Marc Piro - Valley National Head VP

VLYPO Preferred Stock  USD 25.46  0.02  0.08%   

Insider

Marc Piro is Head VP of Valley National Bancorp
Phone973 305 8800
Webhttps://www.valley.com

Valley National Management Efficiency

The company has return on total asset (ROA) of 0.0113 % which means that it generated a profit of $0.0113 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.0991 %, meaning that it generated $0.0991 on every $100 dollars invested by stockholders. Valley National's management efficiency ratios could be used to measure how well Valley National manages its routine affairs as well as how well it operates its assets and liabilities.
Valley National Bancorp has accumulated 1.6 B in total debt. Debt can assist Valley National until it has trouble settling it off, either with new capital or with free cash flow. So, Valley National's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Valley National Bancorp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Valley to invest in growth at high rates of return. When we think about Valley National's use of debt, we should always consider it together with cash and equity.

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Valley National Bancorp operates as the holding company for Valley National Bank that provides various commercial, retail, insurance, and wealth management financial services products. The company was incorporated in 1927 and is headquartered in New York, New York. Valley National operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. It employs 3370 people. Valley National Bancorp (VLYPO) is traded on NASDAQ Exchange in USA. It is located in One Penn Plaza, New York, NY, United States, 10119 and employs 32 people. Valley National is listed under Banking category by Fama And French industry classification.

Management Performance

Valley National Bancorp Leadership Team

Elected by the shareholders, the Valley National's board of directors comprises two types of representatives: Valley National inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Valley. The board's role is to monitor Valley National's management team and ensure that shareholders' interests are well served. Valley National's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Valley National's outside directors are responsible for providing unbiased perspectives on the board's policies.
Melissa Scofield, Executive Vice President and Chief Risk Officer
Ira Robbins, President CEO, Director of Valley National Bank
Travis Lan, Head Relations
Joseph Chillura, Sr Banking
Michael Hagedorn, CFO, Senior Executive Vice President
Yvonne Surowiec, Chief Human Resource Officer and Executive Vice President
Marc Piro, Head VP
Mitchell Crandell, First Senior Vice President Chief Accounting Officer of Valley National Bancorp and Valley National Bank
Thomas Iadanza, Senior Executive Vice President of Valley National Bancorp and Chief Lending Officer of Valley National Bank
Ronald Janis, Senior Executive Vice President and General Counsel of Valley National Bancorp and Valley National Bank

Valley Preferred Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right preferred stock is not an easy task. Is Valley National a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with Valley National

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Valley National position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Valley National will appreciate offsetting losses from the drop in the long position's value.

Moving against Valley Preferred Stock

  0.35TFC-PO Truist FinancialPairCorr
The ability to find closely correlated positions to Valley National could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Valley National when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Valley National - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Valley National Bancorp to buy it.
The correlation of Valley National is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Valley National moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Valley National Bancorp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Valley National can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in Valley Preferred Stock

Valley National financial ratios help investors to determine whether Valley Preferred Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Valley with respect to the benefits of owning Valley National security.