CA
NZ
UK
AU
IND
US
…
Provident Financial Services, Inc. operates as the bank holding company for Provident Bank that provides various banking products and services to individuals, families, and businesses in the United States. Its deposit products include savings, checking, interest-bearing checking, money market deposit, and certificate of deposit accounts, as well as IRA products. The company's loan portfolio comprises commercial real estate loans that are secured by properties, such as multi-family apartment buildings, office buildings, and retail and industrial properties; commercial business loans; fixed-rate and adjustable-rate mortgage loans collateralized by one- to four-family residential real estate properties; commercial construction loans; and consumer loans consisting of home equity loans, home equity lines of credit, marine loans, personal loans and unsecured lines of credit, and auto and recreational vehicle loans. It also offers cash management, remote deposit capture, payroll origination, escrow account management, and online and mobile banking services; and business credit cards. In addition, the company provides wealth management services comprising investment management, trust and estate administration, financial planning, tax compliance and planning, and private banking. Further, it sells insurance and investment products, including annuities; operates as a real estate investment trust for acquiring mortgage loans and other real estate related assets; and manages and sells real estate properties acquired through foreclosure. The company was founded in 1839 and is headquartered in Jersey City, New Jersey.
Source: TradingView
The charts and visual representations are sourced from TradingView through embedded widgets. For any issues with chart display, please visit the TradingView website
A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.
Provident Financial Services is the holding company for Provident Bank, a regional bank serving the New Jersey–New York area with deposits, lending, mortgages and wealth services. Growth could be supported by regional loan and deposit expansion, higher net interest margins when rates rise, and fee income from mortgage and wealth offerings, which may appeal to investors seeking diversified regional bank exposure.
Key risks include regional concentration with commercial real-estate exposure, interest-rate and deposit-cost sensitivity, and competitive and regulatory pressures; investors should monitor asset quality and funding costs.
Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.
| Breakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
| Income before tax | 240.11M | 227.12M | 127.55M | 147.09M | 143.92M |
| Net income | 175.65M | 167.92M | 96.95M | 112.63M | 118.39M |
| Selling general administrative | 152.40M | 149.63M | 133.98M | 118.17M | 114.98M |
| Selling and marketing expenses | 5.19M | 3.95M | 4.40M | 4.12M | 3.84M |
| Gross profit | 462.31M | 414.22M | 348.81M | 327.94M | 328.28M |
| Reconciled depreciation | 3.29M | 3.66M | 20.02M | 18.83M | 10.10M |
| Ebit | 288.74M | 227.12M | 127.55M | 147.09M | 211.04M |
| Ebitda | 292.03M | 230.78M | 130.98M | 149.83M | 213.17M |
| Depreciation and amortization | 3.29M | 3.66M | 3.42M | 2.74M | 2.13M |
| Operating income | 288.74M | 227.12M | 127.55M | 147.09M | 203.07M |
| Other operating expenses | 5.19M | -225.71M | -257.45M | -214.68M | 156.28M |
| Interest expense | 48.63M | 36.32M | 50.74M | 73.50M | 59.15M |
| Tax provision | 64.46M | 59.20M | 30.60M | 34.45M | 25.53M |
| Interest income | 466.18M | 402.34M | 363.31M | 371.47M | 359.83M |
| Net interest income | 417.55M | 366.02M | 312.57M | 297.97M | 300.68M |
| Income tax expense | 64.46M | 59.20M | 30.60M | 34.45M | 25.53M |
| Total revenue | 505.34M | 452.83M | 385.00M | 361.77M | 359.35M |
| Total operating expenses | 5.19M | -225.71M | -257.45M | -214.68M | -156.28M |
| Cost of revenue | 43.03M | 38.61M | 36.20M | 33.83M | 31.07M |
| Total other income expense net | -48.63M | -132.66M | -195.16M | -186.44M | -59.15M |
| Net income from continuing ops | 175.65M | 167.92M | 96.95M | 181.54M | 118.39M |
| Net income applicable to common shares | 175.65M | 167.92M | 96.95M | 112.63M | 118.39M |
| Breakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
| Total assets | 13783.44M | 13781.20M | 12919.74M | 9808.58M | 9725.77M |
| Intangible assets | 17.27M | 19.76M | 23.21M | 437.02M | 418.18M |
