For the quarter ending 2025-09-30, PFS made $598,741K in revenue. $71,720K in net income. Net profit margin of 11.98%.
| Income Statement | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Real estate secured loans | 197,252 | 192,792 | ||
| Commercial loans | 81,943 | 78,854 | ||
| Consumer loans | 10,847 | 10,464 | ||
| Available for sale debt securities, equity securities and federal home loan bank stock | 33,578 | 31,444 | ||
| Held to maturity debt securities | 1,897 | 1,966 | ||
| Due from banks, federal funds sold and other short-term investments | 764 | 788 | ||
| Total interest income | 326,281 | 316,308 | ||
| Deposits | 102,094 | 96,257 | ||
| Borrowed funds | 21,307 | 24,470 | ||
| Subordinated debt | 8,548 | 8,487 | ||
| Total interest expense | 131,949 | 129,214 | ||
| Net interest income | 194,332 | 187,094 | ||
| Provision charge for credit losses | 7,044 | -2,888 | ||
| Net interest income after provision for credit losses | 187,288 | 189,982 | ||
| Fees | 11,336 | 10,736 | ||
| Wealth management income | 7,349 | 6,948 | ||
| Insurance agency income | 3,852 | 4,942 | ||
| Bank-owned life insurance | 2,662 | 2,585 | ||
| Net gain (loss) on securities transactions | 67 | 0 | ||
| Other income | 2,153 | 1,864 | ||
| Total non-interest income | 27,419 | 27,075 | ||
| Compensation and employee benefits | 63,202 | 63,249 | ||
| Net occupancy expense | 12,773 | 13,011 | ||
| Data processing expense | 9,102 | 9,599 | ||
| Fdic insurance | 3,418 | 3,341 | ||
| Amortization of intangibles | 9,497 | 9,497 | ||
| Advertising and promotion expense | 1,640 | 1,429 | ||
| Merger-related expenses | 0 | 0 | ||
| Other operating expenses | 13,460 | 14,488 | ||
| Total non-interest expense | 113,092 | 114,614 | ||
| Income before income tax expense | 101,615 | 102,443 | ||
| Income tax expense | 29,895 | 30,462 | ||
| Net income | 71,720 | 71,981 | ||
| Basic earnings per share (in dollars per share) | 0.55 | 0.55 | ||
| Diluted earnings per share (in dollars per share) | 0.55 | 0.55 | ||
| Weighted average basic shares outstanding (in shares) | 130,506,517 | 130,484,287 | ||
| Weighted average diluted shares outstanding (in shares) | 130,553,819 | 130,500,143 | ||
PROVIDENT FINANCIAL SERVICES INC (PFS)
PROVIDENT FINANCIAL SERVICES INC (PFS)