PFS News and Press, Provident Financial Services Inc From 09/10/22

Summary Each month, we share our dividend income summaries to highlight our growth and progress. We received $842.78 in August dividend income! This was a 3.54% increase compared to August 2021. Despite a low dividend growth rate, I’m pumped up that our dividend income ...

Summary The passive income stream is growing at a rapid pace. Our dividend income was barely up from last year by $39 or 3%. In total, the dividend increase created $9.45 in additional passive dividend income. For further details see: Dividend Income ...

ISELIN, N.J., Aug. 29, 2022 (GLOBE NEWSWIRE) -- Provident Bank , a leading New Jersey-based financial institution, is pleased to announce that Ravi Vakacherla has joined the organization as Executive Vice President, Chief Digital and Innovation Officer. This position redefines the Chief...

Kahn Brothers' 13F portfolio value decreased from ~$788M to ~$743M this quarter. New York Community Bancorp, Citigroup, VOXX International, and ViewRay were increased while decreasing Patterson-UTI Energy during the quarter. The portfolio continues to be very concentrated with the...

Provident Financial Services, Inc. (PFS) Q2 2022 Earnings Conference Call July 29, 2022 10:00 AM ET Company Participants Adriano Duarte - Investor Relations Tony Labozzetta - President and Chief Executive Officer Tom Lyons - Senior Executive Vice President and Ch...

Provident Financial press release ( NYSE: PFS ): Q2 GAAP EPS of $0.53 beats by $0.01 . Revenue of $120.41M (-3.6% Y/Y) beats by $0.29M . For further details see: Provident Financial GAAP EPS of $0.53 beats by $0.01, revenue of $120.41M beats by $0.29M

ISELIN, N.J., July 29, 2022 (GLOBE NEWSWIRE) -- Provident Financial Services, Inc. (NYSE:PFS) (the “Company”) reported net income of $39.2 million, or $0.53 per basic and diluted share for the three months ended June 30, 2022, as compared to $44.0 million, or $0.58 per basic a...

The loan portfolio will likely continue to grow thanks to strong regional job markets. The topline is only moderately sensitive to interest rate changes due to the large balance of savings, money market, and NOW deposits. Higher provisioning is likely following the change in Moody...

AUGUSTA, N.J., July 06, 2022 (GLOBE NEWSWIRE) -- SB One Insurance Agency, a wholly owned subsidiary of Provident Bank, announced the agency has changed its name to Provident Protection Plus . The change aligns the agency’s name with its parent company, Provident Bank, and reflect...

ISELIN, N.J., June 28, 2022 (GLOBE NEWSWIRE) -- Provident Bank , a leading New Jersey-based financial institution, has released the results of its recent consumer inflation survey of 600 adults, aged 18+ that shows how people are adjusting their routine spending and travel habits du...