Provident Financial Services, Inc. (PFS)

NYSE: PFS · IEX Real-Time Price · USD
21.84
-0.15 (-0.68%)
Dec 7, 2022 4:00 PM EST - Market closed
-0.68%
Market Cap 1.65B
Revenue (ttm) 482.16M
Net Income (ttm) 163.91M
Shares Out 74.30M
EPS (ttm) 2.18
PE Ratio 10.02
Forward PE 9.78
Dividend $0.96 (4.40%)
Ex-Dividend Date Nov 9, 2022
Volume 276,188
Open 21.89
Previous Close 21.99
Day's Range 21.8 - 22.05
52-Week Range 19.18 - 26.2
Beta 0.95
Analysts Buy
Price Target 24.74 (+13.3%)
Earnings Date Jan 26, 2023

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. The company's deposit products include savings, checking, interest-bearing checking, money market deposit, and certificate of deposit accounts, as well as IRA products. Its loan portfolio comprises commercial real estate loans that are secured by properties, such as multi-family apartment buildings, office buildings, and retail and industrial... [Read more]

Industry Thrifts & Mortgage Finance
Founded 1839
CEO Christopher Martin
Employees 1,119
Stock Exchange NYSE
Ticker Symbol PFS
Full Company Profile

Financial Performance

In 2021, PFS's revenue was $477.17 million, an increase of 34.31% compared to the previous year's $355.28 million. Earnings were $167.92 million, an increase of 73.20%.

Financial Statements

Analyst Forecast

According to 8 analysts, the average rating for PFS stock is "Buy." The 12-month stock price forecast is 24.74, which is an increase of 13.28% from the latest price.

Price Target
$24.74
(13.28% upside)
Analyst Consensus: Buy
Stock Forecasts

News

LAKELAND BANCORP INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adeq...

NEW ORLEANS--( BUSINESS WIRE )--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Lakeland Bancorp...

Other symbols: LBAI
1 week ago - Business Wire

Provident Protection Plus Included in the Big “I” and Reagan Consulting 2022 Best Practices Study

The independent insurance agency, serving communities in New Jersey, New York, and Pennsylvania, was chosen out of 2,600 nominees as an industry leader The independent insurance agency, serving communit...

1 month ago - GlobeNewsWire

Provident Financial (PFS) Q3 Earnings Meet Estimates

Provident Financial (PFS) delivered earnings and revenue surprises of 0% and 9.56%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

1 month ago - Zacks Investment Research

Provident Financial Services, Inc. Announces Third Quarter Earnings and Declares Quarterly Cash Dividend

ISELIN, N.J., Oct. 28, 2022 (GLOBE NEWSWIRE) -- Provident Financial Services, Inc. (NYSE:PFS) (the “Company”) reported net income of $43.4 million, or $0.58 per basic and diluted share for the three mon...

1 month ago - GlobeNewsWire

Wall Street Analysts Think Provident Financial (PFS) Could Surge 27%: Read This Before Placing a Bet

The consensus price target hints at a 27.1% upside potential for Provident Financial (PFS). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings ...

1 month ago - Zacks Investment Research

National Survey Finds Nearly 75% of U.S. Businesses Have Been Affected by the Labor Shortage

57% of professionals surveyed said their company has instated a work from home or hybrid work option to retain or attract talent 57% of professionals surveyed said their company has instated a work from...

1 month ago - GlobeNewsWire

Here's Why Provident Financial (PFS) Is a Great 'Buy the Bottom' Stock Now

After losing some value lately, a hammer chart pattern has been formed for Provident Financial (PFS), indicating that the stock has found support. This, combined with an upward trend in earnings estimat...

2 months ago - Zacks Investment Research

Why Provident Financial (PFS) is a Great Dividend Stock Right Now

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Provident Financial (PFS) have what it takes?

2 months ago - Zacks Investment Research

SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates AERI, ECOM, PFS, LBAI

NEW YORK , Sept. 28, 2022 /PRNewswire/ -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches ...

Other symbols: ECOMLBAI
2 months ago - PRNewsWire

ALERT: Rowley Law PLLC is Investigating Proposed Acquisition of Lakeland Bancorp, Inc.

