TITLE

Valley National a Buyer?

AUTHOR(S)
Barba, Robert
PUB. DATE
January 2010
SOURCE
American Banker;1/22/2010, Vol. 175 Issue F303, p4
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
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).
ACCESSION #
47654649

 

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