Valley National Bancorp (NASDAQ:VLY) Downgraded by Keefe, Bruyette & Woods to Market Perform

Posted by Brenda Bartman on Nov 9th, 2026

Valley National Bancorp (NASDAQ:VLY – Get Free Report) was downgraded by Keefe, Bruyette & Woods from an “outperform” rating to a “market perform” rating in a report released on Monday, FinViz reports. They presently have a $17.00 price target on the stock. Keefe, Bruyette & Woods‘s target price indicates a potential upside of 18.10% from the company’s previous close.

VLY has been the topic of several other reports. UBS Group increased their price target on shares of Valley National Bancorp from $15.00 to $16.00 and gave the company a “buy” rating in a research note on Friday, October 23rd. Morgan Stanley boosted their price objective on shares of Valley National Bancorp from $16.00 to $17.00 and gave the stock an “equal weight” rating in a research report on Friday, October 23rd. Weiss Ratings upgraded shares of Valley National Bancorp from a “buy (b-)” rating to a “buy (b)” rating in a report on Friday, October 16th. Citigroup increased their target price on shares of Valley National Bancorp from $18.00 to $18.50 and gave the company a “buy” rating in a research report on Monday, October 26th. Finally, Cantor Fitzgerald lifted their price target on shares of Valley National Bancorp from $16.00 to $17.00 and gave the stock an “overweight” rating in a research note on Wednesday, July 15th. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat, Valley National Bancorp presently has a consensus rating of “Moderate Buy” and an average price target of $16.86.

View Our Latest Report on Valley National Bancorp

Valley National Bancorp Stock Up 2.2%

Shares of VLY traded up $0.32 during mid-day trading on Monday, reaching $14.39. The company’s stock had a trading volume of 5,380,464 shares, compared to its average volume of 7,128,759. Valley National Bancorp has a 12-month low of $10.34 and a 12-month high of $15.20. The stock has a market cap of $7.95 billion, a PE ratio of 11.43 and a beta of 1.09. The company has a debt-to-equity ratio of 0.35, a current ratio of 0.96 and a quick ratio of 0.96. The company’s 50 day moving average is $13.40 and its 200 day moving average is $13.50.

Valley National Bancorp (NASDAQ:VLY – Get Free Report) last posted its earnings results on Thursday, October 22nd. The company reported $0.36 earnings per share for the quarter, topping the consensus estimate of $0.33 by $0.03. The firm had revenue of $581.10 million during the quarter, compared to analysts’ expectations of $577.82 million. Valley National Bancorp had a return on equity of 9.63% and a net margin of 20.44%. During the same quarter in the previous year, the business earned $0.28 earnings per share. Equities analysts anticipate that Valley National Bancorp will post 1.29 EPS for the current fiscal year.

Hedge Funds Weigh In On Valley National Bancorp

A number of hedge funds have recently modified their holdings of VLY. Hantz Financial Services Inc. boosted its holdings in Valley National Bancorp by 7.4% in the 3rd quarter. Hantz Financial Services Inc. now owns 32,536 shares of the company’s stock valued at $411,000 after purchasing an additional 2,250 shares in the last quarter. Virtus Advisers LLC increased its position in Valley National Bancorp by 16.1% during the 3rd quarter. Virtus Advisers LLC now owns 35,953 shares of the company’s stock worth $454,000 after purchasing an additional 4,994 shares during the period. William Blair Investment Management LLC acquired a new position in Valley National Bancorp during the 3rd quarter worth approximately $15,387,000. Eurizon Capital SGR S.p.A. raised its stake in shares of Valley National Bancorp by 140.3% during the 3rd quarter. Eurizon Capital SGR S.p.A. now owns 4,361 shares of the company’s stock worth $56,000 after buying an additional 2,546 shares in the last quarter. Finally, Ritholtz Wealth Management raised its stake in shares of Valley National Bancorp by 4.4% during the 3rd quarter. Ritholtz Wealth Management now owns 25,582 shares of the company’s stock worth $323,000 after buying an additional 1,082 shares in the last quarter. 61.00% of the stock is currently owned by hedge funds and other institutional investors.

Valley National Bancorp Company Profile

(Get Free Report)

Valley National Bancorp is a bank holding company whose principal subsidiary, Valley National Bank, provides banking and financial services to individuals, businesses and institutions. Its offerings include deposit accounts, commercial and residential lending, consumer loans, cash management and other business banking services, as well as wealth management and insurance services.

Founded in 1927, Valley is headquartered in Morristown, New Jersey. Its banking network serves customers in New Jersey, New York, Florida, Alabama and California, with services also available through digital channels.

Ira Robbins is Valley National Bancorp’s president and chief executive officer.