PFS Stock Recent News

Dallas, Texas--(Newsfile Corp. - September 12, 2025) - Provident Financial Services Inc (NYSE: PFS): Stonegate Capital Partners initiates their coverage on Provident Financial Services Inc (NYSE: PFS). For 2Q25, Provident Financial Services reported net income of $72.0M, up from $64.0M in 1Q25.

SFBS, WSFS and PFS within the Savings & Loan Industry will gain as the Fed lowers interest rates. Also, digital upgrades will improve operating efficiency.

This news release contains forward-looking information about expected future events that is subject to risks and assumptions set out in the “Cautionary Statement on Forward-Looking Information” below. All figures are in United States dollars unless otherwise stated. All production figures reflect payable metal quantities and are on a 100% basis, unless otherwise stated. For references denoted with NG, refer to the “Non-GAAP Financial Measures” disclosures at the end of this news release for a description of these measures. This news release contains forward-looking information about expected future events that is subject to risks and assumptions set out in the “Cautionary Statement on Forward-Looking Information” below. All figures are in United States dollars unless otherwise stated. All production figures reflect payable metal quantities and are on a 100% basis, unless otherwise stated. For references denoted with NG, refer to the “Non-GAAP Financial Measures” disclos

CION, PFS and NWFL made it to the Zacks Rank #1 (Strong Buy) income stocks list on August 20, 2025.

Provident Financial Services completed its Lakeland Bancorp merger, driving strong growth in deposits, loans, and share price performance. The bank remains attractively valued, trading below peers on earnings and book value multiples, supporting a continued bullish stance. Asset quality is robust, with return on assets and equity exceeding key thresholds and most competitors, despite minor fluctuations in credit metrics.

Provident Financial Services offers a high, sustainable 5.39% dividend yield, but lacks potential for capital gains and dividend growth. I avoid PFS due to its excessive CRE loan concentration (443%), high loan-to-deposit ratio (102%), and deteriorating deposit composition. The bank's balance sheet is inflexible, with slow loan growth and rising non-performing loans, limiting its ability to capitalize on opportunities.

Provident Financial (PFS) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

MDB, NEM, PFS, CODYY and TRMK have been added to the Zacks Rank #1 (Strong Buy) List on July 31, 2025.

PFS, NEM and CODYY made it to the Zacks Rank #1 (Strong Buy) value stocks list on July 31, 2025.

TRMK, NEM and PFS made it to the Zacks Rank #1 (Strong Buy) income stocks list on July 31, 2025.