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%.