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: $21.38
  • 50 Day Moving Average: $21.14
  • 200 Day Moving Average: $20.34
  • 52-Week Range: $17.71 - $21.80
  • Trailing P/E Ratio: 16.01
  • Foreward P/E Ratio: 14.54
  • P/E Growth: 3.12
  • Market Cap: $1.36B
  • Outstanding Shares: 63,553,000
  • Beta: 1.12
  • Net Margins: 24.06%
  • Return on Equity: 7.00%
  • Return on Assets: 0.94%
  • Debt-to-Equity Ratio: 1.38%
  • Current Ratio: 1.10%
  • Quick Ratio: 1.10%
Additional Links:
Companies Related to Provident Financial Services:

Analyst Ratings

Consensus Ratings for Provident Financial Services (NYSE:PFS) (?)
Ratings Breakdown: 2 Hold Ratings, 1 Buy Rating
Consensus Rating:Hold (Score: 2.33)
Consensus Price Target: $21.00 (1.78% downside)

Analysts' Ratings History for Provident Financial Services (NYSE:PFS)
DateFirmActionRatingPrice TargetDetails
9/13/2016Sandler O'NeillDowngradeBuy -> Hold$22.00View Rating Details
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 10/21/2014 forward)


Earnings History for Provident Financial Services (NYSE:PFS)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
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)


Earnings Estimates for Provident Financial Services (NYSE:PFS)
Current Year EPS Consensus Estimate: $1.37 EPS
Next Year EPS Consensus Estimate: $1.47 EPS


Current Dividend Information for Provident Financial Services (NYSE:PFS)
Annual Dividend:$0.72
Dividend Yield:3.37%
Dividend Growth:8.40% (3 Year Average)
Payout Ratio:53.73% (Based on Trailing 12 Months of Earnings)
52.55% (Based on Current Year Consensus EPS Estimate)
48.98% (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
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Provident Financial Services (NYSE:PFS)
Insider Ownership Percentage: 3.30%
Institutional Ownership Percentage: 61.23%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
9/2/2016John F KuntzEVPSell10,698$21.54$230,434.92View SEC Filing  
8/31/2016Donald W BlumEVPSell14,040$21.49$301,719.60View SEC Filing  
8/30/2016Jack NovielliEVPSell15,593$21.48$334,937.64View SEC Filing  
8/29/2016Christopher P MartinChairmanSell27,267$21.31$581,059.77View SEC Filing  
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)


