Valley National Bancorp's Q3 EPS beats estimates, driven by higher yields on new loans

Valley National Bancorp

23/10/2025 12:17

Overview

Valley National Bancorp Q3 2025 revenue and adjusted EPS beat analyst expectations

Net interest margin increased to 3.05% due to higher yields on new loans

Company repurchased 1.3 mln shares, reflecting confidence in financial position

Outlook

Valley National Bancorp did not provide specific financial guidance for future quarters in its press release

Result Drivers

NET INTEREST INCOME - Driven by higher yields on new loan originations and increases in average loans and taxable investments

NON-INTEREST INCOME - Increased due to growth in service charges and wealth management fees

LOAN PORTFOLIO DECLINE - Decrease in commercial real estate and industrial loans due to targeted runoff and repayment activities

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Beat
$511.11 mln
$510.85 mln (11 Analysts)
Q3 Adjusted EPS
Beat
$0.28
$0.25 (14 Analysts)
Q3 EPS
$0.28
Q3 Adjusted Net Income
Beat
$164.10 mln
$146.36 mln (12 Analysts)
Q3 Net Income
$163.35 mln
Q3 Provision For Credit losses
$19.17 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 11 "strong buy" or "buy", 3 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the banks peer group is "buy"

Wall Street's median 12-month price target for Valley National Bancorp is $13.00, about 21.1% above its October 21 closing price of $10.26

The stock recently traded at 9 times the next 12-month earnings vs. a P/E of 9 three months ago

Press Release: ID:nGNX7tvVnN

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)