Provident Financial Services prices $175M subordinated notes
Provident Financial Services has priced $175 million in 6.50% Fixed-to-Floating Rate Subordinated Notes due 2036. The notes will bear interest at 6.50% per annum initially, resetting to Three-Month Term SOFR plus 239 basis points after September 1, 2031. The proceeds will be used to repay existing subordinated notes and for general corporate purposes, qualifying as Tier 2 capital.
Provident Financial EVP, CRBO Vito Giannola sells 20,000 shares for $487,200
Vito Giannola, EVP and chief retail banking officer of Provident Bank (Provident Financial Services), sold 20,000 common shares for $487,200. The sale occurred on August 18, 2026, at a price of $24.36 per share. Following the transaction, Giannola's direct holdings decreased to 56,424 common shares, with additional indirect holdings in a 401(k) and an IRA.
Provident Financial EVP Giannola sells $487,200 in common stock
Vito Giannola, EVP and CRBO of Provident Financial Services Inc. (NASDAQ:PFS), sold 20,000 shares of company stock for $487,200 on August 18, 2026. This transaction occurred as PFS stock trades near $24.17, showing a 36% increase over the past year. Following the sale, Giannola directly holds 56,424 shares, with additional indirect holdings through a 401(k) and IRA.
Provident Financial (NYSE: PFS) insider to sell 20,000 shares
An insider at Provident Financial Services Inc. (NYSE: PFS), Vito Giannola, has filed a Rule 144 notice to sell up to 20,000 shares of common stock, valued at an aggregate market value of $487,600. The shares, originating from an equity compensation stock grant on July 1, 2020, are planned for sale through Charles Schwab Corp on August 18, 2026. This transaction is considered neutral in its filing impact and sentiment, as per Rhea-AI analysis.
Does Adding FDIC and Accounting Veterans Reshape Provident Financial Services' Governance Narrative (PFS)?
Provident Financial Services (PFS) recently expanded its board to include a veteran FDIC regulator and appointed a new Chief Accounting Officer. These additions are expected to enhance governance, risk management, and financial reporting, though they don't significantly alter the company's near-term focus on loan growth and efficiency or risks related to funding costs. The article highlights that while these moves support improved oversight and a consistent dividend, investors should also consider the impact of rising compliance and cybersecurity costs.
Does Adding FDIC and Accounting Veterans Reshape Provident Financial Services' Governance Narrative (PFS)?
Provident Financial Services recently expanded its boards by adding Michael E. Regan, a former FDIC regulator, as a director and appointing Diane Gigliotti as Chief Accounting Officer. These strategic hires aim to bolster the bank's governance, risk management, and financial reporting, offering incremental support for its investment narrative. While the appointments enhance oversight, the core drivers remain loan growth, efficiency improvements, and managing funding costs and regional concentration.
Does Adding FDIC and Accounting Veterans Reshape Provident Financial Services' Governance Narrative (PFS)?
Provident Financial Services and Provident Bank have expanded their boards, adding a veteran FDIC regulator and a Chief Accounting Officer. These appointments enhance governance, risk management, and financial reporting expertise. While improving governance, the core investment narrative still hinges on loan growth, efficiency, funding costs, and regional concentration, with rising compliance and cybersecurity costs posing ongoing pressures.
Renaissance Technologies LLC Sells 118,424 Shares of Provident Financial Services, Inc $PFS
Renaissance Technologies LLC decreased its stake in Provident Financial Services (NYSE:PFS) by 71.7% in the first quarter, selling 118,424 shares and retaining 46,845 shares. Despite this reduction, Provident Financial Services reported strong quarterly earnings, beating analyst estimates for both EPS and revenue, and declared a quarterly dividend of $0.24 per share. Analysts maintain a "Moderate Buy" rating with a consensus price target of $26.79 for the company.
Form 8K Provident Financial Services Inc For: 14 August By Investing.com
This article announces that Provident Financial Services Inc. filed a Form 8K for August 14. The filing was reported by Investing.com, noting a slight decrease in the company's stock (PFS) by 1.48%. The content primarily consists of the headline repeated and surrounded by numerous navigation links and market data, typical of a financial news portal.
Provident files Q3 2026 investor presentation highlighting $25.7B assets, $20.0B loans and strong capital
Provident Financial Services (PFS) has released its Q3 2026 investor presentation, showcasing its financial strength. Key highlights include $25.7 billion in total assets, $20.0 billion in total loans, and $19.5 billion in total deposits as of Q2 2026. The company also reported strong profitability with a YTD ROAA of 1.26% and ROATCE of 16.2%, alongside robust capital ratios well above regulatory thresholds.
