PROVIDENT FINANCIAL SERVICES INC (PFS) Provident Financial Services, Inc. functions as the parent company for Provident Bank, delivering a broad spectrum of financial products and services to individuals, families, and businesses across the United States. Its deposit offerings encompass various account types, including savings, standard and interest-bearing checking accounts, money market accounts, certificates of deposit, and IRA products. The company's extensive loan portfolio features commercial real estate loans, which are collateralized by properties such as multi-family apartment complexes, office buildings, retail spaces, and industrial sites. It also provides commercial business loans, alongside fixed-rate and adjustable-rate mortgage loans secured by one-to-four family residential properties. Further loan options include commercial construction loans and a range of consumer loans like home equity loans, home equity lines of credit, marine loans, personal loans and unsecured lines of credit, and financing for automobiles and recreational vehicles. Beyond these, Provident delivers essential banking solutions such as cash management, remote deposit capture, payroll origination, escrow account management, and convenient online and mobile banking services, in addition to offering business credit cards. The company also extends wealth management services, covering investment management, trust and estate administration, financial planning, tax compliance and planning, and private banking. In a broader capacity, Provident sells insurance and investment products, including annuities. It also operates as a real estate investment trust (REIT), focused on acquiring mortgage loans and other real estate-related assets, and actively manages and sells properties obtained through foreclosure. As of December 31, 2021, the company maintained 96 full-service branch offices situated across northern and central New Jersey, as well as specific counties in Pennsylvania and New York. Provident Financial Services, Inc. was founded in 1839 and is headquartered in Jersey City, New Jersey.
Sector: Savings Institution, Federally Chartered
Industry: Banks - Regional
Provident Financial Services, Inc. NYSE:PFS Financial Services · Banks - Regional
Mkt Cap $2.99B
Div Yield 4.18%
Pre Pre-market -1.31%$22.66 Close $22.96 0.00% AH $22.96 -1.31%Now $22.66
Close $22.96 +0.09% AH $22.96 -1.31% since
Mkt Cap $2.99B
Div Yield 4.18%
Press Release
West Red Lake Gold Announces Integrated PFS Delivering C$764 Million Post-Tax NPV and Annual Gold Production of 100,000 Ounces Once Rowan Enters Production
globenewswire.com • 4d ago Press Release
Provident Bank Announces $83,000 in Grants to Ten New Jersey Non-Profit Organizations
Provident Bank awarded $83,000 in grants to ten New Jersey non-profits through its Community Development Partnership Program, targeting financial literacy, affordable housing, and homeownership.
The program has partnered with more than a dozen local organizations since July 2023; Provident holds $25.85 billion in assets as of September 30, 2026 across 135 branches.
The announcement is a routine community-relations item with no material financial or strategic impact on Provident Financial Services.
• 5d ago AI analysis › Press Release
Provident Financial Services, Inc. Declares Quarterly Cash Dividend
Provident Financial Services' board declared a quarterly cash dividend of $0.24 per common share.
The dividend is payable November 27, 2026, to stockholders of record as of the close of business on November 13, 2026.
This is a routine continuation of the company's quarterly payout; Provident Bank operates branches in New Jersey, Pennsylvania and New York.
• 10d ago AI analysis › Press Release ⚠ 3
Provident Financial Services, Inc. Reports Third Quarter Earnings
Provident Financial Services reported Q3 2026 net income of $69.2 million, or $0.53 per share, down from $0.55 a year ago, weighed down by a $17.5 million loss on extinguishment of subordinated debt, $3.7 million of core-conversion costs, and $465,000 of branch restructuring expense.
Excluding those items, core net income was $84.3 million or $0.65 per share, with record net interest income of $208.0 million and net interest margin expanding 7 basis points year-over-year to 3.50%. Core PPNR grew 10% YoY to $119.5 million, and deposits rose 5.31% annualized to $19.81 billion.
Offsetting the growth, non-performing loans climbed to $140.1 million (0.69% of loans) from $78.4 million (0.40%) at year-end 2025, and an $83.0 million AOCI reduction pressured tangible book value per share, which slipped to $16.16.
• 11d ago AI analysis › Press Release
Provident Financial Services, Inc. Schedules Third Quarter Earnings Conference Call
Provident Financial Services announced it will release Q3 2026 financial results on October 28, 2026 after market close, with an investor conference call the following morning at 10:00 a.m. ET.
The release contains no financial results or guidance — it is purely a scheduling notice with dial-in and webcast details.
As of June 30, 2026, the holding company for Provident Bank reported assets of $25.66 billion.
• 1mo ago AI analysis › Press Release
Provident Bank Survey: 7 in 10 Americans Are Rethinking Higher Education, and Nearly 1 in 3 Are Eyeing the Alternatives
Provident Bank released its 2026 Higher Education Survey, finding nearly 70% of respondents concerned about college costs and only 20.6% believing a degree is clearly worth the cost.
The survey of 1,001 U.S. adults shows trade school gaining traction (30.4% call it the best financial return path) and 71.3% saying rising costs changed their family's plans.
