The main reason why I’m interested in this local bank is the fact its loan loss provisions are consistently zero, which is unique in the sector. Granted, there are always banks that were able to ...
Valley National Bank is the latest financial institution reducing its exposure to the real estate sector. The New Jersey-based entity of Valley National Bancorp sold nearly $1 billion worth of ...
Valley National Bancorp’s commercial real estate loans remain in healthy shape despite concerns across the regional-banking industry about property debt, Chief Executive Officer Ira Robbins said.
Valley West Mortgage is a Nevada-based mortgage lender founded in 2004. The company offers a wide range of mortgage products, from conventional loans and Federal Housing Administration (FHA) loans to ...
Management guided to continued deposit cost reductions, projecting further benefits in Q4 and into 2026. Lan stated, "We are on track to achieve our above 3.1% NIM target for the fourth quarter of ...
Valley companies and nonprofit organizations retained more than 23,000 employees during the COVID pandemic, aided by more than $130 million of dollars in Paycheck Protection Program (PPP) loans, and ...
Valley National Bancorp is raising upwards of $400 million in new capital, taking advantage of the recent run-up in stock prices to accelerate a reduction of its real estate loan concentration.
The largest SBA Lenders in the Silicon Valley originated or approved loans through the Small Business Administration's 7(a) or 504 programs from April 1 to June 30, 2025. The Silicon Valley Business ...
The banks in Silicon Valley with the fastest-growing commercial and industrial loan portfolios reported loans valued at $1.32 trillion as of Sept. 30, 2024, marking a 1.5% increase over what was ...