Provident Financial Services PFS FDIC assessments
FDIC assessments at other companies
Other financials
Where this comes from
Reported directly by Provident Financial Services in its filing.
Tagged under the XBRL concept us-gaap:FederalDepositInsuranceCorporationPremiumExpense.
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 FDIC assessments?
- Provident Financial Services (PFS) reported FDIC assessments of $2.84M in Q1 2026.
- How has Provident Financial Services's FDIC assessments changed year-over-year?
- Provident Financial Services's FDIC assessments decreased by 16.1% year-over-year, from $3.39M to $2.84M.
- What is the long-term trend for Provident Financial Services's FDIC assessments?
- Over 4 years (2021 to 2025), Provident Financial Services's FDIC assessments has grown at a 19.8% compound annual growth rate (CAGR), from $6.26M to $12.9M.
- What does FDIC assessments mean?
- This represents the mandatory insurance premiums paid to the Federal Deposit Insurance Corporation to protect customer deposits. The expense is typically calculated based on the bank's total assessment base and its risk profile as determined by regulators. It is a necessary regulatory cost of doing business that directly impacts the bank's non-interest expense burden.