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Valley National Bancorp (VLY)

(Delayed Data from NSDQ)

$7.32 USD

7.32
7,044,627

-0.45 (-5.79%)

Updated Apr 26, 2024 04:00 PM ET

After-Market: $7.32 0.00 (0.00%) 7:58 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.20%
2Buy18.04%
3Hold9.52%
4Sell5.20%
5Strong Sell2.60%
S&P50011.13%

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3-Hold of 5     3    

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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A Value F Growth D Momentum D VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Bottom 35% (163 out of 252)

Industry: Banks - Northeast

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Better trading starts here.

Balance Sheet

Research for VLY

The Zacks Equity Research reports, or ZER for short, are our in-house, independently produced research reports.

The ever popular one-page Snapshot reports are generated for virtually every single Zacks Ranked stock. It's packed with all of the company's key stats and salient decision making information. Including the Zacks Rank, Zacks Industry Rank, Style Scores, the Price, Consensus & Surprise chart, graphical estimate analysis and how a stocks stacks up to its peers.

The detailed multi-page Analyst report does an even deeper dive on the company's vital statistics. In addition to all of the proprietary analysis in the Snapshot, the report also visually displays the four components of the Zacks Rank (Agreement, Magnitude, Upside and Surprise); provides a comprehensive overview of the company business drivers, complete with earnings and sales charts; a recap of their last earnings report; and a bulleted list of reasons to buy or sell the stock. It also includes an industry comparison table to see how your stock compares to its expanded industry, and the S&P 500.

Researching stocks has never been so easy or insightful as with the ZER Analyst and Snapshot reports.

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Fiscal Year End for Valley National Bancorp falls in the month of December.

All items in Millions except Per Share data.

12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Assets          
Cash & Equivalents 891 948 2,050 1,329 435
Receivables 50,010 46,655 33,891 31,983 29,643
Notes Receivable 0 0 0 0 0
Inventories 31 18 140 301 76
Other Current Assets 0 0 0 0 0
Total Current Assets 50,932 47,621 36,081 33,614 30,154
Net Property & Equipment 381 359 326 320 335
Investments & Advances 5,104 5,151 3,871 3,540 3,944
Other Non-Current Assets 0 0 0 0 0
Deferred Charges 0 0 0 0 0
Intangibles 2,029 2,066 1,529 1,453 1,460
Deposits & Other Assets 2,145 1,959 1,380 1,507 1,258
Total Assets 60,935 57,463 43,446 40,686 37,436
Liabilities & Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Notes Payable 918 139 656 1,148 1,093
Accounts Payable 49,243 47,637 35,632 31,936 29,186
Current Portion Long-Term Debt 0 0 0 0 0
Current Portion Capital Leases 0 0 0 0 0
Accrued Expenses 1,284 1,328 311 382 285
Income Taxes Payable 0 0 0 0 0
Other Current Liabilities 0 0 0 0 0
Total Current Liabilities 51,444 49,103 36,599 33,466 30,564
Mortgages 0 0 0 0 0
Deferred Taxes/Income 0 0 0 0 0
Convertible Debt 0 0 0 0 0
Long-Term Debt 2,385 1,600 1,480 2,352 2,178
Non-Current Capital Leases 0 0 0 0 0
Other Non-Current Liabilities 0 0 0 0 0
Minority Interest (Liabilities) 0 0 0 0 0
Total Liabilities 54,234 51,062 38,362 36,094 33,052
Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Preferred Stock 210 210 210 210 210
Common Stock (Par) 178 178 148 142 141
Capital Surplus 4,990 4,980 3,883 3,637 3,622
Retained Earnings 1,471 1,218 884 611 444
Other Equity -146 -164 -18 -8 -32
Treasury Stock 1 22 23 0 0
Total Shareholder's Equity 6,701 6,401 5,084 4,592 4,384
Total Liabilities & Shareholder's Equity 60,935 57,463 43,446 40,686 37,436
Total Common Equity 6,492 6,191 4,874 4,382 4,175
Shares Outstanding 507.60 506.30 406.70 403.80 331.80
Book Value Per Share 12.79 12.23 11.99 10.85 12.58

Fiscal Year End for Valley National Bancorp falls in the month of December.

All items in Millions except Per Share data.

3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Assets          
Cash & Equivalents -99,999 891 1,144 1,954 5,706
Receivables NA 50,010 49,893 49,667 48,447
Notes Receivable NA 0 0 0 0
Inventories NA 31 34 33 17
Other Current Assets NA 0 0 0 0
Total Current Assets NA 50,932 51,071 51,654 54,170
Net Property & Equipment NA 381 388 387 365
Investments & Advances NA 5,104 5,051 5,067 5,162
Other Non-Current Assets NA 0 0 0 0
Deferred Charges NA 0 0 0 0
Intangibles NA 2,029 2,038 2,047 2,056
Deposits & Other Assets NA 2,145 2,284 2,189 2,254
Total Assets NA 60,935 61,183 61,704 64,310
Liabilities & Shareholders Equity 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Notes Payable NA 918 90 1,089 6,413
Accounts Payable NA 49,243 49,885 49,620 47,591
Current Portion Long-Term Debt NA 0 0 0 0
Current Portion Capital Leases NA 0 0 0 0
Accrued Expenses NA 1,284 1,793 1,498 1,185
Income Taxes Payable NA 0 0 0 0
Other Current Liabilities NA 0 0 0 0
Total Current Liabilities NA 51,444 51,768 52,207 55,188
Mortgages NA 0 0 0 0
Deferred Taxes/Income NA 0 0 0 0
Convertible Debt NA 0 0 0 0
Long-Term Debt NA 2,385 2,375 2,500 2,255
Non-Current Capital Leases NA 0 0 0 0
Other Non-Current Liabilities NA 0 0 0
Minority Interest (Liabilities) NA 0 0 0 0
Total Liabilities NA 54,234 54,556 55,129 57,798
Shareholders Equity 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Preferred Stock NA 210 210 210 210
Common Stock (Par) NA 178 178 178 178
Capital Surplus NA 4,990 4,983 4,975 4,968
Retained Earnings NA 1,471 1,460 1,380 1,301
Other Equity NA -146 -202 -165 -144
Treasury Stock NA 1 2 2 1
Total Shareholder's Equity NA 6,701 6,627 6,575 6,512
Total Liabilities & Shareholder's Equity NA 60,935 61,183 61,704 64,310
Total Common Equity 0 6,492 6,418 6,365 6,302
Shares Outstanding 508.80 507.60 507.60 507.80 507.70
Book Value Per Share 0.00 12.79 12.64 12.54 12.41