Valley National Bancorp Reports Higher Net Interest Income And Margin In Its Fourth Quarter Earnings, And Prepaid High Cost Borrowings And Branch "Right-Sizing" To Enhance Future Income

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Go back to Valley National Bancorp Reports Higher Net Interest Income And Margin In Its Fourth Quarter Earnings, And Prepaid High Cost Borrowings And Branch "Right-Sizing" To Enhance Future Income

Sandler O'Neill Upgrades Valley National Bancorp (VLY) to Buy

January 29, 2016 9:24 AM EST

Sandler O'Neill upgraded Valley National Bancorp (NYSE: VLY) from Hold to Buy with a price target of $10.00.

For an analyst ratings summary and ratings history on Valley National Bancorp click here. For more ratings news on Valley National Bancorp click here.

Shares of Valley National Bancorp closed at $8.51 yesterday.

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Valley National (VLY) Posts Q4 EPS of 1c

January 27, 2016 7:06 AM EST

Valley National (NYSE: VLY) reported Q4 EPS of $0.01, $0.14 worse than the analyst estimate of $0.15.

The 2015 fourth quarter earnings included several infrequent items highlighted in the section below, including a previously disclosed $51.1 million loss on the extinguishment of higher cost debt.

For earnings... More