Company

Valley National Bancorp

Headquarters: New York, NY, United States

Founded: 1927

Employees: 3,370

CEO: Mr. Ira D. Robbins

NASDAQ: VLY -2.84%

Market Cap

$5.31 Billion

USD as of Jan. 1, 2024

history Market Cap History

Valley National Bancorp market capitalization over time

Evolution of Valley National Bancorp market cap in the past 5 years

Market capitalizations are calculated from the opening stock price at the beginning of each month.

history Market Cap History of Valley National Bancorp

Detailed Description

Valley National Bancorp operates as the holding company for Valley National Bank that provides various commercial, retail, insurance, and wealth management financial services products. It operates through Commercial Lending, Consumer Lending, and Investment Management segments. The company offers non-interest bearing, savings, NOW, money market, and time deposit accounts; commercial and industrial, commercial real estate, residential mortgage, and automobile loans; loans secured by the cash surrender value of life insurance; home equity loans and lines of credit; and secured and unsecured other consumer loans. It also invests in various securities and interest-bearing deposits with other banks; and provides international banking services, such as standby and documentary letters of credit, and related products, as well as foreign exchange transactions, documentary collections, foreign wire transfers services, and transaction accounts for non-resident aliens. In addition, the company offers investment services for individuals and small to medium sized businesses; and trusts and custom -tailored investment strategies for various retirement plans. Further, it provides trust services, such as living and testamentary trusts, investment management, custodial and escrow services, and estate administration to individuals; tax credit advisory services; property and casualty, life, health, and title insurance agency services; and health care equipment lending and other commercial equipment leasing services, as well as owns real estate related investments. Additionally, the company offers online, mobile, and telephone banking services; and overdraft, drive-in and night deposit, automated teller machine, remote deposit capture, and safe deposit facility services. As of December 31,2021, it operated 232 branch offices in New Jersey, New York, Florida, and Alabama. The company was incorporated in 1927 and is headquartered in New York, New York.

🐷

"Bulls make money...
Bears make money...
Pigs get slaughtered!"

Stop guessing, unlock Financial AI.

(Don't be a pig.)

Stocks & Indices

Valley National Bancorp has the following listings and related stock indices.


Stock: NASDAQ: VLY wb_incandescent

Stock: FSX: VNB wb_incandescent

Key People

Gerald H. Lipkin (Chairman) Ira Robbins, (President and CEO) Alan D. Eskow, (Senior Executive Vice President and CFO)

Financials

Net income: $0.099 billion (December 31, 2018)


Total assets: $31.863 billion (December 31, 2018)

Total equity: $3.350 billion (December 31, 2018)

Details

Headquarters:

One Penn Plaza

Suite 2930

New York, NY 10119

United States

Phone: 973-305-8800