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timhyma

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timhyma

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Re: timhyma post# 632

Wednesday, 04/24/2013 8:45:46 AM

Wednesday, April 24, 2013 8:45:46 AM

Post# of 679
Valley National Bancorp (VLY), the holding company for Valley National Bank, today reported net income for the first quarter of 2013 of $31.3 million, or $0.16 per diluted common share as compared to the first quarter of 2012 earnings of $34.5 million, or $0.18 per diluted common share.

They missed by .02 on earnings, but higher than expected revenue, so probably a wash for stock price movement. Still, I like the 6% yield

Small Cap plays: #board-865
Big Board plays: #board-711

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