Latest news with #ValleyNationalBancorp
Yahoo
5 hours ago
- Business
- Yahoo
3 Reliable Dividend Stocks Yielding At Least 4.2%
As investors closely monitor trade talks and economic data, the U.S. stock market has seen fluctuations with indices like the Dow Jones Industrial Average inching higher amid ongoing budget bill deliberations. In this environment of uncertainty, dividend stocks yielding at least 4.2% can offer a reliable income stream, providing stability and potential for growth as part of a diversified investment strategy. Name Dividend Yield Dividend Rating Valley National Bancorp (VLY) 4.79% ★★★★★☆ Universal (UVV) 5.71% ★★★★★★ Peoples Bancorp (PEBO) 5.21% ★★★★★☆ First Interstate BancSystem (FIBK) 6.26% ★★★★★★ Ennis (EBF) 5.41% ★★★★★★ Dillard's (DDS) 5.77% ★★★★★★ Credicorp (BAP) 4.92% ★★★★★☆ Columbia Banking System (COLB) 5.88% ★★★★★★ Citizens & Northern (CZNC) 5.74% ★★★★★☆ Chevron (CVX) 4.70% ★★★★★★ Click here to see the full list of 140 stocks from our Top US Dividend Stocks screener. Let's dive into some prime choices out of the screener. Simply Wall St Dividend Rating: ★★★★☆☆ Overview: The Kraft Heinz Company, along with its subsidiaries, manufactures and markets food and beverage products both in North America and internationally, with a market cap of approximately $30.56 billion. Operations: Kraft Heinz generates revenue from three main segments: North America ($19.20 billion), Emerging Markets ($2.73 billion), and International Developed Markets ($3.50 billion). Dividend Yield: 6% Kraft Heinz's dividend yield is among the top 25% in the US market, yet its dividend history reveals volatility and declining payments over the past decade. Despite this, dividends are currently covered by both earnings and cash flows with payout ratios of 72.6% and 62.6%, respectively. Recent index removals could signal shifting investor sentiment, although the stock trades significantly below estimated fair value, potentially offering a relative bargain for value-focused investors. Take a closer look at Kraft Heinz's potential here in our dividend report. Our comprehensive valuation report raises the possibility that Kraft Heinz is priced lower than what may be justified by its financials. Simply Wall St Dividend Rating: ★★★★★☆ Overview: Eastman Chemical Company is a specialty materials company with operations in the United States, China, and internationally, and has a market cap of approximately $8.62 billion. Operations: Eastman Chemical Company's revenue is primarily derived from its Advanced Materials segment at $3.02 billion, Additives & Functional Products at $2.89 billion, Chemical Intermediates at $2.16 billion, and Fibers at $1.28 billion. Dividend Yield: 4.2% Eastman Chemical's dividend yield of 4.25% is reliable and well-covered by earnings (41.3% payout ratio) and cash flows (66.7% cash payout ratio). Despite not being in the top tier of US dividend payers, it offers stable payments with a decade-long growth history. Recent additions to multiple Russell indices may enhance visibility among value-focused investors, while trading below estimated fair value suggests potential for capital appreciation alongside its consistent dividend track record. Click here to discover the nuances of Eastman Chemical with our detailed analytical dividend report. Our valuation report here indicates Eastman Chemical may be undervalued. Simply Wall St Dividend Rating: ★★★★☆☆ Overview: Global Ship Lease, Inc. owns and charters containerships under fixed-rate agreements to container shipping companies globally, with a market cap of approximately $936.97 million. Operations: Global Ship Lease generates its revenue primarily from the transportation and shipping segment, amounting to $715.23 million. Dividend Yield: 8% Global Ship Lease offers an 8.02% dividend yield, placing it in the top 25% of US dividend payers. Despite a volatile dividend history, current payouts are well-covered by earnings (17.7% payout ratio) and cash flows (59.3%). Recent earnings growth and a declared quarterly dividend of US$0.525 per share reflect financial strength, while trading at 80.8% below estimated fair value suggests potential upside for investors seeking both income and value opportunities. Delve into the full analysis dividend report here for a deeper understanding of Global Ship Lease. Insights from our recent valuation report point to the potential undervaluation of Global Ship Lease shares in the market. Reveal the 140 hidden gems among our Top US Dividend Stocks screener with a single click here. Hold shares in these firms? Setup your portfolio in Simply Wall St to seamlessly track your investments and receive personalized updates on your portfolio's performance. Invest smarter with the free Simply Wall St app providing detailed insights into every stock market around the globe. Explore high-performing small cap companies that haven't yet garnered significant analyst attention. Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management. Find companies with promising cash flow potential yet trading below their fair value. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include KHC EMN and GSL. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Wire
2 days ago
- Business
- Business Wire
Valley National Bancorp Announces New General Counsel
