Provident Financial Services Company Profile (NYSE:PFS)

About Provident Financial Services

Provident Financial Services logoProvident Financial Services Inc. is a holding company for The Provident Bank (the Bank). The Bank is a New Jersey-chartered capital stock savings bank. As a community and customer-oriented institution, the Bank provides personal service and customer convenience in serving the financial needs of the individuals, families and businesses residing in its primary markets areas. It attracts deposits from the general public and businesses in the areas surrounding its banking offices and uses those funds, together with funds generated from operations and borrowings, to originate commercial real estate loans, residential mortgage loans, commercial business loans and consumer loans. It also invests in mortgage-backed securities and other permissible investments. Its primary market area includes a mix of urban and suburban communities, and has a mix of industries, including pharmaceutical, manufacturing companies, network communications, insurance and financial services, healthcare and retail.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Savings & Loans
  • Sub-Industry: Thrifts & Mortgage Finance
  • Exchange: NYSE
  • Symbol: PFS
  • CUSIP: 74386T10
Key Metrics:
  • Previous Close: $21.57
  • 50 Day Moving Average: $20.44
  • 200 Day Moving Average: $19.88
  • 52-Week Range: $17.71 - $21.59
  • Trailing P/E Ratio: 16.16
  • Foreward P/E Ratio: 14.98
  • P/E Growth: 3.12
  • Market Cap: $1.37B
  • Outstanding Shares: 63,553,000
  • Beta: 1.22
Additional Links:
Companies Related to Provident Financial Services:

Analyst Ratings

Consensus Ratings for Provident Financial Services (NYSE:PFS) (?)
Ratings Breakdown: 1 Hold Rating, 1 Buy Rating
Consensus Rating:Buy (Score: 2.50)
Consensus Price Target: $20.50 (4.96% downside)

Analysts' Ratings History for Provident Financial Services (NYSE:PFS)
Show:
DateFirmActionRatingPrice TargetDetails
12/3/2015Drexel HamiltonReiterated RatingBuy$21.00 -> $20.00View Rating Details
11/10/2015Piper Jaffray Cos.DowngradeOverweight -> Neutral$21.00View Rating Details
8/5/2015Keefe, Bruyette & WoodsReiterated RatingBuyView Rating Details
8/3/2015Royal Bank Of CanadaBoost Price TargetOutperform$20.00 -> $22.00View Rating Details
7/31/2015Boenning ScattergoodInitiated CoverageNeutralView Rating Details
(Data available from 8/30/2014 forward)

Earnings

Earnings History for Provident Financial Services (NYSE:PFS)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/28/2016        
7/29/2016Q216$0.34$0.34$70.14 million$77.73 millionViewListenView Earnings Details
4/29/2016Q116$0.34$0.33$65.66 million$76.00 millionViewListenView Earnings Details
1/29/2016Q4$0.33$0.34$62.30 millionViewListenView Earnings Details
10/30/2015Q315$0.35$0.33$62.35 millionViewListenView Earnings Details
7/31/2015Q215$0.33$0.35$62.21 millionViewListenView Earnings Details
4/24/2015Q115$0.33$0.32$62.64 million$72.20 millionViewN/AView Earnings Details
1/30/2015Q414$0.34$0.34$62.70 millionViewN/AView Earnings Details
10/29/2014Q314$0.32$0.34$63.11 millionViewN/AView Earnings Details
7/25/2014Q214$0.31$0.31$57.60 millionViewN/AView Earnings Details
4/25/2014Q114$0.30$0.30$54.57 millionViewN/AView Earnings Details
1/30/2014Q413$0.31$0.30$54.12 millionViewN/AView Earnings Details
10/25/2013Q313$0.26$0.28$53.88 millionViewN/AView Earnings Details
7/26/2013Q2 2013$0.29$0.34$53.77 millionViewN/AView Earnings Details
4/26/2013Q1 2013$0.28$0.31$53.96 millionViewN/AView Earnings Details
2/1/2013Q4 2012$0.27$0.29$63.51 millionViewN/AView Earnings Details
10/26/2012Q312$0.28$0.28$54.44 millionViewN/AView Earnings Details
7/27/2012$0.28$0.28ViewN/AView Earnings Details
4/27/2012$0.27$0.32ViewN/AView Earnings Details
1/27/2012$0.27$0.26ViewN/AView Earnings Details
10/28/2011$0.27$0.27ViewN/AView Earnings Details
7/29/2011$0.25$0.25ViewN/AView Earnings Details
4/28/2011$0.24$0.24ViewN/AView Earnings Details
1/28/2011$0.24$0.21ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Provident Financial Services (NYSE:PFS)
Current Year EPS Consensus Estimate: $1.36 EPS
Next Year EPS Consensus Estimate: $1.44 EPS

