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olivLaw · US equity research

Provident Financial Services, Inc. PFS

Savings Institution, Federally Chartered · SIC 6035 · Vertical: Savings Institution, Federally Chartered (SIC 6035)

23.52USD+1.69% · 1 dayClose 04 Nov 2026

Provident Financial Services is the holding company of Provident Bank, a savings bank with branches in New Jersey, Pennsylvania and New York, with total assets of 25.66 billion USD as of June 30, 2026. It matters now because net interest margin and non-interest income rose in the second quarter of 2026, and investors are watching whether this trend holds.

The AI analysis may be outdated: new filings came after its sources (see the «AI analysis» section).

At the close of 04 Nov 2026, Provident Financial Services, Inc. (PFS) stock was 23.52 USD (+1.69% on the day), with market capitalisation 3.1 bn USD, P/E 9.8 on diluted EPS of 2.40 USD over the last 12 months, dividend yield 4.08%, beta 0.92, 52-week range 17.77–25.28 USD. Latest reported quarter (Q2 2026): revenue of 19.6 m USD (+7.5% YoY), net income of 78.1 m USD (+8.6% YoY), diluted EPS 0.60 USD.

Data as of · AI analysis dated · Source: SEC filings and closing prices, computed by olivLaw.

Market cap
3.1 bn USD
shares as of 03 Aug 2026
P/E (TTM)
9.8
Diluted EPS TTM 2.40 · TTM to 30 Jun 2026
E/P (TTM)
10.20%
TTM to 30 Jun 2026
Dividend yield
4.08%
DPS 12m 0.96
Beta (2y)
0.92
Volatility (1y) 23%
52-week range
17.7725.28

Price history

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Technical reading

RSI (14)
60.8
strong (55–70)
Bollinger (20, 2)
21.64 – 23.79
in the upper half of the band · %B 0.87 · band width 9.5%
SMA 50 / 200
22.86 / 22.69
uptrend (price > SMA50 > SMA200)
MACD (12, 26, 9)
0.18 / 0.07
MACD above signal

Indicators describe past prices; on their own they do not predict direction. On our history the RSI ≤ 40 filter added no return (see the signals methodology).

Performance

CompanyS&P 500vs S&P 500Vertical median
1 month+5.1%−2.0%+7.1 pp—
3 months−6.3%−2.2%−4.2 pp—
6 months+4.0%+4.3%−0.3 pp—
Year to date+19.1%+10.6%+8.5 pp—
1 year+28.6%+10.5%+18.1 pp+26.3%
3 years+51.4%+73.7%−22.2 pp+71.9%
5 years−8.4%+61.7%−70.1 pp—
Max drawdown (1y)
−15.4%
06 Feb 2026 → 18 Mar 2026
Max drawdown (5y)
−49.2%
07 Jan 2022 → 25 Jun 2024
Compound annual growth (5y)
−1.7%
S&P 500 +10.1%

Price returns, dividends excluded.

Quarterly results

Latest quarter: Q2 2026 · 30 Jun 2026

Revenue
19.6 m USD
+7.5% YoY
Net income
78.1 m USD
+8.6% YoY
Diluted EPS
0.60
+9.1% YoY
net / operating
397.8% / unavailable

Quarterly margins

Quarterly statements · USD

Fiscal yearQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26
Revenue17.9 m16.5 m18.9 m18.3 m17.7 m18.0 m20.6 m19.6 m
Depreciation & amortisation15.9 m ≈13.3 m13.2 m13.1 m ≈13.1 m ≈11.9 m11.8 m11.8 m ≈
Pre-tax income65.3 m62.7 m91.9 m102.4 m101.6 m112.2 m110.2 m106.1 m
Income tax18.9 m14.2 m27.8 m30.5 m29.9 m28.8 m30.8 m27.9 m
Net income46.4 m48.5 m64.0 m72.0 m71.7 m83.4 m79.4 m78.1 m
Diluted EPS0.360.37 ≈0.490.550.550.64 ≈0.610.60
Operating cash flow69.2 m ≈239.3 m88.5 m186.8 m ≈98.0 m ≈68.9 m84.7 m118.8 m ≈
Capex1.3 m ≈-1.5 m1.1 m4.2 m ≈1.3 m ≈4.9 m3.7 m10.2 m ≈
Dividends paid31.4 m ≈32.4 m31.9 m31.3 m ≈31.3 m ≈31.3 m31.4 m30.4 m ≈
Share repurchases——00 ≈——10.3 m0 ≈

≈ derived quarter (cumulative difference / share-days average)

E/P over time

E/P = trailing-12-month diluted EPS / price at quarter end. E/P is the inverse of P/E and stays defined when earnings are negative.

