Reports Q2 revenue $495.012M, consensus $492.76M. Ira Robbins, CEO, commented, “I am pleased by the continued balance sheet strength and commercial loan growth exhibited during the second quarter. Our profitability metrics are trending positively, consistent with our expectations for improvement throughout the year. We remain focused on growing low-cost deposits, which we expect will support our aspirations in 2025 and beyond.”
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on VLY:
- VLY Upcoming Earnings Report: What to Expect?
- Valley National price target raised to $11 from $10 at Barclays
- Meta upgraded, PNC Financial downgraded: Wall Street’s top analyst calls
- Valley National upgraded to Overweight from Equal Weight at Morgan Stanley
- Valley National appoints Lyndsey Sloan as general counsel