Valley National Bancorp (NASDAQ:VLY) Given New $17.00 Price Target at JPMorgan Chase & Co.

Valley National Bancorp (NASDAQ:VLY) had its target price cut by JPMorgan Chase & Co. from $17.50 to $17.00 in a research report sent to investors on Friday morning,Benzinga reports. They currently have an overweight rating on the stock.

Several other equities analysts have also recently weighed in on the company. Weiss Ratings reissued a “buy (b)” rating on shares of Valley National Bancorp in a research report on Monday, July 6th. National Bank Financial set a $17.50 price target on shares of Valley National Bancorp in a research report on Wednesday, July 1st. Barclays lifted their price target on shares of Valley National Bancorp from $14.00 to $15.00 and gave the stock an “equal weight” rating in a research note on Tuesday, July 7th. Piper Sandler raised their target price on Valley National Bancorp from $16.00 to $16.50 and gave the stock an “overweight” rating in a research report on Friday, June 26th. Finally, Hovde Group boosted their price target on Valley National Bancorp from $16.00 to $16.50 and gave the company an “outperform” rating in a research note on Tuesday, May 26th. Three equities research analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $16.03.

Valley National Bancorp Trading Down 0.8%

Shares of NASDAQ:VLY opened at $14.34 on Friday. The company has a current ratio of 0.96, a quick ratio of 0.96 and a debt-to-equity ratio of 0.35. The stock has a market capitalization of $7.95 billion, a PE ratio of 12.15 and a beta of 1.03. The firm has a fifty day moving average price of $14.22 and a 200 day moving average price of $13.23. Valley National Bancorp has a 1 year low of $8.95 and a 1 year high of $15.20.

Valley National Bancorp (NASDAQ:VLY) last posted its earnings results on Thursday, July 23rd. The company reported $0.30 earnings per share for the quarter, missing the consensus estimate of $0.31 by ($0.01). Valley National Bancorp had a return on equity of 9.13% and a net margin of 19.49%.The company had revenue of $560.74 million during the quarter, compared to analyst estimates of $557.16 million. During the same quarter last year, the firm posted $0.23 earnings per share. The firm’s revenue for the quarter was up 13.3% compared to the same quarter last year. Analysts expect that Valley National Bancorp will post 1.3 EPS for the current fiscal year.

Valley National Bancorp Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, October 1st. Investors of record on Tuesday, September 15th will be given a dividend of $0.11 per share. The ex-dividend date of this dividend is Tuesday, September 15th. This represents a $0.44 annualized dividend and a yield of 3.1%. Valley National Bancorp’s dividend payout ratio is 39.64%.

Insider Activity at Valley National Bancorp

In other Valley National Bancorp news, CAO Mitchell L. Crandell sold 25,495 shares of the company’s stock in a transaction on Friday, June 12th. The shares were sold at an average price of $14.63, for a total transaction of $372,991.85. Following the sale, the chief accounting officer directly owned 76,116 shares of the company’s stock, valued at approximately $1,113,577.08. This represents a 25.09% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, COO Russell Barrett sold 90,537 shares of the company’s stock in a transaction on Monday, April 27th. The stock was sold at an average price of $13.54, for a total transaction of $1,225,870.98. Following the sale, the chief operating officer directly owned 64,167 shares in the company, valued at $868,821.18. This trade represents a 58.52% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Corporate insiders own 1.06% of the company’s stock.

Hedge Funds Weigh In On Valley National Bancorp

Several institutional investors and hedge funds have recently made changes to their positions in the company. Geode Capital Management LLC lifted its holdings in shares of Valley National Bancorp by 1.9% in the fourth quarter. Geode Capital Management LLC now owns 13,029,085 shares of the company’s stock worth $152,200,000 after acquiring an additional 247,651 shares during the last quarter. Marshall Wace LLP grew its position in Valley National Bancorp by 1,013.8% during the 4th quarter. Marshall Wace LLP now owns 6,831,049 shares of the company’s stock worth $79,787,000 after acquiring an additional 6,217,716 shares during the last quarter. Norges Bank acquired a new stake in Valley National Bancorp during the 4th quarter worth approximately $71,554,000. AQR Capital Management LLC grew its holdings in Valley National Bancorp by 3.9% during the 4th quarter. AQR Capital Management LLC now owns 6,024,409 shares of the company’s stock worth $70,365,000 after acquiring an additional 224,996 shares during the last quarter. Finally, UBS Group AG increased its position in Valley National Bancorp by 404.7% in the 3rd quarter. UBS Group AG now owns 5,867,611 shares of the company’s stock valued at $62,197,000 after acquiring an additional 4,704,971 shares during the period. Institutional investors and hedge funds own 61.00% of the company’s stock.

Valley National Bancorp News Summary

Here are the key news stories impacting Valley National Bancorp this week:

• Positive Sentiment: JPMorgan Chase & Co. kept an Overweight rating on Valley National Bancorp and trimmed its price target only modestly to $17.00 from $17.50, signaling continued confidence in upside from current levels. JPMorgan price target update
• Positive Sentiment: Keefe, Bruyette & Woods raised its price target to $16.00 from $15.00, suggesting analysts still see room for the shares to recover despite the earnings miss. KBW price target update
• Positive Sentiment: Valley National posted year-over-year revenue growth of 13.3%, helped by stronger net interest income and non-interest income, and provisions were lower, which supports the longer-term earnings outlook. Second quarter 2026 results
• Neutral Sentiment: Adjusted second-quarter EPS came in at $0.30 versus the consensus $0.31, a very small miss that was offset by slightly better-than-expected revenue. Second quarter 2026 results
• Negative Sentiment: The main drag on the stock is that higher expenses kept Valley National from fully beating earnings estimates, limiting enthusiasm around an otherwise solid quarter. Earnings miss analysis

Valley National Bancorp Company Profile

Valley National Bancorp (NASDAQ: VLY) is a regional bank holding company headquartered in Wayne, New Jersey, offering a comprehensive suite of commercial and consumer banking products and services. Through its banking subsidiary, Valley National Bank, the company provides deposit accounts, residential and commercial lending, mortgage services, treasury and cash management, foreign exchange and trade finance solutions. Complementary wealth management and insurance offerings round out its financial services platform, catering to individual, small-business and corporate clients.

Tracing its roots to the establishment of Wayne National Bank in 1927, Valley has grown into one of the largest banks in New Jersey by both assets and deposit share.