Provident Financial Services
Provides commercial banking, wealth management, and insurance across the New Jersey-centered tri-state region.
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Profile
Provides deposit, lending, treasury, wealth management, trust, and insurance services to businesses and households across the New Jersey-centered tri-state region. Most income comes from interest spread, while commercial real estate makes up most of the loan portfolio.
Operates Provident Bank, a relationship-oriented regional lender serving businesses and households across New Jersey, eastern Pennsylvania, and parts of New York. The bank gathers deposits and provides commercial real estate, commercial and industrial, construction, residential mortgage, and consumer loans, alongside treasury and other banking services.
Earns most income from the spread between interest received on loans and securities and interest paid on deposits and borrowings. Beacon Trust Company adds investment management, financial planning, tax, trust, and fiduciary services, while Provident Protection Plus brokers commercial and personal insurance.
Combines a dense branch franchise with specialized commercial teams, extending customer relationships beyond lending into deposits and fee services. Banking activities are regulated by federal and state authorities; commercial real estate constitutes most of the loan portfolio and receives elevated supervisory scrutiny.
Company facts
Categories
Key statistics
Year to date +19.0% · Average volume (30d) 926.8K
Analysts
Ratings
Target range
Latest analyst notes
| Date | Firm | Action | Rating | Prior target | Target |
|---|---|---|---|---|---|
| Jul 31, 2026 | D.A. Davidson | Target | $20 | $26 | |
| Jul 1, 2026 | Raymond James | Reiterate | Strong Buy | $27 | |
| Jan 29, 2026 | RBC Capital | Target | $21 | $25 |
Earnings
EPS
Revenue
History
| Report date | EPS est | EPS | Surprise | Revenue est | Revenue | Surprise | Next session |
|---|---|---|---|---|---|---|---|
| Jul 29, 2026Q2 FY26 | $0.57 | $0.60 | +6.2% | $225.6M | $235.0M | +4.2% | +3.28% |
| Apr 29, 2026Q1 FY26 | $0.55 | $0.61 | +10.9% | $225.6M | $225.2M | −0.2% | +1.16% |
| Jan 27, 2026Q4 FY25 | $0.56 | $0.64 | +14.3% | $224.1M | $225.0M | +0.4% | +6.67% |
| Oct 29, 2025Q3 FY25 | $0.54 | $0.55 | +1.3% | $220.7M | $221.8M | +0.5% | −0.38% |
Financial highlights
| 12 quarters | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | |
|---|---|---|---|---|---|---|---|
| Revenue | $332.4M | $343.4M | $353.7M | $353.2M | $346.5M | $326.6M | |
| Gross profit | $208.1M | $217.1M | $214.7M | $226.9M | $227.3M | $202.7M | |
| Operating income | $91.9M | $102.4M | $101.6M | $112.2M | $110.2M | $74.1M | |
| Net income | $64.0M | $72.0M | $71.7M | $83.4M | $79.4M | $78.1M | |
| Diluted EPS | $0.49 | $0.55 | $0.55 | $0.64 | $0.61 | $0.60 | |
| Gross margin | 62.6% | 63.2% | 60.7% | 64.3% | 65.6% | 62.1% | |
| Operating margin | 27.6% | 29.8% | 28.7% | 31.8% | 31.8% | 22.7% |
Fiscal years (4-quarter sums)FY21 $489.1M · FY22 $554.0M · FY23 $695.6M · FY24 $1.07B · FY25 $1.38B
Revenue by product · Q2 FY26
Balance sheet, Jun 30, 2026Cash & short-term investments $3.51B · Total debt $4.79B · Total assets $25.66B · Shareholders' equity $2.91B
Dividends
Raised for 21 straight years. To collect a payout, hold shares through the close before the ex-date.
