Valley National (VLY) Beats Q2 Earnings and Revenue Estimates

Core Viewpoint - Valley National (VLY) reported quarterly earnings of $0.23 per share, exceeding the Zacks Consensus Estimate of $0.22 per share, and showing an increase from $0.13 per share a year ago, indicating a positive earnings surprise of +4.55% [1] Financial Performance - The company posted revenues of $496.28 million for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 0.62%, and up from $454.2 million year-over-year [2] - Over the last four quarters, Valley National has exceeded consensus revenue estimates three times [2] Stock Performance - Valley National shares have increased approximately 7.1% since the beginning of the year, compared to the S&P 500's gain of 8.1% [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the market in the near future [6] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.25 on revenues of $512.58 million, and for the current fiscal year, it is $0.92 on revenues of $2.01 billion [7] - The estimate revisions trend for Valley National was mixed ahead of the earnings release, which may change following the recent report [6] Industry Context - The Banks - Northeast industry, to which Valley National belongs, is currently ranked in the top 23% of over 250 Zacks industries, suggesting a favorable outlook compared to lower-ranked industries [8] - Citizens & Northern (CZNC), another bank in the same industry, is expected to report quarterly earnings of $0.47 per share, reflecting a year-over-year increase of +17.5% [9]