Today's P/E sits at the 23 percentile of its own 39-quarter history (min 7.4, median 11.1, max 20.5; quarters with earnings only).

Fiscal years

Fiscal year20182019202020212022202320242025
Revenue37.3 m41.4 m45.5 m57.6 m55.0 m57.5 m68.3 m73.1 m
Revenue YoY+2.2%+10.9%+10.1%+26.4%−4.5%+4.6%+18.7%+7.1%
Net income118.4 m112.6 m97.0 m167.9 m175.6 m128.4 m115.5 m291.2 m
Net income YoY+26.0%−4.9%−13.9%+73.2%+4.6%−26.9%−10.0%+152.0%
Diluted EPS1.821.741.392.192.351.711.052.23
Diluted EPS YoY+25.5%−4.4%−20.1%+57.6%+7.3%−27.2%−38.6%+112.4%
net %317.5%272.4%212.9%291.7%319.4%223.2%169.2%398.3%
Free cash flow152.6 m132.0 m90.5 m143.0 m190.9 m165.9 m425.1 m430.7 m

Reported results vs expectations

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Balance sheet & financial health

Fiscal year 2025 · 31 Dec 2025

Cash
209.1 m USD
Financial debt
unavailable USD
Net debt
unavailable USD
Equity
2.8 bn USD
Total assets
25.0 bn USD
Debt / equity
unavailable
Current ratio
unavailable
ROE
10.7%
ROA
1.2%
FCF margin
589.2%

Financial statements (source on every figure)

Revenue and net income (USD)

