PROVIDENT FINANCIAL SERVICES INC (PFS)

18.91 0 (0%)

As of 2025-10-28 15:29:07 EST

Provident Financial Services, Inc. is the holding company for Provident Bank. Established in 1839, Provident Bank provides financial services for businesses, individuals and families in New Jersey, New York, and eastern Pennsylvania. The bank offers a broad array of deposit, loan, and investment products as well as trust, fiduciary and wealth management services through its wholly owned subsidiary, Beacon Trust Company.

Traded asNYSE: PFS
ISINUS74386T1051
CIK0001178970
LEI529900JOSO3SXEDVE477
EIN421547151
Sector
IndustrySavings Institution, Federally Chartered
CEOAnthony Labozzetta
Employees
Fiscal Year End1231
Address830 BERGEN AVENUE, JERSEY CITY, NJ, 07306
Phone2013331000
Websitehttps://www.provident.bank/
Stock Quotes
trading_symbolregistrant_nametimepricechangepercentage_change
PFSPROVIDENT FINANCIAL SERVICES INC2025-10-28 15:29:0718.9100
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Company Information
trading_symbolcentral_index_keyregistrant_nameisin_numberlei_numberein_numberexchangesic_codesic_descriptionfiscal_year_endstate_of_incorporationaddress_streetaddress_cityaddress_stateaddress_zip_codeaddress_countryaddress_country_codephone_numbermailing_addressbusiness_addressformer_nameindustryfounding_datechief_executive_officernumber_of_employeeswebsitemarket_capshares_issuedshares_outstandingdescriptionupdate_time
PFS0001178970PROVIDENT FINANCIAL SERVICES INCUS74386T1051529900JOSO3SXEDVE477421547151NYSE6035Savings Institution, Federally Chartered1231DE830 BERGEN AVENUEJERSEY CITYNJ07306UNITED STATESUS2013331000830 BERGEN AVENUE, JERSEY CITY, NJ, 07306830 BERGEN AVENUE, JERSEY CITY, NJ, 073061839-02-27Anthony Labozzettahttps://www.provident.bank/1,730,000,000137,565,966130,624,153Provident Financial Services, Inc. is the holding company for Provident Bank. Established in 1839, Provident Bank provides financial services for businesses, individuals and families in New Jersey, New York, and eastern Pennsylvania. The bank offers a broad array of deposit, loan, and investment products as well as trust, fiduciary and wealth management services through its wholly owned subsidiary, Beacon Trust Company.2025-10-23 13:45:13
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PFS Stock Price (End-of-Day)
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PFS Stock Price (1-Minute)
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Market Cap
Fiscal YearMarket CapChange In Market CapPercentage Change In Market CapShares OutstandingChange In Shares OutstandingPercentage Change In Shares Outstanding
20241,730,000,000610,000,00054.4643130,489,49354,887,98872.6017
20231,120,000,000-550,000,000-32.934175,601,505276,2990.3668
20221,670,000,000-40,000,000-2.339275,325,206-1,787,306-2.3178
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Executive Compensation
Executive NameExecutive PositionFiscal YearSalaryBonusStock AwardsIncentive Plan CompensationOther CompensationTotal Compensation
John KuntzChief Administrative Officer, Executive Vice President2024317,4770112,172105,5942,627,8843,163,127
Valerie O. MurrayPresident, Executive Vice President2024488,7500293,580257,861108,4521,148,643
Anthony J. LabozzettaChief Executive Officer, President2024945,19301,425,000890,625240,2743,501,092
Thomas M. LyonsChief Financial Officer, Executive Vice President2024565,8660509,900354,063141,6441,571,473
Thomas J. SharaVice Chairman2024433,583262,302500,000447,7464,162,6915,806,322
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Employee Count
Fiscal YearEmployee Count
20241,753
20231,109
20221,124
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Income Statements
Fiscal Year202420232022
Revenue68,288,00057,525,00054,987,000
Cost Of Revenue
Gross Profit
Research And Development Expenses
General And Administrative Expenses
Operating Expenses
Operating Income
Net Income115,525,000128,398,000175,648,000
Earnings Per Share Basic1.051.722.35
Earnings Per Share Diluted1.051.712.35
Weighted Average Shares Outstanding Basic109,668,91174,844,48974,700,623
Weighted Average Shares Outstanding Diluted109,712,73274,873,25674,782,370
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Balance Sheet Statements
Fiscal Year202420232022
Cash And Cash Equivalents205,914,000180,241,000186,490,000
Marketable Securities Current
Accounts Receivable
Inventories
Non Trade Receivables61,836,00028,677,000
Other Assets Current
Total Assets Current
Marketable Securities Non Current
Property Plant And Equipment119,622,00070,998,00079,794,000
Other Assets Non Current
Total Assets Non Current
Total Assets24,051,825,00014,210,810,00013,783,436,000
Accounts Payable
Deferred Revenue
Short Term Debt1,510,000,0001,440,000,000774,487,000
Other Liabilities Current
Total Liabilities Current
