Two Directors at Provident Financial Services Inc sold 88,074 shares at between 20.619USD and 20.630USD. The significance rating of the trade was 77/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's di...
Provident Bank Strengthens Human Resources Team with Senior Vice President to Drive the Bank’s People Development Strategy ISELIN, N.J., Nov. 21, 2024 (GLOBE NEWSWIRE) -- , a leading New Jersey-based financial institution, is pleased to announce that Kim Strignile has joined the Human Resources team as Senior Vice President, HR Business Partner Director. Ms. Strignile will lead the bank’s HR Business Partner and Talent Acquisition teams, playing a pivotal role in driving its people strategy. In addition, Ms. Strignile will serve as a trusted advisor and change agent, collaborating clos...
Provident Expands Commercial Lending Team as Part of Regional Growth Strategy for Eastern Pennsylvania Bank Adds 6 Experienced Lenders to its C&I And CRE Teams, Representing 100+ Years of Combined Industry Experience PLYMOUTH MEETING, Pa., Nov. 19, 2024 (GLOBE NEWSWIRE) -- a leading community-focused financial institution, is pleased to announce the addition of six experienced lenders in the commercial banking space: Matthew Moresco, Matthew Skilton, Gerald Bresser, Michael Valenzano, Patrick Beaner, and Daniel Decker. These strategic hires come as part of the company’s efforts to str...
Provident Bank Expands Mortgage Warehouse Lending Team Adding Vice President to Support Growth Strategy ISELIN, N.J., Nov. 12, 2024 (GLOBE NEWSWIRE) -- , a leading New Jersey-based financial institution, is pleased to announce the addition of Mohamed Najam as Vice President, Senior Relationship Manager with the bank’s mortgage warehouse lending team, as the bank continues to bolster its specialty lending business, specifically in the mortgage warehouse space. Mr. Najam is responsible for developing new and profitable warehouse lending relationships in the Northeast, Mid-Atlantic, and Sou...
Provident Financial Services, Inc. Reports Third Quarter Earnings and Declares Quarterly Cash Dividend ISELIN, N.J., Oct. 29, 2024 (GLOBE NEWSWIRE) -- Provident Financial Services, Inc. (NYSE:PFS) (the “Company”) reported net income of $46.4 million, or $0.36 per basic and diluted share for the three months ended September 30, 2024, compared to a net loss of $11.5 million, or $0.11 per basic and diluted share, for the three months ended June 30, 2024 and net income of $28.5 million, or $0.38 per basic and diluted share, for the three months ended September 30, 2023. For the nine months en...
Provident Bank’s First-Time Home Buyer Survey Reveals That While Homeownership Continues to Be Challenging, Many Americans Are Finding Their Home in Less Than a Year ISELIN, N.J., Oct. 15, 2024 (GLOBE NEWSWIRE) -- a leading New Jersey-based financial institution, has released the results of its First-Time Home Buyer Survey, taking stock of the generational differences in how Americans are navigating a complicated housing market. This year’s survey revealed that, not surprisingly, searching for a first home is extremely challenging. The top two factors impacting budgets are high mortgage ...
Provident Financial Services, Inc. Schedules Third Quarter Earnings Conference Call ISELIN, N.J., Oct. 01, 2024 (GLOBE NEWSWIRE) -- Provident Financial Services, Inc. (NYSE: PFS) announced that it expects to release financial results for the quarter ended September 30, 2024 on Tuesday, October 29, 2024 after market close. A copy of the earnings release will be immediately available on the Company’s website, , by going to Investor Relations and clicking on Press Releases. Representatives of the Company will hold a conference call for investors on October 30, 2024 at 10:00 a.m. (ET) to dis...
Provident Protection Plus Named a Top Performing Insurance Agency in the U.S. by the Independent Insurance Agents & Brokers of America The insurance agency, serving businesses and consumers in New Jersey, New York, and Pennsylvania, was chosen out of 2,600 nominees as a leader in the industry AUGUSTA, NJ.., Sept. 30, 2024 (GLOBE NEWSWIRE) -- , a full-service insurance agency that offers comprehensive insurance programs to protect businesses, their employees, and consumers, has announced that it has retained its Best Practices status for 2024, joining an elite group of independent insura...
Provident Bank Welcomes Vivin Varghese As Senior Vice President, Chief Information Security Officer ISELIN, N.J., Sept. 23, 2024 (GLOBE NEWSWIRE) -- , a leading New Jersey-based financial institution, is pleased to announce that Vivin Varghese has joined the organization as Senior Vice President, Chief Information Security Officer (CISO). Mr. Varghese will play a critical role in providing vision, leadership, oversight, and management of the overall information and cybersecurity policies, procedures, and practices of the organization and its subsidiaries. He will also advise the bank’s E...
Provident Bank Announces $88,000 in Grants to Nine New Jersey Non-Profit Organizations Funding is provided through the bank’s Community Partnership Program ISELIN, N.J., Sept. 16, 2024 (GLOBE NEWSWIRE) -- a leading New Jersey-based financial institution, announced today that the bank has awarded funding to nine local non-profit organizations focused on community development, economic empowerment, financial literacy and education and support for housing and homeownership in low and moderate-income communities. Since July 2023, Provident Bank has partnered with 13 local New Jersey-based ...
