Provident Financial Services

PFS · NYSE · Financials · Financials, fiscal 2016 to 2025

PFS · Last close · November 6, 2026

$22.96

Value Provident Financial Services yourself

Provident Financial Services' revenue rose 25.3% to $870 million in fiscal 2025. Net income was $291 million, up 152.0%. Its return on equity was 10.7%, up from 5.4% a year earlier. Its efficiency ratio was 52.7%, down from 65.9% a year earlier. It paid out $126 million in dividends and buybacks. The diluted share count rose 18.9%.

PROVIDENT FINANCIAL SERVICES, INC. Latest fiscal year ended December 31, 2025 10-K filed February 27, 2026 · 0001628280-26-012814 Updated November 7, 2026

Revenue

$870M

25.3%

Net income

$291M

152.0%

Return on equity

10.7%

5.3 pts

Return on tangible equity

13.9%

6.7 pts

Efficiency ratio

52.7%

13.2 pts

Market cap

$3.0B

Nov 6 close

P/E

9.6x

On $2.38 EPS, 4 qtrs

Return on equity is net income as a share of shareholders' equity; return on tangible equity leaves out goodwill and other intangible assets. The efficiency ratio is operating costs as a share of revenue, so lower means the bank spends less to earn each dollar. Market cap is the last closing share price times the latest diluted share count, so it is approximate. P/E is the last close divided by diluted earnings per share over the last four quarters, or the latest fiscal year where the quarters aren't available; there is none when the company made a loss.

Charts show fiscal years, from the 10-K filings.

Income statement

Revenue and net income

US$ billions, fiscal years; net losses in red. Revenue on the left axis, net income on the right; zero is the same line on both. Revenue is net of interest expense.

Revenue (left axis)Net income (right axis)

Efficiency ratio and net interest income

Percent of revenue. The efficiency ratio is noninterest expense over revenue.

Efficiency ratioNet interest income share

From fiscal 2016 to 2025, earnings per share grew 5.5% a year and net income 14.2% a year, as new shares raised the share count by 104% and diluted each share's earnings.

Diluted earnings per share

US$ per share, fiscal years, restated for any stock splits; loss years in red.

Return on equity

Percent. Net income over average equity; tangible equity excludes goodwill, intangibles and preferred stock.

Return on equityReturn on tangible common equity

Balance sheet

Loans and deposits

US$ billions, at each fiscal year end

Loans, netDeposits

Total assets and shareholders' equity

US$ billions, at each fiscal year end. Assets on the left axis, equity on the right.

Total assets (left axis)Equity (right axis)

Five years at a glance

Fiscal year end	FY21	FY22	FY23	FY24	FY25
Loans, net	9,501	10,161	10,766	18,628	19,334
Deposits	11,234	10,563	10,292	18,624	19,279
Loans to deposits	84.6%	96.2%	104.6%	100.0%	100.3%
Provision for credit losses	−24	8	28	84	4
Provision to average loans	−0.2%	0.1%	0.3%	0.6%	0.0%
Total assets	13,781	13,783	14,211	24,052	24,981
Shareholders' equity	1,697	1,598	1,691	2,601	2,833

US$ millions unless stated, at each fiscal year end.

Cash flow

Stock-based compensation and buybacks

US$ billions, fiscal years. Shares paid to employees (stock-based compensation, a cost that uses no cash) against cash spent buying shares back. Buybacks that only match it leave the share count roughly where it was.

Stock-based compensationShare buybacks

Dividends and buybacks

US$ billions, cash paid in each fiscal year

DividendsShare buybacks

Diluted share count

Weighted-average diluted shares, millions

Projections

Project Provident Financial Services' revenue, net income and earnings per share five years ahead in a bull, a base and a bear case with your own figures, and see the share prices your P/E estimates give them. Every projected figure is yours: it is not a forecast of ours.

Open Provident Financial Services' projections

Insider trades

Over the 12 months between November 7, 2025 and November 6, 2026, no insider bought Provident Financial Services shares on the open market, and 6 insiders sold $2.2 million.

Buys and sells by month

US$ millions, open-market purchases (up) and sales (down) by officers, directors and 10% owners in each month.

