Statistics
The Valley National Bancorp stock price is currently $ 25.01 with a total market cap valuation of $ 5.38B (215.28M shares outstanding). The Valley National Bancorp is trading on NASDAQ under the ticker sign VLYPP. Valley National Bancorp price is up
Description
Valley National Bancorp functions as the parent organization for Valley National Bank, delivering a comprehensive suite of financial products and services. These offerings encompass commercial, retail banking, insurance, and wealth management, segmented into Commercial Lending, Consumer Lending, and Investment Management divisions. The bank provides diverse deposit accounts, such as non-interest bearing, savings, NOW, money market, and time deposits. Its lending options are extensive, covering commercial and industrial loans, commercial real estate financing, residential mortgages, vehicle loans, and various consumer loans, including those secured by life insurance cash value, home equity loans and lines, and other personal credit solutions. Valley National strategically allocates capital to various securities and interest-bearing deposits with other banks. Its international banking services include standby and documentary letters of credit, foreign exchange operations, documentary collections, international wire transfers, and transaction accounts for non-resident aliens. The company also offers investment services for individual clients and small to medium-sized enterprises, alongside customized investment strategies and trusts tailored for different retirement plans. Its trust services for individuals cover living and testamentary trusts, investment management, custodial and escrow provisions, and estate administration. Additional services include tax credit advisory, a broad range of insurance agency services (property and casualty, life, health, and title), equipment leasing for healthcare and other commercial sectors, and direct real estate investments. For customer convenience, Valley National Bancorp provides online, mobile, and telephone banking, in addition to overdraft services, drive-in banking, night deposit facilities, automated teller machines, remote deposit capture, and safe deposit boxes. Established in 1927, the company is headquartered in New York, New York. As of December 31, 2021, it operated a network of 232 branch offices across New Jersey, New York, Florida, and Alabama.
Company Profile
- Full Name: Valley National Bancorp
- Sector: Financial Services
- Website: https://www.valley.com
