Valley National Bancorp logo

VLY

Valley National Bancorp

$7.86

Earnings Summary

Revenue
$871Mn
Net Profits
$71.55Mn
Net Profit Margins
8.22%
PE Ratio
8.32

Highlights

Revenue:

Valley National Bancorp’s revenue jumped 67.93% since last year same period to $871Mn in the Q4 2023. On a quarterly growth basis, Valley National Bancorp has generated 87.83% jump in its revenue since last 3-months.

Net Profits:

Valley National Bancorp’s net profit fell -59.71% since last year same period to $71.55Mn in the Q4 2023. On a quarterly growth basis, Valley National Bancorp has generated -49.38% fall in its net profits since last 3-months.

Net Profit Margins:

Valley National Bancorp’s net profit margin fell -76.01% since last year same period to 8.22% in the Q4 2023. On a quarterly growth basis, Valley National Bancorp has generated -73.05% fall in its net profit margins since last 3-months.

PE Ratio:

Valley National Bancorp’s price-to-earnings ratio after this Q4 2023 earnings stands at 8.32.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Valley National Bancorp post its latest quarter earnings

EPS Estimate Current Quarter
0.2
EPS Estimate Current Year
0.2

Highlights

EPS Estimate Current Quarter:

Valley National Bancorp’s earning per share (EPS) estimates for the current quarter stand at 0.2 - a -20% fall from last quarter’s estimates.

EPS Estimate Current Year:

Valley National Bancorp’s earning per share (EPS) estimates for the current year stand at 0.2.

Key Ratios

Key ratios of the Valley National Bancorp post its Q4 2023 earnings

Earning Per Share (EPS)
0.22
Return on Assets (ROA)
0.01
Return on Equity (ROE)
0.08
Dividend Per Share (DPS)
0.11

Highlights

Earning Per Share (EPS):

Valley National Bancorp’s earning per share (EPS) fell -37.14% since last year same period to 0.22 in the Q4 2023. This indicates that the Valley National Bancorp has generated -37.14% annual rate of fall in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Valley National Bancorp’s return on assets (ROA) stands at 0.01.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Valley National Bancorp’s return on equity (ROE) stands at 0.08.

Dividend Per Share (DPS):

Valley National Bancorp declared 0.11 dividend per share during the earnings announcement for Q4 2023.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2023-11-09
0.26
0.26
0%
2024-02-29
0.25
0.22
-12%
2023-05-08
0.33
0.3
-9.09%
2023-08-07
0.29
0.28
-3.45%