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Dividend Yield: 6%

Northwest Bancshares offers a high dividend yield of approximately 6.0%, placing it in the top 25% of U.S. dividend payers. However, its dividends have been volatile over the past decade and are not currently covered by earnings, with a payout ratio exceeding 100%. Despite this, future earnings are expected to cover dividends with a forecasted payout ratio of 63.7% in three years. Recent financial results show declining net income and earnings per share compared to last year.

• Navigate through the intricacies of Northwest Bancshares with our comprehensive dividend report here.

• Our comprehensive valuation report raises the possibility that Northwest Bancshares is priced lower than what may be justified by its financials.

Valley National Bancorp

Simply Wall St Dividend Rating: ★★★★★☆

Overview: Valley National Bancorp, with a market cap of $5.16 billion, operates as the holding company for Valley National Bank, offering a range of commercial, private banking, retail, insurance, and wealth management financial services.

Operations: Valley National Bancorp generates revenue through its key segments, with Consumer Banking contributing $234.79 million, Commercial Banking accounting for $1.30 billion, and Treasury and Corporate Other adding $72.02 million.

Dividend Yield: 4.8%

Valley National Bancorp offers a dividend yield of 4.77%, ranking it in the top 25% of U.S. dividend payers. Despite stable dividends over the past decade, they have not grown and are considered unreliable due to past volatility. The current payout ratio is 70.4%, indicating dividends are covered by earnings, with forecasts suggesting improved coverage in three years at a 42.3% payout ratio. Recent executive changes may impact future strategic direction and financial performance consistency.

• Get an in-depth perspective on Valley National Bancorp's performance by reading our dividend report here.

• The valuation report we've compiled suggests that Valley National Bancorp's current price could be quite moderate.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Companies discussed in this article include NasdaqGS:NRIM NasdaqGS:NWBI and NasdaqGS:VLY.

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