Provident Financial Services Q1 Net Income, Revenue Increase

MT Newswires Live

Apr 25, 2025

Provident Financial Services (PFS) reported Q1 net income Thursday of $0.49 per diluted share, up from $0.43 a year earlier.

Analysts polled by FactSet expected $0.47.

Revenue for the quarter ended March 31, expressed as the sum of net interest income and total noninterest income, was $208.8 million, up from $114.5 million a year earlier.

Three analysts surveyed by FactSet expected $207.0 million.

The bank also said it is keeping a quarterly dividend of $0.24 per share, payable on May 30 to shareholders of record as of May 16.

Shares of the company were up almost 2% in Thursday's after-hours activity.

Price: 17.20, Change: +0.32, Percent Change: +1.90

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