ISELIN, N.J., Nov. 21, 2024 (GLOBE NEWSWIRE) -- Provident Bank, a leading New Jersey-based financial institution, is pleased to announce that Kim Strignile has joined the Human Resources team as Senior Vice President, HR Business Partner Director. Ms. Strignile will lead the bank's HR Business Partner and Talent Acquisition teams, playing a pivotal role in driving its people strategy. In addition, Ms. Strignile will serve as a trusted advisor and change agent, collaborating closely with Provident's leadership team to cultivate a high-performing culture and enhance the employee experience. Together with her team, she will champion a culture of continuous growth and development. "Kim is

PLYMOUTH MEETING, Pa., Nov. 19, 2024 (GLOBE NEWSWIRE) -- Provident Bank, a leading community-focused financial institution, is pleased to announce the addition of six experienced lenders in the commercial banking space: Matthew Moresco, Matthew Skilton, Gerald Bresser, Michael Valenzano, Patrick Beaner, and Daniel Decker. These strategic hires come as part of the company's efforts to strengthen its presence and commitment to businesses throughout eastern Pennsylvania. These individuals possess more than 100 years of combined experience in the financial services industry, bringing deep market knowledge, and proven operational success to their respective roles. Each new team member will dri

ISELIN, N.J., Nov. 12, 2024 (GLOBE NEWSWIRE) -- Provident Bank, a leading New Jersey-based financial institution, is pleased to announce the addition of Mohamed Najam as Vice President, Senior Relationship Manager with the bank's mortgage warehouse lending team, as the bank continues to bolster its specialty lending business, specifically in the mortgage warehouse space. Mr. Najam is responsible for developing new and profitable warehouse lending relationships in the Northeast, Mid-Atlantic, and Southeast regions. This includes prospecting for new clients via direct solicitation, centers of influence, existing customers and other referral sources. In addition, he will service and maintain

ISELIN, N.J., Oct. 29, 2024 (GLOBE NEWSWIRE) -- Provident Financial Services, Inc. (NYSE:PFS) (the "Company") reported net income of $46.4 million, or $0.36 per basic and diluted share for the three months ended September 30, 2024, compared to a net loss of $11.5 million, or $0.11 per basic and diluted share, for the three months ended June 30, 2024 and net income of $28.5 million, or $0.38 per basic and diluted share, for the three months ended September 30, 2023. For the nine months ended September 30, 2024, net income totaled $67.0 million, or $0.65 per basic and diluted share, compared to $101.1 million, or $1.35 per basic and diluted share, for the nine months ended September 30, 2023

ISELIN, N.J., Oct. 01, 2024 (GLOBE NEWSWIRE) -- Provident Financial Services, Inc. (NYSE:PFS) announced that it expects to release financial results for the quarter ended September 30, 2024 on Tuesday, October 29, 2024 after market close. A copy of the earnings release will be immediately available on the Company's website, www.Provident.Bank, by going to Investor Relations and clicking on Press Releases. Representatives of the Company will hold a conference call for investors on October 30, 2024 at 10:00 a.m. (ET) to discuss the Company's third quarter financial results. Information about the conference call is as follows:  North America Toll-Free:(888) 412-4131 International Toll:+1 (64

AUGUSTA, NJ.., Sept. 30, 2024 (GLOBE NEWSWIRE) -- Provident Protection Plus, a full-service insurance agency that offers comprehensive insurance programs to protect businesses, their employees, and consumers, has announced that it has retained its Best Practices status for 2024, joining an elite group of independent insurance agencies from across the U.S. The Best Practices agency designation is awarded to participants in the Best Practices Study, which analyzes and documents the business practices of the industry's highest-performing insurance agencies. Over 2,600 independent agencies throughout the country were nominated for the selection process. For the 2024 study year, less than 10%

ISELIN, N.J., Sept. 23, 2024 (GLOBE NEWSWIRE) -- Provident Bank, a leading New Jersey-based financial institution, is pleased to announce that Vivin Varghese has joined the organization as Senior Vice President, Chief Information Security Officer (CISO). Mr. Varghese will play a critical role in providing vision, leadership, oversight, and management of the overall information and cybersecurity policies, procedures, and practices of the organization and its subsidiaries. He will also advise the bank's Executive Leadership Team and staff on the appropriate administration of information security standards, assisting in developing plans within business units to manage risks effectively by un

