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

7.84USD-0.06 (-0.76%)Market Closed

Market Summary

USD7.84-0.06

Market Closed

-0.76%

VLY Stock Price

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VLY RSI Chart

VLY Valuation

Market Cap

4.0B

Price/Earnings (Trailing)

Price/Sales (Trailing)

1.27

EV/EBITDA

1.57

Price/Free Cashflow

13.2

VLY Price/Sales (Trailing)

VLY Profitability

EBT Margin

21.61%

Return on Equity

7.44%

Return on Assets

0.82%

Free Cashflow Yield

7.57%

VLY Fundamentals

VLY Revenue

Revenue (TTM)

3.1B

Rev. Growth (Yr)

26.55%

Rev. Growth (Qtr)

0.64%

VLY Earnings

Earnings (TTM)

498.5M

Earnings Growth (Yr)

-59.71%

Earnings Growth (Qtr)

-49.38%

Breaking Down VLY Revenue

Last 7 days

8.9%

Last 30 days

1.3%

Last 90 days

-24.0%

Trailing 12 Months

-5.9%

How does VLY drawdown profile look like?

VLY Financial Health

Debt/Equity

0.1

Debt/Cashflow

0.59

VLY Investor Care

Dividend Yield

5.61%

Dividend/Share (TTM)

0.44

Shares Dilution (1Y)

0.22%

Diluted EPS (TTM)

0.96

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
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?

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Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 23, 2024	Summit Trail Advisors, LLC	sold off	-100	-976,303	-	-%
Apr 23, 2024	Louisiana State Employees Retirement System	added	2.42	-324,336	976,692	0.02%
Apr 23, 2024	Global Retirement Partners, LLC	added	3.49	-5,301	24,095	-%
Apr 23, 2024	NEW MEXICO EDUCATIONAL RETIREMENT BOARD	unchanged	-	-249,000	684,000	0.03%
Apr 23, 2024	AMALGAMATED BANK	reduced	-8.65	-879,000	1,782,000	0.01%
Apr 23, 2024	FIFTH THIRD BANCORP	added	2.42	-90,800	273,434	-%
Apr 22, 2024	RAYMOND JAMES & ASSOCIATES	added	15.24	-371,462	2,019,950	-%
Apr 22, 2024	MetLife Investment Management, LLC	reduced	-0.81	1,025,330	4,992,940	0.04%
Apr 22, 2024	Raymond James Financial Services Advisors, Inc.	reduced	-33.35	-1,071,330	1,023,130	-%
Apr 22, 2024	Confluence Wealth Services, Inc.	unchanged	-	-160,005	439,185	0.04%

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

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
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
Mar 11, 2024	144	Notice of Insider Sale Intent
Mar 05, 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	556.1B	171.1B	-0.89%	40.25%	11.22	3.25	60.72%	31.52%
BAC	301.8B	130.3B	3.99%	32.91%	11.38	2.32	79.51%	-3.68%
WFC	216.8B	85.7B	6.82%	49.45%	11.33	2.53	41.49%	39.96%
C	119.4B	133.3B	2.49%	30.42%	12.94	0.9	79.09%	-
CFG	16.3B	10.2B	0.65%	23.03%	10.13	1.6	44.53%	-22.43%
KEY	13.9B	7.9B	-1.71%	42.46%	14.42	1.76	46.47%	-49.56%
MID-CAP
CMA	7.0B	4.2B	1.67%	30.02%	7.96	1.68	56.25%	-23.46%
ZION	6.2B	3.9B	2.80%	57.76%	9.19	1.58	45.91%	-25.03%
ABCB	3.3B	1.3B	2.99%	50.41%	12.38	2.6	43.24%	-22.35%
ASB	3.2B	2.0B	3.49%	25.83%	17.62	1.65	70.97%	-50.03%
SMALL-CAP
AMNB	497.6M	120.2M	6.68%	49.76%	19.02	4.14	45.65%	-13.98%
ALRS	414.5M	164.9M	-2.10%	42.66%	35.44	2.51	42.66%	-70.76%
AROW	380.2M	162.6M	-5.51%	7.64%	12.64	2.34	25.39%	-38.37%
ACNB	284.2M	96.6M	-4.81%	8.26%	8.97	2.94	11.02%	-11.37%
ASRV	47.3M	60.9M	2.22%	-5.80%	-14.14	0.78	24.06%	-144.92%

