NYSE:PFSBanks
Provident Financial Balances Record Fee Income With Credit And Cost Pressures
Provident Financial Services (NYSE:PFS) reported strong Q1 earnings with record fee income.
The company highlighted robust commercial loan expansion alongside an uptick in nonperforming loans.
Management also pointed to higher technology related expenses as a near term pressure point.
For investors tracking NYSE:PFS, the fresh Q1 update adds additional detail beyond the share price alone. The stock most recently closed at $22.15, is up 12.2% year to date and 38.3% over the past year, and...