Valley National Bancorp (VLY)

In Q1 2025, Valley National Bancorp reported net income of $106 million, with core customer deposits increasing and repayment of higher-cost brokered balances. In Q2 2025, net income increased to $133.2 million, driven by C&I and automobile loan growth, as well as increased non-interest income. Q3 2025 saw net income of $163.4 million, surpassing expectations, with improved net interest margin and core customer deposit growth, leading to a stock rally after an initial decline. Several analysts upgraded the stock and raised price targets, and the company declared a quarterly dividend of $0.11 per share.

While specific data on demand seasonality for Valley National Bancorp's products is not detailed, general banking industry trends suggest some seasonality, influenced by economic cycles, interest rates, and spending patterns. Mortgage applications might increase in warmer months, and business lending could align with industry cycles. Seeking Alpha offers a "VLY Seasonality" tool that displays mean and median monthly returns for the stock, which could indirectly reflect seasonal patterns.

Valley National Bancorp operates as the holding company for Valley National Bank, offering a range of financial products and services including commercial, private banking, retail, insurance, and wealth management services. Its offerings include deposit accounts, various loan types, investment services, trust services, tax credit advisory services, brokerage services, and insurance agency services, catering to niche markets like homeowners associations and cannabis-related businesses.

Valley National Bancorp primarily serves markets in New Jersey, New York, Florida, Alabama, California, and Illinois, operating through over 200 branches and digital platforms. The company is shifting from a Northeast-concentrated, commercial real estate-heavy portfolio to a more geographically diverse footprint with a greater focus on commercial and industrial lending.

Valley National Bank was recognized as one of America's Best Regional Banks and Credit Unions for 2025 by Newsweek and Plant-A Insights Group. It was also named the Best Bank in New Jersey for 2025 by GOBankingRates, highlighting its service and innovative solutions. Valley also won a Culture at Work Award, recognizing its excellence in human capital management and workplace innovation.

Institutional investors hold a significant portion of Valley National Bancorp's stock, ranging from 61.00% to 84.53%, with major holders including WEDGE CAPITAL MANAGEMENT L L P/NC, Dimensional Fund Advisors LP, and Geode Capital Management LLC. Individual owners (insiders) hold approximately 1.4% of the company's stock.