Income statement · USD

Net interest income
2023
399.5 m
2024
600.6 m
2025
760.6 m

SEC (XBRL)· 27 Feb 2026verified

Net fee income
2023
79.8 m
2024
94.1 m
2025
109.8 m

SEC (XBRL)· 27 Feb 2026verified

Non-interest expense
2023
275.3 m
2024
457.5 m
2025
458.7 m

SEC (XBRL)· 27 Feb 2026verified

Pre-tax income
2023
175.8 m
2024
149.6 m
2025
408.2 m

SEC (XBRL)· 27 Feb 2026verified

Net income
2023
128.4 m
2024
115.5 m
2025
291.2 m

SEC (XBRL)· 27 Feb 2026verified

Diluted EPS
2023
1.71
2024
1.05
2025
2.23

SEC (XBRL)· 27 Feb 2026verified

Dividend per share
2023
0.96
2024
0.96
2025
0.96

SEC (XBRL)· 27 Feb 2026verified

Balance sheet · USD

Cash
2023
180.2 m
2024
205.9 m
2025
209.1 m

SEC (XBRL)· 27 Feb 2026verified

Loans
2023
10.8 bn
2024
18.6 bn
2025
19.3 bn

SEC (XBRL)· 27 Feb 2026verified

Total assets
2023
14.2 bn
2024
24.1 bn
2025
25.0 bn

SEC (XBRL)· 27 Feb 2026verified

Deposits
2023
10.3 bn
2024
18.6 bn
2025
19.3 bn

SEC (XBRL)· 27 Feb 2026verified

Total liabilities
2023
12.5 bn
2024
21.5 bn
2025
22.1 bn

SEC (XBRL)· 27 Feb 2026verified

Equity
2023
1.7 bn †
2024
2.6 bn †
2025
2.8 bn †

SEC (XBRL)· 27 Feb 2026verified

Cash flow · USD

Dividends paid
2023
72.4 m
2024
101.0 m
2025
125.9 m

SEC (XBRL)· 27 Feb 2026verified

Share repurchases
2023
0
2024
0
2025
0

SEC (XBRL)· 27 Feb 2026verified

Computed indicators

Growth

Revenue growth (YoY)
7.1%
computed by olivLawFY 2025
Revenue CAGR 3Y
10.0%
computed by olivLawFY 2022 → FY 2025
Revenue CAGR 5Y
9.9%
computed by olivLawFY 2020 → FY 2025
Net income growth (YoY)
152.0%
computed by olivLawFY 2025
Net income CAGR 3Y
18.3%
computed by olivLawFY 2022 → FY 2025
Net income CAGR 5Y
24.6%
computed by olivLawFY 2020 → FY 2025
EPS growth (YoY)
112.4%
computed by olivLawFY 2025
EPS CAGR 3Y
-1.7%
computed by olivLawFY 2022 → FY 2025
EPS CAGR 5Y
9.9%
computed by olivLawFY 2020 → FY 2025

Profitability

Net margin
411.6%
computed by olivLawTTM to 30 Jun 2026

Returns

ROE
11.1%
computed by olivLawTTM to 30 Jun 2026 · balance sheet at 30 Jun 2026
ROA
1.2%
computed by olivLawTTM to 30 Jun 2026 · balance sheet at 30 Jun 2026
Payout ratio (EPS)
40.0%
computed by olivLawTTM to 30 Jun 2026

Market and valuation

Market capitalisation
3.1 bn USD
computed by olivLawbalance sheet at 30 Jun 2026
Market cap / net income TTM
9.8x
computed by olivLawTTM to 30 Jun 2026
P/E (TTM)
9.8x
computed by olivLawTTM to 30 Jun 2026
Earnings yield
10.2%
computed by olivLawTTM to 30 Jun 2026
P/B
1.1x
computed by olivLawbalance sheet at 30 Jun 2026
P/S
40.4x
computed by olivLawTTM to 30 Jun 2026 · balance sheet at 30 Jun 2026
Dividend yield
4.1%
computed by olivLawTTM to 30 Jun 2026
Shareholder yield (distributions)
4.4%
computed by olivLawTTM to 30 Jun 2026 · balance sheet at 30 Jun 2026

Banking

Net interest margin
3.1%
computed by olivLawTTM to 30 Jun 2026 · balance sheet at 30 Jun 2026
Cost-to-income
51.2%
computed by olivLawTTM to 30 Jun 2026
Loan-to-deposit
101.6%
computed by olivLawbalance sheet at 30 Jun 2026
NPL ratio
unavailable
input data missing
CET1 ratio
unavailable
input data missing
Cost of risk
unavailable
input data missing

32 indicators that do not apply to the sector.

Valuation

olivLaw classification

Neutral profile

Score: 66 / 100

A scoring methodology on indicators and valuation, not investment advice.

Closing price

23.52 USD

04 Nov 2026Source: olivLaw, closing series

Market cap: 3.1 bn USD

Key indicators

Market capitalisation
3.1 bn USD
computed by olivLawbalance sheet at 30 Jun 2026
P/E (TTM)
9.8x
computed by olivLawTTM to 30 Jun 2026
P/B
1.1x
computed by olivLawbalance sheet at 30 Jun 2026
ROE
11.1%
computed by olivLawTTM to 30 Jun 2026 · balance sheet at 30 Jun 2026
Net margin
411.6%
computed by olivLawTTM to 30 Jun 2026
Revenue growth (YoY)
7.1%
computed by olivLawFY 2025
Dividend yield
4.1%
computed by olivLawTTM to 30 Jun 2026

Coverage and freshness

15/20 reporting lines present
Latest full fiscal year: 2025
Latest reported period: 30 Jun 2026
Latest balance sheet date: 30 Jun 2026
Share count (cover of the latest filing), as of: 03 Aug 2026
Source: SEC (XBRL)published 07 Aug 2026
verified 2355derived 160

Score by group

  • Valuation88
  • Returns73
  • Quality68
  • Balance sheet0
  • Growth43

Estimated value range

Low
22.80
USD per share
Mid
25.49
USD per share
High
30.65
USD per share
Price: 23.52 USD
The price is within the range
Potential to the central value: 8.4% (value / price − 1)
Margin of safety: 7.7% (1 − price / value)
Agreement between methods: high · 5 methods used · 4 independent bases

The combined range = the median of the valid methods' low, central and high values; it is not a probability interval and does not cover every result. Envelope of all methods: 12.62 – 33.20 USD.

