Valley National Bancorp is a bank and financial holding company, which engages in the provision of retail and commercial banking services. The company is headquartered in New York City, New York and currently employs 3,732 full-time employees. The Company’s principal subsidiary is Valley National Bank. Its segments include Consumer Banking, Commercial Banking and Treasury and Corporate Other. The Consumer Banking comprises residential mortgages and automobile loans, and to a lesser extent, secured personal lines of credit, home equity loans and other consumer loans. Consumer Banking also includes the wealth management and insurance services division, comprised of asset management advisory, brokerage, trust, personal and title insurance, tax credit advisory services, and international and domestic private banking businesses. The Commercial Banking comprises floating rate and adjustable rate commercial and industrial loans and construction loans, and adjustable and fixed-rate owner-occupied and commercial real estate loans. The company also offers niche financial services, including loan and deposit products for homeowners’ associations and others.
Follow-Up Questions
What is Valley National Bancorp (VLY)'s P/E Ratio?
The P/E ratio of Valley National Bancorp is 15.8524
What is the price performance of VLY stock?
The current price of VLY is $10.03, it has decreased 4.97% in the last trading day.
What are the primary business themes or industries for Valley National Bancorp?
Valley National Bancorp belongs to Banking industry and the sector is Financials
What is Valley National Bancorp market cap?
Valley National Bancorp's current market cap is $5.6B
Is Valley National Bancorp a buy, sell, or hold?
According to wall street analysts, 13 analysts have made analyst ratings for Valley National Bancorp, including 3 strong buy, 5 buy, 7 hold, 0 sell, and 3 strong sell
