VLY Stock Recent News

NEW YORK, May 20, 2025 (GLOBE NEWSWIRE) -- Valley National Bancorp (NASDAQ:VLY) (“Valley”), the holding company for Valley National Bank, announced today its regular preferred and common dividends. The declared quarterly dividends to shareholders of record on June 13, 2025 are as follows:

NEW YORK, May 16, 2025 (GLOBE NEWSWIRE) -- Valley National Bancorp (NASDAQ: VLY), the holding company for Valley National Bank, today announced the redemption, in full, of its 5.25% Fixed-to-Floating Rate Subordinated Notes due 2030 (the “Notes”) in an aggregate principal amount of $115,000,000. The redemption date for the Notes is June 15, 2025 (the “Redemption Date”). The Notes will be redeemed at a redemption price of 100% of the principal amount plus accrued and unpaid interest to, but excluding, the Redemption Date.

Valley National Bancorp's stock is undervalued, trading below tangible book value, with a 14% total return potential including a 5% dividend yield. The bank has improved its capital and reserves, with a CET1 ratio of 10.8%, targeting over 11% by year-end. Valley's net interest margins are expected to improve as high-cost funding sources are replaced and the securities portfolio benefits from higher rates.

Higher provisions, a rise in adjusted expenses and a fall in non-interest income hurt VLY's Q1 earnings, while an increase in NII offers some support.

Valley National Bancorp (NASDAQ:VLY ) Q1 2025 Earnings Conference Call April 24, 2025 11:00 AM ET Company Participants Travis Lan - Senior Executive Vice President and Chief Financial Officer Ira Robbins - Chief Executive Officer Mark Saeger - Chief Credit Officer Conference Call Participants Frank Schiraldi - Piper Sandler Christopher McGratty - KBW Manan Gosalia - Morgan Stanley Anthony Elian - JPMorgan Matthew Breese - Stephens Jared David Shaw - Barclays Stephen Moss - Raymond James Jon Arfstrom - RBC Capital Markets Operator Good day and thank you for standing by. Welcome to the Q1 2025 Valley National Bancorp Earnings Conference Call.

Although the revenue and EPS for Valley National (VLY) give a sense of how its business performed in the quarter ended March 2025, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Valley National (VLY) came out with quarterly earnings of $0.18 per share, missing the Zacks Consensus Estimate of $0.19 per share. This compares to earnings of $0.19 per share a year ago.

NEW YORK, April 24, 2025 (GLOBE NEWSWIRE) -- Valley National Bancorp (NASDAQ:VLY), the holding company for Valley National Bank, today reported net income for the first quarter 2025 of $106.1 million, or $0.18 per diluted common share, as compared to the fourth quarter 2024 net income of $115.7 million, or $0.20 per diluted common share, and net income of $96.3 million, or $0.18 per diluted common share, for the first quarter 2024. Excluding all non-core income and charges, our adjusted net income (a non-GAAP measure) was $106.1 million, or $0.18 per diluted common share, for the first quarter 2025, $75.7 million, or $0.13 per diluted common share, for the fourth quarter 2024, and $99.4 million, or $0.19 per diluted common share, for the first quarter 2024. See further details below, including a reconciliation of our non-GAAP adjusted net income, in the "Consolidated Financial Highlights" tables.

Besides Wall Street's top -and-bottom-line estimates for Valley National (VLY), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended March 2025.

Valley National (VLY) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.