Long Term Debt1,897,872,0001,239,370,000
Other Liabilities Non Current
Total Liabilities Non Current
Total Liabilities21,450,618,00012,520,214,00012,185,733,000
Common Stock1,376,000832,000832,000
Retained Earnings989,111,000974,542,000918,158,000
Accumulated Other Comprehensive Income-135,355,000-141,115,000-165,045,000
Total Shareholders Equity2,601,207,0001,690,596,0001,597,703,000
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Cash Flow Statements
Fiscal Year202420232022
Depreciation And Amortization41,499,00011,695,00013,076,000
Share Based Compensation Expense77,000144,000198,000
Other Non Cash Income Expense0-154,00022,000
Change In Accounts Receivable
Change In Inventories
Change In Non Trade Receivables4,953,0007,063,0009,913,000
Change In Other Assets-23,214,000-25,085,00056,291,000
Change In Accounts Payable
Change In Other Liabilities17,315,000-29,007,00060,544,000
Cash From Operating Activities426,381,000173,396,000200,310,000
Purchases Of Marketable Securities403,999,00040,089,000290,426,000
Sales Of Marketable Securities566,942,00000
Acquisition Of Property Plant And Equipment1,307,0007,488,0009,411,000
Acquisition Of Business
Other Investing Activities
Cash From Investing Activities507,674,000-469,600,000-647,564,000
Tax Withholding For Share Based Compensation1,323,0001,678,0001,021,000
Payments Of Dividends100,956,00072,447,00072,023,000
Issuance Of Common Stock
Repurchase Of Common Stock0046,530,000
Issuance Of Long Term Debt534,807,0003,982,100,000
Repayment Of Long Term Debt1,390,028,000
Other Financing Activities
Cash From Financing Activities-908,371,000289,951,000-78,701,000
Change In Cash25,684,000-6,253,000-525,955,000
Cash At End Of Period205,914,000180,241,000186,490,000
Income Taxes Paid36,184,00046,461,00051,050,000
Interest Paid397,282,000210,345,00046,896,000
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Key Metrics
Fiscal Year202420232022
Earnings Per Share1.051.722.35
Price To Earnings Ratio17.971410.48269.0894
Earnings Growth Rate-38.9535-26.80856.8182
Price Earnings To Growth Ratio-0.4614-0.3911.3331
Book Value Per Share23.718722.588121.3881
Price To Book Ratio0.79560.79820.9987
Ebitda793,822,000402,920,000288,403,000
Enterprise Value4,507,077,136.673,422,972,307.28
Dividend Yield0.04880.05370.0451
Dividend Payout Ratio0.87390.56420.41
Debt To Equity Ratio1.97441.2605
Capital Expenditures90,123,0002,899,00012,311,000
Free Cash Flow336,258,000170,497,000187,999,000
Return On Equity0.04440.07590.1099
One Year Beta1.13651.360.5918
Three Year Beta0.82370.78151.0413
Five Year Beta1.07091.03750.9553
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Insider Transactions
Insider NameRelationship To IssuerTransaction DateAmount Of SecuritiesAcquired Or DisposedSecurities Owned Following Transaction
SHARA THOMASDirector, Executive Vice Chairman2025-09-30439,077D90,720
SHARA THOMASDirector, Executive Vice Chairman2025-09-30439,077A439,077
Christy James A.EVP, CRO of Provident Bank2025-09-123,000D39,633
Pugliese JohnDirector2025-09-1125,000D87,907
Giannola VitoEVP & CRBO of provident Bank2025-08-217,474D69,766
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Senate Trading
Name Of Reporting PersonType Of Reporting PersonReport DateTransaction TypeTransaction DateOwner TypeAmount
Patrick J ToomeySenator2018-08-13Sale (Full)2018-01-08Joint$1,001 - $15,000
Patrick J ToomeySenator2018-08-13Sale (Partial)2018-01-05Joint$1,001 - $15,000
Patrick J ToomeySenator2018-05-02Sale (Full)2018-01-05Self$1,001 - $15,000
Patrick J ToomeySenator2018-05-02Sale (Full)2018-01-08Self$1,001 - $15,000
Patrick J ToomeySenator2018-02-07Sale (Full)2018-01-05Self$1,001 - $15,000
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Institutional Holdings
Investor NamePeriod Of ReportMarket ValueAmount Of SecuritiesPrice Per Security
Versant Capital Management, Inc2025-09-3037,2301,93119.2802
Rosenthal | Henry Capital Advisors, Inc.2025-09-301,329,58668,96219.28
Kiker Wealth Management, LLC2025-09-301,691,96687,75819.2799
MGO ONE SEVEN LLC2025-09-30196,36710,18519.28
CITIZENS FINANCIAL GROUP INC/RI2025-09-301,181,61361,28719.28
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Mutual Fund Holdings
Registrant NamePeriod Of ReportFund NameFund SymbolAmount Of UnitsValue In UsdPercentage Value Compared To Assets
Fidelity Rutland Square Trust II2025-08-31Strategic Advisers U.S. Total Stock FundFSAKX22,864453,621.760.0006
FIDELITY CONCORD STREET TRUST2025-08-31Fidelity Series Total Market Index FundFCFMX182,6113,623,002.240.0042
FIDELITY CONCORD STREET TRUST2025-08-31Fidelity Total Market Index FundFSKAX241,0704,782,828.80.0041
FIDELITY CONCORD STREET TRUST2025-08-31Fidelity Extended Market Index FundFSMAX708,48014,056,243.20.0342
Horizon Funds2025-08-31Advisor ClassHSMBX58,3011,156,691.840.2088
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