Provident Financial Services (PFS) Expected to Post Quarterly Earnings on Wednesday

Provident Financial Services (NYSE:PFS) is projected to issue its Q2 2026 results before the market opens on Wednesday, July 29th. Analysts expect the company to announce earnings of $0.56 per share and revenue of $225.5740 million for the quarter. Interested persons can find conference call details on the company’s upcoming Q2 2026 earning summary page for the latest details on the call scheduled for Thursday, July 30, 2026 at 10:00 AM ET.

Provident Financial Services (NYSE:PFS) last announced its quarterly earnings data on Thursday, April 30th. The savings and loans company reported $0.61 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.55 by $0.06. Provident Financial Services had a net margin of 21.95% and a return on equity of 10.98%. The company had revenue of $225.20 million during the quarter, compared to analysts’ expectations of $225.62 million. During the same quarter in the prior year, the company earned $0.49 EPS. Provident Financial Services’s revenue was up 7.9% compared to the same quarter last year. On average, analysts expect Provident Financial Services to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Provident Financial Services Trading Down 0.2%

PFS opened at $23.84 on Tuesday. The company has a debt-to-equity ratio of 1.03, a current ratio of 1.04 and a quick ratio of 1.04. The company’s 50 day simple moving average is $23.08 and its two-hundred day simple moving average is $22.18. Provident Financial Services has a 1-year low of $17.61 and a 1-year high of $24.56. The firm has a market capitalization of $3.11 billion, a price-to-earnings ratio of 10.14 and a beta of 0.78.

Provident Financial Services Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, May 29th. Stockholders of record on Friday, May 15th were given a $0.24 dividend. The ex-dividend date was Friday, May 15th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 4.0%. Provident Financial Services’s dividend payout ratio is 40.85%.

Insider Activity

In other Provident Financial Services news, CEO George Lista sold 2,556 shares of Provident Financial Services stock in a transaction dated Friday, May 8th. The stock was sold at an average price of $22.40, for a total value of $57,254.40. Following the completion of the transaction, the chief executive officer directly owned 109,262 shares of the company’s stock, valued at $2,447,468.80. The trade was a 2.29% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Corporate insiders own 3.02% of the company’s stock.

Hedge Funds Weigh In On Provident Financial Services

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Russell Investments Group Ltd. grew its stake in shares of Provident Financial Services by 1.0% in the fourth quarter. Russell Investments Group Ltd. now owns 45,333 shares of the savings and loans company’s stock worth $895,000 after acquiring an additional 456 shares in the last quarter. State of Wyoming raised its position in Provident Financial Services by 10.6% in the 4th quarter. State of Wyoming now owns 10,771 shares of the savings and loans company’s stock valued at $213,000 after purchasing an additional 1,031 shares in the last quarter. EP Wealth Advisors LLC boosted its stake in shares of Provident Financial Services by 4.7% in the 2nd quarter. EP Wealth Advisors LLC now owns 24,997 shares of the savings and loans company’s stock valued at $438,000 after buying an additional 1,123 shares during the period. Glenmede Investment Management LP boosted its stake in shares of Provident Financial Services by 8.1% in the 3rd quarter. Glenmede Investment Management LP now owns 15,784 shares of the savings and loans company’s stock valued at $304,000 after buying an additional 1,187 shares during the period. Finally, EverSource Wealth Advisors LLC boosted its stake in shares of Provident Financial Services by 358.0% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,548 shares of the savings and loans company’s stock valued at $27,000 after buying an additional 1,210 shares during the period. Hedge funds and other institutional investors own 71.97% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on PFS shares. Raymond James Financial increased their price target on Provident Financial Services from $25.00 to $27.00 and gave the company a “strong-buy” rating in a report on Wednesday, July 1st. Weiss Ratings raised Provident Financial Services from a “buy (b-)” rating to a “buy (b)” rating in a research note on Friday, May 1st. Stephens began coverage on Provident Financial Services in a report on Monday, June 8th. They issued an “equal weight” rating and a $24.00 target price for the company. Keefe, Bruyette & Woods raised their target price on Provident Financial Services from $25.00 to $26.00 and gave the stock an “outperform” rating in a research note on Friday, May 1st. Finally, DA Davidson reiterated a “neutral” rating and set a $23.00 price target on shares of Provident Financial Services in a report on Friday, May 1st. Two analysts have rated the stock with a Strong Buy rating, two have given a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Provident Financial Services presently has an average rating of “Moderate Buy” and a consensus price target of $25.00.

About Provident Financial Services

Provident Financial Services, Inc is the bank holding company for Provident Bank, a regional commercial bank headquartered in Jersey City, New Jersey. The company operates a network of full-service branches across New Jersey, the New York metropolitan area and eastern Pennsylvania, offering a range of personal and business banking solutions.

Its core products and services include checking and savings accounts, consumer and residential mortgage loans, commercial real estate financing and small-business lending.