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
| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 5/6 |
| Past Performance | 1/6 |
| Financial Health | 6/6 |
| Dividends | 5/6 |
Rewards
Risk Analysis
+ 1 more risk
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Provident Financial Services, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$18.95 |
| 52 Week High | US$22.24 |
| 52 Week Low | US$13.07 |
| Beta | 1.05 |
| 1 Month Change | -10.44% |
| 3 Month Change | -2.52% |
| 1 Year Change | 5.39% |
| 3 Year Change | -21.34% |
| 5 Year Change | -23.09% |
| Change since IPO | 22.26% |
Recent News & Updates
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
Jul 29Provident Financial: An Old Local Bank With Growth Potential After Lakeland Bank Merger
Feb 14Provident Financial Services' (NYSE:PFS) Dividend Will Be $0.24
Jan 29Provident Financial Services (NYSE:PFS) Is Paying Out A Dividend Of $0.24
Oct 30Provident Financial: Impressive Dividend Yield With Promising Lakeland Merger
Oct 26Do Provident Financial Services' (NYSE:PFS) Earnings Warrant Your Attention?
Sep 09Provident Financial Services: Waiting For Better Times, Better Price
Aug 12Provident Financial Services (NYSE:PFS) Has Affirmed Its Dividend Of $0.24
Aug 03Provident Financial Services, Inc. (NYSE:PFS) Analysts Just Slashed This Year's Revenue Estimates By 15%
Jul 30Provident Financial Services (NYSE:PFS) Will Pay A Dividend Of $0.24
May 01Provident Financial Services (NYSE:PFS) Ticks All The Boxes When It Comes To Earnings Growth
Apr 27Provident Financial Services (NYSE:PFS) Has Affirmed Its Dividend Of $0.24
Jan 30Revenue Downgrade: Here's What Analysts Forecast For Provident Financial Services, Inc. (NYSE:PFS)
Jan 28Provident Financial GAAP EPS of $0.66 beats by $0.03, revenue of $132.33M misses by $2.95M
Jan 27Provident Financial Services' (NYSE:PFS) Dividend Will Be $0.24
Oct 31Provident Financial GAAP EPS of $0.58 in-line, revenue of $137.93M beats by $11.68M
Oct 28Shareholder Returns
| PFS | US Banks | US Market | |
|---|---|---|---|
| 7D | -7.8% | -6.3% | -4.0% |
| 1Y | 5.4% | 28.2% | 24.0% |
Return vs Industry: PFS underperformed the US Banks industry which returned 31.3% over the past year.
Return vs Market: PFS underperformed the US Market which returned 26.1% over the past year.
Price Volatility
| PFS volatility | |
|---|---|
| PFS Average Weekly Movement | 5.9% |
| Banks Industry Average Movement | 5.3% |
| Market Average Movement | 6.4% |
| 10% most volatile stocks in US Market | 16.8% |
| 10% least volatile stocks in US Market | 3.2% |
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
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1839 | 1,126 | Tony Labozzetta | www.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
| PFS fundamental statistics | |
|---|---|
| Market cap | US$2.63b |
| Earnings (TTM) | US$94.31m |
| Revenue (TTM) | US$526.01m |
26.2x
P/E Ratio0.9x
P/B RatioIs PFS overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| PFS income statement (TTM) | |
|---|---|
| Revenue | US$526.01m |
| Cost of Revenue | US$0 |
| Gross Profit | US$526.01m |
| Other Expenses | US$431.70m |
| Earnings | US$94.31m |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.72 |
| Gross Margin | 100.00% |
| Net Profit Margin | 17.93% |
| Debt/Equity Ratio | 105.5% |
How did PFS perform over the long term?
See historical performance and comparisonDividends
5.1%
Current Dividend Yield98%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/18 23:50 |
| End of Day Share Price | 2024/12/18 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Provident Financial Services, Inc. is covered by 14 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Erik Zwick | Boenning & Scattergood, Inc. |
| Manuel Navas | D.A. Davidson & Co. |
| Russell Elliott Gunther | D.A. Davidson & Co. |