PFS icon

Provident Financial Services

16.43 USD
-0.50
2.95%
At close Jun 13, 4:00 PM EDT
After hours
16.43
+0.00
0.00%
1 day
-2.95%
5 days
-2.32%
1 month
-8.62%
3 months
-1.38%
6 months
-19.30%
Year to date
-11.67%
1 year
22.07%
5 years
22.70%
10 years
-12.37%
 

About: Provident Financial Services Inc is the holding company for The Provident Bank, a community-oriented bank. The Company's operations are solely in the financial services industry and include providing traditional banking and other financial services to its customers. The Company operates in the geographical regions of northern and central New Jersey, Queens and Nassau Counties in New York and eastern Pennsylvania. The Company has a single reporting segment for financial reporting purposes. The majority of the revenue-generating activities that are components of non-interest income are These revenue streams can generally be classified into three broad categories: wealth management revenue, insurance agency income, and banking service charges and other fees.

Employees: 1,801

0
Funds holding %
of 7,296 funds
Analysts bullish %

Fund manager confidence

Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)

642% more call options, than puts

Call options by funds: $386K | Put options by funds: $52K

100% more funds holding in top 10

Funds holding in top 10: 1 [Q4 2024] → 2 (+1) [Q1 2025]

0.36% less ownership

Funds ownership: 68.12% [Q4 2024] → 67.76% (-0.36%) [Q1 2025]

4% less first-time investments, than exits

New positions opened: 25 | Existing positions closed: 26

1% less funds holding

Funds holding: 254 [Q4 2024] → 251 (-3) [Q1 2025]

9% less capital invested

Capital invested by funds: $1.68B [Q4 2024] → $1.52B (-$159M) [Q1 2025]

12% less repeat investments, than reductions

Existing positions increased: 80 | Existing positions reduced: 91

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

Low target
$22
34%
upside
Avg. target
$22
34%
upside
High target
$22
34%
upside

1 analyst rating

positive
100%
neutral
0%
negative
0%
Keefe, Bruyette & Woods
Timothy Switzer
34%upside
$22
Outperform
Maintained
28 Apr 2025

