Provident Financial Services posted a solid Q4 2025, achieving record revenue of $225.7 million and net income of $83.4 million. The company saw increases in net interest income, improved asset quality, and higher tangible book value per share.

Provident Financial Services delivered an impressive performance in the third quarter of 2025, achieving record revenues and pre-tax, pre-provision earnings. The company reported net income of $71.7 million, or $0.55 per basic and diluted share, demonstrating responsible growth in earning assets and deposits, while enhancing operational efficiency and maintaining strong asset quality.

Provident Financial Services, Inc. reported a net income of $64.0 million, or $0.49 per basic and diluted share for the first quarter of 2025. This represents a significant increase compared to the previous quarter and the same period last year, driven by favorable repricing of deposits and the integration of Lakeland Bancorp, Inc.

Provident Financial Services, Inc. reported a net income of $48.5 million, or $0.37 per basic and diluted share, for the three months ended December 31, 2024, compared to $27.3 million, or $0.36 per basic and diluted share, for the three months ended December 31, 2023. The company's performance was positively impacted by the May 16, 2024 merger with Lakeland Bancorp, Inc.

Provident Financial Services reported a net income of $46.4 million, or $0.36 per basic and diluted share, for the third quarter of 2024. The results reflect the impact of the merger with Lakeland Bancorp, contributing to increased net interest income and non-interest income. The company is optimistic about continued improvement as merger synergies are realized.

Provident Financial Services, Inc. reported a net loss of $11.5 million for Q2 2024, impacted by merger-related costs and an initial CECL provision for credit losses from the Lakeland merger. However, core businesses, credit quality, and risk management remained strong, with fee-based wealth management and insurance agency teams performing well.

Provident Financial Services, Inc. reported a net income of $32.1 million, or $0.43 per basic and diluted share, for the quarter ended March 31, 2024. The company's commercial and industrial loan portfolio increased, and asset quality improved during the quarter.

Provident Financial Services, Inc. reported a net income of $27.3 million, or $0.36 per basic and diluted share, for the three months ended December 31, 2023. The company's total loan portfolio increased by $206.1 million, or 7.7% annualized, reaching $10.87 billion. The pending merger with Lakeland Bancorp, Inc. has been extended to March 31, 2024, to allow additional time for regulatory approvals.

Provident Financial Services, Inc. reported a net income of $28.5 million, or $0.38 per basic and diluted share, for the three months ended September 30, 2023. The company's total loan portfolio increased to $10.67 billion. Net interest income decreased to $96.2 million due to higher funding costs. Asset quality improved, with non-performing loans declining to 0.37% of total loans.

Provident Financial Services, Inc. reported a net income of $32.0 million, or $0.43 per basic and diluted share, for the three months ended June 30, 2023. The total loan portfolio increased by $306.3 million, or 12.0% annualized, reaching $10.53 billion. Net interest income decreased to $99.1 million due to higher funding costs. The company declared a quarterly cash dividend of $0.24 per common share.

Provident Financial Services reported a net income of $40.5 million, or $0.54 per basic and diluted share, for the three months ended March 31, 2023. The results were negatively impacted by merger-related expenses and costs associated with maintaining additional on-balance sheet liquidity, but the balance sheet, deposit franchise, liquidity, and capital position remained strong.

Provident Financial Services reported strong financial results for Q4 2022, with record net income and net interest income. The net interest margin expanded, and commercial loan growth remained strong.

Provident Financial Services, Inc. reported net income of $43.4 million, or $0.58 per basic and diluted share for the three months ended September 30, 2022. The net interest margin expanded 30 basis points from the trailing quarter as loan yields increased, and benefited from deployment of cash balances into loan growth, while continuing to manage funding costs.

Provident Financial Services, Inc. reported a net income of $39.2 million, or $0.53 per basic and diluted share for the three months ended June 30, 2022. The company's total commercial loan portfolio, excluding Paycheck Protection Program (PPP) loans, increased $350.9 million, or 17.3% annualized. Net interest income increased $4.9 million to $99.5 million.

Provident Financial Services, Inc. reported a strong first quarter with a net income of $44.0 million, or $0.58 per basic and diluted share. The company saw solid commercial loan growth and an expansion of the net interest margin. Credit quality also improved, contributing to a negative provision in the quarter.

Provident Financial Services, Inc. reported a net income of $37.3 million, or $0.49 per basic and diluted share for the quarter ended December 31, 2021, compared to net income of $40.6 million, or $0.53 per basic and diluted share for the quarter ended December 31, 2020. The results were favorably impacted by growth in average interest earning assets and the deployment of liquidity into earning assets.

Provident Financial Services, Inc. reported a strong third quarter with net income of $37.3 million, or $0.49 per basic and diluted share, compared to $27.1 million, or $0.37 per basic and diluted share, for the same period last year. The results were driven by improved economic conditions, lower credit loss allowance requirements and growth in average interest earning assets.

Provident Financial Services reported a strong second quarter with net income of $44.8 million, or $0.58 per share, compared to $14.3 million, or $0.22 per share, for the same period last year. The results were driven by improved economic conditions, lower credit loss provisions, and contributions from the SB One Bancorp merger. The company experienced record revenues and net interest income, along with growth in non-interest bearing deposits.

Provident Financial Services reported a net income of $48.6 million, or $0.63 per basic and diluted share, for the three months ended March 31, 2021. The results were aided by an improved economic outlook, lower allowance for credit loss requirements, and the acquisition of SB One Bancorp.

Provident Financial Services, Inc. reported a solid fourth quarter, reflecting positive contributions from the merger with SB One. The company's net income for the quarter ended December 31, 2020, was $40.6 million, or $0.53 per basic and diluted share, compared to $26.0 million, or $0.40 per basic and diluted share for the quarter ended December 31, 2019.

Provident Financial Services, Inc. reported a net income of $27.1 million, or $0.37 per basic and diluted share, for the three months ended September 30, 2020. This compares to a net income of $31.4 million, or $0.49 per basic and diluted share, for the three months ended September 30, 2019. The results were impacted by the acquisition of SB One Bancorp, the adoption of CECL, and COVID-19 related costs.

Provident Financial Services reported a decrease in net income for the second quarter of 2020, impacted by elevated provisions for credit losses and expenses related to the pending acquisition of SB One Bancorp and COVID-19 related costs. However, asset quality improved during the quarter, and many borrowers resumed making full payments.

Provident Financial Services, Inc. reported a net income of $14.9 million, or $0.23 per basic and diluted share, for the three months ended March 31, 2020. This is compared to a net income of $30.9 million, or $0.48 per basic and diluted share, for the same period in 2019. The decline was primarily due to elevated provisions for credit losses and costs related to the acquisition of SB One Bancorp.

Provident Financial Services, Inc. reported net income of $26.0 million, or $0.40 per basic and diluted share for the quarter ended December 31, 2019, compared to net income of $35.8 million, or $0.55 per basic and diluted share for the quarter ended December 31, 2018.