earnings
confidence high
sentiment positive
materiality 0.75
Provident Financial Q3 net income $71.7M, EPS $0.55; record revenue $221.8M
PROVIDENT FINANCIAL SERVICES INC
2025-Q3 EPS reported
$1.59
revenue$55,114,000
- 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.