Citigroup Raises VLY Price Target to $18.50

On October 26, 2026, Citigroup raised its price target on Valley National Bancorp (VLY) to $18.5 from $18.0 while maintaining a Buy rating. This update came in a research note released the same day.

The new target reflects an optimistic view of the bank's performance, especially considering its recent strong results. Valley National Bancorp operates as the holding company for Valley National Bank, offering a range of financial services including commercial and private banking. With a market capitalization of about $7.77 billion, the bank has shown robust growth, including a year-over-year revenue increase of 10.3%.

VLY Valley National Bancorp

$14.18 ▲ +24.39% year to date

1M 3M YTD

Daily close · Oct 26, 2026

Other Institutional Activity in Valley National Bancorp

Several other institutions have also adjusted their positions in Valley National Bancorp. Azora Capital LP increased its holdings by 1,298,461 shares, bringing its total to 10,247,196 shares valued at approximately $145.5 million. Meanwhile, Nomura Asset Management International Inc reduced its stake by 190,606 shares, holding now 12,267,304 shares worth about $174.1 million. AQR Capital Management, LLC cut its position by 902,678 shares, ending with 9,390,111 shares valued at around $133.3 million.

Valley National Bancorp Stock Up 1.8%

As of October 26, 2026, Valley National Bancorp shares closed at $14.19. The stock is currently about 7.5% below its 52-week high of $15.20, but it remains 36% above its 52-week low of $10.34. It trades above both its 50-day and 200-day moving averages, suggesting a positive trend in recent performance.

Recent Earnings

Valley National Bancorp reported a trailing twelve-month revenue of approximately $2.06 billion, with an earnings per share (EPS) of $1.26. The company is set to announce its next earnings report on January 28, 2027.

Dividend

Valley National Bancorp pays an annual dividend rate of $0.44 per share, which translates to a yield of 3.13%. The company's dividend payout ratio is approximately 37.3%, indicating a balanced approach to returning value to shareholders.

Insider Buying and Selling at Valley National Bancorp

Recently, Carlos J Vazquez, a director at Valley National Bancorp, bought 2,500 shares at an average price of $13.44 on February 17, 2026, totaling about $33,612. Other insiders, including Russell Barrett, the Chief Operating Officer, and Mitchell L Crandell, also made transactions earlier this year, with Barrett selling 90,537 shares and Crandell selling 25,495 shares.

Analysts Set New Price Targets

On October 26, 2026, Citigroup maintained a Buy rating on Valley National Bancorp with a price target of $18.5. Earlier that same day, Truist Securities also maintained a Buy rating with a target of $17. Additionally, UBS and Morgan Stanley kept their ratings at Buy and Equal-Weight, respectively, with targets of $16.0 and $17.0.

About Valley National Bancorp

Valley National Bancorp is a financial services holding company based in Morristown, NJ. It provides a variety of banking services through its subsidiary, Valley National Bank. The company focuses on consumer and commercial banking, as well as wealth management services. This recent price target increase from Citigroup reflects confidence in its growth trajectory and operational performance.

Bottom Line

Investors should watch for Valley National Bancorp's next earnings release on January 28, 2027, for further insights into its financial health. Citigroup's updated price target suggests a positive outlook, despite the stock trading below this new benchmark. Keep an eye on future analyst updates and institutional activities surrounding VLY.