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 (%)|
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%.