NEW YORK , Sept. 27, 2022 /PRNewswire/ -- Rowley Law PLLC is investigating potential securities law violations by Lakeland Bancorp, Inc. (NASDAQ: LBAI) and its board of directors concerning the proposed...

Other symbols: LBAI
2 months ago - PRNewsWire

PFS Stock Alert: Halper Sadeh LLC Is Investigating Whether the Merger of Provident Financial Services, Inc. Is Fair t...

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the merger of Provident Financial Services, Inc. (NYSE: PFS) with Lakeland Bancorp, Inc. is fair to Pro...

2 months ago - Business Wire

Provident Financial to combine with Lakeland Bancorp in Garden State banking tie-up

Provident Financial Services Inc. said Tuesday it inked a $1.3 billion, all-stock deal to combine with Lakeland Bancorp Inc. in a tie-up of two New Jersey banks bulking up ahead of an expected economic ...

Other symbols: LBAI
2 months ago - Market Watch

Provident Financial to buy Lakeland Bancorp for an 18% premium in a $1.3 billion stock deal

Provident Financial Services Inc. PFS, -0.56% and announced Tuesday and agreement to acquire Lakeland Bancorp Inc. LBAI, -0.55% in a stock deal valued at $1.3 billion. Provident's stock was indicated do...

Other symbols: LBAI
2 months ago - Market Watch

Provident Financial Services, Inc. and Lakeland Bancorp, Inc. to Combine to Create New Jersey's Premier Super-Communi...

Creates top-tier New Jersey / Tri-State area super-community bank with significant scale

Other symbols: LBAI
2 months ago - GlobeNewsWire

Provident Financial Services, Inc. and Lakeland Bancorp, Inc. to Combine to Create New Jersey's Premier Super-Communi...

Creates top-tier New Jersey / Tri-State area super-community bank with significant scale

2 months ago - GlobeNewsWire

Best Income Stocks to Buy for September 27th

ESEA, CGBD and PFS made it to the Zacks Rank #1 (Strong Buy) income stocks list on September 27, 2022.

Other symbols: CGBDESEA
2 months ago - Zacks Investment Research

Why Provident Financial (PFS) is a Top Dividend Stock for Your Portfolio

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Provident Financial (PFS) have what it takes?

2 months ago - Zacks Investment Research

3 Stellar Savings & Loan Stocks to Buy Amid Fed's Rate Hikes

The Zacks Savings and Loan industry players like PFS, GSBC and TFSL are gaining from interest rate hikes, robust loan growth and focus on efficiency improvements.

Other symbols: GSBCTFSL
2 months ago - Zacks Investment Research

Best Income Stocks to Buy for September 2nd

PFS, CFR and MBWM made it to the Zacks Rank #1 (Strong Buy) income stocks list on September 2, 2022.

Other symbols: CFRMBWM
3 months ago - Zacks Investment Research

Best Income Stocks to Buy for August 30th

PFS, PCB and CFR made it to the Zacks Rank #1 (Strong Buy) income stocks list on August 30, 2022.

Other symbols: CFRPCB
3 months ago - Zacks Investment Research

Provident Financial (PFS) is a Top Dividend Stock Right Now: Should You Buy?

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Provident Financial (PFS) have what it takes?

3 months ago - Zacks Investment Research

Best Income Stocks to Buy for August 22nd

PFS, CVBF and CTBI made it to the Zacks Rank #1 (Strong Buy) income stocks list on August 22, 2022.

Other symbols: CTBICVBF
3 months ago - Zacks Investment Research

This is Why Provident Financial (PFS) is a Great Dividend Stock

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Provident Financial (PFS) have what it takes?

3 months ago - Zacks Investment Research

Best Momentum Stocks to Buy for August 2nd

CCBG, PPC and PFS made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on August 2, 2022.

Other symbols: CCBGPPC
4 months ago - Zacks Investment Research

Provident Financial (PFS) Q2 Earnings and Revenues Top Estimates

Provident Financial (PFS) delivered earnings and revenue surprises of 1.92% and 2.61%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

4 months ago - Zacks Investment Research