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Provident Financial Services PFS Business Segments — Compensation and employee benefits
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Where this comes from
Reported directly by Provident Financial Services in its filing.
Tagged under the XBRL concept us-gaap:LaborAndRelatedExpense.
The source filing: Provident Financial Services’s 10-Q, filed August 7, 2026.
- Filed
- Aug 7, 2026, 3:07 PM EDT
- Fiscal quarter
- Q2 FY2026
- Calendar quarter
- Q2 2026
- Accession
- 0001628280-26-054777
| Line item | Three months ended June 30, 2026 | Three months ended June 30, 2025 | Six months ended June 30, 2026 | Six months ended June 30, 2025 |
|---|---|---|---|---|
| Other income | 2,317 | 1,217 | 4,275 | 2,771 |
| Total non-interest income | 31,973 | 27,075 | 63,427 | 54,105 |
| Non-interest expense: | ||||
| Compensation and employee benefits | 67,289 | 63,249 | 133,485 | 125,615 |
| Net occupancy expense | 12,464 | 13,011 | 27,449 | 26,938 |
| Data processing expense | 9,388 | 9,599 | 19,034 | 19,203 |
| FDIC insurance | 3,155 | 3,341 | 5,995 | 6,727 |
| Amortization of intangibles | 8,559 | 9,497 | 17,122 | 18,998 |
Item 1. FINANCIAL STATEMENTS.
FAQ
- What is Provident Financial Services's business segments — compensation and employee benefits?
- Provident Financial Services (PFS) reported business segments — compensation and employee benefits of $67.29M in Q2 2026.
- How has Provident Financial Services's business segments — compensation and employee benefits changed year-over-year?
- Provident Financial Services's business segments — compensation and employee benefits increased by 6.4% year-over-year, from $63.25M to $67.29M.
- What is the long-term trend for Provident Financial Services's business segments — compensation and employee benefits?
- Over 3 years (2022 to 2025), Provident Financial Services's business segments — compensation and employee benefits has grown at a 19.8% compound annual growth rate (CAGR), from $147.2M to $253.13M.
- What does business segments — compensation and employee benefits mean?
- This metric captures the total costs associated with salaries, bonuses, and employee benefit programs for the staff within the reportable segment. It is a primary component of operating expenses and reflects the investment in human capital required to support banking operations. Monitoring this expense helps assess the efficiency of labor utilization relative to the segment's revenue generation.
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