Earnings Forecast Research on Valley National Bancorp (VLY)

Valley National Bancorp has received $0.16 as the consensus Earnings Estimate for the Quarter ending on Mar 2017 ,According to the estimate provided by 3 Financial Advisor in the Stock Trading Firms. Among 3 Analysts, Bottom line EPS Estimate for the current quarter is $0.16 while the top line estimate is $0.17 , a key information to consider for Day Trading and investing in stocks. The EPS growth rate is projected at 16.67%.

Valley National Bancorp reported better than expected with a surprise EPS of 5.56% or $0.01 during its most recent quarterly earnings. The Actual EPS was $0.19 compared to the Estimated EPS of $0.18. Wayne based Valley National Bancorp Last reported the Quarter results on Dec 31, 2016 and the Next earnings date is scheduled to be released on Apr 26, 2017.

Valley National Bancorp has a Price to Earnings ratio of 18.86 for the trailing twelve month period. The price to book ratio of the company for the most recent quarter is 1.4. For the Most Recent Fiscal Year, Valley National Bancorp has a price to cash ratio of 14.85. For the Trailing twelve month period, company showed a Net Profit Margin of 19.32% and Return on Equity of the stock is 7.78%.

In the last quarter, Valley National Bancorp reported Annual Earnings of $0.19. Based on the filings, last years Annual Earnings was, $0.63. In the last Quarter, VLY reported a surprise Earnings per Share of 5.56% . The consensus estimate for current quarter is $0.16 and for the current fiscal year, the estimate is $0.69. For the Next fiscal year, the estimate is $0.75 based on the consensus.

Valley National Bancorp (NYSE:VLY) : On Tuesday heightened volatility was witnessed in Valley National Bancorp (NYSE:VLY) which led to swings in the share price. The stock opened for trading at $12.06 and hit $12.17 on the upside , eventually ending the session at $12.11, with a gain of 0.33% or 0.04 points. The heightened volatility saw the trading volume jump to 2,284,667 shares. The 52-week high of the share price is $12.3175 and the company has a market cap of $3,193 million. The 52-week low of the share price is at $8.435 .

Valley National Bancorp is a bank holding company whose principal subsidiary is Valley National Bank. Valley National Bank provides a full range of commercial and retail banking services through branch offices located in northern New Jersey. These services include the following: the acceptance of demand, savings and time deposits; extension of consumer, real estate, Small Business Administration and other commercial credits; title insurance; investment services; and full personal and corporate trust, as well as pension and fiduciary services.


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