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Stock impact report

Provident Financial Services: Valuation Reflects Strengths [Seeking Alpha]

Provident Financial Services, Inc (PFS) 
Last provident financial services, inc earnings: 4/30 08:00 am Check Earnings Report
US:NYSE Investor Relations: providentfinancial.com/investors
Company Research Source: Seeking Alpha
PFS benefits from completed Lakeland Bank integration, robust loan growth, and strong credit quality, but deposit growth and NIM expansion are modest. The bank maintains a solid 12.1% CET1 ratio and a secure 4.2% dividend, prioritizing organic growth over M&A or dividend hikes. At 10x 2026 earnings and 1.5x tangible book, PFS appears fairly valued with limited upside, despite attractive fundamentals. aimintang/iStock via Getty Images Shares of Provident Financial Services ( PFS ) have been an excellent performer over the past year, gaining about 24%. The regional bank is seeing increased benefits from past M&A as it realizes targeted synergies, and loan growth is perking up. While credit quality is This article was written by Analyst's Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I Show less Read more
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