Valley National Bancorp operates as the holding company for Valley National Bank that provides various commercial, retail, insurance, and wealth management financial services products. The company operates through Commercial Lending, Consumer Lending, and Investment Management segments. Its deposit products include non-interest bearing, savings, NOW, and money market accounts, as well as time deposits. The company also offers 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; and secured and unsecured other consumer loans. In addition, it invests in securities and interest-bearing deposits with other banks; and offers international banking services, such as standby letters of credit, documentary letters of credit and related products, foreign exchange transactions, documentary collections, and foreign wire transfers services, as well as transaction accounts for non-resident aliens. Further, the company provides investment services for individuals and small to medium sized businesses; and trusts and custom -tailored investment strategies for retirement plans. Additionally, it offers trust services, which comprise living and testamentary trusts, investment management, custodial and escrow services, and estate administration primarily to individuals; property and casualty, life, health, and title insurance agency services; and health care equipment lending and other commercial equipment leasing services, as well as holds real estate related investments. Further, the company offers other banking services comprising automated teller machine, telephone and Internet banking, remote deposit capturing, overdraft, drive-in and night deposit, and safe deposit services. It operates 226 retail banking centers located in New Jersey, New York, Florida, and Alabama. The company was founded in 1927 and is headquartered in New York, New York.
IPO Year:
Exchange: NASDAQ
Website: valley.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
5/21/2025 | $10.00 | Hold | Jefferies |
5/13/2025 | $10.00 | Hold | Truist |
3/24/2025 | $11.00 | Neutral → Overweight | Piper Sandler |
11/11/2024 | $10.50 → $11.00 | Neutral → Overweight | JP Morgan |
10/31/2024 | $9.00 → $10.00 | Underweight → Equal Weight | Barclays |
8/5/2024 | $8.00 → $9.50 | Underweight → Equal-Weight | Morgan Stanley |
5/31/2024 | $8.00 | Outperform → Mkt Perform | Keefe Bruyette |
3/8/2024 | $8.00 | Underweight | Barclays |
12/1/2023 | $9.50 | Neutral | Citigroup |
10/30/2023 | $11.00 → $10.00 | Overweight → Neutral | JP Morgan |
Jefferies initiated coverage of Valley National with a rating of Hold and set a new price target of $10.00
Truist initiated coverage of Valley National with a rating of Hold and set a new price target of $10.00
Piper Sandler upgraded Valley National from Neutral to Overweight and set a new price target of $11.00
JP Morgan upgraded Valley National from Neutral to Overweight and set a new price target of $11.00 from $10.50 previously
Barclays upgraded Valley National from Underweight to Equal Weight and set a new price target of $10.00 from $9.00 previously
Morgan Stanley upgraded Valley National from Underweight to Equal-Weight and set a new price target of $9.50 from $8.00 previously
Keefe Bruyette downgraded Valley National from Outperform to Mkt Perform and set a new price target of $8.00
Barclays initiated coverage of Valley National with a rating of Underweight and set a new price target of $8.00
Citigroup initiated coverage of Valley National with a rating of Neutral and set a new price target of $9.50
JP Morgan downgraded Valley National from Overweight to Neutral and set a new price target of $10.00 from $11.00 previously
8-K - VALLEY NATIONAL BANCORP (0000714310) (Filer)
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8-K - VALLEY NATIONAL BANCORP (0000714310) (Filer)
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DEFA14A - VALLEY NATIONAL BANCORP (0000714310) (Filer)
8-K - VALLEY NATIONAL BANCORP (0000714310) (Filer)
DEFA14A - VALLEY NATIONAL BANCORP (0000714310) (Filer)
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8-K - VALLEY NATIONAL BANCORP (0000714310) (Filer)
8-K - VALLEY NATIONAL BANCORP (0000714310) (Filer)