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Provident Financial Services NYSE:PFS Stock Report

Last Price

US$15.20

Market Cap

US$1.2b

7D

10.5%

1Y

-13.1%

Updated

25 Apr, 2024

Data

Company Financials +

Provident Financial Services, Inc.

NYSE:PFS Stock Report

Market Cap: US$1.2b

PFS Stock Overview

Provident Financial Services, Inc. operates as the bank holding company for Provident Bank that provides various banking products and services to individuals, families, and businesses in the United States.

PFS fundamental analysis
Snowflake Score
Valuation4/6
Future Growth5/6
Past Performance2/6
Financial Health6/6
Dividends5/6

Provident Financial Services, Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Provident Financial Services
Historical stock prices
Current Share PriceUS$15.20
52 Week HighUS$19.62
52 Week LowUS$13.21
Beta1.06
1 Month Change9.12%
3 Month Change-14.41%
1 Year Change-13.14%
3 Year Change-36.75%
5 Year Change-42.38%
Change since IPO-1.94%

Recent News & Updates

Recent updates

Provident Financial: An Old Local Bank With Growth Potential After Lakeland Bank Merger

Feb 14

Provident Financial Services' (NYSE:PFS) Dividend Will Be $0.24

Jan 29
Provident Financial Services' (NYSE:PFS) Dividend Will Be $0.24

Provident Financial Services (NYSE:PFS) Is Paying Out A Dividend Of $0.24

Oct 30
Provident Financial Services (NYSE:PFS) Is Paying Out A Dividend Of $0.24

Provident Financial: Impressive Dividend Yield With Promising Lakeland Merger

Oct 26

Do Provident Financial Services' (NYSE:PFS) Earnings Warrant Your Attention?

Sep 09
Do Provident Financial Services' (NYSE:PFS) Earnings Warrant Your Attention?

Provident Financial Services: Waiting For Better Times, Better Price

Aug 12

Provident Financial Services (NYSE:PFS) Has Affirmed Its Dividend Of $0.24

Aug 03
Provident Financial Services (NYSE:PFS) Has Affirmed Its Dividend Of $0.24

Provident Financial Services, Inc. (NYSE:PFS) Analysts Just Slashed This Year's Revenue Estimates By 15%

Jul 30
Provident Financial Services, Inc. (NYSE:PFS) Analysts Just Slashed This Year's Revenue Estimates By 15%

Provident Financial Services (NYSE:PFS) Will Pay A Dividend Of $0.24

May 01
Provident Financial Services (NYSE:PFS) Will Pay A Dividend Of $0.24

Provident Financial Services (NYSE:PFS) Ticks All The Boxes When It Comes To Earnings Growth

Apr 27
Provident Financial Services (NYSE:PFS) Ticks All The Boxes When It Comes To Earnings Growth

Provident Financial Services (NYSE:PFS) Has Affirmed Its Dividend Of $0.24

Jan 30
Provident Financial Services (NYSE:PFS) Has Affirmed Its Dividend Of $0.24

Revenue Downgrade: Here's What Analysts Forecast For Provident Financial Services, Inc. (NYSE:PFS)

Jan 28
Revenue Downgrade: Here's What Analysts Forecast For Provident Financial Services, Inc. (NYSE:PFS)

Provident Financial GAAP EPS of $0.66 beats by $0.03, revenue of $132.33M misses by $2.95M

Jan 27

Provident Financial Services' (NYSE:PFS) Dividend Will Be $0.24

Oct 31
Provident Financial Services' (NYSE:PFS) Dividend Will Be $0.24

Provident Financial GAAP EPS of $0.58 in-line, revenue of $137.93M beats by $11.68M

Oct 28

Provident Financial Services' (NYSE:PFS) Dividend Will Be $0.24

Aug 01
Provident Financial Services' (NYSE:PFS) Dividend Will Be $0.24

Provident Financial GAAP EPS of $0.53 beats by $0.01, revenue of $120.41M beats by $0.29M

Jul 29

Provident Financial: Higher Provisioning Likely To Undermine Strong Topline Growth

Jul 23

If EPS Growth Is Important To You, Provident Financial Services (NYSE:PFS) Presents An Opportunity

Jul 04
If EPS Growth Is Important To You, Provident Financial Services (NYSE:PFS) Presents An Opportunity

Provident Financial Services' (NYSE:PFS) Dividend Will Be US$0.24

May 03
Provident Financial Services' (NYSE:PFS) Dividend Will Be US$0.24

Provident Financial: Earnings Riding On Economic Factors

Apr 18

Does Provident Financial Services (NYSE:PFS) Deserve A Spot On Your Watchlist?

Mar 15
Does Provident Financial Services (NYSE:PFS) Deserve A Spot On Your Watchlist?

Shareholder Returns

PFSUS BanksUS Market
7D10.5%6.8%1.2%
1Y-13.1%34.4%24.9%

Return vs Industry: PFS underperformed the US Banks industry which returned 34% over the past year.

Return vs Market: PFS underperformed the US Market which returned 24.7% over the past year.

Price Volatility

Is PFS's price volatile compared to industry and market?
PFS volatility
PFS Average Weekly Movement5.9%
Banks Industry Average Movement4.5%
Market Average Movement6.0%
10% most volatile stocks in US Market16.6%
10% least volatile stocks in US Market3.0%

Stable Share Price: PFS has not had significant price volatility in the past 3 months.

Volatility Over Time: PFS's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
18391,126Tony Labozzettawww.provident.bank

Provident Financial Services, Inc. operates as the bank holding company for Provident Bank that provides various banking products and services to individuals, families, and businesses in the United States. Its deposit products include savings, checking, interest-bearing checking, money market deposit, and certificate of deposit accounts, as well as IRA products. The company’s loan portfolio comprises commercial real estate loans that are secured by properties, such as multi-family apartment buildings, office buildings, retail and industrial properties, and office buildings; commercial business loans; fixed-rate and adjustable-rate mortgage loans collateralized by one- to four-family residential real estate properties; commercial construction loans; and consumer loans consisting of home equity loans, home equity lines of credit, personal loans and unsecured lines of credit, and auto and recreational vehicle loans.

Provident Financial Services, Inc. Fundamentals Summary

How do Provident Financial Services's earnings and revenue compare to its market cap?
PFS fundamental statistics
Market capUS$1.18b
Earnings (TTM)US$119.94m
Revenue (TTM)US$441.20m

9.6x

P/E Ratio

0.7x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
PFS income statement (TTM)
RevenueUS$441.20m
Cost of RevenueUS$0
Gross ProfitUS$441.20m
Other ExpensesUS$321.25m
EarningsUS$119.94m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)1.59
Gross Margin100.00%
Net Profit Margin27.19%
Debt/Equity Ratio135.3%

How did PFS perform over the long term?

See historical performance and comparison

Dividends

6.3%

Current Dividend Yield

60%

Payout Ratio

Does PFS pay a reliable dividends?

See PFS dividend history and benchmarks
When do you need to buy PFS by to receive an upcoming dividend?
Provident Financial Services dividend dates
Ex Dividend DateApr 26 2024
Dividend Pay DateMay 31 2024
Days until Ex dividend0 days
Days until Dividend pay date35 days

Does PFS pay a reliable dividends?

See PFS dividend history and benchmarks
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