Valley National Bancorp (NASDAQ:VLYPO) Trading Down 0.5% – Here’s What Happened

Valley National Bancorp (NASDAQ:VLYPOGet Free Report) shares dropped 0.5% during mid-day trading on Wednesday . The stock traded as low as $25.10 and last traded at $25.19. Approximately 6,350 shares changed hands during mid-day trading, an increase of 24% from the average daily volume of 5,127 shares. The stock had previously closed at $25.31.

Valley National Bancorp Price Performance

The business has a 50 day simple moving average of $25.18 and a 200 day simple moving average of $25.13.

About Valley National Bancorp

(Get Free Report)

Valley National Bancorp is a bank holding company headquartered in Wayne, New Jersey, operating through its primary subsidiary, Valley National Bank. The company provides a full range of commercial and consumer banking services, including deposit accounts, lending products, and treasury management. Valley National Bancorp also offers mortgage origination, residential mortgage servicing, wealth management, insurance, and trust services to individuals, small businesses, and middle-market companies.

In its commercial banking segment, Valley National Bancorp serves clients with business checking and savings accounts, commercial and industrial loans, equipment leasing and financing, and treasury management solutions.

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