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Valley National Bancorp  (VLY)
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EARNINGS REPORT by CSIMarket

Profits Surge


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Valley National Bancorp announced first quarter 2017 operating income of $64.166 millions



Revenue for the first quarter 2017 increased by 9.67 % to $185 millions in comparison to $169 millions in the prior year quarter, earnings were up by 21.43 % to $0.17, as comparison at $0.14 in the prior year quarter.

Compare to previous quarter eps decreased by -9.53 % from $0.19 per share and Revenue decreased by -4.21 % from $193 millions.

Net income of $46 millions in the first quarter 2017 increased by 27.38 % from net earnings of $36 millions reported in the first quarter 2017 a year ago. Valley National Bancorp also emphasized it's improving profit margins, where net margin rose to 24.9% in first quarter 2017, and operating margin edged up to 34.66%.


Valley National Bancorp is expected to report next financial results on August 08, 2017.
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Other VLY's Earnings Reports

Valley National Bancorp reported forth quarter 2016 earnings

Valley National Bancorp reported third quarter 2016 earnings

Valley National Bancorp reported second quarter 2016 earnings



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