Provident Financial Services Balance Sheet Health
Financial Health criteria checks 6/6
Provident Financial Services has total assets of $14.1B and total equity of $1.7B. Total deposits are $10.1B, and total loans are $10.7B. It earns a Net Interest Margin of 3.2%. It has sufficient allowance for bad loans, which are currently at 0.4% of total loans. Cash and short-term investments are $158.4M.
Key information
8.3x
Asset to equity ratio
3.2%
Net interest margin
| Total deposits | US$10.10b |
| Loan to deposit ratio | Appropriate |
| Bad loans | 0.4% |
| Allowance for bad loans | Sufficient |
| Current ratio | Low |
| Cash & equivalents | US$158.35m |
Recent financial health updates
No updates
Recent updates
Provident Financial: An Old Local Bank With Growth Potential After Lakeland Bank Merger
Feb 14Provident Financial Services' (NYSE:PFS) Dividend Will Be $0.24
Jan 29
Provident 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 28Provident Financial Services' (NYSE:PFS) Dividend Will Be $0.24
Aug 01Provident Financial GAAP EPS of $0.53 beats by $0.01, revenue of $120.41M beats by $0.29M
Jul 29Provident Financial: Higher Provisioning Likely To Undermine Strong Topline Growth
Jul 23If EPS Growth Is Important To You, Provident Financial Services (NYSE:PFS) Presents An Opportunity
Jul 04Provident Financial Services' (NYSE:PFS) Dividend Will Be US$0.24
May 03Provident Financial: Earnings Riding On Economic Factors
Apr 18Does Provident Financial Services (NYSE:PFS) Deserve A Spot On Your Watchlist?
Mar 15Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: PFS's Assets to Equity ratio (8.3x) is low.
Allowance for Bad Loans: PFS has a sufficient allowance for bad loans (224%).
Low Risk Liabilities: 81% of PFS's liabilities are made up of primarily low risk sources of funding.
Loan Level: PFS has an appropriate level of Loans to Assets ratio (76%).
Low Risk Deposits: PFS's Loans to Deposits ratio (106%) is appropriate.
Level of Bad Loans: PFS has an appropriate level of bad loans (0.4%).