ISELIN, N.J., July 25, 2024 (GLOBE NEWSWIRE) -- Provident Financial Services, Inc. (NYSE:PFS) (the "Company") reported a net loss of $11.5 million, or $0.11 per basic and diluted share for the three months ended June 30, 2024, compared to net income of $32.1 million, or $0.43 per basic and diluted share, for the three months ended March 31, 2024 and $32.0 million, or $0.43 per basic and diluted share, for the three months ended June 30, 2023. For the six months ended June 30, 2024, net income totaled $20.6 million, or $0.23 per basic and diluted share, compared to $72.5 million, or $0.97 per basic and diluted share, for the six months ended June 30, 2023. On May 16, 2024, the Company comp

Will lead sales efforts for Middle Market Healthcare Services Provident Bank, a leading New Jersey-based financial institution, is pleased to announce that Vik Venkataraman has joined the organization as a Senior Relationship Manager to lead Provident's expansion in the middle-market healthcare services space. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240711627381/en/(Photo: Business Wire) "I am pleased to welcome Vik to the team," said Roberto Camacho, Senior Vice President, Team Leader, Healthcare & Not-for-Profit Banking. "Vik's depth and breadth of knowledge of the healthcare industry and his extensive network will be

ISELIN, N.J., July 01, 2024 (GLOBE NEWSWIRE) -- Provident Financial Services, Inc. (NYSE:PFS) announced that it expects to release financial results for the quarter ended June 30, 2024 on Thursday, July 25, 2024 after market close. A copy of the earnings release will be immediately available on the Company's website, www.Provident.Bank, by going to Investor Relations and clicking on Press Releases. Representatives of the Company will hold a conference call for investors on July 26, 2024 at 10:00 a.m. (ET) to discuss the Company's second quarter financial results. Information about the conference call is as follows: North America Toll-Free: (888) 412-4131North America Toll: (646)

ISELIN, N.J., Oct. 29, 2024 (GLOBE NEWSWIRE) -- Provident Financial Services, Inc. (NYSE:PFS) (the "Company") reported net income of $46.4 million, or $0.36 per basic and diluted share for the three months ended September 30, 2024, compared to a net loss of $11.5 million, or $0.11 per basic and diluted share, for the three months ended June 30, 2024 and net income of $28.5 million, or $0.38 per basic and diluted share, for the three months ended September 30, 2023. For the nine months ended September 30, 2024, net income totaled $67.0 million, or $0.65 per basic and diluted share, compared to $101.1 million, or $1.35 per basic and diluted share, for the nine months ended September 30, 2023

ISELIN, N.J., Oct. 01, 2024 (GLOBE NEWSWIRE) -- Provident Financial Services, Inc. (NYSE:PFS) announced that it expects to release financial results for the quarter ended September 30, 2024 on Tuesday, October 29, 2024 after market close. A copy of the earnings release will be immediately available on the Company's website, www.Provident.Bank, by going to Investor Relations and clicking on Press Releases. Representatives of the Company will hold a conference call for investors on October 30, 2024 at 10:00 a.m. (ET) to discuss the Company's third quarter financial results. Information about the conference call is as follows:  North America Toll-Free:(888) 412-4131 International Toll:+1 (64

ISELIN, N.J., July 25, 2024 (GLOBE NEWSWIRE) -- Provident Financial Services, Inc. (NYSE:PFS) (the "Company") reported a net loss of $11.5 million, or $0.11 per basic and diluted share for the three months ended June 30, 2024, compared to net income of $32.1 million, or $0.43 per basic and diluted share, for the three months ended March 31, 2024 and $32.0 million, or $0.43 per basic and diluted share, for the three months ended June 30, 2023. For the six months ended June 30, 2024, net income totaled $20.6 million, or $0.23 per basic and diluted share, compared to $72.5 million, or $0.97 per basic and diluted share, for the six months ended June 30, 2023. On May 16, 2024, the Company comp

