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Provident Financial Services PFS Amortization of premiums on purchased loans, net

Amortization of premiums on purchased loans, net at other companies

TFI
Triumph FinancialTFIN
$721.25K+4.4%
Upstart Holdings, Inc. logo
Upstart Holdings, Inc.UPST
-$11.96M-43.2%
Old Second Bancorp logo
Old Second BancorpOSBC
-$25K+90.9%
Stellar Bancorp logo
Stellar BancorpSTEL
$3.56M-34.0%
FCF
FirstCash HoldingsFCFS
-$16.94M-26.7%
Healthcare Services Group logo
Healthcare Services GroupHCSG
$48K-59.0%

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 pfs:MortgageLoanOnRealEstateAmortizationOfPremium.

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 amortization of premiums on purchased loans, net?
Provident Financial Services (PFS) reported amortization of premiums on purchased loans, net of $78K in Q1 2026.
How has Provident Financial Services's amortization of premiums on purchased loans, net changed year-over-year?
Provident Financial Services's amortization of premiums on purchased loans, net increased by 25.8% year-over-year, from $62K to $78K.
What is the long-term trend for Provident Financial Services's amortization of premiums on purchased loans, net?
Over 3 years (2022 to 2025), Provident Financial Services's amortization of premiums on purchased loans, net has grown at a 0.6% compound annual growth rate (CAGR), from $270K to $275K.
What does amortization of premiums on purchased loans, net mean?
This metric tracks the systematic reduction of premiums paid when acquiring mortgage loans, recognized over the expected life of the loan portfolio. It adjusts the interest income yield to reflect the effective interest rate of the purchased assets relative to their face value.