VLY - Valley National Bancorp Stock Price, Fair Value and News

8.03USD+0.20 (+2.55%)Market Closed

Market Summary

USD8.03+0.20

Market Closed

2.55%

VLY Alerts

Big fall in earnings (Y/Y)

VLY Stock Price

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VLY RSI Chart

VLY Valuation

Market Cap

4.1B

Price/Earnings (Trailing)

9.12

Price/Sales (Trailing)

1.26

EV/EBITDA

1.67

Price/Free Cashflow

5.96

VLY Price/Sales (Trailing)

VLY Profitability

EBT Margin

18.60%

Return on Equity

6.66%

Return on Assets

0.73%

Free Cashflow Yield

16.78%

VLY Fundamentals

VLY Revenue

Revenue (TTM)

3.2B

Rev. Growth (Yr)

15.05%

Rev. Growth (Qtr)

1.28%

VLY Earnings

Earnings (TTM)

448.2M

Earnings Growth (Yr)

-34.3%

Earnings Growth (Qtr)

34.56%

Breaking Down VLY Revenue

Last 7 days

2.1%

Last 30 days

6.1%

Last 90 days

-3.9%

Trailing 12 Months

18.8%

How does VLY drawdown profile look like?

VLY Financial Health

Debt/Equity

0.09

Debt/Cashflow

1.17

VLY Investor Care

Dividend Yield

5.48%

Dividend/Share (TTM)

0.44

Shares Dilution (1Y)

0.26%

Diluted EPS (TTM)

0.86

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2024	3.2B	0	0	0
2023	2.4B	2.7B	3.0B	3.1B
2022	1.3B	1.5B	1.7B	2.0B
2021	1.4B	1.3B	1.3B	1.3B
2020	1.4B	1.4B	1.4B	1.4B
2019	1.2B	1.3B	1.3B	1.3B
2018	903.2M	976.3M	1.1B	1.2B
2017	779.8M	797.8M	817.3M	834.2M
2016	721.6M	734.9M	751.4M	766.9M
2015	654.5M	673.1M	692.4M	707.0M
2014	616.1M	620.9M	622.6M	636.6M
2013	650.1M	635.6M	622.2M	616.1M
2012	680.1M	679.2M	674.8M	671.2M
2011	674.7M	671.3M	672.3M	673.8M
2010	699.1M	689.4M	682.7M	676.8M
2009	0	723.9M	718.0M	712.2M
2008	0	0	0	729.7M

Get all data in R, Python etc through our Historical Stock Data APIs

Tracking the Latest Insider Buys and Sells of Valley National Bancorp

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Apr 01, 2024	mendelson avner	sold (taxes)	-141,322	7.96	-17,754	-
Apr 01, 2024	dakkuri raja a	sold (taxes)	-10,475	7.96	-1,316	sevp, chief risk officer
Apr 01, 2024	barrett russell	sold (taxes)	-3,494	7.96	-439	sevp, chief operations officer
Mar 11, 2024	chillura joseph	sold	-406,669	8.18	-49,715	sevp, cml banking president
Mar 04, 2024	baum peter j	gifted	-	-	2,245	-
Feb 20, 2024	crandell mitchell l	acquired	172,515	4.93449	34,961	evp & chief accounting officer
Feb 20, 2024	surowiec yvonne m.	sold (taxes)	-230,595	8.51	-27,097	sevp, cpo
Feb 20, 2024	crandell mitchell l	sold (taxes)	-87,202	8.51	-10,247	evp & chief accounting officer
Feb 20, 2024	saeger mark	sold (taxes)	-249,649	8.51	-29,336	evp, cco
Feb 20, 2024	chillura joseph	acquired	474,407	6.73529	70,436	sevp, chief customer officer

Which funds bought or sold VLY recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 13, 2024	Balyasny Asset Management L.P.	new	-	23,243,900	23,243,900	0.04%
May 13, 2024	Ameritas Investment Partners, Inc.	unchanged	-	-399,603	1,096,840	0.04%
May 13, 2024	FULLER & THALER ASSET MANAGEMENT, INC.	added	29.22	-7,243,110	129,808,000	0.57%
May 13, 2024	O'SHAUGHNESSY ASSET MANAGEMENT, LLC	added	144	105,493	238,832	-%
May 13, 2024	Jump Financial, LLC	new	-	1,237,620	1,237,620	0.03%
May 13, 2024	STRS OHIO	reduced	-5.93	-131,000	290,000	-%
May 13, 2024	ROYCE & ASSOCIATES LP	added	20.28	-2,417,860	18,010,200	0.16%
May 13, 2024	CI INVESTMENTS INC.	added	48.44	7,000	83,000	-%
May 13, 2024	UBS Group AG	added	7.01	-1,267,990	4,611,560	-%
May 13, 2024	Rafferty Asset Management, LLC	added	32.04	-283,887	8,526,270	0.03%

Are Funds Buying or Selling VLY?

