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, 2017, Valley had consolidated total assets of $24.0 billion, total net loans of $18.2 billion, total deposits of $18.2 billion and total shareholders' equity of $2.5 billion.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
03/20180.530.11023.51
12/20170.580.11019.34
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

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2017 Leverage 2017
Net Inc/Comm Equity0.08Total Liab/Total Assets0.89
Net Inc/Total Assets0.01Total Liab/Inv Cap0.92
Net Inc/Inv Cap0.01Total Liab/Comm Equity9.97
Pretax Inc/Net Sales0.27Interest Coverage Ratio4.31
Net Inc/Net Sales0.17Curr Debt/Equity0.30
Cash Flow/Net Sales0.65LTD/EquityNA
SG&A/NetSales0.48Total Debt/Equity0.30
Asset Utilization   Liquidity  
Net Receivables Turnover13.43Quick RatioNA
Inventory TurnoverNACurrent RatioNA
Inventory Day SalesNANet Rec/Curr AssetsNA
Net Sales/Work CapNAInv/Curr AssetsNA
Net Sales/PP&E3.29  

Income Statement (Millions)

  3/31/2018 12/31/2017 9/30/2017 6/30/2017
Total Revenues(Net Sales) 299.75 248.11 237.74 235.84
Cost of Goods Sold 36.93 28.74 26.49 22.88
Selling & Admin Exps 164.19 113.60 121.68 108.95
Operating Income NA NA NA NA
Interest Exp 22.96 19.80 20.30 19.31
Pretax Income 55.15 61.06 56.74 70.78
Other Income NA 0.00 NA NA
Net Income Bef Extraordinary ... NA NA NA NA
Net Income 41.97 26.10 39.65 50.07

Balance Sheet (Millions)

Assets 3/31/2018 12/31/2017 9/30/2017 6/30/2017
Cash & Short Term Investments 4,388.76 3,752.71 3,615.19 3,644.11
Receivables - Total 86.80 73.99 72.06 69.73
Inventories - Total NA NA NA NA
Total Current Assets NA NA NA NA
Net Property, Plant & Equipment 346.70 287.71 289.15 290.00
Total Assets 29,464.36 24,002.31 23,780.66 23,449.35
Liabilities        
Accounts Payable 232.44 209.46 190.27 179.71
Debt in Current Liabilities 1,618.42 748.63 1,482.71 1,734.44
Total Current Liabilities NA NA NA NA
Long-Term Debt NA NA NA NA
Total Liabilities 26,219.35 21,469.14 21,242.68 21,025.45
Stockholder's Equity        
Minority Interest NA NA NA NA
Preferred Stock 209.69 209.69 209.69 111.59
Common Stock 115.82 92.73 92.57 92.42
Retained Earnings 199.56 216.73 214.98 207.18
Treasury Stock -0.16 -0.34 0.00 -0.22
Total Stockholders' Equity 3,245.00 2,533.17 2,537.98 2,423.90
Total Liabilities and Stockholders' Equity 29,464.36 24,002.31 23,780.66 23,449.35

Cash Flow Summary (Millions)

Categories 3/31/2018 12/31/2017 9/30/2017 6/30/2017
Net Cash Provided by Operating Activities 85.88 189.48 180.58 183.66
Net Cash Provided by Investing Activities -384.34 -294.75 -472.52 -326.26
Net Cash Provided by Financing Activities 379.01 177.56 277.98 163.67

Annual Summary Data (Millions)

Year Sales Net Income EPS
12/2013744.75131.960.66
12/2014714.22116.170.56
12/2015790.82102.960.42
12/2016870.15168.150.63
12/2017945.86161.910.58
Growth Rates6.165.25-3.18

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional06/30/18315184,09455.57




Report Date : 7/16/2018

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