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Company Profile > VALLEY NATIONAL BANCORP


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Company Profile
 
VALLEY NATIONAL BANCORP (HTTP://WWW.VALLEYNATIONALBANK.COM)

Ticker: VLY
Exchange: NYS
Year Established: 1983
Employees: 2,910
Fiscal Year Ends in December

Phone: 973 305-8800
Fax:
Address: 1455 Valley Road
Wayne, NJ 07470 United States

Map
Types Of Business

Industry NAICS code: 522110

Banking
If there who practice payday cash loan lending industry?

Loans
Title Insurance
Asset Management
Investment Services
Trust Services
Pension & Fiduciary Services
Online Banking
Industry Ranks
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2. Societe Generale Group107,296,100,000
3. Societe Generale SA107,296,100,000
4. JP Morgan Chase & Co Inc96,606,000,000
5. Industrial and Commercial Bank of China Ltd. (ICBC)94,822,870,000
6. BNP Paribas91,428,190,000
7. Bank of America Corp88,942,000,000
8. China Construction Bank (CCB)81,792,130,000
9. Citigroup Inc76,366,000,000
10. Agricultural Bank of China Ltd74,397,340,000
245. Valley National Bancorp576,373,000
Contacts
Gerald LipkinCEO/CEO, Subsidiary/Chairman of the Board/Chairman of the Board, Subsidiary/Director/President/President, Subsidiary
Alan EskowCFO/CFO, Subsidiary/Director/Secretary/Secretary, Subsidiary/Senior Executive VP/Senior Executive VP, Subsidiary
Mitchell CrandellChief Accounting Officer/Senior VP
Peter CrocittoCOO/COO, Subsidiary/Senior Executive VP/Senior Executive VP, Subsidiary/Director
Walter JonesDirector
Jeffrey WilksDirector
Marc LennerDirector
Suresh SaniDirector
Robert SoldoveriDirector
Peter BaumDirector
Michael LarussoDirector
Barnett RukinDirector
Gerald KordeDirector
Graham JonesDirector
Mary GuilfoileDirector
Pamela BronanderDirector
Eric EdelsteinDirector
Andrew AbramsonDirector
Robert MeyerExecutive VP/Executive VP, Subsidiary
Robert FarrellExecutive VP/Executive VP, Subsidiary
Robert MulliganExecutive VP/Executive VP, Subsidiary
James LawrenceExecutive VP/Executive VP, Subsidiary
Albert EngelExecutive VP/Executive VP, Subsidiary
Bernadette MuellerExecutive VP/Executive VP, Subsidiary
Ira RobbinsExecutive VP/Executive VP, Subsidiary
Dianne GrenzExecutive VP/Executive VP, Subsidiary
Andrea OnoratoExecutive VP/Executive VP, Subsidiary
John NoonanSenior VP, Subsidiary
Elizabeth De LaneySenior VP, Subsidiary
Stephen DaveySenior VP, Subsidiary
Eric GouldSenior VP, Subsidiary


Auditor: KPMG LLP
Legal Advisor: Day Pitney LLP

Description
Valley National Bancorp is the holding company for Valley National Bank. With $16.2 billion in consolidated assets, the bank provides a full range of retail and commercial banking services through 204 branch offices in northern and central New Jersey and the New York City boroughs of Manhattan, Brooklyn and Queens as well as Long Island. It offers several demand savings and time deposit accounts as well as a diversified loan portfolio that consists primarily of consumer, real estate, small business administration (SBA) and other commercial loans. Valley National Bank also provides title insurance, investment services, full personal and corporate trust and pension and fiduciary services. The bank offers several service channels that enable its customers to bank in person, by telephone or by computer. VBankWorks, the company’s online banking service, allows customers to pay bills, view financial account information, transfer funds between accounts and communicate with a customer service representative via the Internet. The bank owns and operates several subsidiaries, including Hallmark Capital Management, Inc.; VNB Loan Services, Inc.; Valley National Title Services, Inc.; Valley Commercial Capital, LLC; VNB New York Corp.; and New Century Asset Management, Inc.
$USD, In whole numbers,
except marked * or %
201320122011201020092008
Financials
    Revenue576,373,000610,827,000587,108,000554,079,000521,565,000424,055,000
    Cost of Revenue - - - - - -
    Gross Margin % - - - - - -
    R&D Expense - - - - - -
    Operating Income178,940,000210,375,000197,185,000186,941,000167,545,000110,525,000
    Operating Margin %31.0534.4433.5933.7432.1226.06
    SGA Expense217,304,000221,363,000197,439,000193,877,000187,246,000160,573,000
    Net Income131,961,000143,627,000133,653,000131,170,000116,061,00093,591,000
    Earnings Per Share0.660.730.750.730.580.58
    Dividends0.600.650.660.650.660.66
    Book Value Per Share7.727.577.027.287.076.54
    Operating Cash Flow285,364,000323,311,000191,337,000279,014,000104,553,000938,100,000
    Capital Expenditure14,852,00022,735,00016,402,00014,599,00025,282,00029,877,000
    Free Cash Flow93,298,000(92,502,000)162,610,00088,819,000226,816,000(320,958,000)
Profitability
    EBITDA206,910,000238,635,000222,880,000210,512,000189,748,000132,377,000
    Return on Assets %0.820.950.940.920.670.67
    Return on Equity %8.6710.3810.4410.308.309.05
    Net Margin %22.9023.5122.7623.6718.5121.58
    Assets Turnover0.040.040.040.040.040.03
    Financial Leverage10.4810.6611.2510.9211.4013.73
Brands
Valley National Bank
VBankWorks
Hallmark Capital Management Inc
VNB Loan Services Inc
Valley National Title Services Inc
Valley Commercial Capital LLC
VNB New York Corp
New Century Asset Management Inc
Top Salaries
NameTitleSalary (US$)Bonus (US$)
Gerald LipkinCEO/Chairman of the Board/President1,123,5000
Alan EskowCFO/Director/Secretary/Senior Executive VP545,7500
Peter CrocittoCOO/Director/Senior Executive VP545,7500
Robert MeyerExecutive VP465,0000
Albert EngelExecutive VP440,0000
Other Thoughts
Apparent Female Officers or Directors:
Corporate Culture
The company offers its employees medical, dental, vision and disability coverage; worker’s compensation; commuter benefits; flexible spending accounts; life insurance plans; wellness programs; and 401(k).