Valley National Bancorp (NASDAQ:VLY - Get Free Report) posted its quarterly earnings results on Thursday. The company reported $0.28 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.26 by $0.02. Valley National Bancorp had a net margin of 12.87% and a return on equity of 5.89%. During the same quarter in the prior year, the business posted $0.18 earnings per share. The business's revenue was up 8.5% compared to the same quarter last year.
Valley National Bancorp (NASDAQ:VLY) Issues Quarterly Earnings Results, Beats Estimates By $0.02 EPS
Valley National Bancorp (NASDAQ:VLY - Get Free Report) posted its quarterly earnings results on Thursday. The company reported $0.28 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.26 by $0.02. Valley National Bancorp had a net margin of 12.87% and a return on equity of 5.89%. During the same quarter in the prior year, the business posted $0.18 earnings per share. The business's revenue was up 8.5% compared to the same quarter last year.