Valley National Bancorp
Description
Valley National Bancorp operates as the holding company for Valley National Bank that provides various commercial, private banking, retail, insurance, and wealth management financial services products. It operates through Consumer Banking, Commercial Banking, and Treasury and Corporate other segments. The company offers non-interest bearing, savings, NOW, money market, and time deposit accounts; commercial and industrial, commercial real estate, residential mortgage, and automobile loans; loans secured by the cash surrender value of life insurance; home equity loans and lines of credit; automobile financing; and secured and unsecured other consumer loans. It also invests in various securities and interest-bearing deposits with other banks; and provides international banking services, such as standby and documentary letters of credit, and related products, as well as foreign exchange transactions, documentary collections, and foreign wire transfers services. In addition, the company offers investment services for individuals and small to medium sized businesses; and trusts investment strategies designed for various investment profiles and objectives. Further, it provides trust services, such as living and testamentary trusts, investment management, custodial and escrow services, and estate administration to individuals; tax credit advisory services; brokerage services; property and casualty, life, health, and title insurance agency services; and health care equipment lending and other commercial equipment leasing services, as well as owns real estate related investments. Additionally, the company offers online, mobile, and telephone banking services; receivable, payment, and security solution, merchant, payroll processing, and liquidity services; credit cards; and drive-in and night deposit, automated teller machine, remote deposit capture, and safe deposit facility services. Valley National Bancorp was founded in 1927 and is headquartered in Morristown, New Jersey.
About
CEO
Mr. Ira D. Robbins
Employees
3,749
Instrument type
Common Stock
Sector
Financial Services
Industry
Banks - Regional
MIC code
XNGS
Address
70 Speedwell Avenue, Morristown, NJ 07960, United States
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![Enlarged Chart]()
Oscillators
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Summary
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Moving Averages
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Earnings
| Date | Estimate EPS | Actual EPS | Difference | % Surprise |
|---|---|---|---|---|
| Jan 21, 2026 | — | — | — | — |
| Oct 22, 2025 | — | — | — | — |
| Jul 23, 2025 | — | — | — | — |
| Apr 23, 2025 | — | — | — | — |
| Jan 23, 2025 | 0.14 | 0.13 | -0.01 | -7.14% |
Earnings estimate
|
Current Quarter
(Mar 2025)
|
Next Quarter
(Jun 2025)
|
Current Year
(Dec 2025)
|
Next Year
(Dec 2026)
|
|
|---|---|---|---|---|
| Number of analysts | 10 | 10 | 10 | 11 |
| Average estimate | 0.19 | 0.22 | 0.95 | 1.16 |
| Low estimate | 0.18 | 0.21 | 0.92 | 1.08 |
| High estimate | 0.21 | 0.24 | 0.99 | 1.32 |
| Last year EPS | 0.19 | 0.13 | 0.62 | 0.95 |
