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Provident Financial Services PFS Federal funds purchased and securities sold under repurchase agreements

Federal funds purchased and securities sold under repurchase agreements at other companies

Prosperity Bancshares logo
Prosperity BancsharesPB
$176.1M-18.5%
ServisFirst Bancshares logo
ServisFirst BancsharesSFBS
$1.55B-34.4%
Great Southern Bancorp logo
Great Southern BancorpGSBC
$37.2M-50.6%
M&T Bank logo
M&T BankMTB

Other financials

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

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Market cap$3.05B+45.5%
Enterprise value$5.36B+26.0%
P/E9.9×-4.3×
P/S3.4×+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×

Where this comes from

Reported directly by Provident Financial Services in its filing.

Tagged under the XBRL concept us-gaap:SecuritiesSoldUnderAgreementsToRepurchase.

The official record: Provident Financial Services’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Provident Financial Services's federal funds purchased and securities sold under repurchase agreements?
Provident Financial Services (PFS) reported federal funds purchased and securities sold under repurchase agreements of $95.14M in Q1 2026.
How has Provident Financial Services's federal funds purchased and securities sold under repurchase agreements changed year-over-year?
Provident Financial Services's federal funds purchased and securities sold under repurchase agreements decreased by 16.6% year-over-year, from $114.13M to $95.14M.
What is the long-term trend for Provident Financial Services's federal funds purchased and securities sold under repurchase agreements?
Over 5 years (2020 to 2025), Provident Financial Services's federal funds purchased and securities sold under repurchase agreements has grown at a -1.0% compound annual growth rate (CAGR), from $99.94M to $95.01M.
What does federal funds purchased and securities sold under repurchase agreements mean?
Short-term borrowing from other banks (federal funds purchased) and securities sold under agreements to repurchase — wholesale funding sources.