Preferred Stock Channel
Valley National Bancorp (NJ) | 7 3/4% Trust Originated Preferred Securities (VLY.PRA)

This preferred is marked as having been called.
Prospectus excerpt:  For each TOPrS that you own, you will receive cumulative cash distributions at an annual rate equal to 7 3/4% on the liquidation amount of $25 per TOPrS, on March 15, June 15, September 15 and December 15 of each year, beginning December 15, 2001.

Full Prospectus PDF », VLY Page »

Alternate symbology:VLY-A, VLY-PA, VLYprA
Redeemable?:Yes
Call Date:11/7/2006 (Now Trading Post Call Date)
Maturity Date:12/15/2031
Cumulative?:Yes
Shares Offered:7,000,000
Overallotment:1,000,000
Liquidation Preference:$25
Original Coupon:7.75%
Pay Period:Quarterly
Pay Dates:15-Mar, 15-Jun, 15-Sep, 15-Dec
CDx3 Compliance Rating: Learn VLY.PRA's Rating
Valley National Bancorp is a bank holding company. Through its subsidiary, Valley National Bank (the Bank), Co. provides a suite of banking solutions through various commercial, retail, insurance and wealth management financial services products. The Bank provides a range of banking services including account management services, online and mobile banking, drive-in and night deposit services, telephone banking, automated teller machines, remote deposit capture, and safe deposit facilities. In addition, certain international banking services are available to customers, including standby letters of credit, documentary letters of credit and related products, and certain ancillary services.

Preferreds: VLYPP, VLYPO


Open the VLY Information Page »
Name:  Valley National Bancorp (NJ)
Website:  www.valley.com
Sector:  Banking & Savings
Number of ETFs Holding VLY:  60 (see which ones)
Total Market Value Held by ETFs:  $751,907,669.4
Total Market Capitalization:  $3,664,000,000
% of Market Cap. Held by ETFs:  20.52%

Top Ten Highest Yielding Preferred Stocks
Feel-Good Income: Socially Responsible Preferreds
Dividend Channel's 25 S.A.F.E. Dividend Stocks
Increasing Payments For Decades

Safer than S.A.F.E: Preferreds of Dividend Channel's
S.A.F.E. Dividend Stocks

Recent Preferred Stock Offerings
Preferred Stocks of Dow Components
Preferred Stocks of S&P 500 Components
Preferred Stocks By Industry
Preferred Stocks Where Insiders Are Buying The Common
High Yield Preferred Stocks
Preferreds Trading At Premiums To Liquidation Preference
Preferreds Trading At Discounts To Liquidation Preference
The Top 10 DividendRank'ed U.S. Stocks
The Top 10 DividendRank'ed Canadian Stocks
Top 25 Broker Analyst Picks of the S&P 500
Stock market game
Quotes delayed 20 minutes

Email EnvelopeFree Email Alerts:
Get Dividend Alerts
Get SEC Filing Alerts

Valley National Bancorp (NJ) | 7 3/4% Trust Originated Preferred Securities (VLY.PRA) Information Page | Preferred Stock Channel | www.PreferredStockChannel.com | Copyright © 2011 - 2024, All Rights Reserved

Nothing in Preferred Stock Channel is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Use and Privacy Policy. Video widget and dividend videos powered by Market News Video. Quote data delayed at least 20 minutes; data powered by Ticker Technologies, and Mergent. Contact Preferred Stock Channel; Meet Our Editorial Staff.