JP Morgan upgraded Valley National from Neutral to Overweight and set a new price target of $11.00 from $10.50 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 11/11/2024 | $10.50 → $11.00 | Neutral → Overweight | JP Morgan |
| 10/31/2024 | $9.00 → $10.00 | Underweight → Equal Weight | Barclays |
| 8/5/2024 | $8.00 → $9.50 | Underweight → Equal-Weight | Morgan Stanley |
| 5/31/2024 | $8.00 | Outperform → Mkt Perform | Keefe Bruyette |
| 3/8/2024 | $8.00 | Underweight | Barclays |
| 12/1/2023 | $9.50 | Neutral | Citigroup |
| 10/30/2023 | $11.00 → $10.00 | Overweight → Neutral | JP Morgan |
| 9/27/2023 | $8.00 → $8.50 | Equal-Weight → Underweight | Morgan Stanley |
NEW YORK, Nov. 07, 2024 (GLOBE NEWSWIRE) -- Valley National Bancorp ("Valley") (NASDAQ:VLY), the holding company for Valley National Bank, today announced the pricing of a public offering of 42,780,748 shares of its common stock, no par value (the "Common Stock"), at a public offering price of $9.35 per share, for aggregate gross proceeds of $400 million. In addition, Valley has granted the underwriter a 30-day option to purchase up to an additional 6,417,112 shares of its Common Stock at the public offering price, less underwriting discounts and commissions. The offering is expected to close on November 12, 2024, subject to the satisfaction of customary closing conditions. Valley intend
NEW YORK, Nov. 07, 2024 (GLOBE NEWSWIRE) -- Valley National Bancorp ("Valley") (NASDAQ:VLY), the holding company for Valley National Bank, today announced a proposed public offering of shares of its common stock, no par value (the "Common Stock"). In addition, Valley expects to grant the underwriters a 30-day option to purchase up to an additional 15% of the number of shares of its Common Stock sold in this offering at the public offering price, less underwriting discounts and commissions. Valley expects to use the net proceeds from this offering for general corporate purposes and investments in Valley National Bank as regulatory capital. J.P. Morgan is acting as sole book-running
Valley National Bank, the wholly-owned subsidiary of Valley National Bancorp (NASDAQ:VLY), announces the closing of a $150 million five-year Senior Secured Term Loan Facility to Green Thumb Industries Inc. ("Green Thumb or the "Company") (CSE:GTII) (OTCQX:GTBIF), a leading national cannabis consumer packaged goods company and owner of RISE Dispensaries. The Company intends to use the proceeds along with existing cash to retire its $225 million senior secured debt due April 30, 2025. Valley is the Sole Lead Arranger, Sole Bookrunner, and Administrative Agent for the deal in conjunction with a tailored syndicate of bank market investors. The transaction was arranged, structured, undertaken,
JP Morgan upgraded Valley National from Neutral to Overweight and set a new price target of $11.00 from $10.50 previously
Barclays upgraded Valley National from Underweight to Equal Weight and set a new price target of $10.00 from $9.00 previously
Morgan Stanley upgraded Valley National from Underweight to Equal-Weight and set a new price target of $9.50 from $8.00 previously
NEW YORK, Sept. 09, 2024 (GLOBE NEWSWIRE) -- Valley National Bancorp (NASDAQ:VLY), the holding company for Valley National Bank, announced that it will release its third quarter 2024 earnings before the market opens on Thursday, October 24, 2024. Valley's CEO, Ira Robbins will host a conference call on Thursday, October 24, 2024 at 11:00 AM (ET) to discuss Valley's third quarter 2024 earnings. Interested parties should pre-register using this link: https://register.vevent.com/register/BIe14e73c95b4346a8a409b87f700a6b50 to receive the dial-in number and a personal PIN, which are required to access the conference call. The teleconference will also be webcast live: https://edge.media-server
