Valley National Bancorp (VLYPO) to Post Quarterly Earnings on Thursday

Valley National Bancorp (NASDAQ:VLYPO) is expected to release its resultson Thursday, July 23rd. Analysts expect Valley National Bancorp to announce earnings of $0.3088 per share and revenue of $557.16 million for the quarter.

Valley National Bancorp Price Performance

Shares of VLYPO opened at $24.90 on Wednesday. The company has a 50 day moving average price of $24.91 and a 200-day moving average price of $24.97. Valley National Bancorp has a fifty-two week low of $24.10 and a fifty-two week high of $25.74.

Valley National Bancorp Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Monday, June 15th were paid a $0.4817 dividend. This represents a $1.93 dividend on an annualized basis and a yield of 7.7%. This is a positive change from Valley National Bancorp’s previous quarterly dividend of $0.47. The ex-dividend date of this dividend was Monday, June 15th.

Valley National Bancorp Company Profile

Valley National Bancorp is a bank holding company headquartered in Wayne, New Jersey, operating through its primary subsidiary, Valley National Bank. The company provides a full range of commercial and consumer banking services, including deposit accounts, lending products, and treasury management. Valley National Bancorp also offers mortgage origination, residential mortgage servicing, wealth management, insurance, and trust services to individuals, small businesses, and middle-market companies.

In its commercial banking segment, Valley National Bancorp serves clients with business checking and savings accounts, commercial and industrial loans, equipment leasing and financing, and treasury management solutions.