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Valley National Bancorp  (VLY)
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    Sector  Financial    Industry Money Center Banks


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.
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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