Alert: New Earnings Report (1/23/25)-Valley National Bancorp (NASDAQ: VLY).

out_logo_500#18611.jpg

Valley National Bancorp (NASDAQ: VLY) has reported earnings for its fourth fiscal quarter (ending December 31) of $0.20 versus $0.13 for the same period a year ago — an increase of 54%. For the latest four quarters through December 31, E.P.S. were $0.70 versus $0.95 for the same period a year ago — a decline of -26%.

Recent Price Action

out_mm#18611.jpg
Valley National Bancorp (NASDAQ: VLY) stock declined slightly by -0.2% on 1/23/25. The stock closed at $9.78. Moreover, trading volume in this decline was unusually high at 176% of normal. The stock has been exceptionally strong relative to the market over the last nine months and has risen 7.4% during the last week.

Current PriceTarget Research Rating

Valley National Bancorp has a current Value Trend Rating of A (Highest Rating). This rating combines highly consistent signals from two proprietary PTR measures of a stock’s attractiveness. Valley National Bancorp has a very high Power Rating of 86 and a very high Appreciation Score of 90, leading to the Highest Value Trend Rating.

Rating Review

In light of this new information we are reviewing our current Overall Rating of A. This review will be completed in the next several days.

Be the first to comment

Leave a Reply

Your email address will not be published.


*