Valley National Bancorp (VLY) Q2 2009 Earnings Results

Valley Natl Bancorp Misses on EPS, Stock Up 6.95%

Valley Natl Bancorp's earnings report showed a significant miss on EPS, which may raise concerns among investors about profitability. However, the stock rose by nearly 7%, likely driven by market optimism or other factors not directly related to the earnings results. Investors may be looking for signs of resilience in the company's operations despite the EPS miss.

The print

Key numbers

Actual vs. consensus

Metric	Actual	Expected	Surprise
EPS	$0.06	N/A	-56.52%
Revenue	N/A	N/A	N/A

Management

Management commentary

Tone: Defensive

Management expressed concerns about the broader economic conditions affecting performance. They are prioritizing stability and cautious growth.

Management acknowledged challenges in the current economic environment.

They emphasized a focus on maintaining operational stability.

Valley Natl Bancorp Misses on EPS, Stock Up 6.95%

Key numbers

Management commentary

Valley National Bancorp

More earnings this week

Valley Natl Bancorp Misses on EPS, Stock Up 6.95%

Key numbers

Management commentary