Provident Financial Services (PFS)
NYSE:PFS
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PFS Stock Chart & Stats
$22.84
-$0.07(-0.38%)
At close: 4:00 PM EST
$22.84
-$0.07(-0.38%)
Day’s Range― - ―
52-Week Range$15.92 - $23.98
Previous CloseN/A
Volume63.59K
Average Volume (3M)913.19K
Market Cap
$3.06B
Enterprise Value$5.56B
Total Cash (Recent Filing)$3.46B
Total Debt (Recent Filing)$2.89B
Price to Earnings (P/E)9.8
Beta0.86
Next Earnings
Jul 23, 2026EPS Estimate
0.56Next Dividend Ex-DateN/A
Dividend Yield4.69%
Share Statistics
EPS (TTM)2.35
Shares Outstanding130,313,690
10 Day Avg. Volume839,369
30 Day Avg. Volume913,193
Financial Highlights & Ratios
PEG Ratio0.08
Price to Book (P/B)0.91
Price to Sales (P/S)1.87
P/FCF Ratio5.99
Enterprise Value/Market Cap1.81
Enterprise Value/Revenue3.98
Enterprise Value/Gross Profit6.28
Enterprise Value/Ebitda11.71
Forecast
1Y Price Target
$29.00Price Target Upside26.97% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering4
EPS Forecast (FY)2.36
Revenue Forecast (FY)$924.61M
Bulls Say, Bears Say
Bulls Say
Improved ProfitabilityEarnings and margins have meaningfully recovered (TTM net income ~$306.5M; net margin ~22%), strengthening internal cash generation and retained earnings. That boosts capital build, supports dividends/repurchases and increases resilience to credit or cyclical shocks over the next several quarters.
Commercial Loan Production & PipelineRobust commercial originations and a $3.1B pipeline provide a durable loan-growth engine. Diversified C&I and CRE flows expand interest-earning assets, support net interest income, and create cross-sell opportunities that should sustain revenue growth and asset-yield stability across the medium term.
Wealth, Insurance & Fee-income FocusManagement’s new Chief Wealth Officer appointment formalizes a strategic push into wealth and integrated fee businesses. Combined with record noninterest income and ~95% insurance retention, this strengthens recurring fee streams and diversifies revenue away from spread reliance over coming quarters.
Bears Say
Rising LeverageLeverage has climbed materially (debt-to-equity ~1.01x vs ~0.38 in 2021) as assets roughly doubled. Higher leverage reduces capital flexibility, magnifies earnings sensitivity to credit losses or margin compression, and limits room for stress losses or opportunistic investments without additional capital.
Concentrated Credit Hit Raising NPLsA bankruptcy-affected cluster of four senior housing loans pushed NPLs materially higher, highlighting exposure to idiosyncratic commercial credits. Allowance coverage has declined and resolution timing is uncertain, creating potential volatility in provisions and credit costs over the medium term.
Deposit & Funding PressureSequential deposit outflows and deliberate reduction in brokered balances forced greater reliance on FHLB borrowings and funding mix shifts. That raises liquidity and margin sensitivity to funding costs and competitive deposit behavior while near-term expense and systems investments further press operating leverage.
Provident Financial Services News
PFS FAQ
What was Provident Financial Services’s price range in the past 12 months?
Provident Financial Services lowest stock price was $15.92 and its highest was $23.98 in the past 12 months.
What is Provident Financial Services’s market cap?
Provident Financial Services’s market cap is $3.06B.
When is Provident Financial Services’s upcoming earnings report date?
Provident Financial Services’s upcoming earnings report date is Jul 23, 2026 which is in 37 days.
How were Provident Financial Services’s earnings last quarter?
Provident Financial Services released its earnings results on Apr 29, 2026. The company reported $0.657 earnings per share for the quarter, beating the consensus estimate of $0.548 by $0.109.
Is Provident Financial Services overvalued?
According to Wall Street analysts Provident Financial Services’s price is currently Undervalued.
Does Provident Financial Services pay dividends?
Provident Financial Services pays a Quarterly dividend of $0.24 which represents an annual dividend yield of 4.69%. See more information on Provident Financial Services dividends here
What is Provident Financial Services’s EPS estimate?
Provident Financial Services’s EPS estimate is 0.56.
How many shares outstanding does Provident Financial Services have?
Provident Financial Services has 130,313,690 shares outstanding.
What happened to Provident Financial Services’s price movement after its last earnings report?
Provident Financial Services reported an EPS of $0.657 in its last earnings report, beating expectations of $0.548. Following the earnings report the stock price went up 1.159%.
Which hedge fund is a major shareholder of Provident Financial Services?
Currently, no hedge funds are holding shares in PFS
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Provident Financial Services Stock Smart Score
Outperform
1
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4
5
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7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
$29.00 (26.97% Upside)
$29.00 (26.97% Upside)
Blogger Sentiment
Neutral
PFS Sentiment 50%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Decreased
By 76.0K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $139.8K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Neutral
Last 7 Days ▼ 0.9%
Last 30 Days ▲ 0.5%
Last 30 Days ▲ 0.5%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
45.59%
12-Months-Change
Fundamentals
Return on Equity
10.98%
Trailing 12-Months
Asset Growth
4.03%
Trailing 12-Months
Company Description
Provident Financial Services
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.
PFS Earnings Call
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call conveyed a broadly positive financial performance with strong earnings growth, record noninterest income, robust commercial loan production and an expanding loan pipeline, along with capital build and share repurchases. Key challenges include a rise in nonperforming loans tied to one bankruptcy-affected commercial relationship, modest deposit outflows and near-term expense pressure from compensation and a core systems upgrade. Management expects credit resolution without material loss, reaffirmed guidance and highlighted strategic investments to support future growth and efficiency.View all PFS earnings summariesPFS Stock 12 Month Forecast
Average Price Target
$29.00
▲(26.97% Upside)
Technical Analysis
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First Financial Bancorp
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First Merchants
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Simmons 1st Nat'l
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Washington Federal
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Ownership Overview
2.90% Insiders
21.24% Mutual Funds
8.38% Other Institutional Investors
34.40% Public Companies and
Individual Investors