Valley National Bancorp (VLYPP) to Release Quarterly Earnings on Thursday

Valley National Bancorp (NASDAQ:VLYPP) will likely be announcing 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 Stock Performance

VLYPP stock opened at $25.18 on Thursday. The company has a fifty day moving average of $25.10 and a 200-day moving average of $25.24. Valley National Bancorp has a one year low of $22.84 and a one year high of $26.11.

Valley National Bancorp Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 30th. Investors of record on Friday, March 13th were given a $0.4873 dividend. The ex-dividend date was Friday, March 13th. This represents a $1.95 dividend on an annualized basis and a yield of 7.7%.

About Valley National Bancorp

Valley National Bancorp (NASDAQ: VLYPP) is a bank holding company headquartered in Wayne, New Jersey, whose principal subsidiary, Valley Bank, delivers a full spectrum of financial services. Founded in 1927 as The Bank of Passaic County, the company has grown through strategic acquisitions and organic expansion to become a regional banking franchise. Valley National Bancorp provides commercial and consumer banking services, with offerings that include deposit accounts, business and agricultural lending, residential real estate financing, and treasury management solutions.

In addition to core lending and deposit-taking activities, Valley National Bancorp operates specialized businesses covering mortgage banking, wealth management, and insurance services.