Provident Financial Services, Inc. (FRA:PQ3)

FRA:PQ3 Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	234.08	205.87	180.19	186.44	685.16	418.05
Investment Securities	956.17	1,053	768.85	765.48	786.47	614.35
Trading Asset Securities	144.75	179.33	105.16	151.19	66.5	109.11
Mortgage-Backed Securities	2,256	2,062	1,286	1,427	1,709	943.08
Total Investments	3,357	3,295	2,160	2,344	2,562	1,667
Gross Loans	18,802	18,669	10,884	10,263	9,595	9,841
Allowance for Loan Losses	-191.77	-193.43	-107.2	-88.02	-80.74	-101.47
Other Adjustments to Gross Loans	-10.92	-9.54	-12.46	-14.14	-13.71	-18.53
Net Loans	18,600	18,466	10,765	10,161	9,501	9,721
Property, Plant & Equipment	175.38	181.88	127.91	140.37	129.37	75.95
Goodwill	-	624.07	443.62	443.62	443.62	443
Other Intangible Assets	809.73	194.06	13.77	16.65	19.87	22.58
Loans Held for Sale	149.96	162.45	1.79	-	-	-
Accrued Interest Receivable	91.78	91.16	58.97	51.9	41.99	46.45
Restricted Cash	-	0.07	0.07	0.07	27.3	114.3
Long-Term Deferred Tax Assets	-	223.63	71.58	82.23	22.96	30.1
Other Real Estate Owned & Foreclosed	6.76	9.47	11.65	2.12	8.73	4.48
Other Long-Term Assets	673.8	485.48	297.72	286.81	305.21	317.38
Total Assets	24,225	24,052	14,211	13,783	13,781	12,920
Interest Bearing Deposits	13,891	14,046	7,871	7,811	8,100	6,779
Institutional Deposits	767.63	789.34	218.55	108.18	368.28	717.22
Non-Interest Bearing Deposits	3,790	3,789	2,203	2,644	2,766	2,341
Total Deposits	18,449	18,624	10,293	10,563	11,234	9,838
Short-Term Borrowings	697.51	559.55	688.83	608.39	62.47	142.6
Current Portion of Long-Term Debt	114.13	996.49	72.16	98	116.76	99.94
Current Portion of Leases	9.87	13.17	-	-	-	-
Long-Term Debt	406.02	405.32	10.73	10.49	10.28	25.14
Federal Home Loan Bank Debt, Long-Term	1,664	635.24	1,300	753.37	510.01	1,051
Long-Term Leases	53.01	52.06	60.04	63.37	50.24	-
Pension & Post-Retirement Benefits	-	13.47	13.07	13.92	18.67	20.73
Other Long-Term Liabilities	172.66	151.52	83.03	75.16	81.66	122.68
Total Liabilities	21,566	21,451	12,520	12,186	12,084	11,300
Common Stock	1.38	1.38	0.83	0.83	0.83	0.83
Additional Paid-In Capital	1,837	1,834	989.06	981.14	969.82	962.45
Retained Earnings	1,021	989.11	974.54	918.16	814.53	718.09
Treasury Stock	-90.27	-88.42	-127.83	-127.15	-79.6	-59.02
Comprehensive Income & Other	-110.25	-135.36	-146.01	-175.27	-8.48	-2.56
Shareholders' Equity	2,659	2,601	1,691	1,598	1,697	1,620
Total Liabilities & Equity	24,225	24,052	14,211	13,783	13,781	12,920
Total Debt	2,944	2,662	2,132	1,534	749.77	1,319
Net Cash (Debt)	-2,566	-2,277	-1,846	-1,196	1.9	-791.54
Net Cash Per Share	-20.78	-20.75	-24.66	-15.99	0.02	-11.37
Filing Date Shares Outstanding	130.66	130.49	75.31	74.73	76.21	76.61
Total Common Shares Outstanding	130.66	130.49	75.25	74.57	76.07	76.43
Book Value Per Share	20.35	19.93	22.47	21.43	22.31	21.19
Tangible Book Value	1,849	1,783	1,233	1,137	1,234	1,154
Tangible Book Value Per Share	14.15	13.66	16.39	15.25	16.22	15.10

Source: S&P Global Market Intelligence. Banks template. Financial Sources.