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

Issuer:     PROVIDENT FINANCIAL SERVICES INC (PFS)
CIK:        0001178970
Form:       8-K
Filed at:   2026-07-30T15:42:02+00:00
Accession:  0001628280-26-050914
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Provident Financial Q2 net income $78.1M ($0.60 EPS); core PPNR record $117.8M
------------------------------------------------------------------------------

- Net income $78.1M ($0.60 diluted) vs $72.0M ($0.55) in Q2 2025; six-month net income $157.6M ($1.21) up 16% YoY.
- Core net interest margin expanded to 3.09% (excl. purchase accounting), up 16 bps YoY; net interest margin 3.48%.
- Record non-interest income $32.0M, up $4.9M YoY, driven by loan fees, wealth management, and insurance.
- Commercial loans grew 9.9% annualized; loan pipeline record $3.17B at 6.33% weighted average rate.
- Non-performing loans $136.9M (0.68% of loans) vs $78.4M (0.40%) at Dec 2025; net charge-offs 0.04% annualized.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1178970/000162828026050914/0001628280-26-050914-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1178970/000162828026050914/pfs-20260729.htm
  HTML page:      https://secwatch.observer/filing/0001628280-26-050914

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