Valuation assumptions are editorial choices, not measured; beta is not measured.

Method ranges (USD per share)

— — Mid · ▏ Price

Valuation methods

  • Residual income22.70 – 23.73 (Mid 23.20)
  • Justified P/B24.69 – 33.20 (Mid 28.32)
  • Dividend discount (DDM)12.62 – 16.97 (Mid 14.47)
  • Peers: P/E26.89 – 32.10 (Mid 29.78)
    10 companies used · median multiple 12.4x · quartiles 11.2x – 13.4x
    AX, BKU, CFFN, EBC, FCAP, HFBL, HTB, KRNY, NRIM, WNEB
  • Peers: P/B22.80 – 30.65 (Mid 25.49)
    12 companies used · median multiple 1.1x · quartiles 1.0x – 1.4x
    AX, BKU, CFFN, EBC, FCAP, FDSB, HFBL, HTB, KFFB, KRNY, NRIM, WNEB
Multiple comparisons use the SIC vertical: Savings Institution, Federally Chartered (SIC 6035)

Classification (SIC) comparables group by industry code, not by economic activity; the direct group is an editorial selection by activity. Members' multiples are on their own trailing twelve months, at their own latest close.

Assumptions (illustrative, editorial)

Risk-free rate
4.3%
Equity risk premium
5.0%
Beta (default)
1.00
Cost of equity
9.3%
Terminal growth
2.5%

Factor scorecard

Neutral profile · Score 66/100

FactorValueScoreWeight used
ROE · Quality11.1%79 (vs peers)19%
ROA · Quality1.2%60 (on a fixed band)7%
Cost-to-income · Quality51.2%55 (on a fixed band)12%
Net interest margin · Quality3.1%66 (on a fixed band)7%
EPS CAGR 3Y · Growth-1.7%0 (on a fixed band)10%
Revenue CAGR 3Y · Growth10.0%100 (on a fixed band)7%
NPL ratio · Balance sheetunavailableunavailable—
Cost of risk · Balance sheetunavailableunavailable—
Loan-to-deposit · Balance sheet101.6%0 (on a fixed band)5%
P/B · Valuation1.1x77 (vs peers)12%
P/E (TTM) · Valuation9.8x100 (vs peers)12%
Dividend yield · Returns4.1%73 (vs peers)10%

Factors without a value were dropped; the remaining weights were renormalised.

Score groups

  • Balance sheet· partial0/100 · 1/3 factors with a value
  • Growth43/100 · 2/2 factors with a value
  • Quality68/100 · 4/4 factors with a value
  • Returns73/100 · 1/1 factors with a value
  • Valuation88/100 · 2/2 factors with a value

A «partial» group is computed from under half of its weight or from one factor: it is not a full assessment of the group.

Memo

PROVIDENT FINANCIAL SERVICES INC (PFS). Latest full fiscal year: 2025; data up to 2026-06-30.

Figures computed from the financial statements: net interest income 760.6 m USD in 2025; YoY growth 7.1%; net margin 411.6%; ROE 11.1%.

The estimated value range is 22.80–30.65 USD per share (median of 5 methods, agreement: high); assumptions are illustrative. Against the central value of 25.49 USD, the price of 23.52 USD leaves a potential of 8.4% (value / price − 1) and a margin of safety of 7.7% (1 − price / value). The range is the median of the methods' low, central and high values, not a probability interval.

olivLaw score 66/100, methodological classification: neutral profile (score, margin of safety and method agreement together; not a judgement of the right price). Groups assessed only in part: balance. Not investment advice.

Text generated deterministically from the figures shown; no language model. Not investment advice.

