Valley National (VLY) Misses Q4 EPS by 1c

Valley National (NASDAQ: VLY) reported Q4 EPS of $0.21, $0.01 worse than the analyst estimate of $0.22.

Ira Robbins, CEO and President commented, "The progress that Valley and all our associates have made over the course of 2018 is tremendous. We achieved record loan growth, embarked on a multi-year transformation of our delivery channels, and integrated our largest acquisition to date with great success. As I look forward to 2019 and beyond, I am excited to continue our journey of providing the best possible experience and products to the customers and communities we serve. All of the actions we are currently taking are expected to provide positive shareholder value over the long-term."

For earnings history and earnings-related data on Valley National (VLY) click here.

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