VLY, US9197941076

Keefe Bruyette raises target for Valley National stock from USD 16 to USD 17

Published on 10/15/2026 at 13:27 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

The October 6, 2026 note kept Market Perform. Valley National stock costs EUR 11.10 on October 15, 2026 at a USD 6.9 billion market value.

Analyst target and acquisition strategy

Keefe Bruyette & Woods raised its target from USD 16.00 to USD 17.00 on October 6, 2026.
Valley National agreed to acquire Bluevine for USD 340 million on September 28, 2026.
Valley National stock traded at EUR 11.10 at 1:16 p.m. CEST at Lang & Schwarz on October 15, 2026.

VLY, US9197941076, Illustration mit AI erstellt.

Valley National Bancorp (ISIN US9197941076) saw Keefe, Bruyette & Woods raise its price target from USD 16.00 to USD 17.00 on October 6, 2026, while retaining a Market Perform rating, according to Investing.com. At Lang & Schwarz, the stock was trading at EUR 11.10 on October 15, 2026 at 1:16 p.m. CEST.

Acquisitions drive the target revision

The analyst update followed Valley National's expansion push. On September 28, 2026, the bank announced an agreement to acquire digital small business banking platform Bluevine for USD 340 million, as MarketBeat reported. The transaction would add USD 2.1 billion in deposits and 175,000 small business customers.

The deal is structured with 75 percent cash and 25 percent stock. MarketBeat said management projected 8 percent earnings accretion by 2028, while the transaction would dilute tangible book value by 5 percent at closing.

What does the target mean for valuation?

The USD 17.00 target is USD 1.00 above the level cited in the October 6 note. The same report said the combined Bluevine and Providence acquisitions could lift return on tangible common equity to 16.7 percent in 2028, while earnings per share growth was modeled above 20 percent in each year from 2026 through 2028, according to Investing.com.

Three milestones shape the story

On August 2026, Valley National announced the Providence Financial acquisition, which added USD 1.6 billion in assets, according to Investing.com. On September 28, 2026, it announced the USD 340 million Bluevine agreement. On October 6, 2026, Keefe, Bruyette & Woods raised its target from USD 16.00 to USD 17.00.

Next date for investors

Valley National is expected to publish third-quarter 2026 results before the market opens on October 22, 2026, with consensus at USD 0.3315 earnings per share and USD 577.83 million in revenue, according to MarketBeat.

Price and market context

Valley National Bancorp is listed on the NASDAQ under ticker VLY. Its market capitalization was USD 6.9 billion on October 15, 2026, while the one-year range extended from USD 9.64 to USD 15.20. The latest reported second-quarter 2026 figures included net income of USD 163.57 million and diluted earnings per share of USD 0.29.

Valley National stock was trading at EUR 11.10 at Lang & Schwarz on October 15, 2026 at 1:16 p.m. CEST.