Provident Financial Services (NYSE: PFS) showcases profitability, asset quality and liquidity
Provident Financial Services (NYSE: PFS) has released an investor presentation highlighting its strong financial performance, asset quality, and robust capital and liquidity position as of June 30, 2026. The bank boasts $25.7 billion in assets, significant profitability with a 1.26% annualized ROAA, solid asset quality with nonperforming assets at 0.54%, and strong capital ratios. This information was furnished via an 8-K filing to assist investors and analysts in understanding the company's profile.
Provident Financial Services, Inc Revenue Breakdown – NYSE:PFS
Provident Financial Services, Inc. (NYSE:PFS) generated $869.58 million in revenue last year. The Banking and Related Activities segment was the top performer, contributing $870.40 million. The United States accounted for the largest share of revenue, with $870.40 million.
Zacks Industry Outlook Highlights WSFS Financial, Provident Financial Services and Southern Missouri Bancorp
The Zacks Savings and Loan industry is experiencing a brightening outlook due to higher interest rates, easing lending standards, and digital advancements, despite ongoing credit quality pressures. The industry has outperformed the S&P 500 and the broader Finance sector over the past year. Zacks Equity Research highlights WSFS Financial, Provident Financial Services, and Southern Missouri Bancorp as strong investment opportunities within this sector, driven by their individual growth strategies, robust financials, and positive earnings outlooks.
Form 8K Provident Financial Services Inc For: 11 August By Investing.com
This article reports that Provident Financial Services Inc. has filed a Form 8K on August 11. The filing is brief and includes no further details within the main body of the content provided. The article mentions the stock symbol PFS and its current performance.
3 Savings & Loan Stocks Worth Picking on Improving Industry Prospects
The savings and loan industry is poised for growth due to higher interest rates, easing lending standards, and increasing loan demand, despite potential credit quality pressures from inflation. Digital transformation efforts are also contributing to improved profitability. The article highlights three specific stocks—WSFS Financial (WSFS), Provident Financial Services (PFS), and Southern Missouri Bancorp (SMBC)—as strong investment opportunities within this promising sector.
Oliver Luxxe Assets LLC Sells 42,681 Shares of Provident Financial Services, Inc $PFS
Oliver Luxxe Assets LLC significantly reduced its stake in Provident Financial Services by selling 42,681 shares, though institutional investors still hold a large portion of the company. Provident Financial Services reported strong Q2 earnings and revenue, exceeding analyst expectations, and declared a quarterly dividend of $0.24. Analysts maintain a "Moderate Buy" rating with an average price target above the current stock price.
Provident Financial Services, Inc $PFS Shares Purchased by Assenagon Asset Management S.A.
Assenagon Asset Management S.A. increased its stake in Provident Financial Services (NYSE:PFS) by 6.9% in the second quarter, now owning 998,562 shares valued at $23.6 million. Other institutional investors like Dimensional Fund Advisors LP, State Street Corp, and Wellington Management Group LLP also adjusted their positions. Analysts currently rate the stock as a "Moderate Buy" with an average price target of $26.79, and the company recently reported strong quarterly earnings and declared a dividend.
Provident Financial Services (NYSE:PFS) Could Be A Buy For Its Upcoming Dividend
This article suggests that Provident Financial Services (NYSE:PFS) could be an attractive investment due to its upcoming dividend payment. The piece implies that investors looking for dividend income might consider buying shares in the company before the ex-dividend date.
Should You Buy Provident Financial Services, Inc. (NYSE:PFS) For Its Upcoming Dividend?
Provident Financial Services (NYSE:PFS) is preparing to issue a dividend of US$0.24 per share, with an ex-dividend date around August 14th. The company boasts a healthy payout ratio of just 20% of its profits, indicating a comfortable ability to cover dividends. Additionally, its earnings per share have grown by 11% annually over the last five years, suggesting good financial health for continued dividend payments.
Provident Financial Services, I (PFS) stock price, news, quote and history
This article provides a comprehensive overview of Provident Financial Services, Inc. (PFS) stock, including its current price, dividend information, historical performance, and key financial data. It also details the company's banking products, services, and recent analyst ratings, highlighting its position in the Regional Banks sector.
Should Provident’s New Risk and Accounting Leaders Reshape How Investors View PFS’s Earnings Quality?
