---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-26-028665"
form_type: "8-K"
ticker: "PFS"
cik: "0001178970"
company_name: "PROVIDENT FINANCIAL SERVICES INC"
filed_at: "2026-04-30T23:59:59+00:00"
generated_at: "2026-05-15T00:34:08.265666+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Provident Financial Q1 net income $79.4M ($0.61/sh); NPLs rise on senior housing loans

## Summary
- Net income $79.4M ($0.61 EPS) vs $64.0M ($0.49) year ago; revenue $225.2M (+$16.4M YoY).
- Net interest margin 3.40% (down 4bps QoQ, up 6bps YoY); core NIM up 3bps QoQ to 3.04%.
- NPLs to loans 0.73% vs 0.40% prior quarter; $82.1M in four senior housing loans subject to bankruptcy with strong collateral.
- Loan pipeline record $3.11B at 6.24% weighted average rate; commercial loans grew $123.1M annualized.
- Repurchased 588,923 shares for $12.4M ($21.04 avg); tangible book value per share $16.03 (+2.1%).

## SEC filing metadata
- accession: 0001628280-26-028665
- form_type: 8-K
- ticker: PFS
- cik: 0001178970
- company_name: PROVIDENT FINANCIAL SERVICES INC
- filed_at: 2026-04-30T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1178970/000162828026028665/0001628280-26-028665-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1178970/000162828026028665/pfs-20260429.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-26-028665
- JSON: https://secwatch.observer/filing/0001628280-26-028665.json
- Plain text: https://secwatch.observer/filing/0001628280-26-028665.txt

## Key facts
- Earnings Releases
  PROVIDENT FINANCIAL SERVICES INC reported the three months ended March 31, 2026 results: net income $79.4 million, or $0.61 per basic and diluted share.
  - Period: the three months ended March 31, 2026
  - Net income: $79.4 million, or $0.61 per basic and diluted share
  - Result: reported results
  source text: Provident Financial Services, Inc. (NYSE:PFS) (the “Company”) reported net income of $79.4 million, or $0.61 per basic and diluted share for the three months ended March 31, 2026
  evidence_url: https://www.sec.gov/Archives/edgar/data/1178970/000162828026028665/0001628280-26-028665-index.htm

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