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Provident Financial Services PFS Allowance for credit loss OBS

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Other financials

Income statement

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Revenue$234.7M+9.6%
Net income$78.1M+8.6%
EPS (diluted)$0.60+9.1%

Balance sheet

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Cash & equivalents$228.3M-11.8%
Total debt$2.5B+1.6%
Total equity$2.9B+7.4%
Total assets$25.7B+4.5%

Cash flow

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Operating cash flow$118.8M-36.4%
CapEx$10.2M+143%
Free cash flow$108.6M-40.5%

Valuation

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Market cap$3.19B+34.8%
Enterprise value$5.44B+19.7%
P/E10.2×0.0×
P/S3.5×+0.7×

Profitability

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Net margin34.5%+7.0pp
FCF margin38.6%-30.3pp

Returns & leverage

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Return on equity11.1%+2.4pp
Debt / equity0.9×0.0×

Where this comes from

Reported directly by Provident Financial Services in its filing.

Tagged under the XBRL concept pfs:DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAllowanceForCreditLoss.

The source filing: Provident Financial Services’s 10-K, filed February 27, 2026.

Filed
Feb 27, 2026, 4:12 PM EST
Fiscal year
FY2025
Accession
0001628280-26-012814
Line item20252024
Deferred tax assets:
Allowance for credit losses on loans$51,65054,931
Allowance for credit loss on off-balance sheet ("OBS") credit exposure1,9151,998
Post-retirement benefit4,5345,485
Deferred compensation3,4202,926
Purchase accounting adjustments54,228105,950
Depreciation5,6614,836
SERP1,1461,991

Item 8. Financial Statements and Supplementary Data

FAQ

What is Provident Financial Services's allowance for credit loss OBS?
Provident Financial Services (PFS) reported allowance for credit loss OBS of $1.92M in Q4 2025.
How has Provident Financial Services's allowance for credit loss OBS changed year-over-year?
Provident Financial Services's allowance for credit loss OBS decreased by 4.2% year-over-year, from $2M to $1.92M.
What is the long-term trend for Provident Financial Services's allowance for credit loss OBS?
Over 5 years (2020 to 2025), Provident Financial Services's allowance for credit loss OBS has grown at a 8.1% compound annual growth rate (CAGR), from $1.3M to $1.92M.
What does allowance for credit loss OBS mean?
Allowance for credit loss OBS as reported by Provident Financial Services, Inc..

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