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XNYS
PFS
Market cap2.86bUSD
Oct 07, Last price  
21.97USD
1D
-1.39%
1Q
-5.99%
Jan 2017
-22.37%
IPO
38.61%
Name

Provident Financial Services Inc

Chart & performance

D1W1MN
XNYS:PFS chart
P/E
9.83
P/S
2.07
EPS
2.23
Div yield, %
4.37%
Shrs. gr., 5y
13.39%
Rev. gr., 5y
25.98%
Revenues
1.38b
+21.25%
314,090,000339,117,000335,941,000326,042,000318,086,000308,261,000305,872,000296,930,000320,529,000347,003,000357,708,000379,543,000418,505,000435,264,000435,740,000489,148,000553,970,000695,649,0001,140,251,0001,382,609,999
Net income
291m
+152.03%
53,685,00037,380,00041,642,000-121,824,00049,705,00057,344,00067,267,00070,534,00073,631,00083,722,00087,802,00093,949,000118,387,000112,633,00096,951,000167,921,000175,648,000128,398,000115,525,000291,160,000
CFO
442m
+3.73%
87,464,00070,541,00062,549,00023,513,00092,261,00093,833,000108,291,000119,921,000101,674,000114,866,000127,309,000117,220,000155,719,000136,925,000103,301,000156,814,000200,310,000173,396,000426,381,000442,264,000
Dividend
Aug 14, 20260.24 USD/sh

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Profile

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.

Related entities

Subsidiaries
Provident Bank

Key people

Executive Chairman of the Board · since 2022
President, Chief Executive Officer, Director · since 2022
Executive Vice Chairman of the Board · since 2024
President, Chief Executive Office - Provident Protection Plus, Inc · since 2024
James Christy
Executive Vice President; Chief Risk Officer of Provident Bank · since 2018
Executive Vice President, Chief Accounting Officer of Provident Bank · since 2023
William Fink
Executive Vice President, Chief Lending Officer · since 2025
Executive Vice President - Chief Retail Banking Officer · since 2020
Executive Vice President, Chief Administrative Officer · since 2024
Valerie Murray
Executive Vice President, Chief Wealth Management Officer · since 2024
Executive Vice President, Chief Credit Officer · since 2024
Carolyn Powell
Chief Human Resources Officer, Executive Vice President · since 2020
Walter Sierotko
Executive Vice President, Head - Commercial Real Estate · since 2024
Ravi Vakacherla
Executive Vice President, Chief Digital and Innovation Officer · since 2022
Executive Vice President, General Counsel, Corporate Secretary · since 2023
Nadine Duchemin-Leslie
Independent Director · since 2021
James Dunigan
Independent Director · since 2018
Frank Fekete
Independent Director · since 2015
Brian Flynn
Independent Director · since 2024
Independent Director · since 2019
IPO date
Jan 16, 2003
Employees
1,124
Domiciled in
US
Incorporated in
US
Legal address
c/o GREGORY INVESTMENT CORPORATION, 1150 NORTH MARKET STREET STE 918
WILMINGTON, DE 19801
US
Headquarters
830 Bergen Avenue
Jersey City, NJ 07306
US

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