Stonegate Capital Partners Updates Coverage on Provident Financial Services Inc (PFS) 2025 Q3

Rhea-AI Summary

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.

Dallas, Texas--(Newsfile Corp. - November 5, 2025) - Provident Financial Services Inc (NYSE: PFS): Stonegate Capital Partners updates their coverage on Provident Financial Services Inc (NYSE: PFS). Provident Financial Services delivered another strong quarter of consistent profitability and operational improvement. Net income was $71.7 million, compared with $72.0 million in 2Q25, translating to EPS of $0.55, in line with consensus expectations. Total revenue reached a record $221.8 million, up from $214.2 million in the prior quarter, supported by robust loan production and disciplined deposit pricing. Pre-tax, pre-provision earnings rose 9% sequentially to a record $109 million, representing a 1.76% return on average assets, underscoring Provident's improving core profitability.

To view the full announcement, including downloadable images, bios, and more, click here.

Key Takeaways:

• PFS delivered record revenue of $221.8M, supported by net interest income of $194.3M and non-interest income of $27.4M .
• Net income was $71.7M or $0.55 per share, and net interest margin improved to 3.43%.
• Total commercial loans increased by $191.2M to $16.70B and total deposits increased by $387.7M to $19.10B, while non-performing assets improved to 0.41% of total assets.

Click image above to view full announcement.

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About Stonegate
Stonegate Capital Partners is a leading capital markets advisory firm providing investor relations, equity research, and institutional investor outreach services for public companies. Our affiliate, Stonegate Capital Markets (member FINRA) provides a full spectrum of investment banking services for public and private companies.

Contacts:

Stonegate Capital Partners
(214) 987-4121
info@stonegateinc.com

Source: Stonegate, Inc.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/273327

FAQ

What were Provident Financial Services (PFS) 2025 Q3 net income and EPS on November 5, 2025?

Net income was $71.7M and EPS was $0.55 for 2025 Q3.

How much revenue did PFS report in 2025 Q3 and was it a record?

PFS reported record total revenue of $221.8M in 2025 Q3, up from $214.2M the prior quarter.

What was Provident Financial Services' net interest margin and net interest income in 2025 Q3?

Net interest margin improved to 3.43% and net interest income was $194.3M in 2025 Q3.

How did PFS loans and deposits change in 2025 Q3?

Total commercial loans increased to $16.70B and total deposits increased to $19.10B in 2025 Q3.

What was Provident Financial Services' pre-tax, pre-provision earnings and return on assets in 2025 Q3?

Pre-tax, pre-provision earnings were $109M, representing a 1.76% return on average assets.

Did PFS report improvement in asset quality in 2025 Q3?

Yes. Non-performing assets improved to 0.41% of total assets in 2025 Q3.