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Valley National Bancorp (Valley National Bancorp) 5-Year Yield-on-Cost % : 5.66 (As of Apr. 25, 2024)


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What is Valley National Bancorp 5-Year Yield-on-Cost %?

Valley National Bancorp's yield on cost for the quarter that ended in Dec. 2023 was 5.66.


The historical rank and industry rank for Valley National Bancorp's 5-Year Yield-on-Cost % or its related term are showing as below:

VLY' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 2.93   Med: 4.33   Max: 7.29
Current: 5.66


During the past 13 years, Valley National Bancorp's highest Yield on Cost was 7.29. The lowest was 2.93. And the median was 4.33.


VLY's 5-Year Yield-on-Cost % is ranked better than
60.03% of 1206 companies
in the Banks industry
Industry Median: 4.965 vs VLY: 5.66

Competitive Comparison of Valley National Bancorp's 5-Year Yield-on-Cost %

For the Banks - Regional subindustry, Valley National Bancorp's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Valley National Bancorp's 5-Year Yield-on-Cost % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Valley National Bancorp's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Valley National Bancorp's 5-Year Yield-on-Cost % falls into.



Valley National Bancorp 5-Year Yield-on-Cost % Calculation

Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.

Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.

Therefore, Yield-on-Cost of Valley National Bancorp is calculated as

Yield-on-Cost=Dividend Yield %*(1+Dividend Growth Rate)^5

Valley National Bancorp  (NAS:VLY) 5-Year Yield-on-Cost % Explanation

Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.


Valley National Bancorp 5-Year Yield-on-Cost % Related Terms

Thank you for viewing the detailed overview of Valley National Bancorp's 5-Year Yield-on-Cost % provided by GuruFocus.com. Please click on the following links to see related term pages.


Valley National Bancorp (Valley National Bancorp) Business Description

Address
One Penn Plaza, New York, NY, USA, 10119
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.
Executives
Joseph Chillura officer: SEVP, Chief Ret & Busn Bnkg Of 1455 VALLEY ROAD, WAYNE NJ 07470
Kathleen C Perrott director VALLEY NATIONAL BANCORP, 70 SPEEDWELL AVENUE, MORRISTOWN NJ 07960
Suresh L Sani director 1455 VALLEY ROAD, WAYNE NJ 07470
Avner Mendelson director VALLEY NATIONAL BANCORP, 1455 VALLEY ROAD, WAYNE NJ 07470
Peter J Baum director 1455 VALLEY ROAD, WAYNE NJ 07470
Marc J Lenner director 1455 VALLEY ROAD, WAYNE NJ 07470
Ira Robbins officer: EVP - Treasurer 1455 VALLEY ROAD, WAYNE NJ 07470
Eric P Edelstein director 17 BRENTWOOD DRIVE, N CALDWELL NJ 07006
Peter V Maio director VALLEY NATIONAL BANCORP, 1455 VALLEY ROAD, WAYNE NJ 07470
Melissa J Schultz director VALLEY NATIONAL BANCORP, 1455 VALLEY ROAD, WAYNE NJ 07470
Sidney S Williams director VALLEY NATIONAL BANCORP, 1455 VALLEY ROAD, WAYNE NJ 07470
Jeffrey S Wilks director C/O STATE BANCORP, INC., TWO JERICHO PLAZA, JERICHO NY 11753
Jennifer W Steans director 50 EAST WASHINGTON STREET SUITE 400, C/O FINANCIAL INVESTMENTS CORPORATION, CHICAGO IL 60602
Dafna Landau director VALLEY NATIONAL BANCORP, 1455 VALLEY ROAD, WAYNE NJ 07470
Andrew B Abramson director 1455 VALLEY ROAD, WAYNE NJ 07470