Valley National Bancorp

Valley National Bancorp operates as the holding company for the Valley National Bank that provides commercial, retail, trust, and investment services. The company operates through Commercial Lending, Consumer Lending, and Investment Management segments. Its deposit products include non-interest bearing, savings, NOW, and money market deposits, as well as certificates of deposit. The company’s loan products comprise construction, residential mortgage, home equity, automobile, and floating rate and adjustable rate commercial and industrial loans, as well as fixed rate owner occupied and commercial real estate loans, credit card loans, personal lines of credit, personal loans, and loans secured by cash surrender value of life insurance. It also invests in securities, such as fixed rate investments, federal funds, and interest-bearing deposits with banks; and offers international banking services, such as standby letters of credit, documentary letters of credit and related products, and other ancillary services. In addition, the company provides asset management advisory, trust, and asset-based lending support services; property and casualty, life, health, and title insurance; and health care equipment and other commercial equipment leases, as well as general aviation aircraft loans and commercial equipment leases, and real estate related investments.
Type
Public
HQ
Wayne, US
Founded
1927
Size (employees)
2,828 (est)-3%
Valley National Bancorp was founded in 1927 and is headquartered in Wayne, US

Valley National Bancorp Office Locations

Valley National Bancorp has an office in Wayne
Wayne, US (HQ)
1455 Valley Rd

Valley National Bancorp Data and Metrics

Valley National Bancorp Financial Metrics

Valley National Bancorp's revenue was reported to be $766.9 m in FY, 2016 which is a 8% increase from the previous period.
$, USD

Revenue (FY, 2016)

766.9 m

Revenue growth (FY, 2015 - FY, 2016), %

8%

Gross profit (FY, 2016)

618.1 m

Gross profit margin (FY, 2016), %

81%

Net income (FY, 2016)

168.1 m

EBIT (FY, 2016)

618.1 m

Market capitalization (23-Jun-2017)

3 b

Closing share price (23-Jun-2017)

11.4

Cash (31-Dec-2016)

220.8 m

EV

5.3 b
Valley National Bancorp's current market capitalization is $3 b.
$, USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

616.1 m636.6 m707 m766.9 m

Revenue growth, %

3%11%8%

Cost of goods sold

156.8 m148.8 m

Gross profit

550.3 m618.1 m

Gross profit Margin, %

78%81%

Operating expense total

499.1 m476.1 m

EBIT

178.9 m147.2 m126.9 m618.1 m

EBIT margin, %

29%23%18%81%

Pre tax profit

126.9 m233.4 m

Income tax expense

23.9 m65.2 m

Net Income

132 m116.2 m103 m168.1 m
$, USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

243.6 m220.8 m

Accounts Receivable

63.6 m66.8 m

PP&E

298.9 m291.2 m

Goodwill

686.3 m690.6 m

Total Assets

21.6 b22.9 b

Total Debt

2.9 b2.5 b

Common Stock

92.4 m

Preferred Stock

111.6 m

Retained Earnings

125.2 m172.8 m

Total Equity

2.2 b2.4 b

Debt to Equity Ratio

1.3 x1.1 x

Debt to Assets Ratio

0.1 x0.1 x

Financial Leverage

9.8 x9.6 x
$, USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

132 m116.2 m103 m168.1 m

Depreciation and Amortization

21.1 m24.4 m

Accounts Receivable

54 m57.3 m(2.5 m)(3.3 m)

Cash From Operating Activities

(483.9 m)461.2 m154.9 m419.2 m

Cash From Investing Activities

(1.7 b)(1.5 b)

Short-term Borrowings

873.1 m4 m

Long-term Borrowings

(970 m)(769.2 m)

Cash From Financing Activities

1.1 b1.1 b
$, USDY, 2016

EV/EBIT

8.5 x

EV/CFO

12.6 x

Revenue/Employee

261.8 k

Debt/Equity

1.1 x

Debt/Assets

0.1 x

Financial Leverage

9.6 x

Valley National Bancorp Market Value History

Valley National Bancorp Company Life and Culture

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