Detail akcie Valley Natl Banc online

Business Summary: Valley National Bancorp is a bank holding company and a financial holding company. The Company’s principal subsidiary is Valley National Bank. Its segments include Consumer Banking, Commercial Banking and Treasury and Corporate Other. The Consumer Banking comprises residential mortgages and automobile loans, and to a lesser extent, secured personal lines of credit, home equity loans and other consumer loans. Consumer Banking also includes the wealth management and insurance services division, comprised of asset management advisory, brokerage, trust, personal and title insurance, tax credit advisory services, and international and domestic private banking businesses. The Commercial Banking comprises floating rate and adjustable rate commercial and industrial loans and construction loans, and adjustable and fixed-rate owner-occupied and commercial real estate loans. It also offers niche financial services, including loan and deposit products for homeowners’ associations and others.
Financial Summary: BRIEF: For the three months ended 31 March 2025, Valley National Bancorp interest income decreased 5% to $784.8M. Net interest income after loan loss provision increased 3% to $357.4M. Net income applicable to common stockholders increased 8% to $99.1M. Net interest income after loan loss provision reflects Net Interest Margin, Total -% increase of 6% to 2.96%, Net Interest Spread, Total -% increase of 19% to 1.99%.