{"filings":[{"id":659156,"accession_number":"0000943374-26-000211","cik":1178970,"company_name":"PROVIDENT FINANCIAL SERVICES INC","ticker":"PFS","form_type":"8-K","filed_at":"2026-05-26T16:37:48+00:00","items":["5.02","9.01"],"status":"ready","headline":"Provident Financial amends Executive Chairman Martin's agreement through May 2028, adds Director Emeritus role","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Amended Executive Chairman Agreement extends term to May 21, 2028, superseding prior 2021 agreement.","Upon term end or board departure, Martin serves as Director Emeritus of Provident Bank for three years.","Amended Change in Control Agreement sets severance equal to remaining days in term divided by 365 times average annual compensation.","Base salary floor remains $577,500; all other compensation and benefits substantially unchanged.","Agreements dated May 21, 2026, and filed as Exhibits 10.1 and 10.2."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":2872765309.672756,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":593476,"accession_number":"0001628280-26-037560","cik":1178970,"company_name":"PROVIDENT FINANCIAL SERVICES INC","ticker":"PFS","form_type":"8-K","filed_at":"2026-05-22T13:32:01+00:00","items":["5.07","9.01"],"status":"ready","headline":"Provident Financial stockholders elect four directors, approve say-on-pay and auditor ratification","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Four directors (Gragnolati, Leppert, Leslie, Shara) elected with >91.7M votes each; broker non-votes ~14.9M.","Advisory vote on executive compensation passed: 92.0M for, 2.9M against, 661K abstain.","Ratification of KPMG as independent auditor for FY 2026 approved: 107.9M for (96.8% of votes cast)."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.15,"market_cap_usd":2872765309.672756,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":91705,"accession_number":"0001628280-26-028933","cik":1178970,"company_name":"PROVIDENT FINANCIAL SERVICES INC","ticker":"PFS","form_type":"8-K","filed_at":"2026-04-30T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Provident Financial declares $0.24 quarterly dividend, payable May 29","summary_kind":"llm","event_type":"dividend","confidence":"high","bullets":["Quarterly cash dividend of $0.24 per common share declared.","Dividend payable on May 29, 2026 to stockholders of record as of May 15, 2026.","No change from prior quarterly dividend rate indicated."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.2,"calibrated_materiality_score":0.2,"market_cap_usd":2872765309.672756,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":91704,"accession_number":"0001628280-26-028665","cik":1178970,"company_name":"PROVIDENT FINANCIAL SERVICES INC","ticker":"PFS","form_type":"8-K","filed_at":"2026-04-30T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Provident Financial Q1 net income $79.4M ($0.61/sh); NPLs rise on senior housing loans","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net income $79.4M ($0.61 EPS) vs $64.0M ($0.49) year ago; revenue $225.2M (+$16.4M YoY).","Net interest margin 3.40% (down 4bps QoQ, up 6bps YoY); core NIM up 3bps QoQ to 3.04%.","NPLs to loans 0.73% vs 0.40% prior quarter; $82.1M in four senior housing loans subject to bankruptcy with strong collateral.","Loan pipeline record $3.11B at 6.24% weighted average rate; commercial loans grew $123.1M annualized.","Repurchased 588,923 shares for $12.4M ($21.04 avg); tangible book value per share $16.03 (+2.1%)."],"consensus_eps_estimate":null,"consensus_eps_actual":0.61,"consensus_revenue_estimate":null,"consensus_revenue_actual":20608000.0,"consensus_period":"2026-Q1","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":2872765309.672756,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":91703,"accession_number":"0001628280-26-028648","cik":1178970,"company_name":"PROVIDENT FINANCIAL SERVICES INC","ticker":"PFS","form_type":"8-K","filed_at":"2026-04-30T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Provident Financial files Q1 2026 presentation, no results in 8-K","summary_kind":"llm","event_type":"other_material","confidence":"low","bullets":["Presentation attached as Exhibit 99.1, but actual financial data not included in this filing.","Company states Q1 earnings release will be filed on April 30, 2026.","No quarterly results, guidance, or material updates disclosed in 8-K.","Investors referred to upcoming earnings release for financial details."