[stock_revenue_estimate]
Growth estimates
Current qtr (Mar 2025)
2.340%
Next qtr. (Jun 2025)
71.700%
Current year (Dec 2025)
53.420%
Next year (Dec 2026)
21.580%
Next 5 years (per annum)
—
Past 5 years (per annum)
—
Income statement
| 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
| Fiscal date | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
| Total reported revenue | 1.88B | 1.86B | 1.37B | 1.30B | 1.11B |
| Cost of revenue | — | — | — | — | — |
| Gross profit | — | — | — | — | — |
| Operating expense | |||||
| Research & development | — | — | — | — | — |
| Selling general and admin | 591.48M | 549.57M | 390.05M | 350.10M | 344.30M |
| Other operating expenses | — | — | — | — | — |
| Operating income | — | — | — | — | — |
| Non operating interest income | |||||
| Income | — | — | — | — | — |
| Expense | — | — | — | — | — |
| Other income expense | — | — | — | — | — |
| Pretax income | 678.33M | 780.67M | 640.74M | 530.07M | 456.80M |
| Tax provision | 179.82M | 211.82M | 166.90M | 139.46M | 147.00M |
| Net income | 498.51M | 568.85M | 473.84M | 390.61M | 309.79M |
| Basic EPS | 0.95 | 1.14 | 1.13 | 0.94 | 0.88 |
| Diluted EPS | 0.95 | 1.14 | 1.12 | 0.93 | 0.87 |
| Basic average shares | 507.53M | 485.43M | 407.45M | 403.75M | 337.79M |
| Diluted average shares | 507.53M | 485.43M | 407.45M | 403.75M | 337.79M |
| EBITDA | — | — | — | — | — |
| Net income from continuing op. | 498.51M | 568.85M | 473.84M | 390.61M | 309.79M |
| Minority interests | — | — | — | — | — |
| Preferred stock dividends | — | — | — | — | — |
Balance sheet
| 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
| Fiscal date | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
| Total assets | — | — | — | — | — |
| Current assets | |||||
| Cash | 284.09M | 444.33M | 205.16M | 257.85M | 256.26M |
| Cash equivalents | — | — | — | — | — |
| Cash and cash equivalents | 891.23M | 947.95M | 2.05B | 1.33B | 434.69M |
| Other short term investments | 28.67M | 1.26B | 1.13B | 1.34B | 1.57B |
| Accounts receivable | 245.50M | 196.61M | 96.88M | 106.23M | 105.64M |
| Other receivables | — | — | — | — | — |
| Inventory | — | — | — | — | — |
| Prepaid assets | — | — | — | — | — |
| Restricted cash | — | — | — | — | — |
| Assets held for sale | — | — | — | — | — |
| Hedging assets | — | — | — | — | — |
| Other current assets | — | — | — | — | — |
| Non current assets | |||||
| Properties | 343.46M | 306.35M | 259.12M | 252.05M | 285.13M |
| Land and improvements | 80.35M | 84.59M | 89.44M | 90.38M | 93.59M |
| Machinery furniture equipment | 172.41M | 351.29M | 312.69M | 282.70M | 274.72M |
| Construction in progress | — | — | — | — | — |
| Leases | 165.88M | 123.28M | 92.19M | 88.90M | 85.04M |
| Accumulated depreciation | -235.52M | -407.21M | -380.68M | -356.66M | -338.96M |
| Goodwill | 3.90B | 3.94B | 2.99B | 2.84B | 2.83B |
| Investment properties | — | — | — | — | — |
| Financial assets | — | — | — | — | — |
| Intangible assets | 160.33M | 197.46M | 70.39M | 70.45M | 86.77M |
| Investments and advances | 5.10B | 5.15B | 3.87B | 3.54B | 3.94B |
| Other non current assets | — | — | — | — | — |
