PROVIDENT FINANCIAL SERVICES INC(PFS)— Stock Profile, AI Score & Financials
Financials · NYSE · AI-powered stock analysis, 32-signal quality score, SEC EDGAR financials, and institutional holdings. Updated .
PROVIDENT FINANCIAL SERVICES INC (PFS) stock profile, AI quality score, and SEC EDGAR financial data, a Financials sector company. 13F Pro's AI-powered ranking engine scores PFS at 74.2/100 on a 32-signal composite quality model, placing it at rank #116 of 2,960 stocks — the top 5% of the AI-ranked universe. PFS scores in the top quartile across profitability (95.1), free cash flow (90.2), revenue growth (88.9). Based on the latest XBRL financial filings (Q2 2026), PROVIDENT FINANCIAL SERVICES INC reports quarterly revenue of $234.7M, net income of $78.1M, an operating margin of 45.2%. Top institutional holders of PFS by reported 13-F value include BlackRock, VANGUARD PORTFOLIO MANAGEMENT, DIMENSIONAL FUND ADVISORS, based on the most recent SEC filings. PFS trades on the NYSE exchange and files with the SEC under CIK 1178970. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate PFS daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for PROVIDENT FINANCIAL SERVICES INC directly from SEC EDGAR.
AI Quality Score
74.2/100
AI Rank
#116
Revenue
$234.7M
Net Income
$78.1M
Free Cash Flow
$108.6M
Operating Margin
45.2%
PFS key financials by period
PROVIDENT FINANCIAL SERVICES INC reported revenue, net income and margins by fiscal period, from SEC filings.
Period
Form
Revenue
Net income
Operating margin
FY 2025
10-K
$870.4M
$291.2M
46.9%
FY 2024
10-K
$694.7M
$115.5M
21.5%
FY 2023
10-K
$479.3M
$128.4M
36.7%
FY 2022
10-K
$505.3M
$175.6M
47.5%
FY 2021
10-K
$452.8M
$167.9M
50.2%
FY 2020
10-K
$385.0M
$97.0M
33.1%
Institutions holding PFS
Institutional investors reporting a position in PROVIDENT FINANCIAL SERVICES INC on SEC Form 13F.
AI-extracted from the 10-Q filed 2026-08-07 — Q2 FY2026 (quarter ended June 30, 2026). Every figure is machine-verified against the filing text on SEC EDGAR.
Net income increased 8.5% YoY to $78.1M in Q2 2026, driven by net interest margin expansion of 12 basis points and higher non-interest income, though non-performing loans surged to 0.68% of portfolio.
Biggest Revenue Drivers
Net interest income$202.7M+8.3% YoY
Driven by net interest margin expansion of 12 basis points to 3.48%, originations at current market rates, and favorable deposit repricing
Biggest Revenue Drivers
Net interest income$202.7M+8.3% YoY
Driven by net interest margin expansion of 12 basis points to 3.48%, originations at current market rates, and favorable deposit repricing
Largest Expense Items
Compensation and employee benefits$67.3M+6.4% YoY
Increased salary, medical benefits, and stock-based compensation expenses; includes severance costs
Non-interest expense (total)$119.3M+4.0% YoY
Increased compensation, core system conversion costs of $1.5M; partially offset by lower intangible amortization
Margins: Net interest margin expanded 12 basis points to 3.48% YoY as declining deposit costs (down 25 bps on interest-bearing deposits) more than offset a 7 bps decline in loan yields. The margin benefit from favorable deposit repricing and loan originations at current rates outweighed headwinds from lower yielding assets.
Watch Items from the Filing
Provision for credit losses increased to $9.6M in Q2 2026 versus recapture of $2.7M in Q2 2025, driven by loan portfolio growth and higher reserves on individually evaluated loans. Allowance coverage ratio at 92 basis points.
Commercial real estate concentration at 59.6% of loan portfolio ($11.95B) with elevated sensitivity to economic conditions, particularly retail (22.8%), industrial (19.5%) and office (6.3%) sectors. Multi-family represents 34.3% of CRE portfolio.
New Jersey Tax Authority has issued preliminary assessment of ~$14M additional CBT plus ~$7M interest/penalties for 2020-2023; company contests position but continues engagement. Company believes position sustainable based on technical merits.
Uninsured and uncollateralized deposits represent $5.0B (25.6% of deposits), with total uninsured deposits of $10.62B. Brokered deposits increased to $1.27B from $769.6M at year-end.
AI-extracted and verified against SEC EDGAR filing text. Not investment advice.
