Provident Financial Services, Inc. (PFS)

PFS Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	230.94	115.53	128.4	175.65	167.92	96.95
Depreciation & Amortization	69.17	54.59	22.19	23.69	22.73	20.02
Gain (Loss) on Sale of Assets	-0.62	-0.21	-2.7	-8.56	-0.5	-1.77
Gain (Loss) on Sale of Investments	14.82	10.12	8.3	12.49	15.59	9.98
Provision for Credit Losses	19.01	87.56	28.17	5	-24.34	29.72
Net Decrease (Increase) in Loans Originated / Sold - Operating	280.53	143.65	3.52	-1.77	49.53	89.13
Accrued Interest Receivable	1.13	-4.95	-7.06	-9.91	4.46	8.47
Change in Other Net Operating Assets	-15.5	40.53	-3.92	4.25	-85.52	-134.34
Other Operating Activities	-24.68	-30.87	-12.28	-12.76	-1.16	-21.07
Operating Cash Flow	583.75	426.38	173.4	200.31	156.81	103.3
Operating Cash Flow Growth	183.50%	145.90%	-13.44%	27.74%	51.80%	-24.56%
Capital Expenditures	-5.14	-1.31	-7.49	-9.41	-13.81	-12.83
Sale of Property, Plant and Equipment	2.35	-	0.11	0.02	0.04	0.95
Cash Acquisitions	-	194.55	-	-	-	78.09
Investment in Securities	-273.53	531.62	173.17	35.15	-985.33	128.2
Net Decrease (Increase) in Loans Originated / Sold - Investing	-619.11	-193.99	-632.94	-656.19	247.99	-717.95
Other Investing Activities	-17.47	-23.2	-2.45	-17.14	34.53	19.16
Investing Cash Flow	-912.91	507.67	-469.6	-647.56	-716.57	-504.37
Short-Term Debt Issued	-	18.6	156.3	-	-	-
Long-Term Debt Issued	-	857.08	534.81	3,982	913.69	2,430
Total Debt Issued	1,336	875.68	691.11	3,982	913.69	2,430
Short-Term Debt Repaid	-	-	-	-18.95	-8.44	-294.03
Long-Term Debt Repaid	-	-1,390	-58.44	-3,253	-1,469	-2,287
Total Debt Repaid	-1,264	-1,390	-58.44	-3,272	-1,478	-2,581
Net Debt Issued (Repaid)	72.54	-514.35	632.66	710.6	-564.2	-150.76
Issuance of Common Stock	-	-	0.79	-	0.89	0.45
Repurchase of Common Stock	-2.88	-1.32	-1.68	-47.55	-21.67	-22.13
Common Dividends Paid	-127.02	-100.96	-72.45	-72.02	-71.48	-65.82
Net Increase (Decrease) in Deposit Accounts	354.88	-291.75	-269.38	-669.72	1,396	984.94
Financing Cash Flow	297.52	-908.37	289.95	-78.7	739.86	746.68
Net Cash Flow	-31.64	25.68	-6.25	-525.96	180.11	345.61
Free Cash Flow	578.61	425.07	165.91	190.9	143.01	90.48
Free Cash Flow Growth	189.50%	156.21%	-13.09%	33.49%	58.06%	-31.48%
Free Cash Flow Margin	70.27%	70.01%	36.78%	38.15%	30.19%	25.47%
Free Cash Flow Per Share	4.44	3.87	2.22	2.55	1.87	1.30
Cash Interest Paid	508.42	397.28	210.35	46.9	35.91	49.42
Cash Income Tax Paid	74.32	36.18	46.46	51.05	57.47	36.51

Updated Jul 24, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q