Valley National Bancorp (VLY) 8.84 $VLY
VLY August 19th Options Begin Trading
DividendChannel.com - Mon Jun 20, 9:53AM CDT
Investors in Valley National Bancorp saw new options become available today, for the August 19th expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the VLY options chain for the new August 19th contracts and...
VLY: 8.84 (-0.59)
What Investors are Making of these Banking Stocks? - Valley National Bancorp, Fulton Financial, M&T Bank, and Webster Financial
PR Newswire - Mon Jun 06, 7:10AM CDT
In today's pre-market research, ActiveWallSt.com takes another look at these four Regional Northeast Banks equities: Valley National Bancorp (NYSE: VLY), Fulton Financial Corp. (NASDAQ: FULT), M&T Bank Corp. (NYSE: MTB), and Webster Financial Corp. (NYSE: WBS). Get your free trade alerts on these stocks at:
VLY: 8.84 (-0.59), MTB: 112.64 (-7.78), FULT: 13.22 (-0.89), WBS: 33.77 (-2.37)
Valley National Bancorp Declares Its Regular Quarterly Preferred Stock And Common Stock Dividends
PR Newswire - Thu May 26, 11:05AM CDT
Valley National Bancorp (NYSE:VLY)("Valley"
, the holding company for Valley National Bank, announced today that a preferred stock cash dividend of $0.390625 per share will be paid June 30, 2016 to shareholders of record on June 10, 2016 on its 6.25% Fixed-To-Floating Rate Non-Cumulative Perpetual Preferred Stock Series A.
VLY: 8.84 (-0.59)
Valley National posts 1Q profit
Automated Insights - Wed Apr 27, 7:12AM CDT
WAYNE, N.J. (AP) _ Valley National Bancorp (VLY) on Wednesday reported first-quarter profit of $36.2 million.
VLY: 8.84 (-0.59)
Valley National Bancorp Reports A 19 Percent Increase In First Quarter Net Income, Full Integration Of Its Recent Bank Acquisition And Solid Asset Quality
PR Newswire - Wed Apr 27, 7:00AM CDT
Valley National Bancorp (NYSE: VLY), the holding company for Valley National Bank, today reported net income for the first quarter of 2016 of $36.2 million, or $0.14 per diluted common share as compared to the first quarter of 2015 earnings of $30.3 million, or $0.13 per diluted common share and net income of $4.7 million, or $0.01 per diluted common share, for the fourth quarter of 2015. The fourth quarter of 2015 included a pre-tax loss of $51.1 million on the extinguishment of higher cost debt, as well as other infrequent items.
VLY: 8.84 (-0.59)
Valley National Bancorp To Announce First Quarter 2016 Earnings
PR Newswire - Mon Mar 28, 2:24PM CDT
Valley National Bancorp (NYSE:VLY) ("Valley", the holding company for Valley National Bank, announced that it will release its first quarter 2016 earnings before the market opens on Wednesday, April 27, 2016.
VLY: 8.84 (-0.59)
Valley National Bancorp reports Q4 2015 net income of USD4.7m
M2 - Wed Feb 03, 7:45AM CST
Valley National Bancorp (NYSE: VLY), holding company for Valley National Bank, has reported net income for the fourth quarter of 2015 of USD4.7 million, or USD0.01 per diluted common share, compared to the fourth quarter of 2014 earnings of USD25.1 million, or USD0.11 per diluted common share, the company said. Net income for the year ended December 31, 2015 was USD103.0 million, or USD0.42 per diluted common share, compared to 2014 earnings of USD116.2 million, or USD0.56 per diluted common share. Key financial highlights for the fourth quarter include: On December 1, 2015, Valley completed its acquisition of CNLBancshares, Inc. = and its wholly owned subsidiary, CNLBank, headquartered in Orlando, Florida. CNL had approximately USD1.6 billion in assets, USD825 million in loans and USD1.2 billion in deposits, after purchase accounting adjustments, and a branch network of 16 offices. The CNL acquisition increases Valley's Florida branch network to a total of 36 branches covering most major markets in central and southern Florida. Non-interest income increased USD3.1 million to USD24.0 million for the three months ended December 31, 2015 from USD20.9 million for the third quarter of 2015. In the fourth quarter of 2014, the company sold a Manhattan branch for a pre-tax gain of USD17.8 million and entered into a long-term lease with an unrelated third party for a new nearby location. Non-interest expense increased USD66.2 million to USD174.9 million for the fourth quarter of 2015 from USD108.7 million for the third quarter of 2015. Loans increased USD1.0 billion to approximately USD16.0 billion at December 31, 2015 from September 30, 2015 mainly due to USD812.9 million in acquired loans from CNL that were outstanding at December 31, 2015. Total commercial and industrial loans increased USD139.9 million from September 30, 2015 to approximately USD2.5 billion at December 31, 2015 largely due to USD134.8 million in loans acquired from CNL. Valley National Bancorp is a regional bank holding company headquartered in Wayne, New Jersey with approximately USD21.6 billion in assets. Its principal subsidiary, Valley National Bank, currently operates 227 branch locations serving northern and central New Jersey, the New York City boroughs of Manhattan, Brooklyn, Queens and Long Island, and Florida.