MORRISTOWN, N.J.--(BUSINESS WIRE)-- Valley National Bancorp (NASDAQ:VLY), the holding company for Valley National Bank, announced that Lyndsey Sloan has joined the company as Senior Executive Vice President, General Counsel. In this role, Ms. Sloan will oversee the legal function at Valley and serve as a strategic advisor to executive management and the Board of Directors. 'We are excited to welcome Lyndsey to Valley,' said Valley CEO Ira Robbins. 'Lyndsey's deep experience in banking, governance, and complex transactions will help Valley navigate an evolving landscape as we continue to deliver relationship-driven service and solutions to our clients.' Ms. Sloan brings over two decades of legal and leadership experience in the financial services and technology sectors. Most recently, she served as Deputy General Counsel at The Huntington National Bank, where she led a 30-attorney team advising across business lines and functions. Her background includes overseeing regulatory relations, advising on numerous transactions, launching an enterprise-wide patent program to support innovation, and serving as Corporate Secretary to the Board of Directors. Earlier in her career, Ms. Sloan was General Counsel for Global Technology Finance and for a global software company, where she helped lead the sale of the business to its largest competitor. 'I am excited to join Valley's talented leadership team and to contribute to the incredible culture formed by nearly 100 years in banking,' said Ms. Sloan. 'I look forward to collaborating with the leadership team to deliver value to Valley's customers, communities, associates, and shareholders.' Ms. Sloan succeeds Gary Michael, who has retired after more than 19 years of dedicated service to Valley. About Valley As the principal subsidiary of Valley National Bancorp, Valley National Bank is a regional bank with $62 Billion in total assets. Valley is committed to giving people and businesses the power to succeed. Valley operates many convenient branch locations and commercial banking offices across New Jersey, New York, Florida, Alabama, California, and Illinois, and is committed to providing the most convenient service, the latest innovations and an experienced and knowledgeable team dedicated to meeting customer needs. Helping communities grow and prosper is the heart of Valley's corporate citizenship philosophy. To learn more about Valley, go to or call our Customer Care Center at 800-522-4100.
Yahoo
2 days ago
- Business
- Yahoo
Valley National Bancorp Announces New General Counsel
MORRISTOWN, N.J., July 01, 2025--(BUSINESS WIRE)--Valley National Bancorp (NASDAQ:VLY), the holding company for Valley National Bank, announced that Lyndsey Sloan has joined the company as Senior Executive Vice President, General Counsel. In this role, Ms. Sloan will oversee the legal function at Valley and serve as a strategic advisor to executive management and the Board of Directors. "We are excited to welcome Lyndsey to Valley," said Valley CEO Ira Robbins. "Lyndsey's deep experience in banking, governance, and complex transactions will help Valley navigate an evolving landscape as we continue to deliver relationship-driven service and solutions to our clients." Ms. Sloan brings over two decades of legal and leadership experience in the financial services and technology sectors. Most recently, she served as Deputy General Counsel at The Huntington National Bank, where she led a 30-attorney team advising across business lines and functions. Her background includes overseeing regulatory relations, advising on numerous transactions, launching an enterprise-wide patent program to support innovation, and serving as Corporate Secretary to the Board of Directors. Earlier in her career, Ms. Sloan was General Counsel for Global Technology Finance and for a global software company, where she helped lead the sale of the business to its largest competitor. "I am excited to join Valley's talented leadership team and to contribute to the incredible culture formed by nearly 100 years in banking," said Ms. Sloan. "I look forward to collaborating with the leadership team to deliver value to Valley's customers, communities, associates, and shareholders." Ms. Sloan succeeds Gary Michael, who has retired after more than 19 years of dedicated service to Valley. About Valley As the principal subsidiary of Valley National Bancorp, Valley National Bank is a regional bank with $62 Billion in total assets. Valley is committed to giving people and businesses the power to succeed. Valley operates many convenient branch locations and commercial banking offices across New Jersey, New York, Florida, Alabama, California, and Illinois, and is committed to providing the most convenient service, the latest innovations and an experienced and knowledgeable team dedicated to meeting customer needs. Helping communities grow and prosper is the heart of Valley's corporate citizenship philosophy. To learn more about Valley, go to or call our Customer Care Center at 800-522-4100. View source version on Contacts Pam Golden(973) 564-8591pam@
Yahoo
23-06-2025
- Business
- Yahoo
VLY Q1 Deep Dive: Deposit Growth and CRE Portfolio Trends Shape Outlook