What supports the thesis

  • ROE: 11.1%
  • Revenue CAGR 3Y: 10.0%
  • P/B: 1.1x
  • P/E (TTM): 9.8x
  • Dividend yield: 4.1%

What contradicts it

  • EPS CAGR 3Y: -1.7%
  • Loan-to-deposit: 101.6%

Not assessed (insufficient data or a ratio without meaning): NPL ratio, Cost of risk.

Versus the vertical median

Savings Institution, Federally Chartered (SIC 6035) · same industry (4-digit SIC) · compared with 14 companies

Multiples and returns vs the median

P/E
9.8x
vertical median 13.3x
below median (−26.3%)
EV/EBITDA
—
vertical median —
P/S
40.4x
vertical median 53.0x
below median (−23.8%)
P/B
1.1x
vertical median 1.2x
below median (−8.5%)
ROE
11.1%
vertical median 8.6%
above median (+29.5%)
Net margin
411.6%
vertical median 273.6%
above median (+50.5%)
EBIT margin
—
vertical median —
Revenue YoY
7.1%
vertical median 7.4%
below median (−5.2%)
Net debt/EBITDA
—
vertical median —
Dividend yield
4.1%
vertical median 2.5%
above median (+66.2%)

Price rebased to 100 (monthly, 5 years)

Companies in the vertical

Market capP/EROENet marginRevenue YoY1A / 3A
AXAxos Financial, Inc.5.4 bn10.716.7%624.8%+23.5%+15% / +147%
EBCEastern Bankshares, Inc.5.3 bn13.39.4%257.2%+19.1%+24% / +95%
TFSLTfs Financial Corporation4.7 bn46.05.3%—unavailable+17% / +26%
BKUBankUnited, Inc.3.2 bn12.39.2%1,154.5%+7.4%+4% / +63%
PFSProvident Financial Services Inc3.1 bn9.811.1%411.6%+7.1%+29% / +51%
CFFNCapitol Federal Financial, Inc.1.1 bn13.48.0%508.2%+6.5%+33% / +63%
HTBHomeTrust Bancshares, Inc.798.6 m12.511.0%—−1.9%+17% / +107%
KRNYKearny Financial Corp.605.1 m16.44.8%—+36.0%+36% / +18%
NRIMNorthrim Bancorp, Inc.545.0 m9.916.6%21.8%+30.4%−0% / +99%
WNEBWestern New England Bancorp, Inc.281.6 m16.76.9%—−34.3%+15% / +79%
FCAPFirst Capital, Inc.215.3 m11.613.9%252.8%+1.6%+29% / +145%
FDSBFifth District Bancorp, Inc.92.5 m52.41.3%273.6%−2.3%+29% / unavailable
HFBLHome Federal Bancorp, Inc. of Louisiana67.7 m11.110.8%364.5%+30.0%+40% / +72%
KFFBKentucky First Federal Bancorp44.4 m32.02.9%—−11.8%+31% / +18%
BYFCBroadway Financial Corporation——-7.6%-11,027.1%+18.7%+86% / +54%

1- and 3-year price returns: for PFS from daily closes (the same as the performance table), for the other companies from month-end closes.

olivLaw engine forecast

The world engine ran after the company's latest material disclosure. Probabilities are of TOUCHING a level within the horizon (not closing there) and sit next to the random walk (p_rw), the no-information benchmark.

The engine has no published run for this company yet.

Valuation scenarios (editable assumptions)

Illustrative scenarios

Illustrative: not forecasts and without probabilities. Each case is one coherent set of assumptions, computed on today's figures.

Bear
Allowed range: -50 … 50%
Allowed range: -100 … 100%
Allowed range: 0 … 100
Allowed range: -10 … 20%
Allowed range: 0 … 100%
Base
Allowed range: -50 … 50%
Allowed range: -100 … 100%
Allowed range: 0 … 100
Allowed range: -10 … 20%
Allowed range: 0 … 100%
Bull
Allowed range: -50 … 50%
Allowed range: -100 … 100%
Allowed range: 0 … 100
Allowed range: -10 … 20%
Allowed range: 0 … 100%
Nothing is saved.

