Valley National a Buyer?

Barba, Robert
January 2010
American Banker;1/22/2010, Vol. 175 Issue F303, p4
Trade Publication
The article discusses a quarterly earnings report from Valley National Bancorp. Profit for the fourth quarter grew 90%, and nonperforming assets increased 117%. Valley National indicated it would switch its growth strategy from opening new branch offices to making acquisitions. During the quarter the firm exited from the U.S. government's Troubled Asset Relief Program (TARP).


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