Regional banking company Valley National Bancorp (NASDAQ:VLY) fell short of the market's revenue expectations in Q1 CY2025, but sales rose 5.7% year on year to $478.4 million. Its non-GAAP profit of $0.18 per share was in line with analysts' consensus estimates. Is now the time to buy VLY? Find out in our full research report (it's free). Revenue: $478.4 million vs analyst estimates of $485.2 million (5.7% year-on-year growth, 1.4% miss) Adjusted EPS: $0.18 vs analyst estimates of $0.19 (in line) Market Capitalization: $4.86 billion Valley National Bank delivered first quarter results that reflected mixed underlying performance, as revenue growth was offset by pressures in operating income. Management attributed the 5.7% increase in sales to continued expansion in commercial and industrial lending, along with a notable rise in core customer deposits. CEO Ira Robbins emphasized that 'consistent C&I expansion has primarily come from small and middle market businesses where demand continues to percolate.' However, the company also saw incremental spread compression due to heightened competition and lower yields on new loan originations. While net interest income benefited from lower deposit costs, the bank acknowledged headwinds from sluggish commercial real estate activity and a modest seasonal slowdown in certain fee-based businesses. Looking ahead, Valley National Bank's outlook is shaped by expectations for modest loan growth, ongoing improvements in funding costs, and a stable credit environment. Management anticipates loan and net interest income growth to trend toward the lower end of previous guidance, offset in part by disciplined expense management. CFO Travis Lan noted that 'continued growth in lending lines will support low single-digit loan growth for the year,' while also stressing the importance of controlling non-interest expenses. The bank remains focused on further reducing its reliance on higher-cost brokered deposits and expects a gradual pickup in commercial real estate originations as the year progresses. Management highlighted a diversified loan pipeline and resilient small business customers as key supports for future performance. Management pointed to several operational shifts impacting Q1, including deposit mix improvements, ongoing commercial real estate portfolio adjustments, and cost discipline efforts. Deposit mix optimization: Valley National Bank saw strong growth in core customer deposits, which enabled repayment of $700 million in higher-cost brokered balances. Management highlighted that non-interest deposit balances increased for the third consecutive quarter, helping to reduce overall funding costs. CRE portfolio recalibration: The company continued to intentionally shrink its exposure to certain commercial real estate (CRE) investments, with a $350 million decline in regulatory CRE balances. CEO Ira Robbins stated that while CRE concentration is expected to stabilize, future reductions will likely be driven more by growth in other loan categories rather than further portfolio contraction. C&I loan growth momentum: Management reported 9% annualized growth in commercial and industrial (C&I) lending, attributing this to a focus on small and middle market businesses. This expansion helped offset weaker activity in CRE originations during the quarter. Expense control measures: Adjusted non-interest expenses fell 3% sequentially, driven by lower technology, consulting, and marketing costs. CFO Travis Lan emphasized that future expense growth will likely fall to the low end of initial guidance, aiding profitability improvement. Stable credit performance: Non-accrual loans and delinquent balances improved, and net loan charge-offs along with provisions declined meaningfully from the prior quarter. Chief Credit Officer Mark Sager explained that the allowance coverage ratio now stands at a five-year high, reflecting a more stable credit outlook. Management expects future results to hinge on disciplined deposit strategy, commercial lending momentum, and maintaining credit quality as competition intensifies. Deposit cost reduction: Continued efforts to reprice and grow core deposits are expected to drive further declines in funding costs, supporting net interest margin improvement through the rest of the year. Management sees the ongoing runoff of brokered deposits as a key lever for controlling expenses. Loan growth diversification: The bank anticipates that modest growth in C&I and consumer lending will offset slower commercial real estate activity. Management highlighted an expanding loan pipeline, which now exceeds $2.7 billion in potential deals, as a sign of healthy demand despite broader economic uncertainty. Credit and expense discipline: Management expects net charge-offs and loan loss provisions to remain stable or improve, supported by a conservative reserve position. Additionally, strict expense controls are intended to preserve operating leverage even if revenue growth slows. In the coming quarters, the StockStory team will be monitoring (1) continued progress in shifting the funding mix toward lower-cost core deposits, (2) stabilization and potential growth in commercial real estate originations as market conditions evolve, and (3) the ability to sustain double-digit annualized growth in commercial and industrial lending. Execution on expense management and further improvement in credit quality will also be key markers of success. Valley National Bank currently trades at $8.74, up from $8.61 just before the earnings. In the wake of this quarter, is it a buy or sell? Find out in our full research report (it's free). The market surged in 2024 and reached record highs after Donald Trump's presidential victory in November, but questions about new economic policies are adding much uncertainty for 2025. While the crowd speculates what might happen next, we're homing in on the companies that can succeed regardless of the political or macroeconomic environment. Put yourself in the driver's seat and build a durable portfolio by checking out our Top 9 Market-Beating Stocks. This is a curated list of our High Quality stocks that have generated a market-beating return of 183% over the last five years (as of March 31st 2025). Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-micro-cap company Tecnoglass (+1,754% five-year return). Find your next big winner with StockStory today.