Dividends

Current Dividend Information for Provident Financial Services (NYSE:PFS)
Annual Dividend:$0.72
Dividend Yield:3.34%
Dividend Growth:8.40% (3 Year Average)
Payout Ratio:53.73% (Based on Trailing 12 Months of Earnings)
52.94% (Based on Current Year Consensus EPS Estimate)
50.00% (Based on Next Year Consensus EPS Estimate)
Track Record:5 Years of Consecutive Dividend Growth

Dividend History for Provident Financial Services (NYSE:PFS)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
7/29/2016Quarterly$0.188/11/20168/15/20168/31/2016
4/29/2016Quarterly$0.185/11/20165/13/20165/31/2016
1/29/2016Quarterly$0.172/10/20162/12/20162/26/2016
10/30/2015Quarterly$0.1711/10/201511/13/201511/27/2015
7/31/2015$0.168/12/20158/14/20158/28/2015
4/24/2015quarterly$0.163.54%5/13/20155/15/20155/29/2015
2/2/2015quarterly$0.163.59%2/11/20152/13/20152/27/2015
10/29/2014quarterly$0.1511/12/201411/14/201411/28/2014
7/25/2014quarterly$0.153.62%8/13/20148/15/20148/29/2014
4/25/2014quarterly$0.153.54%5/13/20145/15/20145/30/2014
1/31/2014quarterly$0.153.57%2/12/20142/14/20142/28/2014
10/25/2013quarterly$0.153.14%11/13/201311/15/201311/29/2013
7/29/2013quarterly$0.143.17%8/13/20138/15/20138/30/2013
4/25/2013quarterly$0.143.7%5/13/20135/15/20135/31/2013
2/1/2013quarterly$0.133.51%2/13/20132/15/20132/28/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Provident Financial Services (NYSE:PFS)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
8/24/2016James A ChristySVPSell65$20.96$1,362.40View SEC Filing  
8/23/2016James A ChristySVPSell10,688$21.03$224,768.64View SEC Filing  
8/11/2016Frank L FeketeDirectorSell4,559$20.42$93,094.78View SEC Filing  
8/5/2016Donald W BlumEVPSell10,000$20.68$206,800.00View SEC Filing  
8/2/2016John F KuntzEVPSell10,000$20.09$200,900.00View SEC Filing  
6/1/2016Carlos HernandezDirectorSell3,200$20.34$65,088.00View SEC Filing  
5/24/2016Janet D KrasowskiEVPSell10,000$20.00$200,000.00View SEC Filing  
5/5/2016Frank L FeketeDirectorSell3,000$19.69$59,070.00View SEC Filing  
5/3/2016Michael A RaimondeEVPSell29,557$19.68$581,681.76View SEC Filing  
3/4/2016Donald W BlumEVPSell10,000$19.33$193,300.00View SEC Filing  
3/3/2016Janet D KrasowskiEVPSell1,925$19.17$36,902.25View SEC Filing  
3/2/2016John F KuntzEVPSell10,000$18.84$188,400.00View SEC Filing  
2/22/2016Edward OdonnellDirectorSell2,000$18.80$37,600.00View SEC Filing  
2/22/2016Thomas M LyonsCFOSell10,000$18.80$188,000.00View SEC Filing  
12/10/2015Thomas W. BerryDirectorSell14,000$20.00$280,000.00View SEC Filing  
12/7/2015Frank L. FeketeDirectorSell4,000$20.60$82,400.00View SEC Filing  
12/3/2015Michael A. RaimondeEVPSell20,741$20.73$429,960.93View SEC Filing  
11/25/2015Janet D. KrasowskiEVPSell7,000$20.74$145,180.00View SEC Filing  
11/23/2015James A. ChristySVPSell5,000$20.70$103,500.00View SEC Filing  
11/18/2015Jack NovielliEVPSell3,000$20.51$61,530.00View SEC Filing  
11/10/2015Janet D. KrasowskiEVPSell7,000$20.70$144,900.00View SEC Filing  
9/9/2015Janet D. KrasowskiEVPSell12,277$19.16$235,227.32View SEC Filing  
6/10/2015Jack NovielliEVPSell10,310$18.85$194,343.50View SEC Filing  
6/10/2015James A ChristySVPSell5,000$18.85$94,250.00View SEC Filing  
