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Provident Financial Services

PFS

Provident Financial Services, Inc. is a bank holding company that operates primarily through its subsidiary, Provident Bank.

Market cap
$3.22B+36.3%
Revenue$886.8M+12.4%
Net income$306.5M+108%
Free cash flow$424.3M-10.0%
EPS (diluted)$2.35+106%
Trailing twelve months · change vs. prior year

Earnings

Next report

Date not yet announced

Financials

Q1 2026

Income statement

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Revenue$225.2M+7.9%
Net income$79.4M+24.0%
EPS (diluted)$0.61+24.5%

Balance sheet

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Cash & equivalents$222.1M-5.1%
Total debt$2.5B+5.7%
Total equity$2.9B+7.7%
Total assets$25.2B+4.0%

Cash flow

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Operating cash flow$84.7M-4.4%
CapEx$3.7M+223%
Free cash flow$81.0M-7.3%

Valuation & ratios

Valuation

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Market cap$3.22B+36.3%
Enterprise value$5.54B+21.7%
P/E10.5×+0.2×
P/S3.6×+0.8×

Profitability

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Net margin34.6%+15.9pp
FCF margin47.8%-11.9pp

Returns & leverage

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Return on equity11.1%+4.3pp
Debt / equity0.9×0.0×

Segments

By product

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Wealth management fees$7.4M+1.0%
Insurance agency income$6.9M+21.2%
Service charges on deposit accounts$5.2M+9.7%
Debit card and ATM fees$1.2M+0.4%

Competitors

Profile

Provident Financial Services, Inc. is a bank holding company that operates primarily through its subsidiary, Provident Bank. The company provides a broad range of community-oriented financial services, including commercial and retail lending, deposit products, and wealth management. Its core value proposition focuses on personal service and customer convenience for individuals, families, and businesses in the New Jersey, New York, and Pennsylvania markets.

Competitive position

A leading regional community bank in the Tri-State area, recently expanded through the significant acquisition of Lakeland Bancorp.

GeographiesUnited States, New Jersey, New York, Pennsylvania
Customer segmentsRetail, Commercial, SME
Business modelInterest Income, Fee-based Services
SuppliersFederal Reserve System, Depositors, Capital Markets
CustomersHomeowners, Commercial Real Estate Developers, Local Businesses, Private Wealth Clients
Listed2003
Employees1.1K
CEOAnthony J. Labozzetta
FilingsSEC EDGAR

FAQ

What is Provident Financial Services's market cap?
Provident Financial Services (PFS) has a market capitalization of $3.2B and trades on NYSE.
What is Provident Financial Services's revenue and profitability?
Provident Financial Services generated $886.8M in trailing twelve-month revenue with net income of $306.5M, representing a net margin of 34.6%, with free cash flow of $424.3M. These figures are based on the Q1 2026 filing.
Who are Provident Financial Services's competitors?
Provident Financial Services's key competitors include Valley National Bancorp, Columbia Financial, Inc., M&T Bank Corporation, and others. These companies compete in similar markets and product categories.
What subsidiaries does Provident Financial Services have?
Provident Financial Services's subsidiaries include Provident Bank, Lakeland Bancorp, Inc., Lakeland Bank, and others.
Where is Provident Financial Services headquartered?
Provident Financial Services is headquartered in United States of America and employs approximately 1,142 people. It has been publicly traded since 2003.