Provident Financial Services Inc reports results for the quarter ended June 30 - Earnings Summary

Provident Financial Services

24/07/2025 14:26

Provident Financial Services Inc PFS.N reported quarterly adjusted earnings of 55 cents​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of -11 cents.  The mean expectation of seven analysts for the quarter was for earnings of 50 cents per share. Wall Street expected results to range from 48 cents to 51 cents per share.

Revenue rose 32.2% to $187.09 million from a year ago; analysts expected $192.30 million.

Provident Financial Services Inc's reported EPS for the quarter was 55 cents​.

The company reported quarterly net income of $71.98 million.

Provident Financial Services Inc shares had risen by 4.2% this quarter and lost 3.2% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 1% in the last three months.​

In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell." The average consensus recommendation for the banks peer group is also "buy"

Wall Street's median 12-month price target for Provident Financial Services Inc is $22.00, about 17% above its last closing price of $18.27

This summary was machine generated from LSEG data July 24 at 01:26 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDING
ESTIMATE
ACTUAL
BEAT, MET, MISSED
Jun. 30 2025
0.50
0.55
Beat
Mar. 31 2025
0.47
0.49
Beat
Dec. 31 2024
0.50
0.37
Missed
Sep. 30 2024
0.47
0.36
Missed