Valley National Bancorp (NYSE:VLY) had declared a cash dividend of $0.1100 on Nov 17, 2016. The shares will quote ex-dividend on Dec 13, 2016 and the record date has been fixed for Dec 15, 2016. On Nov 17, 2016 share price, the yield comes out to be 3.9391%. The dividend payable date has been fixed on Jan 3, 2017.
Valley National Bancorp (VLY) made into the market gainers list on Mondays trading session with the shares advancing 0.72% or 0.08 points. Due to strong positive momentum, the stock ended at $11.25, which is also near the day’s high of $11.32. The stock began the session at $11.19 and the volume stood at 17,17,703 shares. The 52-week high of the shares is $11.38 and the 52 week low is $8.31. The company has a current market capitalization of $2,863 M and it has 25,45,29,720 shares in outstanding.
Valley National Bancorp(VLY) last announced its earnings results on Oct 26, 2016 for Fiscal Year 2016 and Q3.Company reported revenue of $179.00M. Analysts had an estimated revenue of $178.45M. Earnings per share were $0.16. Analysts had estimated an EPS of $0.16.
Several Insider Transactions has been reported to the SEC. On Jun 15, 2016, Mary Guilfoile (director) sold 10,000 shares at $9.11 per share price.Also, On May 26, 2016, Peter P Crocitto (Senior EVP & COO, Director) sold 3,175 shares at $9.44 per share price.On Jun 25, 2015, Ira Robbins (EVP – Treasurer) purchased 800 shares at $25.05 per share price, according to the Form-4 filing with the securities and exchange commission.
Valley National Bancorp (Valley) is a bank holding company. The Company operates through its subsidiary Valley National Bank (Bank). The Bank operates in four segments: commercial lending consumer lending investment management and corporate and other adjustments. Its Wealth Management Division is consisted of trust asset management and insurance services. It provides a range of commercial retail insurance and wealth management financial services products. It provides various banking services including automated teller machines telephone and Internet banking remote deposit capture and deposit facilities. It also provides international banking services to customers including letters of credit documentary letters of credit and related products. It operates approximately 211 branch locations serving over 24 counties throughout northern and central New Jersey the New York City boroughs of Manhattan Brooklyn Queens and Long Island and Florida.