Welcome to our dedicated page for Provident Finl news (Ticker: PFS), a resource for investors and traders seeking the latest updates and insights on Provident Finl stock.
Provident Financial Services, Inc. reports developments tied to its role as the holding company for Provident Bank, a community-focused financial institution serving New Jersey, eastern Pennsylvania, and parts of New York. The bank provides commercial and consumer banking, digital banking, branch-based services, fiduciary and wealth management services through Beacon Trust Company, and insurance services through Provident Protection Plus, Inc.
Recurring news includes quarterly earnings, net interest income, loan and deposit trends, credit quality, noninterest revenue, and capital returns through common-stock dividends. Company updates also cover middle market and asset-based lending activity, wealth management staffing and advisory capabilities, investor relations, and other operating changes across the banking, wealth, and insurance businesses.
Provident Financial Services (NYSE:PFS) and Provident Bank announced the promotion of Diane Gigliotti to Senior Vice President, Chief Accounting Officer. She previously served as the Bank’s Controller and will report to Executive Vice President and Chief Financial Officer Adriano Duarte.
Gigliotti will oversee accounting policy, financial and regulatory reporting, internal controls, tax oversight, and accounting operations for the Company and the Bank, and act as a strategic advisor on complex accounting matters. She brings over 20 years of experience at BBVA, Merrill Lynch, and PwC, and is a CPA with degrees from NYU Stern and Rutgers.
Provident Financial Services (NYSE:PFS) appointed Michael E. Regan to the boards of the Company and Provident Bank, effective July 30, 2026. According to the Company, Regan is a veteran financial regulatory executive with over 35 years of FDIC experience overseeing safety, soundness, governance, and risk management across community, regional, and complex institutions.
As a Senior Bank Examiner at the FDIC, he led safety and soundness examinations for banks from $100 million to over $100 billion in assets, advised boards on governance and enterprise risk, and reviewed merger and acquisition applications. He holds a B.S. in Finance from Rider University.
Provident Financial Services (NYSE:PFS) announced that its Board of Directors has declared a quarterly cash dividend of $0.24 per common share. The dividend is payable on August 28, 2026 to stockholders of record as of the close of business on August 14, 2026.
Provident Financial Services (NYSE:PFS) reported second-quarter 2026 net income of $78.1 million, or $0.60 per share, versus $79.4 million ($0.61) in Q1 2026 and $72.0 million ($0.55) in Q2 2025. Core net income was $79.9 million, or $0.61 per share. For the first half of 2026, net income was $157.6 million, or $1.21 per share, up from $136.0 million ($1.04) a year earlier. Core PPNR reached $117.8 million, with core PPNR ROAA of 1.87%. Net interest margin improved to 3.48%, core NIM to 3.09%, and non-interest income rose to a record $32.0 million. Total assets were $25.66 billion, loans $20.05 billion, and deposits $19.55 billion. Tangible book value per share increased to $16.42, the tangible common equity ratio to 8.60%, while non-performing loans were 0.68% of total loans and annualized net charge-offs were 0.04%.
Provident Bank (NYSE:PFS) awarded $50,000 in grants to 6 non-profit organizations through the Federal Home Loan Bank of New York’s Small Business Recovery Grant (SBRG) Program. The grants, up to $10,000 each, support small businesses and nonprofits facing challenges from rates, inflation, supply-chain issues, and energy costs.
Provident Bank (NYSE:PFS) announced the appointment of Anthony Petrazzuoli as Senior Vice President, Deposit & Payments Operations Director, effective July 15, 2026. He will oversee deposit account operations, payment and item processing, reconciliation, ATM operations, and debit card operations.
According to Provident Bank, Petrazzuoli will focus on operational excellence, customer and employee experience, regulatory compliance, and modernizing and scaling the bank’s operational capabilities. He brings more than 25 years of banking and financial services experience, most recently overseeing a $13 billion deposit portfolio at M&T Bank, and has held senior roles at People’s United Bank. He holds an MBA, a business administration bachelor’s degree, is a graduate of the National Graduate School of Banking, and has the AAMS designation.
Provident Financial Services (NYSE:PFS) plans to release second quarter 2026 results for the period ended June 30, 2026, after market close on July 29, 2026.
A conference call to discuss Q2 2026 results is scheduled for July 30, 2026 at 10:00 a.m. ET, with phone and webcast access available. As of March 31, 2026, the company reported $25.2 billion in assets.
Provident Financial Services (NYSE:PFS) named Adriano Duarte Executive Vice President and Chief Financial Officer of Provident Bank and Provident Financial Services, effective July 1, 2026. He will oversee all finance functions, advise leadership and the board, and support strategy, capital management, and long-term value creation.
Provident Bank (PFS) announced it has awarded $1 million in grants to ten New Jersey non-profit organizations through the state’s Neighborhood Revitalization Tax Credit (NRTC) Program for fiscal 2026.
Funds will support housing, economic development, entrepreneurship, job training, social services, recreation, and open space in distressed neighborhoods.
Provident Bank (NYSE:PFS) appointed Annamaria Vitelli as Executive Vice President, Chief Wealth Officer of Provident Bank and President of Beacon Trust, effective immediately (June 4, 2026).
She will lead strategic growth of the wealth management business, oversee investment, trust and fiduciary services, and join the Executive Leadership Team.