NEW YORK, Aug. 20, 2024 (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 September 13, 2024 are as follows: A cash dividend of $0.390625 per share to be paid September 30, 2024 on Valley's Non-Cumulative Perpetual Preferred Stock Series A;A cash dividend of $0.598871 per share to be paid September 30, 2024 on Valley's Non-Cumulative Perpetual Preferred Stock Series B;A cash dividend of $0.320833 per share to be paid September 30, 2024 on Valley's Non-Cumulative Perpetual Preferred Stock Series C; and
NEW YORK, July 09, 2024 (GLOBE NEWSWIRE) -- Valley National Bancorp (NASDAQ:VLY), the holding company for Valley National Bank, announced that it will release its second quarter 2024 earnings before the market opens on Thursday, July 25, 2024. Valley's CEO, Ira Robbins will host a conference call on Thursday, July 25, 2024 at 11:00 AM (ET) to discuss Valley's second quarter 2024 earnings. Interested parties should pre-register using this link: https://register.vevent.com/register/BI59081f7b3bcb41b4807103c46e3308bb to receive the dial-in number and a personal PIN, which are required to access the conference call. The teleconference will also be webcast live: https://edge.media-server.com/
4 - VALLEY NATIONAL BANCORP (0000714310) (Issuer)
4 - VALLEY NATIONAL BANCORP (0000714310) (Issuer)
4 - VALLEY NATIONAL BANCORP (0000714310) (Issuer)
4 - VALLEY NATIONAL BANCORP (0000714310) (Issuer)
3 - VALLEY NATIONAL BANCORP (0000714310) (Issuer)
NEW YORK, June 07, 2024 (GLOBE NEWSWIRE) -- Valley National Bancorp (NASDAQ:VLY), the holding company for Valley National Bank, today announced that it has appointed John P. Regan as Senior Executive Vice President—Chief Risk Officer effective June 24, 2024. Mr. Regan will succeed Raja A. Dakkuri, who is leaving Valley to pursue another professional opportunity outside the banking industry. Mr. Dakkuri will remain in the position until Mr. Regan joins to ensure an orderly transition. Mr. Regan will report directly to Ira Robbins, Chief Executive Officer and Chairman of Valley. In his role, Mr. Regan will oversee all aspects of Valley's enterprise risk management program. Mr. Regan is a
Valley National Bank, the wholly-owned subsidiary of Valley National Bancorp (NASDAQ:VLY), announces the appointment of Sanjay Sidhwani as its first Chief Data and Analytics Officer. In this role, Sidhwani will oversee the bank's data strategy and data management capabilities including enterprise data architecture, data platforms and services, data governance, data risk and data literacy. He will also be responsible for building out the bank's advanced analytics capabilities to drive strategic objectives. "Sanjay has extensive experience and expertise in driving digital transformation and delivering measurable business results through advanced analytics," said Russ Barrett, Valley's Execu
Valley Ntl (NASDAQ:VLY) reported quarterly earnings of $0.13 per share which missed the analyst consensus estimate of $0.19 by 31.58 percent. The company reported quarterly sales of $452.898 million which missed the analyst consensus estimate of $459.866 million by 1.52 percent. This is a 5.61 percent decrease over sales of $479.840 million the same period last year.
RBC Capital analyst Steven Duong maintains Valley Ntl (NASDAQ:VLY) with a Outperform and lowers the price target from $9 to $8.
10-Q - VALLEY NATIONAL BANCORP (0000714310) (Filer)
8-K - VALLEY NATIONAL BANCORP (0000714310) (Filer)
424B5 - VALLEY NATIONAL BANCORP (0000714310) (Filer)
SC 13G - VALLEY NATIONAL BANCORP (0000714310) (Subject)
SC 13G/A - VALLEY NATIONAL BANCORP (0000714310) (Subject)
SC 13G/A - VALLEY NATIONAL BANCORP (0000714310) (Subject)