Edition:
United States

Valley National Bancorp (VLY)

VLY on New York Consolidated

11.53USD
25 Sep 2017
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Latest Key Developments (Source: Significant Developments)

Valley National Bancorp announces pricing of its common stock offering
Friday, 9 Dec 2016 08:30am EST 

Valley National Bancorp : Says announced that it priced 8,400,000 shares of its common stock .Valley National Bancorp announces pricing of its common stock offering.  Full Article

Valley National Bancorp reports $405 mln debt modification
Tuesday, 9 Aug 2016 04:36pm EDT 

Valley National Bancorp : Valley national bancorp reports a $405 million debt modification and other long-term borrowing cost enhancements . Debt transactions will result in pre-tax interest expense savings of approximately $4.8 million on an annualized basis . Valley terminated a fair value interest rate swap with a notional amount of $125 million in august 2016 .Prepayment penalties will not result in a loss charged to earnings in q3 of 2016.  Full Article

Valley National Bancorp Q2 earnings per share $0.15
Wednesday, 27 Jul 2016 08:00am EDT 

Valley National Bancorp : Q2 earnings per share view $0.16 -- Thomson Reuters I/B/E/S . Net interest income of $151.5 million for three months ended June 30, 2016 increased $3.3 million as compared to q1 of 2016 . Net interest margin on tax equivalent basis of 3.14 percent for q2 of 2016 increased 6 basis points from q1 of 2016 .Valley national bancorp reports a 16 percent increase in second quarter net income, solid loan growth and asset quality.  Full Article