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Valley National Bancorp NasdaqGS:VLY Stock Report

Last Price

US$9.16

Market Cap

US$5.0b

7D

-9.6%

1Y

-16.0%

Updated

20 Dec, 2024

Data

Company Financials +

Valley National Bancorp

NasdaqGS:VLY Stock Report

Market Cap: US$5.0b

VLY Stock Overview

Operates as the holding company for Valley National Bank that provides various commercial, private banking, retail, insurance, and wealth management financial services products. More details

VLY fundamental analysis
Snowflake Score
Valuation4/6
Future Growth4/6
Past Performance2/6
Financial Health6/6
Dividends5/6

My Notes

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US$11.20
FV
18.2% undervalued intrinsic discount
14.13%
Revenue growth p.a.
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2 days ago author updated this narrative

Valley National Bancorp Competitors

Price History & Performance

Summary of share price highs, lows and changes for Valley National Bancorp
Historical stock prices
Current Share PriceUS$9.16
52 Week HighUS$11.18
52 Week LowUS$6.47
Beta1.11
1 Month Change-9.75%
3 Month Change1.10%
1 Year Change-16.04%
3 Year Change-32.45%
5 Year Change-19.44%
Change since IPO1,929.79%

Recent News & Updates

Valley National Bancorp (NASDAQ:VLY) Will Pay A Dividend Of $0.11

Nov 22
Valley National Bancorp (NASDAQ:VLY) Will Pay A Dividend Of $0.11

Recent updates

Valley National Bancorp (NASDAQ:VLY) Will Pay A Dividend Of $0.11

Nov 22
Valley National Bancorp (NASDAQ:VLY) Will Pay A Dividend Of $0.11

Earnings Update: Here's Why Analysts Just Lifted Their Valley National Bancorp (NASDAQ:VLY) Price Target To US$10.30

Oct 26
Earnings Update: Here's Why Analysts Just Lifted Their Valley National Bancorp (NASDAQ:VLY) Price Target To US$10.30

Valley National's Positive CRE Developments Are Priced In (Downgrade)

Oct 25

Valley National Bancorp's (NASDAQ:VLY) Dividend Will Be $0.11

Sep 10
Valley National Bancorp's (NASDAQ:VLY) Dividend Will Be $0.11

Valley National Bancorp Just Missed EPS By 34%: Here's What Analysts Think Will Happen Next

Jul 28
Valley National Bancorp Just Missed EPS By 34%: Here's What Analysts Think Will Happen Next

Valley National: After A Mixed Q2, Shares Appear Overly Punished

Jul 25

Valley National Bancorp (NASDAQ:VLY) Is Paying Out A Dividend Of $0.11

Jun 04
Valley National Bancorp (NASDAQ:VLY) Is Paying Out A Dividend Of $0.11

Valley National Bancorp Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

Apr 28
Valley National Bancorp Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

Valley National Bank: Q1 Results Should Calm Fears

Apr 28

Valley National Bancorp: Q4 Earnings Disappoint But Guidance Is Solid

Jan 29

Shareholder Returns

VLYUS BanksUS Market
7D-9.6%-5.5%-3.5%
1Y-16.0%27.2%22.1%

Return vs Industry: VLY underperformed the US Banks industry which returned 27.2% over the past year.

Return vs Market: VLY underperformed the US Market which returned 22.1% over the past year.

Price Volatility

Is VLY's price volatile compared to industry and market?
VLY volatility
VLY Average Weekly Movement5.6%
Banks Industry Average Movement5.3%
Market Average Movement6.3%
10% most volatile stocks in US Market17.0%
10% least volatile stocks in US Market3.1%

Stable Share Price: VLY has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: VLY's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19273,749Ira Robbinswww.valley.com

Valley National Bancorp operates as the holding company for Valley National Bank that provides various commercial, private banking, 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; automobile financing; and secured and unsecured other consumer loans.

Valley National Bancorp Fundamentals Summary

How do Valley National Bancorp's earnings and revenue compare to its market cap?
VLY fundamental statistics
Market capUS$5.03b
Earnings (TTM)US$317.67m
Revenue (TTM)US$1.58b

16.1x

P/E Ratio

0.8x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
VLY income statement (TTM)
RevenueUS$1.58b
Cost of RevenueUS$0
Gross ProfitUS$1.58b
Other ExpensesUS$1.26b
EarningsUS$317.67m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.57
Gross Margin100.00%
Net Profit Margin20.14%
Debt/Equity Ratio53.1%

How did VLY perform over the long term?

See historical performance and comparison

Dividends

4.8%

Current Dividend Yield

70%

Payout Ratio

Does VLY pay a reliable dividends?

See VLY dividend history and benchmarks
When do you need to buy VLY by to receive an upcoming dividend?
Valley National Bancorp dividend dates
Ex Dividend DateDec 13 2024
Dividend Pay DateJan 02 2025
Days until Ex dividend8 days
Days until Dividend pay date12 days

Does VLY pay a reliable dividends?

See VLY dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/20 22:44
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Valley National Bancorp is covered by 26 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jared ShawBarclays
Richard WeissBoenning & Scattergood, Inc.
Benjamin GerlingerCitigroup Inc