{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-23-026028","form_type":"8-K","ticker":"PFS","cik":"0001178970","company_name":"PROVIDENT FINANCIAL SERVICES INC","filed_at":"2023-07-28T23:59:59+00:00","discovered_at":"2026-05-14T18:03:33.325507+00:00","generated_at":"2026-06-12T22:50:54.192051+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Provident Financial Q2 net income falls to $32M ($0.43 EPS) on margin compression, higher provision","bullets":["Net income $32.0M ($0.43 EPS) vs $40.5M ($0.54) in Q1 and $39.2M ($0.53) YoY.","Net interest margin fell 37 bps to 3.11%; loan growth $306.3M to $10.53B.","Provision for credit losses $10.4M (vs $6.0M in Q1) due to worsened economic forecast.","Merger with Lakeland pending; $2.0M merger expenses in Q2; regulatory process ongoing.","Declared $0.24 quarterly dividend, payable Aug 25 to holders of record Aug 11."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-23-026028","json":"https://secwatch.observer/filing/0001628280-23-026028.json","markdown":"https://secwatch.observer/filing/0001628280-23-026028.md","text":"https://secwatch.observer/filing/0001628280-23-026028.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1178970/000162828023026028/0001628280-23-026028-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1178970/000162828023026028/pfs-20230727.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-12T22:50:54.192051+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"93033ae1fd80c746bbaa07038828be8a55c1ea2b","claim":"PROVIDENT FINANCIAL SERVICES INC reported the three and six months ended June 30, 2023 results: net income net income of $32.0 million, or $0.43 per basic and diluted share for the three months ended June 30, 2023, EPS $0.43 per basic and diluted share.","evidence_excerpt":"On July 27, 2023, Provident Financial Services, Inc. (the “Company”) issued a press release reporting its financial results for the three and six months ended June 30, 2023.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1178970/000162828023026028/0001628280-23-026028-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the three and six months ended June 30, 2023"},{"label":"Net income","value":"net income of $32.0 million, or $0.43 per basic and diluted share for the three months ended June 30, 2023"},{"label":"EPS","value":"$0.43 per basic and diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}