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Provident Financial Services ( (PFS) ) has provided an update.
On January 13, 2026, Provident Bank announced the planned retirement of Thomas M. Lyons, Senior Executive Vice President and Chief Financial Officer of Provident Financial Services and Provident Bank, expected to occur by June 30, 2026, or upon the appointment of his successor. Lyons, who became CFO in 2011 after joining through Provident’s 2004 merger with First Savings Bank, played a central role in expanding the bank’s assets from about $6 billion at the time of that merger to nearly $25 billion today and in strengthening its presence across New Jersey, New York, and Pennsylvania; he will remain in his role until a successor is named and then serve in an advisory capacity during the transition, as the bank undertakes a nationwide search that underscores the importance of maintaining continuity in its financial leadership and strategic growth trajectory.
The most recent analyst rating on (PFS) stock is a Buy with a $22.50 price target. To see the full list of analyst forecasts on Provident Financial Services stock, see the PFS Stock Forecast page.
Spark’s Take on PFS Stock
According to Spark, TipRanks’ AI Analyst, PFS is a Outperform.
Provident Financial Services is well-positioned with strong financial performance, robust technical indicators, and an attractive valuation. The recent earnings call highlighted record earnings and revenue, supporting a positive outlook. While there are challenges, such as revenue decline and increased competition, the company’s strengths in profitability, cash flow, and market momentum contribute to a favorable stock score.
To see Spark’s full report on PFS stock, click here.
More about Provident Financial Services
Provident Bank, founded in Jersey City in 1839, is the oldest community-focused financial institution based in New Jersey and a wholly owned subsidiary of Provident Financial Services, Inc. With $24.83 billion in assets as of September 30, 2025, the bank offers a broad range of customized financial solutions for businesses and consumers across more than 140 branches in New Jersey and parts of New York and Pennsylvania, complemented by mobile and online banking and a customer contact center. It also provides fiduciary and wealth management services through Beacon Trust Company and insurance services through Provident Protection Plus, Inc.
Average Trading Volume: 794,767
Technical Sentiment Signal: Strong Buy
Current Market Cap: $2.58B
For an in-depth examination of PFS stock, go to TipRanks’ Overview page.