JP Morgan Raises VLY Price Target to $16

JP Morgan reaffirmed its Overweight rating on Valley National Bancorp VLY on October 23, 2026, while raising its price target from $15.50 to $16.00. The research note reflects the firm's forward-looking outlook on the regional bank.

VLY Valley National Bancorp

$13.81 ▲ +21.14% year to date

1M 3M YTD

Daily close · Oct 22, 2026

JP Morgan's Call on Valley National Bancorp

In its October 23 research note, JP Morgan kept its Overweight rating intact while nudging up its target by $0.50 from its prior target of $15.50. This update follows earlier coverage by the firm, which included a maintain rating on October 1 with a $15.50 target. Other Wall Street firms have also weighed in recently, with Morgan Stanley maintaining an Equal-Weight rating and a $17.00 target on October 23, and Keefe, Bruyette & Woods upgrading the stock to Outperform with a $17.00 target on the same day.

Other Institutional Activity in Valley National Bancorp

Large investment firms have been actively adjusting their positions in the bank. Azora Capital Lp grew its holdings by 1,298,461 shares, ending with 10,247,196 shares worth about $144,434,230. Meanwhile, Nomura Asset Management International Inc reduced its stake by 190,606 shares to finish with 12,267,304 shares valued at roughly $172,907,653. AQR Capital Management, LLC trimmed its position by 902,678 shares, holding 9,390,111 shares worth approximately $132,353,617.

Valley National Bancorp Stock Up 6.1%

Shares of Valley National Bancorp closed at $14.10 on October 23, 2026. The stock recently traded around $13.81 as of October 23, putting it down about 2.1% since that close. The recent price sits above its 50-day moving average of $13.46 and its 200-day moving average of $13.39. The shares trade 9.1% below their 52-week high of $15.20 and 42.2% above their 52-week low of $9.71.

Recent Earnings

The regional bank reported trailing twelve-month revenue of $2.01 billion alongside diluted earnings of $1.26 per share. Valley National Bancorp posted a return on equity of 9.0% and a net profit margin of 34.5%. The company's next earnings report is scheduled for release on January 28, 2027.

Dividend

Shareholders collect an annual dividend rate of $0.44 per share, translating to a dividend yield of 3.18%. The company's dividend payout ratio sits at 37.3%.

Insider Buying and Selling at Valley National Bancorp

Company insiders have made several trades over the past year. Director Carlos J Vazquez bought 2,500 shares on February 17, 2026, at an average price of $13.44 for a total value of $33,612. On the selling side, Chief Operating Officer Russell Barrett disposed of 90,537 shares on April 27, 2026, at an average price of $13.54 for a total value of $1,225,871. Additionally, officer Mitchell L Crandell sold 25,495 shares on June 12, 2026, at an average price of $14.63 for a total value of $372,992.

Analysts Set New Price Targets

Across the broader analyst community, the stock carries a consensus buy recommendation and a mean price target of $16.64, with opinions gathered from 14 analysts. Targets range from a low of $15.00 to a high of $18.00.

About Valley National Bancorp

Valley National Bancorp functions as the holding company for Valley National Bank, delivering commercial banking, private banking, retail banking, insurance, and wealth management services. The company operates through distinct segments focused on consumer banking, commercial banking, and treasury operations, serving clients mainly across regional markets.

Bottom Line

JP Morgan's raised price target points to steady confidence in the bank's operational trajectory. Investors will be keeping an eye on upcoming quarterly results slated for late January to gauge whether performance aligns with these Wall Street expectations.