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Valley National Bancorp (VLY)

Stock Price: $9.85 USD 0.43 (4.56%)
Updated November 24, 4:00 PM EST - Market closed
Pre-market: $9.80 -0.05 (-0.51%) Nov 25, 7:00 AM

Stock Price Chart

Key Info

Market Cap 3.98B
Revenue (ttm) 1.13B
Net Income (ttm) 310.66M
Shares Out 403.88M
EPS (ttm) 0.78
PE Ratio 12.63
Forward PE 12.32
Dividend $0.44
Dividend Yield 4.47%

Stock Quote

Trading Day November 24
Last Price $9.85
Previous Close $9.42
Change ($) 0.43
Change (%) 4.56%
Day's Open 9.59
Day's Range 9.50 - 9.93
Day's Volume 2,600,475
52-Week Range 6.00 - 11.97

More Stats

Market Cap 3.98B
Enterprise Value 7.68B
Earnings Date (est) Feb 4, 2021
Ex-Dividend Date Sep 14, 2020
Shares Outstanding 403.88M
Float 392.15M
EPS (basic) 0.78
EPS (diluted) 0.78
FCF / Share 2.53
Dividend $0.44
Dividend Yield 4.47%
Earnings Yield 7.92%
FCF Yield 25.68%
Payout Ratio 56.40%
Shares Short 5.78M
Short Ratio 3.35
Short % of Float 1.48%
Beta 1.26
PE Ratio 12.63
Forward PE 12.32
P/FCF Ratio 3.89
PS Ratio 3.52
PB Ratio 0.84
Revenue 1.13B
Operating Income 496.15M
Net Income 310.66M
Free Cash Flow 1.02B
Net Cash -3.70B
Net Cash / Share -9.16
Gross Margin 95.57%
Operating Margin 43.87%
Profit Margin 27.50%
FCF Margin 90.34%
ROA 0.87%
ROE 7.99%
ROIC 1.10%
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Forecasts

Analyst Ratings (10)

Buy 6
Overweight 0
Hold 3
Underweight 0
Sell 1

Analyst Consensus: Overweight

Price Target

$9.68*
(-1.73% downside)
Low
7.00
Current: $9.85
High
11.50
Target: 9.68
*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.