Provident Financial Services (PFS) has appointed Michael E. Regan, a veteran FDIC examiner, to its board and key risk committees, and promoted Diane Gigliotti to Chief Accounting Officer. These changes are expected to strengthen risk management and financial reporting oversight, potentially enhancing investor confidence in the bank's earnings quality and credit risk management. While these appointments support risk oversight, the core drivers of PFS's performance—disciplined lending, deposit growth, and cost control—remain crucial amidst rising funding costs and competitive pressures.
Provident Financial Services And Provident Bank Appoint Former FDIC Examiner Michael E. Regan To Boards
Provident Financial Services and its subsidiary, Provident Bank, have appointed former FDIC Examiner Michael E. Regan to their boards of directors, effective July 30, 2026. Regan brings over 35 years of experience in financial institution supervision, corporate governance, regulatory compliance, and enterprise risk management from his career at the Federal Deposit Insurance Corporation. His extensive background is expected to provide valuable expertise in governance, capital planning, operational risk, cybersecurity, and regulatory compliance for the company.
Provident promotes Gigliotti to chief accounting officer
Provident Bank announced the promotion of Diane Gigliotti to senior vice president and chief accounting officer. Gigliotti, who joined Provident in 2023, will oversee the bank's accounting functions, including financial reporting and internal controls. This promotion follows other executive changes at Provident, including Adriano Duarte's earlier promotion to chief financial officer, to whom Gigliotti will now report.
Provident Financial Services appoints Michael Regan to board
Provident Financial Services, Inc. (NYSE:PFS) has appointed Michael E. Regan to its boards of directors, and that of its subsidiary Provident Bank, effective July 30, 2026. Regan brings over 35 years of financial regulation experience from his career at the Federal Deposit Insurance Corporation (FDIC), where he served as a Senior Bank Examiner. His expertise includes corporate governance, risk management, capital adequacy, and regulatory compliance.
Provident Financial (NYSE: PFS) adds board member, promotes chief accountant
Provident Financial Services, Inc. (NYSE: PFS) has announced significant leadership changes. Michael E. Regan has been elected to the boards of the company and Provident Bank as a Class of 2028 director, expanding both boards from 12 to 13 directors. Additionally, Diane Gigliotti has been promoted to Senior Vice President and Chief Accounting Officer for both entities, with an initial base salary of $310,000 and significant incentive opportunities.
Provident Financial Services adds Michael E. Regan to board; Diane Gigliotti named Chief Accounting Officer
Provident Financial Services has elected Michael E. Regan to its board of directors and appointed Diane Gigliotti as Senior Vice President and Chief Accounting Officer, both effective July 30, 2026. Michael E. Regan will also join several committees, and the company's board has expanded from 12 to 13 directors. Diane Gigliotti brings over 20 years of experience in accounting and finance, having previously served as CFO & Managing Director of BBVA New York Branch.
Provident Financial Services, Inc. and Provident Bank Promote Diane Gigliotti to Senior Vice President, Chief Accounting Officer
Diane Gigliotti has been promoted to Senior Vice President, Chief Accounting Officer at Provident Financial Services, Inc. and Provident Bank. In this expanded role, she will oversee the company's accounting function, financial reporting, regulatory compliance, and serve as a strategic advisor. Gigliotti brings over two decades of experience in finance and accounting to her new position.
Provident Financial Services, Inc. and Provident Bank Appoint Michael E. Regan to the Boards of Directors
Provident Financial Services, Inc. and Provident Bank have appointed Michael E. Regan to their boards of directors, effective July 30, 2026. Mr. Regan brings over 35 years of experience as a financial regulatory executive, having advised financial institutions on governance, risk management, and regulatory compliance during his career with the Federal Deposit Insurance Corporation (FDIC). His expertise is expected to provide valuable insight as the companies continue their strategic growth and uphold strong corporate governance.
Provident Financial Appoints New Board Member
Provident Financial Services has appointed Michael E. Regan to its board and that of Provident Bank, effective July 30, 2026. Regan brings over 35 years of regulatory experience from the FDIC, which is expected to enhance the company's governance, risk management, and strategic execution. Executive Chairman Christopher Martin highlighted Regan's expertise as crucial for maintaining strong corporate governance and creating long-term shareholder value.
Provident Bank appoints Michael E. Regan to its boards for his regulatory expertise.
Provident Financial Services, Inc. and its subsidiary Provident Bank have appointed Michael E. Regan to their boards of directors. Regan brings over 35 years of experience in financial regulation, having worked extensively with the FDIC. His expertise is expected to enhance Provident's governance and risk oversight, demonstrating the company's commitment to strong corporate governance and long-term value creation.
