Friday, 2 October 2015

Joselyn buys VLY 9.83: 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. For investors needing high yield at reasonable volatility, VLY beta comes in at 78 bps (via Sentieo.com). VLY offers stable financials with plenty of room for high visibility improvement. 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. 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.


Renita:
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.

Vernia:
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.

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

Marg:
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.

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

Etta:
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.

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

Marleen:
On average, analysts forecast that Valley National Bancorp will post $0.56 EPS for the current year.

Shanelle:
The financial services provider reported $0.14 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.15 by $0.01. During the same period in the prior year, the firm earned $0.15 earnings per share.

Patty:
Finally, Guggenheim cut Valley National Bancorp from a neutral rating to a sell rating and set a $9.00 target price on the stock. in a research note on Monday, July 13th.

Valley National Bancorp (NYSE:VLY)
//stockhand.net/us/?q=nyse%3Avly&id=328003

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