Provident Financial Services, Inc. (PFS)
NYSE: PFS · Real-Time Price · USD
17.09
+0.02 (0.09%)
Mar 31, 2025, 1:25 PM EDT - Market open
PFS Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | 2019 - 2015 |
|---|---|---|---|---|---|---|
Period Ending | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 | 2019 - 2015 |
| Interest Income on Loans | 944.3 | 556.24 | 417.65 | 365.07 | 324 | Upgrade
|
| Interest Income on Investments | 101.84 | 59.59 | 48.53 | 37.27 | 39.31 | Upgrade
|
| Total Interest Income | 1,046 | 615.82 | 466.18 | 402.34 | 363.31 | Upgrade
|
| Interest Paid on Deposits | 349.52 | 159.46 | 38.7 | 26.51 | 33.59 | Upgrade
|
| Interest Paid on Borrowings | 96 | 56.91 | 9.93 | 9.8 | 17.15 | Upgrade
|
| Total Interest Expense | 445.52 | 216.37 | 48.63 | 36.32 | 50.74 | Upgrade
|
| Net Interest Income | 600.61 | 399.45 | 417.55 | 366.02 | 312.57 | Upgrade
|
| Net Interest Income Growth (YoY) | 50.36% | -4.33% | 14.08% | 17.10% | 4.90% | Upgrade
|
| Trust Income | 30.53 | 27.67 | 27.87 | 30.76 | 25.73 | Upgrade
|
| Gain (Loss) on Sale of Assets | - | -0.15 | 0.02 | 0.04 | 0.95 | Upgrade
|
| Gain (Loss) on Sale of Investments | -2.99 | 0.03 | 0.18 | 0.26 | 0.08 | Upgrade
|
| Other Non-Interest Income | 66.57 | 52.28 | 59.72 | 52.36 | 45.67 | Upgrade
|
| Total Non-Interest Income | 94.11 | 79.83 | 87.79 | 83.41 | 72.43 | Upgrade
|
| Non-Interest Income Growth (YoY) | 17.89% | -9.07% | 5.25% | 15.16% | 13.54% | Upgrade
|
| Revenues Before Loan Losses | 694.73 | 479.28 | 505.34 | 449.43 | 385 | Upgrade
|
| Provision for Loan Losses | 87.56 | 28.17 | 5 | -24.34 | 29.72 | Upgrade
|
| Revenue | 607.16 | 451.12 | 500.34 | 473.77 | 355.28 | Upgrade
|
| Revenue Growth (YoY) | 34.59% | -9.84% | 5.61% | 33.35% | 1.90% | Upgrade
|
| Salaries and Employee Benefits | 206.15 | 137.7 | 133.46 | 133.4 | 122.88 | Upgrade
|
| Occupancy Expenses | 28.87 | 18.58 | 34.57 | 32.93 | 27.14 | Upgrade
|
| Federal Deposit Insurance | 12.96 | 8.58 | 5.2 | 6.26 | 3.12 | Upgrade
|
| Amortization of Goodwill & Intangibles | 28.93 | 2.95 | 3.29 | 3.66 | 3.43 | Upgrade
|
| Selling, General & Administrative | 69.07 | 52.3 | 40.67 | 33.68 | 33.16 | Upgrade
|
| Other Non-Interest Expense | 54.71 | 47.4 | 38.93 | 40.13 | 38.01 | Upgrade
|
| Total Non-Interest Expense | 400.68 | 267.51 | 256.1 | 250.05 | 227.73 | Upgrade
|
| EBT Excluding Unusual Items | 206.48 | 183.61 | 244.23 | 223.72 | 127.55 | Upgrade
|
| Other Unusual Items | - | - | - | 3.4 | - | Upgrade
|
| Pretax Income | 149.62 | 175.78 | 240.11 | 227.12 | 127.55 | Upgrade
|
| Income Tax Expense | 34.09 | 47.38 | 64.46 | 59.2 | 30.6 | Upgrade
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| Net Income | 115.53 | 128.4 | 175.65 | 167.92 | 96.95 | Upgrade
|
| Net Income to Common | 115.53 | 128.4 | 175.65 | 167.92 | 96.95 | Upgrade
|
| Net Income Growth | -10.03% | -26.90% | 4.60% | 73.20% | -13.92% | Upgrade
|
| Basic Shares Outstanding | 110 | 75 | 75 | 76 | 70 | Upgrade
|
| Diluted Shares Outstanding | 110 | 75 | 75 | 77 | 70 | Upgrade
|
| Shares Change (YoY) | 46.53% | 0.12% | -2.32% | 9.96% | 7.56% | Upgrade
|
| EPS (Basic) | 1.05 | 1.72 | 2.35 | 2.20 | 1.39 | Upgrade
|
| EPS (Diluted) | 1.05 | 1.71 | 2.35 | 2.19 | 1.39 | Upgrade
|
| EPS Growth | -38.60% | -27.23% | 7.31% | 57.55% | -20.11% | Upgrade
|
| Dividend Per Share | 0.960 | 0.960 | 0.960 | 0.930 | 0.920 | Upgrade
|
| Dividend Growth | - | - | 3.23% | 1.09% | - | Upgrade
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| Effective Tax Rate | 22.79% | 26.96% | 26.85% | 26.06% | 23.99% | Upgrade
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Updated Feb 28, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.