VLY: 8.84 (-0.59)
Upgrade Alert for Valley National Bancorp (VLY)
Comtex SmarTrend(R) - Wed Feb 03, 7:07AM CST
Valley National Bancorp (NYSE:VLY) was upgraded from Neutral to Overweight at Piper Jaffray today. The stock closed yesterday at $8.56 on volume of 3.9 million shares, above average daily volume of 3.6 million. In the past 52 weeks, shares of Valley National Bancorp have traded between a low of $8.31 and a high of $11.24 and closed yesterday at $8.57, which is 3% above that low price. The 200-day and 50-day moving averages have moved 0.11% lower and 1.33% lower over the past week, respectively.
VLY: 8.84 (-0.59)
Valley National Bancorp Reports Higher Net Interest Income And Margin In Its Fourth Quarter Earnings, And Prepaid High Cost Borrowings And Branch "Right-Sizing" To Enhance Future Income
PR Newswire - Wed Jan 27, 6:00AM CST
Valley National Bancorp (NYSE: VLY), the holding company for Valley National Bank, today reported net income for the fourth quarter of 2015 of $4.7 million, or $0.01 per diluted common share as compared to the fourth quarter of 2014 earnings of $25.1 million, or $0.11 per diluted common share. The 2015 fourth quarter earnings included several infrequent items highlighted in the section below, including a previously disclosed $51.1 million loss on the extinguishment of higher cost debt.
VLY: 8.84 (-0.59)
Valley National Bancorp Falls 3.60% on Heavy Volume: Watch For Potential Rebound
Comtex SmarTrend(R) - Mon Jan 25, 5:34PM CST
Valley National Bancorp (NYSE:VLY) traded in a range yesterday that spanned from a low of $8.31 to a high of $8.62. Yesterday, the shares fell 3.6%, which took the trading range below the 3-day low of $8.35 on volume of 2.7 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
VLY: 8.84 (-0.59)
Valley National Bancorp To Announce Fourth Quarter 2015 Earnings
PR Newswire - Wed Dec 30, 9:36AM CST
Valley National Bancorp (NYSE: VLY) ("Valley", the holding company for Valley National Bank, announced that it will release its fourth quarter 2015 earnings before the market opens on Wednesday, January 27, 2016.
VLY: 8.84 (-0.59)
A Change in Tides -- Analyst Notes on Regions Financial, Valley National, Earthlink and Cott Corp.
ACCESSWIRE - Wed Dec 30, 6:55AM CST
NEW YORK, NY / ACCESSWIRE / December 30, 2015 / Moments ago, Trader's Choice released new research updates concerning several important developing situations including the following equities: Regions Financial Corp. (NYSE: RF), Valley National Bancorp. (NYSE: VLY), Earthlink Holdings Corp. (NASDAQ: ELNK) and Cott Corp. (NASDAQ: COT). Trader's Choice has perfected the profitable art of picking stocks, cutting through the noise to deliver the top trade, every year. The full Research Packages are being made available to the public on a complimentary basis.
RF: 8.53 (-0.92), COT: 14.20 (-1.09), VLY: 8.84 (-0.59), ELNK: 6.26 (-0.30)
KBW Announces Index Rebalancing for Fourth-Quarter 2015
BusinessWire - Fri Dec 11, 8:00PM CST
Keefe, Bruyette & Woods, Inc., a full-service, boutique investment bank and broker-dealer that specializes in the financial services sector, and a wholly owned subsidiary of Stifel Financial Corp. (NYSE:SF), announces the upcoming index rebalancing for fourth quarter of 2015.
