VLYPP News and Press, Valley National Bancorp 6.25% Fixed-to-Floating Rate Series A Non-Cumulative Perpetual Preferred Stock From 10/27/22

The following slide deck was published by Valley National Bancorp in conjunction with their 2022 Q3 earnings call. For further details see: Valley National Bancorp 2022 Q3 - Results - Earnings Call Presentation

Summary We take a look at the action in preferreds and baby bonds through the second week of October and highlight some of the key themes we are watching. Preferreds struggled this week as Treasury yields rose across the yield curve. The inverted yield curve is increasing the ...

Summary Short-term rates have risen sharply this year as the Fed tries to rein in inflation. To take advantage of rising rates, many investors turn to bank loans as their first and only floating-rate holding. We highlight a few other floating-rate sectors that look more attrac...

Summary Market volatility has risen significantly over the first half of the year from its more subdued level over 2021. We highlight a number of investment strategies that address this elevated level of market volatility. These strategies range from higher-quality longer-dura...

Valley National Bancorp (VLY) Q2 2022 Earnings Conference Call July 28, 2022 11:00 AM ET Company Participants Travis Lan - Head of IR Ira Robbins - President & CEO Tom Iadanza - President Mike Hagedorn - CFO Conference Call Participants Michae...

The following slide deck was published by Valley National Bancorp in conjunction with their 2022 Q2 earnings call. For further details see: Valley National Bancorp 2022 Q2 - Results - Earnings Call Presentation

We take a look at the action in preferreds and baby bonds through the first full week of July and highlight some of the key themes we are watching. Preferreds continue to recover slowly from their previous drop in early June, supported by lower credit spreads. We take a longer-ter...

Valley National Bancorp is a serial acquirer and has already closed two acquisitions in the past three quarters, adding almost $10B in assets. The premium to the tangible book value has decreased, making the stock more appealing. I'm still on the sidelines but a 4.2% dividend yiel...

How the market environment will develop in the medium term is highly uncertain due to an unusual post-pandemic recovery, an unusually high level of inflation and a Fed hiking path. We discuss how income investors can aim to build an All-Weather portfolio - a portfolio that combines di...

We take a look at the action in preferreds and baby bonds through the third week of May and highlight some of the key themes we are watching. Preferreds were up a bit during the week - a nice pause after six weeks of negative returns. The low-coupon issuance wave has finally come ...