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"market_cap_usd":2872765309.672756,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":101965,"accession_number":"0000943374-26-000116","cik":1178970,"company_name":"PROVIDENT FINANCIAL SERVICES INC","ticker":"PFS","form_type":"8-K","filed_at":"2026-03-05T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Provident's Wealth Management Head Murray to Depart May 22; $1.2M Separation Pay","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Valerie O. Murray, President of Beacon Trust and EVP & Chief Wealth Mgmt Officer, resigns effective May 22, 2026.","Transition to non-executive role on garden leave from Mar 27 to May 22; continues base salary and benefits.","Entitled to $1.2M lump sum separation payment, subject to release and conditions.","Non-vested equity awards forfeited upon separation.","Company confirms resignation not related to any disagreement over operations, policies, or practices."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":2872765309.672756,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":101964,"accession_number":"0001628280-26-003896","cik":1178970,"company_name":"PROVIDENT FINANCIAL SERVICES INC","ticker":"PFS","form_type":"8-K","filed_at":"2026-01-28T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Provident Financial declares $0.24 quarterly dividend, payable Feb 27, 2026","summary_kind":"llm","event_type":"dividend","confidence":"high","bullets":["Quarterly cash dividend of $0.24 per common share declared.","Payable on February 27, 2026 to stockholders of record as of February 13, 2026.","Dividend amount unchanged from prior quarter; no special dividend announced."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.2,"calibrated_materiality_score":0.2,"market_cap_usd":2872765309.672756,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":101963,"accession_number":"0001628280-26-003770","cik":1178970,"company_name":"PROVIDENT FINANCIAL SERVICES INC","ticker":"PFS","form_type":"8-K","filed_at":"2026-01-28T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Provident Financial furnishes Q4 2025 presentation; earnings release due Jan 28","summary_kind":"llm","event_type":"other_material","confidence":"low","bullets":["Presentation materials filed under Regulation FD, to accompany Q4 2025 earnings release.","Earnings release expected to be filed on January 28, 2026, with full results.","Presentation includes standard forward-looking statements and cautionary language.","No specific financial figures provided in the furnished exhibit excerpt."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":2872765309.672756,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":101962,"accession_number":"0001628280-26-003769","cik":1178970,"company_name":"PROVIDENT FINANCIAL SERVICES INC","ticker":"PFS","form_type":"8-K","filed_at":"2026-01-28T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Provident Financial Q4 net income $83.4M ($0.64/sh); full-year net income $291.2M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 net income $83.4M ($0.64/sh) vs $71.7M ($0.55) in Q3 and $48.5M ($0.37) in Q4 2024.","Full year 2025 net income $291.2M ($2.23/sh) vs $115.5M ($1.05) in 2024 (includes merger costs in 2024).","Record revenue of $225.7M, driven by net interest income $197.4M and non-interest income $28.3M.","Net interest margin improved to 3.44% (up 1 bp QoQ, 16 bps YoY); core NIM 3.01%.","Non-performing loans ratio improved to 0.40% from 0.52% QoQ; tangible book value $15.70."],"consensus_eps_estimate":null,"consensus_eps_actual":2.23,"consensus_revenue_estimate":null,"consensus_revenue_actual":73109000.0,"consensus_period":"2025-FY","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":2872765309.672756,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":101961,"accession_number":"0001628280-26-003527","cik":1178970,"company_name":"PROVIDENT FINANCIAL SERVICES INC","ticker":"PFS","form_type":"8-K","filed_at":"2026-01-27T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Provident Financial Services authorizes new stock repurchase program for up to 2.81M shares (2.15% of outstanding)","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Board authorized tenth buyback; with 814,247 shares remaining, total up to ~2.81M shares (2.15% of outstanding).","Repurchases via open market, block trades, negotiated transactions, or 10b5-1 plans; no expiration date.","CEO cited confidence in earnings and balance sheet strength; CFO noted additional capital return flexibility."