---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-23-001641"
form_type: "8-K"
ticker: "PFS"
cik: "0001178970"
company_name: "PROVIDENT FINANCIAL SERVICES INC"
filed_at: "2023-01-27T23:59:59+00:00"
generated_at: "2026-06-20T07:04:27.590045+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Provident Financial reports record Q4 net income of $49.0M, $0.66 EPS; NIM expands to 3.62%

## Summary
- Q4 net income $49.0M ($0.66/diluted share) vs $43.4M ($0.58) in Q3 and $37.3M ($0.49) in Q4 2021.
- Full year 2022 net income $175.6M ($2.35/diluted share) vs $167.9M ($2.20) in 2021.
- Net interest margin expanded 11 bps QoQ to 3.62%; commercial loan growth annualized 9.7% in Q4.
- Declared $0.24 quarterly dividend, payable Feb 24, 2023 to holders of record Feb 10, 2023.
- Quarter included $1.2M in non-tax deductible merger costs for pending Lakeland merger.

## SEC filing metadata
- accession: 0001628280-23-001641
- form_type: 8-K
- ticker: PFS
- cik: 0001178970
- company_name: PROVIDENT FINANCIAL SERVICES INC
- filed_at: 2023-01-27T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1178970/000162828023001641/0001628280-23-001641-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1178970/000162828023001641/pfs-20230127.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-23-001641
- JSON: https://secwatch.observer/filing/0001628280-23-001641.json
- Plain text: https://secwatch.observer/filing/0001628280-23-001641.txt

## Key facts
- Earnings Releases
  PROVIDENT FINANCIAL SERVICES INC reported the three months ended December 31, 2022 results: net income $49.0 million, EPS $0.66 per basic and diluted share.
  - Period: the three months ended December 31, 2022
  - Net income: $49.0 million
  - EPS: $0.66 per basic and diluted share
  - Result: reported results
  source text: Provident Financial Services, Inc. (NYSE:PFS) (the “Company”) reported net income of $49.0 million, or $0.66 per basic and diluted share for the three months ended December 31, 2022
  evidence_url: https://www.sec.gov/Archives/edgar/data/1178970/000162828023001641/0001628280-23-001641-index.htm
- Earnings Releases
  PROVIDENT FINANCIAL SERVICES INC reported the year ended December 31, 2022 results: net income $175.6 million, EPS $2.35 per basic and diluted share.
  - Period: the year ended December 31, 2022
  - Net income: $175.6 million
  - EPS: $2.35 per basic and diluted share
  - Result: reported results
  source text: For the year ended December 31, 2022, net income totaled $175.6 million, or $2.35 per basic and diluted share
  evidence_url: https://www.sec.gov/Archives/edgar/data/1178970/000162828023001641/0001628280-23-001641-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.