Provident Financial Services, Inc. (PFS)
| Market Cap | 2.37B |
| Revenue (ttm) | 607.16M |
| Net Income (ttm) | 115.53M |
| Shares Out | 130.49M |
| EPS (ttm) | 1.05 |
| PE Ratio | 17.28 |
| Forward PE | 8.80 |
| Dividend | $0.96 (5.29%) |
| Ex-Dividend Date | Feb 14, 2025 |
| Volume | 740,998 |
| Open | 18.48 |
| Previous Close | 18.30 |
| Day's Range | 18.09 - 18.48 |
| 52-Week Range | 13.07 - 22.24 |
| Beta | 1.06 |
| Analysts | Strong Buy |
| Price Target | 23.00 (+26.79%) |
| Earnings Date | Apr 17, 2025 |
About PFS
Provident Financial Services, Inc. operates as the bank holding company for Provident Bank that provides various banking products and services to individuals, families, and businesses in the United States. Its deposit products include savings, checking, interest-bearing checking, money market deposit, and certificate of deposit accounts, as well as IRA products. The company’s loan portfolio comprises commercial real estate loans that are secured by properties, such as multi-family apartment buildings, office buildings, retail and industrial pro... [Read more]
Financial Performance
In 2024, PFS's revenue was $607.16 million, an increase of 34.51% compared to the previous year's $451.38 million. Earnings were $115.53 million, a decrease of -10.03%.
Financial StatementsAnalyst Forecast
According to 5 analysts, the average rating for PFS stock is "Strong Buy." The 12-month stock price forecast is $23.0, which is an increase of 26.79% from the latest price.
News
Provident Financial Services: Reported Earnings Could Almost Double In 2025
Provident Financial Services is a U.S. regional bank focused on mortgage lending in New Jersey, Pennsylvania, and New York. The bank's Q4 2024 results reflected the final costs of the merger with Lake...
Provident Bank Strengthens Executive Leadership Team, Welcoming Chief Lending Officer to Advance Commercial Banking and Lending Strategy
ISELIN, N.J., Feb. 11, 2025 (GLOBE NEWSWIRE) -- Provident Bank, a leading New Jersey-based financial institution, is pleased to announce the addition of Bill Fink as Executive Vice President, Chief Le...
Provident Financial Services, Inc. (PFS) Q4 2024 Earnings Call Transcript
Provident Financial Services, Inc. (NYSE:PFS) Q4 2024 Results Conference Call January 29, 2025 10:00 AM ET Company Participants Adriano Duarte - Head & Investor Relations Officer Tony Labozzetta - Pr...
Provident Financial Services, Inc. Announces Fourth Quarter and Full Year Earnings, Declaration of Quarterly Cash Dividend and Annual Meeting Date
ISELIN, N.J., Jan. 28, 2025 (GLOBE NEWSWIRE) -- Provident Financial Services, Inc. (NYSE:PFS) (the “Company”) reported net income of $48.5 million, or $0.37 per basic and diluted share for the three m...
Provident Bank Announces $50,000 in Grants to 11 Small Businesses and 4 Non-Profit Organizations
Funding is provided through the FHBNY's Small Business Recovery Grant Program Funding is provided through the FHBNY's Small Business Recovery Grant Program
Dividend Income Summary: Lanny's November 2024 Summary
Investing in dividend stocks allows you to earn dividend income, the best passive income stream. The power of compounding and dividend reinvestment is a wonderful component to the portfolio. All of th...
Provident Bank Strengthens Human Resources Team with Senior Vice President to Drive the Bank's People Development Strategy
ISELIN, N.J., Nov. 21, 2024 (GLOBE NEWSWIRE) -- Provident Bank , a leading New Jersey-based financial institution, is pleased to announce that Kim Strignile has joined the Human Resources team as Seni...
Provident Financial Services, Inc. (PFS) Q3 2024 Earnings Call Transcript
Provident Financial Services, Inc. (NYSE:PFS) Q3 2024 Earnings Conference Call October 30, 2024 10:00 AM ET Company Participants Adriano Duarte – Investor Relations Officer Tony Labozzetta – Presiden...