6/8/2015Jack NovielliEVPSell10,623$18.42$195,675.66View SEC Filing  
6/3/2015Thomas M LyonsCFOSell10,000$18.43$184,300.00View SEC Filing  
5/27/2015Matthew K HardingDirectorBuy1,000$18.10$18,100.00View SEC Filing  
5/15/2015John PuglieseDirectorBuy1,000$18.00$18,000.00View SEC Filing  
3/12/2015Thomas W BerryDirectorBuy1,000$18.38$18,380.00View SEC Filing  
3/10/2015James D NesciEVPSell6,976$18.15$126,614.40View SEC Filing  
8/26/2014Frank L FeketeDirectorSell6,000$17.14$102,840.00View SEC Filing  
8/5/2014Thomas W BerryDirectorBuy1,000$16.64$16,640.00View SEC Filing  
6/5/2014Carlos HernandezDirectorSell6,825$17.85$121,826.25View SEC Filing  
3/6/2014Edward OdonnellDirectorSell17,000$18.98$322,660.00View SEC Filing  
2/7/2014Thomas BerryDirectorBuy1,000$16.62$16,620.00View SEC Filing  
9/13/2013James ChristySVPSell5,000$16.30$81,500.00View SEC Filing  
9/12/2013Thomas BerryDirectorBuy1,000$16.33$16,330.00View SEC Filing  
8/29/2013Frank FeketeDirectorSell2,000$16.52$33,040.00View SEC Filing  
6/13/2013Thomas W BerryDirectorBuy1,000$14.94$14,940.00View SEC Filing  
5/30/2013Frank L FeketeDirectorSell12,000$15.50$186,000.00View SEC Filing  
5/21/2013Jack NovielliEVPSell12,335$15.65$193,042.75View SEC Filing  
2/27/2013Thomas W BerryDirectorBuy1,000$14.74$14,740.00View SEC Filing  
2/26/2013Matthew K HardingDirectorBuy1,000$14.84$14,840.00View SEC Filing  
12/4/2012Thomas W BerryDirectorBuy1,000$14.26$14,260.00View SEC Filing  
9/7/2012Thomas W BerryDirectorBuy1,000$15.82$15,820.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Provident Financial Services (NYSE:PFS)
DateHeadline
News IconSVP, CRO of Provident Bank of Provident Financial Services (NYSE:PFS), Christy James A., sells 10,688 shares worth $224,754 (NYSE:PFS)
empowerednews.net - August 25 at 6:53 PM
finance.yahoo.com logoPROVIDENT FINANCIAL SERVICES INC Financials (NYSE:PFS)
finance.yahoo.com - August 17 at 7:06 PM
News IconDirector of Provident Financial Services (NYSE:PFS), Fekete Frank L, sells 4,559 shares worth $93,078 (NYSE:PFS)
empowerednews.net - August 13 at 6:28 PM
biz.yahoo.com logoPROVIDENT FINANCIAL SERVICES INC Files SEC form 10-Q, Quarterly Report (NYSE:PFS)
biz.yahoo.com - August 9 at 7:03 PM
capitalcube.com logoETF’s with exposure to Provident Financial Services, Inc. : August 8, 2016 (NYSE:PFS)
www.capitalcube.com - August 8 at 7:01 PM
capitalcube.com logoProvident Financial Services, Inc. :PFS-US: Earnings Analysis: Q2, 2016 By the Numbers : August 5, 2016 (NYSE:PFS)
www.capitalcube.com - August 5 at 7:02 PM
finance.yahoo.com logoEdited Transcript of PFS earnings conference call or presentation 29-Jul-16 2:00pm GMT (NYSE:PFS)
finance.yahoo.com - July 29 at 2:55 PM
biz.yahoo.com logoPROVIDENT FINANCIAL SERVICES INC Files SEC form 8-K, Results of Operations and Financial Condition, Regulation FD Dis (NYSE:PFS)
biz.yahoo.com - July 29 at 12:14 PM
feeds.benzinga.com logoProvident Financial Services' Profit Falls 2% (NYSE:PFS)
feeds.benzinga.com - July 29 at 9:50 AM
publicnow.com logoProvident Financial Services, Inc. Announces Second Quarter Earnings and Declares Quarterly Cash Dividend (NYSE:PFS)
