Welcome to our dedicated page for Provident Finl SEC filings (Ticker: PFS), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Provident Financial Services, Inc. filings document the public-company record of a bank holding company whose principal subsidiary is Provident Bank. Form 8-K disclosures cover quarterly and annual operating results, Regulation FD investor materials, cash dividend declarations, and material leadership or employment-related events.
The company’s filings describe bank performance measures such as loan and deposit activity, net interest income, noninterest revenue, credit quality, capital levels, and fee-based businesses including Beacon Trust Company and Provident Protection Plus, Inc. Proxy materials cover annual meeting matters, board and executive governance, compensation, and shareholder voting items for the NYSE-listed common stock.
Provident Financial Services, Inc. announced that its Board of Directors has declared a quarterly cash dividend of $0.24 per common share. The dividend will be payable on May 29, 2026 to stockholders of record as of the close of business on May 15, 2026. The company released these details in a press release furnished under Regulation FD.
Vanguard Capital Management filed a Schedule 13G reporting beneficial ownership of 6,579,666 shares of Provident Financial Services Inc common stock. The stake represents 5.03% of the class and Vanguard reports sole dispositive power over 6,579,666 shares and sole voting power over 970,732 shares as of 03/31/2026. The filing is signed April 30, 2026.
Provident Financial Services, Inc. reported solid first quarter 2026 results, with net income of $79.4 million, or $0.61 per share, up from $64.0 million, or $0.49 per share, in the first quarter of 2025.
Revenue was $225.2 million, including net interest income of $193.7 million and record non-interest income of $31.5 million. The net interest margin was 3.40%, slightly above 3.34% a year earlier, as loan yields remained strong while the average cost of deposits fell to 1.94%.
Credit quality remained generally manageable, with annualized net charge-offs at 0.06% of average loans and a $2.1 million recapture of prior credit loss provisions, although non-performing loans rose to 0.73% of total loans, largely due to four senior housing credits in bankruptcy that are well secured by collateral.
Loans held for investment grew to $19.65 billion, commercial-focused lending represented about 86.9% of the portfolio, and the loan pipeline reached $3.11 billion. Tangible book value per share increased to $16.03, and the company repurchased 588,923 shares for $12.4 million during the quarter.
Provident Financial Services, Inc. released a Q1 2026 results presentation showing solid profitability, strong credit quality, and healthy capital. Net income was $79.4 million, or $0.61 diluted EPS, with adjusted ROAA of 1.29% and adjusted ROATCE of 16.58% on average assets of $25.0 billion.
Total loans reached $19.7 billion and deposits $19.1 billion, with commercial loans growing and a record $3.11 billion pipeline at a 6.24% weighted-average rate. Net interest margin was 3.40%, supported by lower deposit costs and higher asset yields, while non-interest income grew to $31.5 million on stronger insurance and bank-owned life insurance revenue.
Credit metrics remained favorable: net charge-offs were 0.06% of loans annualized and total non-performing loans were 0.73% of total loans, with new senior-housing non-performers backed by low loan-to-value collateral. Tangible common equity ratio stood at 8.55%, with regulatory capital comfortably above well-capitalized levels.
For 2026, the company targets 4–6% annualized growth in both loans and deposits, a reported net interest margin of 3.40% to 3.45% with modest core margin expansion, an expected charge-off ratio of 10–15 basis points, quarterly non-interest income around $28.5 million, and an operating efficiency ratio near 51%.
Provident Financial Services Inc reports that Vanguard Portfolio Management beneficially owns 8,168,133 shares of Common Stock, representing 6.24% of the class. The filing states Vanguard exercises sole dispositive power over the reported shares and sole voting power over 103,423 shares. The filing notes these holdings reflect securities held across Vanguard Portfolio Management LLC and specified affiliates.
Provident Financial Services, Inc. is asking stockholders to vote at its virtual 2026 Annual Meeting on May 21, 2026 to elect four directors, approve on an advisory basis executive compensation, and ratify KPMG LLP as independent auditor for 2026.
The board has 13 members divided into three classes, with nominees Brian A. Gragnolati, Edward J. Leppert, Nadine Leslie, and Thomas J. Shara standing for new three-year terms. The company highlights a strong governance framework, including an Executive Chairman with an independent Lead Director, six fully independent key board committees, regular board and committee self-evaluations, stock ownership guidelines, and a majority voting policy for uncontested director elections.
The proxy details an executive pay-for-performance program emphasizing variable compensation tied to financial results. For 2025, net income was $291.2 million or $2.23 per share, total assets were $25 billion, total deposits were $19.3 billion, and the net interest margin increased to 3.39%. Annual cash incentives for named executives paid at 123.55% of target based on achieving corporate goals, and a 2025 say-on-pay vote received approximately 84% support. Long-term incentives are predominantly performance-based and subject to clawback and stock ownership requirements.
Provident Financial Services, Inc. reports strong 2025 results, with net income of $291.2 million (diluted EPS $2.23) and total assets of $24.98 billion, reflecting the first full year of combined operations after the Lakeland Bancorp merger.
Key year-end balances include $19.33 billion in net loans and $19.28 billion in deposits. Credit metrics remained resilient: non-performing assets were $80.4 million (0.32% of assets) and the allowance for credit losses covered 0.95% of loans. The company returned capital via $125.9 million in dividends and modest share repurchases, and the board authorized a new repurchase program in January 2026.
The Vanguard Group filed an Amendment No. 15 to Schedule 13G/A reporting that it beneficially owns 0 shares of Provident Financial Services Inc common stock as shown in the filing. The amendment explains an internal realignment where certain Vanguard subsidiaries will report ownership separately.
Provident Financial Services executive George Lista reported compensation-related stock movements in Common Stock on March 3, 2026. He received 1,301 performance-vesting shares and 2,640 time-vesting restricted shares as awards. To cover tax obligations, he disposed of 302 and 477 shares at $21.42 per share through share-withholding transactions rather than open-market sales.
Provident Financial Services EVP & CAO Adriano M. Duarte reported multiple common stock transactions. On March 3, 2026, he received two stock awards: 1,220 shares and 2,974 shares of common stock at $0.00 per share as grants or awards. Footnotes state some awards were performance-vesting and others are time-vesting restricted stock that vest through March 3, 2029.
To cover tax obligations, he had three tax-withholding dispositions of common stock under code F: 461 shares at $21.42, 405 shares at $21.42, and 239 shares at $21.55 per share. After these transactions, he held 28,841 direct shares of common stock as of March 4, 2026.
The filing also lists indirect holdings as of March 3, 2026: 14,378 shares held by a 401(k), 43,849.6 shares held by an IRA, and 7,500 shares held by his wife's IRA. A footnote notes a transfer of 2,418 shares from an ESOP into the 401(k) plan and dividend reinvestment transactions.