FSP: 11.65 (-0.35), GHL: 18.27 (-2.01), MHLD: 12.27 (-0.71), TRST: 6.19 (-0.34), HR: 33.82 (+0.20), CSG: 7.74 (+0.26), BOH: 68.10 (-2.88), CFR: 61.86 (-4.79), SUI: 73.04 (+0.77), MITT: 13.94 (-0.14), ANH: 4.67 (+0.02), MFA: 6.99 (-0.19), RESI: 8.91 (-0.22), SIVB: 93.39 (-11.52), AJG: 45.35 (-2.21), CLNY: 16.33 (-0.47), WMC: 9.33 (-0.24), ORI: 18.69 (-0.50), NAVI: 11.67 (-0.68), PRK: 87.66 (-5.96), NPBC: 10.72 (+0.08), IVR: 13.76 (-0.09), RSO: 12.85 (-0.07), AHH: 13.33 (+0.33), NYCB: 14.77 (-0.67), UHT: 55.36 (+0.01), IRT: 7.66 (-0.05), FNFG: 9.73 (-0.61), NNN: 48.58 (+1.19), KRG: 26.83 (-0.04), OFC: 28.36 (+0.22), AHT: 5.43 (-0.15), VLY: 8.84 (-0.59), NRZ: 13.07 (-0.30), GLPI: 34.30 (-0.13), UMPQ: 15.32 (-0.99), STWD: 20.48 (-0.26), VIRT: 17.73 (+0.06), WPG: 10.68 (-0.31), GEO: 33.55 (-0.32), APTS: 14.11 (+0.17), VER: 9.79 (-0.02), GNL: 7.88 (-0.41), UBA: 23.59 (+0.36), MNR: 12.91 (-0.04), AI: 13.56 (-0.17), AIG: 50.72 (-3.99), ADC: 45.51 (+0.55), HIW: 49.98 (-0.15), PEI: 20.80 (-0.46), SAFT: 61.43 (-1.06), BX: 24.47 (-1.41), OLP: 23.40 (-0.24), PACW: 38.05 (-3.36), DCOM: 17.00 (-0.82), CLI: 26.64 (-0.93), UBNK: 12.90 (-0.55), WSR: 14.97 (+0.02), FNB: 12.31 (-0.93), SRC: 12.21 (+0.31), OZRK: 35.93 (-3.25), FMER: 19.76 (-1.42), PMT: 15.94 (-0.06), INN: 12.40 (-0.48), SNR: 10.35 (-0.11), ARR: 19.00 (-0.11), BDN: 16.01 (-0.07), CCP: 25.50 (+0.27), CHCO: 44.87 (-3.38), WDR: 17.39 (-1.63), CHCT: 19.84 (-0.68), RPT: 18.43 (+0.03), SF: 32.55 (-3.79), APAM: 28.88 (-2.02), HCN: 72.49 (-0.55), HPT: 27.17 (-0.40), UBSI: 36.43 (-2.19), CMO: 9.63 (-0.04), NLY: 10.89 (+0.13), WRE: 29.99 (-0.10), IRET: 6.36 (-0.01), CIM: 15.77 (+0.17), CXW: 34.39 (-0.31), GOOD: 16.83 (-0.09), OHI: 32.61 (+0.15), LPT: 38.61 (-0.76), FPO: 9.16 (-0.22), NSAM: 10.75 (-0.23), AMTG: 13.56 (-0.11)
Valley National Bancorp declares quarterly common, preferred stock dividends
M2 - Thu Dec 03, 6:47AM CST
Valley National Bancorp (NYSE: VLY), holding company for Valley National Bank, said it has declared a preferred stock cash dividend of USD0.390625 to be paid December 30, 2015 to shareholders of record on December 11, 2015 on its 6.25 percent fixed-to-floating rate non-cumulative perpetual preferred stock Series A. Valley also announced that a common stock cash dividend of USD0.11 per share will be paid January 4, 2016 to shareholders of record on December 15, 2015. The dividend amount per share was unchanged as compared to the previous quarterly common cash dividend. Valley National Bancorp is a regional bank holding company headquartered in Wayne, New Jersey with over USD19 billion in assets.