Latest Headlines for Provident Financial Services (NYSE:PFS)
News IconBroker Roundup For Provident Financial Services, Inc (NYSE:PFS) (NYSE:PFS) - October 19 at 3:18 PM logoProvident Financial Services, Inc. : PFS-US: Dividend Analysis : August 15th, 2016 (record date) : By the numbers : October 17, 2016 (NYSE:PFS) - October 17 at 6:39 PM logoProvident Financial Services, Inc. breached its 50 day moving average in a Bearish Manner : PFS-US : October 14, 2016 (NYSE:PFS) - October 14 at 10:00 AM
News IconLatest Analyst Ratings For Provident Financial Services, Inc (NYSE:PFS) (NYSE:PFS) - October 5 at 11:59 AM logoProvident Financial Services, Inc. Schedules Third Quarter Earnings Conference Call (NYSE:PFS) - October 3 at 11:23 AM logoProvident Financial Services, Inc. breached its 50 day moving average in a Bullish Manner : PFS-US : October 3, 2016 (NYSE:PFS) - October 3 at 11:23 AM logoPROVIDENT FINANCIAL SERVICES INC Files SEC form 8-K, Change in Directors or Principal Officers, Financial Statements (NYSE:PFS) - September 27 at 11:21 AM logoProvident Financial Services, Inc. and The Provident Bank Name Robert Adamo to the Board of Directors (NYSE:PFS) - September 26 at 11:34 AM logoProvident Financial Services : The Provident Bank Interns Support Local Non-Profits in Edison, New Jersey (NYSE:PFS) - September 19 at 11:16 AM logoThe Provident Bank Interns Support Local Non-Profits in Edison, New Jersey (NYSE:PFS) - September 19 at 11:16 AM logoJohn M. Swadba Joins Provident Bank as Senior Vice President and Credit Risk Manager (NYSE:PFS) - September 19 at 11:16 AM logoProvident Finl downgraded by Sandler O'Neill (NYSE:PFS) - September 14 at 11:03 AM
News IconProvident Financial Services, Inc (NYSE:PFS) From The Analysts Point of View (NYSE:PFS) - September 10 at 6:00 PM logoJennifer Gordon Joins Provident Bank as Banking Center Supervisor (NYSE:PFS) - September 8 at 6:30 PM
News IconEVP and CIO of Provident Bank of Provident Financial Services (NYSE:PFS), Novielli Jack, sells 5,500 shares worth $118,183 (NYSE:PFS) - September 7 at 10:19 AM logoChristine Carpenter Joins Provident Bank as Vice President and Commercial Real Estate Relationship Manager (NYSE:PFS) - September 6 at 6:54 PM
News IconSVP, CRO of Provident Bank of Provident Financial Services (NYSE:PFS), Christy James A., sells 10,688 shares worth $224,754 (NYSE:PFS) - August 25 at 6:53 PM logoPROVIDENT FINANCIAL SERVICES INC Financials (NYSE:PFS) - 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) - August 13 at 6:28 PM logoPROVIDENT FINANCIAL SERVICES INC Files SEC form 10-Q, Quarterly Report (NYSE:PFS) - August 9 at 7:03 PM logoETF’s with exposure to Provident Financial Services, Inc. : August 8, 2016 (NYSE:PFS) - August 8 at 7:01 PM logoProvident Financial Services, Inc. :PFS-US: Earnings Analysis: Q2, 2016 By the Numbers : August 5, 2016 (NYSE:PFS) - August 5 at 7:02 PM logoEdited Transcript of PFS earnings conference call or presentation 29-Jul-16 2:00pm GMT (NYSE:PFS) - July 29 at 2:55 PM logoPROVIDENT FINANCIAL SERVICES INC Files SEC form 8-K, Results of Operations and Financial Condition, Regulation FD Dis (NYSE:PFS) - July 29 at 12:14 PM logoProvident Financial Services' Profit Falls 2% (NYSE:PFS) - July 29 at 9:50 AM logoProvident Financial Services, Inc. Announces Second Quarter Earnings and Declares Quarterly Cash Dividend (NYSE:PFS) - July 29 at 8:18 AM logoProvident Financial posts 2Q profit (NYSE:PFS) - July 29 at 8:11 AM logoSavings & Loan Stocks' Q2 Earnings Preview: FNFG, HFBC, PFS (NYSE:PFS) - July 28 at 8:40 AM logoSECURE Energy Services Reports Second Quarter Results (NYSE:PFS) - July 27 at 7:12 PM logoCORRECTED-UPDATE 1-Fast growth, dating services come between Sofi and bank license -CEO (NYSE:PFS) - 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) - July 27 at 7:12 PM
News IconFranklin Financial Network Reschedules Second Quarter 2016 Conference Call Due To Technical Difficulties (NYSE:PFS) - July 27 at 7:12 PM logoRepublic Services Inc.: Republic Services, Inc. Elects Thomas W. Handley and Jennifer M. Kirk to its Board of Directors (NYSE:PFS) - July 27 at 7:12 PM
News IconAMDG Financial Joins Aspire Financial Services’ 403(b) Advisor Network (NYSE:PFS) - July 22 at 9:46 AM logoSuk W. Chang Joins The Provident Bank as Senior Vice President in Wayne, PA (NYSE:PFS) - July 14 at 1:58 PM logoThe Provident Bank Opens Metro Philadelphia Commercial Lending Office (NYSE:PFS) - July 14 at 1:58 PM logoProvident Financial Services, Inc. breached its 50 day moving average in a Bullish Manner : PFS-US : July 12, 2016 (NYSE:PFS) - July 12 at 8:38 AM logoProvident4Women Sponsoring July 9 Sky Blue FC Soccer Game With Discounted Tickets For Provident Bank Customers (NYSE:PFS) - July 5 at 5:11 PM
News IconYour Financial Planner: Posturing in divorce (NYSE:PFS) - July 5 at 11:16 AM
News IconFastFunds Financial Corporation Provides Corporate Activities Update (NYSE:PFS) - July 1 at 6:48 PM logoProvident Financial Services, Inc. Schedules Second Quarter Earnings Conference Call (NYSE:PFS) - July 1 at 10:21 AM logoProvident Financial Services, Inc. breached its 50 day moving average in a Bullish Manner : PFS-US : June 24, 2016 (NYSE:PFS) - 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) - June 18 at 10:58 AM logoTurn Invoices Into Cash with Business Factoring Services from Catamount Funding Inc. (NYSE:PFS) - June 14 at 6:35 PM logoPFS Makes Notable Cross Below Critical Moving Average (NYSE:PFS) - 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) - June 10 at 9:47 AM logoThe Provident Bank Hosts Glam Night for Valley Youth House Great Beginnings Maternity Group Home in Lehigh Valley (NYSE:PFS) - June 9 at 12:39 PM logoDragnet Solutions, Inc. Announces Board of Advisors (NYSE:PFS) - June 8 at 7:14 PM logoMarist High School Students Graduate Provident BFF Program (NYSE:PFS) - June 8 at 4:38 PM
News IconWere Analysts Bullish Hartford Financial Services Group Inc (NYSE:HIG) This Week? (NYSE:PFS) - June 7 at 7:00 PM


Provident Financial Services (NYSE:PFS) Chart for Friday, October, 21, 2016

Last Updated on 10/21/2016 by Staff