Valley National Bancorp (NASDAQ:VLY) Given New $16.00 Price Target at JPMorgan Chase & Co.

Valley National Bancorp (NASDAQ:VLY) had its price objective upped by research analysts at JPMorgan Chase & Co. from $15.50 to $16.00 in a research note issued to investors on Friday, Benzinga reports. The brokerage presently has an “overweight” rating on the stock. JPMorgan Chase & Co.‘s target price suggests a potential upside of 13.83% from the company’s previous close.

A number of other brokerages have also recently weighed in on VLY. Cantor Fitzgerald lifted their price target on shares of Valley National Bancorp from $16.00 to $17.00 and gave the stock an “overweight” rating in a research report on Wednesday, July 15th. National Bank Financial set a $15.50 price objective on Valley National Bancorp in a research note on Thursday, October 1st. Keefe, Bruyette & Woods upgraded Valley National Bancorp from a “market perform” rating to an “outperform” rating and set a $17.00 target price on the stock in a report on Friday. Barclays boosted their target price on Valley National Bancorp from $14.00 to $15.00 and gave the company an “equal weight” rating in a research note on Tuesday, July 7th. Finally, Weiss Ratings upgraded Valley National Bancorp from a “buy (b-)” rating to a “buy (b)” rating in a research report on Friday, October 16th. One research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $16.23.

Valley National Bancorp Price Performance

VLY traded up $0.25 during midday trading on Friday, hitting $14.06. The company had a trading volume of 4,005,237 shares, compared to its average volume of 7,123,924. Valley National Bancorp has a twelve month low of $10.34 and a twelve month high of $15.20. The company has a market capitalization of $7.77 billion, a PE ratio of 11.91 and a beta of 1.07. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.96 and a current ratio of 0.96. The firm’s 50-day simple moving average is $13.44 and its 200-day simple moving average is $13.79.

Valley National Bancorp (NASDAQ:VLY) last released its earnings results on Thursday, October 22nd. The company reported $0.36 EPS for the quarter, beating the consensus estimate of $0.33 by $0.03. Valley National Bancorp had a return on equity of 9.13% and a net margin of 19.49%. The company had revenue of $581.10 million during the quarter, compared to analysts’ expectations of $577.82 million. During the same period last year, the firm earned $0.28 EPS. Equities research analysts predict that Valley National Bancorp will post 1.27 EPS for the current fiscal year.

Hedge Funds Weigh In On Valley National Bancorp

A number of large investors have recently modified their holdings of VLY. BlackRock Inc. bought a new position in shares of Valley National Bancorp in the 2nd quarter valued at about $1,079,026,000. Wellington Management Group LLP raised its holdings in Valley National Bancorp by 29.5% during the second quarter. Wellington Management Group LLP now owns 20,091,604 shares of the company’s stock worth $294,342,000 after acquiring an additional 4,576,448 shares in the last quarter. Azora Capital LP bought a new stake in Valley National Bancorp during the second quarter worth about $150,121,000. Freestone Grove Partners LP bought a new stake in Valley National Bancorp during the second quarter worth about $88,872,000. Finally, Bank of New York Mellon Corp acquired a new position in Valley National Bancorp during the second quarter valued at approximately $68,276,000. 61.00% of the stock is currently owned by institutional investors and hedge funds.

Key Headlines Impacting Valley National Bancorp

Here are the key news stories impacting Valley National Bancorp this week:

• Positive Sentiment: Valley National reported third-quarter net income of $206.3 million, or $0.36 per diluted share, up from $0.29 in the second quarter and $0.28 a year earlier. EPS exceeded the consensus estimate of $0.33. Valley National Bancorp Announces Third Quarter 2026 Results
• Positive Sentiment: Revenue reached approximately $581.1 million, topping the $577.8 million analyst forecast. Reports described the quarter as delivering roughly 14% year-over-year revenue growth, supporting expectations for improving operating momentum. Valley National Bancorp Delivers 14% Revenue Growth in Q3 2026
• Positive Sentiment: The bank reported a 9.13% return on equity and a 19.49% net margin. Adjusted net income was $206.4 million, indicating that the strong quarter was not materially dependent on unusual items. Valley National Bancorp Reports Record Third-Quarter Profitability
• Positive Sentiment: Valley National also announced its regular quarterly cash dividend, payable January 4, 2027, reinforcing the stock’s income appeal. Valley National Announces Quarterly Cash Dividend
• Neutral Sentiment: The earnings-call transcript and presentation provided additional management commentary and quarterly details, but the reports supplied no major negative surprise or new risk that offset the earnings beat. Valley National Q3 2026 Earnings Call Transcript

Valley National Bancorp Company Profile

Valley National Bancorp is the bank holding company for Valley National Bank, a full-service regional bank headquartered in Wayne, New Jersey. The company provides banking and financial services to individuals, businesses, nonprofit organizations and government entities through a network of branches and digital banking channels.

Valley National Bank offers deposit accounts, residential and commercial real estate lending, business loans, consumer loans, mortgage banking, treasury management and other commercial banking services.