Is Valley National Bancorp - 6.25% (NASDAQ:VLYPP) a buy in 2026?
Hold. Valley National Bancorp - 6.25% is a wait-and-watch at today's price, not a fresh buy.
A 6.25% preferred trading at par is a coupon clipper, not a thesis. Fine for income, wrong for capital gains.
Where VLYPP is headed
This is not Valley National Bancorp the bank, this is VLYPP, the 6.25% Series B fixed-to-floating non-cumulative perpetual preferred. The distinction matters more than most retail screens admit. You are not buying a regional bank growth story at $25. You are buying a $25 par preferred share that pays $1.5625 a year, currently trading inside a 24.35 to 26.11 band that has barely flinched all year. The ceiling on this thing is the call price plus accrued. The floor is whatever happens to Valley National's balance sheet and the long end of the curve.
Read the full Compass Direction on VLYPP
The complete destination call, the overlooked angle, milestones, and bull, base, and bear price scenarios (around $25.26).
See the full VLYPP analysisGet calls like this, free
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Frequently asked questions
Is Valley National Bancorp - 6.25% (NASDAQ:VLYPP) a buy in 2026?
Hold. Valley National Bancorp - 6.25% is a wait-and-watch at today's price, not a fresh buy. A 6.25% preferred trading at par is a coupon clipper, not a thesis. Fine for income, wrong for capital gains.
What is VLYPP's Compass Score?
Valley National Bancorp - 6.25% scores 85/100 on Alexandria's Compass, placing it in the "True North" tier. Scores blend eight factors and update weekly.
What is the price target for VLYPP?
Alexandria's full Compass Direction includes bull, base, and bear price scenarios with the valuation math behind each. Read the full breakdown on the VLYPP 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.