VLY: 8.84 (-0.59)
Valley National Closes CNL Merger, Stays Positive on Florida
Zacks Equity Research - Zacks Investment Research - Wed Dec 02, 2:05PM CST
Valley National closed the merger of Orlando-based CNLBancshares, Inc. for nearly $277 million. Moreover, the transaction is expected to be accretive to the company's earnings within the next 12 months
FXCB: 20.62 (-0.11), VLY: 8.84 (-0.59), BNCL: 12.90 (-0.58), MBCN: 31.75 (-0.71)
Valley National Bancorp Completes Its Merger Of CNLBancshares, Inc.
PR Newswire - Tue Dec 01, 5:30AM CST
Valley National Bancorp (NYSE: VLY) ("Valley", the holding company of Valley National Bank, announced that its merger with CNLBancshares, Inc. ("CNL" (OTC Pink: CNLB) was completed effective December 1, 2015.
VLY: 8.84 (-0.59)
Valley National Bancorp Reports Increase In Third Quarter Net Income, And Subsequent Prepayment Of High Cost Borrowings
PR Newswire - Wed Oct 28, 5:59AM CDT
Valley National Bancorp (NYSE: VLY), the holding company for Valley National Bank, today reported net income for the third quarter of 2015 of $36.0 million, or $0.15 per diluted common share as compared to net income of $32.0 million, or $0.14 per diluted common share, for the second quarter of 2015 and the third quarter of 2014 earnings of $27.7 million, or $0.14 per diluted common share. Additionally, Valley reported that it prepaid $795 million of high cost borrowings in October 2015. See more details under the "Borrowings Strategy" section below.
VLY: 8.84 (-0.59)
Valley National Bancorp Receives Regulatory and Shareholder Approval for the Acquisition of CNLBancshares, Inc.
PR Newswire - Fri Oct 23, 1:55PM CDT
Valley National Bancorp (NYSE:VLY) ("Valley" and CNLBancshares, Inc. ("CNLBancshares" (OTC Pink: CNLB) jointly announced today that all regulatory and shareholder approvals necessary to complete the previously announced merger of CNLBancshares with and into Valley have been received. The common shareholders of CNLBancshares will receive 0.75 of a share of Valley common stock for each CNLBancshares share they own, subject to adjustment in the event Valley's average stock price falls below $8.80 or rises above $10.13 prior to closing. The transaction closing is anticipated in December 2015.
VLY: 8.84 (-0.59)
VLY August 19th Options Begin Trading
DividendChannel.com - Mon Jun 20, 9:53AM CDT
Investors in Valley National Bancorp saw new options become available today, for the August 19th expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the VLY options chain for the new August 19th contracts and...
VLY: 8.84 (-0.59)
What Investors are Making of these Banking Stocks? - Valley National Bancorp, Fulton Financial, M&T Bank, and Webster Financial
PR Newswire - Mon Jun 06, 7:10AM CDT
In today's pre-market research, ActiveWallSt.com takes another look at these four Regional Northeast Banks equities: Valley National Bancorp (NYSE: VLY), Fulton Financial Corp. (NASDAQ: FULT), M&T Bank Corp. (NYSE: MTB), and Webster Financial Corp. (NYSE: WBS). Get your free trade alerts on these stocks at:
VLY: 8.84 (-0.59), MTB: 112.64 (-7.78), FULT: 13.22 (-0.89), WBS: 33.77 (-2.37)
Valley National Bancorp Declares Its Regular Quarterly Preferred Stock And Common Stock Dividends
PR Newswire - Thu May 26, 11:05AM CDT
Valley National Bancorp (NYSE:VLY)("Valley"
, the holding company for Valley National Bank, announced today that a preferred stock cash dividend of $0.390625 per share will be paid June 30, 2016 to shareholders of record on June 10, 2016 on its 6.25% Fixed-To-Floating Rate Non-Cumulative Perpetual Preferred Stock Series A. VLY: 8.84 (-0.59)
Valley National posts 1Q profit
Automated Insights - Wed Apr 27, 7:12AM CDT
WAYNE, N.J. (AP) _ Valley National Bancorp (VLY) on Wednesday reported first-quarter profit of $36.2 million.
VLY: 8.84 (-0.59)
Valley National Bancorp Reports A 19 Percent Increase In First Quarter Net Income, Full Integration Of Its Recent Bank Acquisition And Solid Asset Quality
PR Newswire - Wed Apr 27, 7:00AM CDT
Valley National Bancorp (NYSE: VLY), the holding company for Valley National Bank, today reported net income for the first quarter of 2016 of $36.2 million, or $0.14 per diluted common share as compared to the first quarter of 2015 earnings of $30.3 million, or $0.13 per diluted common share and net income of $4.7 million, or $0.01 per diluted common share, for the fourth quarter of 2015. The fourth quarter of 2015 included a pre-tax loss of $51.1 million on the extinguishment of higher cost debt, as well as other infrequent items.