Financial journalist opinion

Based on 5 articles about PFS published over the past 30 days

Neutral
GlobeNewsWire
4 days ago
Provident Bank Expands Newark Presence with New Branch, Reinforces Commitment to Local Community
New location marks Provident's fourth branch in Newark and continued commitment to the city New location marks Provident's fourth branch in Newark and continued commitment to the city
Provident Bank Expands Newark Presence with New Branch, Reinforces Commitment to Local Community
Neutral
GlobeNewsWire
1 week ago
Provident Bank Mid-Year Survey Shows Business Owners Balancing Tariff Concerns with Economic Optimism
ISELIN, N.J., June 03, 2025 (GLOBE NEWSWIRE) -- Provident Bank ,  a leading New Jersey-based financial institution, has released the results of its Mid-Year Business Outlook Survey, taking stock of business owner sentiment as they navigate a nuanced macroeconomic environment dominated by looming tariffs.
Provident Bank Mid-Year Survey Shows Business Owners Balancing Tariff Concerns with Economic Optimism
Positive
Seeking Alpha
3 weeks ago
Provident Financial Is Relatively Safe From Tariff Challenges And Offering A 5.8% Dividend Yield
PFS currently has a very large loan pipeline that is ~15% of loans outstanding. Therefore, loan growth will likely remain decent this year despite the tariffs. The net interest margin is largely unaffected by interest rate changes, which is a plus point in the current uncertain environment. The bond market turbulence will significantly reduce the market value of PFS' securities, which will diminish the equity book value.
Provident Financial Is Relatively Safe From Tariff Challenges And Offering A 5.8% Dividend Yield
Positive
Seeking Alpha
3 weeks ago
Buy Any Of 18 Ideal 'Safer' May Dividend Dogs Out Of 70 Graham Value All-Stars (GVAS)
I use YCharts' Value Score and Ben Graham Formula to identify large-cap stocks offering strong value relative to profits, assets, and dividends. Eighteen of twenty-four 'safer' lowest-priced Dividend Dogs of the GVAS are fair-priced and ready to buy for income-focused investors. Top ten GVAS stocks are projected to deliver 17.99% to 68.74% net gains by May 2026, with average risk 29% below the market.
Buy Any Of 18 Ideal 'Safer' May Dividend Dogs Out Of 70 Graham Value All-Stars (GVAS)
Positive
Zacks Investment Research
3 weeks ago
Wall Street Analysts Believe Provident Financial (PFS) Could Rally 28.13%: Here's is How to Trade
The consensus price target hints at a 28.1% upside potential for Provident Financial (PFS). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.
Wall Street Analysts Believe Provident Financial (PFS) Could Rally 28.13%: Here's is How to Trade
Positive
Zacks Investment Research
1 month ago
Does Provident Financial (PFS) Have the Potential to Rally 28.82% as Wall Street Analysts Expect?
The consensus price target hints at a 28.8% upside potential for Provident Financial (PFS). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.
Does Provident Financial (PFS) Have the Potential to Rally 28.82% as Wall Street Analysts Expect?
Neutral
Seeking Alpha
1 month ago
Provident Financial Services, Inc. (PFS) Q1 2025 Earnings Call Transcript
Provident Financial Services, Inc. (NYSE:PFS ) Q1 2025 Earnings Conference Call April 25, 2025 10:00 AM ET Company Participants Adriano Duarte - IR Officer Anthony Labozzetta - President & CEO Thomas Lyons - Senior Executive Vice President & CFO Conference Call Participants Tim Switzer - KBW Mark Fitzgibbon - Piper Sandler Feddie Strickland - Hovde Group Operator Thank you for standing by. My name is Kate, and I will be your conference operator today.
Provident Financial Services, Inc. (PFS) Q1 2025 Earnings Call Transcript
Positive
Zacks Investment Research
1 month ago
Provident Financial (PFS) Reports Q1 Earnings: What Key Metrics Have to Say
Although the revenue and EPS for Provident Financial (PFS) give a sense of how its business performed in the quarter ended March 2025, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Provident Financial (PFS) Reports Q1 Earnings: What Key Metrics Have to Say
Positive
Zacks Investment Research
1 month ago
Provident Financial (PFS) Surpasses Q1 Earnings Estimates
Provident Financial (PFS) came out with quarterly earnings of $0.50 per share, beating the Zacks Consensus Estimate of $0.47 per share. This compares to earnings of $0.43 per share a year ago.
Provident Financial (PFS) Surpasses Q1 Earnings Estimates
Neutral
GlobeNewsWire
1 month ago
Provident Financial Services, Inc. Announces First Quarter Earnings and Declares Quarterly Cash Dividend
ISELIN, N.J., April 24, 2025 (GLOBE NEWSWIRE) -- Provident Financial Services, Inc. (NYSE:PFS) (the “Company”) reported net income of $64.0 million, or $0.49 per basic and diluted share for the three months ended March 31, 2025, compared to $48.5 million, or $0.37 per basic and diluted share, for the three months ended December 31, 2024 and $32.1 million, or $0.43 per basic and diluted share, for the three months ended March 31, 2024. Net income for the three months ended March 31, 2025 was negatively impacted by a $2.7 million write-down on a foreclosed property, partially offset by a $624,000 profit on fixed asset sales related to the consolidation of three branches. While there were no transaction costs related to our merger with Lakeland Bancorp, Inc. (“Lakeland”) for the 2025 period, these costs totaled $20.2 million for the three months ended December 31, 2024 and $2.2 million for the three months ended March 31, 2024, respectively.
Provident Financial Services, Inc. Announces First Quarter Earnings and Declares Quarterly Cash Dividend
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