Valley National Bancorp (VLYPP) Projected to Release Earnings on Thursday

Valley National Bancorp (NASDAQ:VLYPP) is anticipated to issue its resultson Thursday, July 23rd. Analysts expect Valley National Bancorp to announce earnings of $0.3088 per share and revenue of $557.16 million for the quarter.

Valley National Bancorp Price Performance

VLYPP opened at $24.91 on Thursday. The business’s fifty day simple moving average is $24.97 and its 200 day simple moving average is $25.10. Valley National Bancorp has a 52 week low of $24.42 and a 52 week high of $26.11.

Valley National Bancorp Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th were paid a $0.4991 dividend. This is a positive change from Valley National Bancorp’s previous quarterly dividend of $0.49. The ex-dividend date of this dividend was Monday, June 15th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 8.0%.

About Valley National Bancorp

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.