Valley National Bancorp Past Earnings Performance
Past criteria checks 5/6
Valley National Bancorp has been growing earnings at an average annual rate of 0.9%, while the Banks industry saw earnings growing at 3.2% annually. Revenues have been growing at an average rate of 5.8% per year. Valley National Bancorp's return on equity is 8.4%, and it has net margins of 32.3%.
Key information
0.87%
Earnings growth rate
-6.17%
EPS growth rate
| Banks Industry Growth | 11.18% |
| Revenue growth rate | 5.80% |
| Return on equity | 8.38% |
| Net Margin | 32.28% |
| Next Earnings Update | 23 Jul 2026 |
Recent past performance updates
Recent updates
Narrative Update • Jul 08
VLY: Funding Mix And Credit Trends Will Shape Future EPS Recovery Potential
Analysts have nudged the Valley National Bancorp fair value estimate higher from $15.75 to $16.25, reflecting updated models that factor in recent price target increases across the Street and expectations for EPS recovery supported by funding mix, loan growth, diversification, and longer term contributions from AI and Leumi. Analyst Commentary Recent Street research around Valley National Bancorp shows a cluster of price target revisions and fresh views on earnings power, funding, and loan growth.Seeking Alpha • Jun 24
Valley National Bancorp's Improving Asset Mix Supports Further Upside
Summary Valley National Bancorp remains a "Buy" with ~8% further upside and a secure 3%+ dividend yield. VLY's CRE exposure is now at a manageable 325%, with office risk diminished and multifamily risk contained to ~$0.50/share potential loss. Loan growth is accelerating, deposit mix is improving, and NIM has expanded to 3.17%, supporting higher earnings guidance of $1.27–$1.37. VLY's strong capital position (CET1 10.9%) enables organic growth, shareholder returns, and cushions against NYC rent-regulated risks. Read the full article on Seeking AlphaNarrative Update • Jun 23
VLY: Mixed Street Views And Credit Trends Will Shape Future P/E Potential
Analysts have updated their view on Valley National Bancorp with a modest change in the average price target. Recent research has been mixed, including several price target increases of $0.50 to $2 and a few reductions of $1 to $2.Analysis Article • Jun 19
Valley National Bancorp (VLY) Stock Could Be 10.5% Undervalued After Stronger Results And Institutional Buying
Valley National Bancorp (VLY) is back in focus after a senior executive was named to American Banker’s 2026 Most Innovative People in Finance list, along with rising institutional ownership and stronger recent quarterly results. See our latest analysis for Valley National Bancorp. Against this backdrop, Valley National Bancorp’s stock has been firming up, with a 30 day share price return of 5.46% and a 90 day share price return of 20.12%. The 1 year total shareholder return of 68.54% and 3...Narrative Update • Jun 05
VLY: Improving Net Charge Offs Will Support Future Mid Teens P/E Potential
Valley National Bancorp's analyst fair value estimate has inched up from $15.71 to $15.75. This reflects recent price target revisions as analysts weigh mixed rating changes and their assumptions for revenue growth, profit margins, and future P/E levels.Narrative Update • May 10
VLY: Capital Return Plans And Loan Quality Will Support Mid Teens P/E Potential
The updated analyst price target for Valley National Bancorp moves to $15.71 from $14.82, with analysts pointing to refreshed assumptions for revenue growth, profit margins, and a slightly lower future P/E multiple, even as the discount rate edges higher. Analyst Commentary Recent research on Valley National Bancorp shows a mix of optimism and caution, with several firms adjusting price targets and one high profile downgrade.Narrative Update • Apr 20
VLY: Capital Return And Loan Quality Will Shape Future Mid Teens P E Potential
Valley National Bancorp's updated analyst price target edges higher to about $14.82 from roughly $14.68, as analysts factor in a slightly lower discount rate, modestly stronger revenue growth and profit margin assumptions, and a marginally lower future P/E, supported by a recent wave of price target raises and Overweight ratings across several firms. Analyst Commentary Recent research on Valley National Bancorp shows a mix of optimism and caution, with several firms adjusting price targets and ratings as they reassess earnings power, risk, and where the shares should trade on a P/E basis.Narrative Update • Apr 06
VLY: Capital Return And Loan Quality Will Support Higher Future Price Potential
