Provident Financial Services, Inc.

PFS

NYSE

20.02

USD

-0.01(-0.05%)

As of today

Overview Financials Dividends Ratios Discussions Analysis

Provident Financial Services, Inc. fundamentals

Overview Income Statement Balance Sheet Cash Flow

Key ratios

P/E Ratio

10.06

Price/Book

0.94

Debt/Equity

94.49%

Return on Equity

9.55%

Dividend Yield

4.80%

EBITDA

204.20M

Provident Financial Services, Inc. operates as the bank holding company for Provident Bank that provides various banking products and services to individuals, families, and businesses in the United States. The company's deposit products include savings, checking, interest-bearing checking, money market deposit, and certificate of deposit accounts, as well as IRA products. Its loan portfolio comprises commercial real estate loans that are secured by properties, such as multi-family apartment buildings, office buildings, and retail and industrial properties; commercial business loans; fixed-rate and adjustable-rate mortgage loans collateralized by one- to four-family residential real estate properties; commercial construction loans; and consumer loans consisting of home equity loans, home equity lines of credit, marine loans, personal loans and unsecured lines of credit, and auto and recreational vehicle loans. The company also offers cash management, remote deposit capture, payroll origination, escrow account management, and online and mobile banking services; and business credit cards. In addition, it provides wealth management services comprising investment management, trust and estate administration, financial planning, tax compliance and planning, and private banking. Further, the company sells insurance and investment products, including annuities; operates as a real estate investment trust for acquiring mortgage loans and other real estate related assets; and manages and sells real estate properties acquired through foreclosure. As of December 31, 2021, it operated 96 full-service branch offices in northern and central New Jersey, as well as in Pennsylvania and New York counties. The company was founded in 1839 and is headquartered in Jersey City, New Jersey.

Statements Highlights

AnnualQuarterly

Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024
Total Revenue	435,740,000	489,148,000	553,970,000	695,649,000	1,140,251,000
Gross Profit	353,468,000	475,656,000	500,337,000	451,115,000	607,163,000
Operating Income	127,554,000	227,118,000	240,106,000	175,779,000	149,615,000
Net Income	96,951,000	167,921,000	175,648,000	128,398,000	115,525,000
Total Assets	12,919,741,000	13,781,202,000	13,783,436,000	14,210,810,000	24,051,825,000
Total Current Liabilities	9,972,063,000	11,385,212,000	10,696,729,000	10,401,513,000	18,779,284,000
Total Equity	1,619,797,000	1,697,096,000	1,597,703,000	1,690,596,000	2,601,207,000
Free Cash Flow	90,476,000	143,009,000	190,899,000	165,908,000	425,074,000
Cash from Operations	103,301,000	156,814,000	200,310,000	173,396,000	426,381,000
Cash from Investing	-504,374,000	-716,568,000	-647,564,000	-469,600,000	507,674,000
Cash from Financing	746,678,000	739,864,000	-78,701,000	289,951,000	-908,371,000
Net Change in Cash	272,305,000	180,110,000	-525,955,000	-6,253,000	25,684,000

Provident Financial Services, Inc.

PFS

20.02

Provident Financial Services, Inc. fundamentals

Key ratios

Statements Highlights

Dividends

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