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Village Super Market secures NMTC financing for new store

Story Highlights
  • Village Super Market secured NMTC-based financing with Valley Bank to support constructing and opening a replacement grocery store in East Orange, New Jersey.
  • The complex financing, including a related-party leverage lender with CEO participation, provides $5.6 million of low-cost funding and an expected $1.1 million pretax benefit, subject to NMTC compliance obligations.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Village Super Market secures NMTC financing for new store

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Village Super Market ( (VLGEA) ) just unveiled an announcement.

On December 19, 2025, Village Super Market, Inc. entered into a New Markets Tax Credit financing transaction with Valley National Bank’s community investment fund to help fund the construction and opening costs of a replacement store in East Orange, New Jersey, a qualified low-income community. Through a layered structure involving an investment fund and a community development entity, approximately $5.6 million in low-interest, long-term financing was provided to a Village subsidiary, with the company expecting to recognize a $1.1 million pretax benefit over the seven-year NMTC compliance period, while bearing obligations to maintain program compliance and potentially indemnify Valley Bank if tax credits are recaptured. The company also formed a joint venture, VSM New Markets II LLC, with CEO John J. Sumas as a related party to act as the leverage lender; Sumas contributed a $0.2 million loan under a promissory note at 7% interest and the remaining leverage funds were provided by the company, with the related party terms reviewed and approved by the board’s audit committee.

The most recent analyst rating on (VLGEA) stock is a Buy with a $39.00 price target. To see the full list of analyst forecasts on Village Super Market stock, see the VLGEA Stock Forecast page.

Spark’s Take on VLGEA Stock

According to Spark, TipRanks’ AI Analyst, VLGEA is a Outperform.

Village Super Market’s overall stock score is driven by its solid financial performance and attractive valuation. The company’s stable financial health, efficient operations, and improved leverage contribute positively. The stock’s valuation metrics, including a low P/E ratio and a decent dividend yield, enhance its attractiveness. Technical indicators suggest moderate bullish momentum, although the stock faces potential resistance at higher moving averages.

To see Spark’s full report on VLGEA stock, click here.

More about Village Super Market

Village Super Market, Inc. operates in the grocery retail industry, running supermarkets that provide food and household products to consumers, including in underserved or lower-income communities such as East Orange, New Jersey.

Average Trading Volume: 50,313

Technical Sentiment Signal: Strong Buy

Current Market Cap: $479.3M

For an in-depth examination of VLGEA stock, go to TipRanks’ Overview page.

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