Valley National Bancorp (VLY)
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% |
Analyst Summary
Analyst Consensus: Overweight
Financial Performance
Financial Overview
| Year | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1,088 | 959 | 762 | 710 | 626 | 550 | 560 | 585 | 534 | 505 |
| Revenue Growth | 13.52% | 25.85% | 7.37% | 13.34% | 13.71% | -1.75% | -4.27% | 9.65% | 5.78% | - |
| Gross Profit | 1,088 | 959 | 762 | 710 | 626 | 550 | 560 | 585 | 534 | 505 |
| Operating Income | 489 | 330 | 253 | 233 | 178 | 157 | 179 | 210 | 195 | 185 |
| Net Income | 310 | 261 | 162 | 168 | 103 | 116 | 132 | 144 | 133 | 130 |
| Shares Outstanding | 338 | 331 | 264 | 255 | 234 | 206 | 199 | 197 | 178 | 178 |
| Earnings Per Share | 0.87 | 0.75 | 0.58 | 0.63 | 0.42 | 0.56 | 0.66 | 0.73 | 0.74 | 0.73 |
| EPS Growth | 16% | 29.31% | -7.94% | 50% | -25% | -15.15% | -9.59% | -1.35% | 1.37% | - |
| Dividend Per Share | 0.44 | 0.44 | 0.44 | 0.44 | 0.44 | 0.44 | 0.59 | 1.63 | 1.56 | 1.48 |
| Dividend Growth | 0% | 0% | 0% | 0% | 0% | -25.42% | -63.85% | 4.95% | 5% | - |
| Operating Cash Flow | 1,464 | 594 | 619 | 419 | 155 | 184 | 285 | 323 | 191 | 279 |
| Capital Expenditures | 85.67 | -18.65 | -8.76 | -0.15 | -10.18 | 21.50 | 3.18 | -13.40 | -11.54 | -10.00 |
| Free Cash Flow | 1,550 | 575 | 610 | 419 | 145 | 205 | 289 | 310 | 180 | 269 |
| Cash & Equivalents | 435 | 429 | 416 | 393 | 414 | 830 | 369 | 853 | 379 | 366 |
| Total Debt | 3,581 | 3,832 | 3,106 | 2,556 | 2,929 | 2,717 | 3,120 | 3,043 | 3,130 | 3,319 |
| Net Cash / Debt | -3,147 | -3,403 | -2,690 | -2,164 | -2,515 | -1,887 | -2,751 | -2,190 | -2,751 | -2,953 |
| Assets | 37,436 | 31,863 | 24,002 | 22,864 | 21,613 | 18,792 | 16,157 | 16,013 | 14,253 | 14,144 |
| Liabilities | 33,052 | 28,513 | 21,469 | 20,487 | 19,406 | 16,929 | 14,616 | 14,510 | 12,998 | 12,849 |
| Book Value | 4,384 | 3,350 | 2,533 | 2,377 | 2,207 | 1,863 | 1,541 | 1,502 | 1,255 | 1,295 |
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.