| Earning assets | - | 2735.81M | 1744.91M | 1583.17M | 1684.05M |
| Other current assets | -1803.55M | 7928.83M | 9135.87M | 6692.28M | 6469.11M |
| Total liab | 12185.73M | 637.06M | 1201.11M | 1125.15M | 8366.79M |
| Total stockholder equity | 1597.70M | 1697.10M | 1619.80M | 1413.84M | 1358.98M |
| Other current liab | 10563.02M | 11234.01M | 1368.03M | 8394.74M | 8366.79M |
| Common stock | 0.83M | 0.83M | 0.83M | 0.83M | 0.83M |
| Capital stock | 0.83M | 0.83M | 0.83M | 0.83M | 0.83M |
| Retained earnings | 918.16M | 814.53M | 718.09M | 695.27M | 651.10M |
| Other liab | 89.08M | 213.04M | 261.01M | 84.81M | 79.62M |
| Good will | 443.62M | 444.42M | 443.00M | 420.56M | 411.60M |
| Other assets | 9008.17M | 7928.83M | 9135.87M | 6692.28M | 11745.21M |
| Cash | 186.51M | 712.46M | 532.35M | 186.75M | 142.66M |
| Total current liabilities | 10563.02M | 436.15M | 1556.45M | 8394.74M | 8366.79M |
| Net debt | 1161.36M | -75.41M | 668.75M | 938.40M | 1299.62M |
| Short term debt | - | 436.15M | 188.42M | 549.91M | 121.32M |
| Short long term debt | - | - | - | 549.91M | 121.32M |
| Short long term debt total | 1347.86M | 637.06M | 1201.11M | 1125.15M | 1442.28M |
| Other stockholder equity | 843.76M | 874.87M | 883.22M | 713.91M | 719.38M |
| Property plant equipment | 79.79M | 80.56M | 75.95M | 55.21M | 58.12M |
| Total current assets | 2041.96M | 2812.30M | 1684.29M | 1192.70M | 7706.33M |
| Long term investments | 2192.62M | 2495.33M | 11277.88M | 8707.91M | 8737.53M |
| Net tangible assets | 1136.81M | 1232.91M | 1153.59M | 976.82M | 940.80M |
| Short term investments | 1803.55M | 2057.85M | 1105.49M | 976.92M | 1063.08M |
| Net receivables | 51.90M | 41.99M | 46.45M | 29.03M | 31.48M |
| Long term debt | 1347.86M | 637.06M | 1175.97M | 1125.15M | 1442.28M |
| Inventory | 2.12M | 8.73M | 4.47M | 2.71M | 1.56M |
| Accounts payable | 10563.02M | 11234.01M | 9837.83M | 7102.61M | 6830.12M |
| Accumulated other comprehensive income | -165.04M | 6.86M | 17.66M | 3.82M | -12.34M |
| Common stock total equity | 0.83M | 0.83M | 0.83M | 0.83M | 0.83M |
| Retained earnings total equity | 918.16M | 814.53M | 718.09M | 695.27M | 651.10M |
| Treasury stock | -127.15M | -79.60M | -59.02M | -268.50M | -272.47M |
| Non currrent assets other | -2733.30M | -3040.07M | -2099.58M | -1923.60M | 6469.11M |
| Non current assets total | 2733.30M | 3040.07M | 2099.58M | 1923.60M | 2019.44M |
| Long term debt total | 1347.86M | 637.06M | 1175.97M | 1125.15M | 1442.28M |
| Breakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
| Investments | -655.30M | -985.33M | -580.72M | 60.88M | -31.50M |
| Change to liabilities | 60.54M | -48.11M | 59.88M | 25.31M | 4.82M |
| Total cashflows from investing activities | -647.56M | -717.94M | -507.98M | 42.87M | 46.70M |
| Net borrowings | 710.60M | -564.20M | -150.76M | -317.14M | -300.23M |
| Total cash from financing activities | -78.70M | 739.86M | 746.68M | -135.71M | -250.60M |
| Change to operating activities | -18.04M | -85.52M | -134.34M | -37.14M | -25.96M |
| Net income | 175.65M | 167.92M | 96.95M | 112.63M | 118.39M |
| Change in cash | -498.73M | 180.11M | 345.61M | 44.09M | -48.17M |
| Begin period cash flow | 685.16M | 532.35M | 186.75M | 142.66M | 190.83M |
| End period cash flow | 186.44M | 712.46M | 532.35M | 186.75M | 142.66M |
| Total cash from operating activities | 200.31M | 158.18M | 106.91M | 136.93M | 155.72M |
| Issuance of capital stock | 0.00M | 0.00M | 0.45M | 2.23M | 1.71M |
| Depreciation | 23.69M | 22.73M | 20.02M | 18.83M | 10.10M |
| Other cashflows from investing activities | 17.15M | 33.16M | 85.56M | -13.13M | 1.98M |
| Dividends paid | -72.02M | -71.48M | -65.82M | -72.81M | 53.60M |
| Change to account receivables | -9.91M | 4.46M | 8.47M | 2.44M | -1.83M |
| Sale purchase of stock | -46.53M | -20.71M | -21.16M | -19.87M | -13.17M |
| Other cashflows from financing activities | 3129.42M | 2279.07M | 3413.97M | 1504.29M | 618.85M |
| Change to netincome | -16.49M | 48.59M | 4.86M | 2.83M | -6.15M |
| Capital expenditures | 9.41M | 13.80M | 12.82M | 4.88M | 3.16M |
| Change receivables | -9.91M | 4.46M | 8.47M | 2.44M | -1.83M |
| Cash flows other operating | -35.49M | 32.94M | -85.36M | -25.33M | 20.96M |
| Cash and cash equivalents changes | -525.96M | 180.11M | 345.61M | 44.09M | -48.17M |
| Change in working capital | -5.66M | -33.39M | -38.46M | -18.48M | 8.25M |
| Stock based compensation | 13.74M | 9.97M | 7.92M | 11.38M | 10.75M |
