| 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 Net Income and its Income Before Tax 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.
Net Income vs Income Before Tax
Net Income vs Income Before Tax Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Valley National Bancorp Net Income account and
Income Before Tax. At this time, the significance of the direction appears to have totally related.
The correlation between Valley National's Net Income and Income Before Tax is 1.0. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Income Before Tax 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 Net Income and Income Before Tax is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of Valley National Bancorp are associated (or correlated) with its Income Before Tax. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Before Tax has no effect on the direction of Net Income i.e., Valley National's Net Income and Income Before Tax go up and down completely randomly.
Correlation Coefficient | 1.0 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Valley National Bancorp financial statement analysis. It represents the amount of money remaining after all of Valley National Bancorp operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Valley National income statement and is an important metric when analyzing Valley National Bancorp profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.
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
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Additional Tools for Valley Stock Analysis
When running Valley National's price analysis, check to
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
predict the probability of Valley National's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Valley National's price. Additionally, you may evaluate how the addition of Valley National to your portfolios can decrease your overall portfolio volatility.