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Valley National Bancorp (NYSE:VLY)

9.07
Delayed Data
As of Jul 29
 +0.04 / +0.44%
Today’s Change
8.31
Today|||52-Week Range
11.24
-7.92%
Year-to-Date
SECTOR
Finance
INDUSTRY
Regional Banks
MARKET CAP
$2.3B

Company Description

Valley National Bancorp. operates as a bank holding company, which through its subsidiary, Valley National Bank, provides retail and commercial banking services. Its services include depository banking, consumer and commercial lending, trust and pension services. The bank operates through four segments: Commercial Lending; Consumer Lending; Investment Management; and Corporate & Other Adjustments. The Consumer Lending segment provides residential mortgages, home equity loans and automobile loans. The Commercial Lending segment comprises of floating rate and adjustable rate commercial and industrial loans, as well as fixed rate owner occupied and commercial real estate loans. The Investment Management segment comprises of fixed rate investments, trading securities, and depending on liquid cash position, federal funds sold and interest-bearing deposits with banks. The Corporate & Other Adjustments segment represents income and expense items not directly attributable to a specific segment, including trading and securities gains, and net impairment losses on securities not reported in the investment management segment. The company was founded in 1983 and is headquartered in Wayne, NJ.

Contact Information

Valley National Bancorp
1455 Valley Road
Wayne New Jersey 07470-2089
P:(973) 305-8800
Investor Relations:
197330588004005

Employees

Shareholders

Individual stakeholders4.19%
Mutual fund holders32.76%
Other institutional22.69%

Top Executives

Gerald Howard LipkinChairman, President & Chief Executive Officer
Peter P. CrocittoCOO, Director & Senior Executive Vice President
Alan D. EskowCFO, Secretary, Director & Senior Executive VP
Robert J. BarduschChief Information Officer & Executive VP
Ira D. RobbinsTreasurer & Senior Executive Vice President