Valley National Bancorp Statistics
Total Valuation
VLY has a market cap or net worth of $4.01 billion. The enterprise value is $6.88 billion.
| Market Cap | 4.01B |
| Enterprise Value | 6.88B |
Important Dates
The last earnings date was Thursday, April 25, 2024, before market open.
| Earnings Date | Apr 25, 2024 |
| Ex-Dividend Date | Mar 13, 2024 |
Share Statistics
VLY has 509.18 million shares outstanding. The number of shares has increased by 0.19% in one year.
| Shares Outstanding | 509.18M |
| Shares Change (YoY) | +0.19% |
| Shares Change (QoQ) | +0.25% |
| Owned by Insiders (%) | 1.46% |
| Owned by Institutions (%) | 79.31% |
| Float | 501.35M |
Valuation Ratios
The trailing PE ratio is 9.20 and the forward PE ratio is 7.90. VLY's PEG ratio is 3.32.
| PE Ratio | 9.20 |
| Forward PE | 7.90 |
| PS Ratio | 2.27 |
| Forward PS | 2.02 |
| PB Ratio | 0.60 |
| P/FCF Ratio | 5.70 |
| PEG Ratio | 3.32 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 10.64, with an EV/FCF ratio of 9.73.
| EV / Earnings | 15.93 |
| EV / Sales | 3.88 |
| EV / EBITDA | 10.64 |
| EV / EBIT | 11.39 |
| EV / FCF | 9.73 |
Financial Position
| Current Ratio | n/a |
| Quick Ratio | n/a |
| Debt / Equity | 0.56 |
| Debt / EBITDA | 5.86 |
| Debt / FCF | 5.36 |
| Interest Coverage | n/a |
Financial Efficiency
Return on equity (ROE) is 6.50% and return on invested capital (ROIC) is 4.26%.
| Return on Equity (ROE) | 6.50% |
| Return on Assets (ROA) | 0.70% |
| Return on Capital (ROIC) | 4.26% |
| Revenue Per Employee | $473,434 |
| Profits Per Employee | $115,193 |
| Employee Count | 3,749 |
| Asset Turnover | 0.03 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, VLY has paid $155.83 million in taxes.
| Income Tax | 155.83M |
| Effective Tax Rate | 26.52% |
Stock Price Statistics
The stock price has increased by +4.24% in the last 52 weeks. The beta is 1.12, so VLY's price volatility has been higher than the market average.
| Beta (1Y) | 1.12 |
| 52-Week Price Change | +4.24% |
| 50-Day Moving Average | 7.66 |
| 200-Day Moving Average | 8.73 |
| Relative Strength Index (RSI) | 54.44 |
| Average Volume (30 Days) | 6,003,295 |
Short Selling Information
The latest short interest is 36.28 million, so 7.12% of the outstanding shares have been sold short.
| Short Interest | 36.28M |
| Short Previous Month | 39.32M |
| Short % of Shares Out | 7.12% |
| Short % of Float | 7.24% |
| Short Ratio (days to cover) | 6.25 |
Income Statement
In the last 12 months, VLY had revenue of $1.77 billion and earned $431.86 million in profits. Earnings per share was $0.86.
| Revenue | 1.77B |
| Gross Profit | 1.77B |
| Operating Income | 604.07M |
| Pretax Income | 604.07M |
| Net Income | 431.86M |
| EBITDA | 646.79M |
| EBIT | 604.07M |
| Earnings Per Share (EPS) | $0.86 |
Balance Sheet
The company has $940.83 million in cash and $3.79 billion in debt, giving a net cash position of -$2.85 billion or -$5.60 per share.
| Cash & Cash Equivalents | 940.83M |
| Total Debt | 3.79B |
| Net Cash | -2.85B |
| Net Cash Per Share | -$5.60 |
| Equity / Book Value | 6.73B |
| Book Value Per Share | 13.21 |
| Working Capital | n/a |
Cash Flow
In the last 12 months, operating cash flow was $747.39 million and capital expenditures -$40.39 million, giving a free cash flow of $707.00 million.
| Operating Cash Flow | 747.39M |
| Capital Expenditures | -40.39M |
| Free Cash Flow | 707.00M |
| FCF Per Share | $1.39 |
Margins
Gross margin is 100.00%, with operating and profit margins of 34.03% and 24.33%.
| Gross Margin | 100.00% |
| Operating Margin | 34.03% |
| Pretax Margin | 34.03% |
| Profit Margin | 24.33% |
| EBITDA Margin | 36.44% |
| EBIT Margin | 34.03% |
| FCF Margin | 39.83% |
Dividends & Yields
This stock pays an annual dividend of $0.44, which amounts to a dividend yield of 5.59%.
| Dividend Per Share | $0.44 |
| Dividend Yield | 5.59% |
| Dividend Growth (YoY) | n/a |
| Years of Dividend Growth | n/a |
| Payout Ratio | 51.16% |
| Buyback Yield | -0.19% |
| Shareholder Yield | 5.37% |
| Earnings Yield | 10.72% |
| FCF Yield | 17.54% |
Analyst Forecast
The average price target for VLY is $9.06, which is 15.19% higher than the current price. The consensus rating is "Hold".
| Price Target | $9.06 |
| Price Target Difference | 15.19% |
| Analyst Consensus | Hold |
| Analyst Count | 9 |
| Revenue Growth Forecast (5Y) | n/a |
| EPS Growth Forecast (5Y) | n/a |
Stock Splits
The last stock split was on May 9, 2012. It was a forward split with a ratio of 105:100.
| Last Split Date | May 9, 2012 |
| Split Type | Forward |
| Split Ratio | 105:100 |
Scores
| Altman Z-Score | n/a |
| Piotroski F-Score | 4 |