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":2872765309.672756,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":101960,"accession_number":"0001628280-26-001994","cik":1178970,"company_name":"PROVIDENT FINANCIAL SERVICES INC","ticker":"PFS","form_type":"8-K","filed_at":"2026-01-14T23:59:59+00:00","items":["5.02","7.01","9.01"],"status":"ready","headline":"Provident CFO Thomas Lyons to retire; will remain as advisor until Jan 2027","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Lyons notified of resignation on Jan 13, 2026; effective earlier of June 30, 2026 or successor appointment.","After transition, Lyons will serve as Special Advisor to CEO at $300K prorated annual salary through Jan 31, 2027.","He will also receive a prorated annual incentive bonus; agreement includes non-compete and release provisions.","Company has initiated nationwide search with an executive search firm; Lyons has been CFO since 2011.","During Lyons' tenure, Provident grew from $6B to ~$25B in assets across NJ, NY, and PA."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":2872765309.672756,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":118298,"accession_number":"0001628280-25-050996","cik":1178970,"company_name":"PROVIDENT FINANCIAL SERVICES INC","ticker":"PFS","form_type":"8-K","filed_at":"2025-11-10T23:59:59+00:00","items":["5.04","9.01"],"status":"ready","headline":"Provident Financial blackout Dec 1-8, 2025 due to ESOP/401(k) merger","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Blackout period runs from Dec 1, 2025 at 4pm ET through the week of Dec 8, 2025.","Reason: merger of Provident Bank ESOP into the 401(k) Plan effective Dec 1, 2025.","Directors and executive officers cannot trade company stock acquired in connection with service.","Restrictions cover transactions with pecuniary interest, including family and controlled entities.","Blackout status available by calling The Principal Group at (800) 547-7754."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.2,"calibrated_materiality_score":0.2,"market_cap_usd":2872765309.672756,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":118297,"accession_number":"0001628280-25-047520","cik":1178970,"company_name":"PROVIDENT FINANCIAL SERVICES INC","ticker":"PFS","form_type":"8-K","filed_at":"2025-10-30T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Provident Financial declares $0.24 quarterly dividend, payable Nov 28","summary_kind":"llm","event_type":"dividend","confidence":"high","bullets":["Quarterly cash dividend of $0.24 per common share declared by Board.","Payable on November 28, 2025 to holders of record on November 14, 2025.","Dividend rate unchanged from prior quarter; no special dividend announced."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.25,"calibrated_materiality_score":0.25,"market_cap_usd":2872765309.672756,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":118296,"accession_number":"0001628280-25-047487","cik":1178970,"company_name":"PROVIDENT FINANCIAL SERVICES INC","ticker":"PFS","form_type":"8-K","filed_at":"2025-10-30T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Provident Financial furnishes Q3 2025 presentation; earnings release due Oct 30","summary_kind":"llm","event_type":"earnings","confidence":"low","bullets":["Presentation slides for Q3 2025 results attached to 8-K but contain no financial figures.","Full quarterly earnings release expected to be filed separately on October 30, 2025.","Company notes presentation is furnished, not filed, under Regulation FD."],"consensus_eps_estimate":null,"consensus_eps_actual":1.59,"consensus_revenue_estimate":null,"consensus_revenue_actual":55114000.0,"consensus_period":"2025-Q3","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"market_cap_usd":2872765309.672756,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":118295,"accession_number":"0001628280-25-047486","cik":1178970,"company_name":"PROVIDENT FINANCIAL SERVICES INC","ticker":"PFS","form_type":"8-K","filed_at":"2025-10-30T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Provident Financial Q3 net income $71.7M, EPS $0.55; record revenue $221.8M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net income $71.7M ($0.55 diluted EPS) vs $72.0M in Q2 2025 and $46.4M in Q3 2024.","Record revenue of $221.8M, consisting of net interest income $194.3M and non-interest income $27.4M.","Net interest margin increased 7 bps to 3.43%; total deposits grew $387.7M to $19.1B.","Tangible book value per share rose 3.6% to $15.13; non-performing assets improved to 0.41%.","Provision for credit losses $7.0M ($4.5M on loans); annualized net charge-offs 0.11% of