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Valley National Bancorp (NYSE:VLY) has been downgraded to Sell in a statement by Zacks Investment Research earlier today.

Zacks Investment Research has downgraded Valley National Bancorp (NYSE:VLY) to Sell in a statement released on 7/08/2017.

Boasting a price of $11.92, Valley National Bancorp (NYSE:VLY) traded -0.79% lower on the day. With the last stock price close up -4.81% from the two hundred day average, compared with the S&P 500 Index which has increased 0.05% over the date range. Valley National Bancorp has recorded a 50-day average of $11.81 and a two hundred day average of $11.88. Volume of trade was down over the average, with 1,345,286 shares of VLY changing hands under the typical 1,722,330

Performance Chart

Valley National Bancorp (NYSE:VLY)

With a total market value of $0, Valley National Bancorp has price-earnings ratio of 16.16 with a one year low of $9.15 and a one year high of $12.82 .

Brief Synopsis About Valley National Bancorp (NYSE:VLY)

Valley National Bancorp is the bank holding company for Valley National Bank (the Bank). The Bank provides a range of commercial, retail, insurance and wealth management financial services products. The Company's segments include Consumer Lending, Commercial Lending, Investment Management, and Corporate and Other Adjustments. The Consumer Lending segment primarily includes residential mortgages, home equity loans and automobile loans. The Commercial Lending segment primarily includes floating rate and adjustable rate commercial and industrial loans, as well as fixed rate owner occupied and commercial real estate loans. The Investment Management segment includes the Company's investments in various types of securities. As of July 26, 2017, the Bank operated 200 branch locations serving northern and central New Jersey, the New York City boroughs of Manhattan, Brooklyn, Queens and Long Island, and Florida.

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