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Provident Financial Services Inc (Provident) is a financial service provider that operates through Provident Bank. It offers services such as personal banking, business banking and wealth management services. The bank provides products and services that include an array of deposits, account checking, savings, insurance, loans, investment management, credit cards, provident investment and fiduciary services. It also offers digital banking, asset management, mobile banking, online banking, bill payment, fixed deposit and advisory services. The bank serves individuals, families and businesses across Northern and central New Jersey, Queens County, New York and Eastern Pennsylvania. Provident is headquartered in Jersey City, New Jersey, the US.
Headquarters
United States of America
Address
239 Washington Street, Jersey City, New Jersey, 07302
Website
www.provident.bank
Telephone
1 201 3331000
No of Employees
1,817
Industry
Financial Services
Ticker Symbol & Exchange
PFS (NYSE)
Revenue (2024)
$1.4B
21.3%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
152%
(2024 vs 2023)
Market Cap*
$2.9B
Net Profit Margin (2024)
XYZ
107.9%
(2024 vs 2023)
* As of and is in US$
Provident Financial Services Inc premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Loans | Personal and Banking Services |
| Accounts | Insurance Services |
| Cards | Wealth Management Services |
| XYZ | |
| XYZ | |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2025 | Acquisitions/Mergers/Takeovers | In May, the company merged with Lakeland Bancorp, Inc. |
| 2024 | Regulatory Approval | In April, the company secured approval from the Board of Governors of the Federal Reserve System to merge with Lakeland Bancorp. |
| 2024 | Regulation/Government Policy | In March, Provident Financial Services, Inc. and Lakeland Bancorp, Inc. received approval from the Federal Deposit Insurance Corporation and the New Jersey Department of Banking and Insurance for Provident and Lakeland to complete their merger. |
Competitor Comparison
| Key Parameters | Provident Financial Services Inc | Bank of America Corp | Fulton Financial Corp | Community Financial System Inc | First Commonwealth Financial Corp |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
| City | Jersey City | Charlotte | Lancaster | Dewitt | Indiana |
| State/Province | New Jersey | North Carolina | Pennsylvania | New York | Pennsylvania |
| No. of Employees | 1,817 | 212,134 | 3,400 | 2,918 | 1,522 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Christopher P Martin | Chairman | Executive Board | 2022 | 69 |
| Thomas J. Shara | Vice Chairman | Executive Board | 2024 | 68 |
| Anthony J Labozzetta | Director; President; Chief Executive Officer | Executive Board | 2022 | 62 |
| Thomas M. Lyons | Chief Financial Officer; Senior Executive Vice President | Senior Management | 2019 | 60 |
| Adriano M. Duarte | Investor Relations Officer; Chief Accounting Officer - Provident Bank; Executive Vice President - Provident Bank; Senior Vice President | Senior Management | - | 54 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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