Are funds buying VLY calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own VLY

No. of Funds

VLY Alerts

Big fall in earnings (Y/Y)

Unveiling Valley National Bancorp's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	vanguard group inc	8.99%	45,625,380	SC 13G/A
Jan 23, 2024	blackrock inc.	12.7%	64,548,658	SC 13G/A
Feb 10, 2023	dimensional fund advisors lp	4.1%	20,720,316	SC 13G/A
Feb 09, 2023	vanguard group inc	8.83%	44,725,963	SC 13G/A
Jan 24, 2023	blackrock inc.	12.3%	62,244,830	SC 13G/A
Apr 11, 2022	bank leumi le israel bm	14.2%	71,861,862	SC 13D
Feb 10, 2022	vanguard group inc	9.49%	40,093,707	SC 13G/A
Feb 08, 2022	dimensional fund advisors lp	5.3%	22,207,170	SC 13G/A
Feb 07, 2022	blackrock inc.	13.5%	55,059,207	SC 13G/A
Feb 16, 2021	dimensional fund advisors lp	5.7%	23,118,768	SC 13G/A

Recent SEC filings of Valley National Bancorp

View All Filings

Date Filed	Form Type	Document
May 08, 2024	10-Q	Quarterly Report
Apr 25, 2024	8-K	Current Report
Apr 05, 2024	ARS	ARS
Apr 05, 2024	DEF 14A	DEF 14A
Apr 05, 2024	DEFA14A	DEFA14A
Apr 05, 2024	S-3ASR	S-3ASR
Apr 02, 2024	4	Insider Trading
Apr 02, 2024	4	Insider Trading
Apr 02, 2024	4	Insider Trading
Mar 13, 2024	4	Insider Trading

Peers (Alternatives to Valley National Bancorp)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
JPM	578.6B	174.7B	8.69%	48.16%	11.49	3.31	53.11%	19.83%
BAC	301.1B	137.9B	6.85%	41.16%	12.03	2.18	56.12%	-12.56%
WFC	215.7B	85.8B	8.52%	63.46%	11.49	2.51	35.02%	26.14%
C	121.3B	125.0B	6.23%	39.49%	15.17	0.97	37.85%	-
CFG	16.6B	10.4B	8.48%	44.96%	11.58	1.59	26.22%	-33.87%
KEY	14.2B	8.1B	1.78%	65.41%	16.28	1.75	32.15%	-50.93%
MID-CAP
CMA	7.2B	4.2B	3.79%	66.34%	10.3	1.69	34.68%	-45.96%
ZION	6.6B	4.1B	8.06%	95.94%	10.46	1.61	32.93%	-30.73%
ABCB	3.5B	1.3B	9.68%	70.56%	12.2	2.63	30.60%	-12.99%
ASB	3.4B	2.0B	8.96%	50.51%	20.99	1.66	47.11%	-59.32%
SMALL-CAP
AMNB	497.6M	120.2M	6.68%	49.76%	19.02	4.14	45.65%	-13.98%
ALRS	408.4M	152.4M	2.65%	46.43%	41.08	2.68	16.94%	-73.84%
AROW	397.6M	173.1M	7.98%	20.88%	13.63	2.3	26.54%	-34.86%
ACNB	287.5M	98.7M	5.64%	21.02%	9.77	2.91	6.27%	-22.90%
ASRV	45.8M	62.5M	12.13%	-6.62%	-15.48	0.73	18.83%	-145.18%

