VLYPN
Valley National Bancorp 8.250% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series CKey Statistics
About Valley National Bancorp 8.250% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series C
Valley National Bancorp 8.250% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series C (Ticker: VLYPN) represents a unique investment opportunity, offering a robust yield in the form of fixed-rate distributions. As a perpetual preferred security, it provides investors with consistent income while maintaining a claim over the bank's assets prior to common stockholders in the event of a liquidation. Valley National Bancorp, headquartered in New Jersey, is a prominent regional bank known for its diversified financial services, solid asset quality, and strategic growth initiatives. This preferred stock series is particularly attractive to institutional investors seeking stable returns in a low-interest-rate environment while benefiting from the bank's underlying financial strength and growth potential.
Fundamentals
| Revenue (TTM) | $1.94B |
| Gross Profit (TTM) | $1.94B |
| EBITDA | — |
| Operating Margin | 46.40% |
| Return on Equity | 8.56% |
| Return on Assets | 1.04% |
| Revenue/Share (TTM) | $3.47 |
| Book Value | $13.39 |
| Price-to-Book | — |
| Price-to-Sales (TTM) | — |
| EV/Revenue | - |
| EV/EBITDA | — |
| Quarterly Earnings Growth (YoY) | 58.10% |
| Quarterly Revenue Growth (YoY) | 23.80% |
| Shares Outstanding | 0 |
| Float | $546.38M |
| % Insiders | 0.00% |
| % Institutions | 20.25% |
Historical Volatility
Volatility is currently expanding