Provident Financial Services, Inc. (PFS)
| Market Cap | 1.23B |
| Revenue (ttm) | 466.06M |
| Net Income (ttm) | 150.12M |
| Shares Out | 75.54M |
| EPS (ttm) | 2.01 |
| PE Ratio | 8.08 |
| Forward PE | 8.60 |
| Dividend | $0.96 (5.91%) |
| Ex-Dividend Date | Nov 9, 2023 |
| Volume | 538,349 |
| Open | 15.13 |
| Previous Close | 15.22 |
| Day's Range | 15.00 - 16.29 |
| 52-Week Range | 13.43 - 24.58 |
| Beta | 1.03 |
| Analysts | Buy |
| Price Target | 21.00 (+29.31%) |
| Earnings Date | Jan 26, 2024 |
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, and retail and industrial... [Read more]
Financial Performance
In 2022, PFS's revenue was $496.95 million, an increase of 4.15% compared to the previous year's $477.17 million. Earnings were $175.65 million, an increase of 4.60%.
Financial StatementsAnalyst Forecast
According to 3 analysts, the average rating for PFS stock is "Buy." The 12-month stock price forecast is $21.0, which is an increase of 29.31% from the latest price.
News
UPDATE - Beacon Trust Named One of America's Top RIA Firms by Forbes in Combination with SHOOK Research
The second annual ranking includes 250 advisory firms with cumulative assets of more than $1.1 trillion The second annual ranking includes 250 advisory firms with cumulative assets of more than $1.1 t...
Beacon Trust Named One of America's Top RIA Firms by Forbes in Combination with SHOOK Research
The second annual ranking includes 250 advisory firms with cumulative assets of more than $1.1 trillion The second annual ranking includes 250 advisory firms with cumulative assets of more than $1.1 t...
Provident Bank Welcomes Chao Huang as Assistant General Counsel, Investor Relations Specialist
ISELIN, N.J., Oct. 31, 2023 (GLOBE NEWSWIRE) -- Provident Bank , a leading New Jersey-based financial institution, is pleased to welcome Chao Huang as Assistant General Counsel, Investor Relations Sp...
Provident Financial Services, Inc. Announces Third Quarter Earnings and Declares Quarterly Cash Dividend
ISELIN, N.J., Oct. 26, 2023 (GLOBE NEWSWIRE) -- Provident Financial Services, Inc. (NYSE:PFS) (the “Company”) reported net income of $28.5 million, or $0.38 per basic and diluted share for the three m...
Provident Financial Services, Inc. Schedules Third Quarter Earnings Conference Call
ISELIN, N.J., Oct. 02, 2023 (GLOBE NEWSWIRE) -- Provident Financial Services, Inc. (NYSE: PFS) announced that it expects to release financial results for the quarter ended September 30, 2023 on Thursd...
Nationwide Survey Finds 85% of Americans Say Rising Wedding Expenses Will Impact Financial Well-Being
53% of respondents state they have spoken or will speak with their bank or financial advisor about financing options for their wedding 53% of respondents state they have spoken or will speak with thei...
Provident Financial Services, Inc. Announces Second Quarter Earnings and Declares Quarterly Cash Dividend
ISELIN, N.J., July 27, 2023 (GLOBE NEWSWIRE) -- Provident Financial Services, Inc. (NYSE:PFS) (the “Company”) reported net income of $32.0 million, or $0.43 per basic and diluted share for the three m...
Provident Bank Welcomes Diane Gigliotti as SVP, Controller and Mary Brown as SVP, Chief Compliance Officer
ISELIN, N.J., July 25, 2023 (GLOBE NEWSWIRE) -- Provident Bank, a leading New Jersey-based financial institution, is pleased to announce the addition of two talented and experienced leaders to the org...
Provident Bank Announces $950,000 in NRTC Funding Awards to Ten New Jersey Non-Profit Organizations
Funds will be used to support revitalization plans for distressed neighborhoods Funds will be used to support revitalization plans for distressed neighborhoods
Provident Financial Services, Inc. Schedules Second Quarter Earnings Conference Call
ISELIN, N.J., July 03, 2023 (GLOBE NEWSWIRE) -- Provident Financial Services, Inc. (NYSE: PFS) announced that it expects to release financial results for the quarter ended June 30, 2023 on Thursday, J...
Provident Branch Wins Silver ASID Award in Design Excellence
Award recognizes La Macchia Groups design of Provident Bank's Roslyn, NY branch Award recognizes La Macchia Groups design of Provident Bank's Roslyn, NY branch
Provident Financial Services, Inc. Announces First Quarter Earnings and Declares Quarterly Cash Dividend
ISELIN, N.J., April 27, 2023 (GLOBE NEWSWIRE) -- Provident Financial Services, Inc. (NYSE:PFS) (the “Company”) reported net income of $40.5 million, or $0.54 per basic and diluted share, for the three...
Provident Bank Donates Former Jersey City Branch to New City Kids
Bank also commits $100,000 from its Foundation to support the non-profit's mission Bank also commits $100,000 from its Foundation to support the non-profit's mission
Provident Financial Services, Inc. Schedules First Quarter Earnings Conference Call
ISELIN, N.J., April 03, 2023 (GLOBE NEWSWIRE) -- Provident Financial Services, Inc. (NYSE: PFS) announced that it expects to release financial results for the quarter ended March 31, 2023 on Thursday,...
Nationwide Survey Finds 48% of Americans Have Less Than $1,000 in Savings, While 20% Have No Savings at All
Adults in the 54 and older age group reported having the least amount in savings Adults in the 54 and older age group reported having the least amount in savings
Provident Financial Services, Inc. and Lakeland Bancorp, Inc. Announce the Receipt of Shareholder Approvals in Connection with Proposed Merger
ISELIN, NJ. and OAK RIDGE, NJ., Feb. 01, 2023 (GLOBE NEWSWIRE) -- Provident Financial Services, Inc. (NYSE: PFS) (“Provident”), the parent company of Provident Bank, and Lakeland Bancorp, Inc. (Nasdaq...
Provident Financial Services, Inc. Announces Record Fourth Quarter and Full Year Earnings, Declaration of Quarterly Cash Dividend and Annual Meeting Date
ISELIN, N.J., Jan. 27, 2023 (GLOBE NEWSWIRE) -- Provident Financial Services, Inc. (NYSE:PFS) (the “Company”) reported net income of $49.0 million, or $0.66 per basic and diluted share for the three m...
Provident Welcomes Scott Hurlbert as Digital Channels Director
Bank strengthens efforts to continue enhancing the digital experience for its customers Bank strengthens efforts to continue enhancing the digital experience for its customers
Provident Financial Services, Inc. Schedules Fourth Quarter and Year-End Earnings Conference Call
ISELIN, N.J., Jan. 03, 2023 (GLOBE NEWSWIRE) -- Provident Financial Services, Inc. (NYSE: PFS) announced that it expects to release financial results for the quarter and year ended December 31, 2022 o...
Here's why Mendon Capital Advisors' Anton Schutz likes regional banks
Anton Schutz, Mendon Capital Advisors president and CIO, joins 'The Exchange' to discuss the bright spots in the investing landscape this year, why the banks haven't benefited from higher net interest...
SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates MNRL, PFS, LBAI
NEW YORK , Dec. 6, 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 ...
LAKELAND BANCORP INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Lakeland Bancorp, Inc. - LBAI
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 Banco...
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 commun...
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 fr...
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 breache...