History
| Ex-date | Record | Paid | Amount | Note |
|---|---|---|---|---|
| Aug 14, 2026 | Aug 14 | Aug 28 | $0.24 | |
| May 15, 2026 | May 15 | May 29 | $0.24 | |
| Feb 13, 2026 | Feb 13 | Feb 27 | $0.24 | |
| Nov 14, 2025 | Nov 14 | Nov 28 | $0.24 | |
| Aug 15, 2025 | Aug 15 | Aug 29 | $0.24 | |
| May 16, 2025 | May 16 | May 30 | $0.24 | |
| Feb 14, 2025 | Feb 14 | Feb 28 | $0.24 | |
| Nov 15, 2024 | Nov 15 | Nov 29 | $0.24 |
Ownership
Shares outstanding 130.31M · Float 126.28M · 96.9% free float
Top shareholders13F · 13D/G · Form 4
| Holder | Shares | % outstanding | Form | Filed |
|---|---|---|---|---|
| BlackRock, Inc. | 19.24M | 14.77% | 13F | Aug 7, 2026 |
| Vanguard Portfolio Management LLC | 8.23M | 6.32% | 13F | Aug 13, 2026 |
| Dimensional Fund Advisors LP | 8.17M | 6.27% | 13F | Aug 11, 2026 |
| State Street Corp | 8.04M | 6.17% | 13F | Aug 7, 2026 |
| Vanguard Capital Management LLC | 5.64M | 4.33% | 13F | Aug 13, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Aug 18, 2026 | Vito Giannola | officer: EVP & CRBO of provident Bank | −20,000 | $24.36 |
| Jun 12, 2026 | George Lista | officer: Pres/CEO Prov Protection Plus | −3,528 | $23.41 |
| May 8, 2026 | George Lista | officer: Pres/CEO Prov Protection Plus | −2,556 | $22.40 |
| Feb 26, 2026 | Robert E. Mccracken | director | −6,177 | $22.13 |
| Feb 5, 2026 | Christopher P. Martin | director, officer: Executive Chairman | −1,050 | $23.45 |
Peers
- Valley National Bancorp
Largest NJ-headquartered bank, ~$64B assets, heavy CRE/C&I and NJ deposits
- OceanFirst
NJ-headquartered super-community bank, ~$23B assets post-Flushing merger
- ConnectOne Bancorp
NJ/NY metro commercial bank, ~$14B assets, CRE- and SMB-heavy relationship model
- Fulton Financial
~$34B Mid-Atlantic regional bank anchored in PA/NJ commercial banking
- WSFS Bank
Greater Philadelphia/Delaware super-community bank with leading trust franchise
- Peapack-Gladstone Financial
NJ boutique private bank with $13B wealth AUM in PFS's core market
- Kearny Financial
NJ thrift-turned-community bank, ~$7.6B assets, multifamily/residential focus
CompareAfter-hours close
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Provident Financial Services | $23.71 | +0.91% | $3.06B | 9.8 | 9.4 | 2.2 | +9.7% |
| Valley National Bancorp | $13.92 | 0.00% | $7.71B | 11.6 | 9.8 | 2.6 | +13.3% |
| OceanFirst | $18.88 | −0.11% | $1.14B | 22.3 | 9.3 | 1.6 | +36.3% |
| ConnectOne Bancorp | $31.73 | 0.00% | $1.60B | 9.9 | 9.1 | 2.6 | +46.0% |
| Fulton Financial | $23.69 | +0.02% | $4.53B | 11.3 | 10.6 | 2.4 | +13.5% |
| WSFS Bank | $78.30 | +0.03% | $4.08B | 13.1 | 11.9 | 3.0 | +5.6% |
| Peapack-Gladstone Financial | $45.11 | −0.09% | $799.3M | 15.7 | 10.9 | 1.7 | +25.4% |
| Kearny Financial | $9.82 | 0.00% | $618.0M | 17.2 | 12.3 | 1.8 | +11.9% |
| Median | 13.1 | 10.6 | 2.4 | +13.5% |