VALLEY NATIONAL BANCORP (VLYPP)

Valley National Bancorp is a bank and financial holding company, which engages in the provision of retail and commercial banking services. It operates through the following segments: Commercial Banking, Consumer Banking, and Treasury and Corporate Other. The Commercial Banking segment includes commercial and industrial loans, and commercial real estate loans. The Consumer Banking segment refers to residential mortgage loans, other consumer loans, and wealth management. The Treasury and Corporate Other segment relate to treasury managed held to maturity and available for sale debt securities portfolios. The company was founded in 1927 and is headquartered in Morristown, NJ.

Address

ONE PENN PLAZA
NEW YORK, NY 10119

Founded

1927

Number of Employees

3,749

Buyback

Buyback Data 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Average
$ Amount Purchased
($ in 000s )
$1,688 $3,852 $3,191 $2,645 $5,221 $1,833 $5,413 $28,646 $24,125 $11,477 $8,269 $8,760
Average Price $9.68 $9.95 $9.72 $12.12 $11.83 $10.45 $10.61 $13.48 $13.59 $10.30 $8.88 $11.78
# Shares Purchased 174,440 387,050 328,159 218,187 441,275 175,389 510,285 2,125,209 1,775,193 1,113,956 931,530 743,698
Buyback Performance 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Average
Total Return to Date -17.3% -19.6% -17.7% -34.0% -32.4% -23.5% -24.6% -40.6% -41.1% -22.3% -9.9% -32.1%
S&P 500 Return to Date 181.9% 173.0% 168.6% 129.7% 104.9% 93.1% 74.8% 31.7% 37.3% 31.3% 7.4% 94.0%
Excess Total Return -199.2% -192.6% -186.3% -163.7% -137.2% -116.6% -99.4% -72.3% -78.4% -53.7% -17.3% -126.0%
Quartile Rank
Percentile Rank 26% 26% 24% 21% 20% 22% 17% 18% 16% 17% 24% 22%
Buyback returns calculated using weighted average buyback price over the last 10 years and comparing to current day stock price value. S&P 500 used as benchmark for excess return.

Insider Transactions

Filters

Keyboard Shortcuts: Show (a) | Close (Esc)