| Other non cash items | -9.34M | -21.46M | 28.40M | 10.89M | 26.77M |
| Free cash flow | 190.90M | 144.38M | 94.09M | 132.04M | 152.56M |
Sector: Financial Services Industry: Banks - Regional
|
Stock Name
|
Change
(USD) |
Price
(USD) |
Trailing
PE (x) |
Forward
PE (x) |
Price Sales
TTM (x) |
Price to Book Value (x)
|
|---|---|---|---|---|---|---|
| PFS Provident Financial Services Inc |
0.02 0.09% |
22.96 | 9.10 | 8.77 | 2.91 | 0.84 |
| DBSDY DBS Group Holdings Ltd ADR |
-6.82 3.06% |
215.88 | 20.00 | 17.57 | 7.54 | 3.17 |
| CIHHF China Merchants Bank Co Ltd Class H |
- -% |
6.66 | 7.70 | 7.10 | 0.55 | 0.83 |
| CIHKY China Merchants Bank Co Ltd |
0.02 0.06% |
34.57 | 7.79 | 7.20 | 0.55 | 0.85 |
| UNCFF UniCredit SpA |
-0.81 0.94% |
85.79 | 11.53 | 10.27 | 5.72 | 1.83 |
Provident Financial Services, Inc. operates as the bank holding company for Provident Bank that provides various banking products and services to individuals, families, and businesses in the United States. Its deposit products include savings, checking, interest-bearing checking, money market deposit, and certificate of deposit accounts, as well as IRA products. The company's loan portfolio comprises commercial real estate loans that are secured by properties, such as multi-family apartment buildings, office buildings, and retail and industrial properties; commercial business loans; fixed-rate and adjustable-rate mortgage loans collateralized by one- to four-family residential real estate properties; commercial construction loans; and consumer loans consisting of home equity loans, home equity lines of credit, marine loans, personal loans and unsecured lines of credit, and auto and recreational vehicle loans. It also offers cash management, remote deposit capture, payroll origination, escrow account management, and online and mobile banking services; and business credit cards. In addition, the company provides wealth management services comprising investment management, trust and estate administration, financial planning, tax compliance and planning, and private banking. Further, it sells insurance and investment products, including annuities; operates as a real estate investment trust for acquiring mortgage loans and other real estate related assets; and manages and sells real estate properties acquired through foreclosure. The company was founded in 1839 and is headquartered in Jersey City, New Jersey.
239 Washington Street, Jersey City, NJ, United States, 07302
732 590 9200
1124
| Name | Title | Year Born |
|---|---|---|
| Mr. Christopher P. Martin | Exec. Chairman | 1956 |
| Mr. Anthony J. Labozzetta | Pres, CEO & Director | 1964 |
| Mr. Thomas M. Lyons CPA | Sr. EVP & CFO | 1964 |
| Mr. John F. Kuntz Esq. | Sr. EVP, Gen. Counsel & Corp. Sec. | 1955 |
| Ms. Valerie O. Murray CFP | Exec. VP & Chief Wealth Management Officer of Provident Bank | 1975 |
| Adriano M. Duarte | Sr. VP & Investor Relations Officer | NA |
| Mr. Robert G. Capozzoli | Sr. VP & Chief Marketing Officer | 1971 |
| Mr. Brian Giovinazzi | Exec. VP & Chief Credit Officer of the Provident Bank | 1954 |
| Mr. Frank S. Muzio CPA | Exec. VP & Chief Accounting Officer of Provident Bank | 1953 |
| Mr. James A. Christy | Exec. VP & Chief Risk Officer of Provident Bank | 1967 |
Disclaimer - (*)This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on an ‘as is’ basis, using their API. We cannot guarantee the completeness or validity of the information and data provided on this page, as well as via the API. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general information purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine is not liable for any errors or omissions in the information provided or for any actions taken in reliance on it. You should seek advice from a financial adviser, stockbroker or other professional adviser (including taxation and legal advice) as necessary before acting on this information.
Download a free report with stock ideas and industry insights for general information.
Download Free Report Now →
Basic Materials
+0.61%
Communication Services
-0.21%
Consumer Cyclical
-0.26%
Consumer Defensive
-0.37%
Energy
+0.23%
Financial Services
-0.43%
Financials
+0.39%
Healthcare
+0.88%
Industrials
+0.36%
Real Estate
-0.51%
Technology
+1.35%
Utilities
+0.19%
Note: Daily price change (%) by sector excluding stocks with +/-90% daily price change. Companies above $500 million market capitalization are considered.
Portfolio
Watchlist
Please wait processing your request...