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. (NYSE: PFS) is the holding company for Provident Bank, a community-focused financial institution founded in Jersey City in 1839. Through Provident Bank and its subsidiaries, the company operates in the financial services industry, providing traditional banking and related financial services to customers in New Jersey, New York, and Pennsylvania.
This news page aggregates coverage and official announcements related to Provident Financial Services, Inc. and Provident Bank. Readers can follow company press releases on quarterly and year-end earnings, dividend declarations, investor conference calls, and presentation materials furnished to the U.S. Securities and Exchange Commission. The company regularly reports financial results and hosts conference calls to discuss performance, as reflected in its earnings releases and associated 8-K filings.
In addition to financial and investor updates, the news flow highlights Provident Bank’s community and philanthropic activities. Recent releases describe employee-funded grant programs supporting nonprofit organizations, crisis response funds addressing food insecurity, and participation in small business recovery grant programs in partnership with the Federal Home Loan Bank of New York. These items illustrate the bank’s role as a community-focused institution within its operating footprint.
Corporate governance and executive developments are also covered, including announcements of executive appointments, promotions, and retirement plans, as well as disclosures about executive compensation and severance arrangements. Together, these updates provide insight into the company’s strategic priorities, leadership, and community engagement.
Investors, analysts, and community stakeholders can use this page to review the latest publicly released information about Provident Financial Services, Inc. (PFS) and Provident Bank, including financial performance updates, capital actions, and community initiatives.
Provident Bank (NYSE:PFS) and The Provident Bank Foundation launched a Crisis Response Fund on November 25, 2025, committing $50,000 in emergency grants to address rising food insecurity after the recent U.S. government shutdown.
The program awards five $10,000 grants to nonprofits serving Queens, Somerset, Monmouth, Lehigh, and Hudson counties, supporting meal programs, client-choice pantries, SNAP assistance, senior nutrition, and Meals on Wheels services.
Provident Bank (NYSE:PFS) announced on November 6, 2025 that it awarded a total of $50,000 in grants to six non-profit organizations through the Federal Home Loan Bank of New York Small Business Recovery Grant (SBRG) Program.
The SBRG program allows members to provide grants of up to $10,000 to qualifying small businesses and nonprofits affected by the rate environment, inflation, supply-chain constraints, or rising energy costs. Provident said the funding supports local small businesses and community services.
Grant recipients included:
- Focus Hispanic Center for Community Development
- Neighborhood Housing Services of Queens CDC
- New Brunswick Tomorrow
- Yonkers Partners In Education – Jersey City
- Big Brothers Big Sisters of Coastal & Northern NJ
- Team Walker
Provident Financial Services (NYSE: PFS) reported strong 2025 Q3 results on November 5, 2025, showing continued profitability and operational improvement.
Key metrics: net income $71.7M (EPS $0.55), record total revenue $221.8M (prior quarter $214.2M), net interest income $194.3M, non-interest income $27.4M, and net interest margin 3.43%. Pre-tax, pre-provision earnings rose to $109M (1.76% return on average assets). Loans and deposits increased: total commercial loans rose to $16.70B and total deposits to $19.10B. Non-performing assets improved to 0.41% of total assets.
Provident Financial Services (NYSE:PFS) corrected its earlier release to state a quarterly cash dividend of $0.24 per common share payable on November 28, 2025 to stockholders of record as of the close of business on November 14, 2025. The correction changes the payable date from November 18 to November 28 in the first paragraph.
This clarifies timing for payments and recordkeeping for PFS shareholders ahead of the November 14, 2025 record date.
Provident Financial Services (NYSE: PFS) announced a quarterly cash dividend of $0.24 per common share. The dividend is payable on November 18, 2025 to shareholders of record at the close of business on November 14, 2025. This declaration provides a near-term cash return to shareholders.
Provident Financial Services (NYSE:PFS) reported Q3 2025 net income of $71.7 million ($0.55 per share) and record quarterly revenue of $221.8 million, driven by net interest income of $194.3 million. Nine‑month net income rose to $207.7 million versus $67.0 million a year earlier. Deposits increased to $19.10 billion, loans and pipeline grew (C&I loans to $4.84 billion; pipeline $2.87 billion at 6.15%), tangible book value per share rose to $15.13, and asset quality remained stable.
Provident Protection Plus (PFS) retained its Best Practices status for 2025 and was named a top-performing independent insurance agency for the third consecutive year.
Out of 1,146 agencies nominated nationwide, only 348 qualified as Best Practices Agencies. The designation is awarded by the Independent Insurance Agents & Brokers of America and Reagan Consulting after a rigorous nomination and qualifying process.
Best Practices winners must rank among the top 35–45 agencies in their revenue category and submit extensive financial and operational data; 2025 begins the current three-year study cycle.
Provident Bank (PFS) announced on October 23, 2025 that it awarded $63,000 in grants to eight New Jersey non-profit organizations through its Community Partnership Program. The grants support community development, economic empowerment, financial literacy, education, and housing/homeownership in low- and moderate-income communities across New Jersey.
The eight recipients include Housing & Community Development Network of NJ, Urban League of Essex County, Ironbound Community Corporation, Housing Partnership, Central Jersey Housing Resource Center, NORWESCAP, Invest Newark, and New Jersey Community Capital. Provident says the program furthers long-term economic prosperity and financial empowerment locally.
Provident Bank (NYSE:PFS) on Oct 14, 2025 appointed Renee Altomonte as Executive Vice President, Retail Banking Director.
Reporting to Vito Giannola, she will oversee the branch network across New Jersey, Eastern Pennsylvania, and parts of New York, lead retail sales and service, optimize branch operations, and execute the retail strategic plan to grow deposits and the customer base while enhancing customer experience.
Altomonte brings over 30 years of financial‑services leadership, including senior roles at TD Bank, and will focus on driving profitable growth and operational excellence across the retail footprint.
Provident Bank (NYSE:PFS) appointed Annamaria Vitelli as Executive Vice President, Chief Growth Officer for Beacon Trust on October 7, 2025. The newly created role will oversee growth and retention of client relationships, lead business development and wealth advisory teams, and collaborate with Beacon Trust President Valerie Murray on a strategic sales and retention plan to expand market presence.
Ms. Vitelli previously served as Executive Vice President, Head of Hawthorn at PNC Private Bank, where she led an ultra-high-net-worth segment and oversaw a team of more than 200 professionals serving clients with investable assets exceeding $20 million. She holds a J.D. and an LL.M. in Taxation, both cum laude from Temple University Beasley School of Law.
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