Valley National Bancorp's updated analyst price target edges slightly lower to reflect a modest trim in fair value to about $14.68, as analysts factor in a mix of recent target cuts from JPMorgan and Morgan Stanley, alongside earlier target increases from several firms that see steady profitability and a slightly lower assumed future P/E multiple. Analyst Commentary Recent research on Valley National Bancorp reflects a mix of optimism around execution and profitability, alongside fresh caution reflected in the latest target cuts from JPMorgan and Morgan Stanley.Narrative Update • Mar 23
VLY: Capital Return And Loan Quality Should Support Higher Price Potential
Analysts have lifted the consolidated price target for Valley National Bancorp to $16. This reflects updated views around loan growth, net interest margin and capital return across midcap banks, even after a volatile spell for the sector.Narrative Update • Mar 08
VLY: Capital Return And Loan Quality Should Support Further Share Price Upside
Valley National Bancorp's analyst price target has risen to $16, leading to a modest increase in our fair value estimate to $14.96, as analysts highlight supportive trends in loan growth, net interest margin and capital return for midcap banks. Analyst Commentary Recent Street research around Valley National Bancorp clusters around a similar message, with several bullish analysts lifting their price targets and aligning around a mid cap bank recovery theme that leans on loan growth, net interest margin and capital return.Narrative Update • Feb 22
VLY: Buybacks And Refined Risk Assumptions Will Support Measured Future Upside
Analysts have lifted their average price target on Valley National Bancorp by about $1, reflecting updated assumptions for discount rates, revenue growth, profit margins and future P/E. This change is in line with a wave of recent target increases and an upgrade across the Street.Narrative Update • Feb 08
VLY: Buybacks And Repricing Are Expected To Support Measured Future Upside
The updated analyst price target for Valley National Bancorp moves to about US$14.68 from roughly US$14.04 as analysts factor in revised assumptions around fair value, discount rate, revenue growth, profit margin, and future P/E in light of a recent wave of price target increases across the Street. Analyst Commentary Recent Street research on Valley National Bancorp has been active, with several firms adjusting their price targets and at least one issuing an upgrade.Narrative Update • Jan 24
VLY: Lower-Cost Deposits And Fixed Asset Repricing Will Support Future NIM Expansion
Analysts have made a modest upward revision to their valuation for Valley National Bancorp, lifting the price target by about $0.08 per share. They are factoring in expectations for lower cost deposit growth, benefits from fixed asset repricing, and healthier commercial lending pipelines supporting earnings and NIM potential.Narrative Update • Jan 08
VLY: Lower-Cost Deposits Are Expected To Drive Future NIM Expansion
Narrative Update: Valley National Bancorp Analysts have raised their average price target on Valley National Bancorp by approximately US$3, citing recent research that highlights lower-cost deposit growth, anticipated net interest margin (NIM) expansion, and updated earnings estimates following the latest quarterly results. Analyst Commentary Recent Street research has turned more constructive on Valley National Bancorp, with multiple firms adjusting their price targets and earnings assumptions following the latest quarterly results.Narrative Update • Dec 20
VLY: Lower-Cost Deposits Will Drive Stronger Future Net Interest Margin
Valley National Bancorp's fair value estimate has inched up to approximately $13.96 from $13.75 as analysts point to rising price targets, improving net interest margin potential, and stronger earnings growth visibility supported by lower cost deposits, asset repricing benefits, and disciplined expense control. Analyst Commentary Street research updates reflect a notably more constructive stance on Valley National Bancorp, with several firms lifting price targets into the mid teens as confidence builds around execution on earnings growth and return targets.Narrative Update • Dec 06
VLY: Lower-Cost Deposits Will Drive Above-Peer Net Interest Margin Expansion
Analysts have modestly raised their fair value estimate for Valley National Bancorp to $13.75 from $13.58, as they increasingly expect lower cost deposit growth, improving net interest margins, and a visible path to faster earnings growth and higher returns on tangible common equity. Analyst Commentary Bullish analysts have increasingly highlighted Valley National Bancorp as a differentiated value opportunity in the regional banking space, pointing to both stronger earnings momentum and a narrowing valuation gap versus peers.Narrative Update • Nov 22