Estimated price (USD)

Estimated priceBearBaseBull
1 years
14.66
Total return -34% · Per year -34%
25.85
Total return 14% · Per year 14%
38.85
Total return 71% · Per year 71%
3 years
15.83
Total return -22% · Per year -8%
31.26
Total return 48% · Per year 14%
51.34
Total return 137% · Per year 33%
5 years
17.10
Total return -9% · Per year -2%
37.79
Total return 88% · Per year 13%
67.85
Total return 225% · Per year 27%
What moves the 3-year price the most
  • Exit P/E± 7.81
  • Net margin± 5.47
  • Annual revenue growth± 4.27
  • Annual dilution± 0.46

AI analysis

AI-generatedAI-generated analysis (Claude) from cited public sources; it may contain errors. Not investment advice. As of 27 Oct 2026 · Model: claude-haiku-5-5.

Possibly outdated: the newest document it read is from 07 Aug 2026; since then the company filed 8-K (29 Oct 2026 · results).

In brief

Provident Financial Services is the holding company of Provident Bank, a savings bank with branches in New Jersey, Pennsylvania and New York, with total assets of 25.66 billion USD as of June 30, 2026. It matters now because net interest margin and non-interest income rose in the second quarter of 2026, and investors are watching whether this trend holds.

SWOT

Strengths

  • A solid branch network across three states and a stable base of savings and non-interest bearing deposits.
  • Rising net interest margin and non-interest income in the second quarter of 2026.
  • Growing capital, with the tangible common equity ratio rising year over year.

Weaknesses

  • Non-performing loans have risen since year-end 2025, increasing sensitivity to provisions.
  • Reliance on commercial real estate, which carries higher credit risk than residential mortgages.
  • Integration and core system conversion costs linked to the Lakeland merger.

Opportunities

  • A record commercial loan pipeline could support organic growth if demand stays strong.
  • Expanding wealth management and insurance income could diversify revenue sources.
  • A diversified local economy may offer new corporate and retail clients.

Threats

  • Deposit cost pressure if rates stay high and competitors offer higher yields.
  • A local economic downturn could raise losses on commercial and real estate loans.
  • Regulatory conditions imposed after the Lakeland merger may limit operational flexibility.

Risks

  • Commercial real estatehigh

    Commercial real estate is a large part of the portfolio and is sensitive to vacancy and falling rents.

  • Interest rateshigh

    If deposit costs rise faster than loan yields, the net interest margin could decline.

  • Regulatory conditionsmedium

    Conditions attached to the Lakeland merger could lead to supervisory action if not met.

  • Core conversionmedium

    The core system conversion could cause operational disruption and unexpected costs.

  • Cybersecuritylow

    Security incidents could affect client data and the bank's operations.

Investment thesis

What would need to be true (bull case)

  • If net interest margin and commercial loan growth hold, reported results could keep improving.
  • A record pipeline and growing fee income could diversify revenue sources.
  • Growing capital gives a firmer base for expansion and for absorbing possible losses.

What would break the thesis

  • If rates stay high, deposit costs could compress margins more than expected.
  • Rising non-performing loans could mean higher provisions and pressure on profit.
  • Reliance on commercial real estate leaves the bank exposed to a local economic slowdown.

What to watch

  • Trend in non-performing loans and provisionsQ3 2026
  • Net interest margin and deposit costsQ3 2026
  • Conversion of the commercial loan pipeline2026
  • Completion of the core system conversion and related costsnext 10-K

Products, market & competition

AI-generatedAI-generated analysis (Claude) from cited public sources; it may contain errors. Not investment advice. As of 27 Oct 2026 · Model: claude-haiku-5-5.

Possibly outdated: the newest document it read is from 07 Aug 2026; since then the company filed 8-K (29 Oct 2026 · results).

The business

The company is a Delaware corporation that became the holding company of Provident Bank in 2003 and wholly owns the bank. The bank, founded in 1839 as a New Jersey savings bank, takes deposits from individuals and businesses and funds commercial real estate, commercial, residential mortgage and consumer loans. Through its subsidiaries Beacon Trust Company and Provident Protection Plus, it also offers fiduciary, wealth management and insurance brokerage services.