ISELIN, N.J., July 01, 2024 (GLOBE NEWSWIRE) -- Provident Financial Services, Inc. (NYSE:PFS) announced that it expects to release financial results for the quarter ended June 30, 2024 on Thursday, July 25, 2024 after market close. A copy of the earnings release will be immediately available on the Company's website, www.Provident.Bank, by going to Investor Relations and clicking on Press Releases. Representatives of the Company will hold a conference call for investors on July 26, 2024 at 10:00 a.m. (ET) to discuss the Company's second quarter financial results. Information about the conference call is as follows: North America Toll-Free: (888) 412-4131North America Toll: (646)

ISELIN, N.J., April 18, 2024 (GLOBE NEWSWIRE) -- Provident Financial Services, Inc. (NYSE:PFS) (the "Company") reported net income of $32.1 million, or $0.43 per basic and diluted share for the three months ended March 31, 2024, compared to $27.3 million, or $0.36 per basic and diluted share, for the three months ended December 31, 2023 and $40.5 million, or $0.54 per basic and diluted share, for the three months ended March 31, 2023. Net income for the trailing quarter ended December 31, 2023 was negatively impacted by a $3.0 million charge for contingent litigation reserves and a $2.0 million write-down of a foreclosed property. Transaction costs related to our pending merger with Lakela

ISELIN, N.J., April 11, 2024 (GLOBE NEWSWIRE) -- Provident Financial Services, Inc. (NYSE:PFS) announced that it expects to release financial results for the quarter ended March 31, 2024 on Thursday, April 18, 2024 after market close. A copy of the earnings release will be immediately available on the Company's website, www.Provident.Bank, by going to Investor Relations and clicking on Press Releases. Representatives of the Company will hold a conference call for investors on April 19, 2024 at 10:00 a.m. (ET) to discuss the Company's first quarter financial results. Information about the conference call is as follows:  North America Toll-Free:(888) 412-4131 North America To

ISELIN, N.J., Jan. 25, 2024 (GLOBE NEWSWIRE) -- Provident Financial Services, Inc. (NYSE:PFS) (the "Company") reported net income of $27.3 million, or $0.36 per basic and diluted share for the three months ended December 31, 2023, compared to $28.5 million, or $0.38 per basic and diluted share, for the three months ended September 30, 2023 and $49.0 million, or $0.66 per basic and diluted share, for the three months ended December 31, 2022. For the year ended December 31, 2023, net income totaled $128.4 million, or $1.72 per basic share and $1.71 per diluted share, compared to $175.6 million, or $2.35 per basic and diluted share, for the year ended December 31, 2022. Net income for the thr

ISELIN, N.J., Jan. 02, 2024 (GLOBE NEWSWIRE) -- Provident Financial Services, Inc. (NYSE:PFS) announced that it expects to release financial results for the quarter and year ended December 31, 2023 on Thursday, January 25, 2024 after market close. A copy of the earnings release will be immediately available on the Company's website, www.Provident.Bank, by going to Investor Relations and clicking on Press Releases. Representatives of the Company will hold a conference call for investors on January 26, 2024 at 10:00 a.m. (ET) to discuss the Company's fourth quarter and full year financial results. Information about the conference call is as follows: Participant Toll-Free Dial-In Number:1-88

ISELIN, N.J., Oct. 26, 2023 (GLOBE NEWSWIRE) -- Provident Financial Services, Inc. (NYSE:PFS) (the "Company") reported net income of $28.5 million, or $0.38 per basic and diluted share for the three months ended September 30, 2023, compared to $32.0 million, or $0.43 per basic and diluted share, for the three months ended June 30, 2023 and $43.4 million, or $0.58 per basic and diluted share, for the three months ended September 30, 2022. For the nine months ended September 30, 2023, net income totaled $101.1 million, or $1.35 per basic and diluted share, compared to $126.6 million, or $1.69 per basic and diluted share, for the nine months ended September 30, 2022. Compared with the prior y

ISELIN, N.J., Oct. 02, 2023 (GLOBE NEWSWIRE) -- Provident Financial Services, Inc. (NYSE:PFS) announced that it expects to release financial results for the quarter ended September 30, 2023 on Thursday, October 26, 2023 after market close. A copy of the earnings release will be immediately available on the Company's website, www.Provident.Bank, by going to Investor Relations and clicking on Press Releases. Representatives of the Company will hold a conference call for investors on October 27, 2023 at 10:00 a.m. (ET) to discuss the Company's third quarter financial results. Information about the conference call is as follows: Participant Toll-Free Dial-In Number:1-888-412-4131Participant T

