Valley National Bancorp Statistics
Total Valuation
VLY has a market cap or net worth of $3.91 billion. The enterprise value is $6.77 billion.
| Market Cap | 3.91B |
| Enterprise Value | 6.77B |
Important Dates
The last earnings date was Thursday, April 25, 2024, before market open.
| Earnings Date | Apr 25, 2024 |
| Ex-Dividend Date | Mar 13, 2024 |
Share Statistics
VLY has 508.89 million shares outstanding. The number of shares has increased by 4.39% in one year.
| Shares Outstanding | 508.89M |
| Shares Change (YoY) | +4.39% |
| Shares Change (QoQ) | +0.02% |
| Owned by Insiders (%) | 1.46% |
| Owned by Institutions (%) | 76.04% |
| Float | 500.86M |
Valuation Ratios
The trailing PE ratio is 8.10 and the forward PE ratio is 7.99. VLY's PEG ratio is 3.32.
| PE Ratio | 8.10 |
| Forward PE | 7.99 |
| PS Ratio | 2.15 |
| Forward PS | 2.02 |
| PB Ratio | 0.59 |
| P/FCF Ratio | 12.34 |
| PEG Ratio | 3.32 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 9.38, with an EV/FCF ratio of 21.13.
| EV / Earnings | 14.03 |
| EV / Sales | 3.68 |
| EV / EBITDA | 9.38 |
| EV / EBIT | 9.98 |
| EV / FCF | 21.13 |
Financial Position
| Current Ratio | n/a |
| Quick Ratio | n/a |
| Debt / Equity | 0.55 |
| Debt / EBITDA | 5.14 |
| Debt / FCF | 11.57 |
| Interest Coverage | n/a |
Financial Efficiency
Return on equity (ROE) is 7.30% and return on invested capital (ROIC) is 4.79%.
| Return on Equity (ROE) | 7.30% |
| Return on Assets (ROA) | 0.80% |
| Return on Capital (ROIC) | 4.79% |
| Revenue Per Employee | $491,070 |
| Profits Per Employee | $128,668 |
| Employee Count | 3,749 |
| Asset Turnover | 0.03 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, VLY has paid $179.82 million in taxes.
| Income Tax | 179.82M |
| Effective Tax Rate | 27.16% |
Stock Price Statistics
The stock price has decreased by -6.72% in the last 52 weeks. The beta is 1.10, so VLY's price volatility has been similar to the market average.
| Beta (1Y) | 1.10 |
| 52-Week Price Change | -6.72% |
| 50-Day Moving Average | 7.85 |
| 200-Day Moving Average | 8.89 |
| Relative Strength Index (RSI) | 51.50 |
| Average Volume (30 Days) | 7,154,435 |
Short Selling Information
The latest short interest is 39.32 million, so 7.73% of the outstanding shares have been sold short.
| Short Interest | 39.32M |
| Short Previous Month | 39.70M |
| Short % of Shares Out | 7.73% |
| Short % of Float | 7.85% |
| Short Ratio (days to cover) | 5.19 |
Income Statement
In the last 12 months, VLY had revenue of $1.84 billion and earned $482.38 million in profits. Earnings per share was $0.95.
| Revenue | 1.84B |
| Gross Profit | 1.84B |
| Operating Income | 678.33M |
| Pretax Income | 678.33M |
| Net Income | 482.38M |
| EBITDA | 721.77M |
| EBIT | 678.33M |
| Earnings Per Share (EPS) | $0.95 |
Balance Sheet
The company has $891.23 million in cash and $3.71 billion in debt, giving a net cash position of -$2.82 billion or -$5.53 per share.
| Cash & Cash Equivalents | 891.23M |
| Total Debt | 3.71B |
| Net Cash | -2.82B |
| Net Cash Per Share | -$5.53 |
| Equity / Book Value | 6.70B |
| Book Value Per Share | 13.17 |
| Working Capital | n/a |
Cash Flow
In the last 12 months, operating cash flow was $378.19 million and capital expenditures -$57.74 million, giving a free cash flow of $320.45 million.
| Operating Cash Flow | 378.19M |
| Capital Expenditures | -57.74M |
| Free Cash Flow | 320.45M |
| FCF Per Share | $0.63 |
Margins
Gross margin is 100.00%, with operating and profit margins of 36.85% and 26.20%.
| Gross Margin | 100.00% |
| Operating Margin | 36.85% |
| Pretax Margin | 36.85% |
| Profit Margin | 26.20% |
| EBITDA Margin | 39.20% |
| EBIT Margin | 36.85% |
| FCF Margin | 17.41% |
Dividends & Yields
This stock pays an annual dividend of $0.44, which amounts to a dividend yield of 5.72%.
| Dividend Per Share | $0.44 |
| Dividend Yield | 5.72% |
| Dividend Growth (YoY) | n/a |
| Years of Dividend Growth | n/a |
| Payout Ratio | 46.32% |
| Buyback Yield | -4.39% |
| Shareholder Yield | 1.27% |
| Earnings Yield | 12.20% |
| FCF Yield | 8.10% |
Analyst Forecast
The average price target for VLY is $9.44, which is 22.68% higher than the current price. The consensus rating is "Hold".
| Price Target | $9.44 |
| Price Target Difference | 22.68% |
| Analyst Consensus | Hold |
| Analyst Count | 10 |
| Revenue Growth Forecast (5Y) | n/a |
| EPS Growth Forecast (5Y) | n/a |
Stock Splits
The last stock split was on May 9, 2012. It was a forward split with a ratio of 105:100.
| Last Split Date | May 9, 2012 |
| Split Type | Forward |
| Split Ratio | 105:100 |
Scores
| Altman Z-Score | n/a |
| Piotroski F-Score | 3 |