Valley National Q2 Earnings Beat on Y/Y Revenue Rise, Stock Slips 1.8%
Key Takeaways VLY reported Q2 EPS of 23 cents, up 76.9% y/y and a penny above the consensus estimate.Revenues rose 9.3% to $496.3M, aided by NII growth and higher fee income.Higher expenses and mixed asset quality weighed on sentiment, pushing VLY shares down 1.8%.Valley National Bancorp’s (VLY) second-quarter 2025 adjusted earnings per share of 23 cents surpassed the Zacks Consensus Estimate by a penny. Also, the bottom line increased 76.9% on a year-over-year basis.Results were primarily aided by increas ...