Wednesday Mar 5
Keefe, Bruyette & Woods Upgrades Valley National Bancorp on Raised 2015 EPS Estimate
In a report published Wednesday, Keefe, Bruyette & Woods analyst Collyn Gilbert upgraded the rating on Valley National Bancorp from Underperform to Market Perform, and raised the price target from $8.50 to $9.50.
Valley National Bancorp to pay USD 0.11 dividend for quarter
The dividend amount per share was unchanged as compared to the previous quarterly cash dividend.
Valley National increased fourth quarter earnings
Valley National Bancorp, the holding company for Valley National Bank, earned $39.6 million, or 20 cents a share in the fourth quarter, an increase from $36.8 million, or 19 cents per share in the year-earlier period.
Valley National Bancorp Reports Increase In Fourth Quarter Earnings,...
Total covered loans decreased to increase in average loans driven by strong commercial real estate loan volumes over the last six months of 2013.