loans."],"consensus_eps_estimate":null,"consensus_eps_actual":1.59,"consensus_revenue_estimate":null,"consensus_revenue_actual":55114000.0,"consensus_period":"2025-Q3","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":2872765309.672756,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":134747,"accession_number":"0001628280-25-036050","cik":1178970,"company_name":"PROVIDENT FINANCIAL SERVICES INC","ticker":"PFS","form_type":"8-K","filed_at":"2025-07-25T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Provident Financial adopts new Executive Severance Plan for named executive officers","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Board adopted Provident Bank Executive Severance Plan effective July 24, 2025.","Executives must waive existing change-in-control agreements to participate.","Outside CIC: severance = 1x base salary + 1x target incentive + COBRA for 1 year.","Within CIC: Lyons gets 3x multiple; Murray & Vakacherla get 2x multiple; no excise tax gross-up.","Named executive officers: Thomas Lyons, Valerie Murray, Ravi Vakacherla."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.35,"calibrated_materiality_score":0.35,"market_cap_usd":2872765309.672756,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":134746,"accession_number":"0001628280-25-035939","cik":1178970,"company_name":"PROVIDENT FINANCIAL SERVICES INC","ticker":"PFS","form_type":"8-K","filed_at":"2025-07-24T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Provident Financial declares $0.24 quarterly dividend, payable Aug 29, 2025","summary_kind":"llm","event_type":"dividend","confidence":"high","bullets":["Quarterly cash dividend of $0.24 per common share declared.","Payable August 29, 2025 to stockholders of record as of August 15, 2025.","Dividend amount unchanged from prior quarter (no increase or decrease announced)."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":2872765309.672756,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":134745,"accession_number":"0001628280-25-035905","cik":1178970,"company_name":"PROVIDENT FINANCIAL SERVICES INC","ticker":"PFS","form_type":"8-K","filed_at":"2025-07-24T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Provident Financial furnishes Q2 2025 earnings presentation; no results in filing","summary_kind":"llm","event_type":"other_material","confidence":"low","bullets":["Furnished presentation materials to accompany Q2 2025 earnings release, filed separately on July 24, 2025.","No specific financial results (revenue, EPS) are included in the 8-K or provided exhibit text.","Presentation intended for use with the upcoming earnings release; actual results not disclosed here."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"market_cap_usd":2872765309.672756,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":134744,"accession_number":"0001628280-25-035903","cik":1178970,"company_name":"PROVIDENT FINANCIAL SERVICES INC","ticker":"PFS","form_type":"8-K","filed_at":"2025-07-24T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Provident Financial Q2 net income $72M ($0.55 EPS); record revenue $214.2M, NIM expands to 3.36%","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net income $72.0M ($0.55 diluted EPS) vs $64.0M ($0.49) in Q1 and net loss of $11.5M in Q2 2024 (which had $79M merger costs).","Record revenue $214.2M; net interest income $187.1M; net interest margin up 2 bps to 3.36%.","Benefit to provision for credit losses on loans of $2.7M; net charge-offs low at 3 bps annualized.","Commercial loan growth: C&I up 16.26% annualized to $4.69B; total commercial up 7.98% to $16.51B.","Tangible book value per share up 3.2% to $14.60; non-performing loans at 0.56% of total loans."],"consensus_eps_estimate":null,"consensus_eps_actual":1.04,"consensus_revenue_estimate":null,"consensus_revenue_actual":37146000.0,"consensus_period":"2025-Q2","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":2872765309.672756,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":151652,"accession_number":"0001628280-25-033337","cik":1178970,"company_name":"PROVIDENT FINANCIAL SERVICES INC","ticker":"PFS","form_type":"8-K","filed_at":"2025-06-27T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Provident Financial amends CEO Labozzetta's employment agreement with $1M base salary, enhanced severance","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["New base salary of $1,000,000 per year; term through June 26, 2028 with auto-renewals.","Non-change-of-control termination severance: 2x (base + target bonus) paid over 24 months; plus COBRA reimbursement.","Change-in-control termination severance: 3x (base + target bonus) plus cash for COBRA and life/disability for 36 months.","Non-compete period increased to one year from termination.","Agreement replaces prior March 2020 agreement; substantially similar except for above changes."