Valley National Bancorp

VLY

US9197941076

Banks

Real-time Estimate Cboe BZX Other stock markets 12:23:35 2024-04-26 pm EDT			5-day change	1st Jan Change
7.425 ^USD	-4.44%		-3.24%	-31.31%

01:51pm	Wedbush Cuts Price Target on Valley National Bancorp to $8 From $9, Keeps Neutral Rating	MT
Apr. 25	Valley National, Eagle Bancorp latest to disclose earnings hit due to CRE footprint	RE

Valley National Bancorp Reports Earnings Results for the First Quarter Ended March 31, 2022

April 28, 2022 at 10:05 am EDT

Valley National Bancorp reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported net interest income was USD 317.67 million compared to USD 292.67 million a year ago. Net income was USD 116.73 million compared to USD 115.71 million a year ago. Basic earnings per share from continuing operations was USD 0.27 compared to USD 0.28 a year ago. Diluted earnings per share from continuing operations was USD 0.27 compared to USD 0.28 a year ago.

Latest news about Valley National Bancorp

Wedbush Cuts Price Target on Valley National Bancorp to $8 From $9, Keeps Neutral Rating	07:51am	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
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
Valley National Bancorp Receives a Shareholder Proposal from Kenneth Steiner	Apr. 05	CI
JPMorgan Cuts Price Target on Valley National Bancorp to $9 From $12, Maintains Neutral Rating	Apr. 04	MT
Morgan Stanley Trims Price Target on Valley National Bancorp to $8 From $9, Keeps Underweight Rating	Apr. 04	MT
Financials Down Amid Commercial Real-Estate Fears -- Financials Roundup	Apr. 01	DJ
S&P Revises Rating Outlooks for 5 US Regional Banks to Negative	Mar. 27	MT
S&P Global downgrades outlooks on five regional US banks to 'negative'	Mar. 26	RE
Valley National Bancorp Insider Sold Shares Worth $406,669, According to a Recent SEC Filing	Mar. 13	MT
Barclays Initiates Valley National Bancorp With Underweight Rating, Price Target is $8	Mar. 08	MT
Tranche Update on Valley National Bancorp's Equity Buyback Plan announced on April 26, 2022.	Feb. 29	CI
Nayaone Limited announced that it has received $4.7 million in funding from EJF Capital LLC, Carthona Capital, Valley National Bancorp	Feb. 27	CI
Valley National Bancorp Approves Buyback of 25 Million Common Shares	Feb. 22	MT
Valley National Bancorp announces an Equity Buyback for 25,000,000 shares.	Feb. 21	CI
Valley National Bancorp Announces Regular Quarterly Cash Dividend, Payable on April 2, 2024	Feb. 21	CI
Valley National Bancorp's Equity Buyback announced on April 26, 2022, has expired.	Feb. 20	CI
Valley National Bancorp authorizes a Buyback Plan.	Feb. 20	CI

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

2024-05-21 - Annual General Meeting

Related indices

Russell 2000

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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

OUTPERFORM

Number of Analysts

Last Close Price

7.77 USD

Average target price

9.833 USD

Spread / Average Target

+26.56%

Consensus

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Quarterly earnings - Rate of surprise

Company calendar

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