Valley National Bancorp (VLY) 11.85 $0.00 (0.00%) 08:50AM (15 mins delay)


VLY
$11.85    $0.00  (0.00%)

Last: $11.85 High: -
Prev Close: $11.85 Low: -
Open: - Mkt Cap: $3.12B
Change: $0.00 ( 0.00% ) 52Wk High: $12.82
Vol: 0 52Wk Low: $8.80
Avg Volume: 31.29M Shares: 263M
EPS: 0.63 PE Ratio: -

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Company Description

Valley National Bancorp (Valley) is a bank holding company whose principal wholly owned subsidiary is Valley National Bank (Bank). The Bank provides a range of commercial and retail banking services. These services include the acceptance of demand, savings and time deposits; extension of consumer, real estate, commercial loans; equipment leasing; personal and corporate trust, and pension and fiduciary services. The Bank has about 195 full-service banking offices located throughout northern and central New Jersey, and New York City. Valley also owns the voting and shares of VNB Capital Trust I and GCB Capital Trust III, through which it issued trust-preferred securities. On July 1, 2008, Valley completed the acquisition of Greater Community Bancorp, the holding company of Greater Community Bank, a commercial bank. On March 31, 2008, Valley sold its wholly owned broker-dealer subsidiary, Glen Rauch Securities, Inc.

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