Valley National Bancorp (NYSE:VLY) Earns Hold Rating from Analysts at StockNews.com

StockNews.com started coverage on shares of Valley National Bancorp (NYSE:VLY – Get Rating) in a research note released on Thursday morning. The firm issued a hold rating on the stock.

Valley National Bancorp Price Performance

Shares of NYSE:VLY opened at $9.52 on Thursday. Valley National Bancorp has a 12-month low of $8.86 and a 12-month high of $13.89.

Valley National Bancorp Company Profile

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Valley National Bancorp is a bank holding company, which engages in the provision of retail and commercial banking services. It operates through the following segments: Consumer Lending, Commercial Lending, Investment Management, and Corporate and Other Adjustments. The Consumer Lending segment consists of residential mortgage loans, automobile loans and home equity loans, as well as wealth management and insurance services.