Valley National Bancorp (NASDAQ:VLY) Price Target Raised to $16.00

Valley National Bancorp (NASDAQ:VLY) had its target price hoisted by Keefe, Bruyette & Woods from $15.00 to $16.00 in a research report sent to investors on Friday,Benzinga reports. The brokerage currently has a market perform rating on the stock.

Several other brokerages have also commented on VLY. UBS Group set a $17.00 price target on shares of Valley National Bancorp in a research note on Tuesday, July 7th. Piper Sandler boosted their price objective on shares of Valley National Bancorp from $16.00 to $16.50 and gave the stock an “overweight” rating in a research report on Friday, June 26th. Barclays upped their target price on shares of Valley National Bancorp from $14.00 to $15.00 and gave the company an “equal weight” rating in a report on Tuesday, July 7th. Cantor Fitzgerald increased their target price on shares of Valley National Bancorp from $16.00 to $17.00 and gave the company an “overweight” rating in a research report on Wednesday, July 15th. Finally, Hovde Group lifted their price target on shares of Valley National Bancorp from $16.00 to $16.50 and gave the stock an “outperform” rating in a research note on Tuesday, May 26th. Three equities research analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $16.03.

Valley National Bancorp Price Performance

Valley National Bancorp stock opened at $14.34 on Friday. The stock has a market cap of $7.95 billion, a PE ratio of 12.15 and a beta of 1.03. The company has a debt-to-equity ratio of 0.35, a current ratio of 0.96 and a quick ratio of 0.96. The stock’s fifty day moving average is $14.22 and its two-hundred day moving average is $13.24. Valley National Bancorp has a 1-year low of $8.95 and a 1-year high of $15.20.

Valley National Bancorp (NASDAQ:VLY) last released its quarterly earnings data on Thursday, July 23rd. The company reported $0.30 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.31 by ($0.01). Valley National Bancorp had a return on equity of 9.13% and a net margin of 19.49%.The business had revenue of $560.74 million for the quarter, compared to analyst estimates of $557.16 million. During the same period in the prior year, the company posted $0.23 earnings per share. The company’s revenue was up 13.3% compared to the same quarter last year. On average, sell-side analysts expect that Valley National Bancorp will post 1.3 EPS for the current fiscal year.

Valley National Bancorp Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 1st. Stockholders of record on Tuesday, September 15th will be issued a $0.11 dividend. This represents a $0.44 annualized dividend and a dividend yield of 3.1%. The ex-dividend date of this dividend is Tuesday, September 15th. Valley National Bancorp’s dividend payout ratio is presently 37.29%.

Insider Activity

In other news, CAO Mitchell L. Crandell sold 25,495 shares of the firm’s stock in a transaction that occurred on Friday, June 12th. The shares were sold at an average price of $14.63, for a total transaction of $372,991.85. Following the transaction, the chief accounting officer directly owned 76,116 shares in the company, valued at approximately $1,113,577.08. This trade represents a 25.09% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 1.06% of the company’s stock.

Institutional Trading of Valley National Bancorp

Large investors have recently bought and sold shares of the business. Geode Capital Management LLC increased its stake in Valley National Bancorp by 1.9% in the fourth quarter. Geode Capital Management LLC now owns 13,029,085 shares of the company’s stock valued at $152,200,000 after purchasing an additional 247,651 shares during the period. Marshall Wace LLP boosted its stake in shares of Valley National Bancorp by 1,013.8% during the fourth quarter. Marshall Wace LLP now owns 6,831,049 shares of the company’s stock worth $79,787,000 after buying an additional 6,217,716 shares during the period. Norges Bank purchased a new position in shares of Valley National Bancorp during the fourth quarter worth about $71,554,000. AQR Capital Management LLC grew its holdings in shares of Valley National Bancorp by 3.9% during the fourth quarter. AQR Capital Management LLC now owns 6,024,409 shares of the company’s stock worth $70,365,000 after buying an additional 224,996 shares during the last quarter. Finally, UBS Group AG grew its holdings in shares of Valley National Bancorp by 404.7% during the third quarter. UBS Group AG now owns 5,867,611 shares of the company’s stock worth $62,197,000 after buying an additional 4,704,971 shares during the last quarter. Institutional investors and hedge funds own 61.00% of the company’s stock.

Key Headlines Impacting Valley National Bancorp

Here are the key news stories impacting Valley National Bancorp this week:

• Positive Sentiment: JPMorgan Chase & Co. kept an Overweight rating on Valley National Bancorp and trimmed its price target only modestly to $17.00 from $17.50, signaling continued confidence in upside from current levels. JPMorgan price target update
• Positive Sentiment: Keefe, Bruyette & Woods raised its price target to $16.00 from $15.00, suggesting analysts still see room for the shares to recover despite the earnings miss. KBW price target update
• Positive Sentiment: Valley National posted year-over-year revenue growth of 13.3%, helped by stronger net interest income and non-interest income, and provisions were lower, which supports the longer-term earnings outlook. Second quarter 2026 results
• Neutral Sentiment: Adjusted second-quarter EPS came in at $0.30 versus the consensus $0.31, a very small miss that was offset by slightly better-than-expected revenue. Second quarter 2026 results
• Negative Sentiment: The main drag on the stock is that higher expenses kept Valley National from fully beating earnings estimates, limiting enthusiasm around an otherwise solid quarter. Earnings miss analysis

About Valley National Bancorp

Valley National Bancorp (NASDAQ: VLY) is a regional bank holding company headquartered in Wayne, New Jersey, offering a comprehensive suite of commercial and consumer banking products and services. Through its banking subsidiary, Valley National Bank, the company provides deposit accounts, residential and commercial lending, mortgage services, treasury and cash management, foreign exchange and trade finance solutions. Complementary wealth management and insurance offerings round out its financial services platform, catering to individual, small-business and corporate clients.

Tracing its roots to the establishment of Wayne National Bank in 1927, Valley has grown into one of the largest banks in New Jersey by both assets and deposit share.