Breakdown | ||||
Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
---|---|---|---|---|
Income Statement | Total Revenue | |||
1.84B | 1.82B | 1.86B | 1.37B | 1.30B | Gross Profit |
1.85B | 1.82B | 1.86B | 1.37B | 1.30B | EBIT |
-1.62B | 689.20M | 1.10B | 640.74M | 530.07M | EBITDA |
0.00 | 0.00 | 728.87M | 685.20M | 612.33M | Net Income Common Stockholders |
380.27M | 498.51M | 568.85M | 473.84M | 390.61M |
Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
3.78B | 891.23M | 2.21B | 3.18B | 2.67B | Total Assets |
62.49B | 60.93B | 57.46B | 43.45B | 40.69B | Total Debt |
461.02M | 3.71B | 2.10B | 2.42B | 3.78B | Net Debt |
49.61M | 2.82B | 1.15B | 369.00M | 2.45B | Total Liabilities |
55.06B | 54.23B | 51.06B | 38.36B | 36.09B | Stockholders Equity |
7.44B | 6.70B | 6.40B | 5.08B | 4.59B |
Cash Flow | Free Cash Flow | |||
305.67M | 378.19M | 1.36B | -225.80M | 126.92M | Operating Cash Flow |
305.67M | 378.19M | 1.43B | 837.14M | 151.53M | Investing Cash Flow |
-559.20M | -3.35B | -6.79B | -1.08B | -2.04B | Financing Cash Flow |
337.35M | 2.91B | 4.26B | 964.35M | 2.78B |
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
---|---|---|---|---|---|---|---|
76 Outperform | $4.31B | 6.18 | 12.85% | 3.80% | 13.85% | 2.51% | |
73 Outperform | $4.38B | 22.98 | 6.63% | 3.24% | 8.10% | 6.95% | |
68 Neutral | $4.69B | 9.48 | 9.73% | 6.42% | -0.21% | 1.69% | |
68 Neutral | $4.92B | 12.71 | 7.33% | 4.30% | 6.39% | 2.93% | |
67 Neutral | $4.79B | 20.74 | 14.60% | 2.13% | 16.01% | 15.70% | |
66 Neutral | $4.82B | 12.53 | 5.48% | 5.12% | 1.60% | -18.84% | |
63 Neutral | $12.46B | 9.56 | 8.14% | 17044.64% | 12.63% | -4.25% |
Valley National Bancorp reported its first quarter 2025 financial results, showing a net income of $106.1 million, a decrease from the previous quarter but an increase from the same quarter last year. The company highlighted improvements in its funding base and credit quality, with growth in core deposits and a reduction in non-accrual loans. Despite a decrease in total loans, there was growth in commercial and industrial and automobile loans. The company also reported a decrease in non-interest expenses and an increase in non-interest income, contributing to a favorable efficiency ratio.
Spark’s Take on VLY Stock
According to Spark, TipRanks’ AI Analyst, VLY is a Neutral.
Valley National Bancorp’s overall stock score reflects mixed financial performance with inconsistent revenue growth and declining profitability metrics. Positive factors include strategic guidance from a strong earnings call, attractive valuation metrics, and recent leadership changes aimed at bolstering strategic execution. However, technical indicators suggest a bearish trend, and liquidity challenges remain a concern. The stock offers potential for growth if profitability and cash flow can be improved.
To see Spark’s full report on VLY stock, click here.
On March 12, 2025, Valley National Bancorp appointed Eyal Efrat as a director to serve until the next annual meeting of shareholders. Mr. Efrat, an independent director, will join the Risk Committee and Cyber and Technology Sub-Committee. He brings over 25 years of experience in the Israeli financial sector, having held significant roles at Bank Leumi and Harel Insurance Investments and Financial Services Ltd. This appointment follows the resignation of Avner Mendelson, the previous designee of Bank Leumi, under the Investor Rights Agreement.
On March 3, 2025, Valley National Bancorp announced significant leadership changes, including the departure of Joseph V. Chillura as President of Commercial Banking, effective June 30, 2025, and the appointment of Gino Martocci as his successor, effective March 31, 2025. Martocci brings over 30 years of experience and will oversee Valley’s commercial banking operations, aiming to expand its market presence. Additionally, Travis Lan was promoted to Senior Executive Vice President, Chief Financial Officer, effective immediately, recognizing his contributions to the bank’s strategic growth since joining in 2020. These appointments are part of Valley’s strategy to strengthen its leadership team and execute strategic priorities.