Valley National Bancorp News

Latest updates

Valley National Bancorp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	1.3%	829	818	813	787	720	647	537	453	340	340	329	334	332	334	337	349	364	344	329	328	320
EBITDA Margin	-8.1%	0.70*	0.76*	0.88*	1.01*	1.12*	1.25*	1.33*	1.36*	1.41*	1.41*	1.40*	-	-	-	-	-	-	-	-	-	-
Interest Expenses	-0.9%	394	397	412	420	436	466	454	418	318	315	301	301	293	288	283	283	265	239	221	220	219
Income Taxes	90.5%	33.00	17.00	53.00	52.00	57.00	68.00	68.00	37.00	39.00	42.00	42.00	43.00	39.00	38.00	39.00	33.00	29.00	37.00	25.00	28.00	57.00
Earnings Before Taxes	45.5%	129	89.00	195	191	204	245	247	133	156	157	165	163	155	143	141	129	116	75.00	107	104	171
EBT Margin	-13.9%	0.19*	0.22*	0.28*	0.33*	0.35*	0.39*	0.41*	0.42*	0.48*	0.48*	0.47*	-	-	-	-	-	-	-	-	-	-
Net Income	34.6%	96.00	72.00	141	139	147	178	178	96.00	117	115	123	121	116	105	102	96.00	87.00	38.00	82.00	76.00	113
Net Income Margin	-13.1%	0.14*	0.16*	0.20*	0.24*	0.25*	0.29*	0.30*	0.31*	0.35*	0.36*	0.35*	-	-	-	-	-	-	-	-	-	-
Free Cashflow	133.9%	96.00	-283	352	521	-287	179	410	297	473	234	121	-	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q4	2019Q3
Assets	0.1%	61,000	60,935	61,183	61,704	64,310	57,463	55,928	54,439	43,551	43,446	42,362	41,278	8,400	41,178	40,686	40,747	41,717	39,121	37,436	4,300	33,766
Cash Equivalents	5.6%	941	891	1,144	1,954	5,706	948	1,118	1,388	731	2,050	-	1,500	1,845	1,634	1,329	931	1,820	974	435	-	498
Net PPE	-2.6%	371	381	388	387	365	359	362	361	337	326	-	320	328	324	320	323	330	333	335	-	310
Goodwill	0%	1,869	1,869	1,869	1,869	1,869	1,869	1,872	1,872	401	1,459	13.00	1,382	1,382	1,382	1,382	1,375	1,375	1,375	1,374	289	1,085
Liabilities	0.1%	54,273	54,234	54,556	55,129	57,798	51,062	49,654	48,234	38,455	38,362	-	36,456	36,536	36,518	36,094	36,214	37,243	34,700	33,052	-	30,207
Short Term Borrowings	-91.8%	75.00	918	90.00	1,089	6,413	139	919	1,523	484	656	-	783	854	1,085	1,148	1,431	2,083	2,096	1,093	-	1,825
Long Term Debt	-100.0%	-	638	-	-	-	1,543	-	-	-	635	-	-	-	-	403	-	-	-	2,122	-	2,251
Shareholder's Equity	0.4%	6,727	6,701	6,627	6,575	6,512	6,401	6,274	6,205	5,096	5,084	-	4,822	4,738	4,660	4,592	4,534	4,474	4,421	4,384	-	3,558
Retained Earnings	2.4%	1,507	1,471	1,460	1,380	1,301	1,218	1,101	982	945	884	-	819	745	673	611	554	500	452	444	-	454
Additional Paid-In Capital	0.0%	4,989	4,990	4,983	4,975	4,968	4,980	4,973	4,965	3,872	3,883	-	3,672	3,659	3,652	3,637	3,633	3,629	3,624	3,622	-	2,807
Shares Outstanding	-	508	-	-	-	507	485	478	506	422	407	-	406	406	405	-	-	-	-	-	-	-
Float	-	-	-	-	5,200	-	-	-	5,200	-	-	-	-	5,400	-	-	-	3,100	-	-	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	135.7%	99,511	-278,585	374,095	552,364	-269,682	197,881	425,067	309,528	496,003	254,100	128,788	140,856	313,398	183,081	-9,543	106,000	-115,977	152,441	60,020	-43,840	93,302
Share Based Compensation	4.7%	8,104	7,737	8,592	8,680	8,093	7,810	7,558	6,157	7,263	5,035	5,162	5,225	5,465	4,153	3,802	4,515	3,684	3,222	3,222	4,249	4,033
Cashflow From Investing	189.2%	91,985	-103,138	-265,986	-1,195,820	-1,784,558	-1,854,227	-1,607,596	-1,740,665	-1,585,293	-339,223	-343,299	101,375	-499,634	369,926	24,021	-1,652,710	-778,899	415,432	-633,931	-419,696	-259,124
Cashflow From Financing	-209.9%	-141,888	129,125	-918,695	-3,107,823	6,811,981	1,485,945	912,565	2,088,529	-229,710	634,887	-130,096	-31,301	490,864	-154,513	-903,324	2,392,438	1,434,018	-631,423	616,952	452,135	203,790
Dividend Payments	-100.0%	-	55,923	55,877	55,999	57,612	57,654	55,727	46,413	46,205	44,807	44,659	44,675	45,526	44,429	44,414	44,440	44,682	36,500	36,491	36,493	37,053
Buy Backs	3572.1%	7,381	201	141	2,534	8,599	110	127	259	23,627	23,208	15.00	142	542	402	48.00	2,830	2,094	300	43.00	95.00	1,367