| Total liabilities | — | — | — | — | — |
| Current liabilities | |||||
| Accounts payable | — | — | — | — | — |
| Accrued expenses | 1.28B | 1.33B | 311.04M | 381.99M | 284.72M |
| Short term debt | 850.00M | 24.04M | 500.00M | 1.00B | 940.00M |
| Deferred revenue | — | — | — | — | — |
| Tax payable | — | — | — | — | — |
| Pensions | — | — | — | — | — |
| Other current liabilities | — | — | — | — | — |
| Non current liabilities | |||||
| Long term debt | 2.79B | 1.96B | 1.76B | 2.33B | 2.14B |
| Provision for risks and charges | — | — | — | — | — |
| Deferred liabilities | — | — | — | — | — |
| Derivative product liabilities | — | — | — | — | — |
| Other non current liabilities | — | — | — | — | — |
| Shareholders equity | |||||
| Common stock | 178.19M | 178.19M | 148.48M | 141.75M | 141.42M |
| Retained earnings | 1.47B | 1.22B | 883.65M | 611.16M | 443.56M |
| Other shareholders equity | -146.46M | -164.00M | -17.93M | -7.72M | -32.21M |
| Total shareholders equity | 6.70B | 6.40B | 5.08B | 4.59B | 4.38B |
| Additional paid in capital | 4.99B | 4.98B | 3.88B | 3.64B | 3.62B |
| Treasury stock | 1.39M | 21.75M | 22.86M | 225,000 | 479,000 |
| Minority interest | — | — | — | — | — |
Cash flow statement
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 | 1993 | 1992 | 1991 | 1990 | 1989 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||||||||||||||||||||||
| Net Income | 498.51M | 568.85M | 473.84M | 390.61M | 309.79M | 261.43M | 161.91M | 168.15M | 102.96M | 116.17M | 131.96M | 143.63M | 132.51M | 130.01M | 116.06M | 93.59M | 153.23M | 163.69M | 163.45M | 154.40M | 153.42M | 154.62M | 135.20M | 126.74M | 125.34M | 101.30M | 90.20M | 71.50M | 62.60M | 59.00M | 54.60M | 41.60M | 30.10M | 27.10M | 33.90M |
| Depreciation | 83.21M | 79.45M | 50.96M | 82.26M | 71.40M | 45.97M | 34.86M | 35.76M | 30.25M | 29.38M | 27.97M | 28.26M | 25.70M | 23.57M | 22.20M | 21.89M | 22.78M | 25.09M | 24.08M | 22.17M | 38.14M | 21.70M | 27.12M | 22.80M | 24.11M | 19.20M | 14.90M | 15.30M | 8.40M | 8.00M | 15.70M | 7.80M | 5.40M | 4.20M | 3.20M |
| Deferred Taxes | -9.36M | 7.49M | 26.83M | -5.06M | 15.23M | -11.78M | 76.85M | 27.15M | 16.45M | 11.46M | 30.33M | 28.40M | -16.11M | 19.33M | -10.90M | -33.96M | -20.34M | -17.87M | -12.96M | -14.57M | -7.99M | -29.38M | -7.53M | -561,000 | -341,000 | -2.50M | 3.20M | -1.00M | 1.50M | 100,000 | -4.60M | -2.20M | -2.40M | -3.10M | -1.00M |
| Stock-Based Compensation | 33.10M | 28.79M | 20.89M | 16.15M | 14.73M | 19.47M | 12.20M | 10.03M | 7.58M | 7.49M | 6.06M | 4.82M | 3.16M | 4.83M | 5.05M | 5.53M | 5.14M | 5.63M | 3.88M | 3.25M | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Non-Cash Items | 889,000 | 122.51M | 177.09M | -191.39M | -28.54M | -7.74M | 369.57M | 146.73M | 10.46M | 14.78M | 138.60M | 83.66M | 31.09M | 56.02M | -12.01M | -284,000 | 252.15M | 339,000 | 101,000 | 8.34M | 53.01M | 21.69M | -21.39M | 5.17M | 22.31M | 192.50M | 61.50M | 41.40M | 15.20M | 11.20M | 13.60M | 96.30M | 11.40M | 12.00M | 1.20M |
