Investing.com - Valley National reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Valley National announced earnings per share of $0.35 on revenue of $510.20. Analysts polled by Investing.com anticipated EPS of $0.34 on revenue of $499.77M.
Valley National shares are down 4% from the beginning of the year and are trading at $11.62 , down-from-52-week-high.
Valley National shares gained 0.43% in pre-market trade the report.
Valley National follows other major Financial sector earnings this month
Valley National's report follows an earnings beat by JPMorgan on October 14, who reported EPS of $3.12 on revenue of $32.7B, compared to forecasts EPS of $2.92 on revenue of $32.13B.
Bank of America had beat expectations on October 17 with third quarter EPS of $0.81 on revenue of $24.5B, compared to forecast for EPS of $0.7816 on revenue of $23.56B.
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