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.
Wellington Management Group LLP and affiliated filers reported beneficial ownership of 5,786,655 shares of Provident Financial Services, Inc. common stock, representing 4.43% of the class. The filing lists shared voting power and shared dispositive power of 5,786,655 shares across the reporting entities. The cover information names the issuer as Provident Financial Services, Inc. (CUSIP 74386T105) and shows signature dates of 05/15/2026.
Provident Financial Services Inc. executive George Lista reported an open-market sale of common stock. On May 8, 2026, he sold 2,556 shares of Provident Financial Services common stock at $22.40 per share.
After this sale, Lista directly held 109,262.125 shares of common stock. He also reported additional indirect holdings, including shares held through an IRA, a 401(k) plan, and an LLC in which he has 50% ownership, reflecting broader indirect exposure to the company’s stock.
Provident Financial Services, Inc. reports solid first-quarter 2026 results, with net income rising to $79.4 million from $64.0 million a year earlier. Basic and diluted earnings per share increased to $0.61 from $0.49, reflecting stronger profitability.
Total assets reached $25.20 billion, slightly above $24.98 billion at year-end 2025. Net interest income grew to $193.7 million from $181.7 million, helped by higher interest and dividend income and lower deposit interest expense.
The company recorded a $4.7 million recapture of credit loss provisions on loans versus a small provision in 2025, while net charge-offs were $3.1 million. Non-interest income increased to $31.5 million, and non-interest expense stayed broadly stable at $117.1 million. Non-accrual loans rose to $142.9 million, mainly from four senior housing commercial credits backed by collateral with low loan-to-value ratios. Deposits were $19.10 billion and borrowed funds $2.48 billion as of March 31, 2026.
Provident Financial Services submitted a Form 144 notice listing recent Restricted Stock Award entries granted under equity compensation. The filing lists awards dated 03/04/2026 and 03/03/2026
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.