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":2872765309.672756,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":151651,"accession_number":"0001628280-25-020597","cik":1178970,"company_name":"PROVIDENT FINANCIAL SERVICES INC","ticker":"PFS","form_type":"8-K","filed_at":"2025-04-29T23:59:59+00:00","items":["5.07","9.01"],"status":"ready","headline":"Provident Financial stockholders elect four directors, ratify KPMG as auditor","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["All four director nominees (Dunigan, Harding, Labozzetta, McCracken) elected with >81M votes each; 13.8M broker non-votes.","Advisory vote on executive compensation passed: 76.5M for, 14.7M against, 0.8M abstain.","Ratification of KPMG as independent auditor for FY2025 approved: 103.0M for, 2.4M against, 0.4M abstain.","Total shares voted 105.8M, representing 81.07% of eligible shares at April 24, 2025 meeting."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.15,"calibrated_materiality_score":0.15,"market_cap_usd":2872765309.672756,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":151650,"accession_number":"0001628280-25-019833","cik":1178970,"company_name":"PROVIDENT FINANCIAL SERVICES INC","ticker":"PFS","form_type":"8-K","filed_at":"2025-04-25T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Provident Q1 net income $64M, EPS $0.49; declares $0.24 dividend","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net income $64.0M ($0.49/share) vs $48.5M ($0.37) in Q4 2024 and $32.1M ($0.43) in Q1 2024.","Net interest margin expanded to 3.34% from 3.28% QoQ; core NIM up 9 bps to 2.94%.","Commercial loan portfolio grew $150M (3.8% annualized); C&I loans up $74.3M (6.5% annualized).","Provision for credit losses on loans dropped to $325K from $7.8M in Q4; allowance 1.02% of loans.","Board declared $0.24/share quarterly dividend, payable May 30, 2025, record May 16, 2025."],"consensus_eps_estimate":null,"consensus_eps_actual":0.49,"consensus_revenue_estimate":null,"consensus_revenue_actual":18870000.0,"consensus_period":"2025-Q1","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":2872765309.672756,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":151649,"accession_number":"0001628280-25-019738","cik":1178970,"company_name":"PROVIDENT FINANCIAL SERVICES INC","ticker":"PFS","form_type":"8-K","filed_at":"2025-04-24T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Provident Financial furnishes Q1 2025 earnings presentation; results due April 25","summary_kind":"llm","event_type":"other","confidence":"low","bullets":["Presentation materials attached as Exhibit 99.1 cover Q1 2025 results.","Earnings release and detailed financials to be filed separately on April 25, 2025.","No specific financial figures or guidance are disclosed in this 8-K filing."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.2,"calibrated_materiality_score":0.2,"market_cap_usd":2872765309.672756,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":170497,"accession_number":"0001628280-25-003302","cik":1178970,"company_name":"PROVIDENT FINANCIAL SERVICES INC","ticker":"PFS","form_type":"8-K","filed_at":"2025-01-31T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Provident Bank designates four NEOs eligible for non-qualified deferred comp plan","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Compensation Committee designates Anthony Labozzetta, Thomas M. Lyons, Valerie O. Murray, and George Lista as eligible participants.","Plan allows deferral of up to 50% of cash compensation (base salary and annual incentive) for EVP+ officers.","Company contributions may be made at Committee discretion; none have been approved yet.","Investment benchmark initially set as 10-year U.S. Treasury constant maturity yield.","Plan effective January 1, 2025; distributions upon separation, death, disability, or scheduled in-service."