VLY: Lower-Cost Deposits And C&I Lending Will Drive Return Goal Progress
Valley National Bancorp's analyst price target has been increased slightly from $13.46 to $13.58. Analysts point to continued deposit growth, improving loan pipelines, and a constructive outlook for earnings growth as supporting factors for the upward revision.Analysis Article • Nov 12
Valley National Bancorp (NASDAQ:VLY) Will Pay A Dividend Of $0.11
Valley National Bancorp ( NASDAQ:VLY ) has announced that it will pay a dividend of $0.11 per share on the 2nd of...Narrative Update • Nov 06
VLY: Lower-Cost Deposit Momentum And Lending Pipeline Will Drive Outperformance
Valley National Bancorp's analyst price target has been raised from approximately $12.73 to $13.46. Analysts cite improving deposit growth, robust loan pipelines, and a more optimistic outlook for earnings growth relative to peers.Analysis Article • Oct 28
Valley National Bancorp (NASDAQ:VLY) Is Due To Pay A Dividend Of $0.11
Valley National Bancorp ( NASDAQ:VLY ) will pay a dividend of $0.11 on the 2nd of January. Based on this payment, the...Narrative Update • Oct 23
Analysts Raise Valley National Bancorp Target Amid Optimism on Margin Expansion and Loan Growth
Valley National Bancorp's analyst price target has risen to $12.73 from $12.50, as analysts cite improved net interest margin prospects, robust loan growth, and operating efficiencies as the basis for the updated outlook. Analyst Commentary Recent Street research reflects a generally constructive stance toward Valley National Bancorp, with multiple upgrades and increased price targets.Narrative Update • Oct 09
Digital Investments And Sun Belt Expansion Will Empower Future Markets
Analysts have raised their price target for Valley National Bancorp from $11.96 to $12.50, citing expectations for improving margin growth, continued loan expansion, and better cost controls. Analyst Commentary Recent Street research reflects a constructive tone among analysts following Valley National Bancorp's recent upgrades and raised price targets.Narrative Update • Sep 25
Digital Investments And Sun Belt Expansion Will Empower Future Markets
Analysts have raised Valley National Bancorp’s price target to $11.96, citing improving net interest margins, effective expense control, and strengthened balance sheet fundamentals, which support a higher valuation and reflect growing confidence in the bank’s profitability trajectory. Analyst Commentary Bullish analysts expect Valley National to achieve notable net interest margin gains, driven by lower deposit costs and improved loan growth trends relative to peers.Narrative Update • Sep 10
Digital Investments And Sun Belt Expansion Will Empower Future Markets
Analysts have raised Valley National Bancorp's price target to $11.05, citing improved macroeconomic conditions, deregulation, expected loan growth, and stronger fundamentals, despite some concerns over valuation. Analyst Commentary Bullish analysts highlight improving macroeconomic conditions, supporting further upside and relative outperformance potential for Valley National.Analysis Article • Sep 08
Valley National Bancorp (NASDAQ:VLY) Will Pay A Dividend Of $0.11
Valley National Bancorp ( NASDAQ:VLY ) will pay a dividend of $0.11 on the 1st of October. Based on this payment, the...Seeking Alpha • Apr 27
Valley National: Turning The Corner After A Mixed Q1 (Rating Upgrade)
Summary Valley National Bancorp's stock is undervalued, trading below tangible book value, with a 14% total return potential including a 5% dividend yield. The bank has improved its capital and reserves, with a CET1 ratio of 10.8%, targeting over 11% by year-end. Valley's net interest margins are expected to improve as high-cost funding sources are replaced and the securities portfolio benefits from higher rates. Despite slower loan growth and potential credit costs, Valley's proactive measures and strong deposit growth support a bullish outlook, moving shares to a buy. Read the full article on Seeking AlphaSeeking Alpha • Feb 24
Valley National Bancorp: Performance Improvements, But Still Avoiding Preferred Shares