Provident Financial Services, Inc. Reports Third Quarter Earnings and Declares Quarterly Cash Dividend
ISELIN, N.J., Oct. 29, 2024 (GLOBE NEWSWIRE) -- Provident Financial Services, Inc. (NYSE:PFS) (the “Company”) reported net income of $46.4 million, or $0.36 per basic and diluted share for the three m...
Provident Bank Announces $88,000 in Grants to Nine New Jersey Non-Profit Organizations
Funding is provided through the bank's Community Partnership Program Funding is provided through the bank's Community Partnership Program
Readers Identify 25 Ideal July Dividend Buys Out Of 37 Picks
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Provident Bank Welcomes Leonardo Ramos As Vice President, CRA Officer
ISELIN, N.J., July 31, 2024 (GLOBE NEWSWIRE) -- Provident Bank , a leading New Jersey-based financial institution, is pleased to welcome Leonardo Ramos as Vice President, Community Reinvestment Act (...
Provident Financial Services, Inc. (PFS) Q2 2024 Earnings Call Transcript
Provident Financial Services, Inc. (NYSE:PFS) Q2 2024 Results Conference Call July 26, 2024 10:00 AM ET Company Participants Adriano Duarte - Head of Investor Relations Tony Labozzetta - President an...
Provident Financial Services, Inc. Reports Second Quarter 2024 Results Inclusive of Merger-Related Costs and Declares Quarterly Cash Dividend
ISELIN, N.J., July 25, 2024 (GLOBE NEWSWIRE) -- Provident Financial Services, Inc. (NYSE:PFS) (the “Company”) reported a net loss of $11.5 million, or $0.11 per basic and diluted share for the three m...
70 All-Star And Graham Value Stocks: 57 Fit To Buy In June
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68 All Star And Graham Value Stocks: 53 Fit To Buy In May
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Provident Financial Services, Inc. Completes Merger with Lakeland Bancorp, Inc.
Combines the Best of Two Highly Regarded Banks to Create the Premier Super Community Bank in the Region
Provident Financial Services, Inc. Announces Completion of Subordinated Notes Offering and Expected Merger Closing Date for the Lakeland Bancorp, Inc. Merger
ISELIN, N.J., May 13, 2024 (GLOBE NEWSWIRE) -- Provident Financial Services, Inc. (NYSE:PFS) (the “Company”), the holding company for Provident Bank (the “Bank”), today announced the completion of its...
Provident Financial Services, Inc. Announces Pricing and Upsizing of Subordinated Notes Offering
ISELIN, N.J., May 09, 2024 (GLOBE NEWSWIRE) -- Provident Financial Services, Inc. (NYSE:PFS) (the “Company”), the holding company for Provident Bank (the “Bank”), today announced the pricing of its of...
Provident Financial Services, Inc. Announces Launch of Subordinated Notes Offering
ISELIN, N.J., May 09, 2024 (GLOBE NEWSWIRE) -- Provident Financial Services, Inc. (NYSE:PFS) (the “Company”), the holding company for Provident Bank (the “Bank”), today announced that it intends to of...
March Readers Marked 20 Ideal-To-Buy Dividend Dogs
Prior to March 31, 2024, my readers mentioned 32 equities in their comments on my articles. Some bad-news investments (ROgues) mixed with (mostly) FAvorites. Thus, they remarked about the ReFa/Ro.
CORRECTION: Provident Bank Donates Original Bookkeeping Ledgers Dating Back to 1839 to the Jersey City Free Public Library
ISELIN, N.J., April 23, 2024 (GLOBE NEWSWIRE) -- Provident Bank, a leading New Jersey-based financial institution, is proud to announce the donation of its original bookkeeping ledgers to the Jersey C...
65 Graham Value Stocks: 54 Fit To Buy For April
Large Cap Value is a value ranking for large cap stocks that looks at the price of a stock relative to measurements of intrinsic firm value. The Ben Graham Formula strategy selects ultra-stable stocks...
Provident Financial Services, Inc. (PFS) Q1 2024 Earnings Call Transcript
Provident Financial Services, Inc. (NYSE:PFS) Q1 2024 Earnings Conference Call April 19, 2024 10:00 AM ET Company Participants Adriano Duarte - Senior Vice President And Investor Relations Officer To...