Valley National Bancorp: Potentially Undervalued, But Still Not A Buy
Source: SeekingAlpha
2025-07-07 15:49:25 ET
In my last article on Valley National Bancorp ( VLY ) in early 2025, I highlighted management's plan to reduce the riskiness of its balance sheet, which was too heavily weighted toward CRE loans. In addition, the steady decline in the average cost of deposits gave me hope for an improvement in NIM, which has indeed materialized. ...
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Valley National Bancorp: Potentially Undervalued, But Still Not A Buy
Valley National Bancorp 6.25% Fixed-to-Floating Rate Series A Non-Cumulative Perpetual Preferred Stock
NASDAQ: VLYPP
VLYPP Trading
0.12% G/L:
$25.10 Last:
16,461 Volume:
$25.07 Open:
