Earnings summaries and quarterly performance for PROVIDENT FINANCIAL SERVICES.
Executive leadership at PROVIDENT FINANCIAL SERVICES.
AL
Anthony Labozzetta
Detailed
President and Chief Executive Officer
CEO
AD
Adriano Duarte
Detailed
Executive Vice President and Chief Accounting Officer
BM
Bennett MacDougall
Detailed
Executive Vice President, General Counsel and Corporate Secretary
CP
Carolyn Powell
Detailed
Executive Vice President and Chief Human Resources Officer
CM
Christopher Martin
Detailed
Executive Chairman
JC
James Christy
Detailed
Executive Vice President and Chief Risk Officer
JN
James Nigro
Detailed
Executive Vice President and Chief Credit Officer
RV
Ravi Vakacherla
Detailed
Executive Vice President and Chief Digital and Innovation Officer
TL
Thomas Lyons
Detailed
Senior Executive Vice President and Chief Financial Officer
TS
Thomas Shara
Detailed
Executive Vice Chairman
TM
Timothy Matteson
Detailed
Executive Vice President and Chief Administrative Officer
VM
Valerie Murray
Detailed
Executive Vice President and Chief Wealth Management Officer
VG
Vito Giannola
Detailed
Executive Vice President and Chief Banking Officer
WF
William Fink
Detailed
Executive Vice President and Chief Lending Officer
Board of directors at PROVIDENT FINANCIAL SERVICES.
BF
Brian Flynn
Detailed
Director
BG
Brian Gragnolati
Detailed
Director
EL
Edward Leppert
Detailed
Director
JD
James Dunigan
Detailed
Director
JH
James Hanson
Detailed
Director
JP
John Pugliese
Detailed
Lead Independent Director
MH
Matthew Harding
Detailed
Director
NL
Nadine Leslie
Detailed
Director
RM
Robert McCracken
Detailed
Director
UF
Ursuline Foley
Detailed
Director
Research analysts who have asked questions during PROVIDENT FINANCIAL SERVICES earnings calls.
Feddie Strickland
Hovde Group
5 questions for PFS
Also covers: BFST, BWFG, CNOB +6 more
MF
Mark Fitzgibbon
Piper Sandler & Co.
5 questions for PFS
Also covers: AMAL, BHLB, BRKL +12 more
MN
Manuel Navas
D.A. Davidson & Co.
3 questions for PFS
Also covers: ABCB, BFST, BPOP +20 more
Timothy Switzer
KBW
3 questions for PFS
Also covers: CASH, CIVB, CNOB +14 more
TS
Tim Switzer
Keefe, Bruyette & Woods (KBW)
3 questions for PFS
Also covers: CASH, CIVB, CNOB +12 more
BY
Bill Young
RBC Capital Markets
2 questions for PFS
Also covers: BHLB, LOB
DS
Dave Storms
Stonegate
2 questions for PFS
Also covers: HOFT, TCBX
SM
Steve Moss
Raymond James
2 questions for PFS
Also covers: AUB, BRKL, BWFG +12 more
TR
Thomas Reid
Raymond James
1 question for PFS
Also covers: DCOM, FFIC, NBTB +1 more
Recent press releases and 8-K filings for PFS.
Provident Financial Services, Inc. Announces Strong Q4 2025 Results and 2026 Guidance
PFS
Earnings
Guidance Update
Revenue Acceleration/Inflection
- Provident Financial Services, Inc. (PFS) reported Diluted EPS of $0.64 and record revenues of $226 million for Q4 2025.
- The company achieved strong Q4 2025 profitability with a 1.34% Return on Average Assets (ROAA), 1.78% Pre-Provision Net Revenue (PPNR) ROAA, and 17.58% Return on Average Tangible Common Equity (ROATCE).
- PFS saw significant growth in Q4 2025, with total commercial loans increasing 5.4% annualized and core deposits expanding $260 million (6.6% annualized).
- The balance sheet remained robust, evidenced by Tangible Book Value (TBV) growth of 4% quarter-over-quarter to $15.70 and 15% year-over-year, alongside an improved net charge-off ratio of 0.09%.
- For 2026, PFS projects 4-6% annualized loan and deposit growth, a reported Net Interest Margin (NIM) of 3.40% to 3.50%, and an efficiency ratio target of approximately 51.0%.
