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Cash Flow Overview

Free Cash flow
$108,609K
Unit: Thousand (K) dollars
Positive Cash Flow Breakdown
    • Net increase in deposits
    • Proceeds from maturities, calls ...
    • Proceeds from redemption of fede...
    • Others
Negative Cash Flow Breakdown
    • Net increase in loans
    • Purchases of available for sale ...
    • Payments on long-term borrowings
    • Others
Cash Flow
2026-06-30
2026-03-31
2025-12-31
2025-09-30
Net income
78,148
79,417
83,431
71,720
Depreciation and amortization expense
11,762
11,826
11,938
13,067
Provision for credit losses on loans and securities
9,582
-4,651
1,946
4,499
Provision charge for credit losses on off-balance sheet credit exposures
-248
2,535
-3,159
2,545
Deferred tax expense
-1,021
4,674
10,569
6,739
Amortization of operating lease right-of-use assets
3,630
3,671
3,828
3,352
Income on bank-owned life insurance
3,799
4,034
2,790
2,662
Net amortization of premiums and discounts on securities
-4,827
-3,729
-4,255
-3,986
Accretion of net deferred loan fees
2,449
2,019
2,228
1,832
Amortization of premiums on purchased loans, net
74
78
88
58
Originations of loans held for sale
10,812
14,067
23,692
26,224
Loans transferred to held for sale
-
-
0
-
Proceeds from sales of loans held for sale
11,551
18,405
22,864
15,371
Esop expense
-
-
0
0
Allocation of stock award expense
2,384
2,737
3,029
2,606
Allocation of stock option expense
0
0
0
0
Net gain on sale of loans
1,103
967
1,143
965
Net loss (gain) on securities transactions
-309
0
690
66
Net gain on sale of premises and equipment
-190
1,182
0
57
Net (gain) loss on sale of foreclosed assets
117
-
0
0
Increase in accrued interest receivable
392
1,928
1,151
1,933
(increase) decrease in other assets
31,094
2,953
39,593
-1,409
Increase (decrease) in other liabilities
47,422
-10,619
1,446
6,421
Net cash provided by operating activities
118,844
84,652
68,948
98,034
Net increase in loans
395,478
139,811
216,552
181,555
Purchases of loans
0
0
0
0
Proceeds from sales of loans held for investment
-
-
0
-
Proceeds from sales of foreclosed assets
1,140
-
0
5,779
Proceeds from maturities, calls and paydowns of held to maturity debt securities
10,428
15,180
11,613
18,962
Purchases of investment securities held to maturity
9,112
842
1,783
2,566
Proceeds from sales of available for sale debt securities
23,866
0
0
0
Proceeds from maturities, calls and paydowns of available for sale debt securities
169,994
101,343
165,210
103,685
Purchases of available for sale debt securities
247,209
190,450
164,304
192,755
Proceeds from redemption of federal home loan bank stock
97,296
101,676
110,284
83,423
Purchases of federal home loan bank stock
95,458
118,499
106,420
75,953
Cash received, net of cash consideration paid for acquisition
-
-
0
0
Boli claim benefits received
3,979
0
0
0
Proceeds from sales of premises and equipment
58
2,709
0
0
Purchases of premises and equipment
10,235
3,694
4,865
1,326
Net cash (used in) investing activities
-450,731
-232,388
-206,817
-242,306
Net increase in deposits
444,867
-178,381
182,439
387,720
Increase in mortgage escrow deposits
-531
8,057
-6,002
-4,036
Cash dividends paid to stockholders
30,357
31,368
31,336
31,348
Purchase of treasury stock
0
10,255
0
-
Purchase of employee restricted shares to fund statutory tax withholding
549
2,138
7
25
Proceeds from subordinated debentures
-
-
0
0
Stock options exercised
114
1,396
0
-
Proceeds from long-term borrowings
0
50,000
-404,500
554,500
Payments on long-term borrowings
100,000
2,790
-40
24,700
Net increase in short-term borrowings
24,553
323,814
307,105
-190,650
Net cash provided by financing activities
338,097
158,335
47,739
186,961
Net increase in cash and cash equivalents
6,210
10,599
-90,130
42,689
Cash and cash equivalents at beginning of period
222,083
209,057
-
-
Restricted cash at beginning of period
0
2,427
-
-
Total cash and cash equivalents
301,614
-
-
205,939
Cash and cash equivalents at end of period
228,293
222,083
-
-
Restricted cash at end of period
0
0
-
-
Total cash, cash equivalents and restricted cash at beginning of period
-
222,083
-
301,614
Unit: Thousand (K) dollars (except for numbers of shares and EPS). Numbers labeled with * are estimated quarterly values.