Provident boards gain more than 35 years of oversight experience
Provident Financial Services (NYSE: PFS) and Provident Bank have appointed Michael E. Regan to their boards of directors, effective July 30, 2026. Regan brings over 35 years of experience as a financial regulatory executive with the FDIC, where he oversaw safety, soundness, governance, and risk management for various financial institutions. His extensive background is expected to provide valuable insight as the company continues to execute its strategic priorities and maintain strong corporate governance.
Provident Financial Services, Inc. and Provident Bank Appoint Michael E. Regan to the Boards of Directors
Provident Financial Services, Inc. and Provident Bank have appointed Michael E. Regan to their boards of directors, effective July 30, 2026. Regan brings over 35 years of experience from the Federal Deposit Insurance Corporation (FDIC) in financial regulatory oversight, governance, and risk management. His appointment is expected to provide valuable expertise in strengthening corporate governance and supporting the company's strategic priorities.
Provident Financial Services, Inc. and Provident Bank Promote Diane Gigliotti to Senior Vice President, Chief Accounting Officer
Provident Financial Services, Inc. and Provident Bank have promoted Diane Gigliotti to Senior Vice President, Chief Accounting Officer. Gigliotti will oversee the company's accounting function, including financial and regulatory reporting, internal controls, and tax oversight. She brings over 20 years of experience in finance and accounting to this expanded role, having previously served as the Bank’s Controller and Chief Financial Officer for BBVA’s New York Branch.
Provident Financial Services, Inc. and Provident Bank Promote Diane Gigliotti to Senior Vice President, Chief Accounting Officer
Provident Financial Services, Inc. and Provident Bank have promoted Diane Gigliotti to Senior Vice President, Chief Accounting Officer. In her new role, Gigliotti will oversee the accounting function, financial reporting, and regulatory compliance for both the company and the bank. With over 20 years of experience in finance, she previously served as the Bank's Controller and held significant roles at BBVA and Merrill Lynch.
Provident Financial Services (NYSE:PFS) Earns Outperform Rating from Keefe, Bruyette & Woods
Keefe, Bruyette & Woods reaffirmed its "outperform" rating for Provident Financial Services (NYSE:PFS) and raised its price target from $26 to $28, signaling an 11.44% potential upside. Other analysts like Hovde Group, DA Davidson, and Piper Sandler have also issued positive reports, contributing to a consensus "Moderate Buy" rating with an average price target of $26.79. The company recently surpassed quarterly earnings expectations with an EPS of $0.60 against an estimated $0.56, and revenues of $234.96 million, exceeding the $225.57 million consensus.
Provident Financial Services (PFS) Earnings Strength Keeps Valuation In Focus
Provident Financial Services (PFS) reported strong quarterly revenue and a 17% EPS increase, leading to a recent share price surge. While its P/E ratio suggests it's undervalued compared to peers and fair value estimates, its discounted cash flow (DCF) model indicates an even steeper discount. Investors are encouraged to review the underlying data to form an independent stance on whether the current valuation is a genuine opportunity or if risks are being priced in.
Provident Financial Services, Inc $PFS Stock Holdings Raised by Arrowstreet Capital Limited Partnership
Arrowstreet Capital Limited Partnership significantly increased its stake in Provident Financial Services (NYSE:PFS) by 82% in the first quarter, now holding 341,162 shares valued at approximately $7.2 million. This increase comes amid positive analyst sentiment, with several firms raising price targets after PFS beat second-quarter earnings expectations and showed improving banking fundamentals. The company also maintained its quarterly dividend of $0.24 per share.
Provident Financial Services, Inc (NYSE:PFS) Declares Quarterly Dividend of $0.24
Provident Financial Services (NYSE:PFS) declared a quarterly dividend of $0.24 per share, payable on August 28th to shareholders of record on August 14th. This represents an annualized payout of $0.96 and a dividend yield of 3.9%. The company also reported strong quarterly earnings of $0.60 EPS, exceeding analyst estimates of $0.56, and revenue of $234.96 million, both contributing to a healthy 42.1% payout ratio that indicates the dividend is well-covered.
Provident Financial Services, Inc (NYSE:PFS) Given Average Rating of "Moderate Buy" by Analysts
Provident Financial Services (NYSE:PFS) has received an average "Moderate Buy" rating from analysts, with a consensus 12-month price target of $25.00. The company recently reported strong quarterly results, exceeding revenue and earnings expectations, and maintained its quarterly dividend of $0.24 per share. While institutional ownership is high at 71.97%, recent insider selling offers a slightly negative ownership signal.
