Valley National Bancorp: Acquisition-Related Benefits In The Limelight

Dec. 24, 2021 6:28 PM ETValley National Bancorp (VLY)3 Comments
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Sheen Bay Research


  • Acquisition-driven loan growth will likely boost the net interest income for next year.
  • The rising interest-rate environment will help lift the moderately-sensitive net interest margin.
  • Recent additions to the team will likely keep the non-interest expense elevated through 2022.
  • The December 2022 target price suggests a high upside from the current market price. Further, VLY is offering a decent dividend yield.
Brooklyn Bridge and skyline New York City USA Manhattan

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The recently completed acquisition of Westchester Bank and the upcoming acquisition of Bank Leumi USA will likely be the chief drivers of Valley National Bancorp’s (NASDAQ: NASDAQ:VLY) balance sheet growth next year. These acquisitions will lift the average loan portfolio size, which

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Around 10 years of experience covering Banks and Macroeconomics. Passionate about discovering lucrative investments and generating alpha.

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