Merchants Bank of New York - Specimen Stock Certificate
Inv# SE2401 Stock
Stock printed by Franklin Lee Division - American Bank Note Co. Valley National Bancorp, operating as Valley Bank, is a regional bank holding company headquartered in Morristown, New Jersey, with approximately $64 billion in assets. Its primary subsidiary, Valley National Bank, boasts over 230 branch locations and commercial banking offices across New Jersey, New York, Florida, Alabama, California, and Illinois. Valley Bank is one of the largest commercial banks based in New Jersey. In 2000, Valley National Bancorp expanded its footprint beyond New Jersey by acquiring Merchants Bank in a transaction valued at $418.2 million in stock.
A stock certificate is issued by businesses, usually companies. A stock is part of the permanent finance of a business. Normally, they are never repaid, and the investor can recover his/her money only by selling to another investor. Most stocks, or also called shares, earn dividends, at the business's discretion, depending on how well it has traded. A stockholder or shareholder is a part-owner of the business that issued the stock certificates.
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