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Provident Financial Services PFS Operating Lease ROU Assets

Operating Lease ROU Assets at other companies

M&T Bank logo
M&T BankMTB
3.9%+0.3pp
Columbia Financial, Inc. logo
Columbia Financial, Inc.CLBK
3.5%+0.3pp
Trustmark logo
TrustmarkTRMK
$32.7M-3.4%
FB Financial logo
FB FinancialFBK
$48.22M+1.8%
Customers Bancorp logo
Customers BancorpCUBI
4.2%+0.1pp
Eastern Bankshares, Inc. logo
Eastern Bankshares, Inc.EBC
4.4%0.0pp

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:OperatingLeaseWeightedAverageDiscountRatePercent.

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 operating lease ROU assets?
Provident Financial Services (PFS) reported operating lease ROU assets of 3.4% in Q1 2026.
How has Provident Financial Services's operating lease ROU assets changed year-over-year?
Provident Financial Services's operating lease ROU assets increased by 4.0% year-over-year, from 3.2% to 3.4%.
What is the long-term trend for Provident Financial Services's operating lease ROU assets?
Over 5 years (2020 to 2025), Provident Financial Services's operating lease ROU assets has grown at a 0.7% compound annual growth rate (CAGR), from 3.2% to 3.3%.
What does operating lease ROU assets mean?
Right-of-use assets representing the lessee's right to use leased property over the lease term under ASC 842 operating lease classification.