VLY: 8.84 (-0.59)
Valley National Bancorp To Announce First Quarter 2016 Earnings
PR Newswire - Mon Mar 28, 2:24PM CDT
Valley National Bancorp (NYSE:VLY) ("Valley"
, the holding company for Valley National Bank, announced that it will release its first quarter 2016 earnings before the market opens on Wednesday, April 27, 2016. VLY: 8.84 (-0.59)
Valley National Bancorp reports Q4 2015 net income of USD4.7m
M2 - Wed Feb 03, 7:45AM CST
Valley National Bancorp (NYSE: VLY), holding company for Valley National Bank, has reported net income for the fourth quarter of 2015 of USD4.7 million, or USD0.01 per diluted common share, compared to the fourth quarter of 2014 earnings of USD25.1 million, or USD0.11 per diluted common share, the company said. Net income for the year ended December 31, 2015 was USD103.0 million, or USD0.42 per diluted common share, compared to 2014 earnings of USD116.2 million, or USD0.56 per diluted common share. Key financial highlights for the fourth quarter include: On December 1, 2015, Valley completed its acquisition of CNLBancshares, Inc. = and its wholly owned subsidiary, CNLBank, headquartered in Orlando, Florida. CNL had approximately USD1.6 billion in assets, USD825 million in loans and USD1.2 billion in deposits, after purchase accounting adjustments, and a branch network of 16 offices. The CNL acquisition increases Valley's Florida branch network to a total of 36 branches covering most major markets in central and southern Florida. Non-interest income increased USD3.1 million to USD24.0 million for the three months ended December 31, 2015 from USD20.9 million for the third quarter of 2015. In the fourth quarter of 2014, the company sold a Manhattan branch for a pre-tax gain of USD17.8 million and entered into a long-term lease with an unrelated third party for a new nearby location. Non-interest expense increased USD66.2 million to USD174.9 million for the fourth quarter of 2015 from USD108.7 million for the third quarter of 2015. Loans increased USD1.0 billion to approximately USD16.0 billion at December 31, 2015 from September 30, 2015 mainly due to USD812.9 million in acquired loans from CNL that were outstanding at December 31, 2015. Total commercial and industrial loans increased USD139.9 million from September 30, 2015 to approximately USD2.5 billion at December 31, 2015 largely due to USD134.8 million in loans acquired from CNL. Valley National Bancorp is a regional bank holding company headquartered in Wayne, New Jersey with approximately USD21.6 billion in assets. Its principal subsidiary, Valley National Bank, currently operates 227 branch locations serving northern and central New Jersey, the New York City boroughs of Manhattan, Brooklyn, Queens and Long Island, and Florida.
VLY: 8.84 (-0.59)
Upgrade Alert for Valley National Bancorp (VLY)
Comtex SmarTrend(R) - Wed Feb 03, 7:07AM CST
Valley National Bancorp (NYSE:VLY) was upgraded from Neutral to Overweight at Piper Jaffray today. The stock closed yesterday at $8.56 on volume of 3.9 million shares, above average daily volume of 3.6 million. In the past 52 weeks, shares of Valley National Bancorp have traded between a low of $8.31 and a high of $11.24 and closed yesterday at $8.57, which is 3% above that low price. The 200-day and 50-day moving averages have moved 0.11% lower and 1.33% lower over the past week, respectively.
VLY: 8.84 (-0.59)
Valley National Bancorp Reports Higher Net Interest Income And Margin In Its Fourth Quarter Earnings, And Prepaid High Cost Borrowings And Branch "Right-Sizing" To Enhance Future Income
PR Newswire - Wed Jan 27, 6:00AM CST
Valley National Bancorp (NYSE: VLY), the holding company for Valley National Bank, today reported net income for the fourth quarter of 2015 of $4.7 million, or $0.01 per diluted common share as compared to the fourth quarter of 2014 earnings of $25.1 million, or $0.11 per diluted common share. The 2015 fourth quarter earnings included several infrequent items highlighted in the section below, including a previously disclosed $51.1 million loss on the extinguishment of higher cost debt.