www.publicnow.com - July 29 at 8:18 AM
sg.finance.yahoo.com logoProvident Financial posts 2Q profit (NYSE:PFS)
sg.finance.yahoo.com - July 29 at 8:11 AM
finance.yahoo.com logoSavings & Loan Stocks' Q2 Earnings Preview: FNFG, HFBC, PFS (NYSE:PFS)
finance.yahoo.com - July 28 at 8:40 AM
marketwatch.com logoSECURE Energy Services Reports Second Quarter Results (NYSE:PFS)
www.marketwatch.com - July 27 at 7:12 PM
cnbc.com logoCORRECTED-UPDATE 1-Fast growth, dating services come between Sofi and bank license -CEO (NYSE:PFS)
www.cnbc.com - July 27 at 7:12 PM
News IconStudent Transportation Inc. Resets Senior Credit Facility, ?Calls Convertible and Senior Notes with New Issues at Lower Rates, and Extends Maturities (NYSE:PFS)
itbusinessnet.com - July 27 at 7:12 PM
News IconFranklin Financial Network Reschedules Second Quarter 2016 Conference Call Due To Technical Difficulties (NYSE:PFS)
www.broadcastnewsroom.com - July 27 at 7:12 PM
twst.com logoRepublic Services Inc.: Republic Services, Inc. Elects Thomas W. Handley and Jennifer M. Kirk to its Board of Directors (NYSE:PFS)
www.twst.com - July 27 at 7:12 PM
News IconAMDG Financial Joins Aspire Financial Services’ 403(b) Advisor Network (NYSE:PFS)
www.pr.com - July 22 at 9:46 AM
publicnow.com logoSuk W. Chang Joins The Provident Bank as Senior Vice President in Wayne, PA (NYSE:PFS)
www.publicnow.com - July 14 at 1:58 PM
publicnow.com logoThe Provident Bank Opens Metro Philadelphia Commercial Lending Office (NYSE:PFS)
www.publicnow.com - July 14 at 1:58 PM
capitalcube.com logoProvident Financial Services, Inc. breached its 50 day moving average in a Bullish Manner : PFS-US : July 12, 2016 (NYSE:PFS)
www.capitalcube.com - July 12 at 8:38 AM
publicnow.com logoProvident4Women Sponsoring July 9 Sky Blue FC Soccer Game With Discounted Tickets For Provident Bank Customers (NYSE:PFS)
www.publicnow.com - July 5 at 5:11 PM
News IconYour Financial Planner: Posturing in divorce (NYSE:PFS)
www.kansascity.com - July 5 at 11:16 AM
News IconFastFunds Financial Corporation Provides Corporate Activities Update (NYSE:PFS)
www.ssuchronicle.com - July 1 at 6:48 PM
publicnow.com logoProvident Financial Services, Inc. Schedules Second Quarter Earnings Conference Call (NYSE:PFS)
www.publicnow.com - July 1 at 10:21 AM
capitalcube.com logoProvident Financial Services, Inc. breached its 50 day moving average in a Bullish Manner : PFS-US : June 24, 2016 (NYSE:PFS)
www.capitalcube.com - June 24 at 8:41 AM
News IconLexisNexis Special Services Inc. Awarded GSA Schedule Contract to Help Federal Agencies Fight Financial Fraud, Waste and Abuse (NYSE:PFS)
www.officer.com - June 18 at 10:58 AM
sbwire.com logoTurn Invoices Into Cash with Business Factoring Services from Catamount Funding Inc. (NYSE:PFS)
www.sbwire.com - June 14 at 6:35 PM
nasdaq.com logoPFS Makes Notable Cross Below Critical Moving Average (NYSE:PFS)
www.nasdaq.com - June 14 at 11:38 AM
News IconHensarling’s Revolving Door: House Financial Services Committee Staffers Make Investments, Take Junkets in Financial Industry (NYSE:PFS)
www.allgov.com - June 10 at 9:47 AM
publicnow.com logoThe Provident Bank Hosts Glam Night for Valley Youth House Great Beginnings Maternity Group Home in Lehigh Valley (NYSE:PFS)
