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PFS

Provident Financial Services NYSE:PFS Stock Report

Last Price

US$23.29

Market Cap

US$1.7b

7D

-0.5%

1Y

1.9%

Updated

24 Sep, 2022

Data

Company Financials +
PFS fundamental analysis
Snowflake Score
Valuation4/6
Future Growth2/6
Past Performance2/6
Financial Health6/6
Dividends5/6

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.

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$23.29
52 Week HighUS$26.20
52 Week LowUS$21.28
Beta0.87
1 Month Change-4.20%
3 Month Change4.86%
1 Year Change1.88%
3 Year Change-5.48%
5 Year Change-12.67%
Change since IPO50.26%

Recent News & Updates

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

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

Provident Financial Services, Inc.'s ( NYSE:PFS ) investors are due to receive a payment of $0.24 per share on 26th of...

Shareholder Returns

PFSUS MortgageUS Market
7D-0.5%-5.5%-5.2%
1Y1.9%-31.3%-23.0%

Return vs Industry: PFS exceeded the US Mortgage industry which returned -31.5% over the past year.

Return vs Market: PFS exceeded the US Market which returned -23.1% over the past year.

Price Volatility

Is PFS's price volatile compared to industry and market?
PFS volatility
PFS Average Weekly Movement2.6%
Mortgage Industry Average Movement3.1%
Market Average Movement6.9%
10% most volatile stocks in US Market15.8%
10% least volatile stocks in US Market2.8%

Stable Share Price: PFS is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: PFS's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
18391,139Tony Labozzettahttps://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. The company’s deposit products include savings, checking, interest-bearing checking, money market deposit, and certificate of deposit accounts, as well as IRA products. Its loan portfolio comprises commercial real estate loans that are secured by properties, such as multi-family apartment buildings, office buildings, and retail and industrial properties; 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, marine loans, 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$1.73b
Earnings (TTM)US$157.76m
Revenue (TTM)US$462.86m

11.0x

P/E Ratio

1.1x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
PFS income statement (TTM)
RevenueUS$462.86m
Cost of RevenueUS$0
Gross ProfitUS$462.86m
Other ExpensesUS$305.09m
EarningsUS$157.76m

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)2.12
Gross Margin100.00%
Net Profit Margin34.08%
Debt/Equity Ratio69.0%

How did PFS perform over the long term?

See historical performance and comparison

Dividends

4.1%

Current Dividend Yield

46%

Payout Ratio