Bank of America Corp DE Raises Position in Valley National Bancorp $VLY
Market Beat·
- Bank of America Corp DE increased its holdings in Valley National Bancorp by 8.0% in the first quarter, owning 3,919,652 shares valued at $48,133,000.
- Valley National Bancorp reported second-quarter earnings of $0.30 per share on revenue of $560.74 million, reflecting a 13.3% revenue increase compared to the same period last year.
- The regional bank also announced a quarterly dividend of $0.11 per share, scheduled to be paid on October 1st to stockholders of record on September 15th.