Valley National Shares Jump 5.3% as Q3 Earnings Meet Estimates [Yahoo! Finance]
Valley National Bancorp (VLY)
Last valley national bancorp earnings: 4/30 08:00 am
Check Earnings Report
US:NYSE Investor Relations:
valleynationalbank.com
Company Research
Source: Yahoo! Finance
However, the bottom line plunged 30.8% on a year-over-year basis. Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar Higher non-interest income and a sequential increase in deposit balances support the results. On the other hand, a substantial rise in provisions, lower net interest income (NII) and loan balance and a slight rise in expenses act as spoilsports. Results excluded non-core income and charges. After considering these, net income was $97.9 million, down 30.8% from the year-ago quarter. Quarterly total revenues were $471.2 million, relatively stable year over year. The top line beat the Zacks Consensus Estimate of $467.9 million. NII (fully-taxable-equivalent or FTE basis) was $411.8 million, declining marginally. Net interest margin (FTE basis) was 2.86%, down 5 basis points (bps). Non-interest income grew 3.4% to $60.7 million. The rise was driven by increase in all almost components. Non-interest expenses of $269.5 million increased sli
Show less
Read more
Impact Snapshot
Event Time:
VLY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
VLY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
VLY alerts
High impacting Valley National Bancorp news events
Weekly update
A roundup of the hottest topics
VLY
News
- Valley National Bancorp (NASDAQ: VLY) was downgraded by analysts at StockNews.com from a "hold" rating to a "sell" rating.MarketBeat
- Valley National Bancorp Declares Its Regular Quarterly Preferred and Common Stock DividendsGlobeNewswire
- Valley National Bancorp (NASDAQ: VLY) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating.MarketBeat
- Valley National Bancorp (NASDAQ: VLY) was upgraded by analysts at JPMorgan Chase & Co. from a "neutral" rating to an "overweight" rating. They now have a $11.00 price target on the stock, up previously from $10.50.MarketBeat
- Valley National Bancorp Announces Pricing of Common Stock OfferingGlobeNewswire
VLY
Earnings
- 10/24/24 - In-Line
VLY
Sec Filings
- 11/18/24 - Form 3
- 11/15/24 - Form 8-K
- 11/12/24 - Form 10-Q
- VLY's page on the SEC website