www.publicnow.com - June 9 at 12:39 PM
marketwired.com logoDragnet Solutions, Inc. Announces Board of Advisors (NYSE:PFS)
www.marketwired.com - June 8 at 7:14 PM
publicnow.com logoMarist High School Students Graduate Provident BFF Program (NYSE:PFS)
www.publicnow.com - June 8 at 4:38 PM
News IconWere Analysts Bullish Hartford Financial Services Group Inc (NYSE:HIG) This Week? (NYSE:PFS)
portalemdia.com - June 7 at 7:00 PM
News IconFinnish Government Leverages PFS to Manage Innovative Prepaid Card Solution for Prisoners (NYSE:PFS)
paymentweek.com - June 7 at 9:33 AM
capitalcube.com logoProvident Financial Services, Inc. breached its 50 day moving average in a Bearish Manner : PFS-US : June 6, 2016 (NYSE:PFS)
www.capitalcube.com - June 6 at 8:20 AM
News IconJacobs awarded contract to provide A-E Services to AFCEC (NYSE:PFS)
www.financial-news.co.uk - June 2 at 7:12 PM
capitalcube.com logoProvident Financial Services, Inc. breached its 50 day moving average in a Bullish Manner : PFS-US : May 25, 2016 (NYSE:PFS)
www.capitalcube.com - May 25 at 8:52 AM
publicnow.com logoThe Provident Bank Names Leonard G. Gleason General Counsel (NYSE:PFS)
www.publicnow.com - April 19 at 9:36 AM
publicnow.com logoProvident Financial Services Named to Forbes’ Best Banks in America List (NYSE:PFS)
www.publicnow.com - April 12 at 12:11 PM
publicnow.com logoProvident Financial Services Named to Forbes' Best Banks in America List (NYSE:PFS)
www.publicnow.com - April 12 at 9:16 AM
capitalcube.com logoProvident Financial Services, Inc. breached its 50 day moving average in a Bullish Manner : PFS-US : March 2, 2016 (NYSE:PFS)
www.capitalcube.com - March 2 at 8:35 AM
biz.yahoo.com logoPROVIDENT FINANCIAL SERVICES INC Files SEC form 10-K, Annual Report (NYSE:PFS)
biz.yahoo.com - February 29 at 11:49 AM
wallstreet.org logoAnalysts at Liberum Capital Maintained their “Sell” rating for Provident Financial PLC (LON:PFG) with GBX 2256.00 TP (NYSE:PFS)
www.wallstreet.org - February 16 at 1:25 PM
News IconBacs Supports FinTech Company PFS to Become the First Non-Bank Entity to Enable Current Account Payment Switching (NYSE:PFS)
www.prnewswire.co.uk - February 11 at 1:05 PM
wallstreet.org logoProvident Financial (LON:PFG) Investors: JP Morgan Cazenove Reiterates Overweight Rating, Sees GBX 3450.00/Share (NYSE:PFS)
www.wallstreet.org - February 9 at 12:42 PM
capitalcube.com logoProvident Financial Services, Inc. Earnings Analysis: 2015 By the Numbers (NYSE:PFS)
www.capitalcube.com - February 4 at 9:13 AM
finance.yahoo.com logoEdited Transcript of PFS earnings conference call or presentation 29-Jan-16 3:00pm GMT (NYSE:PFS)
finance.yahoo.com - January 29 at 1:00 PM
cnbc.com logoProvident Financial beats 4Q profit forecasts (NYSE:PFS)
www.cnbc.com - January 29 at 11:48 AM
biz.yahoo.com logoPROVIDENT FINANCIAL SERVICES INC Files SEC form 8-K, Regulation FD Disclosure (NYSE:PFS)
biz.yahoo.com - January 29 at 11:46 AM

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Provident Financial Services (NYSE:PFS) Chart for Tuesday, August, 30, 2016


Last Updated on 8/30/2016 by MarketBeat.com Staff