VLY: 8.84 (-0.59)
Valley National Bancorp Falls 3.60% on Heavy Volume: Watch For Potential Rebound
Comtex SmarTrend(R) - Mon Jan 25, 5:34PM CST
Valley National Bancorp (NYSE:VLY) traded in a range yesterday that spanned from a low of $8.31 to a high of $8.62. Yesterday, the shares fell 3.6%, which took the trading range below the 3-day low of $8.35 on volume of 2.7 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
VLY: 8.84 (-0.59)
Valley National Bancorp To Announce Fourth Quarter 2015 Earnings
PR Newswire - Wed Dec 30, 9:36AM CST
Valley National Bancorp (NYSE: VLY) ("Valley"
, the holding company for Valley National Bank, announced that it will release its fourth quarter 2015 earnings before the market opens on Wednesday, January 27, 2016. VLY: 8.84 (-0.59)
A Change in Tides -- Analyst Notes on Regions Financial, Valley National, Earthlink and Cott Corp.
ACCESSWIRE - Wed Dec 30, 6:55AM CST
NEW YORK, NY / ACCESSWIRE / December 30, 2015 / Moments ago, Trader's Choice released new research updates concerning several important developing situations including the following equities: Regions Financial Corp. (NYSE: RF), Valley National Bancorp. (NYSE: VLY), Earthlink Holdings Corp. (NASDAQ: ELNK) and Cott Corp. (NASDAQ: COT). Trader's Choice has perfected the profitable art of picking stocks, cutting through the noise to deliver the top trade, every year. The full Research Packages are being made available to the public on a complimentary basis.
RF: 8.53 (-0.92), COT: 14.20 (-1.09), VLY: 8.84 (-0.59), ELNK: 6.26 (-0.30)
KBW Announces Index Rebalancing for Fourth-Quarter 2015
BusinessWire - Fri Dec 11, 8:00PM CST
Keefe, Bruyette & Woods, Inc., a full-service, boutique investment bank and broker-dealer that specializes in the financial services sector, and a wholly owned subsidiary of Stifel Financial Corp. (NYSE:SF), announces the upcoming index rebalancing for fourth quarter of 2015.
FSP: 11.65 (-0.35), GHL: 18.27 (-2.01), MHLD: 12.27 (-0.71), TRST: 6.19 (-0.34), HR: 33.82 (+0.20), CSG: 7.74 (+0.26), BOH: 68.10 (-2.88), CFR: 61.86 (-4.79), SUI: 73.04 (+0.77), MITT: 13.94 (-0.14), ANH: 4.67 (+0.02), MFA: 6.99 (-0.19), RESI: 8.91 (-0.22), SIVB: 93.39 (-11.52), AJG: 45.35 (-2.21), CLNY: 16.33 (-0.47), WMC: 9.33 (-0.24), ORI: 18.69 (-0.50), NAVI: 11.67 (-0.68), PRK: 87.66 (-5.96), NPBC: 10.72 (+0.08), IVR: 13.76 (-0.09), RSO: 12.85 (-0.07), AHH: 13.33 (+0.33), NYCB: 14.77 (-0.67), UHT: 55.36 (+0.01), IRT: 7.66 (-0.05), FNFG: 9.73 (-0.61), NNN: 48.58 (+1.19), KRG: 26.83 (-0.04), OFC: 28.36 (+0.22), AHT: 5.43 (-0.15), VLY: 8.84 (-0.59), NRZ: 13.07 (-0.30), GLPI: 34.30 (-0.13), UMPQ: 15.32 (-0.99), STWD: 20.48 (-0.26), VIRT: 17.73 (+0.06), WPG: 10.68 (-0.31), GEO: 33.55 (-0.32), APTS: 14.11 (+0.17), VER: 9.79 (-0.02), GNL: 7.88 (-0.41), UBA: 23.59 (+0.36), MNR: 12.91 (-0.04), AI: 13.56 (-0.17), AIG: 50.72 (-3.99), ADC: 45.51 (+0.55), HIW: 49.98 (-0.15), PEI: 20.80 (-0.46), SAFT: 61.43 (-1.06), BX: 24.47 (-1.41), OLP: 23.40 (-0.24), PACW: 38.05 (-3.36), DCOM: 17.00 (-0.82), CLI: 26.64 (-0.93), UBNK: 12.90 (-0.55), WSR: 14.97 (+0.02), FNB: 12.31 (-0.93), SRC: 12.21 (+0.31), OZRK: 35.93 (-3.25), FMER: 19.76 (-1.42), PMT: 15.94 (-0.06), INN: 12.40 (-0.48), SNR: 10.35 (-0.11), ARR: 19.00 (-0.11), BDN: 16.01 (-0.07), CCP: 25.50 (+0.27), CHCO: 44.87 (-3.38), WDR: 17.39 (-1.63), CHCT: 19.84 (-0.68), RPT: 18.43 (+0.03), SF: 32.55 (-3.79), APAM: 28.88 (-2.02), HCN: 72.49 (-0.55), HPT: 27.17 (-0.40), UBSI: 36.43 (-2.19), CMO: 9.63 (-0.04), NLY: 10.89 (+0.13), WRE: 29.99 (-0.10), IRET: 6.36 (-0.01), CIM: 15.77 (+0.17), CXW: 34.39 (-0.31), GOOD: 16.83 (-0.09), OHI: 32.61 (+0.15), LPT: 38.61 (-0.76), FPO: 9.16 (-0.22), NSAM: 10.75 (-0.23), AMTG: 13.56 (-0.11)
