What is Provident Financial Services's PP&E sale proceeds?

Provident Financial Services (PFS) reported PP&E sale proceeds of $2.71M in Q1 2026.

How has Provident Financial Services's PP&E sale proceeds changed year-over-year?

Provident Financial Services's PP&E sale proceeds increased by 15.4% year-over-year, from $2.35M to $2.71M.

What does PP&E sale proceeds mean?

Cash received from selling property, plant, and equipment no longer needed for operations.

Provident Financial Services PFS PP&E Sale Proceeds

PP&E Sale Proceeds at other companies

Valley National BankVLY

$1.21M-46.3%

Columbia Financial, Inc.CLBK

$0-100%

TrustmarkTRMK

$0-100%

FB FinancialFBK

$0-100%

WaFd, Inc.WAFD

$3.75M—

Trico BancsharesTCBK

$15K—

Other financials

Income statement

See full

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:ProceedsFromSaleOfPropertyPlantAndEquipment.

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 PP&E sale proceeds?: Provident Financial Services (PFS) reported PP&E sale proceeds of $2.71M in Q1 2026.
How has Provident Financial Services's PP&E sale proceeds changed year-over-year?: Provident Financial Services's PP&E sale proceeds increased by 15.4% year-over-year, from $2.35M to $2.71M.
What does PP&E sale proceeds mean?: Cash received from selling property, plant, and equipment no longer needed for operations.