Valley National (VLY) Misses Q1 EPS by 1c

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Go back to Valley National (VLY) Misses Q1 EPS by 1c

Valley National Bancorp Reports a 33 Percent Increase in First Quarter Net Income and Strong Net Interest Margin

April 29, 2021 8:00 AM EDT

NEW YORK, April 29, 2021 (GLOBE NEWSWIRE) -- Valley National Bancorp (NASDAQ:VLY), the holding company for Valley National Bank, today reported net income for the first quarter 2021 of $115.7 million, or $0.28 per diluted common share, as compared to the first quarter 2020 earnings of $87.3 million, or $0.21 per diluted common share, and net income of $105.4 million, or $0.25 per diluted common share, for the fourth quarter 2020.

Key financial highlights for the first quarter:

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