%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
1.37%
12-Months-Change
Fundamentals
Return on Equity
4.94%
Trailing 12-Months
Asset Growth
1.49%
Trailing 12-Months
Company Description
Valley National Bancorp
Valley National Bancorp is a bank holding company, which engages in the provision of retail and commercial banking services. It operates through the following segments: Consumer Lending; Commercial Lending; Investment Management; and Corporate and other adjustments. The Consumer Lending segment consists of residential mortgage loans, automobile loans and home equity loans, as well as wealth management services including trust, asset management, insurance services, and asset-based lending support. The Commercial Lending segment refers to the 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 is the investments in various types of securities and interest-bearing deposits with other banks which focus on fixed rate securities, federal funds sold and interest-bearing deposits with banks. The Corporate and Other Adjustments segment relates to income and expense items not directly attributable to a specific segment. The company was founded in 1983 and is headquartered in Wayne, NJ.
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VLY Company Deck
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VLY Earnings Call
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Neutral
The earnings call highlighted a significant improvement in earnings and strategic growth in areas such as C&I loans and deposit growth. However, challenges remain with higher expected net charge-offs and a decline in net interest income due to a planned CRE loan sale. Overall, the bank is making strategic adjustments to improve financial health and profitability.Read More>---
VLY Stock 12 Month Forecast
Average Price Target
$10.63
▲(10.84% Upside)
Technical Analysis
F.N.B.
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Old National Bancorp Capital
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Texas Capital Bancshares
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Popular
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Commerce Bancshares
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Fulton Financial
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Best Analysts Covering VLY
1 Year
1 Year Success Rate
5/17 ratings generated profit
1 Year Average Return
-3.78%
reiterated a buy rating 13 days ago
Copying Jon Arfstrom's trades and holding each position for 1 Year would result in 29.41% of your transactions generating a profit, with an average return of -3.78% per trade.
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