Jan 28, 2026, 5:08 PM
Provident Financial Services, Inc. Announces Fourth Quarter and Full Year 2025 Earnings
PFS
Earnings
Revenue Acceleration/Inflection
Guidance Update
- Provident Financial Services, Inc. reported net income of $83.4 million, or $0.64 per basic and diluted share, for the three months ended December 31, 2025, and $291.2 million, or $2.23 per basic and diluted share, for the full year ended December 31, 2025.
- The company achieved record revenue of $225.7 million for the fourth quarter of 2025, marking its third consecutive quarter of record revenues, comprised of net interest income of $197.4 million and non-interest income of $28.3 million.
- As of December 31, 2025, total assets were $24.98 billion, total deposits increased to $19.28 billion, and the loan pipeline totaled $2.74 billion.
- The President and CEO, Anthony J. Labozzetta, expects continued earnings per share growth and to compound tangible book value in 2026.
Jan 28, 2026, 5:07 PM
Provident Financial Services Reports Record Q4 2025 Revenues and Provides 2026 Guidance
PFS
Earnings
Guidance Update
Share Buyback
- Provident Financial Services reported Q4 2025 net earnings of $83 million or $0.64 per share, driven by record revenues of $226 million.
- The company achieved an annualized return on average assets of 1.34% and an adjusted return on average tangible common equity of 17.6% for Q4 2025.
- A new share repurchase authorization for an additional 2 million shares was announced.
- For 2026, the company projects loans and deposits to grow in the 4%-6% range, non-interest income to average $28.5 million per quarter, and targets a core return on average assets in the 1.20%-1.30% range.
- A core system conversion is scheduled for the fall of 2026, with approximately $5 million in non-recurring charges expected largely in Q3 and Q4 2026.
Jan 28, 2026, 3:00 PM
Provident Financial Services Reports Strong Q4 2025 Results and Provides 2026 Guidance
PFS
Earnings
Guidance Update
Share Buyback
- Provident Financial Services reported net earnings of $83 million or $0.64 per share for Q4 2025, achieving an annualized return on average assets of 1.34% and a record $111 million in pre-provision net revenue.
- The company recorded record revenues of $226 million, driven by record net interest income of $197 million and record non-interest income of $28.3 million. Asset quality remained strong, with non-performing assets improving to 0.32%.
- For 2026, Provident Financial Services projects loans and deposits to grow in the 4%-6% range, non-interest income to average $28.5 million per quarter, and targets a core return on average assets in the 1.20%-1.30% range. Core net interest margin is expected to expand by 3-5 basis points for the next two quarters, with reported NIM estimated in the 3.4-3.5% range for 2026.
- A new share repurchase authorization for an additional 2 million shares was announced, with organic growth remaining the primary capital deployment objective. The company also plans a core system conversion in the fall of 2026, expecting approximately $5 million in non-recurring charges.
Jan 28, 2026, 3:00 PM
Provident Financial Services Reports Strong Q4 2025 Results and Provides 2026 Outlook
PFS
Earnings
Guidance Update
Share Buyback
- Provident Financial Services reported net earnings of $83 million or $0.64 per share for Q4 2025, with record revenues of $226 million, driven by record net interest income of $197 million and record non-interest income of $28.3 million. The company achieved an annualized return on average assets of 1.34% and an adjusted return on average tangible common equity of 17.6%.
- The company saw net commercial loan growth of 5.5% in 2025, with a year-end loan pipeline of $2.7 billion. Core deposits grew $260 million or 6.6% annualized in Q4 2025. Asset quality remained strong, with non-performing assets improving to 0.32% and full-year 2025 net charge-offs at just seven basis points of average loans.
- For 2026, PFS expects loans and deposits to grow in the 4%-6% range, non-interest income to average $28.5 million per quarter, and targets a core return on average assets between 1.20%-1.30%. The company also announced a new share repurchase authorization for an additional 2 million shares and plans a core system conversion in the fall of 2026, with approximately $5 million in non-recurring charges.
Jan 28, 2026, 3:00 PM
Provident Financial Services, Inc. Announces Fourth Quarter and Full Year 2025 Earnings and Annual Meeting Date
PFS
Earnings
New Projects/Investments
- Provident Financial Services, Inc. reported net income of $83.4 million, or $0.64 per basic and diluted share, for the three months ended December 31, 2025, and $291.2 million, or $2.23 per basic and diluted share, for the full year ended December 31, 2025.
