Provident Financial Services, Inc. (PFS)

NYSE: PFS · Savings Institution, Federally Chartered · Jersey City, NJ · filing with the SEC since 2002

Grade6.2

◀ Past 6.4● Present 5.8▶ Future 6.5

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Income statement, as filed

In thousands of US dollars (USD), as filed; per-share figures in US dollars; share counts. The fiscal year ends in December.

Income statement, by fiscal year, newest first
Fiscal year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Period ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016
Report filed	Feb 27, 2026	Feb 28, 2025	Feb 28, 2024	Mar 1, 2023	Mar 1, 2022	Mar 1, 2021	Mar 2, 2020	Mar 1, 2019	Mar 1, 2018	Mar 1, 2017
Revenue	73,109	68,288	57,525	54,987	57,558	45,532	41,354	37,284	36,481	35,899
For lenders
Interest and dividend income	1,272,774	1,046,138	615,820	466,181	402,339	363,309	371,470	359,829	323,846	302,315
Interest expense on deposits and borrowings	512,209	445,524	216,366	48,629	·	·	·	·	·	·
Net interest income	760,565	600,614	399,454	417,552	366,023	312,570	297,973	300,676	278,202	258,567
Provision for credit losses	4,126	83,588^r	27,904^r	5,004	-24,339	29,719	13,100	23,700	5,600	5,400
Net interest income after provision	756,984	513,050	371,286^r	412,548^r	390,362	282,851	284,873	276,976	272,602	253,167
Noninterest income	109,836	94,113	79,829	87,789	86,809	72,431	63,794	58,676	55,697	55,393
Noninterest expense	458,663	457,548	275,336^r	260,231^r	250,053	227,728	201,579	191,735	187,822	183,778
Interest expense	·	·	216,366	48,629	36,316	50,739	73,497	59,153	45,644	43,748
Income before income taxes	408,157	149,615	175,779	240,106	227,118	127,554	147,088	143,917	140,477	124,782
Income tax expense	116,997	34,090	47,381	64,458	59,197	30,603	34,455	25,530	46,528	36,980
Net income	291,160	115,525	128,398	175,648	167,921	96,951	112,633	118,387	93,949	87,802
Earnings per share, basic	2.23	1.05	1.72	2.35	2.20	1.39	1.74	1.82	1.46	1.38
Earnings per share, diluted	2.23	1.05	1.71	2.35	2.19	1.39	1.74	1.82	1.45	1.38
Weighted average shares, basic	130,462,418	109,668,911	74,844,489	74,700,623	76,471,933	69,548,499	64,604,224	64,942,886	64,384,851	63,643,622
Weighted average shares, diluted	130,507,070	109,712,732	74,873,256	74,782,370	76,560,840	69,625,958	64,734,591	65,103,097	64,579,222	63,851,986

As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. ^r restated by the company in a later report; ^b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.

What each line is, and the XBRL concept behind it

Revenue what customers paid for what it soldus-gaap:RevenueFromContractWithCustomerExcludingAssessedTax

Interest and dividend income what its loans and securities earnedus-gaap:InterestAndDividendIncomeOperating

Interest expense on deposits and borrowings what it paid for the money it lendsus-gaap:InterestExpenseOperating

Net interest income interest earned less interest paidus-gaap:InterestIncomeExpenseNet

Provision for credit losses set aside for loans that may not be repaid

us-gaap:ProvisionForLoanLossesExpensed
us-gaap:ProvisionForLoanAndLeaseLosses

Net interest income after provision interest income left after the provisionus-gaap:InterestIncomeExpenseAfterProvisionForLoanLoss

Noninterest income fees and other income that is not interestus-gaap:NoninterestIncome

Noninterest expense salaries, buildings and the other costs of running the bankus-gaap:NoninterestExpense

Interest expense what its borrowing costus-gaap:InterestExpense

Income before income taxes profit before tax

us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments

Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit

Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss

Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic

Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted

Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic

Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding

SI Assistanton PFS · research, not advice