Cardiff Oncology shares plunge after Q2 earnings miss
NEW YORK - Valley National Bancorp (NASDAQ:VLY), currently trading at $9.65 with a 4.62% dividend yield, announced today its regular quarterly dividend payments for preferred and common shareholders of record on September 15, 2025. According to InvestingPro data, the bank has maintained dividend payments for an impressive 52 consecutive years.
The bank holding company will distribute dividends on its preferred stock series on September 30, 2025, with Series A receiving $0.537128 per share, Series B receiving $0.519750 per share, and Series C receiving $0.515625 per share.
Valley’s common stock dividend will be paid on October 1, 2025, at $0.11 per share, unchanged from the previous quarter.
The company noted in its press release statement that the current common dividend should not be used as an indicator of future dividend payments.
Valley National Bank operates as the principal subsidiary of Valley National Bancorp with approximately $62 billion in assets. Trading at a price-to-book ratio of 0.76 and a P/E ratio of 13.94, the $5.4 billion market cap regional bank maintains branch locations and commercial banking offices across New Jersey, New York, Florida, Alabama, California, and Illinois. Get deeper insights into Valley National’s financial health and growth prospects with InvestingPro’s comprehensive research report, part of its coverage of over 1,400 US stocks.
In other recent news, Valley National Bancorp reported its Q1 2025 earnings, which showed a slight miss on both earnings per share (EPS) and revenue forecasts. The company announced an EPS of $0.18, which fell short of the anticipated $0.19, and revenue of $478.4 million, below the expected $482.3 million. In another development, Morgan Stanley upgraded Valley National’s stock rating from Equalweight to Overweight, citing the company’s efforts to strengthen its balance sheet over the past year. Keefe, Bruyette & Woods maintained their Market Perform rating with an $11 target, noting positive trends in the bank’s capital and reserves. Additionally, Valley National disclosed the results of its board election, announcing the retirement of President Thomas A. Iadanza, with CEO Ira Robbins set to assume the role in 2025. Meanwhile, Jefferies initiated coverage with a Hold rating and a $10 target, acknowledging improvements in the bank’s financial performance but expressing caution due to the ongoing transition. The firm highlighted concerns about the potential impact of an economic slowdown on Valley National’s financial benchmarks. These developments reflect the company’s strategic adjustments and market perceptions.
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