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"market_cap_usd":2872765309.672756,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":170496,"accession_number":"0001628280-25-002939","cik":1178970,"company_name":"PROVIDENT FINANCIAL SERVICES INC","ticker":"PFS","form_type":"8-K","filed_at":"2025-01-29T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Provident Financial Q4 net income $48.5M, $0.37 EPS; asset quality improves, deposits grow","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 net income $48.5M ($0.37 EPS) vs $46.4M ($0.36) prior Q and $27.3M ($0.36) a year ago.","Full year net income $115.5M ($1.05 EPS) vs $128.4M ($1.71 EPS) in 2023; merger costs $56.9M.","NIM 3.28%, down 3 bps from prior Q; core NIM excl purchase accounting up 4 bps to 2.85%.","NPLs/total loans 0.39% vs 0.47% prior Q; total deposits rose $247.6M to $18.62B.","Declared $0.24 quarterly dividend payable Feb 28, 2025; Annual Meeting virtual April 24, 2025."],"consensus_eps_estimate":null,"consensus_eps_actual":1.05,"consensus_revenue_estimate":null,"consensus_revenue_actual":68288000.0,"consensus_period":"2024-FY","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":2872765309.672756,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":170495,"accession_number":"0001628280-25-002837","cik":1178970,"company_name":"PROVIDENT FINANCIAL SERVICES INC","ticker":"PFS","form_type":"8-K","filed_at":"2025-01-28T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Provident Financial furnishes Q4 2024 investor presentation; earnings due Jan 29","summary_kind":"llm","event_type":"other_material","confidence":"low","bullets":["Presentation filed Jan 28, 2025 as Exhibit 99.1; official earnings release expected Jan 29, 2025.","No specific financial results disclosed in the filing; only presentation title and company name provided.","Investors should wait for the Jan 29 earnings release for Q4 2024 performance details."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":2872765309.672756,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":187480,"accession_number":"0001628280-24-044267","cik":1178970,"company_name":"PROVIDENT FINANCIAL SERVICES INC","ticker":"PFS","form_type":"8-K","filed_at":"2024-10-30T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Provident posts $46.4M net income in Q3, Lakeland merger complete; declares $0.24 dividend","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net income of $46.4M ($0.36/share) in Q3 2024 vs net loss of $11.5M in Q2 2024; net income $28.5M ($0.38) in Q3 2023.","Net interest margin expanded 10 bps to 3.31%, aided by full-quarter Lakeland accretion contributing 53 bps.","Provision for credit losses on loans dropped to $9.6M from $66.1M in Q2, which included merger-related CECL charge.","Lakeland merger core system conversion completed in early September; merger-related costs were $15.6M in Q3.","Quarterly dividend maintained at $0.24/share, payable Nov 29, 2024 to record Nov 15."],"consensus_eps_estimate":null,"consensus_eps_actual":0.65,"consensus_revenue_estimate":null,"consensus_revenue_actual":51773000.0,"consensus_period":"2024-Q3","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":2872765309.672756,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":187479,"accession_number":"0001628280-24-044130","cik":1178970,"company_name":"PROVIDENT FINANCIAL SERVICES INC","ticker":"PFS","form_type":"8-K","filed_at":"2024-10-29T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Provident Financial Services furnishes Q3 2024 earnings presentation materials; release due Oct 30","summary_kind":"llm","event_type":"other_material","confidence":"low","bullets":["Presentation for Q3 2024 results filed as Exhibit 99.1, ahead of October 30 earnings release.","No specific financial figures or results are included in the furnished presentation text.","Materials likely cover expected third-quarter performance metrics and strategic outlook."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.15,"calibrated_materiality_score":0.15,"market_cap_usd":2872765309.672756,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":187478,"accession_number":"0000943374-24-000420","cik":1178970,"company_name":"PROVIDENT FINANCIAL SERVICES INC","ticker":"PFS","form_type":"8-K","filed_at":"2024-10-18T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"Provident Financial settles overdraft fee class action for $1.85M; court approves settlement","summary_kind":"llm","event_type":"litigation","confidence":"high","bullets":["Court approved $1.85 million settlement on October 11, 2024, resolving wrongful overdraft fee claims.","Suit filed in May 2022 alleged breach of contract, good faith, and New Jersey Consumer Fraud Act violations.","Provident Bank contributed to the fund but denies any liability or wrongdoing.","Motion for preliminary approval was filed September 23, 2024; final approval granted October 11."