Valley National Bancorp (VLY) Projected to Post Quarterly Earnings on Thursday

Valley National Bancorp (NASDAQ:VLY) will likely be issuing its Q2 2025 quarterly earnings data before the market opens on Thursday, July 24th. Analysts expect the company to announce earnings of $0.22 per share and revenue of $495.79 million for the quarter.

Valley National Bancorp (NASDAQ:VLY) last announced its quarterly earnings results on Thursday, April 24th. The company reported $0.18 earnings per share for the quarter, missing the consensus estimate of $0.19 by ($0.01). Valley National Bancorp had a net margin of 11.03% and a return on equity of 5.12%. The firm had revenue of $479.67 million for the quarter, compared to the consensus estimate of $483.98 million. During the same period last year, the business earned $0.19 EPS. On average, analysts expect Valley National Bancorp to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Valley National Bancorp Trading Up 0.3%

NASDAQ:VLY opened at $9.25 on Thursday. The company has a current ratio of 0.97, a quick ratio of 0.97 and a debt-to-equity ratio of 0.41. Valley National Bancorp has a 12 month low of $7.18 and a 12 month high of $11.10. The company has a market cap of $5.18 billion, a PE ratio of 13.41 and a beta of 1.06. The company has a 50 day simple moving average of $9.00 and a two-hundred day simple moving average of $9.09.

Valley National Bancorp Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, July 1st. Shareholders of record on Friday, June 13th were issued a dividend of $0.11 per share. The ex-dividend date of this dividend was Friday, June 13th. This represents a $0.44 dividend on an annualized basis and a yield of 4.76%. Valley National Bancorp’s dividend payout ratio is currently 63.77%.

Wall Street Analysts Forecast Growth

VLY has been the subject of several recent analyst reports. Wall Street Zen downgraded shares of Valley National Bancorp from a “hold” rating to a “sell” rating in a report on Saturday, May 17th. Morgan Stanley raised Valley National Bancorp from an “equal weight” rating to an “overweight” rating and lifted their target price for the stock from $10.00 to $11.00 in a report on Thursday, July 3rd. Barclays restated an “underweight” rating on shares of Valley National Bancorp in a research report on Tuesday, July 8th. Piper Sandler raised shares of Valley National Bancorp from a “neutral” rating to an “overweight” rating and set a $11.00 price objective on the stock in a research report on Monday, March 24th. Finally, Truist Financial began coverage on shares of Valley National Bancorp in a research report on Tuesday, May 13th. They issued a “hold” rating and a $10.00 price objective on the stock. One research analyst has rated the stock with a sell rating, six have given a hold rating and five have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $10.73.

Institutional Investors Weigh In On Valley National Bancorp

Several institutional investors and hedge funds have recently made changes to their positions in VLY. Focus Partners Wealth increased its holdings in shares of Valley National Bancorp by 34.9% in the 1st quarter. Focus Partners Wealth now owns 60,868 shares of the company’s stock worth $541,000 after acquiring an additional 15,761 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in shares of Valley National Bancorp by 5.9% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 282,143 shares of the company’s stock worth $2,508,000 after purchasing an additional 15,771 shares during the last quarter. Jones Financial Companies Lllp acquired a new position in shares of Valley National Bancorp in the 1st quarter worth approximately $191,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in shares of Valley National Bancorp by 21.5% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,445,644 shares of the company’s stock worth $12,852,000 after acquiring an additional 255,870 shares in the last quarter. 61.00% of the stock is currently owned by institutional investors and hedge funds.

About Valley National Bancorp

Valley National Bancorp operates as the holding company for Valley National Bank that provides various commercial, private banking, retail, insurance, and wealth management financial services products. It operates through Consumer Banking, Commercial Banking, and Treasury and Corporate other segments.