BoughtSold

Date	Insider	Trade	Shares	Price	Value	Filing
Sep 14, 2026	James A. ChristyEVP, CRO of Provident Bank	Sold	3,000	$23.36	$70,080	Form 4
Sep 1, 2026	Thomas SharaDirector	Sold	40,266	$23.06	$928,534	Form 4
Aug 31, 2026	Thomas SharaDirector	Sold	15,900	$23.30	$370,470	Form 4
Aug 18, 2026	Vito GiannolaEVP & CRBO of provident Bank	Sold	20,000	$24.36	$487,200	Form 4
Jun 12, 2026	George ListaPres/CEO Prov Protection Plus	Sold	3,528	$23.41	$82,590	Form 4
May 8, 2026	George ListaPres/CEO Prov Protection Plus	Sold	2,556	$22.40	$57,254	Form 4
Feb 26, 2026	Robert E McCrackenDirector	Sold	6,177	$22.13	$136,697	Form 4
Feb 5, 2026	Christopher P MartinExecutive Chairman, Director	Sold	1,050	$23.45	$24,622	Form 4

Open-market purchases and sales by officers, directors and 10% owners, from their Form 4 filings with the SEC: one row per person, day and filing, at the day's average price. Grants, option exercises and shares withheld for tax aren't counted. Insiders buy and sell for many reasons, such as taxes, spreading their savings or a plan set up months earlier, so a trade on its own says little about where a company is heading. For information only, not investment advice. Insider trades at all companies

Compare

Put Provident Financial Services side by side with any other company we cover: revenue, growth, margins, cash flow and returns, with ten years of charts.

Similar companies

Company	Year	Revenue growth	Net margin	Return on equity	Return on tangible equity	Efficiency ratio	Compare
Provident Financial Services	FY25	25.3%	33.5%	10.7%	13.9%	52.7%
First Hawaiian	FY25	8.9%	31.4%	10.3%	16.3%	56.7%	Compare
Independent Bank	FY25	24.3%	23.9%	6.2%	9.5%	61.8%	Compare
First Financial Bancorp	FY25	7.7%	28.4%	9.8%	17.6%	60.1%	Compare
Intl Bancshares	FY25	1.0%	49.0%	13.6%	15.0%	36.4%	Compare

Each company's latest fiscal year. Fiscal years end in different months, so the periods don't line up exactly.

10 years of figures

Fiscal year	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Income statement
Revenue	314	334	359	362	385	453	505	479	695	870
Revenue growth	2.9%	6.3%	7.6%	0.7%	6.4%	17.6%	11.6%	−5.2%	45.0%	25.3%
Net interest income	259	278	301	298	313	366	418	400	601	761
Noninterest income	55	56	59	64	72	87	88	80	94	110
Noninterest expense	184	188	192	202	228	250	260	275	458	459
Provision for credit losses	—	—	—	13	30	−24	8	28	84	4
Net income	88	94	118	113	97	168	176	128	116	291
Diluted EPS (US$)	1.38	1.45	1.82	1.74	1.39	2.19	2.35	1.71	1.05	2.23
Diluted shares (millions)	64	65	65	65	70	77	75	75	110	130
Payouts
Dividends paid	45	60	54	73	66	72	72	72	101	126
Share buybacks	2	0	13	20	21	21	46	0	0	0
Balance sheet at fiscal year end
Loans, net	6,942	7,266	7,195	7,277	9,721	9,501	10,161	10,766	18,628	19,334
Deposits	6,554	6,714	6,830	7,103	9,838	11,234	10,563	10,292	18,624	19,279
Total assets	9,500	9,845	9,726	9,809	12,920	13,781	13,783	14,211	24,052	24,981
Shareholders' equity	1,252	1,299	1,359	1,414	1,620	1,697	1,598	1,691	2,601	2,833
Ratios
Return on equity	7.2%	7.4%	8.9%	8.1%	6.4%	10.1%	10.7%	7.8%	5.4%	10.7%
Return on tangible common equity	10.8%	10.9%	12.9%	11.6%	8.9%	13.8%	14.6%	10.7%	7.2%	13.9%
Return on assets	0.9%	1.0%	1.2%	1.1%	0.8%	1.3%	1.3%	0.9%	0.6%	1.2%
Efficiency ratio	58.5%	56.2%	53.4%	55.7%	59.1%	55.2%	51.5%	57.5%	65.9%	52.7%

US$ millions unless stated. Where a later 10-K restated a year, the latest filed figure is shown. Download all figures (CSV, US$ millions)

Source: Provident Financial Services' Form 10-K filings, from SEC EDGAR. For information only, not investment advice. The Filing Desk is not affiliated with Provident Financial Services.