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Village Bank Trust Financial
Valley National Bancorp (VBFCA) is a bank holding company for Valley National Bank, which operates in the Mid-Atlantic region of the United States. The company provides a range of commercial, retail, and trust and wealth management services to businesses, government entities, and individuals. Here is some general information about the company's performance and growth:
Historical Performance:
* Over the past 5 years, VBFCA's stock price has generally trended upwards, with some volatility.
* The company has reported consistent growth in total assets and loans, with total assets increasing from $23.6 billion in 2017 to $40.7 billion in 2021.
* For the same time period, the company's net income has grown from $201.6 million in 2017 to $377.2 million in 2021.
Earnings:
* For the most recent quarter (Q3 2021), VBFCA reported net income of $100.3 million, representing an increase of 33.4% compared to Q3 2020.
* The company's earnings per share (EPS) for Q3 2021 was $0.56, compared to $0.42 for Q3 2020.
Growth:
* VBFCA has expanded its presence in the Mid-Atlantic region through a series of acquisitions, including the merger with USA Banksthat was completed in October 2021.
* The company has also invested in digital banking technologies and services, with the goal of improving the customer experience and driving growth in its retail banking segment.
It is important to note that investing in the stock market always carries risks and it is advisable to conduct your own research and consult with a financial advisor before making any investment decisions.