Valley National Bancorp (NASDAQ:VLY – Get Free Report) had its price objective increased by research analysts at JPMorgan Chase & Co. from $15.50 to $16.00 in a research report issued to clients and investors on Friday, Benzinga reports. The firm presently has an “overweight” rating on the stock. JPMorgan Chase & Co.‘s price objective would indicate a potential upside of 13.83% from the company’s previous close.
Other analysts also recently issued research reports about the company. Royal Bank Of Canada reissued an “outperform” rating and issued a $17.00 price objective on shares of Valley National Bancorp in a research note on Tuesday, September 29th. Morgan Stanley dropped their price objective on shares of Valley National Bancorp from $17.00 to $16.00 and set an “equal weight” rating on the stock in a research note on Monday, September 28th. National Bank Financial set a $15.50 target price on shares of Valley National Bancorp in a research note on Thursday, October 1st. Weiss Ratings upgraded shares of Valley National Bancorp from a “buy (b-)” rating to a “buy (b)” rating in a report on Friday, October 16th. Finally, Piper Sandler upped their price target on shares of Valley National Bancorp from $16.00 to $16.50 and gave the stock an “overweight” rating in a research note on Friday, June 26th. One analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $16.23.
Read Our Latest Research Report on Valley National Bancorp
Valley National Bancorp Trading Up 1.8%
Valley National Bancorp stock traded up $0.25 during trading on Friday, reaching $14.06. The company had a trading volume of 4,005,237 shares, compared to its average volume of 7,123,924. The firm has a market capitalization of $7.77 billion, a price-to-earnings ratio of 11.91 and a beta of 1.07. The stock’s 50 day moving average price is $13.44 and its two-hundred day moving average price is $13.79. Valley National Bancorp has a 12-month low of $10.34 and a 12-month high of $15.20. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.96 and a current ratio of 0.96.
Valley National Bancorp (NASDAQ:VLY – Get Free Report) last posted its earnings results on Thursday, October 22nd. The company reported $0.36 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.33 by $0.03. The firm had revenue of $581.10 million during the quarter, compared to the consensus estimate of $577.82 million. Valley National Bancorp had a net margin of 19.49% and a return on equity of 9.13%. During the same quarter in the prior year, the company earned $0.28 EPS. As a group, equities analysts expect that Valley National Bancorp will post 1.27 earnings per share for the current fiscal year.
Hedge Funds Weigh In On Valley National Bancorp
Several hedge funds and other institutional investors have recently modified their holdings of the stock. Compass Financial Management LLC acquired a new stake in shares of Valley National Bancorp during the 2nd quarter worth about $28,000. Cedar Mountain Advisors LLC acquired a new stake in shares of Valley National Bancorp during the first quarter worth approximately $26,000. Assetmark Inc. raised its stake in shares of Valley National Bancorp by 123.7% in the first quarter. Assetmark Inc. now owns 2,150 shares of the company’s stock valued at $26,000 after acquiring an additional 1,189 shares during the last quarter. Root Financial Partners LLC raised its stake in shares of Valley National Bancorp by 127.3% in the first quarter. Root Financial Partners LLC now owns 3,976 shares of the company’s stock valued at $49,000 after acquiring an additional 2,227 shares during the last quarter. Finally, Parallel Advisors LLC boosted its holdings in shares of Valley National Bancorp by 41.8% in the 1st quarter. Parallel Advisors LLC now owns 6,163 shares of the company’s stock worth $76,000 after acquiring an additional 1,816 shares in the last quarter. Institutional investors own 61.00% of the company’s stock.
Key Valley National Bancorp News
Here are the key news stories impacting Valley National Bancorp this week:
- Positive Sentiment: Valley National reported third-quarter net income of $206.3 million, or $0.36 per diluted share, up from $0.29 in the second quarter and $0.28 a year earlier. EPS exceeded the consensus estimate of $0.33. Valley National Bancorp Announces Third Quarter 2026 Results
- Positive Sentiment: Revenue reached approximately $581.1 million, topping the $577.8 million analyst forecast. Reports described the quarter as delivering roughly 14% year-over-year revenue growth, supporting expectations for improving operating momentum. Valley National Bancorp Delivers 14% Revenue Growth in Q3 2026
- Positive Sentiment: The bank reported a 9.13% return on equity and a 19.49% net margin. Adjusted net income was $206.4 million, indicating that the strong quarter was not materially dependent on unusual items. Valley National Bancorp Reports Record Third-Quarter Profitability
- Positive Sentiment: Valley National also announced its regular quarterly cash dividend, payable January 4, 2027, reinforcing the stock’s income appeal. Valley National Announces Quarterly Cash Dividend
- Neutral Sentiment: The earnings-call transcript and presentation provided additional management commentary and quarterly details, but the reports supplied no major negative surprise or new risk that offset the earnings beat. Valley National Q3 2026 Earnings Call Transcript
About Valley National Bancorp
Valley National Bancorp is the bank holding company for Valley National Bank, a full-service regional bank headquartered in Wayne, New Jersey. The company provides banking and financial services to individuals, businesses, nonprofit organizations and government entities through a network of branches and digital banking channels.
Valley National Bank offers deposit accounts, residential and commercial real estate lending, business loans, consumer loans, mortgage banking, treasury management and other commercial banking services.
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