Yahoo
10-06-2025
- Business
- Yahoo
3 Reliable Dividend Stocks With Up To 6% Yield
The United States market has shown positive momentum, climbing 1.6% in the last week and up 12% over the past year, with earnings expected to grow by 14% annually in the coming years. In this environment, reliable dividend stocks offering yields of up to 6% can provide a steady income stream while potentially benefiting from overall market growth. Name Dividend Yield Dividend Rating Valley National Bancorp (VLY) 4.94% ★★★★★☆ Universal (UVV) 5.41% ★★★★★★ Huntington Bancshares (HBAN) 3.82% ★★★★★☆ First Interstate BancSystem (FIBK) 6.74% ★★★★★★ Ennis (EBF) 5.39% ★★★★★★ Dillard's (DDS) 6.46% ★★★★★★ CompX International (CIX) 4.99% ★★★★★★ Columbia Banking System (COLB) 6.02% ★★★★★★ Citizens & Northern (CZNC) 6.03% ★★★★★☆ Chevron (CVX) 4.88% ★★★★★★ Click here to see the full list of 144 stocks from our Top US Dividend Stocks screener. Let's review some notable picks from our screened stocks. Simply Wall St Dividend Rating: ★★★★★★ Overview: Columbia Banking System, Inc. is a bank holding company for Umpqua Bank, offering banking, private banking, mortgage, and financial services in the United States with a market cap of approximately $5.03 billion. Operations: Columbia Banking System, Inc.'s revenue is primarily derived from its banking segment, which generated $1.83 billion. Dividend Yield: 6% Columbia Banking System maintains a stable and attractive dividend yield of 6.02%, ranking in the top 25% of US dividend payers. Despite a recent drop in quarterly net income to US$86.61 million, its dividends remain well-covered by earnings with a payout ratio of 60.5%. Recent board changes reflect post-merger integration success with Umpqua Holdings, potentially strengthening governance under new leadership. The company affirmed its next quarterly dividend at US$0.36 per share, payable June 2025. Click to explore a detailed breakdown of our findings in Columbia Banking System's dividend report. Our valuation report unveils the possibility Columbia Banking System's shares may be trading at a discount. Simply Wall St Dividend Rating: ★★★★☆☆ Overview: Independent Bank Corp. is the bank holding company for Rockland Trust Company, offering commercial banking products and services to individuals and small-to-medium sized businesses in the United States, with a market cap of $2.72 billion. Operations: Independent Bank Corp. generates revenue through its Community Banking segment, which amounted to $654.16 million. Dividend Yield: 3.7% Independent Bank Corp. offers a reliable dividend yield of 3.7%, though it falls short of the top 25% in the US market. Recent earnings showed net interest income growth to US$145.51 million, despite a slight dip in net income to US$44.42 million. The payout ratio stands at a reasonable 51.8%, indicating dividends are well-covered by earnings, while its stable dividend history over the past decade adds appeal for income-focused investors. Delve into the full analysis dividend report here for a deeper understanding of Independent Bank. Upon reviewing our latest valuation report, Independent Bank's share price might be too pessimistic. Simply Wall St Dividend Rating: ★★★★★☆ Overview: Regions Financial Corporation is a financial holding company that offers a range of banking and related products and services to individual and corporate customers, with a market cap of approximately $19.82 billion. Operations: Regions Financial Corporation's revenue is primarily derived from its Consumer Bank segment at $3.62 billion, Corporate Bank segment at $2.35 billion, and Wealth Management segment at $672 million. Dividend Yield: 4.5% Regions Financial offers a stable and growing dividend, currently yielding 4.54%, though it trails behind the top 25% of US dividend payers. The company's dividends have been consistent over the past decade, supported by a low payout ratio of 47.6%. Recent earnings showed net income growth to US$490 million, underscoring strong financial health. Strategic leadership changes and share buybacks further bolster its position for sustained dividend reliability. Get an in-depth perspective on Regions Financial's performance by reading our dividend report here. In light of our recent valuation report, it seems possible that Regions Financial is trading behind its estimated value. Navigate through the entire inventory of 144 Top US Dividend Stocks here. Shareholder in one or more of these companies? Ensure you're never caught off-guard by adding your portfolio in Simply Wall St for timely alerts on significant stock developments. Simply Wall St is a revolutionary app designed for long-term stock investors, it's free and covers every market in the world. Explore high-performing small cap companies that haven't yet garnered significant analyst attention. Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management. Find companies with promising cash flow potential yet trading below their fair value. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include COLB INDB and RF. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
