Valley National Bancorp director Efrat Eyal buys $1,795 in common stock

Published 16/05/2025, 14:14
Valley National Bancorp director Efrat Eyal buys $1,795 in common stock

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.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2025 - Fusion Media Limited. All Rights Reserved.