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.35,"calibrated_materiality_score":0.35,"market_cap_usd":2872765309.672756,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":203993,"accession_number":"0001628280-24-033104","cik":1178970,"company_name":"PROVIDENT FINANCIAL SERVICES INC","ticker":"PFS","form_type":"8-K","filed_at":"2024-07-26T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Provident posts Q2 net loss of $11.5M on Lakeland merger costs; declares $0.24 dividend","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net loss of $11.5M ($0.11 diluted EPS) vs net income of $32.1M in Q1 2024 and $32.0M in Q2 2023.","Net interest income rose $47.8M to $141.5M; NIM expanded 34 bps to 3.21% with 47 bps from purchase accounting accretion.","Provision for credit losses was $66.1M, including $60.1M initial CECL charge from Lakeland merger; merger costs totaled $18.9M in Q2.","Completed merger with Lakeland on May 16, adding $10.9B assets, $7.9B loans, and $8.6B deposits.","Declared quarterly cash dividend of $0.24/share, payable Aug 30 to holders of record Aug 16."],"consensus_eps_estimate":null,"consensus_eps_actual":0.23,"consensus_revenue_estimate":null,"consensus_revenue_actual":33923000.0,"consensus_period":"2024-Q2","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":2872765309.672756,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":203992,"accession_number":"0001628280-24-033096","cik":1178970,"company_name":"PROVIDENT FINANCIAL SERVICES INC","ticker":"PFS","form_type":"8-K","filed_at":"2024-07-26T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Provident Financial furnishes Q2 2024 earnings presentation, but no financial results provided in filing excerpt","summary_kind":"llm","event_type":"earnings","confidence":"low","bullets":["Filing indicates Q2 2024 earnings release and presentation materials were furnished on July 26, 2024.","Actual earnings data (revenue, EPS, segment results) not included in the provided text; presentation content not available.","No guidance, dividend changes, or other material financial details discernible from the filing excerpt.","Investors should refer to the full earnings release and presentation for specific results."],"consensus_eps_estimate":null,"consensus_eps_actual":0.23,"consensus_revenue_estimate":null,"consensus_revenue_actual":33923000.0,"consensus_period":"2024-Q2","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"market_cap_usd":2872765309.672756,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":220669,"accession_number":"0000943374-24-000213","cik":1178970,"company_name":"PROVIDENT FINANCIAL SERVICES INC","ticker":"PFS","form_type":"8-K","filed_at":"2024-05-29T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Provident Financial extends Executive Chairman Martin's agreements to May 16, 2026","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Executive Chairman Christopher Martin's employment agreement extended from May 31, 2024 to May 16, 2026.","Change in Control Agreement with Martin also extended to May 16, 2026.","All other terms of both agreements remain unchanged.","Amendments executed May 28, 2024."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.2,"calibrated_materiality_score":0.2,"market_cap_usd":2872765309.672756,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":220668,"accession_number":"0001193125-24-140083","cik":1178970,"company_name":"PROVIDENT FINANCIAL SERVICES INC","ticker":"PFS","form_type":"8-K","filed_at":"2024-05-16T23:59:59+00:00","items":["2.01","2.03","5.02","5.03","8.01","9.01"],"status":"ready","headline":"Provident completes merger with Lakeland Bancorp; combined assets $24.5B","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Lakeland shareholders receive 0.8319 PFS shares per share; combined ownership 58% Provident, 42% Lakeland.","Pro forma combined: $24.5B assets, $18.8B loans, $18.6B deposits, $2.3B equity; 140 branches.","Assumed $49.8M trust preferred securities and $150M 2.875% sub notes due 2031.","Board expanded to 14; Thomas Shara appointed Executive Vice Chairman; five former Lakeland directors added.","Several Lakeland executives appointed to key roles: Timothy Matteson (CAO), James Nigro (CCO), John Rath (CLO)."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.9,"calibrated_materiality_score":0.9,"market_cap_usd":2872765309.672756,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":220667,"accession_number":"0001193125-24-136926","cik":1178970,"company_name":"PROVIDENT FINANCIAL SERVICES INC","ticker":"PFS","form_type":"8-K","filed_at":"2024-05-13T23:59:59+00:00","items":["1.01","2.03","8.01","9.01"],"status":"ready","headline":"Provident closes $225M subordinated notes offering; Lakeland merger to close May 15","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Completed offering of $225M 9.00% fixed-to-floating subordinated notes due 2034 at par; net proceeds ~$219.3M.","Notes pay 9% semi-annually through May 15, 2029, then floating at 3-month SOFR + 476.5 bps quarterly.","Satisfies regulatory condition for Lakeland Bancorp merger; closing expected May 15, 2024 after market close.","Proceeds invested in Provident Bank as Tier 1 capital; may repay FHLB advances and other debt.","Piper Sandler and KBW acted as joint book-running managers; notes qualify as Tier 2 capital at holding company."