What Valley National Bancorp (VLY) Investors Need to Know

Valley National Bancorp moved -1.0% this afternoon session, trading between a high of $8.435 and a low of $8.255 per share. Yesterday the stock finished at $8.48 per share, compared to an average analyst target price of $10.85.

Valley National Bancorp operates as the holding company for Valley National Bank that provides various commercial, retail, insurance, and wealth management financial services products. The mid-cap major banks company is based in the United States, and over the last twelve months it has returned a dividend yield of 5.2%. Valley National Bancorp has trailing twelve months earnings per share (EPS) of 1.24, which at today's prices amounts to a price to earnings (P/E) ratio of 6.8.

Based on its expected future earnings growth, the company has a price to earnings growth (PEG) ratio of 1.57. Usually a PEG ratio between 0 and 1 indicates a potentially undervalued company.

Snapshot of Valley National Bancorp's Operating Margins:

Date Reported Total Revenue ($ k) Operating Expenses ($ k) Operating Margins (%) YoY Growth (%)
2023-03-01 1,856,015 42 -10.64
2022-02-28 1,338,245 47 17.5
2021-02-26 1,259,685 40 0.0
2020-03-10 1,034,235 40 14.29
2019-02-28 948,049 35 6.06
2018-03-01 771,848 33

Valley National Bancorp's net margins are averaging 29.333333333333332%, which is comparable to the Banking industry average of 26.96%. We also note a relatively high coefficient of variability of 62.0%. The firm's margins exhibit a relatively stable growth trend of 4.0%.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.