Plunkett Research ®, LTD
Ticker: VLY
Exchange: NYS
Year Established: 1983
Employees: 2,907
Fiscal Year Ends in December

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

Types Of Business
Industry Ranks

Industry NAICS code: 522110

Title Insurance
Asset Management
Investment Services
Trust Services
Pension & Fiduciary Services
Online Banking
1. Allahabad Bank197,161,200,000
2. Industrial and Commercial Bank of China Ltd (ICBC)107,813,000,000
3. JP Morgan Chase & Co Inc93,543,000,000
4. China Construction Bank (CCB)93,525,930,000
5. Wells Fargo & Co86,057,000,000
6. Agricultural Bank of China Ltd82,858,340,000
7. Bank of America Corp82,507,000,000
8. BNP Paribas82,342,810,000
9. Citigroup Inc76,354,000,000
10. Bank of China (BOC)73,300,620,000
252. Valley National Bancorp634,071,000
Contacts Description
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
Robert SoldoveriDirector
Walter JonesDirector
Suresh SaniDirector
Andrew AbramsonDirector
Michael LarussoDirector
Marc LennerDirector
Mary GuilfoileDirector
Pamela BronanderDirector
Eric EdelsteinDirector
Barnett RukinDirector
Gerald KordeDirector
Graham JonesDirector
Jeffrey WilksDirector
Peter BaumDirector
Robert MeyerExecutive VP
Dianne GrenzExecutive VP/Executive VP, Subsidiary
Bernadette MuellerExecutive VP/Executive VP, Subsidiary
Andrea OnoratoExecutive VP/Executive VP, Subsidiary
Thomas IadanzaExecutive VP/Executive VP, Subsidiary
Melissa ScofieldExecutive VP/Executive VP, Subsidiary
James LawrenceExecutive VP/Executive VP, Subsidiary
Albert EngelExecutive VP/Executive VP, Subsidiary
Robert MulliganExecutive VP/Executive VP, Subsidiary
Ira RobbinsSenior Executive VP/Senior Executive VP, Subsidiary
Sherry AmbrosiniSenior VP, Subsidiary
Rudy SchuppSenior VP/Senior VP, Subsidiary
Valley National Bancorp is the holding company for Valley National Bank. With $18.8 billion in consolidated assets, the bank provides a full range of retail and commercial banking services through 224 branch offices in northern and central New Jersey, the New York City boroughs of Manhattan, Brooklyn and Queens as well as Long Island, and southeast and central Florida. 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. It 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, LLC; and New Century Asset Management, Inc. In 2014, the firm expanded into Florida with its acquisition of 1st United Bancorp, Inc. and its subsidiary.

Auditor: KPMG LLP
Legal Advisor: Day Pitney LLP
$USD, In whole numbers,
except marked * or %
    Cost of Revenue - - - - - -
    Gross Margin % - - - - - -
    R&D Expense - - - - - -
    Operating Income126,895,000147,234,000178,940,000210,375,000197,185,000186,941,000
    Operating Margin %20.0126.6531.0534.4433.5933.74
    SGA Expense246,891,000212,206,000217,304,000221,363,000197,439,000193,877,000
    Net Income102,957,000116,172,000131,961,000143,627,000133,653,000131,170,000
    Earnings Per Share0.420.560.660.730.750.73
    Book Value Per Share7.436.837.627.577.327.28
    Operating Cash Flow154,929,000183,976,000285,364,000323,311,000191,337,000279,014,000
    Capital Expenditure34,040,00021,862,00014,852,00022,735,00016,402,00014,599,000
    Free Cash Flow120,889,000162,114,000270,512,000300,576,000174,935,000264,415,000
    EBITDA - - - - - -
    Return on Assets %0.490.660.820.950.940.92
    Return on Equity %5.016.838.6710.3810.4410.30
    Net Margin %15.6421.0322.9023.5122.7623.67
    Assets Turnover0.
    Financial Leverage10.3110.0910.4810.6611.2510.92
Brands, Divisions and Affiliates Top Salaries
Valley National Bank
Hallmark Capital Management Inc
VNB Loan Services Inc
Valley National Title Services Inc
Valley Commercial Capital LLC
VNB New York LLC
New Century Asset Management Inc
1st United Bancorp Inc
NameTitleSalary (US$)Bonus (US$)
Gerald LipkinCEO/Chairman of the Board/President1,123,5000
Alan EskowCFO/Secretary/Senior Executive VP545,7500
Peter CrocittoCOO/Senior Executive VP545,7500
Ira RobbinsSenior Executive VP/Treasurer425,0000
Rudy SchuppPresident, Divisional/Senior Executive VP425,0000
Other Thoughts Corporate Culture

Apparent Female Officers or Directors:

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 a 401(k).

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