VLY Stock | | | USD 10.78 0.22 2.08% |
Valley National financial indicator trend analysis is much more than just breaking down Valley National Bancorp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Valley National Bancorp is a good investment. Please check the relationship between Valley National Interest Income and its Gross Profit accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Valley National Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
Interest Income vs Gross Profit
Interest Income vs Gross Profit Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Valley National Bancorp Interest Income account and
Gross Profit. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Valley National's Interest Income and Gross Profit is 0.85. Overlapping area represents the amount of variation of Interest Income that can explain the historical movement of Gross Profit in the same time period over historical financial statements of Valley National Bancorp, assuming nothing else is changed. The correlation between historical values of Valley National's Interest Income and Gross Profit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Income of Valley National Bancorp are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Interest Income i.e., Valley National's Interest Income and Gross Profit go up and down completely randomly.
Correlation Coefficient | 0.85 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Interest Income
Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.
Gross Profit
Gross profit is a required income statement account that reflects total revenue of Valley National Bancorp minus its cost of goods sold. It is profit before Valley National operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.
Most indicators from Valley National's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Valley National Bancorp current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Valley National Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
At this time, Valley National's
Issuance Of Capital Stock is fairly stable compared to the past year.
Enterprise Value Over EBITDA is likely to rise to 16.58 in 2024, whereas
Selling General Administrative is likely to drop slightly above 73.2
M in 2024.
Valley National fundamental ratios Correlations
Click cells to compare fundamentals
Valley National Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Valley National fundamental ratios Accounts
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measure Valley National's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Valley National is operating at the current time. Most of Valley National's value examination focuses on studying past and present price action to
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