Valley National (VLY) Q3 Earnings Top Estimates

Core Viewpoint - Valley National (VLY) reported quarterly earnings of $0.28 per share, exceeding the Zacks Consensus Estimate of $0.26 per share, and showing an increase from $0.18 per share a year ago, indicating a positive earnings surprise of +7.69% [1] Financial Performance - The company posted revenues of $512.36 million for the quarter ended September 2025, which was a miss against the Zacks Consensus Estimate by 0.31%, but an increase from $472.48 million year-over-year [2] - Over the last four quarters, Valley National has surpassed consensus EPS estimates two times and topped consensus revenue estimates two times [2] Stock Performance and Outlook - Valley National shares have increased by approximately 11.8% since the beginning of the year, compared to the S&P 500's gain of 13.9% [3] - The company's earnings outlook is crucial for investors, as it includes current consensus earnings expectations for upcoming quarters and any recent changes to these expectations [4] Earnings Estimate Revisions - The trend for earnings estimate revisions for Valley National was favorable ahead of the earnings release, resulting in a Zacks Rank 2 (Buy) for the stock, indicating expected outperformance in the near future [6] - The current consensus EPS estimate for the upcoming quarter is $0.28 on revenues of $529.43 million, and for the current fiscal year, it is $0.94 on revenues of $2.02 billion [7] Industry Context - The Zacks Industry Rank for Banks - Northeast, to which Valley National belongs, is currently in the top 24% of over 250 Zacks industries, suggesting a favorable industry outlook [8]