Valley National Bank
Major Rating Factors:
Operating profits as a percentage of assets at 1.2%, coupled with a return on assets of 0.9 has resulted in Fair (4.4) profitability. A current level of 6.8 percent of nonperforming loans to core capital combined with 4.4 percent from a year earlier contributes to the Fair asset quality (3.5).
Other Rating Factors:
A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to an Excellent overall stability index (10.0 on a scale of 0 to 10). Excellent current capitalization (7.0 on a scale of 0 to 10) based on a risk-based capital ratio of 11.6 and a capital leverage ratio of 9.1.
Asset Mix:
Comm re (32%), comm loans (12%), home mtgs (9%), securities (8%), consumer loans (4%), cash (1%), home eq lns (1%), other (33%)
States with Branches:
AL, CA, FL, IL, NJ, NY
Corporate Info
Valley National Bancorp
70 Speedwell Ave
Morristown, NJ 07960
Morristown, NJ 07960
(973) 305-8800
Largest Affiliates
No affiliate information available.