Provident Financial Services (PFS) Expected to Announce Earnings on Wednesday

Key Points

• Provident Financial Services is expected to report Q3 2026 earnings after market close on October 28, with analysts forecasting $0.612 EPS and $235.31 million in revenue. The earnings call is scheduled for October 29 at 10:00 a.m. ET.
• The company exceeded expectations in its latest quarter, reporting $0.60 EPS versus a $0.56 consensus estimate and $234.96 million in revenue. Analysts project $2.44 EPS for the current fiscal year and $2.58 for the next.
• PFS shares recently traded at $22.57 and offer a quarterly dividend of $0.24, equating to a 4.3% yield. Analysts maintain a “Moderate Buy” consensus with an average price target of $26.79, though insiders have sold shares in recent months.

Provident Financial Services (NYSE:PFS - Get Free Report) is anticipated to announce its Q3 2026 results after the market closes on Wednesday, October 28th. Analysts expect Provident Financial Services to post earnings of $0.6120 per share and revenue of $235.31 million for the quarter. Interested persons can find conference call details on the company's upcoming Q3 2026 earnings summary page for the latest details on the call scheduled for Thursday, October 29, 2026 at 10:00 AM ET.

Provident Financial Services (NYSE:PFS - Get Free Report) last announced its quarterly earnings results on Thursday, July 30th. The savings and loans company reported $0.60 EPS for the quarter, beating the consensus estimate of $0.56 by $0.04. Provident Financial Services had a net margin of 22.15% and a return on equity of 11.00%. The company had revenue of $234.96 million for the quarter, compared to analyst estimates of $225.57 million. During the same period in the prior year, the firm posted $0.55 earnings per share. On average, analysts expect Provident Financial Services to post $2.44 EPS for the current fiscal year and $2.58 EPS for the next fiscal year.

Provident Financial Services Stock Up 2.1%

PFS stock opened at $22.57 on Wednesday. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 0.99. Provident Financial Services has a twelve month low of $17.70 and a twelve month high of $25.49. The company's 50 day moving average is $23.08 and its two-hundred day moving average is $23.02. The stock has a market cap of $2.94 billion, a P/E ratio of 9.21 and a beta of 0.83.

Provident Financial Services Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, August 28th. Stockholders of record on Friday, August 14th were issued a $0.24 dividend. The ex-dividend date was Friday, August 14th. This represents a $0.96 annualized dividend and a dividend yield of 4.3%. Provident Financial Services's dividend payout ratio is presently 40.00%.

Insider Activity

In other news, EVP James Christy sold 3,000 shares of the firm's stock in a transaction that occurred on Monday, September 14th. The shares were sold at an average price of $23.36, for a total transaction of $70,080.00. Following the transaction, the executive vice president directly owned 43,083 shares in the company, valued at approximately $1,006,418.88. This trade represents a 6.51% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Vito Giannola sold 20,000 shares of the firm's stock in a transaction that occurred on Tuesday, August 18th. The stock was sold at an average price of $24.36, for a total transaction of $487,200.00. Following the transaction, the executive vice president owned 56,424 shares in the company, valued at approximately $1,374,488.64. This trade represents a 26.17% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 79,166 shares of company stock valued at $1,856,284. 3.02% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

Several research analysts have recently issued reports on the stock. Piper Sandler restated an "overweight" rating and issued a $29.00 target price (up from $26.00) on shares of Provident Financial Services in a report on Friday, July 31st. Raymond James Financial lifted their price target on shares of Provident Financial Services from $25.00 to $27.00 and gave the stock a "strong-buy" rating in a research note on Wednesday, July 1st. DA Davidson set a $26.00 price target on shares of Provident Financial Services in a research note on Friday, July 31st. Hovde Group boosted their price target on shares of Provident Financial Services from $26.50 to $28.50 and gave the company an "outperform" rating in a research report on Friday, July 31st. Finally, Weiss Ratings raised shares of Provident Financial Services from a "buy (b-)" rating to a "buy (b)" rating in a research report on Friday, October 9th. One investment analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $26.79.

Provident Financial Services Company Profile

Provident Financial Services, Inc is the parent company of Provident Bank, a full-service community and commercial bank serving individuals, businesses and organizations. The bank provides checking and savings accounts, certificates of deposit, treasury management and other deposit products, along with residential mortgage, commercial real estate, commercial business and consumer lending.

Through its banking and wealth-management operations, Provident offers services that may include investment management, trust and fiduciary services, financial planning and insurance solutions.

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