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Last $9.63 USD
Change Today -0.12 / -1.23%
Volume 570.1K
As of 12:04 PM 05/26/15 All times are local (Market data is delayed by at least 15 minutes).

valley national bancorp (VLY) Snapshot

Open
$9.69
Previous Close
$9.75
Day High
$9.72
Day Low
$9.61
52 Week High
06/10/14 - $10.21
52 Week Low
01/29/15 - $8.80
Market Cap
2.2B
Average Volume 10 Days
1.4M
EPS TTM
$0.51
Shares Outstanding
232.5M
EX-Date
06/11/15
P/E TM
18.9x
Dividend
$0.44
Dividend Yield
4.57%
Current Stock Chart for VALLEY NATIONAL BANCORP (VLY)

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valley national bancorp (VLY) Details

Valley National Bancorp operates as the holding company for the Valley National Bank that provides commercial, retail, insurance, and wealth management financial services products. The company operates through Commercial Lending, Consumer Lending, and Investment Management segments. Its deposit products include non-interest bearing, savings, NOW, and money market deposits, as well as certificates of deposit. The company’s loan products comprise construction, residential mortgage, home equity, automobile, and floating rate and adjustable rate commercial and industrial loans, as well as fixed rate owner occupied and commercial real estate loans, credit card loans, personal lines of credit, personal loans, and loans secured by cash surrender value of life insurance. It also invests in securities, such as fixed rate investments, federal funds, and interest-bearing deposits with banks; and offers international banking services, such as standby letters of credit, documentary letters of credit, and related products and other ancillary services. In addition, the company provides asset management advisory, trust, and asset-based lending support services; property and casualty, life, health, and title insurance; and health care equipment and other commercial equipment leases, as well as general aviation aircraft loans and commercial equipment leases, and real estate related investments. Further, it offers other banking services comprising automated teller machines, telephone and Internet banking, remote deposit capture, overdraft facilities, drive-in and night deposit services, and safe deposit services. As of December 31, 2014, it operated 224 branches in northern and central New Jersey; the New York City boroughs of Manhattan, Brooklyn, Queens, and Long Island; and southeast and central Florida. The company was founded in 1927 and is headquartered in Wayne, New Jersey.

2,907 Employees
Last Reported Date: 02/27/15
Founded in 1927

valley national bancorp (VLY) Top Compensated Officers

Chairman, Chief Executive Officer, President,...
Total Annual Compensation: $1.1M
Chief Financial Officer, Senior Executive Vic...
Total Annual Compensation: $545.8K
Chief Operating Officer, Senior Executive Vic...
Total Annual Compensation: $545.8K
Chief Commercial Lending Officer, Executive V...
Total Annual Compensation: $465.0K
Chief Retail Lending Officer, Executive Vice ...
Total Annual Compensation: $440.0K
Compensation as of Fiscal Year 2014.

valley national bancorp (VLY) Key Developments

Valley National Bancorp Announces Common Stock Cash Dividend, Payable on July 1, 2015

Valley National Bancorp announced that a common stock cash dividend of $0.11 per share will be paid July 1, 2015 to shareholders of record on June 15, 2015. The dividend amount per share was unchanged as compared to the previous quarterly cash dividend. The cash dividend should not be used as an indicator of future dividends to the company’s stockholders.

Valley National Bancorp Announces Change of Chief Commercial Lending Officer, with Effect from April 29, 2016

Valley National Bancorp named Tom Iadanza to succeed Robert Meyer as chief commercial lending officer upon Meyer's retirement, effective April 30, 2016. Robert Meyer, executive vice president and chief commercial lending officer of Valley National Bancorp, notified the company April 29 that he intends to retire, effective April 30, 2016.

Valley National Bancorp Announces Retirement of Robert M. Meyer as Executive Vice President and Chief Commercial Lending Officer, Effective April 30, 2016

On April 29, 2015, Robert M. Meyer, Executive Vice President and Chief Commercial Lending Officer of Valley National Bancorp notified the Company of his intention to retire effective as of April 30, 2016. The Company has appointed Tom Iadanza to succeed Mr. Meyer as the Chief Commercial Lending Officer, upon Mr. Meyer's retirement. Mr. Iadanza joined the Company in 2012 in connection with the State Bank of Long Island acquisition. He currently serves as an Executive Vice President.

 

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VLY:US $9.63 USD -0.12

VLY Competitors

Market data is delayed at least 15 minutes.

Company Last Change
FNB Corp/PA $13.39 USD -0.125
Fulton Financial Corp $12.57 USD -0.125
MB Financial Inc $31.34 USD -0.57
Texas Capital Bancshares Inc $54.03 USD -0.58
Washington Federal Inc $21.52 USD -0.37
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Industry Analysis

VLY

Industry Average

Valuation VLY Industry Range
Price/Earnings 18.5x
Price/Sales 4.2x
Price/Book 1.2x
Price/Cash Flow 20.1x
TEV/Sales NM Not Meaningful
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