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

by · The Markets Daily

Valley National Bancorp (NASDAQ:VLY – Get Free Report) had its price target lowered by analysts at JPMorgan Chase & Co. from $17.50 to $17.00 in a report issued on Friday,Benzinga reports. The brokerage presently has an “overweight” rating on the stock. JPMorgan Chase & Co.‘s price objective would suggest a potential upside of 17.39% from the stock’s previous close.

VLY has been the subject of a number of other reports. Keefe, Bruyette & Woods increased their price objective on shares of Valley National Bancorp from $15.00 to $16.00 and gave the stock a “market perform” rating in a research note on Friday. Royal Bank Of Canada lifted their target price on Valley National Bancorp from $14.00 to $16.00 and gave the company an “outperform” rating in a research report on Friday, April 24th. National Bank Financial set a $17.50 price target on Valley National Bancorp in a research report on Wednesday, July 1st. TD Cowen restated a “buy” rating on shares of Valley National Bancorp in a research note on Wednesday, June 17th. Finally, Hovde Group boosted their price target on Valley National Bancorp from $16.00 to $16.50 and gave the stock an “outperform” rating in a research report on Tuesday, May 26th. Three investment analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $16.03.

Check Out Our Latest Report on VLY

Valley National Bancorp Stock Up 0.2%

Shares of VLY stock traded up $0.03 during trading on Friday, reaching $14.48. The company’s stock had a trading volume of 7,465,755 shares, compared to its average volume of 7,294,320. The business has a fifty day moving average price of $14.19 and a 200-day moving average price of $13.23. The company has a quick ratio of 0.96, a current ratio of 0.96 and a debt-to-equity ratio of 0.35. The company has a market cap of $8.02 billion, a price-to-earnings ratio of 13.05 and a beta of 1.03. Valley National Bancorp has a one year low of $8.95 and a one year high of $15.20.

Valley National Bancorp (NASDAQ:VLY – Get Free Report) last released its earnings results on Thursday, July 23rd. The company reported $0.30 earnings per share for the quarter, missing analysts’ consensus estimates of $0.31 by ($0.01). Valley National Bancorp had a net margin of 18.61% and a return on equity of 8.68%. The business had revenue of $560.74 million during the quarter, compared to the consensus estimate of $557.16 million. During the same period last year, the business posted $0.23 EPS. The firm’s revenue for the quarter was up 13.3% on a year-over-year basis. Analysts anticipate that Valley National Bancorp will post 1.3 earnings per share for the current year.

Insider Transactions at Valley National Bancorp

In other Valley National Bancorp news, CAO Mitchell L. Crandell sold 25,495 shares of Valley National Bancorp stock in a transaction on Friday, June 12th. The stock was sold at an average price of $14.63, for a total value of $372,991.85. Following the completion of the transaction, the chief accounting officer directly owned 76,116 shares of the company’s stock, valued at $1,113,577.08. The trade was a 25.09% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, COO Russell Barrett sold 90,537 shares of the company’s stock in a transaction dated Monday, April 27th. The stock was sold at an average price of $13.54, for a total transaction of $1,225,870.98. Following the sale, the chief operating officer directly owned 64,167 shares of the company’s stock, valued at $868,821.18. This represents a 58.52% decrease in their position. The SEC filing for this sale provides additional information. 1.06% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Valley National Bancorp

Several institutional investors and hedge funds have recently added to or reduced their stakes in VLY. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in shares of Valley National Bancorp by 5.9% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 282,143 shares of the company’s stock valued at $2,508,000 after acquiring an additional 15,771 shares in the last quarter. Jones Financial Companies Lllp acquired a new stake in Valley National Bancorp during the 1st quarter worth about $191,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in Valley National Bancorp by 21.5% during the first 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 period. Focus Partners Wealth grew its position 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 worth $541,000 after buying an additional 15,761 shares during the period. Finally, Envestnet Asset Management Inc. bought a new stake in Valley National Bancorp in the second quarter valued at $119,000. 61.00% of the stock is currently owned by institutional investors.

Key Stories Impacting Valley National Bancorp

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

  • Positive Sentiment: Keefe, Bruyette & Woods raised its price target on Valley National Bancorp to $16 from $15, suggesting about 10% upside from the recent share price while keeping a market perform rating. Benzinga
  • Positive Sentiment: The bank reported second-quarter adjusted EPS of $0.30 and net income of $170.9 million, both higher than a year ago, while revenue rose 13.3% year over year to $560.74 million. Valley National Bancorp Announces Second Quarter 2026 Results
  • Positive Sentiment: Higher net interest income, stronger non-interest income, and lower provisions helped offset some of the quarter’s pressure and support the view that core banking trends are improving. Zacks: VLY Q2 Earnings Miss Despite Strong Revenue Growth, Lower Provisions
  • Neutral Sentiment: Wall Street coverage and earnings-call materials highlighted that the quarter was solid overall, but not strong enough to fully erase concerns about expense pressure and the slight earnings shortfall. Valley National Bancorp (VLY) Q2 2026 Earnings Call Transcript
  • Negative Sentiment: Valley National missed analyst EPS estimates by $0.01, with results pressured by higher expenses, which could limit near-term upside if investors focus on profitability rather than revenue growth. Zacks: Valley National (VLY) Lags Q2 Earnings Estimates

About Valley National Bancorp

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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.

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