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":2872765309.672756,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":220666,"accession_number":"0001193125-24-136204","cik":1178970,"company_name":"PROVIDENT FINANCIAL SERVICES INC","ticker":"PFS","form_type":"8-K","filed_at":"2024-05-10T23:59:59+00:00","items":["1.01","8.01","9.01"],"status":"ready","headline":"Provident Financial Services prices $225M 9% subordinated notes due 2034, upsized from $200M","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["$225M aggregate principal of 9.00% Fixed-to-Floating Rate Subordinated Notes due 2034; upsized from previously announced $200M.","Interest at 9% fixed to May 15, 2029, then floating at Three-Month Term SOFR + 476.5 bps, payable quarterly.","Offering to satisfy regulatory conditions for merger with Lakeland Bancorp; net proceeds invested in Provident Bank.","Notes qualify as Tier 2 capital; redeemable at par after May 15, 2029; mature May 15, 2034.","Joint book-running managers: Piper Sandler & Co. and Keefe, Bruyette & Woods."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":2872765309.672756,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":220665,"accession_number":"0001193125-24-134897","cik":1178970,"company_name":"PROVIDENT FINANCIAL SERVICES INC","ticker":"PFS","form_type":"8-K","filed_at":"2024-05-09T23:59:59+00:00","items":["7.01","8.01","9.01"],"status":"ready","headline":"Provident Financial launches $200M subordinated notes offering due 2034 for Tier 2 capital","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["$200M aggregate principal amount of subordinated notes due 2034 offered in registered public offering.","Notes qualify as Tier 2 capital; proceeds to be invested in Provident Bank for general corporate purposes.","Offering satisfies regulatory conditions tied to the Lakeland Bancorp merger.","Piper Sandler and KBW act as joint book-running managers.","Net proceeds may be used to repay FHLB advances and other indebtedness."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":2872765309.672756,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":220664,"accession_number":"0001193125-24-131310","cik":1178970,"company_name":"PROVIDENT FINANCIAL SERVICES INC","ticker":"PFS","form_type":"8-K","filed_at":"2024-05-06T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Provident Financial gets regulatory approvals for Lakeland merger; must raise $200M sub-debt","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["FDIC, Fed, and NJ DOI approved merger with Lakeland Bancorp; conditions include $200M Tier 2 subordinated debt raise.","Merger agreement extended to June 30, 2024; completion expected in Q2 2024.","Provident Bank must maintain Tier 1 leverage ≥8.5% and total capital ratio ≥11.25% for three years post-merger.","Pro forma consolidated Tier 1 leverage ratio 7.82% and total RBC 12.16% after $200M sub-debt issuance.","Loan portfolio diversification: pro forma CRE (incl. multi-family) / total RBC = 491%, C&D / total RBC = 45.5%."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":2872765309.672756,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":220663,"accession_number":"0001193125-24-131296","cik":1178970,"company_name":"PROVIDENT FINANCIAL SERVICES INC","ticker":"PFS","form_type":"8-K","filed_at":"2024-05-06T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Provident files risk factors and financials for Lakeland merger; exchange ratio 0.8319, $50M termination fee","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Exchange ratio fixed at 0.8319 Provident shares per Lakeland share; no adjustment for price changes.","Termination fee of $50 million payable by either party under certain conditions if deal fails.","DOJ consent order requires Lakeland Bank to invest $12M over 5 years in loan subsidy fund and open two new branches.","Litigation related to merger filed; could delay or prevent completion.","Historical Lakeland financials (audited FY2023, unaudited Q1 2024) and pro forma combined statements filed as Exhibits 99.2-99.4."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":2872765309.672756,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null}],"next_cursor":null}