Investing.com - Valley National reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Valley National announced earnings per share of $0.35 on revenue of $510.20. Analysts polled by Investing.com EPS of $0.34 on revenue of $499.77M.
Valley National 's are down 4% and is trading at $11.62 , still down 23.38% from its 52 week high of $15.10 set on Tuesday, January 18, 2022.
Valley National shares gained 0.43% to trade at $11.62 in pre-market trade the report.
Valley National follows other major Financial sector earnings this month
Valley National's report follows an earnings beat by JPMorgan on Friday, October 14, 2022, who reported EPS of $3.12 on revenue of $32.7B, EPS of $2.92 on revenue of $32.13B.
Bank of America had beat expectations on Monday, October 17, 2022 with third quarter EPS of $0.81 on revenue of $24.5B, for EPS of $0.7816 on revenue of $23.56B.
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