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Valley National Bancorp Message Board

  • yak741 yak741 May 2, 2013 7:52 PM Flag

    Buyout in the cards. Do the math

    CEO is 73 with no youth on the bench. Dividend barely being earned. Trust Preferred securities must be replaced with new tier one equity. Very attractive marketplace but very competitive. Significant costs savings as VLY has lots of fat to cut. Add it up and looks like either NYCB, BKU, PNC for $12.00 a share.

 
VLY
10.33-0.15(-1.43%)Jul 2 4:02 PMEDT