The release positions Provident's Financial Wellness Center and education savings guidance as an untapped growth opportunity, but it is a marketing survey with no earnings, guidance, or operational implications.
• 1mo ago AI analysis › Press Release
Koryx Copper Completes PFS Drill Program, Announces Further Positive Infill Drill Results at the Haib Copper Project in Southern Namibia
globenewswire.com • 1mo ago Press Release
RPX Gold Expands Gold Mineralization Beyond the PEA Open Pit and Underground Mine in Support of the Planned PFS
businesswire.com • 1mo ago Press Release ● Major
Inhibrx's INBRX-106 Nearly Doubles Response Rate and Achieves Interim Median PFS of 9.6 months in Phase 2 HNSCC Study
prnewswire.com • 2mo ago Press Release
Wallbridge Reports Results from 2026 Fenelon PFS Metallurgical Drilling Program
globenewswire.com • 2mo ago Press Release ⚠ 1
Provident Financial Services, Inc. Announces Pricing of Subordinated Notes Offering
Provident Financial Services priced a $175 million offering of 6.50% Fixed-to-Floating Rate Subordinated Notes due 2036, expected to close on August 24, 2026.
The company intends to use the net proceeds to repay $150 million of its 2.875% notes due 2031 and $20 million of variable rate junior subordinated notes due 2033, with the remainder for general corporate purposes.
The Notes will qualify as Tier 2 capital, with Piper Sandler and Keefe, Bruyette & Woods serving as joint book-running managers.
• 2mo ago AI analysis › Press Release
Provident Financial Services, Inc. and Provident Bank Promote Diane Gigliotti to Senior Vice President, Chief Accounting Officer
Provident Financial Services promoted Diane Gigliotti to Senior Vice President and Chief Accounting Officer, effective immediately.
Gigliotti previously served as the Bank's Controller and will report to CFO Adriano Duarte in her new role.
She brings over 20 years of experience, including prior leadership roles at BBVA's New York Branch.
• 3mo ago AI analysis › Press Release
Provident Financial Services, Inc. and Provident Bank Appoint Michael E. Regan to the Boards of Directors
Provident Financial Services appointed Michael E. Regan to the boards of the company and its subsidiary Provident Bank, effective July 30, 2026.
Mr. Regan is a veteran financial regulatory executive with over 35 years of experience, primarily with the FDIC, specializing in safety, soundness, and risk management.
Executive Chairman Christopher Martin stated that Regan's expertise in governance and risk will support the company's strategic priorities and long-term shareholder value.
• 3mo ago AI analysis › Press Release
Provident Financial Services, Inc. Declares Quarterly Cash Dividend
Provident Financial Services' Board of Directors declared a quarterly cash dividend of $0.24 per common share.
The dividend is payable on August 28, 2026 to shareholders of record as of the close of business on August 14, 2026.
Provident Financial Services is the holding company for Provident Bank, serving communities in New Jersey, Pennsylvania, and New York.
• 3mo ago AI analysis › Press Release ⚠ 2
Provident Financial Services, Inc. Reports Second Quarter Earnings
Provident Financial Services reported Q2 2026 net income of $78.1 million, or $0.60 per share, up from $72.0 million, or $0.55 per share, in the prior year, driven by record net interest income of $202.7 million and an expanded net interest margin of 3.48%.
The company demonstrated strong balance sheet growth with tangible book value per share increasing 12% year-over-year to $16.42, while core pre-provision net revenue reached $117.8 million and the core efficiency ratio improved to 49.75%.
Credit quality metrics weakened as non-performing loans rose to 0.68% of total loans from 0.40% a year ago, resulting in a $9.3 million provision for credit losses compared to a recapture in the same period last year.
• 3mo ago AI analysis › Press Release
Provident Strengthens its Commitment to Local Communities with $50,000 in Grants to 6 Non-Profit Organizations
Provident Bank awarded $50,000 in grants to six non-profit organizations through the Federal Home Loan Bank of New York's Small Business Recovery Grant Program.
The program provides up to $10,000 to qualifying small businesses and non-profits facing economic challenges such as inflation, supply-chain constraints, and rising energy costs.
First Vice President Leonardo Ramos stated that the partnership with FHLBNY helps local non-profits expand their impact and continue delivering critical services.
• 3mo ago AI analysis › Press Release
Anthony Petrazzuoli Joins Provident Bank as Senior Vice President, Deposit & Payments Operations Director
Anthony Petrazzuoli has joined Provident Bank as Senior Vice President and Director of Deposit & Payments Operations.
He brings over 25 years of experience, most recently serving as Executive Vice President and Retail Market Manager at M&T Bank where he managed a $13 billion deposit portfolio.
Provident Bank reported total assets of $25.20 billion as of March 31, 2026, and operates more than 140 branches across New Jersey, New York, and Pennsylvania.
