Highest-materiality recent filing
Provident Financial Q1 net income $79.4M ($0.61/sh); NPLs rise on senior housing loans
Net income $79.4M ($0.61 EPS) vs $64.0M ($0.49) year ago; revenue $225.2M (+$16.4M YoY).
Provident Financial Q4 net income $83.4M ($0.64/sh); full-year net income $291.2M
Q4 net income $83.4M ($0.64/sh) vs $71.7M ($0.55) in Q3 and $48.5M ($0.37) in Q4 2024.
Board authorized tenth buyback; with 814,247 shares remaining, total up to ~2.81M shares (2.15% of outstanding).
Provident CFO Thomas Lyons to retire; will remain as advisor until Jan 2027
Lyons notified of resignation on Jan 13, 2026; effective earlier of June 30, 2026 or successor appointment.
Provident Financial Q3 net income $71.7M, EPS $0.55; record revenue $221.8M
Net income $71.7M ($0.55 diluted EPS) vs $72.0M in Q2 2025 and $46.4M in Q3 2024.
Provident Financial Q2 net income $72M ($0.55 EPS); record revenue $214.2M, NIM expands to 3.36%
Net income $72.0M ($0.55 diluted EPS) vs $64.0M ($0.49) in Q1 and net loss of $11.5M in Q2 2024 (which had $79M merger costs).
Provident Q1 net income $64M, EPS $0.49; declares $0.24 dividend
Net income $64.0M ($0.49/share) vs $48.5M ($0.37) in Q4 2024 and $32.1M ($0.43) in Q1 2024.
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.
Provident posts $46.4M net income in Q3, Lakeland merger complete; declares $0.24 dividend
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.
Provident posts Q2 net loss of $11.5M on Lakeland merger costs; declares $0.24 dividend
Net loss of $11.5M ($0.11 diluted EPS) vs net income of $32.1M in Q1 2024 and $32.0M in Q2 2023.
Provident completes merger with Lakeland Bancorp; combined assets $24.5B
Lakeland shareholders receive 0.8319 PFS shares per share; combined ownership 58% Provident, 42% Lakeland.
Provident closes $225M subordinated notes offering; Lakeland merger to close May 15
Completed offering of $225M 9.00% fixed-to-floating subordinated notes due 2034 at par; net proceeds ~$219.3M.
Provident Financial Services prices $225M 9% subordinated notes due 2034, upsized from $200M
$225M aggregate principal of 9.00% Fixed-to-Floating Rate Subordinated Notes due 2034; upsized from previously announced $200M.
Exchange ratio fixed at 0.8319 Provident shares per Lakeland share; no adjustment for price changes.
Provident Financial gets regulatory approvals for Lakeland merger; must raise $200M sub-debt
FDIC, Fed, and NJ DOI approved merger with Lakeland Bancorp; conditions include $200M Tier 2 subordinated debt raise.
effective as of the Effective Time, Mr. Shara, the President and Chief Executive Officer of Lakeland prior to the Effective Time, was appointed Executive Vice Chairman of Provident.
at the Effective Time, Terence Gallagher and Robert McNerney (the “Resigning Directors”) resigned as members of the Board.
at the Effective Time, Terence Gallagher and Robert McNerney (the “Resigning Directors”) resigned as members of the Board.
Max materiality 0.90 · Median 0.45 · Most common event earnings