When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.
Be alerted of any news about your stocks and see what other stocks are trending.
VLY - Valley National Bancorp Has Plenty Of Potential For Price Upside
Valley National Bancorp
Valley National Bancorp (VLY) is planning to close acquisition of Oritani Financial in the fourth quarter of 2019, which is expected to increase loans next year. The rise in earning assets is expected to in turn lead to higher earnings in 2020 compared to 2019. Following the third quarter results I've updated my earnings estimates and rolled over my target price to December 2020. I've also decided to maintain a bullish rating on VLY.
Oritani to Boost Loan Book
Acquisition of Oritani Financial Corp (ORIT) is expected to boost VLY's loans