Time Plot

Show the time plot by selecting a row from the table.

Cash Flow

Net increase indeposits$444,867K (425.16%↑ Y/Y)Net income$78,148K (-42.54%↓ Y/Y)Increase (decrease) inother liabilities$47,422K (178.57%↑ Y/Y)Net increase inshort-term borrowings$24,553K (-86.16%↓ Y/Y)Stock optionsexercised$114K Depreciation andamortization expense$11,762K (-55.30%↓ Y/Y)Proceeds from sales ofloans held for sale$11,551K (-93.23%↓ Y/Y)Provision for creditlosses on loans and...$9,582K (513.20%↑ Y/Y)Net amortization ofpremiums and discounts on...-$4,827K (42.87%↑ Y/Y)Amortization of operatinglease right-of-use...$3,630K (-48.25%↓ Y/Y)Allocation of stock awardexpense$2,384K (-50.35%↓ Y/Y)Net loss (gain) onsecurities transactions-$309K (-455.17%↓ Y/Y)Net gain on sale ofpremises and equipment-$190K (-130.45%↓ Y/Y)Amortization of premiums onpurchased loans, net$74K (-42.64%↓ Y/Y)Net cash provided byfinancing activities$338,097K (-11.24%↓ Y/Y)Net cash provided byoperating activities$118,844K (-56.83%↓ Y/Y)Canceled cashflow$131,437K Canceled cashflow$51,035K Net increase in cashand cash...$6,210K (-88.28%↓ Y/Y)Canceled cashflow$450,731K Payments on long-termborrowings$100,000K (-69.48%↓ Y/Y)Cash dividends paidto stockholders$30,357K (-51.98%↓ Y/Y)Purchase of employeerestricted shares to fund...$549K (-80.68%↓ Y/Y)Increase in mortgageescrow deposits-$531K (-106.60%↓ Y/Y)Proceeds frommaturities, calls and...$169,994K (-30.01%↓ Y/Y)Proceeds from redemptionof federal home...$97,296K (-47.60%↓ Y/Y)Proceeds from sales ofavailable for sale debt...$23,866K (1329.10%↑ Y/Y)Proceeds frommaturities, calls and...$10,428K (-64.56%↓ Y/Y)Boli claim benefitsreceived$3,979K (339.18%↑ Y/Y)Proceeds from sales offoreclosed assets$1,140K Proceeds from sales ofpremises and equipment$58K (-97.53%↓ Y/Y)(increase) decrease inother assets$31,094K (223.85%↑ Y/Y)Originations of loans held forsale$10,812K (-70.06%↓ Y/Y)Income on bank-ownedlife insurance$3,799K (-18.79%↓ Y/Y)Accretion of net deferredloan fees$2,449K (-18.69%↓ Y/Y)Net gain on sale ofloans$1,103K (-37.33%↓ Y/Y)Deferred tax expense-$1,021K (-114.27%↓ Y/Y)Increase in accruedinterest receivable$392K (-74.77%↓ Y/Y)Provision charge forcredit losses on...-$248K (-459.42%↓ Y/Y)Net (gain) loss onsale of foreclosed...$117K (1163.64%↑ Y/Y)Net cash (used in)investing activities-$450,731K (25.28%↑ Y/Y)Canceled cashflow$306,761K Net increase inloans$395,478K (-5.74%↓ Y/Y)Purchases of available forsale debt securities$247,209K (-42.51%↓ Y/Y)Purchases of federal homeloan bank stock$95,458K (-52.25%↓ Y/Y)Purchases of premises andequipment$10,235K (91.38%↑ Y/Y)Purchases of investmentsecurities held to maturity$9,112K (-16.62%↓ Y/Y)

PROVIDENT FINANCIAL SERVICES INC (PFS)

PROVIDENT FINANCIAL SERVICES INC (PFS)