Valley National Bancorp declares quarterly dividends for preferred and common stock, payable June and July 2025.
Quiver AI Summary
Valley National Bancorp announced its regular dividends for both preferred and common stock, declaring cash dividends that will be paid to shareholders of record on June 13, 2025. The preferred stock dividends include amounts ranging from $0.390625 to $0.515625 per share across different series, all payable on June 30, 2025. Additionally, a cash dividend of $0.11 per share for common stock will be paid on July 1, 2025, which remains unchanged from the previous quarter. Valley National Bank operates as a regional bank with $62 billion in assets and emphasizes its commitment to customer service and community support. The announcement includes forward-looking statements that reflect management's expectations and strategies, highlighting potential risks and uncertainties that could impact actual results.
Potential Positives
- Valley National Bancorp announced regular preferred and common dividends, demonstrating a commitment to returning value to shareholders.
- The cash dividend on common stock was unchanged from the previous quarter, indicating stability in the company's financial performance.
- The bank's total assets of $62 billion highlight its significant presence in the regional banking sector.
- Valley National Bank emphasizes its commitment to community growth and customer service, enhancing its reputation and customer loyalty.
Potential Negatives
- The common stock cash dividend amount per share remained unchanged compared to the previous quarter, which may indicate stagnation or lack of growth in dividends for shareholders.
- The press release includes a disclaimer about forward-looking statements, highlighting risks and uncertainties that could affect future performance, which may raise concerns among investors.
- The reliance on non-cumulative perpetual preferred stock dividends may reflect limitations on the company’s financial flexibility and commitment to common shareholders.
FAQ
What are the dividend amounts for Valley National Bancorp in 2025?
Valley announced a cash dividend of $0.390625 for Series A, $0.514326 for Series B, $0.515625 for Series C, and $0.11 for common stock.
When will the dividends be paid out to shareholders?
The dividends will be paid on June 30, 2025, for preferred stocks and on July 1, 2025, for common stock.
How often does Valley National Bancorp declare dividends?
Valley National Bancorp declares dividends quarterly, as per their regular announcement schedule.
Where can I find more information about Valley National Bancorp?
More information can be found on Valley's website at www.valley.com or by calling their Customer Care Center at 800-522-4100.
What should investors know about future dividends?
The common cash dividend should not be seen as an indicator of future dividends for Valley's common stockholders.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$VLY Insider Trading Activity
$VLY insiders have traded $VLY stock on the open market 4 times in the past 6 months. Of those trades, 2 have been purchases and 2 have been sales.
Here’s a breakdown of recent trading of $VLY stock by insiders over the last 6 months:
- JOSEPH CHILLURA (SEVP, CML Banking President) has made 0 purchases and 2 sales selling 100,000 shares for an estimated $1,030,500.
- EYAL EFRAT purchased 196 shares for an estimated $1,795
- NITZAN SANDOR purchased 110 shares for an estimated $1,126
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$VLY Hedge Fund Activity
We have seen 216 institutional investors add shares of $VLY stock to their portfolio, and 177 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- BALYASNY ASSET MANAGEMENT L.P. removed 5,525,782 shares (-67.1%) from their portfolio in Q1 2025, for an estimated $49,124,201
- AQR CAPITAL MANAGEMENT LLC added 5,147,786 shares (+101.5%) to their portfolio in Q1 2025, for an estimated $45,763,817
- UBS GROUP AG added 4,807,042 shares (+239.9%) to their portfolio in Q1 2025, for an estimated $42,734,603
- FREESTONE GROVE PARTNERS LP added 3,998,897 shares (+inf%) to their portfolio in Q1 2025, for an estimated $35,550,194
- WEDGE CAPITAL MANAGEMENT L L P/NC added 3,631,722 shares (+inf%) to their portfolio in Q1 2025, for an estimated $32,286,008
- CITADEL ADVISORS LLC removed 3,565,930 shares (-93.7%) from their portfolio in Q1 2025, for an estimated $31,701,117
- GOLDMAN SACHS GROUP INC added 3,091,169 shares (+43.4%) to their portfolio in Q1 2025, for an estimated $27,480,492
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
NEW YORK, May 20, 2025 (GLOBE NEWSWIRE) -- Valley National Bancorp ( NASDAQ:VLY ) (“Valley”), the holding company for Valley National Bank, announced today its regular preferred and common dividends. The declared quarterly dividends to shareholders of record on June 13, 2025 are as follows:
- A cash dividend of $0.390625 per share to be paid June 30, 2025 on Valley’s Non-Cumulative Perpetual Preferred Stock Series A;
- A cash dividend of $0.514326 per share to be paid June 30, 2025 on Valley’s Non-Cumulative Perpetual Preferred Stock Series B;
- A cash dividend of $0.515625 per share to be paid June 30, 2025 on Valley’s Non-Cumulative Perpetual Preferred Stock Series C; and
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A cash dividend of $0.11 per share will be paid July 1, 2025 on Valley’s common stock.
The common stock cash dividend amount per share was unchanged as compared to the previous quarter dividend. The common cash dividend should not be used as an indicator of future dividends to Valley’s common stockholders.
About Valley
As the principal subsidiary of Valley National Bancorp, Valley National Bank is a regional bank with $62 billion in assets. Valley is committed to giving people and businesses the power to succeed. Valley operates many convenient branch locations and commercial banking offices in New Jersey, New York, Florida, Alabama, California, and Illinois and is committed to providing the most convenient service, the latest innovations and an experienced and knowledgeable team dedicated to meeting customer needs. Helping communities grow and prosper is the heart of Valley’s corporate citizenship philosophy. To learn more about Valley, go to www.valley.com or call our Customer Care Center at 800-522-4100.
Forward Looking Statements
The foregoing contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements are not historical facts and include expressions about management’s confidence and strategies and management’s expectations about Valley’s business, new and existing programs and products, acquisitions, relationships, opportunities, taxation, technology, market conditions and economic expectations. These statements may be identified by such forward-looking terminology as “intend,” “should,” “expect,” “believe,” “view,” “opportunity,” “allow,” “continues,” “reflects,” “typically,” “usually,” “anticipate,” “may,” “estimate,” “outlook,” “project,” or similar statements or variations of such terms. Such forward-looking statements involve certain risks and uncertainties. Valley’s actual results may differ materially from such forward-looking statements. Factors that may cause actual results to differ materially from those contemplated by such forward-looking statements include, but are not limited to those risk factors disclosed in Valley’s Annual Report on Form 10-K for the year ended December 31, 2024.
| Contact: | Travis Lan |
| Senior Executive Vice President and | |
| Chief Financial Officer | |
| (973) 686-5007 |
