VLY, US9197941076

JPMorgan cuts target for Valley National Bancorp stock to USD 15.50

Published on 10/06/2026 at 14:07 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter revenue rose 13.30 percent to USD 560.74 million. Valley National Bancorp stock costs EUR 11.40 on October 6, 2026 versus EUR 11.45.

VLY, US9197941076, Illustration mit AI erstellt.

Valley National Bancorp (ISIN US9197941076) faces a lower JPMorgan price target of USD 15.50, down from USD 17.00, after the bank's October 1, 2026 research update, as Markets Insider reported. The change keeps an Overweight rating on the shares and makes the target revision the clearest current analyst signal for VLY.

JPMorgan trims its target

JPMorgan linked the revision to its third-quarter earnings preview for mid-cap and small-cap banks. The firm also adopted a more cautious sector stance because of expectations for additional interest rate hikes, according to Markets Insider on October 1, 2026.

The analyst move follows Valley's September 28, 2026 announcement that it agreed to acquire digital small-business banking platform Bluevine. The transaction is designed to expand Valley's digital banking reach, and the announcement identifies Valley as NASDAQ-listed VLY, according to Finanzen.

Revenue rises while earnings miss

Valley reported second-quarter 2026 revenue of USD 560.74 million, up 13.30 percent from the comparable period, while earnings per share reached USD 0.30 against a USD 0.31 consensus estimate. MarketBeat reported the figures for the quarter ended June 30, 2026.

That combination gives the stock a mixed operating signal: revenue growth was positive, but the earnings-per-share result fell USD 0.01 short of consensus. The same report puts Valley's net margin at 19.49 percent and return on equity at 9.13 percent for the reported quarter, adding profitability context to the target cut.

October 22 brings the next test

Valley is scheduled to report third-quarter 2026 results before the market opens on October 22, 2026, with a conference call at 11:00 a.m. ET, according to MarketBeat. That date gives investors the next scheduled checkpoint for deposit trends, acquisition execution and earnings delivery.

VLY trades below its prior close

VLY was trading at EUR 11.40 at Lang & Schwarz on October 6, 2026 at 2:03 p.m. CEST, down 0.44 percent versus the EUR 11.45 prior close at Lang & Schwarz on October 5, 2026. The primary-market quote context was USD 12.76 on October 5, 2026, with a 52-week range of USD 9.64 to USD 15.20 and market capitalization of USD 7.1 billion as of October 6, 2026.