JPMorgan Chase & Co. Cuts Valley National Bancorp (NASDAQ:VLY) Price Target to $17.00

Valley National Bancorp (NASDAQ:VLY) had its price objective cut by JPMorgan Chase & Co. from $17.50 to $17.00 in a research report sent to investors on Friday morning,Benzinga reports. They currently have an overweight rating on the stock.

A number of other brokerages also recently commented on VLY. UBS Group set a $17.00 price target on Valley National Bancorp in a report on Tuesday, July 7th. Cantor Fitzgerald upped their target price on Valley National Bancorp from $16.00 to $17.00 and gave the company an “overweight” rating in a research report on Wednesday, July 15th. National Bank Financial set a $17.50 target price on Valley National Bancorp in a research note on Wednesday, July 1st. Hovde Group increased their target price on Valley National Bancorp from $16.00 to $16.50 and gave the company an “outperform” rating in a research note on Tuesday, May 26th. Finally, Truist Financial lifted their price target on shares of Valley National Bancorp from $15.50 to $16.50 and gave the stock a “buy” rating in a research note on Friday, July 10th. Three research analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $16.03.

Valley National Bancorp Price Performance

VLY opened at $14.34 on Friday. Valley National Bancorp has a twelve month low of $8.95 and a twelve month high of $15.20. The firm has a market cap of $7.95 billion, a price-to-earnings ratio of 12.15 and a beta of 1.03. The company has a current ratio of 0.96, a quick ratio of 0.96 and a debt-to-equity ratio of 0.35. The company has a fifty day simple moving average of $14.22 and a 200 day simple moving average of $13.24.

Valley National Bancorp (NASDAQ:VLY) last issued its quarterly earnings data on Thursday, July 23rd. The company reported $0.30 EPS for the quarter, missing analysts’ consensus estimates of $0.31 by ($0.01). The firm had revenue of $560.74 million during the quarter, compared to analyst estimates of $557.16 million. Valley National Bancorp had a return on equity of 9.13% and a net margin of 19.49%.The business’s quarterly revenue was up 13.3% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.23 EPS. Equities research analysts expect that Valley National Bancorp will post 1.3 EPS for the current fiscal year.

Valley National Bancorp Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, October 1st. Investors of record on Tuesday, September 15th will be given a dividend of $0.11 per share. This represents a $0.44 annualized dividend and a dividend yield of 3.1%. The ex-dividend date of this dividend is Tuesday, September 15th. Valley National Bancorp’s dividend payout ratio is currently 37.29%.

Insider Transactions at Valley National Bancorp

In related news, CAO Mitchell L. Crandell sold 25,495 shares of the firm’s stock in a transaction on Friday, June 12th. The stock was sold at an average price of $14.63, for a total transaction of $372,991.85. Following the transaction, the chief accounting officer directly owned 76,116 shares in the company, valued at $1,113,577.08. This trade represents a 25.09% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 1.06% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of VLY. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in Valley National Bancorp by 5.9% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 282,143 shares of the company’s stock worth $2,508,000 after buying an additional 15,771 shares during the last quarter. Jones Financial Companies Lllp bought a new stake in Valley National Bancorp in the first quarter worth approximately $191,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in shares of Valley National Bancorp by 21.5% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,445,644 shares of the company’s stock worth $12,852,000 after purchasing an additional 255,870 shares during the last quarter. Focus Partners Wealth raised its holdings in shares of Valley National Bancorp by 34.9% during the 1st quarter. Focus Partners Wealth now owns 60,868 shares of the company’s stock valued at $541,000 after purchasing an additional 15,761 shares in the last quarter. Finally, Envestnet Asset Management Inc. acquired a new stake in shares of Valley National Bancorp in the 2nd quarter valued at $119,000. 61.00% of the stock is owned by institutional investors and hedge funds.

Key Headlines Impacting Valley National Bancorp

Here are the key news stories impacting Valley National Bancorp this week:

• Positive Sentiment: JPMorgan Chase & Co. kept an Overweight rating on Valley National Bancorp and trimmed its price target only modestly to $17.00 from $17.50, signaling continued confidence in upside from current levels. JPMorgan price target update
• Positive Sentiment: Keefe, Bruyette & Woods raised its price target to $16.00 from $15.00, suggesting analysts still see room for the shares to recover despite the earnings miss. KBW price target update
• Positive Sentiment: Valley National posted year-over-year revenue growth of 13.3%, helped by stronger net interest income and non-interest income, and provisions were lower, which supports the longer-term earnings outlook. Second quarter 2026 results
• Neutral Sentiment: Adjusted second-quarter EPS came in at $0.30 versus the consensus $0.31, a very small miss that was offset by slightly better-than-expected revenue. Second quarter 2026 results
• Negative Sentiment: The main drag on the stock is that higher expenses kept Valley National from fully beating earnings estimates, limiting enthusiasm around an otherwise solid quarter. Earnings miss analysis

Valley National Bancorp Company Profile

Valley National Bancorp (NASDAQ: VLY) is a regional bank holding company headquartered in Wayne, New Jersey, offering a comprehensive suite of commercial and consumer banking products and services. Through its banking subsidiary, Valley National Bank, the company provides deposit accounts, residential and commercial lending, mortgage services, treasury and cash management, foreign exchange and trade finance solutions. Complementary wealth management and insurance offerings round out its financial services platform, catering to individual, small-business and corporate clients.

Tracing its roots to the establishment of Wayne National Bank in 1927, Valley has grown into one of the largest banks in New Jersey by both assets and deposit share.