
Valley National Bancorp, founded in 1927 and headquartered in New Jersey, serves as a powerful financial institution dedicated to providing a range of banking products and services to communities throughout the region. Its primary offerings include commercial and retail banking, investment services, and mortgage banking, catering to both individual and business customers.
Bond Name | Country | Maturity | Coupon(%) | |
---|---|---|---|---|
VLY 3.00% 2031-06-15 USDValley National Bancorp | United States | 2031-06-15 | 3.000 | 6.64 |
VLY 4.55% 2025-06-30 USDValley National Bancorp | United States | 2025-06-30 | 4.550 | 0.00 |
VLY 5.25% 2030-06-15 USDValley National Bancorp | United States | 2030-06-15 | 5.250 | 8.47 |
VLY 6.25% 2032-09-30 USDValley National Bancorp | United States | 2032-09-30 | 6.250 | 7.13 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Valley National Bancorp has an established history of bond issuances, first entering the market in 1998 with its initial debt offering. The company has since issued several significant bonds, including a $300 million offering in 2020 that helped to bolster its capital position amid challenging economic conditions. Currently, yields on Valley National's bonds are competitive within the industry, often attracting investors seeking stable returns backed by a strong regional bank. Noteworthy features of its bonds include callable options and fixed-rate structures, which add flexibility for investors.