After the merger with Lakeland Bancorp on May 16, 2024, which added 10.59 billion USD to total assets and 68 offices, the bank closed 13 Lakeland offices and nine legacy branches in the third quarter of 2024 due to geographic overlap. Deposit and lending activity remains concentrated in communities around its branches, and the loan book is dominated by commercial real estate.

Segments

Deposits

Savings and non-interest bearing deposits are the main funding source, and total deposits stood at 19.55 billion USD as of June 30, 2026.

Non-interest income

Wealth management, fee income and insurance brokerage complement net interest income, and their contribution grew year over year in the second quarter of 2026.

Market context

The main market covers New Jersey, eastern Pennsylvania and New York, an economy diversified from pharmaceuticals and manufacturing to financial services and healthcare. Local economic conditions can be affected by changes in national and international economies, particularly given proximity to New York financial markets.

Competition is intense, and the bank held an approximate 4.70% share of deposits in its New Jersey market area as of June 30, 2025, with much smaller shares in Pennsylvania and New York.

Trends

  • High interest ratesmixed

    Sustained high Federal Reserve rates could compress margins if deposit costs rise faster than loan yields.

  • Commercial loan growthtailwind

    Strong commercial loan demand and a record pipeline could support interest income if credit quality holds.

  • Asset qualityheadwind

    Rising non-performing loans in 2026 could pressure provisions if the local economy weakens.

  • Fee incometailwind

    Growth in wealth management and insurance brokerage can diversify revenue, though it depends on market volatility.

Competitive position

The bank competes with large money center and regional banks, community banks, credit unions, brokerage firms and insurance companies, and for loans also with online lenders and mortgage companies. Some of these banks have substantially greater financial resources.

For deposits, competition comes mainly from other commercial and savings banks in the area, as well as from mutual funds and direct investments in short-term money market securities.

  • Commercial and savings banks in the market area

    Direct competition for deposits and loans in New Jersey, Pennsylvania and New York.

  • Large money center and regional banks

    Have substantially greater financial resources and compete for commercial loans.

  • Credit unions

    Compete for retail deposits and consumer loans.

  • Brokerage firms and mutual funds

    Attract client savings with investment products that substitute for deposits.

News & filings

In the press

The latest news item in our archive is from 21 Oct 2026; the newest SEC filing is from 30 Oct 2026. The press archive comes from the RSS feeds we follow and does not necessarily cover the latest event — the filings alongside do.

SEC filings

  • Current report30 Oct 2026
    Regulation FD disclosure · Financial statements and exhibits
  • Current report29 Oct 2026
    Results of operations · Regulation FD disclosure · Financial statements and exhibits
  • Current report29 Oct 2026
    Regulation FD disclosure · Financial statements and exhibits
  • Current report24 Aug 2026
    Other events · Financial statements and exhibits
  • Current report14 Aug 2026
    Regulation FD disclosure · Financial statements and exhibits
  • Quarterly report07 Aug 2026
  • Current report04 Aug 2026
    Departure or appointment of officers · Regulation FD disclosure · Financial statements and exhibits
  • Current report30 Jul 2026
    Regulation FD disclosure · Financial statements and exhibits
  • Current report30 Jul 2026
    Regulation FD disclosure · Financial statements and exhibits
  • Current report30 Jul 2026
    Results of operations · Regulation FD disclosure · Financial statements and exhibits

Sources

  1. [1] Form 10-K, fiscal year ended 2025-12-31 · SEC / Provident Financial Services, Inc. · 27 Feb 2026
  2. [2] Form 10-Q, quarter ended 2026-06-30 · SEC / Provident Financial Services, Inc. · 07 Aug 2026
  3. [3] Form 8-K, results release (exhibit 99.1) · SEC / Provident Financial Services, Inc. · 30 Jul 2026

Figures computed by olivLaw from SEC filings and closing prices; the qualitative analysis is AI-generated from cited sources. Not investment advice.

Provident Financial Services, Inc. (PFS): stock, results, valuation and forecast · olivLaw