Valley National Bancorp (VLYPP) Expected to Announce Earnings on Thursday

Valley National Bancorp (NASDAQ:VLYPP) is expected to be releasing its results before the market opens on Thursday, April 23rd. Analysts expect Valley National Bancorp to post earnings of $0.2746 per share and revenue of $531.8940 million for the quarter.

Valley National Bancorp Stock Performance

Shares of VLYPP opened at $25.33 on Tuesday. The firm’s 50-day moving average is $25.10 and its two-hundred day moving average is $25.23. Valley National Bancorp has a twelve month low of $23.34 and a twelve month high of $26.11.

Valley National Bancorp Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, March 30th. Shareholders of record on Friday, March 13th were given a dividend of $0.4873 per share. This represents a $1.95 annualized dividend and a yield of 7.7%. The ex-dividend date was Friday, March 13th.

Valley National Bancorp Company Profile

Valley National Bancorp (NASDAQ: VLYPP) is a bank holding company headquartered in Wayne, New Jersey, whose principal subsidiary, Valley Bank, delivers a full spectrum of financial services. Founded in 1927 as The Bank of Passaic County, the company has grown through strategic acquisitions and organic expansion to become a regional banking franchise. Valley National Bancorp provides commercial and consumer banking services, with offerings that include deposit accounts, business and agricultural lending, residential real estate financing, and treasury management solutions.

In addition to core lending and deposit-taking activities, Valley National Bancorp operates specialized businesses covering mortgage banking, wealth management, and insurance services.