Is Valley National Bancorp - 5.5% (NASDAQ:VLYPO) a buy in 2026?
Hold. Valley National Bancorp - 5.5% is a wait-and-watch at today's price, not a fresh buy.
A 5.5% preferred from a solid regional bank trading near par — fine for income, not where the upside lives.
Where VLYPO is headed
This is not Valley National Bancorp common stock. VLYPO is the Series B non-cumulative perpetual preferred, $25 par, paying a fixed 5.50% dividend ($1.375 annually) until the June 2025 call date, then floating at 3-month SOFR plus roughly 3.578%. We are now 11 months past that call date, the issue is still outstanding, and it is trading at $24.87, a hair under par. That tells you everything about how the market is pricing this: a floating-rate preferred from a healthy regional bank, behaving like a money market substitute with a sliver of credit and call risk.
Read the full Compass Direction on VLYPO
The complete destination call, the overlooked angle, milestones, and bull, base, and bear price scenarios (around $25.03).
See the full VLYPO analysisGet calls like this, free
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Frequently asked questions
Is Valley National Bancorp - 5.5% (NASDAQ:VLYPO) a buy in 2026?
Hold. Valley National Bancorp - 5.5% is a wait-and-watch at today's price, not a fresh buy. A 5.5% preferred from a solid regional bank trading near par — fine for income, not where the upside lives.
What is VLYPO's Compass Score?
Valley National Bancorp - 5.5% scores 84/100 on Alexandria's Compass, placing it in the "True North" tier. Scores blend eight factors and update weekly.
What is the price target for VLYPO?
Alexandria's full Compass Direction includes bull, base, and bear price scenarios with the valuation math behind each. Read the full breakdown on the VLYPO page.
Compass verdicts are AI-generated, forward-looking editorial research from publicly available data, not investment advice or a recommendation regarding any security. Scores and verdicts update as the data changes.