Earnings ·
Provident Financial Services filed an 8-K to furnish presentation materials for its second quarter 2026 earnings…
PFSProvident Financial Services Inc
Provident Financial Services filed an 8-K to furnish presentation materials for its second quarter 2026 earnings release, scheduled for July 30, 2026. The company reported core diluted EPS of $0.61 and a core return on average assets (ROAA) of 1.27%. Total assets reached $25.7 billion with total loans at $20.0 billion and deposits at $19.5 billion. Net interest income grew 8% year-over-year to support revenues of $235 million, while core pre-provision net revenue (PPNR) increased 18.3% to a 1.87% ROAA. The company executed stock buybacks of 614,722 shares at an average cost of $21.09 per share and maintains a tangible book value of $16.42 per share. Provident Financial Services operates as a full-service commercial and consumer bank headquartered in New Jersey.