Company Quick10K Filing
Valley National Bancorp
Closing Price ($) Shares Out (MM) Market Cap ($MM)
$0.00 333 $3,439
10-Q 2019-11-07 Quarter: 2019-09-30
10-Q 2019-08-08 Quarter: 2019-06-30
10-Q 2019-05-09 Quarter: 2019-03-31
10-K 2019-02-28 Annual: 2018-12-31
10-Q 2018-11-08 Quarter: 2018-09-30
10-Q 2018-08-08 Quarter: 2018-06-30
10-Q 2018-05-09 Quarter: 2018-03-31
10-K 2018-03-01 Annual: 2017-12-31
10-Q 2017-11-07 Quarter: 2017-09-30
10-Q 2017-08-07 Quarter: 2017-06-30
10-Q 2017-05-08 Quarter: 2017-03-31
10-K 2017-02-28 Annual: 2016-12-31
10-Q 2016-11-08 Quarter: 2016-09-30
10-Q 2016-08-08 Quarter: 2016-06-30
10-Q 2016-05-09 Quarter: 2016-03-31
10-K 2016-02-29 Annual: 2015-12-31
10-Q 2015-11-06 Quarter: 2015-09-30
10-Q 2015-08-07 Quarter: 2015-06-30
10-Q 2015-05-08 Quarter: 2015-03-31
10-K 2015-02-27 Annual: 2014-12-31
10-Q 2014-11-07 Quarter: 2014-09-30
10-Q 2014-08-08 Quarter: 2014-06-30
10-Q 2014-05-07 Quarter: 2014-03-31
10-K 2014-03-03 Annual: 2013-12-31
10-Q 2013-11-08 Quarter: 2013-09-30
10-Q 2013-08-08 Quarter: 2013-06-30
10-Q 2013-05-09 Quarter: 2013-03-31
10-K 2013-02-28 Annual: 2012-12-31
10-Q 2012-11-09 Quarter: 2012-09-30
10-Q 2012-08-09 Quarter: 2012-06-30
10-Q 2012-05-08 Quarter: 2012-03-31
10-K 2012-02-28 Annual: 2011-12-31
10-Q 2011-11-07 Quarter: 2011-09-30
10-Q 2011-08-09 Quarter: 2011-06-30
10-Q 2011-05-09 Quarter: 2011-03-31
10-K 2011-03-01 Annual: 2010-12-31
10-Q 2010-11-08 Quarter: 2010-09-30
10-Q 2010-08-06 Quarter: 2010-06-30
10-Q 2010-05-07 Quarter: 2010-03-31
10-K 2010-02-26 Annual: 2009-12-31
8-K 2019-12-01 M&A, Officers, Other Events, Exhibits
8-K 2019-11-14 Shareholder Vote, Other Events, Exhibits
8-K 2019-10-25 Other Events, Exhibits
8-K 2019-10-24 Earnings, Regulation FD
8-K 2019-08-22 Other Events, Exhibits
8-K 2019-07-25 Earnings, Regulation FD
8-K 2019-07-17 Officers, Exhibits
8-K 2019-06-26 Regulation FD, Other Events
8-K 2019-06-25 Enter Agreement, Exhibits
8-K 2019-04-25 Earnings, Regulation FD
8-K 2019-04-17 Shareholder Vote
8-K 2019-03-26 Other Events, Regulation FD, Exhibits
8-K 2019-02-13 Enter Agreement, Regulation FD, Exhibits
8-K 2019-02-04 Officers, Exhibits
8-K 2019-01-31 Earnings, Regulation FD
8-K 2019-01-30 Officers
8-K 2019-01-22 Officers
8-K 2018-10-25 Earnings, Regulation FD
8-K 2018-10-24 Amend Bylaw, Exhibits
8-K 2018-09-24
8-K 2018-07-26 Earnings, Regulation FD
8-K 2018-07-24 Officers
8-K 2018-04-26 Earnings, Regulation FD
8-K 2018-04-20 Shareholder Vote
8-K 2018-03-12 Regulation FD, Exhibits
8-K 2018-03-06 Regulation FD, Exhibits
8-K 2018-02-07 Regulation FD, Exhibits
8-K 2018-01-25 Earnings, Regulation FD
8-K 2018-01-02 M&A, Officers, Other Events

Valley National Bancorp Financials

VLY Metrics, Comps, Filings

Annual | Quarterly

Business

Valley National Bancorp, headquartered in Wayne, New Jersey, is a New Jersey corporation organized in 1983 and is registered as a bank holding company with the Board of Governors of the Federal Reserve System under the Bank Holding Company Act of 1956, as amended ("Holding Company Act"). The words "Valley," "the Company," "we," "our" and "us" refer to Valley National Bancorp and its wholly owned subsidiaries, unless we indicate otherwise. At December 31, 2018, Valley had consolidated total assets of $31.9 billion, total net loans of $24.9 billion, total deposits of $24.5 billion and total shareholders' equity of $3.4 billion. In addition to its principal subsidiary, Valley National Bank (commonly referred to as the "Bank" in this report), Valley owns all of the voting and common shares of GCB Capital Trust III, State Bancorp Capital Trusts I and II, and Aliant Statutory Trust II at December 31, 2018 through which trust preferred securities were issued. These trusts are not consolidated subsidiaries. See Note 11 to the consolidated financial statements.