Valley National Bancorp declares quarterly common, preferred stock dividends
M2 - Thu Dec 03, 6:47AM CST
Valley National Bancorp (NYSE: VLY), holding company for Valley National Bank, said it has declared a preferred stock cash dividend of USD0.390625 to be paid December 30, 2015 to shareholders of record on December 11, 2015 on its 6.25 percent fixed-to-floating rate non-cumulative perpetual preferred stock Series A. Valley also announced that a common stock cash dividend of USD0.11 per share will be paid January 4, 2016 to shareholders of record on December 15, 2015. The dividend amount per share was unchanged as compared to the previous quarterly common cash dividend. Valley National Bancorp is a regional bank holding company headquartered in Wayne, New Jersey with over USD19 billion in assets.
VLY: 8.84 (-0.59)
Valley National Closes CNL Merger, Stays Positive on Florida
Zacks Equity Research - Zacks Investment Research - Wed Dec 02, 2:05PM CST
Valley National closed the merger of Orlando-based CNLBancshares, Inc. for nearly $277 million. Moreover, the transaction is expected to be accretive to the company's earnings within the next 12 months
FXCB: 20.62 (-0.11), VLY: 8.84 (-0.59), BNCL: 12.90 (-0.58), MBCN: 31.75 (-0.71)
Valley National Bancorp Completes Its Merger Of CNLBancshares, Inc.
PR Newswire - Tue Dec 01, 5:30AM CST
Valley National Bancorp (NYSE: VLY) ("Valley"
, the holding company of Valley National Bank, announced that its merger with CNLBancshares, Inc. ("CNL" (OTC Pink: CNLB) was completed effective December 1, 2015. VLY: 8.84 (-0.59)
Valley National Bancorp Reports Increase In Third Quarter Net Income, And Subsequent Prepayment Of High Cost Borrowings
PR Newswire - Wed Oct 28, 5:59AM CDT
Valley National Bancorp (NYSE: VLY), the holding company for Valley National Bank, today reported net income for the third quarter of 2015 of $36.0 million, or $0.15 per diluted common share as compared to net income of $32.0 million, or $0.14 per diluted common share, for the second quarter of 2015 and the third quarter of 2014 earnings of $27.7 million, or $0.14 per diluted common share. Additionally, Valley reported that it prepaid $795 million of high cost borrowings in October 2015. See more details under the "Borrowings Strategy" section below.
VLY: 8.84 (-0.59)
Valley National Bancorp Receives Regulatory and Shareholder Approval for the Acquisition of CNLBancshares, Inc.
PR Newswire - Fri Oct 23, 1:55PM CDT
Valley National Bancorp (NYSE:VLY) ("Valley"
and CNLBancshares, Inc. ("CNLBancshares" (OTC Pink: CNLB) jointly announced today that all regulatory and shareholder approvals necessary to complete the previously announced merger of CNLBancshares with and into Valley have been received. The common shareholders of CNLBancshares will receive 0.75 of a share of Valley common stock for each CNLBancshares share they own, subject to adjustment in the event Valley's average stock price falls below $8.80 or rises above $10.13 prior to closing. The transaction closing is anticipated in December 2015. VLY: 8.84 (-0.59)
