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Valley National Bancorp - VLY STOCK NEWS

Welcome to our dedicated news page for Valley National Bancorp (Ticker: VLY), a resource for investors and traders seeking the latest updates and insights on Valley National Bancorp.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Valley National Bancorp's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Valley National Bancorp's position in the market.

Rhea-AI Summary
Valley National Bancorp reports net income of $141.3 million for Q3 2023, loan growth slows due to higher interest rates, total deposits increase by $265.5 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.68%
Tags
earnings
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Rhea-AI Summary
Valley National Bancorp to release Q3 2023 earnings on October 26th
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.34%
Tags
earnings
-
Rhea-AI Summary
Valley National Bank appoints Sanjay Sidhwani as Chief Data and Analytics Officer
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.83%
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none
Rhea-AI Summary
Valley National Bancorp (VLY) announced its regular preferred and common dividends. The declared quarterly dividends to shareholders of record on September 14, 2023 are as follows: A cash dividend of $0.390625 per share on Valley’s Non-Cumulative Perpetual Preferred Stock Series A, $0.582402 per share on Valley’s Non-Cumulative Perpetual Preferred Stock Series B, and $0.11 per share on Valley’s common stock. The common stock cash dividend amount per share was unchanged compared to the previous quarter dividend.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.93%
Tags
dividends
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Rhea-AI Summary
Valley National Bancorp (NASDAQ:VLY) reported net income for the second quarter 2023 of $139.1 million, with total loans increasing by $1.2 billion and total deposits increasing by $2.0 billion. Non-interest income increased to $60.1 million, and non-interest expense increased to $283.0 million. The efficiency ratio was 55.59 percent. Net interest income decreased to $421.3 million, and net interest margin decreased to 2.94 percent. Non-GAAP adjusted net income was $147.1 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.52%
Tags
earnings
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Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.17%
Tags
earnings
Rhea-AI Summary
Valley National Bancorp releases its 2022 Corporate Social Responsibility (CSR) Report, highlighting its commitment to driving social, economic, and environmental success in the communities it serves. The report showcases the Bank's investment of over $3.4 billion in organizations and communities across multiple states.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.05%
Tags
none
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.18%
Tags
dividends
-
Rhea-AI Summary
KBRA releases its first-quarter 2023 U.S. Bank Compendium, providing analysis of 1Q23 results for U.S. banks. The report includes key performance and credit metrics, as well as environmental, social, and governance (ESG) bulletin. It also highlights the top 10 lowest cost deposit franchises and highest reserves to loans.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.02%
Tags
none
Rhea-AI Summary
KBRA releases its first-quarter 2023 U.S. Bank Compendium, providing analysis of 1Q23 results for U.S. banks. The report includes key performance and credit metrics, as well as environmental, social, and governance (ESG) bulletin. It also highlights the top 10 lowest cost deposit franchises and highest reserves to loans.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.45%
Tags
none
Valley National Bancorp

Nasdaq:VLY

VLY Rankings

VLY Stock Data

4.05B
500.94M
1.48%
76.18%
7.78%
Commercial Banking
Finance and Insurance
Link
US
New York

About VLY

valley national bank, the wholly-owned subsidiary of valley national bancorp (nyse:vly), provides retail and commercial banking services, cash management, consumer and commercial lending, investment alternatives, insurance and estate planning solutions through 213 locations, 254 atms, online (valleynationalbank.com), and mobile devices. as a regional bank, we offer innovative financial solutions and exceptional customer service throughout new jersey, manhattan, bronx, brooklyn, queens, long island, and florida. our goal is to assist you in achieving your financial goals with information, guidance, insight and tools. our conservative approach, designed to protect our customers, shareholders and employees, is one of our strengths, especially during uncertain economic times. we are big enough to provide the depth and breadth of resources, yet we have the ability to deliver customized solutions like a responsive, local community bank. above all, we are a bank you can trust. that’s wh