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0.00128040973111393 0.0096030729833547 -0.00448143405889887 0.032650448143406 0.0416133162612035 0.0518565941101152 0.0364916773367478 0.0448143405889884
Stock impact report

CNN Business Videos [CNN]

Valley National Bancorp (VLY) 
Last valley national bancorp earnings: 4/30 08:00 am Check Earnings Report
US:NYSE Investor Relations: valleynationalbank.com
Company Research Source: CNN
New York CNN — The report, citing people familiar with the matter, said bankers are actively trying to “gauge investors' interest in buying stock in the company.” Around 12:30 pm ET the stock was halted from trading pending imminent news. All of this raises more questions over whether the Long Island-based bank is seeing depositors pull their funds. In an update last month, the bank said that deposits were stable and had even increased slightly in the last quarter of 2023. That update came after NYCB reported a surprise loss last quarter in part because of soured commercial real estate loans. Then last week, the bank said in a filing it had identified “material weakness” in the company's controls. The issues caused a $2.4 billion loss to shareholders last quarter, NYCB said. It delayed the release of its required annual financial disclosure, known as a 10-K, to focus on addressing the issues it identified. The bank said it now expects to file its 10-K by March 15. Unless Show less Read more
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