Valley National Bancorp operates as the holding company for the Valley National Bank that provides commercial, retail, insurance, and wealth management financial services. More Details
Flawless balance sheet with solid track record.
Share Price & News
How has Valley National Bancorp's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: VLY is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: VLY's weekly volatility (5%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: VLY exceeded the US Banks industry which returned 70.1% over the past year.
Return vs Market: VLY exceeded the US Market which returned 53.8% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Valley National Bancorp's share price compared to the market and industry in the last 5 years?
Simply Wall St News
6 days ago | Simply Wall StThis Is Why Valley National Bancorp's (NASDAQ:VLY) CEO Compensation Looks Appropriate
2 weeks ago | Simply Wall StIf You Had Bought Valley National Bancorp (NASDAQ:VLY) Stock A Year Ago, You Could Pocket A 90% Gain Today
1 month ago | Simply Wall StBe Sure To Check Out Valley National Bancorp (NASDAQ:VLY) Before It Goes Ex-Dividend
Is Valley National Bancorp undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: VLY ($13.93) is trading below our estimate of fair value ($14.41)
Significantly Below Fair Value: VLY is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: VLY is poor value based on its PE Ratio (14.9x) compared to the US Banks industry average (13.3x).
PE vs Market: VLY is good value based on its PE Ratio (14.9x) compared to the US market (22.4x).
Price to Earnings Growth Ratio
PEG Ratio: VLY is poor value based on its PEG Ratio (1.5x)
Price to Book Ratio
PB vs Industry: VLY is overvalued based on its PB Ratio (1.3x) compared to the US Banks industry average (1.1x).
How is Valley National Bancorp forecast to perform in the next 1 to 3 years based on estimates from 9 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: VLY's forecast earnings growth (9.9% per year) is above the savings rate (2%).
Earnings vs Market: VLY's earnings (9.9% per year) are forecast to grow slower than the US market (17.9% per year).
High Growth Earnings: VLY's earnings are forecast to grow, but not significantly.
Revenue vs Market: VLY's revenue (7.3% per year) is forecast to grow slower than the US market (9.3% per year).
High Growth Revenue: VLY's revenue (7.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: VLY's Return on Equity is forecast to be low in 3 years time (10.2%).
How has Valley National Bancorp performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: VLY has high quality earnings.
Growing Profit Margin: VLY's current net profit margins (32.5%) are higher than last year (27.8%).
Past Earnings Growth Analysis
Earnings Trend: VLY's earnings have grown significantly by 24.1% per year over the past 5 years.
Accelerating Growth: VLY's earnings growth over the past year (27.3%) exceeds its 5-year average (24.1% per year).
Earnings vs Industry: VLY earnings growth over the past year (27.3%) exceeded the Banks industry 3.6%.
Return on Equity
High ROE: VLY's Return on Equity (8.5%) is considered low.
How is Valley National Bancorp's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Financial Institutions Analysis
Asset Level: VLY's Assets to Equity ratio (8.9x) is low.
Allowance for Bad Loans: VLY has a sufficient allowance for bad loans (184%).
Low Risk Liabilities: 88% of VLY's liabilities are made up of primarily low risk sources of funding.
Loan Level: VLY has an appropriate level of Loans to Assets ratio (78%).
Low Risk Deposits: VLY's Loans to Deposits ratio (100%) is appropriate.
Level of Bad Loans: VLY has an appropriate level of bad loans (0.6%).
What is Valley National Bancorp current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: VLY's dividend (3.16%) is higher than the bottom 25% of dividend payers in the US market (1.24%).
High Dividend: VLY's dividend (3.16%) is low compared to the top 25% of dividend payers in the US market (3.46%).
Stability and Growth of Payments
Stable Dividend: VLY's dividend payments have been volatile in the past 10 years.
Growing Dividend: VLY's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (47%), VLY's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: VLY's dividends in 3 years are forecast to be well covered by earnings (34.1% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Ira Robbins (45 yo)
Mr. Ira D. Robbins, CPA, has been the President of Valley National Bancorp since January 5, 2017 and has been its Chief Executive Officer and Chairman of the Board. Mr. Robbins serves as Chairman, Presiden...
CEO Compensation Analysis
Compensation vs Market: Ira's total compensation ($USD4.88M) is about average for companies of similar size in the US market ($USD6.51M).
Compensation vs Earnings: Ira's compensation has increased by more than 20% in the past year.
Experienced Management: VLY's management team is considered experienced (3.3 years average tenure).
Experienced Board: VLY's board of directors are considered experienced (9 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Valley National Bancorp's company bio, employee growth, exchange listings and data sources
- Name: Valley National Bancorp
- Ticker: VLY
- Exchange: NasdaqGS
- Founded: 1927
- Industry: Regional Banks
- Sector: Banks
- Market Cap: US$5.813b
- Shares outstanding: 405.61m
- Website: https://www.valley.com
Number of Employees
- Valley National Bancorp
- One Penn Plaza
- Suite 2930
- New York
- New York
- United States
Valley National Bancorp operates as the holding company for the Valley National Bank that provides commercial, retail, insurance, and wealth management financial services. The company operates through Comm...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/04/18 23:06|
|End of Day Share Price||2021/04/16 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.