VLY, US9197941076

JPMorgan cuts target for Valley National Bancorp stock to USD 15.50

Published on 10/08/2026 at 16:53 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Q2 GAAP net income was USD 170.90 million versus USD 133.20 million. Valley National Bancorp stock costs EUR 11.15, unchanged on October 8, 2026.

Key points in brief

JPMorgan cut Valley National Bancorp's price target from USD 17.00 to USD 15.50 on October 1, 2026.
Valley National agreed to acquire Bluevine for USD 340.00 million, adding USD 2.10 billion in deposits and 175,000 customers.
Second-quarter 2026 GAAP net income reached USD 170.90 million, compared with USD 133.20 million a year earlier.
The Lang & Schwarz price was EUR 11.15 on October 8, 2026, unchanged from the prior close.
Third-quarter 2026 results are scheduled for October 22, 2026.

VLY, US9197941076, Illustration mit AI erstellt.

Valley National Bancorp (ISIN US9197941076) was subject to JPMorgan's October 1, 2026 target cut from USD 17.00 to USD 15.50, according to Markets Insider. The bank retained an Overweight rating, putting the analyst action alongside a planned October 22 earnings release.

Three dates chart the story

On July 23, 2026, Valley reported second-quarter GAAP net income of USD 170.90 million, or USD 0.29 diluted earnings per share, compared with USD 133.20 million and USD 0.22 in the second quarter of 2025, according to CEO.CA. Total revenue reached USD 560.74 million in the same quarter, while the net interest margin rose to 3.20 percent from 3.01 percent a year earlier.

On September 28, 2026, Valley agreed to acquire Bluevine for USD 340.00 million. The transaction brings USD 2.10 billion in deposits and 175,000 active small-business customers, according to StockTitan.

On October 7, 2026, Valley announced that its third-quarter results would be released before the market opened on October 22, with an 8:30 a.m. ET conference call, according to GlobeNewswire. The release identified Valley as a NASDAQ-listed regional bank with more than USD 66.00 billion in assets.

What does Bluevine add?

The acquisition gives Valley a measurable digital-banking entry point: 175,000 customers and USD 2.10 billion in deposits. The filing also says the platform's deposits grew at a 35.00 percent compound annual rate from 2023 through the second quarter of 2026, while the transaction is expected to be 8.00 percent accretive to estimated 2028 earnings per share, including synergies.

The strategic benefit comes with a balance-sheet trade-off. Valley expects approximately 5.00 percent tangible book value dilution at closing, with an estimated earn-back period of three years, according to StockTitan. That makes the October 22 report important for evidence of deposit growth and credit quality, not only for the acquisition's headline scale.

Dates and market position

Valley's next scheduled event is the third-quarter earnings release on October 22, 2026, followed by the 8:30 a.m. ET conference call the same date. The company said the webcast archive will remain available through November 23, 2026.

For the second quarter of 2026, total loans reached USD 52.47 billion and deposits stood at USD 54.12 billion. Non-accrual loans were USD 462.63 million, or 0.88 percent of total loans, a credit-quality measure that will frame how investors assess the Bluevine expansion.

VLY price holds at EUR 11.15

VLY was trading at EUR 11.15 at Lang & Schwarz on October 8, 2026 at 4:41 p.m. CEST, unchanged from the prior close of EUR 11.15 on October 7, 2026. The primary exchange is NASDAQ, where the finance quote showed USD 12.47 at 2:51 p.m. UTC on October 8, 2026, with a 52-week range of USD 9.64 to USD 15.20 and market capitalization of USD 6.9 billion.

The further course of trading is shown by the continuously updated real-time quote of Valley National Bancorp stock.