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VLY Income Statement

2024-03-31

CONSOLIDATED STATEMENTS OF INCOME (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Interest Income
Interest and fees on loans	$ 771,553	$ 655,226
Interest and dividends on investment securities:
Taxable	35,797	32,289
Tax-exempt	4,796	5,325
Dividends	6,828	5,185
Interest on federal funds sold and other short-term investments	9,682	22,205
Total interest income	828,656	720,230
Interest on deposits:
Savings, NOW and money market	232,506	150,766
Time	151,065	80,298
Interest on short-term borrowings	20,612	33,948
Interest on long-term borrowings and junior subordinated debentures	30,925	19,198
Total interest expense	435,108	284,210
Net Interest Income	393,548	436,020
(Credit) provision for credit losses for available for sale and held to maturity securities	(74)	4,987
Provision for credit losses for loans	45,274	9,450
Net Interest Income After Provision for Credit Losses	348,348	421,583
Non-Interest Income
Insurance commissions	2,251	2,420
Capital markets	5,670	10,892
Gains on securities transactions, net	49	378
Fees from loan servicing	3,188	2,671
Gains on sales of loans, net	1,618	489
Gains on sales of assets, net	3,694	124
Bank owned life insurance	3,235	2,584
Other	12,531	14,678
Total non-interest income	61,415	54,299
Non-Interest Expense
Salary and employee benefits expense	141,831	144,986
Net occupancy expense	24,323	23,256
Technology, furniture and equipment expense	35,462	36,508
FDIC insurance assessment	18,236	9,155
Amortization of other intangible assets	9,412	10,519
Professional and legal fees	16,465	16,814
Amortization of tax credit investments	5,562	4,253
Other	29,019	26,675
Total non-interest expense	280,310	272,166
Income Before Income Taxes	129,453	203,716
Income tax expense	33,173	57,165
Net Income	96,280	146,551
Dividends on preferred stock	4,119	3,874
Net Income Available to Common Shareholders	$ 92,161	$ 142,677
Earnings Per Common Share:
Basic (usd per share)	$ 0.18	$ 0.28
Diluted (usd per share)	$ 0.18	$ 0.28
Wealth management and trust fees
Non-Interest Income
Revenue from contracts with customer	$ 17,930	$ 9,587
Service charges on deposit accounts
Non-Interest Income
Revenue from contracts with customer	$ 11,249	$ 10,476

About Valley National Bancorp

Valley National Bancorp operates as the holding company for Valley National Bank that provides various commercial, retail, insurance, and wealth management financial services products. It operates through Consumer Banking, Commercial Banking, and Treasury and Corporate other segments. The company offers non-interest bearing, savings, NOW, money market, and time deposit accounts; commercial and industrial, commercial real estate, residential mortgage, and automobile loans; loans secured by the cash surrender value of life insurance; home equity loans and lines of credit; and secured and unsecured other consumer loans. It also invests in various securities and interest-bearing deposits with other banks; and provides international banking services, such as standby and documentary letters of credit, and related products, as well as foreign exchange transactions, documentary collections, and foreign wire transfers services. In addition, the company offers investment services for individuals and small to medium sized businesses; and trusts and custom -tailored investment strategies for various retirement plans. Further, it provides trust services, such as living and testamentary trusts, investment management, custodial and escrow services, and estate administration to individuals; tax credit advisory services; property and casualty, life, health, and title insurance agency services; and health care equipment lending and other commercial equipment leasing services, as well as owns real estate related investments. Additionally, the company offers online, mobile, and telephone banking services; and overdraft, drive-in and night deposit, automated teller machine, remote deposit capture, and safe deposit facility services. The company was founded in 1927 and is headquartered in New York, New York.

CEO	Mr. Ira D. Robbins
WEBSITE	valley.com
INDUSTRY	Banks Diversified
EMPLOYEES	3826

Valley National Bancorp Frequently Asked Questions

What is the ticker symbol for Valley National Bancorp? What does VLY stand for in stocks?

VLY is the stock ticker symbol of Valley National Bancorp. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Valley National Bancorp (VLY)?

As of Mon May 13 2024, market cap of Valley National Bancorp is 3.99 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of VLY stock?

You can check VLY's fair value in chart for subscribers.

What is the fair value of VLY stock?

You can check VLY's fair value in chart for subscribers. The fair value of Valley National Bancorp is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Valley National Bancorp is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for VLY so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Valley National Bancorp a good stock to buy?

The fair value guage provides a quick view whether VLY is over valued or under valued. Whether Valley National Bancorp is cheap or expensive depends on the assumptions which impact Valley National Bancorp's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for VLY.

What is Valley National Bancorp's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Mon May 13 2024, VLY's PE ratio (Price to Earnings) is 8.89 and Price to Sales (PS) ratio is 1.23. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. VLY PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Valley National Bancorp's stock?

In the past 10 years, Valley National Bancorp has provided 0.015 (multiply by 100 for percentage) rate of return.