Valley National Bancorp logo VLY - Valley National Bancorp

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| PRICE TARGET: $15.58 DETAILS
HIGH: $17.00
LOW: $14.50
MEDIAN: $15.50
CONSENSUS: $15.58
UPSIDE: 14.98%

About Valley National Bancorp (https://www.valley.com)

Valley National Bancorp operates as the holding company for Valley National Bank that provides various commercial, retail, insurance, and wealth management financial services products. It operates through Commercial Lending, Consumer Lending, and Investment Management segments. The company offers non-interest bearing, savings, NOW, money market, and time deposit accounts, commercial and industrial, commercial real estate, residential mortgage, and automobile loans; loans secured by the cash surrender value of life insurance; home equity loans and lines of credit; and secured and unsecured other consumer loans. It also invests in various securities and interest-bearing deposits with other banks; and provides international banking services, such as standby and documentary letters of credit, and related products, as well as foreign exchange transactions, documentary collections, foreign wire transfers services, and transaction accounts for non-resident aliens. In addition, the company offers investment services for individuals and small to medium sized businesses; and trusts and custom -tailored investment strategies for various retirement plans. Further, it provides trust services, such as living and testamentary trusts, investment management, custodial and escrow services, and estate administration to individuals; tax credit advisory services; property and casualty, life, health, and title insurance agency services; and health care equipment lending and other commercial equipment leasing services, as well as owns real estate related investments. Additionally, the company offers online, mobile, and telephone banking services; and overdraft, drive-in and night deposit, automated teller machine, remote deposit capture, and safe deposit facility services. As of December 31,2021, it operated 232 branch offices in New Jersey, New York, Florida, and Alabama. The company was incorporated in 1927 and is headquartered in New York, New York.

Key Executives

NAME TITLE DOB SALARY
Ira D. Robbins President, Chief Executive Officer & Chairman 1975 $3,042,931 USD
Gino A. Martocci Senior EVP & President of Commercial Banking 1966 $1,853,572 USD
Patrick D. Smith Senior EVP & President of Consumer Banking 1972 $1,583,685 USD
Russell Barrett Senior EVP & COO 1976 $1,456,542 USD
Travis Lan Senior Executive Vice President & Chief Financial Officer 1985 $1,112,949 USD
Andrew Jianette Investor Relations Executive
Curt Lang Chief Banking Officer for New Jersey
John Meyer Commercial Loan Officer of Valley National Bank
John Regan Senior EVP & Chief Risk Officer 1964
Lyndsey Sloan Senior EVP & General Counsel 1977
Marc Piro Senior Vice President, Head of Content, Creative & Public Relations
Mark Glasky California Market President 1962
Mark Saeger Executive Vice President 1965
Matthew Verney Chief Banking Officer-Philadelphia & South Jersey Market
Mitchell L. Crandell Executive Vice President & Chief Accounting Officer 1971
Terry Keating Head of Asset-Based Lending
Yvonne Surowiec Senior EVP & Chief People Officer 1961

Company Peers

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