Company Information

  

Address: 1455 VALLEY RD  
City: WAYNE 
State: NJ 
Zip Code: 07470 
Telephone: 973-305-3380 

Description of Business

Primary SIC Code: 6021
(As filed with the SEC)  

The disclosures set forth in this item are qualified by Item 1A--Risk Factors and the section captioned "Cautionary Statement Concerning Forward-Looking Statements" in Item 7--Management's Discussion and Analysis of Financial Condition and Results of Operations of this report and other cautionary statements set forth elsewhere in this report. 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, 2016, Valley had consolidated total assets of $22.9 billion, total net loans of $17.1 billion, total deposits of $17.7 billion and total shareholders' equity of $2.4 billion.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
06/20170.700.11016.87
03/20170.660.11017.88
12/20160.630.11018.48
09/20160.450.11021.62
06/20160.430.11021.21
03/20160.430.11022.19
12/20150.420.11023.45
09/20150.520.11018.92

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2016 Leverage 2016
Net Inc/Comm Equity0.08Total Liab/Total Assets0.90
Net Inc/Total Assets0.01Total Liab/Inv Cap0.94
Net Inc/Inv Cap0.01Total Liab/Comm Equity9.60
Pretax Inc/Net Sales0.27Interest Coverage Ratio4.28
Net Inc/Net Sales0.19Curr Debt/Equity0.45
Cash Flow/Net Sales0.48LTD/EquityNA
SG&A/NetSales0.49Total Debt/Equity0.45
Asset Utilization   Liquidity  
Net Receivables Turnover13.35Quick RatioNA
Inventory TurnoverNACurrent RatioNA
Inventory Day SalesNANet Rec/Curr AssetsNA
Net Sales/Work CapNAInv/Curr AssetsNA
Net Sales/PP&E2.99  

Income Statement (Millions)

  9/30/2017 6/30/2017 3/31/2017 12/31/2016
Total Revenues(Net Sales) 237.74 235.84 224.18 233.76
Cost of Goods Sold 26.49 22.88 19.74 19.97
Selling & Admin Exps 121.68 108.95 113.09 108.57
Operating Income NA NA NA NA
Interest Exp 20.30 19.31 16.85 16.73
Pretax Income 56.74 70.78 64.17 68.43
Other Income NA NA NA NA
Net Income Bef Extraordinary ... NA NA NA NA
Net Income 39.65 50.07 46.10 50.09

Balance Sheet (Millions)

Assets 9/30/2017 6/30/2017 3/31/2017 12/31/2016
Cash & Short Term Investments 3,615.19 3,644.11 3,693.39 3,615.45
Receivables - Total 72.06 69.73 68.25 66.82
Inventories - Total NA NA NA NA
Total Current Assets NA NA NA NA
Net Property, Plant & Equipment 289.15 290.00 289.43 291.18
Total Assets 23,780.66 23,449.35 23,220.46 22,864.44
Liabilities        
Accounts Payable 190.27 179.71 170.19 200.13
Debt in Current Liabilities 1,482.71 1,734.44 1,644.96 1,080.96
Total Current Liabilities NA NA NA NA
Long-Term Debt NA NA NA NA
Total Liabilities 21,242.68 21,025.45 20,821.92 20,487.28
Stockholder's Equity        
Minority Interest NA NA NA NA
Preferred Stock 209.69 111.59 111.59 111.59
Common Stock 92.57 92.42 92.37 92.35
Retained Earnings 214.98 207.18 188.09 172.75
Treasury Stock 0.00 -0.22 -1.78 -1.85
Total Stockholders' Equity 2,537.98 2,423.90 2,398.54 2,377.16
Total Liabilities and Stockholders' Equity 23,780.66 23,449.35 23,220.46 22,864.44

Cash Flow Summary (Millions)

Categories 9/30/2017 6/30/2017 3/31/2017 12/31/2016
Net Cash Provided by Operating Activities 180.58 183.25 65.92 271.38
Net Cash Provided by Investing Activities -472.52 -325.86 -454.42 -740.15
Net Cash Provided by Financing Activities 277.98 163.67 332.72 462.14

Annual Summary Data (Millions)

Year Sales Net Income EPS
12/2012792.14143.630.73
12/2013744.75131.960.66
12/2014714.22116.170.56
12/2015790.82102.960.42
12/2016870.15168.150.63
Growth Rates2.384.02-3.62

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional09/30/17281171,29664.79




Report Date : 12/11/2017

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