Provident Financial Services (PFS) to Announce Quarterly Earnings on Wednesday

Provident Financial Services (NYSE:PFS) is expected to release its Q2 2026 results after the market closes on Wednesday, July 29th. Analysts expect Provident Financial Services to announce earnings of $0.56 per share and revenue of $225.5740 million for the quarter. Investors may review the information on the company’s upcoming Q2 2026 earning report 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 posted its quarterly earnings results on Thursday, April 30th. The savings and loans company reported $0.61 earnings per share for the quarter, topping the consensus estimate of $0.55 by $0.06. Provident Financial Services had a return on equity of 10.98% and a net margin of 21.95%.The company had revenue of $225.20 million for the quarter, compared to the consensus estimate of $225.62 million. During the same quarter in the prior year, the business posted $0.49 EPS. The firm’s quarterly 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 Up 0.5%

Provident Financial Services stock opened at $24.02 on Wednesday. Provident Financial Services has a 12 month low of $17.61 and a 12 month high of $24.56. The company has a market capitalization of $3.13 billion, a price-to-earnings ratio of 10.22 and a beta of 0.78. The business’s fifty day simple moving average is $22.91 and its two-hundred day simple moving average is $22.07. The company has a current ratio of 1.04, a quick ratio of 1.04 and a debt-to-equity ratio of 1.03.

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. This represents a $0.96 annualized dividend and a dividend yield of 4.0%. The ex-dividend date of this dividend was Friday, May 15th. Provident Financial Services’s payout ratio is currently 40.85%.

Insider Activity at Provident Financial Services

In other news, CEO George Lista sold 2,556 shares of the company’s stock in a transaction dated Friday, May 8th. The shares were sold at an average price of $22.40, for a total transaction of $57,254.40. Following the completion of the sale, the chief executive officer owned 109,262 shares of the company’s stock, valued at $2,447,468.80. This represents a 2.29% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 3.02% of the stock is owned by insiders.

Institutional Trading of Provident Financial Services

Several large investors have recently added to or reduced their stakes in the business. Dimensional Fund Advisors LP grew its position in Provident Financial Services by 1.6% during the fourth quarter. Dimensional Fund Advisors LP now owns 7,814,194 shares of the savings and loans company’s stock valued at $154,331,000 after buying an additional 125,104 shares during the period. State Street Corp raised its position in Provident Financial Services by 0.6% in the fourth quarter. State Street Corp now owns 7,046,392 shares of the savings and loans company’s stock worth $139,166,000 after acquiring an additional 41,961 shares during the period. Wellington Management Group LLP raised its position in Provident Financial Services by 5.5% in the fourth quarter. Wellington Management Group LLP now owns 6,710,987 shares of the savings and loans company’s stock worth $132,542,000 after acquiring an additional 351,889 shares during the period. Bank of New York Mellon Corp boosted its stake in shares of Provident Financial Services by 15.9% during the 4th quarter. Bank of New York Mellon Corp now owns 1,578,302 shares of the savings and loans company’s stock worth $31,171,000 after acquiring an additional 216,567 shares during the last quarter. Finally, Goldman Sachs Group Inc. boosted its stake in shares of Provident Financial Services by 38.1% during the 4th quarter. Goldman Sachs Group Inc. now owns 1,239,628 shares of the savings and loans company’s stock worth $24,483,000 after acquiring an additional 342,301 shares during the last quarter. 71.97% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several analysts recently commented on the stock. Weiss Ratings raised shares of Provident Financial Services from a “buy (b-)” rating to a “buy (b)” rating in a research report on Friday, May 1st. DA Davidson reissued a “neutral” rating and set a $23.00 price target on shares of Provident Financial Services in a research report on Friday, May 1st. Stephens started coverage on shares of Provident Financial Services in a report on Monday, June 8th. They issued an “equal weight” rating and a $24.00 price objective for the company. Raymond James Financial lifted their target price on Provident Financial Services from $25.00 to $27.00 and gave the stock a “strong-buy” rating in a report on Wednesday, July 1st. Finally, Keefe, Bruyette & Woods lifted their price objective on Provident Financial Services from $25.00 to $26.00 and gave the stock an “outperform” rating in a report on Friday, May 1st. Two analysts have rated the stock with a Strong Buy rating, three have given a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Provident Financial Services has a consensus rating of “Moderate Buy” and an average price target of $24.79.

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.