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Provident Financial Services NYSE:PFS Stock Report

Last Price

US$21.40

Market Cap

US$2.8b

7D

1.0%

1Y

36.7%

Updated

17 Nov, 2024

Data

Company Financials +

Provident Financial Services, Inc.

NYSE:PFS Stock Report

Market Cap: US$2.8b

PFS Stock Overview

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. More details

PFS fundamental analysis
Snowflake Score
Valuation2/6
Future Growth5/6
Past Performance1/6
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$21.40
52 Week HighUS$22.23
52 Week LowUS$13.07
Beta1.02
11 Month Change9.63%
3 Month Change17.65%
1 Year Change36.74%
33 Year Change-12.76%
5 Year Change-11.50%
Change since IPO38.06%

Recent News & Updates

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

Nov 02
Provident Financial Services (NYSE:PFS) Has Affirmed Its Dividend Of $0.24

Recent updates

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

Nov 02
Provident Financial Services (NYSE:PFS) Has Affirmed Its Dividend Of $0.24

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

Jul 29
Provident Financial Services (NYSE:PFS) Has Affirmed Its Dividend Of $0.24

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

Shareholder Returns

PFSUS BanksUS Market
7D1.0%2.3%-2.1%
1Y36.7%54.0%30.2%

Return vs Industry: PFS underperformed the US Banks industry which returned 54% over the past year.

Return vs Market: PFS exceeded the US Market which returned 30.2% over the past year.

Price Volatility

Is PFS's price volatile compared to industry and market?
PFS volatility
PFS Average Weekly Movement5.8%
Banks Industry Average Movement5.2%
Market Average Movement6.2%
10% most volatile stocks in US Market15.5%
10% least volatile stocks in US Market3.1%

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

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$2.79b
Earnings (TTM)US$94.31m
Revenue (TTM)US$526.01m

29.6x

P/E Ratio

1.1x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
PFS income statement (TTM)
RevenueUS$526.01m
Cost of RevenueUS$0
Gross ProfitUS$526.01m
Other ExpensesUS$431.70m
EarningsUS$94.31m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.72
Gross Margin100.00%
Net Profit Margin17.93%
Debt/Equity Ratio105.5%

How did PFS perform over the long term?

See historical performance and comparison

Dividends

4.5%

Current Dividend Yield

98%

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 DateNov 15 2024
Dividend Pay DateNov 29 2024
Days until Ex dividend3 days
Days until Dividend pay date11 days

Does PFS pay a reliable dividends?

See PFS dividend history and benchmarks