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	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	0.6%	818	813	787	720	647	537	453	340	340	329	334	332	334	337	349	364	344	329	328	320	315
EBITDA Margin	-13.6%	0.76*	0.88*	1.02*	1.14*	1.27*	1.34*	1.37*	1.43*	1.43*	1.40*	1.36*	-	-	-	-	-	-	-	-	-	-
Interest Expenses	-3.7%	397	412	420	436	466	454	418	318	315	301	301	293	288	283	283	265	239	221	220	219	222
Income Taxes	-67.4%	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	18.00
Earnings Before Taxes	-54.3%	89.00	195	191	204	245	247	133	156	157	165	163	155	143	141	129	116	75.00	107	104	171	95.00
EBT Margin	-23.2%	0.22*	0.28*	0.33*	0.35*	0.39*	0.41*	0.42*	0.48*	0.48*	0.47*	0.45*	-	-	-	-	-	-	-	-	-	-
Net Income	-49.4%	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	77.00
Net Income Margin	-22.0%	0.16*	0.20*	0.24*	0.25*	0.29*	0.30*	0.31*	0.35*	0.36*	0.35*	0.33*	-	-	-	-	-	-	-	-	-	-
Free Cashflow	-180.4%	-283	352	521	-287	179	410	297	473	234	121	137	-	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q4	2019Q3	2019Q2
Assets	-0.4%	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	4,000
Cash Equivalents	-22.1%	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	455
Net PPE	-1.8%	381	388	387	365	359	362	361	337	326	-	320	328	324	320	323	330	333	335	-	310	313
Goodwill	0%	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	1,085
Liabilities	-0.6%	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	29,524
Short Term Borrowings	922.1%	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	2,388
Long Term Debt	-	638	-	-	-	1,543	-	-	-	635	-	-	-	-	403	-	-	-	2,122	-	2,251	1,800
Shareholder's Equity	1.1%	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	3,504
Retained Earnings	0.8%	1,471	1,460	1,380	1,301	1,218	1,101	982	945	884	-	819	745	673	611	554	500	452	444	-	454	412
Additional Paid-In Capital	0.1%	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	2,804
Shares Outstanding	-	-	-	-	-	485	478	506	422	407	-	406	406	405	404	404	-	-	-	-	-	-
Float	-	-	-	5,200	-	-	-	5,200	-	-	-	-	5,400	-	-	-	3,100	-	-	-	-	3,500

Cashflow (Last 12 Months)

(In Thousands)

Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	-174.5%	-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	-191,333
Share Based Compensation	-10.0%	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	3,632
Cashflow From Investing	61.2%	-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	-632,851
Cashflow From Financing	114.1%	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	896,434
Dividend Payments	0.1%	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	36,443
Buy Backs	42.6%	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	1,021

VLY Income Statement

2023-12-31

CONSOLIDATED STATEMENTS OF INCOME - USD ($) $ in Thousands	12 Months Ended
CONSOLIDATED STATEMENTS OF INCOME - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Interest Income
Interest and fees on loans	$ 2,886,930	$ 1,828,477	$ 1,257,389
Interest and dividends on investment securities:
Taxable	130,708	105,716	56,026
Tax-exempt	20,305	17,958	11,716
Dividends	24,139	11,468	7,357
Interest on federal funds sold and other short-term investments	76,809	13,064	1,738
Total interest income	3,138,891	1,976,683	1,334,226
Interest on deposits:
Savings, NOW and money market	739,025	186,709	42,879
Time	535,749	69,691	25,094
Interest on short-term borrowings	94,869	17,453	5,374
Interest on long-term borrowings and junior subordinated debentures	103,770	47,190	50,978
Total interest expense	1,473,413	321,043	124,325
Net Interest Income	1,665,478	1,655,640	1,209,901
Provision for credit losses for available for sale and held to maturity securities	4,559	481	(263)
Provision for credit losses for loans	45,625	56,336	32,896
Net Interest Income After Provision for Credit Losses	1,615,294	1,598,823	1,177,268
Non-Interest Income
Insurance commissions	11,116	11,975	7,810
Capital markets	41,489	52,362	27,377
Gains (losses) on securities transactions, net	1,104	(1,230)	1,758
Fees from loan servicing	10,670	11,273	11,651
Gains on sales of loans, net	6,054	6,418	26,669
Gains on sales of assets, net	6,809	897	901
Bank owned life insurance	11,843	8,040	8,817
Other	51,180	45,419	33,696
Total non-interest income	225,729	206,793	155,013
Non-Interest Expense
Salary and employee benefits expense	563,591	526,737	375,865
Net occupancy expense	101,470	94,352	79,355
Technology, furniture and equipment expense	150,708	161,752	89,221
FDIC insurance assessment	88,154	22,836	14,183
Amortization of other intangible assets	39,768	37,825	21,827
Professional and legal fees	80,567	82,618	38,432
Loss on extinguishment of debt	0	0	8,406
Amortization of tax credit investments	18,009	12,407	10,910
Other	120,424	86,422	53,343
Total non-interest expense	1,162,691	1,024,949	691,542
Income Before Income Taxes	678,332	780,667	640,739
Income tax expense	179,821	211,816	166,899
Net Income	498,511	568,851	473,840
Dividends on preferred stock	16,135	13,146	12,688
Net Income Available to Common Shareholders	$ 482,376	$ 555,705	$ 461,152
Earnings Per Common Share:
Basic (in USD per share)	$ 0.95	$ 1.14	$ 1.13
Diluted (in USD per share)	$ 0.95	$ 1.14	$ 1.12
Wealth management and trust fees
Non-Interest Income
Service charges on deposit accounts	$ 44,158	$ 34,709	$ 14,910
Service charges on deposit accounts
Non-Interest Income
Service charges on deposit accounts	$ 41,306	$ 36,930	$ 21,424

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 Wed Apr 24 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 Wed Apr 24 2024, VLY's PE ratio (Price to Earnings) is 8 and Price to Sales (PS) ratio is 1.27. 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 0.01 (multiply by 100 for percentage) rate of return.