• 3mo ago AI analysis › Press Release
Provident Financial Services, Inc. Schedules Second Quarter Earnings Conference Call
Provident Financial Services plans to release its second quarter 2026 financial results after the market closes on Wednesday, July 29, 2026.
Management will host a conference call to discuss the results on July 30, 2026 at 10:00 a.m. ET, accessible via webcast or dial-in.
As of March 31, 2026, the company reported total assets of $25.2 billion.
• 4mo ago AI analysis › Press Release
Provident Bank Appoints Adriano Duarte EVP and Chief Financial Officer
Provident Bank appointed Adriano Duarte as Executive Vice President and Chief Financial Officer, effective July 1, 2026, succeeding Thomas Lyons who retired.
Mr. Duarte most recently served as Executive Vice President and Chief Accounting Officer, joining the company in 2020 through the acquisition of SB One Bank.
He will report to President and CEO Anthony Labozzetta and oversee accounting, treasury, investor relations, and financial strategy.
• 4mo ago AI analysis › Press Release
Provident Bank Announces $1 Million in Grants to Ten New Jersey Non-Profit Organizations
Provident Bank announced $1 million in grants to ten New Jersey non-profits through the Neighborhood Revitalization Tax Credit Program to support housing and economic development.
The funding will be used by organizations such as Isles, Inc. and the Urban League of Essex County to implement revitalization plans in neighborhoods across the state.
CRA Officer Leonardo Ramos stated these investments reinforce the bank's commitment to building stronger communities and expanding economic opportunity.
• 4mo ago AI analysis › Press Release
Provident Bank Names Annamaria Vitelli EVP, Chief Wealth Officer and President of Beacon Trust
Provident Bank promoted Annamaria Vitelli to Executive Vice President, Chief Wealth Officer, and President of Beacon Trust, effective immediately.
Vitelli, who joined Beacon Trust in September 2025, will lead the strategic direction of the bank’s wealth management, investment, and fiduciary services.
She reports directly to CEO Anthony Labozzetta and joins the Executive Leadership Team, succeeding in a role focused on expanding the firm’s $4 billion AUM wealth business.
• 5mo ago AI analysis › Press Release
Dudick Promoted to SVP, Team Leader at Provident Bank
Provident Bank promoted Jessica Dudick to Senior Vice President and Team Leader for its Monmouth/Ocean Commercial & Industrial lending team.
Dudick, who joined the bank in 2021, will manage relationship managers and lending specialists focused on small- to mid-sized companies in Monmouth and Ocean Counties.
The promotion is part of the bank’s effort to strengthen its regional presence and grow its commercial loan portfolio and deposits.
• 5mo ago AI analysis › Press Release
Inflation, Debt, and a Housing Standstill: Provident Bank's 2026 Consumer Survey Captures the State of American Household Finances
globenewswire.com • 5mo ago Press Release
Eagle Nuclear Energy Announces Commencement of Environmental Baseline Studies in Advance of PFS-Related Drill Program at Aurora
globenewswire.com • 6mo ago Press Release ⚠ 2
Stonegate Capital Partners Updates Coverage on Provident Financial Services Inc (PFS) 1Q26
Stonegate Capital Partners issued a coverage update on Provident Financial Services, describing the first quarter as steady despite a sequential dip in EPS.
Net income was $79.4 million, or $0.61 per share, down from the prior quarter, while revenue held above $225 million supported by record noninterest income.
The firm emphasized a record $3.11 billion commercial pipeline and tangible book value growth, though it flagged rising senior housing-related non-performing loans as a key credit watch item.
• 6mo ago AI analysis › Press Release ⚠ 2
Provident Financial Services, Inc. Announces First Quarter Earnings
Provident Financial Services reported Q1 2026 net income of $79.4 million, or $0.61 per share, up from $64.0 million, or $0.49 per share, in the prior year. Pre-provision net revenue grew 13.5% year-over-year to $225.2 million, driven by expanding net interest income and higher insurance agency income.
Asset quality deteriorated during the quarter, with non-performing loans increasing to 0.73% of total loans from 0.40% in the prior quarter. This increase was primarily driven by four commercial loans totaling $82.1 million on senior housing properties subject to bankruptcy filings, though management notes strong collateral values with loan-to-value ratios ranging from 32.9% to 81.9%.
The company highlighted a record loan pipeline of $3.11 billion and tangible book value growth of 2.1% to $16.03 per share. Additionally, the company repurchased 588,923 shares during the quarter for $12.4 million.
• 6mo ago AI analysis › Press Release
Provident Bank Expands ABL Team with the Addition of Bruce Gibson as First Vice President, Senior Relationship Manager
Provident Bank appointed Bruce Gibson as First Vice President and Senior Relationship Manager within its Asset-Based Lending team to drive business development in the Northeast.
Gibson brings nearly four decades of experience from previous roles at Webster Business Credit, IDB Bank, Capital One, and Sterling National Bank.
He will focus on originating and managing complex asset-based lending relationships, leveraging his history with private equity sponsors and middle-market transactions.
• 6mo ago AI analysis ›