VLY
Valley National Bancorp
VLY's fundamentals are strong: its operating margin rose 9 points to 40% and revenue grew 14%. At 11x earnings, it's trading in line with its usual 12x. Analysts expect strong earnings growth.
VLY Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| N/A | |
| N/A |
VLY's revenue and profitability are currently healthy. Free cash flow and net leverage aren't meaningful measures for financial services companies like VLY.
VLY PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 8.5x | $10.70 | -26% |
| Forward | 9.8x | $14.38 | — |
| Current | 11x | $14.38 | — |
| Fair | 12x | $14.81 | +3% |
| Expensive | 13x | $16.91 | +18% |
Historical ranges are pointers, not guarantees.
VLY's PE is in its fair range at 11x. If earnings grow as analysts expect, today's price would be 9.8x next year's earnings, in its cheap range.
VLY Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Strong growth | |
| Growth | |
| Improving | |
| Limited | |
| Moderate |
Analysts expect earnings and revenue growth for VLY, with profitability improving.
VLY Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $1.46 | +16% |
| Q3 2026 | $1.26 | +43% |
| Q2 2026 | $1.18 | +51% |
| Q1 2026 | $1.11 | +61% |
| Q4 2025 | $1.01 | +46% |
| Q3 2025 | $0.88 | +42% |
| Q2 2025 | $0.78 | +9.9% |
| Q1 2025 | $0.69 | -19% |
| Q4 2024 | $0.69 | -27% |
VLY earned $1.26 per share over the past year, up 43% from the year before.
VLY Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $584.2M | +14% |
| Q2 2026 | $560.7M | +13% |
| Q1 2026 | $540.4M | +13% |
| Q4 2025 | $541.2M | +14% |
| Q3 2025 | $511.1M | +8.5% |
| Q2 2025 | $495M | +9.3% |
| Q1 2025 | $478.4M | +5.2% |
| Q4 2024 | $474.2M | +5.4% |
VLY's revenue has grown year over year for nine quarters in a row: $584M last quarter, up 14% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 42% | +0.6 points |
| Q2 2026 | 39% | +4.3 points |
| Q1 2026 | 39% | +9.6 points |
| Q4 2025 | 41% | +22 points |
| Q3 2025 | 41% | +14 points |
| Q2 2025 | 35% | +14 points |
| Q1 2025 | 29% | +0.6 points |
| Q4 2024 | 19% | -1 points |
VLY's operating margin was 42% last quarter, up 0.6 points from the same quarter a year ago.
VLY Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $378.4M | +16011% |
| Q2 2026 | $160.2M | +2.7% |
| Q1 2026 | $208.2M | +$228.4M |
| Q4 2025 | $187.5M | -51% |
| Q3 2025 | $2.3M | +$162.9M |
| Q2 2025 | $156M | -26% |
| Q1 2025 | -$20.2M | -121% |
| Q4 2024 | $385.8M | +$668.8M |
VLY's free cash flow was $934M over the past year, up 78% from the year before. Free cash flow isn't a meaningful measure for financial services companies like VLY.
VLY Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.1% | -691K shares |
| 1 year | -1.3% | -7.4M shares |
| 3 years | +9.2% | +47M shares |
| 5 years | +36% | +147M shares |
| Available history | +55% | +197M shares |
VLY has 556M diluted shares, down 1.3% from a year ago, with $153M in buybacks over the past year.
| Quarter | Spent |
|---|---|
| Q3 2026 | $34.6M |
| Q2 2026 | $20.1M |
| Q1 2026 | $51.8M |
| Q4 2025 | $46.6M |
| Q3 2025 | $12M |
| Q2 2025 | $2.2M |
| Q1 2025 | $2.2M |
| Q4 2024 | $390,000 |
VLY spent $153M buying back its own shares over the past year, about nine times what it spent the year before.
VLY Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -0.3x | Net Cash |
| Q2 2026 | 0.1x | Very low |
| Q1 2026 | -0.4x | Net Cash |
| Q4 2025 | -0.3x | Net Cash |
| Q3 2025 | -0.5x | Net Cash |
| Q2 2025 | -0.5x | Net Cash |
| Q1 2025 | -0.9x | Net Cash |
| Q4 2024 | -0.7x | Net Cash |
VLY has more cash than debt. Net leverage isn't a meaningful measure for financial services companies like VLY.
VLY Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 58.2 | Neutral |
| Stochastic | 67.1 | Neutral |
VLY's weekly RSI is 58 (neutral) and its Stochastic is 67 (neutral).
VLY PE vs Financial Services Sector
| Metric | VLY | Sector median | Relative |
|---|---|---|---|
| PE | 11x | 13x | 12% below |
| PE % | 44 | 63 | 19 pts below |
VLY is trading at 11x earnings, a 12% discount to the Financial Services sector's median of 13x.
VLY Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $13.5 | 6.7% above |
| 20 week MA | $14.0 | 2.8% above |
| 50 week MA | $13.3 | 8.2% above |
| 100 week MA | $11.5 | 26% above |
| 200 week MA | $10.2 | 42% above |
VLY is in an uptrend: it's above all five of its weekly moving averages, and 42% above its 200-week average.
VLY Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $11.4 | $9.71 | -15% |
| 2021 | $9.71 | $13.6 | +40% |
| 2022 | $13.6 | $11.5 | -15% |
| 2023 | $11.5 | $10.9 | -5.4% |
| 2024 | $10.9 | $9.12 | -16% |
| 2025 | $9.12 | $12.0 | +31% |
| 2026 YTD | $12.0 | $14.4 | +20% |
VLY has finished lower in four of the last six years. It's up 20% so far in 2026.