Valley National Stock Drops: What's Behind the 1.14% Fall?
Wednesday, Jun 4, 2025 12:36 pm ET1min read
VLY--
Valley National Bancorp declined 1.14% in intraday trading. The company's credit ratings were confirmed by MorningstarMORN-- DBRS, with a Long-Term Issuer Rating of A (low) and a Stable trend. The Intrinsic Assessment (IA) for the Bank is 'A,' while its Support Assessment remains SA1, meaning internal support is expected. The Company's Support Assessment is SA3, meaning that timely systemic support is not expected. The Company's Long-Term Issuer Rating is positioned one notch below the Bank's IA.
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