Valley National Bancorp (VLYPO) Projected to Post Earnings on Thursday

Valley National Bancorp (NASDAQ:VLYPO) is anticipated to announce its results before the market opens on Thursday, April 23rd. Analysts expect the company to announce earnings of $0.2746 per share and revenue of $531.8940 million for the quarter.

Valley National Bancorp Price Performance

Valley National Bancorp stock opened at $24.91 on Thursday. Valley National Bancorp has a 12 month low of $23.54 and a 12 month high of $25.74. The business’s fifty day simple moving average is $24.93 and its two-hundred day simple moving average is $25.07.

Valley National Bancorp Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 30th. Stockholders of record on Friday, March 13th were given a $0.4703 dividend. This represents a $1.88 annualized dividend and a dividend yield of 7.6%. The ex-dividend date of this dividend was Friday, March 13th.

Valley National Bancorp Company Profile

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.