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Provident Financial Services PFS Data processing and equipment

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Segments

By segment

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Reportable Segment$9.65M+0.4%

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:InformationTechnologyAndDataProcessing.

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 data processing and equipment?
Provident Financial Services (PFS) reported data processing and equipment of $9.65M in Q1 2026.
How has Provident Financial Services's data processing and equipment changed year-over-year?
Provident Financial Services's data processing and equipment increased by 0.4% year-over-year, from $9.61M to $9.65M.
What is the long-term trend for Provident Financial Services's data processing and equipment?
Over 4 years (2021 to 2025), Provident Financial Services's data processing and equipment has grown at a 17.3% compound annual growth rate (CAGR), from $19.76M to $37.42M.
What does data processing and equipment mean?
This represents the costs associated with maintaining the bank's core banking systems, digital platforms, and information technology infrastructure. It includes expenses for software licensing, data security, and outsourced processing services necessary for daily operations. Managing these costs is critical for maintaining operational efficiency in an increasingly digital banking environment.