Provident Financial Services, Inc. (PFS) is a Financials stock trading at $23.39 (as of 2026-09-02), with a market capitalization of $3.05B and a trailing P/E of 9.8. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.
Provident Financial Services, Inc. operates as the bank holding company for Provident Bank that provides various banking products and services to individuals, families, and businesses in the United States. The company's deposit products include savings, checking, interest-bearing checking, money market deposit, and certificate of deposit accounts, as well as IRA products. Its loan portfolio comprises commercial real estate loans that are secured by properties, such as multi-family apartment buildings, office buildings, and retail and industrial properties; commercial business loans; fixed-rate and adjustable-rate mortgage loans collateralized by one- to four-family residential real estate properties; commercial construction loans; and consumer loans consisting of home equity loans, home equity lines of credit, marine loans, personal loans and unsecured lines of credit, and auto and recreational vehicle loans. The company also offers cash management, remote deposit capture, payroll origination, escrow account management, and online and mobile banking services; and business credit cards. In addition, it provides wealth management services comprising investment management, trust and estate administration, financial planning, tax compliance and planning, and private banking. Further, the company sells insurance and investment products, including annuities; operates as a real estate investment trust for acquiring mortgage loans and other real estate related assets; and manages and sells real estate properties acquired through foreclosure. As of December 31, 2021, it operated 96 full-service branch offices in northern and central New Jersey, as well as in Pennsylvania and New York counties. The company was founded in 1839 and is headquartered in Jersey City, New Jersey.
Provident Financial Services is the holding company for Provident Bank, a community bank selling deposits (checking, savings, CDs) and loans (commercial real estate, business lending) to households and businesses. Revenue is driven by net interest income on those loans, with small wealth and insurance fee streams as a thin overlay.
Profit is the spread between what commercial borrowers pay on real estate and business loans and what depositors earn, with wealth and insurance fees as a minor top layer.
Business quality (Solid): Solid
Valuation: At 10× earnings, PFS trades 24% below the Banking average (13×).
| Price | $23.39 |
| Market Cap | $3.05B |
| P/E Ratio | 9.8 |
| EV / EBITDA | 5.9 |
| Price / Book | 1.05 |
| Price / Sales | 40.03 |
| FCF Yield | 14.1% |
| DCF Value (model) | $42.27 |
| DCF Upside vs Price | 80.7% |
| Revenue (TTM) | $73.11M |
| Net Margin | 398.3% |
| Revenue Growth (YoY) | 7.5% |
| EPS Growth (YoY) | 9.1% |
| FCF Growth (YoY) | -40.5% |
| Stock P/E | 9.8 |
| Sector P/E (Financials) | 14.9 |
| Industry P/E (Banking) | 12.7 |
| vs Sector | -34.6% |
| vs Industry | -23.1% |
| Top Institutional Holder | BlackRock, Inc. ($408.88M) |
| Institutional Holders Tracked | 10 |
| Sector | Financials |
| Industry | Banking |
| CEO | Anthony J. Labozzetta |
| Employees | 1,753 |
| Country | US |
| IPO Date | 2003-01-16 |
Data as of 2026-09-02.
Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.