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Provident Financial Services PFS Converted to term loans – Amortized cost

Converted to term loans – Amortized cost at other companies

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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:FinancingReceivableExcludingAccruedInterestRevolvingConvertedToTermLoan.

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 converted to term loans – amortized cost?
Provident Financial Services (PFS) reported converted to term loans – amortized cost of $81.61M in Q1 2026.
How has Provident Financial Services's converted to term loans – amortized cost changed year-over-year?
Provident Financial Services's converted to term loans – amortized cost decreased by 17.0% year-over-year, from $98.28M to $81.61M.
What is the long-term trend for Provident Financial Services's converted to term loans – amortized cost?
Over 5 years (2020 to 2025), Provident Financial Services's converted to term loans – amortized cost has grown at a -2.6% compound annual growth rate (CAGR), from $100.81M to $88.2M.
What does converted to term loans – amortized cost mean?
This represents the amortized cost of revolving credit facilities that have been converted into term loans. This conversion typically signifies a shift in credit risk profile or a restructuring of borrower obligations. It provides insight into the bank's ability to manage and transition credit products based on borrower needs.