---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-24-044267"
form_type: "8-K"
ticker: "PFS"
cik: "0001178970"
company_name: "PROVIDENT FINANCIAL SERVICES INC"
filed_at: "2024-10-30T23:59:59+00:00"
generated_at: "2026-05-30T08:02:00.527706+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Provident posts $46.4M net income in Q3, Lakeland merger complete; declares $0.24 dividend

## Summary
- 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.

## SEC filing metadata
- accession: 0001628280-24-044267
- form_type: 8-K
- ticker: PFS
- cik: 0001178970
- company_name: PROVIDENT FINANCIAL SERVICES INC
- filed_at: 2024-10-30T23:59:59+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/1178970/000162828024044267/0001628280-24-044267-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1178970/000162828024044267/pfs-20241029.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-24-044267
- JSON: https://secwatch.observer/filing/0001628280-24-044267.json
- Plain text: https://secwatch.observer/filing/0001628280-24-044267.txt

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