Provident Financial Services (PFS) Expected to Release Earnings on Wednesday

Provident Financial Services (NYSE:PFS) is projected to announce its Q2 2026 results before the market opens on Wednesday, July 29th. Analysts expect the company to post earnings of $0.56 per share and revenue of $225.5740 million for the quarter. Interested persons can find conference call details on the company’s upcoming Q2 2026 earning results page for the latest details on the call scheduled for Thursday, July 30, 2026 at 10:00 AM ET.

Provident Financial Services (NYSE:PFS) last released its earnings results on Thursday, April 30th. The savings and loans company reported $0.61 earnings per share for the quarter, topping analysts’ consensus estimates of $0.55 by $0.06. Provident Financial Services had a return on equity of 10.98% and a net margin of 21.95%.The company had revenue of $225.20 million during the quarter, compared to the consensus estimate of $225.62 million. During the same quarter in the previous year, the company posted $0.49 EPS. Provident Financial Services’s quarterly revenue was up 7.9% compared to the same quarter last year. On average, analysts expect Provident Financial Services to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Provident Financial Services Stock Down 0.1%

Shares of NYSE PFS opened at $23.86 on Monday. Provident Financial Services has a one year low of $17.61 and a one year high of $24.56. The company has a debt-to-equity ratio of 1.03, a current ratio of 1.04 and a quick ratio of 1.04. The firm’s 50 day simple moving average is $23.04 and its two-hundred day simple moving average is $22.15. The stock has a market capitalization of $3.11 billion, a P/E ratio of 10.15 and a beta of 0.78.

Provident Financial Services Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, May 29th. Stockholders of record on Friday, May 15th were paid a $0.24 dividend. The ex-dividend date of this dividend was Friday, May 15th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 4.0%. Provident Financial Services’s dividend payout ratio is 40.85%.

Analyst Ratings Changes

PFS has been the subject of several analyst reports. DA Davidson restated a “neutral” rating and set a $23.00 price target on shares of Provident Financial Services in a research report on Friday, May 1st. Stephens initiated coverage on Provident Financial Services in a report on Monday, June 8th. They issued an “equal weight” rating and a $24.00 price objective on the stock. Raymond James Financial boosted their target price on Provident Financial Services from $25.00 to $27.00 and gave the company a “strong-buy” rating in a research note on Wednesday, July 1st. Weiss Ratings upgraded Provident Financial Services from a “buy (b-)” rating to a “buy (b)” rating in a report on Friday, May 1st. Finally, Keefe, Bruyette & Woods raised their price target on Provident Financial Services from $25.00 to $26.00 and gave the stock an “outperform” rating in a research report on Friday, May 1st. Two research analysts have rated the stock with a Strong Buy rating, two have given a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $25.00.

Insiders Place Their Bets

In other Provident Financial Services news, CEO George Lista sold 2,556 shares of the firm’s stock in a transaction on Friday, May 8th. The shares were sold at an average price of $22.40, for a total value of $57,254.40. Following the sale, the chief executive officer owned 109,262 shares of the company’s stock, valued at $2,447,468.80. This trade represents a 2.29% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 3.02% of the stock is owned by insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the business. EverSource Wealth Advisors LLC raised its position in Provident Financial Services by 358.0% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,548 shares of the savings and loans company’s stock valued at $27,000 after purchasing an additional 1,210 shares during the last quarter. Kemnay Advisory Services Inc. purchased a new position in shares of Provident Financial Services during the fourth quarter valued at approximately $33,000. Danske Bank A S purchased a new position in shares of Provident Financial Services during the third quarter valued at approximately $58,000. Russell Investments Group Ltd. raised its holdings in shares of Provident Financial Services by 227.6% during the second quarter. Russell Investments Group Ltd. now owns 6,926 shares of the savings and loans company’s stock valued at $121,000 after acquiring an additional 4,812 shares in the last quarter. Finally, Cerity Partners LLC bought a new position in shares of Provident Financial Services during the second quarter valued at approximately $177,000. Hedge funds and other institutional investors own 71.97% of the company’s stock.

About Provident Financial Services

Provident Financial Services, Inc is the bank holding company for Provident Bank, a regional commercial bank headquartered in Jersey City, New Jersey. The company operates a network of full-service branches across New Jersey, the New York metropolitan area and eastern Pennsylvania, offering a range of personal and business banking solutions.

Its core products and services include checking and savings accounts, consumer and residential mortgage loans, commercial real estate financing and small-business lending.