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Provident Financial Services PFS Accretion (Amortization) of Discounts and Premiums, Investments

Accretion (Amortization) of Discounts and Premiums, Investments at other companies

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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+23.4%
Enterprise value$5.36B+15.3%
P/E9.9×-6.8×
P/S3.4×+0.3×

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:AccretionAmortizationOfDiscountsAndPremiumsInvestments.

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 accretion (amortization) of discounts and premiums, investments?
Provident Financial Services (PFS) reported accretion (amortization) of discounts and premiums, investments of -$3.73M in Q1 2026.
How has Provident Financial Services's accretion (amortization) of discounts and premiums, investments changed year-over-year?
Provident Financial Services's accretion (amortization) of discounts and premiums, investments increased by 12.7% year-over-year, from -$4.27M to -$3.73M.
What is the long-term trend for Provident Financial Services's accretion (amortization) of discounts and premiums, investments?
Over 3 years (2021 to 2025), Provident Financial Services's accretion (amortization) of discounts and premiums, investments has grown at a 1.8% compound annual growth rate (CAGR), from -$15.84M to -$16.69M.
What does accretion (amortization) of discounts and premiums, investments mean?
This represents the periodic adjustment to the carrying value of investment securities resulting from the amortization of premiums or the accretion of discounts. It aligns the book value of debt securities with their par value over the remaining life of the instrument, impacting the reported interest income.