| Accounts Receivable | -48.89M | -74.01M | 11.53M | -593,000 | 1.44M | -9.18M | -7.17M | -3.26M | -2.48M | 423,000 | -1.59M | 5.45M | -3.07M | 93,000 | 1.47M | -1.14M | -36.38M | 24.71M | -1.21M | 11.99M | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Accounts Payable | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Assets & Liabilities | -208.21M | -239.53M | 96.49M | -321.84M | -171.56M | -41.84M | -64.69M | 46.92M | -62.37M | 10.87M | -16.54M | 39.70M | -34.91M | 16.14M | 118.89M | 733.55M | 1.15B | -8.62M | -8.75M | -6.20M | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Operating Cash Flow | 349.25M | 493.54M | 857.62M | -29.86M | 212.49M | 256.34M | 583.52M | 431.48M | 102.85M | 190.57M | 316.79M | 333.90M | 138.35M | 249.99M | 240.76M | 819.18M | 1.53B | 192.98M | 168.58M | 179.37M | 236.58M | 168.63M | 133.40M | 154.14M | 171.41M | 310.50M | 169.80M | 127.20M | 87.70M | 78.30M | 79.30M | 143.50M | 44.50M | 40.20M | 37.30M |
| Investing Activities | |||||||||||||||||||||||||||||||||||
| Capital Expenditures | — | — | — | — | — | — | — | — | — | — | — | — | -11.54M | -10.00M | -21.57M | -27.67M | -17.39M | -38.99M | -27.27M | -45.85M | -26.14M | -444.69M | -11.73M | -10.22M | -9.83M | -10.70M | -12.80M | -12.90M | -12.40M | -5.90M | -8.30M | -10.30M | -2.30M | -7.30M | -1.90M |
| Net Intangibles | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Net Acquisitions | — | 321.54M | 321.62M | — | 22.24M | 156.61M | — | — | 201.03M | 102.03M | — | 117.59M | — | 44.23M | -285,000 | 35.38M | — | 1.22M | 93.02M | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Purchase of Investments | -429.10M | -904.40M | -1.70B | -1.02B | -747.05M | -554.28M | -632.14M | -1.35B | -833.94M | -425.60M | -908.48M | -816.22M | -1.16B | -1.31B | -1.47B | -1.30B | -1.17B | -279.04M | -792.20M | -1.75B | -2.54B | -1.86B | -1.99B | -388.60M | -896.29M | -633.80M | -440.80M | -263.60M | -308.50M | -406.20M | -597.00M | -876.40M | -1.14B | -164.80M | -101.50M |
| Sale of Investments | 478.75M | 717.23M | 1.36B | 1.44B | 1.04B | 540.49M | 498.34M | 1.20B | 697.38M | 563.23M | 713.37M | 1.21B | 1.42B | 1.40B | 1.19B | 838.34M | 345.50M | 662.65M | 739.38M | 1.60B | 1.42B | 1.83B | 1.64B | 503.56M | 732.54M | 603.40M | 563.10M | 513.10M | 371.10M | 621.90M | 684.10M | 607.60M | 447.30M | 115.50M | 157.20M |
| Investing Cash Flow | 54.87M | 139.06M | -17.84M | 428.75M | 321.90M | 147.04M | -120.72M | -147.74M | 66.36M | 245.24M | -189.48M | 536.70M | 284.66M | 122.35M | -305.74M | -451.58M | -919.48M | 347.64M | -397.52M | -494.74M | -834.01M | -550.30M | -589.06M | -101.61M | -697.13M | -419.00M | -144.60M | -261.50M | -160.20M | -85.70M | -68.60M | -393.50M | -331.10M | -94.30M | -133.00M |
| Financing Activities | |||||||||||||||||||||||||||||||||||
| Long-Term Debt Issuance | 1.25B | 147.51M | 295.92M | 838.39M | 950.00M | — | 1.07B | 385.00M | 162.79M | — | 125.00M | — | — | 50.68M | — | 391.00M | 1.19B | 884.74M | 800.00M | 500.00M | 447.46M | 311.00M | 506.00M | 80.00M | 402.00M | 120.00M | 92.50M | 45.00M | — | — | 400,000 | — | 12.00M | — | — |
