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) reported net income of $83.4M for Q4 2025 and $291.2M for full-year 2025, versus $48.5M and $115.5M in the comparable periods in 2024. The company delivered a third consecutive quarter of record revenue of $225.7M, record net interest income of $197.4M, and non-interest income of $28.3M.
Key balance-sheet items: total commercial loans of $16.93B, deposits of $19.28B, a loan pipeline of $2.74B, allowance for credit losses at 0.95%, and tangible book value per share of $15.70. Annual meeting set for May 21, 2026 (record date March 27, 2026).
Provident Bank (NYSE:PFS) announced on January 27, 2026 that it awarded an additional $50,000 in grants to five non-profit organizations through the Federal Home Loan Bank of New York Small Business Recovery Grant (SBRG) Program.
The SBRG Program permits members to award up to $10,000 per qualifying small business or non-profit affected by the rate environment, inflation, supply-chain constraints, or rising energy costs. Provident said the awards are intended to help local non-profits continue delivering essential programs and services.
Grant recipients (each $10,000):
- Community Food Bank of New Jersey
- East Trenton Collaborative
- Mercer Street Friends
- Oasis
- Rescue Mission of Trenton
Provident Financial Services (NYSE: PFS) announced on Jan 26, 2026 that its Board authorized a tenth stock repurchase program to begin after the company completes its existing program, which has 814,247 shares remaining. Together, the remaining and new authorization allow repurchase of up to 2.15% of outstanding shares (~2.81 million shares). The program has no expiration date and permits open market purchases, negotiated transactions, block trades, or Rule 10b5-1 plans. Repurchase timing and amount will depend on market conditions, capital levels, and regulatory considerations.
Provident Bank (NYSE:PFS) announced that Thomas M. Lyons, Senior Executive Vice President and Chief Financial Officer, plans to retire effective upon the earlier of June 30, 2026 or the appointment of his successor.
Mr. Lyons will remain in his CFO roles until a successor is named and then serve in an advisory capacity to support the transition. The company has launched a nationwide search and engaged an executive search firm. Lyons has been CFO since 2011, joined via a 2004 merger that helped grow assets from $6 billion at that time to nearly $25 billion today.
Provident Bank (NYSE:PFS) announced that employees raised $80,000 through its 2025 "We Wear Jeans for a Cause" program and awarded grants to five local nonprofits on Jan. 13, 2026. Funds were distributed across NY, NJ, and PA: Queens Community House $10,000, Isles, Inc. $20,000, PRAHD $20,000, New Bethany $15,000, and Rising Tide Community Loan Fund $15,000. The grants support affordable housing, soup kitchen operations, and small business lending to strengthen community stability and economic growth. Provident credited employee contributions for enabling expanded local impact and thanked team members for their support.
Provident Bank (PFS) released its 2026 Economic Outlook Survey of 1,000 U.S. business owners and senior executives (companies >$1M revenue).
Key findings: 70% plan higher capital expenditures in 2026, with “significant increase” plans rising to 19%. 57% plan to increase hiring and 58% are using or plan to adopt AI (up from 41%). Inflation remains the top concern at 49%, while political/policy uncertainty rose to 37%. Younger owners show stronger optimism and expansion intent.
Provident Financial Services (NYSE: PFS) will release fourth quarter and year-end 2025 results on Jan 27, 2026 after market close and will host an investor conference call on Jan 28, 2026 at 10:00 a.m. ET.
The earnings release and a live listen-only webcast will be available at www.Provident.Bank under Investor Relations. Replay access runs from Jan 28, 2026 12:00 p.m. ET until Feb 11, 2026 11:59 p.m. ET, and the call archive will be posted on the company website for one year.
Contact: Investor Relations at 1-732-590-9300. As of Sept 30, 2025 the company reported $24.8 billion in assets and operates full-service branches across New Jersey, eastern Pennsylvania, and parts of New York; subsidiaries include Beacon Trust Company and Provident Protection Plus.
Provident Bank (NYSE: PFS) announced two executive hires and two promotions on December 17, 2025, reinforcing its focus on technology, data, customer experience, and commercial real estate.
Key moves: Satish Harikrishnan promoted to SVP, Chief Technology Officer after establishing a Network Operations Center and Enterprise Architecture; Shyam Nair hired as SVP, Head of Data, Analytics, and Data Governance with 20+ years' experience and prior work modernizing Texas Capital’s cloud data platform; Linda Martin promoted to SVP, Regional Sales Manager, Central Region (joined 2023); Andrew Markey hired as SVP, Team Leader, Commercial Real Estate with 30+ years of CRE experience.
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