Provident Financial Services, Inc. logo

Provident Financial Services, Inc.

PFS

NYSEFinancial ServicesBanks - Regional

Previous close

$23.71

+$0.02 · +0.08%

Aug 21, 4:00 PM ET

PFS company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Buy

Favorable setup — positive multi-factor alignment

Valuation

90

Deep Value

Momentum

53

Neutral

Sentiment

69

Bullish

Risk resilience

79

Moderate Risk

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Company profile

Company website

Provident Financial Services, Inc. functions as the parent company for Provident Bank, delivering a broad spectrum of financial products and services to individuals, families, and businesses across the United States. Its deposit offerings encompass various account types, including savings, standard and interest-bearing checking accounts, money market accounts, certificates of deposit, and IRA products. The company's extensive loan portfolio features commercial real estate loans, which are collateralized by properties such as multi-family apartment complexes, office buildings, retail spaces, and industrial sites. It also provides commercial business loans, alongside fixed-rate and adjustable-rate mortgage loans secured by one-to-four family residential properties. Further loan options include commercial construction loans and a range of consumer loans like home equity loans, home equity lines of credit, marine loans, personal loans and unsecured lines of credit, and financing for automobiles and recreational vehicles. Beyond these, Provident delivers essential banking solutions such as cash management, remote deposit capture, payroll origination, escrow account management, and convenient online and mobile banking services, in addition to offering business credit cards. The company also extends wealth management services, covering investment management, trust and estate administration, financial planning, tax compliance and planning, and private banking. In a broader capacity, Provident sells insurance and investment products, including annuities. It also operates as a real estate investment trust (REIT), focused on acquiring mortgage loans and other real estate-related assets, and actively manages and sells properties obtained through foreclosure. As of December 31, 2021, the company maintained 96 full-service branch offices situated across northern and central New Jersey, as well as specific counties in Pennsylvania and New York. Provident Financial Services, Inc. was founded in 1839 and is headquartered in Jersey City, New Jersey.

Industry
Banks - Regional
Sector
Financial Services
Headquarters
US
CEO
Anthony J. Labozzetta
Listed since
Jan 16, 2003
Employees
1,842

Market position

Day range

Current $23.71

52-week range

Current $23.71

Open
$23.88
Previous close
$23.69
Volume
485.79K
0.49× average
Average volume
995.57K
Average daily volume
Market cap
3.09B USD
Beta
0.78
Market reference 1
50-day average
$23.9218
-0.89% below average
200-day average
$21.8559
+8.48% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
4.88B USD
P/E (TTM)
9.88×
P/B (TTM)
1.06×
P/S (TTM)
2.24×
EV / EBITDA
10.31×
Earnings yield
11.30%
Free cash flow yield
16.71%
Dividend yield
4.05%

Profitability & efficiency

Gross margin
63.16%
Operating margin
28.85%
Net margin
22.66%
Return on equity
10.28%
Return on assets
1.17%
Return on invested capital
-1.95%

Financial health

Debt / equity
0.97×
Current ratio
0.18×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends106%71%36%1%Gross margin, FY2021: 97.24%Gross margin, FY2022: 90.32%Gross margin, FY2023: 64.85%Gross margin, FY2024: 53.25%Gross margin, FY2025: 62.69%Operating margin, FY2021: 46.43%Operating margin, FY2022: 43.34%Operating margin, FY2023: 25.27%Operating margin, FY2024: 13.12%Operating margin, FY2025: 29.52%Net margin, FY2021: 34.33%Net margin, FY2022: 31.71%Net margin, FY2023: 18.46%Net margin, FY2024: 10.13%Net margin, FY2025: 21.06%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 97.24%. Gross margin FY2022 90.32%. Gross margin FY2023 64.85%. Gross margin FY2024 53.25%. Gross margin FY2025 62.69%. Operating margin FY2021 46.43%. Operating margin FY2022 43.34%. Operating margin FY2023 25.27%. Operating margin FY2024 13.12%. Operating margin FY2025 29.52%. Net margin FY2021 34.33%. Net margin FY2022 31.71%. Net margin FY2023 18.46%. Net margin FY2024 10.13%. Net margin FY2025 21.06%.