Valley National Bank is a national banking association chartered in 1927 under the laws of the United States. Currently, the Bank has 220 branches serving northern and central New Jersey, the New York City boroughs of Manhattan, Brooklyn and Queens, Long Island, Florida and Alabama. The Bank offers commercial, retail, insurance and wealth management financial services products. The Bank also 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 safe deposit facilities. In addition, certain international banking services are available to customers including standby letters of credit, documentary letters of credit and related products, and certain ancillary services such as foreign exchange transactions, documentary collections, foreign wire transfers, as well as transaction accounts for non-resident aliens.

Valley National Bank's wholly-owned subsidiaries are all included in the consolidated financial statements of Valley (See Exhibit 21 at Part IV, Item 15 for a list of subsidiaries). These subsidiaries include, but are not limited to:


Valuation ($BB)

Market Cap, Enterprise Value

Balance Sheet ($BB)

Assets, Stockholders' Equity

Income Statement ($BB Annual)

Revenue, Gross Profit, Net Income

Cash Flow ($BB Annual)

Operating, Investing, Financing

Comps ($MM TTM) Market Cap Gross Margin EV/EBITDA Ret on Assets Assets Liabilities Revenue G Profit Net Income EBITDA EV
Iberiabank (IBKC) 4,023 5.7 1% 31,447 27,209 0 0 433 805 4,609
FNB (FNB) 3,765 6.0 1% 33,903 29,150 0 0 390 765 4,604
United Bankshares (UBSI) 3,716 10.6 1% 19,883 16,549 0 0 259 498 5,264
First Hawaiian (FHB) 3,461 0% 6.9 1% 20,526 17,867 752 0 270 462 3,177
Valley National Bancorp (VLY) 3,439 5.4 1% 33,028 29,524 0 0 336 889 4,784
Associated BancCorp (ASB) 3,433 0% 4.6 1% 33,273 29,373 1,232 0 346 805 3,673
Hancock Whitney (HWC) 3,415 10.5 0% 28,762 25,443 0 0 0 311 3,283
Glacier Bancorp (GBCI) 3,406 0% 11.0 2% 12,676 10,989 79 0 200 289 3,175
Community Bank System (CBU) 3,370 9.4 2% 10,745 8,936 0 0 171 267 2,495
Bank of Hawaii (BOH) 3,345 8.2 1% 17,689 16,403 0 0 227 360 2,966
MB Financial (MBFI) 3,338 8.5 1% 20,207 17,172 0 0 214 356 3,037
TCF Financial (TCF) 3,265 6.1 1% 24,419 21,773 0 0 310 764 4,642
Home Bancshares (HOMB) 3,159 9.4 0% 15,288 12,866 0 0 0 276 2,602
UMB Financial (UMBF) 3,095 3.5 1% 24,016 21,538 0 0 198 458 1,601
Centerstate Bank (CSFL) 2,988 6.8 1% 17,037 14,146 0 0 188 315 2,151
Texas Capital Bancshares (TCBI) 2,987 -0.8 1% 29,970 27,302 0 0 318 823 -658
Investors Bancorp (ISBC) 2,968 0% 4.3 1% 27,064 24,137 12 0 182 632 2,713
CVB Financial (CVBF) 2,942 9.9 2% 11,172 9,235 0 0 188 279 2,766
Chemical Financial (CHFC) 2,899 5.3 1% 22,492 19,538 0 0 276 514 2,732
Old National Bancorp (ONB) 2,876 0% 6.2 1% 20,145 17,342 96 0 218 415 2,575

Balance Sheet ($MM)2010-12-312011-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-31
Cash3664334786369416429
Accounts Receivable
Inventory
PP&E266265528283299291288342
Assets14,1441,4841,7342,0662,5242,69724,00231,863
Accounts Payable
Long-Term Debt2,9342,7261221312312372,3161,654
Liabilities12,84912,97814,61616,93119,40620,48721,46928,513
Stockholders' Equity1,2951,2661,5411,8632,2072,3772,5333,350
Income Statement ($MM)2010-12-312011-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-31
Revenue
Cost of Revenue
Gross Profit
R&D
SG&A
Tax56-5153450279168
Net Income131134132116103168162261
Cash Flow ($MM)2010-12-312011-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-31
Cash Operating27910811311590121619594
Cash Investing429-37114-215-105-1,548-3,130
Cash Financing-1,003-109-140-85110-109522,548