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Provident Financial Services PFS Leasehold improvements

Leasehold improvements at other companies

First Commonwealth Financial logo
First Commonwealth FinancialFCF
$42.22M+3.6%

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:LeaseholdImprovementsGross.

The official record: Provident Financial Services’s 10-K, filed February 27, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Provident Financial Services's leasehold improvements?
Provident Financial Services (PFS) reported leasehold improvements of $59.5M in Q4 2025.
How has Provident Financial Services's leasehold improvements changed year-over-year?
Provident Financial Services's leasehold improvements increased by 0.7% year-over-year, from $59.08M to $59.5M.
What is the long-term trend for Provident Financial Services's leasehold improvements?
Over 5 years (2020 to 2025), Provident Financial Services's leasehold improvements has grown at a 9.5% compound annual growth rate (CAGR), from $37.76M to $59.5M.
What does leasehold improvements mean?
This represents the capitalized costs of improvements made to leased properties, such as bank branches or office spaces. These assets are amortized over the shorter of the lease term or the useful life of the improvement. It indicates the level of investment in maintaining and upgrading the bank's physical service locations.