Summary Valley National Bancorp's financial results have improved with better interest spreads and net interest income, but loan performance issues remain a concern. The bank's preferred shares offer high yields but are priced above par, limiting potential upside and warranting a hold rating. Nonowner occupied commercial real estate loans, which make up 25% of total loans, continue to underperform, posing a risk to earnings. Despite recent progress, the elevated loan to deposit ratio and reliance on external financing suggest caution, leading to a sell rating on common shares. Read the full article on Seeking AlphaSeeking Alpha • Jan 24
Valley National Bancorp: NIM Expansion And A Promising 2025
Summary Valley National Bancorp showed significant improvement in Q4 2024, reducing its CRE concentration ratio and loan-to-deposit ratio. Despite a challenging 2024, VLY's strategic shift towards C&I and consumer loans, along with lower deposit costs, positions it for better financials in 2025. VLY benefits from a steepening yield curve, with net interest income expected to grow double-digits by 2025, enhancing profitability. VLY offers a promising capital gain potential with a fair value estimate of $12.74, alongside a consistent 4.50% dividend yield, albeit without growth. Read the full article on Seeking AlphaSeeking Alpha • Oct 25
Valley National's Positive CRE Developments Are Priced In (Downgrade)
Summary Valley National Bank shares have risen 23% over the past year, with a 5% boost from solid Q3 earnings, but valuation is now less attractive. The bank's de-risking plan is ahead of schedule, with an $800 million CRE loan sale reducing exposure and mitigating downside risk. Deposit performance is resilient, with a $300 million sequential increase and lower customer deposit costs expected to benefit Q4 margins. While there is a secure 4.8% dividend, shares appear fairly valued at 10x forward earnings, leading to my revised rating of "hold." Read the full article on Seeking AlphaRevenue & Expenses Breakdown
Revenue & Expenses Breakdown
How Valley National Bancorp makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Mar 26 | 1,941 | 627 | 905 | 0 |
| 31 Dec 25 | 1,844 | 569 | 886 | 0 |
| 30 Sep 25 | 1,704 | 490 | 876 | 0 |
| 30 Jun 25 | 1,603 | 426 | 864 | 0 |
| 31 Mar 25 | 1,520 | 366 | 861 | 0 |
| 31 Dec 24 | 1,518 | 359 | 864 | 0 |
| 30 Sep 24 | 1,577 | 318 | 860 | 0 |
| 30 Jun 24 | 1,652 | 363 | 868 | 0 |
| 31 Mar 24 | 1,758 | 432 | 869 | 0 |
| 31 Dec 23 | 1,823 | 482 | 883 | 0 |
| 30 Sep 23 | 1,906 | 589 | 853 | 0 |
| 30 Jun 23 | 1,954 | 627 | 856 | 0 |
| 31 Mar 23 | 1,912 | 585 | 836 | 0 |
| 31 Dec 22 | 1,793 | 556 | 865 | 0 |
| 30 Sep 22 | 1,625 | 494 | 736 | 0 |
| 30 Jun 22 | 1,457 | 438 | 665 | 0 |
| 31 Mar 22 | 1,359 | 462 | 613 | 0 |
| 31 Dec 21 | 1,321 | 461 | 581 | 0 |
| 30 Sep 21 | 1,294 | 451 | 555 | 0 |
| 30 Jun 21 | 1,256 | 431 | 530 | 0 |
| 31 Mar 21 | 1,207 | 406 | 508 | 0 |
| 31 Dec 20 | 1,163 | 378 | 522 | 0 |
| 30 Sep 20 | 1,118 | 311 | 489 | 0 |
| 30 Jun 20 | 1,068 | 290 | 480 | 0 |
| 31 Mar 20 | 1,026 | 271 | 469 | 0 |
| 31 Dec 19 | 1,068 | 297 | 471 | 0 |
| 30 Sep 19 | 1,038 | 336 | 444 | 0 |
| 30 Jun 19 | 1,026 | 324 | 453 | 0 |
| 31 Mar 19 | 1,022 | 320 | 455 | 0 |
| 31 Dec 18 | 935 | 249 | 486 | 0 |
| 30 Sep 18 | 874 | 198 | 456 | 0 |
| 30 Jun 18 | 819 | 168 | 438 | 0 |
| 31 Mar 18 | 764 | 147 | 417 | 0 |
| 31 Dec 17 | 720 | 152 | 391 | 0 |
| 30 Sep 17 | 723 | 178 | 385 | 0 |
| 30 Jun 17 | 709 | 182 | 365 | 0 |
| 31 Mar 17 | 693 | 171 | 358 | 0 |
| 31 Dec 16 | 675 | 161 | 358 | 0 |
| 30 Sep 16 | 650 | 116 | 350 | 0 |
| 30 Jun 16 | 633 | 108 | 348 | 0 |
| 31 Mar 16 | 614 | 103 | 345 | 0 |
| 31 Dec 15 | 599 | 99 | 339 | 0 |
| 30 Sep 15 | 587 | 121 | 326 | 0 |
Quality Earnings: VLY has high quality earnings.
Growing Profit Margin: VLY's current net profit margins (32.3%) are higher than last year (24.1%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: VLY's earnings have grown by 0.9% per year over the past 5 years.
Accelerating Growth: VLY's earnings growth over the past year (71.3%) exceeds its 5-year average (0.9% per year).
Earnings vs Industry: VLY earnings growth over the past year (71.3%) exceeded the Banks industry 23.3%.
Return on Equity
High ROE: VLY's Return on Equity (8.4%) is considered low.
Return on Assets
Return on Capital Employed
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/07/09 22:03 |
| End of Day Share Price | 2026/07/09 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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.
Analysis Model and Snowflake
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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 Github.
Analyst Sources
Valley National Bancorp is covered by 24 analysts. 14 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Jared David Shaw | Barclays |
| David Rochester | Cantor Fitzgerald & Co. |
| Benjamin Gerlinger | Citigroup Inc |