Saturday, 26 September 2015

Rochel holds VLY 9.59: Finally, VLY is looking at optimizing its branch footprint with the closure of overlapping or inefficient branches.

VLY is also continuing to implement new technology across its legacy and new model (inclusive of the 1st United acquisition) to help reduce friction for sales and service transactions as well as speed to completion. This alone opens VLY up to substantial cross-selling opportunity and efficient net income expansion. VLY plans to continue to optimize the 1st United acquisition by helping legacy branches and legacy staff better deploy its expanded product portfolio on top of the legacy model. Using a comparable company analysis (see below), VLY clearly is not the class of the peer group. Stable doesn't mean stellar though, that needs to be clear.


Ileen:
I believe VLY is well-positioned to be an excellent total returner and that the current selloff is an opportunity that should not be missed.

Zita:
VLY having given up roughly one dollar per share from the 52-week highs now throws off a huge 4.74% yield, while having completed two key acquisitions recently that should lend themselves to EPS expansion over the next few years.

Doreatha:
After a strong Q2 saw VLY shares move 9.22% higher, July and August have priced VLY shares down 8.73% with the majority of that damage coming the last ten days or so.

Oralia:
Valley National Bancorp (NYSE: VLY ) is an easy buy again thanks to a selloff caused entirely by macro market volatility and general interest rate uncertainty.

Jami:
I believe VLY has highly visible near-term EPS expansion availability that should work to further solidify the bank financials as well as drive the share price.

Judie:
This non-fundamental selloff has created a buying opportunity and the chance to get long a bank with a 4.74% yield.

Catharine:
It provides a variety of banking services, including automated teller machines, telephone and Internet banking, remote deposit capture, overdraft facilities, drive-in and night deposit services, and deposit facilities.

Louvenia:
The Bank provides a range of commercial, retail, insurance and wealth management financial services products.

Jaime:
The Company operates through its subsidiary, Valley National Bank (Bank). The Bank operates in four segments: commercial lending, consumer lending, investment management, and corporate and other adjustments.

Divina:
Valley National Bancorp ( NYSE:VLY ) is a bank holding company.

Valley National Bancorp (NYSE:VLY)
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