Home » Stocks » Valley National Bancorp

Valley National Bancorp (VLY)

Stock Price: $8.47 USD 0.37 (4.57%)
Updated Aug 11, 2020 2:01 PM EDT - Market open

Stock Price Chart

Key Info

Market Cap 3.42B
Revenue (ttm) 1.07B
Net Income (ttm) 302.86M
Shares Out 403.80M
EPS (ttm) 0.77
PE Ratio 11.00
Forward PE 13.07
Dividend $0.44
Dividend Yield 5.19%

Stock Quote

Trading Day Aug 11, 2020
Last Price $8.47
Previous Close $8.10
Change ($) 0.37
Change (%) 4.57%
Day's Open 8.25
Day's Range 8.18 - 8.47
Day's Volume 1,248,316
52-Week Range 6.00 - 12.14

More Stats

Market Cap 3.42B
Enterprise Value 6.86B
Earnings Date (est) Oct 21, 2020
Ex-Dividend Date Jun 12, 2020
Shares Outstanding 403.80M
Float 391.19M
EPS (basic) 0.77
EPS (diluted) 0.77
FCF / Share 2.91
Dividend $0.44
Dividend Yield 5.19%
Earnings Yield 9.09%
FCF Yield 34.34%
Payout Ratio 57.10%
Shares Short 11.68M
Short Ratio 4.14
Short % of Float 2.91%
Beta 1.26
PE Ratio 11.00
Forward PE 13.07
P/FCF Ratio 2.91
PS Ratio 3.19
PB Ratio 0.77
Revenue 1.07B
Operating Income 459.73M
Net Income 302.86M
Free Cash Flow 1.17B
Net Cash -3.44B
Net Cash / Share -8.51
Gross Margin 100.04%
Operating Margin 42.94%
Profit Margin 26.80%
FCF Margin 109.71%
ROA 0.81%
ROE 7.59%
ROIC 1.10%
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Summary

Analyst Ratings (10)

Buy 6
Overweight 0
Hold 3
Underweight 0
Sell 1

Analyst Consensus: Overweight

Price Target

$9.43*
(11.33% upside)
Low
7.00
Current: $8.47
High
11.00
Target: 9.43
*Average 12-month price target from 10 stock analysts.

Financial Performance

Financial numbers in millions USD.

Financial Overview

Year2019201820172016201520142013201220112010
Revenue1,088959762710626550560585534505
Revenue Growth13.52%25.85%7.37%13.34%13.71%-1.75%-4.27%9.65%5.78%-
Gross Profit1,088959762710626550560585534505
Operating Income489330253233178157179210195185
Net Income310261162168103116132144133130
Shares Outstanding338331264255234206199197178178
Earnings Per Share0.870.750.580.630.420.560.660.730.740.73
EPS Growth16%29.31%-7.94%50%-25%-15.15%-9.59%-1.35%1.37%-
Dividend Per Share0.440.440.440.440.440.440.591.631.561.48
Dividend Growth0%0%0%0%0%-25.42%-63.85%4.95%5%-
Operating Cash Flow1,464594619419155184285323191279
Capital Expenditures85.67-18.65-8.76-0.15-10.1821.503.18-13.40-11.54-10.00
Free Cash Flow1,550575610419145205289310180269
Cash & Equivalents435429416393414830369853379366
Total Debt3,5813,8323,1062,5562,9292,7173,1203,0433,1303,319
Net Cash / Debt-3,147-3,403-2,690-2,164-2,515-1,887-2,751-2,190-2,751-2,953
Assets37,43631,86324,00222,86421,61318,79216,15716,01314,25314,144
Liabilities33,05228,51321,46920,48719,40616,92914,61614,51012,99812,849
Book Value4,3843,3502,5332,3772,2071,8631,5411,5021,2551,295
Numbers in millions USD, except per-share numbers.

Company Profile

Company Details

Full Name Valley National Bancorp
Country United States
Employees 3,174
CEO Ira D. Robbins

Stock Information

Ticker Symbol VLY
Stock Exchange NASDAQ
Sector Financial Services
Industry Banks—Regional
Unique Identifier NASDAQ: VLY

Description

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 Commercial Lending, Consumer Lending, and Investment Management segments. Its deposit products include non-interest bearing, savings, NOW, and money market accounts, as well as certificates of deposit. The company offers various loan products comprising residential mortgage loans, automobile loans, secured personal lines of credit, and home equity loans; and floating rate and adjustable rate commercial and industrial loans, as well as fixed rate owner occupied and commercial real estate loans. It also invests in securities and interest-bearing deposits with other banks; and offers international banking services, such as standby letters of credit, documentary letters of credit and related products, and other ancillary services, such as foreign exchange transactions, documentary collections, foreign wire transfers, and transaction accounts for non-resident aliens. In addition, the company provides asset management advisory, trust, and asset-based lending support 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 real estate related investments. Further, it offers other banking services comprising automated teller machine, telephone and Internet banking, remote deposit capturing, overdraft, drive-in and night deposit, and safe deposit services. The company operates 238 branches in New Jersey, New York, Florida, and Alabama. Valley National Bancorp was founded in 1927 and is based in New York, New York.