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Valley National Bancorp (VLY.OQ)

VLY.OQ on NASDAQ Stock Exchange Global Select Market

11.01USD
1:30am IST
Change (% chg)

$-0.12 (-1.08%)
Prev Close
$11.13
Open
$11.05
Day's High
$11.05
Day's Low
$10.90
Volume
312,787
Avg. Vol
548,070
52-wk High
$12.14
52-wk Low
$8.42

Latest Key Developments (Source: Significant Developments)

Valley National Bancorp Reports Increased Second Quarter Net Income And Strong Commercial Loan Growth
Thursday, 25 Jul 2019 

July 25 (Reuters) - Valley National Bancorp ::REPORTS INCREASED SECOND QUARTER NET INCOME AND STRONG COMMERCIAL LOAN GROWTH.Q2 EARNINGS PER SHARE $0.22.Q2 EARNINGS PER SHARE ESTIMATE $0.23 -- REFINITIV IBES DATA.Q2 ADJUSTED EARNINGS PER SHARE $0.23 EXCLUDING ITEMS.NET INTEREST INCOME ON A TAX EQUIVALENT BASIS OF $221.4 MILLION FOR Q2 OF 2019 INCREASED $1.5 MILLION AS COMPARED TO Q1 OF 2019.  Full Article

Valley National Bancorp To Acquire Oritani Financial Corp In Capital Accretive Transaction
Wednesday, 26 Jun 2019 

June 26 (Reuters) - Valley National Bancorp ::VALLEY NATIONAL BANCORP TO ACQUIRE ORITANI FINANCIAL CORP. IN CAPITAL ACCRETIVE TRANSACTION.VALLEY NATIONAL BANCORP TO ACQUIRE ORITANI FINANCIAL CORP. IN CAPITAL ACCRETIVE TRANSACTION.VALLEY NATIONAL BANCORP - SHAREHOLDERS OF ORITANI WILL RECEIVE 1.60 SHARES OF VALLEY COMMON STOCK FOR EACH ORITANI SHARE THEY OWN.VALLEY NATIONAL BANCORP - TRANSACTION IS VALUED AT AN ESTIMATED $740 MILLION, BASED ON VALLEY'S CLOSING STOCK PRICE ON JUNE 25, 2019..VALLEY NATIONAL BANCORP - VALLEY IS PLANNING ON RESTRUCTURING APPROXIMATELY $635 MILLION OF HIGHER COST FHLB BORROWINGS..VALLEY NATIONAL BANCORP - ANTICIPATES DEAL, COMBINED WITH DEBT RESTRUCTURING WILL BE IMMEDIATELY NEUTRAL TO SLIGHTLY ACCRETIVE TO EARNINGS PER SHARE.VALLEY NATIONAL BANCORP - DEAL ANTICIPATED TO BE ACCRETIVE TO EARNINGS IN 2020, INCLUDING FHLB RESTRUCTURING.VALLEY NATIONAL BANCORP - DEAL IS SLIGHTLY ACCRETIVE TO TANGIBLE BOOK VALUE WHILE INCREASING TIER 1 COMMON EQUITY BY OVER 50 BASIS POINTS.  Full Article

Valley National Bancorp Reports Increased First Quarter Net Income, Solid Loan Growth And Operational Efficiency
Thursday, 25 Apr 2019 

April 25 (Reuters) - Valley National Bancorp ::REPORTS INCREASED FIRST QUARTER NET INCOME, SOLID LOAN GROWTH AND OPERATIONAL EFFICIENCY.Q1 EARNINGS PER SHARE $0.33.Q1 EARNINGS PER SHARE ESTIMATE $0.22 -- REFINITIV IBES DATA.Q1 ADJUSTED EARNINGS PER SHARE $0.22 EXCLUDING ITEMS.QUARTERLY NET INTEREST INCOME $218.65 MILLION VERSUS $207.6 MILLION.QUARTERLY NET INTEREST INCOME - FTE $219.9 MILLION VERSUS $209.1 MILLION.  Full Article

Valley National Bancorp Announces Receipt Of Regulatory And Shareholder Approvals
Friday, 15 Dec 2017 

Dec 15 (Reuters) - Usameribancorp Inc ::VALLEY NATIONAL BANCORP ANNOUNCES THE RECEIPT OF REGULATORY AND SHAREHOLDER APPROVALS FOR THE ACQUISITION OF USAMERIBANCORP, INC..  Full Article

Valley National Bancorp reports Q3 EPS $0.14
Wednesday, 25 Oct 2017 

Oct 25 (Reuters) - Valley National Bancorp :Valley National Bancorp reports third quarter net income, strong loan growth and solid credit quality.Q3 earnings per share $0.14.Q3 earnings per share view $0.18 -- Thomson Reuters I/B/E/S.Q3 adjusted earnings per share $0.17 excluding items.‍Net interest income on a tax equivalent basis of $166.9 million for Q3 of 2017 increased $10.6 million as compared to Q3 of 2016​.‍Net interest income on a tax equivalent basis totaling $166.9 million for Q3 of 2017 increased $10.6 million as compared to Q3 of 2016​.  Full Article

Valley National Bancorp gets regulatory approval from OCC for USAmeriBancorp deal
Wednesday, 11 Oct 2017 

Oct 10 (Reuters) - Valley National Bancorp ::Valley National Bancorp receives regulatory approval from the OCC for the acquisition of USAmeriBancorp Inc.Says has now received all necessary banking regulatory approvals to complete USAmeriBancorp merger ​.  Full Article