Trump/Cook, Nissan weakness, more tariffs and gold - what’s moving markets
In a recent transaction disclosed by Valley National Bancorp (NASDAQ:VLY), a $5.1 billion regional bank with a robust 52-year history of consecutive dividend payments, Efrat Eyal, a director at the company, purchased 196 shares of common stock. The shares were acquired at a price of $9.16 each, totaling approximately $1,795. Following this transaction on May 14, 2025, Eyal’s direct ownership in the company increased to 1,848 shares. The stock currently offers a 4.8% dividend yield and trades below book value with a P/B ratio of 0.72. According to InvestingPro analysis, Valley National appears undervalued, with additional insights available in the comprehensive Pro Research Report covering this and 1,400+ other 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, falling short of the $0.19 expected by analysts, and revenue of $478.4 million, which was below the anticipated $482.3 million. Despite these misses, Valley National Bancorp saw a continued increase in its net interest margin for the fourth consecutive quarter. The bank’s core customer deposits grew by $600 million, while brokered deposits decreased by $700 million, indicating a strategic shift in its deposit base. Additionally, the company’s net income was reported at $106 million, a decrease from $116 million in the previous quarter. Looking ahead, Valley National Bancorp expects its loan growth to be at the lower end of the 3-5% range for the remainder of 2025, with plans to optimize deposit costs and manage provisions. In terms of analyst perspectives, Piper Sandler and KBW analysts engaged with the company during the earnings call, focusing on commercial loan originations and expense management.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.