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Stock Market & Financial Investment News

News Breaks
July 30, 2014
07:40 EDTVLYValley National reports Q2 EPS 15c, consensus 14c
Reports Q2 net charge-offs ($2.02M) vs. $7.04M a year ago.
News For VLY From The Last 14 Days
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July 1, 2015
10:00 EDTVLYOn The Fly: Analyst Upgrade Summary
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06:22 EDTVLYValley National upgraded to Neutral from Underweight at JPMorgan
JPMorgan upgraded Valley National (VLY) to Neutral saying interest rates being "low for long" could drive bank stocks above fair value at least over the short-term. The firm raised its price target for Valley to $11 from $9.50. JPMorgan also upgraded BankUnited (BKU) this morning to Overweight. Its top picks in the U.S. Mid- and Small-Cap Banks space are SVB Financial (SIVB), KeyCorp (KEY) and First Republic (FRC).
June 23, 2015
18:05 EDTVLYValley National releases results of 2015 Dodd-Frank Stress Test
Common Equity Tier 1 ratio would be 9.04% in severe adverse scenario and Tier 1 risk-based capital ratio would be 9.04%. Reference Link

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