secwatch.observer — SEC 8-K summary
======================================

Issuer:     PROVIDENT FINANCIAL SERVICES INC (PFS)
CIK:        0001178970
Form:       8-K
Filed at:   2025-01-29T23:59:59+00:00
Accession:  0001628280-25-002939
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Provident Financial Q4 net income $48.5M, $0.37 EPS; asset quality improves, deposits grow
--------------------------------------------------------------------------------

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1178970/000162828025002939/0001628280-25-002939-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1178970/000162828025002939/pfs-20250128.htm
  HTML page:      https://secwatch.observer/filing/0001628280-25-002939

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer