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0 0 -0.00751173708920188 -0.00751173708920188 0.041943661971831 0.041943661971831 0.00938967136150231 0.000938967136150215
Stock impact report

Is Valley National Bancorp (VLY) the Best Undervalued Stock Under $20 to Buy? [Yahoo! Finance]

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: Yahoo! Finance
Buy . On October 27, TD Cowen lifted its price target on the stock to $15 from $14, while maintaining a Buy rating on its shares. Is Valley National Bancorp (VLY) the Best Undervalued Stock Under $20 to Buy? The firm said the company is on track to expand its net interest margin (NIM) better than competitors, given its lower deposit costs, robust commercial and industrial (C&I) lending pipeline, and benefits from asset repricing. TD Cowen's adjustment on the stock followed the company's Q3 FY25 earnings call on October 23, during which management noted a 56-basis-point reduction in its average cost of deposits since Q3 2024. The company added that it expects this momentum to continue through the fourth quarter and into fiscal 2026. Moreover, this was the second consecutive quarter of 3% NIM growth, and the sixth successive quarter of improvement for the metric, driven by asset repricing and sequential increases in average non-interest deposits. Valley National Bancorp (NASDA Show less Read more
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