Income trends

Revenue

1.38B USD+21.25%

Operating income

408.16M USD+172.80%

Net income

291.16M USD+152.03%
Income trends across reported periods1.51B USD1B USD495.65M USD−11.18M USDRevenue, FY2021: 489.15M USDRevenue, FY2022: 553.97M USDRevenue, FY2023: 695.65M USDRevenue, FY2024: 1.14B USDRevenue, FY2025: 1.38B USDOperating income, FY2021: 227.12M USDOperating income, FY2022: 240.11M USDOperating income, FY2023: 175.78M USDOperating income, FY2024: 149.62M USDOperating income, FY2025: 408.16M USDNet income, FY2021: 167.92M USDNet income, FY2022: 175.65M USDNet income, FY2023: 128.4M USDNet income, FY2024: 115.53M USDNet income, FY2025: 291.16M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 489.15M USD. Revenue FY2022 553.97M USD. Revenue FY2023 695.65M USD. Revenue FY2024 1.14B USD. Revenue FY2025 1.38B USD. Operating income FY2021 227.12M USD. Operating income FY2022 240.11M USD. Operating income FY2023 175.78M USD. Operating income FY2024 149.62M USD. Operating income FY2025 408.16M USD. Net income FY2021 167.92M USD. Net income FY2022 175.65M USD. Net income FY2023 128.4M USD. Net income FY2024 115.53M USD. Net income FY2025 291.16M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue1.38B USD1.14B USD695.65M USD553.97M USD489.15M USD
Cost of goods sold515.79M USD533.09M USD244.53M USD53.63M USD13.49M USD
Gross profit866.82M USD607.16M USD451.12M USD500.34M USD475.66M USD
Selling, general, and administrative271.57M USD236.45M USD161.9M USD157.59M USD153.58M USD
Operating expenses458.66M USD457.55M USD275.34M USD260.23M USD248.54M USD
Interest income1.27B USD1.05B USD615.82M USD466.18M USD402.34M USD
Interest expense512.21M USD445.52M USD216.37M USD48.63M USD36.32M USD
Depreciation and amortization65.51M USD54.59M USD22.19M USD23.71M USD22.73M USD
Operating income408.16M USD149.62M USD175.78M USD240.11M USD227.12M USD
Net income291.16M USD115.53M USD128.4M USD175.65M USD167.92M USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
73%
8 beats, 3 misses, 0 met estimates
Average EPS surprise
-5.55%
11 comparable reports
Latest EPS result
0.6
Estimate 0.57 · Beat by 6.19%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates0.680.560.450.33Q1 '25MissQ2 '25BeatQ3 '25BeatQ4 '25BeatQ1 '26BeatQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Jan 28, 2025: actual 0.37, estimate 0.5, surprise -26.00%, Miss. Q2 2025, reported Apr 24, 2025: actual 0.5, estimate 0.472, surprise +5.93%, Beat. Q3 2025, reported Jul 24, 2025: actual 0.55, estimate 0.496, surprise +10.84%, Beat. Q4 2025, reported Oct 29, 2025: actual 0.55, estimate 0.543, surprise +1.29%, Beat. Q1 2026, reported Jan 27, 2026: actual 0.64, estimate 0.56, surprise +14.29%, Beat. Q2 2026, reported Apr 29, 2026: actual 0.61, estimate 0.55, surprise +10.91%, Beat. Q3 2026, reported Jul 29, 2026: actual 0.6, estimate 0.565, surprise +6.19%, Beat. Q4 2026, reported Nov 4, 2026: actual —, estimate 0.6, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates244.7M215.18M185.66M156.13MQ1 '25MissQ2 '25BeatQ3 '25MissQ4 '25BeatQ1 '26BeatQ2 '26MissQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Jan 28, 2025: actual 165.54M USD, estimate 210.4M USD, surprise -21.32%, Miss. Q2 2025, reported Apr 24, 2025: actual 208.76M USD, estimate 207.03M USD, surprise +0.83%, Beat. Q3 2025, reported Jul 24, 2025: actual 214.17M USD, estimate 220.9M USD, surprise -3.05%, Miss. Q4 2025, reported Oct 29, 2025: actual 221.75M USD, estimate 220.74M USD, surprise +0.46%, Beat. Q1 2026, reported Jan 27, 2026: actual 225.02M USD, estimate 224.08M USD, surprise +0.42%, Beat. Q2 2026, reported Apr 29, 2026: actual 225.2M USD, estimate 225.62M USD, surprise -0.19%, Miss. Q3 2026, reported Jul 29, 2026: actual 234.96M USD, estimate 225.57M USD, surprise +4.16%, Beat. Q4 2026, reported Nov 4, 2026: actual —, estimate 235.29M USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$26.50

11.77% upside
Past 12 months12-month forecastHigh $27.00Average $26.50Low $26.00

Rating distribution

10 ratings
Strong buy110%
Buy550%
Hold440%
Sell00%
Strong sell00%

PFS peers

ETFs holding PFS

Funds reporting this stock among their holdings, ordered by reported position size.

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