Valley National Bancorp

Company Profile

Valley National Bancorp had its IPO on 1990-03-23 under the ticker symbol VLY.

The company operates in the Financial Services sector and Banks-Regional industry. Valley National Bancorp has a staff strength of 3,826 employees.

Stock update

Shares of Valley National Bancorp opened at $9.09 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $8.93 - $9.17, and closed at $9.12.

This is a +0.66% increase from the previous day's closing price.

A total volume of 2,950,897 shares were traded at the close of the day’s session.

In the last one week, shares of Valley National Bancorp have slipped by -3.39%.

Valley National Bancorp's Key Ratios

Valley National Bancorp has a market cap of $4.60 billion, indicating a price to book ratio of 0.9394 and a price to sales ratio of 3.4936.

In the last 12-months Valley National Bancorp’s revenue was $1.95 billion with a gross profit of $1.79 billion and an EBITDA of $0. The EBITDA ratio measures Valley National Bancorp's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Valley National Bancorp’s operating margin was 46.4% while its return on assets stood at 1.1% with a return of equity of 10.04%.

In Q2, Valley National Bancorp’s quarterly earnings growth was a positive 47.8% while revenue growth was a positive 9.1%.

Valley National Bancorp’s PE and PEG Ratio

Forward PE

7.2098

Trailing PE

7.3065

PEG

3.32

Its diluted EPS in the last 12-months stands at $1.24 per share while it has a forward price to earnings multiple of 7.2098 and a PEG multiple of 3.32. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Valley National Bancorp’s profitability.

Valley National Bancorp stock is trading at a EV to sales ratio of 0 and a EV to EBITDA ratio of 0. Its price to sales ratio in the trailing 12-months stood at 3.4936.

Valley National Bancorp stock pays annual dividends of $0.44 per share, indicating a yield of 4.82% and a payout ratio of 34.38%.

Balance sheet and cash flow metrics

Total Assets

$61.70 billion

Total Liabilities

$1.09 billion

Operating Cash Flow

$-1195820000.00

Capital Expenditure

$31.21 million

Dividend Payout Ratio

34.38%

Valley National Bancorp ended 2024 with $61.70 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $61.70 billion while shareholder equity stood at $6.58 billion.

Valley National Bancorp ended 2024 with $0 in deferred long-term liabilities, $1.09 billion in other current liabilities, 178187000.00 in common stock, $1.38 billion in retained earnings and $1.87 billion in goodwill. Its cash balance stood at $1.95 billion and cash and short-term investments were $3.19 billion. The company’s total short-term debt was $1,088,899,000 while long-term debt stood at $2.50 billion.

Valley National Bancorp’s total current assets stands at $3.42 billion while long-term investments were $5.07 billion and short-term investments were $1.24 billion. Its net receivables were $225.92 million compared to accounts payable of $1.50 billion and inventory worth $0.

In 2024, Valley National Bancorp's operating cash flow was $-1195820000.00 while its capital expenditure stood at $31.21 million.

Comparatively, Valley National Bancorp paid $0.34 in dividends in 2024.

Other key metrics

Current Trading Price

$9.12

52-Week High

$12.6416

52-Week Low

$6.3081

Analyst Target Price

$11

Valley National Bancorp stock is currently trading at $9.12 per share. It touched a 52-week high of $12.6416 and a 52-week low of $12.6416. Analysts tracking the stock have a 12-month average target price of $11.

Its 50-day moving average was $9.18 and 200-day moving average was $9.57 The short ratio stood at 6.41 indicating a short percent outstanding of 0%.

Around 142.1% of the company’s stock are held by insiders while 7595.5% are held by institutions.