Valley National Bancorp (Valley National Bancorp) Mortgage Backed Securities (USD Mil) : 0.00 (As of . 20)

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What is Valley National Bancorp Mortgage Backed Securities (USD Mil)?

Mortgage Backed Securities (USD Mil) is a type of investment similar to a bond that is made up of mortgage loans bought from the banks that issued them. It is a type of asset-backed security secured by a mortgage or collection of mortgages.

The historical rank and industry rank for Valley National Bancorp's Mortgage Backed Securities (USD Mil) or its related term are showing as below:

Valley National Bancorp Mortgage Backed Securities (USD Mil) Historical Data

The historical data trend for Valley National Bancorp's Mortgage Backed Securities (USD Mil) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Valley National Bancorp Mortgage Backed Securities (USD Mil) Chart

Valley National Bancorp (NAS:VLYPP.PFD) Mortgage Backed Securities (USD Mil) Explanation

Mortgage Backed Securities (USD Mil) is a type of asset-backed security secured by a mortgage or collection of mortgages. The mortgages are aggregated and sold to a group of individuals (a government agency or investment bank) that securitizes, or packages, the loans together into a security that investors can buy. Investors are essentially lending money to home buyers, while the bank becomes an intermediary between the home buyer and the investors.

Valley National Bancorp Mortgage Backed Securities (USD Mil) Related Terms

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Valley National Bancorp (Valley National Bancorp) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Valley National Bancorp (NAS:VLYPP.PFD) » Definitions » Mortgage Backed Securities (USD Mil)

Comparable Companies

Traded in Other Exchanges

VLYPO.PFD:USA VLY:USA VNB:Germany

Address

One Penn Plaza, New York, NY, USA, 10119

Website

https://www.valley.com

Valley National Bancorp is a bank holding company whose principal wholly-owned subsidiary is Valley National Bank. It provides a full range of commercial, retail, and trust and investment services largely through its offices and ATM network throughout northern and central New Jersey, New York City and Long Island, Florida, and Alabama. The segments of the group are commercial lending, consumer lending, investment management, and corporate and other adjustments, of which key interest income is derived from the commercial lending segment. In recent years, the company has focused on acquiring companies that operate outside of traditional banking and has emphasized wealth and capital management.