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Provident Financial Services PFS Business Segments — Net Income

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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:NetIncomeLoss.

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 business segments — net income?
Provident Financial Services (PFS) reported business segments — net income of $79.42M in Q1 2026.
How has Provident Financial Services's business segments — net income changed year-over-year?
Provident Financial Services's business segments — net income increased by 24.0% year-over-year, from $64.03M to $79.42M.
What is the long-term trend for Provident Financial Services's business segments — net income?
Over 3 years (2022 to 2025), Provident Financial Services's business segments — net income has grown at a 18.3% compound annual growth rate (CAGR), from $175.65M to $291.16M.
What does business segments — net income mean?
This metric represents the final profit generated by the segment after accounting for all interest income, noninterest income, operating expenses, provisions for credit losses, and taxes. It is the ultimate measure of the segment's financial performance and its contribution to the overall holding company's value. Consistent growth in net income is a primary indicator of a healthy and sustainable banking business.