- For the fourth quarter of 2025, net interest income increased to $197.4 million with a net interest margin of 3.44%. Non-interest income totaled $28.3 million and non-interest expense was $114.7 million.
- The company's total assets reached $24.98 billion and total deposits increased to $19.28 billion at December 31, 2025.
- Asset quality showed improvement, with total non-performing loans at $78.4 million, or 0.40% of total loans, at December 31, 2025.
- The Annual Meeting of Stockholders is scheduled for May 21, 2026, as a virtual meeting.
Jan 27, 2026, 10:15 PM
Provident Financial Services, Inc. Authorizes New Stock Repurchase Program
PFS
Share Buyback
- Provident Financial Services, Inc. (PFS) announced the authorization of its tenth stock repurchase program, which will begin upon the completion of the existing program.
- The existing stock repurchase program has 814,247 shares remaining available for repurchase.
- Under the new authorization, combined with the remaining shares from the existing program, the company may repurchase up to 2.15% of its currently outstanding shares of common stock, or approximately 2.81 million shares.
- The repurchase program has no expiration date and its completion is not subject to a specific timeframe.
Jan 27, 2026, 1:25 PM
PACCAR Reports Strong 2025 Annual and Fourth Quarter Results
PFS
Earnings
Legal Proceedings
New Projects/Investments
- PACCAR reported annual revenues of $28.44 billion and net income of $2.38 billion ($4.51 per diluted share) in 2025, which included a $264.5 million after-tax, non-recurring charge related to civil litigation in Europe. Adjusted net income for 2025 was $2.64 billion ($5.01 per diluted share).
- For the fourth quarter of 2025, consolidated revenues were $6.82 billion and net income was $556.9 million ($1.06 per diluted share), compared to $7.91 billion and $872.0 million ($1.66 per diluted share) in the fourth quarter of 2024, respectively.
- PACCAR Parts achieved record annual revenues of $6.87 billion and pretax income of $1.67 billion in 2025. PACCAR Financial Services (PFS) also reported record annual revenues of $2.21 billion and pretax income of $485.4 million in 2025.
- PACCAR declared cash dividends of $2.72 per share during 2025.
- The company invested $1.17 billion in capital projects and research and development in 2025 and estimates investments of $725-$775 million in capital projects and $450-$500 million in R&D for 2026.
Jan 27, 2026, 1:00 PM
Provident Financial Services Announces CFO Retirement
PFS
CFO Change
Management Change
Executive Compensation
- Thomas M. Lyons, Senior Executive Vice President and Chief Financial Officer of Provident Financial Services and Provident Bank, has announced his retirement.
- His departure is expected by June 30, 2026, or upon the appointment of his successor, for whom a nationwide search is currently underway.
- Following the appointment of his successor, Mr. Lyons will serve as a Special Advisor until his final employment date of January 31, 2027, receiving an annualized base salary of $300,000 during this advisory period.
Jan 13, 2026, 10:35 PM
Provident Financial Services Reports Strong Q3 2025 Results and Provides 2025 Guidance
PFS
Earnings
Guidance Update
Revenue Acceleration/Inflection
- Provident Financial Services, Inc. reported record revenue of $221.8 million and diluted EPS of $0.55 for the third quarter ended September 30, 2025. The company's Adjusted Return on Average Assets (ROAA) was 1.16% and Adjusted Return on Average Tangible Equity (ROATE) was 16.01%.
- The total commercial loan portfolio increased by $191.2 million, or 4.59% annualized, to $16.70 billion as of September 30, 2025, with total deposits reaching $19.1 billion.
- Asset quality remained strong, with non-performing assets to total assets at 0.41% and annualized net charge-offs at 0.11% of loans for Q3 2025. A provision for credit losses of $7.0 million was recorded.
- Tangible book value per share grew 3.6% to $15.13, and the tangible common equity ratio improved by 19 basis points to 8.22% as of September 30, 2025.
- For the remainder of 2025, the company anticipates 5% annualized loan growth and 1-3% annualized deposit growth, with Net Interest Margin (NIM) projected to be in the 3.38% to 3.45% range.
Oct 30, 2025, 7:00 PM
Quarterly earnings call transcripts for PROVIDENT FINANCIAL SERVICES.
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