Valley National Bancorp ( VLY) Stock. Should you Buy or Sell? $ 11.94
0.06 (0.50 %)
Valley National Bancorp AnalysisUpdated on 10-09-2022
|Volume Avg.||$2.31 M|
|Market Cap||$6.05 B|
|52 Week Range||$10.01 - $15.1|
Valley National Bancorp opened the day at $11.94 which is +'0.50 % on yesterday's close. Valley National Bancorp has a 52 week high of $15.1 and 52 week low of $10.01, which is a difference of $5.09. We like to see positive, upward trending shares, preferably with momentum. Market capitalization is $6.05 B and total net profit is $1365177000 which means the company is trading at 4.43 times profit to market capitalization. Theoretically, if you were to buy Valley National Bancorp for $6.05 B, it would take 15 years to get your money back. Valley National Bancorp are in the Banks—Regional space which will have a sweet spot and industry standard for net profit multiples.
Valley National Bancorp Stock Forecast - Is Valley National Bancorp a Buy or Sell?
|DCF Score||Strong Buy|
|DE Score||Strong Buy|
|PE Score||Strong Buy|
|PB Score||Strong Buy|
|Overall Recommendation||Strong Buy|
Growth and Value
|Net Profit Margin||0.296|
Valuing Valley National Bancorp
|Price Book Value Ratio||0.974||Price To Book Ratio||0.974|
|Price To Sales Ratio||3.994||Price Earnings Ratio||13.506|
How liquid is Valley National Bancorp
|Debt Ratio||0.886||Debt Equity Ratio||7.774|
|Long Term Debt To Capitalization||0.228||Total Debt To Capitalization||0.351|
Latest news about Valley National Bancorp
OROVY, UBSI, and VLY made it to the Zacks Rank #1 (Strong Buy) income stocks list on August 19, 2022.
CFR, VLY, WAFD, CLH and NETI have been added to the Zacks Rank #1 (Strong Buy) List on August 8, 2022.
CFR, VLY, and WAFD made it to the Zacks Rank #1 (Strong Buy) income stocks list on August 8, 2022.
The acquisition of Bank Leumi USA, rising interest rates and higher loan demand support Valley National's (VLY) Q2 earnings amid a worsening economic outlook, which led to higher provisions.
Valley National Bancorp (NASDAQ:VLY ) Q2 2022 Earnings Conference Call July 28, 2022 11:00 AM ET Company Participants Travis Lan - Head of IR Ira Robbins - President & CEO Tom Iadanza - President Mike Hagedorn - CFO Conference Call Participants Michael Perito - KBW Frank Schiraldi - Piper Sandler Matthew Breese - Stephens Dave Bishop - Hovde Group Jon Arfstrom - RBC Capital Markets Operator Good day, and thank you for standing by. Welcome to Q2 2022 Valley National Bancorp Earnings Conference Call.
About Valley National Bancorp
Valley National Bancorp operates as the holding company for Valley National Bank that provides various commercial, retail, insurance, and wealth management financial services products. It operates through Commercial Lending, Consumer Lending, and Investment Management segments. The company offers non-interest bearing, savings, NOW, money market, and time deposit accounts; commercial and industrial, commercial real estate, residential mortgage, and automobile loans; loans secured by the cash surrender value of life insurance; home equity loans and lines of credit; and secured and unsecured other consumer loans. It also invests in various securities and interest-bearing deposits with other banks; and provides international banking services, such as standby and documentary letters of credit, and related products, as well as foreign exchange transactions, documentary collections, foreign wire transfers services, and transaction accounts for non-resident aliens. In addition, the company offers investment services for individuals and small to medium sized businesses; and trusts and custom -tailored investment strategies for various retirement plans. Further, it provides trust services, such as living and testamentary trusts, investment management, custodial and escrow services, and estate administration to individuals; tax credit advisory 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 owns real estate related investments. Additionally, the company offers online, mobile, and telephone banking services; and overdraft, drive-in and night deposit, automated teller machine, remote deposit capture, and safe deposit facility services. As of December 31,2021, it operated 232 branch offices in New Jersey, New York, Florida, and Alabama. The company was incorporated in 1927 and is headquartered in New York, New York.