Iselin, New Jersey, Dec. 03, 2020 (GLOBE NEWSWIRE) -- Provident Bank, a leading New Jersey-based financial institution, announced today a number of key leadership appointments following the completion of its merger with SB One Bank. The appointments leverage the talents and expertise of several executives, while creating synergies within the newly combined company. Vanessa Easse has been appointed to the position of Vice President and Director of Retail Operations. Ms. Easse is responsible for leading and directing all aspects of retail banking operations, and determining the operational plans and projects that best support the division’s objectives and business plan. In addition, she wi

4 - PROVIDENT FINANCIAL SERVICES INC (0001178970) (Issuer)

4 - PROVIDENT FINANCIAL SERVICES INC (0001178970) (Issuer)

4 - PROVIDENT FINANCIAL SERVICES INC (0001178970) (Issuer)

4 - PROVIDENT FINANCIAL SERVICES INC (0001178970) (Issuer)

4 - PROVIDENT FINANCIAL SERVICES INC (0001178970) (Issuer)

4 - PROVIDENT FINANCIAL SERVICES INC (0001178970) (Issuer)

4 - PROVIDENT FINANCIAL SERVICES INC (0001178970) (Issuer)

4 - PROVIDENT FINANCIAL SERVICES INC (0001178970) (Issuer)

4 - PROVIDENT FINANCIAL SERVICES INC (0001178970) (Issuer)

4 - PROVIDENT FINANCIAL SERVICES INC (0001178970) (Issuer)

Keefe Bruyette upgraded Provident Finl from Mkt Perform to Outperform and set a new price target of $21.00 from $20.00 previously

DA Davidson upgraded Provident Finl from Neutral to Buy and set a new price target of $20.00 from $15.00 previously

Piper Sandler upgraded Provident Finl from Neutral to Overweight and set a new price target of $20.00

Piper Sandler downgraded Provident Finl from Overweight to Neutral and set a new price target of $26.00

Royal Bank of Canada upgraded Provident Financial Services from Sector Perform to Outperform and set a new price target of $26.00 from $23.00 previously

RBC Capital upgraded Provident Financial from Sector Perform to Outperform and set a new price target of $26.00 from $23.00 previously

Royal Bank of Canada upgraded Provident Financial Services from Sector Perform to Outperform

Barclays resumed coverage of Provident Financial Services with a rating of Overweight

Boenning Scattergood downgraded Provident Financial Services from Outperform to Neutral

RBC Capital analyst Jon Arfstrom maintains Provident Finl Servs (NYSE:PFS) with a Outperform and lowers the price target from $19 to $18.

RBC Capital analyst Steven Duong maintains Provident Finl Servs (NYSE:PFS) with a Outperform and raises the price target from $18 to $19.

DA Davidson analyst Manuel Navas upgrades Provident Finl Servs (NYSE:PFS) from Neutral to Buy and raises the price target from $15 to $20.

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A fresh unexpected surge in inflation blindsided markets, shattering hopes for imminent Fed rate cuts and sending stocks down across the board. In March 2024, the annual Consumer Price Index (CPI) inflation rate surged to 3.5%, up from February’s 3.2%, surpassing expectations set at 3.4%. Adding to concerns, core inflation, which excludes energy and food, also exceeded expectations, reaching 3.8% compared to the anticipated 3.7%, dismissing any justifications solely attributed to higher gasoline price pressures. Consequently, investors sharply revised down their expectations for Fed rate cuts, now anticipating the commencement of any easing policy no earlier than September, with less

4 analysts have expressed a variety of opinions on Provident Finl Servs (NYSE:PFS) over the past quarter, offering a diverse set of opinions from bullish to bearish. Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 0 2 2 0 0 Last 30D 0 1 0 0 0 1M Ago 0 1 2 0 0 2M Ago 0 0 0 0 0 3M Ago 0 0 0 0 0 The 12-month price targets assessed by analysts reveal further insights, featuring an average target of $17.25, a high estimate of $19.00, and a low estimate of $15.00. Observing a downward trend, the curr