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Provident Financial Services PFS Increase (Decrease) in Other Operating Assets

Increase (Decrease) in Other Operating Assets at other companies

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$30.97M+155%
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Valley National BankVLY

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$5.37B+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:IncreaseDecreaseInOtherOperatingAssets.

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 increase (decrease) in other operating assets?
Provident Financial Services (PFS) reported increase (decrease) in other operating assets of $2.95M in Q1 2026.
How has Provident Financial Services's increase (decrease) in other operating assets changed year-over-year?
Provident Financial Services's increase (decrease) in other operating assets increased by 106.9% year-over-year, from -$43.11M to $2.95M.
What is the long-term trend for Provident Financial Services's increase (decrease) in other operating assets?
Over 2 years (2022 to 2025), Provident Financial Services's increase (decrease) in other operating assets has grown at a -53.5% compound annual growth rate (CAGR), from $60.36M to $13.08M.
What does increase (decrease) in other operating assets mean?
This captures the net change in miscellaneous assets that are not classified as loans, securities, or property, plant, and equipment. It often includes items like accrued interest receivables, prepaid expenses, and other short-term operational assets.