| Long-Term Debt Payments | -475.00M | — | -1.17B | -679.78M | -922.00M | -750.68M | -185.00M | -769.18M | -970.00M | -275.00M | -168.45M | -38.00M | -207.00M | -72.74M | -60.76M | -323.17M | -706.04M | -645.39M | -479.29M | -157.05M | -226.07M | -167.09M | -122.08M | -53.07M | -50.07M | -53.10M | -8.60M | -14.10M | -7.50M | -300,000 | -12.10M | -100,000 | -100,000 | — | — |
| Other Financing Charges | -18,000 | -745,000 | -680,000 | -612,000 | -492,000 | — | — | — | — | — | — | — | — | — | -12.98M | 106,000 | 123,000 | 27,000 | — | — | — | — | — | — | 100,000 | 100,000 | -1.40M | -1.70M | -80.90M | 35.80M | 12.50M | -33.40M | -300,000 | 100,000 | -2.70M |
| Financing Cash Flow | 1.31B | -717.18M | -1.57B | 18.85M | -1.17B | -186.19M | 529.17M | -390.32M | 77.20M | -511.18M | -38.51M | -243.59M | -295.22M | -165.38M | -779.87M | 287.15M | 588.34M | -125.13M | 288.66M | 390.64M | 137.34M | 135.68M | 385.91M | -57.90M | 457.44M | 14.80M | 56.90M | -6.90M | -122.00M | 8.80M | -19.40M | -51.70M | 7.60M | -10.80M | -1.80M |
| Other Cash Details | |||||||||||||||||||||||||||||||||||
| End Cash Position | 891.23M | 947.95M | 2.05B | 1.33B | 434.69M | 428.63M | 416.11M | 392.50M | 413.80M | 830.41M | 369.17M | 853.10M | 379.05M | 366.29M | 661.34M | 580.51M | 237.47M | 419.15M | 260.05M | 163.37M | 218.17M | 243.92M | 311.85M | 239.11M | 194.50M | 185.90M | 161.20M | — | — | — | — | — | — | — | — |
| Income Tax Paid | 236.50M | 172.10M | 163.37M | 148.38M | 106.34M | 53.59M | 29.01M | 26.56M | 50.03M | 34.24M | 15.32M | 50.11M | 60.19M | 50.64M | 63.02M | 46.97M | 59.21M | 64.36M | 90.96M | 89.09M | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Interest Paid | 1.36B | 281.14M | 138.36M | 279.04M | 415.65M | 290.44M | 170.61M | 151.21M | 159.17M | 162.76M | 167.86M | 183.12M | 199.57M | 217.10M | 288.86M | 305.22M | 347.96M | 304.10M | 216.68M | 145.07M | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Free Cash Flow | 378.19M | 1.43B | 837.14M | 163.56M | 261.92M | 303.96M | 619.23M | 419.18M | 154.93M | 183.98M | 285.36M | 323.31M | 191.34M | 279.01M | 104.55M | 935.37M | 981.27M | 230.63M | 116.07M | 114.45M | 197.09M | -330.87M | 150.81M | 142.67M | 166.43M | 300.00M | 163.20M | 106.00M | 71.00M | 63.20M | 65.80M | 148.40M | 248.00M | 26.10M | 34.40M |
Top Institutional Holders
| Holder | Date Reported | Shares | Value | % Held |
|---|---|---|---|---|
| iShares Core S&P Midcap ETF | Nov 30, 2024 | 15,069,252 | 155.82M | 4.54% |
| Vanguard Total Stock Market Index Fund | Sep 30, 2024 | 13,864,643 | 143.36M | 4.18% |
| iShares Russell 2000 ETF | Nov 30, 2024 | 13,485,699 | 139.44M | 4.06% |
| Vanguard Small-Cap Index Fund | Sep 30, 2024 | 10,831,587 | 112.00M | 3.26% |
| iShares Select Dividend ETF | Nov 30, 2024 | 9,744,592 | 100.76M | 2.94% |
| SPDR (R) Ser Tr-S&P Regional Banking ETF | Nov 30, 2024 | 7,841,408 | 81.08M | 2.36% |
| Undiscovered Managers Behavioral Value Fund | Sep 30, 2024 | 7,469,748 | 77.24M | 2.25% |
| Vanguard Small Cap Value Index Fund | Sep 30, 2024 | 7,334,642 | 75.84M | 2.21% |
| Delaware Group Equity Funds V-Small Cap Value Fund | Nov 30, 2024 | 7,160,700 | 74.04M | 2.16% |
| Vanguard Extended Market Index Fund | Sep 30, 2024 | 6,350,235 | 65.66M | 1.91% |
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