Provident Financial Services, Inc. (PFS)
Stock Price Chart
Key Info
| Market Cap | 898.01M |
| Revenue (ttm) | 326.37M |
| Net Income (ttm) | 86.59M |
| Shares Out | 65.91M |
| EPS (ttm) | 1.34 |
| PE Ratio | 10.17 |
| Forward PE | 11.72 |
| Dividend | $0.92 |
| Dividend Yield | 6.75% |
Stock Quote
| Trading Day | Oct 26, 2020 |
| Last Price | $13.63 |
| Previous Close | $13.77 |
| Change ($) | -0.15 |
| Change (%) | -1.05% |
| Day's Open | 13.59 |
| Day's Range | 13.45 - 13.69 |
| Day's Volume | 46,149 |
| 52-Week Range | 9.05 - 25.49 |
More Stats
| Market Cap | 898.01M |
| Enterprise Value | 1.62B |
| Earnings Date (est) | Oct 30, 2020 |
| Ex-Dividend Date | Aug 13, 2020 |
| Shares Outstanding | 65.91M |
| Float | 59.50M |
| EPS (basic) | 1.34 |
| EPS (diluted) | 1.34 |
| FCF / Share | 1.91 |
| Dividend | $0.92 |
| Dividend Yield | 6.75% |
| Earnings Yield | 9.83% |
| FCF Yield | 13.70% |
| Payout Ratio | 68.70% |
| Shares Short | 997,985 |
| Short Ratio | 3.06 |
| Short % of Float | 1.68% |
| Beta | 0.98 |
| PE Ratio | 10.17 |
| Forward PE | 11.72 |
| P/FCF Ratio | 7.30 |
| PS Ratio | 2.75 |
| PB Ratio | 0.65 |
| Revenue | 326.37M |
| Operating Income | 113.53M |
| Net Income | 86.59M |
| Free Cash Flow | 123.01M |
| Net Cash | -721.53M |
| Net Cash / Share | -10.95 |
| Gross Margin | 106.83% |
| Operating Margin | 34.78% |
| Profit Margin | 26.50% |
| FCF Margin | 37.69% |
| ROA | 0.85% |
| ROE | 6.18% |
| ROIC | 1.10% |
Analyst Summary
Analyst Consensus: Overweight
Financial Performance
Financial Overview
| Year | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 349 | 336 | 328 | 309 | 301 | 275 | 255 | 245 | 220 | 205 |
| Revenue Growth | 3.88% | 2.24% | 6.4% | 2.6% | 9.2% | 8.15% | 3.97% | 11.53% | 7.13% | - |
| Gross Profit | 349 | 336 | 328 | 309 | 301 | 275 | 255 | 245 | 220 | 205 |
| Operating Income | 147 | 144 | 140 | 125 | 120 | 105 | 106 | 96.12 | 77.19 | 66.27 |
| Net Income | 113 | 118 | 93.95 | 87.80 | 83.72 | 73.63 | 70.53 | 67.27 | 57.34 | 49.71 |
| Shares Outstanding | 64.60 | 64.94 | 64.38 | 63.64 | 62.95 | 60.39 | 57.24 | 57.15 | 56.86 | 56.57 |
| Earnings Per Share | 1.74 | 1.82 | 1.45 | 1.38 | 1.33 | 1.22 | 1.23 | 1.18 | 1.01 | 0.88 |
| EPS Growth | -4.4% | 25.52% | 5.07% | 3.76% | 9.02% | -0.81% | 4.24% | 16.83% | 14.77% | - |
| Dividend Per Share | 1.12 | 0.82 | 0.93 | 0.71 | 0.65 | 0.60 | 0.56 | 0.71 | 0.47 | 0.44 |
| Dividend Growth | 36.59% | -11.83% | 30.99% | 9.23% | 8.33% | 7.14% | -21.13% | 51.06% | 6.82% | - |
| Operating Cash Flow | 137 | 156 | 117 | 127 | 115 | 102 | 120 | 108 | 93.83 | 92.26 |
| Capital Expenditures | -4.88 | -3.14 | 17.54 | -4.98 | -5.89 | -14.54 | -7.67 | -7.02 | 3.43 | -6.41 |
| Free Cash Flow | 132 | 153 | 135 | 122 | 109 | 87.14 | 112 | 101 | 97.26 | 85.86 |
| Cash & Equivalents | 187 | 143 | 191 | 144 | 102 | 104 | 101 | 104 | 69.63 | 52.23 |
| Total Debt | 1,125 | 1,442 | 1,743 | 1,613 | 1,708 | 1,510 | 1,204 | 803 | 920 | 970 |
| Net Cash / Debt | -938 | -1,300 | -1,552 | -1,468 | -1,605 | -1,406 | -1,103 | -699 | -851 | -917 |
| Assets | 9,809 | 9,726 | 9,845 | 9,500 | 8,912 | 8,523 | 7,487 | 7,284 | 7,097 | 6,825 |
| Liabilities | 8,395 | 8,367 | 8,547 | 8,249 | 7,716 | 7,379 | 6,477 | 6,302 | 6,145 | 5,903 |
| Book Value | 1,414 | 1,359 | 1,299 | 1,252 | 1,196 | 1,144 | 1,011 | 981 | 952 | 922 |
Company Profile
Company Details
| Full Name | Provident Financial Services, Inc. |
| Country | United States |
| Employees | 968 |
| CEO | Christopher P. Martin |
Stock Information
| Ticker Symbol | PFS |
| Stock Exchange | New York Stock Exchange |
| Sector | Financial Services |
| Industry | Banks—Regional |
| Unique Identifier | NYSE: PFS |
Description
Provident Financial Services operates as the holding company for Provident Bank that provides various banking 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 properties; commercial business loans; fixed-rate and adjustable-rate mortgage loans collateralized by one- to four-family residential real estate properties; commercial construction loans; and consumer loans consisting of home equity loans, home equity lines of credit, marine loans, personal loans, and auto and recreational vehicle loans. The company also offers cash management, remote deposit capture, payroll origination, escrow account management, and online and mobile banking services; and business credit cards. In addition, it provides wealth management services comprising investment management, trust and estate administration, financial planning, tax compliance and planning, and private banking. Further, the company sells insurance and investment products, including annuities; operates as a real estate investment trust for acquiring mortgage loans and other real estate related assets; and manages and sells real estate properties acquired through foreclosure. As of December 31, 2019, it operated 83 full-service branch offices in northern and central New Jersey, as well as in Pennsylvania. The company was founded in 1839 and is headquartered in Jersey City, New Jersey.