Earnings call transcript: Provident Financial Services tops Q2 2026 estimates
Provident Financial Services exceeded Q2 2026 earnings and revenue estimates, reporting $0.61 EPS on $234.65 million revenue. The company saw record net interest and non-interest income, improved net interest margin, and solid credit quality. Management raised its full-year loan and deposit growth outlook and non-interest income guidance, leading to a 3.86% stock increase in after-hours trading.
Provident Financial Services, Inc. Declares Quarterly Cash Dividend
Provident Financial Services, Inc. announced that its Board of Directors declared a quarterly cash dividend of $0.24 per common share. This dividend is payable on August 28, 2026, to stockholders of record as of August 14, 2026. Provident Financial Services, Inc. is the holding company for Provident Bank, which offers various financial services, and also includes Beacon Trust Company and Provident Protection Plus, Inc.
Provident Financial Services Keeps Quarterly Dividend at $0.24 a Share, Payable Aug. 28 to Holders of Record Aug. 14
Provident Financial Services (PFS) declared a quarterly dividend of $0.24 per share, maintaining its previous payout. The dividend is scheduled to be paid on August 28 to shareholders of record as of August 14. This announcement follows recent positive Q2 earnings and revenue results for the company.
Provident Financial Services (NYSE: PFS) sets $0.24 quarterly dividend
Provident Financial Services, Inc. (NYSE: PFS) has announced that its Board of Directors declared a quarterly cash dividend of $0.24 per common share. This dividend is scheduled to be paid on August 28, 2026, to shareholders who are on record as of August 14, 2026. The company serves as the holding company for Provident Bank, providing banking, fiduciary, and wealth management services across New Jersey, parts of Pennsylvania, and New York.
Provident Financial Services declares $0.24 dividend
Provident Financial Services, Inc. (NYSE:PFS) announced a quarterly cash dividend of $0.24 per common share. The dividend will be payable on August 28, 2026, to stockholders of record as of August 14, 2026. Provident Financial Services is the parent company of Provident Bank, which operates across New Jersey, Pennsylvania, and New York.
Provident Financial Services, Inc. 2026 Q2 - Results - Earnings Call Presentation (NYSE:PFS) 2026-07-30
Provident Financial Services, Inc. (PFS) published its 2026 Q2 earnings call presentation. The company reported Q2 EPS of $0.61, beating estimates by $0.05, and revenue of $234.65M, surpassing expectations by $6.14M with a 9.56% year-over-year increase. This article provides access to the slide deck presented during the earnings call.
Provident Financial: Q2 Earnings Snapshot
This article provides a brief earnings snapshot for Provident Financial's Q2 performance. It is a very short piece, indicating that the content is likely an automated or placeholder entry with minimal financial details. The primary takeaway is the mention of a Q2 earnings period for the company.
Provident Financial Services, Inc. Reports Second Quarter Earnings
Provident Financial Services, Inc. reported net income of $78.1 million, or $0.60 per share, for the second quarter ended June 30, 2026. This represents a slight decrease from the previous quarter but an increase from the same period in the prior year. The company highlighted expanding core profitability, strong loan growth with low net charge-offs, and a strengthening capital position.
Provident Financial Reports Record Q2 Pre-Provision Revenue of $117.8M
Provident Financial Services (NYSE: PFS) announced record Q2 2026 pre-provision net revenue (PPNR) of $117.8 million, driven by expanding net interest income and higher non-interest income. The company reported net income of $78.1 million ($0.60 per share), alongside growth in total assets to $25.66 billion and loans to $20.05 billion. Provident also highlighted improvements in its net interest margin and tangible book value per share, while non-performing loans decreased quarter-over-quarter.
Earnings Flash (PFS) Provident Financial Services, Inc. Posts Q2 Adjusted EPS $0.61 per Share, vs. FactSet Est of $0.56
Provident Financial Services, Inc. (PFS) announced its Q2 adjusted EPS of $0.61 per share, surpassing the FactSet estimate of $0.56. The company, which operates Provident Bank, a New Jersey-chartered savings bank, provides various lending services and wealth management through its subsidiaries. Recent company news also includes a price target adjustment from Raymond James and multiple instances of being dropped from Russell Growth Benchmarks.
Earnings Flash (PFS) Provident Financial Services, Inc. Posts Q2 Adjusted EPS $0.61 per Share, Vs. FactSet Est of $0.56
Provident Financial Services, Inc. (PFS) reported its Q2 adjusted EPS of $0.61 per share, exceeding the FactSet estimate of $0.56 per share. This indicates a stronger financial performance than anticipated by analysts for the quarter.