Provident Bank Welcomes Leonardo Ramos As Vice President, CRA Officer ISELIN, N.J., July 31, 2024 (GLOBE NEWSWIRE) -- , a leading New Jersey-based financial institution, is pleased to welcome Leonardo Ramos as Vice President, Community Reinvestment Act (CRA) Officer. Mr. Ramos is responsible for the execution of the bank’s CRA program and commitments to the communities the bank serves, while overseeing the day-to-day operations of the bank's various assessment areas and carrying out executive leadership’s directives to achieve specific CRA goals and objectives. In addition, he is respo...
Provident Financial Services, Inc. Reports Second Quarter 2024 Results Inclusive of Merger-Related Costs and Declares Quarterly Cash Dividend ISELIN, N.J., July 25, 2024 (GLOBE NEWSWIRE) -- Provident Financial Services, Inc. (NYSE:PFS) (the “Company”) reported a net loss of $11.5 million, or $0.11 per basic and diluted share for the three months ended June 30, 2024, compared to net income of $32.1 million, or $0.43 per basic and diluted share, for the three months ended March 31, 2024 and $32.0 million, or $0.43 per basic and diluted share, for the three months ended June 30, 2023. For th...
Provident Financial Services, Inc. Schedules Second Quarter Earnings Conference Call ISELIN, N.J., July 01, 2024 (GLOBE NEWSWIRE) -- Provident Financial Services, Inc. (NYSE: PFS) announced that it expects to release financial results for the quarter ended June 30, 2024 on Thursday, July 25, 2024 after market close. A copy of the earnings release will be immediately available on the Company’s website, , by going to Investor Relations and clicking on Press Releases. Representatives of the Company will hold a conference call for investors on July 26, 2024 at 10:00 a.m. (ET) to discus...
Provident Financial Services, Inc. Completes Merger with Lakeland Bancorp, Inc. Combines the Best of Two Highly Regarded Banks to Create the Premier Super Community Bank in the Region Company Names New Board Members and Executive Leadership Team ISELIN, N.J., May 16, 2024 (GLOBE NEWSWIRE) -- Provident Financial Services, Inc. (NYSE: PFS) (“Provident”) announced today that its merger with Lakeland Bancorp, Inc. (“Lakeland”) was completed, creating the premier super community banking franchise in the region. The merger of Lakeland Bank with and into Provident Bank has also been comple...
Provident Financial Services, Inc. Announces Completion of Subordinated Notes Offering and Expected Merger Closing Date for the Lakeland Bancorp, Inc. Merger ISELIN, N.J., May 13, 2024 (GLOBE NEWSWIRE) -- Provident Financial Services, Inc. (NYSE:PFS) (the “Company”), the holding company for Provident Bank (the “Bank”), today announced the completion of its offering and sale of $225 million of its 9.00% fixed-to-floating rate subordinated notes due 2034 (the “Notes”) in a registered public offering (the “Offering”). The Notes were sold at par, resulting in net proceeds, after discounts and...
Provident Financial Services, Inc. Announces Pricing and Upsizing of Subordinated Notes Offering ISELIN, N.J., May 09, 2024 (GLOBE NEWSWIRE) -- Provident Financial Services, Inc. (NYSE:PFS) (the “Company”), the holding company for Provident Bank (the “Bank”), today announced the pricing of its offering of $225 million of its 9.00% fixed-to-floating rate subordinated notes due 2034 (the “Notes”) in a registered public offering (the “Offering”). The Notes will initially bear interest at 9.00% per annum, with interest payable semiannually in arrears, commencing on the issue date, to, but exc...
Provident Financial Services, Inc. Announces Launch of Subordinated Notes Offering ISELIN, N.J., May 09, 2024 (GLOBE NEWSWIRE) -- Provident Financial Services, Inc. (NYSE:PFS) (the “Company”), the holding company for Provident Bank (the “Bank”), today announced that it intends to offer, subject to market and other conditions, $200 million aggregate principal amount of subordinated notes due 2034 (the “Notes”) in a registered public offering, (the “Offering”). The Notes are intended to qualify as Tier 2 capital for regulatory purposes. The purpose of the Offering is to satisfy certain pre...
CORRECTION: Provident Bank Donates Original Bookkeeping Ledgers Dating Back to 1839 to the Jersey City Free Public Library ISELIN, N.J., April 23, 2024 (GLOBE NEWSWIRE) -- Provident Bank, a leading New Jersey-based financial institution, is proud to announce the donation of its original bookkeeping ledgers to the Jersey City Free Public Library. These ledgers, which date back to the beginning of Provident Bank, represent a significant piece of the bank’s history. Provident Bank was established in 1839 in a one-room office in Jersey City, and it holds the distinction of being the oldest N...
Provident Bank Donates Original Bank Ledgers Dating Back to 1839 to the Jersey City Free Public Library ISELIN, N.J., April 23, 2024 (GLOBE NEWSWIRE) -- Provident Bank, a leading New Jersey-based financial institution, proudly announces the donation of its original bank ledgers to the Jersey City Free Public Library. These ledgers, which date back to the early days of Provident Bank, represent a significant piece of the city's financial history. Provident Bank was established in 1839 in a one-room office in Jersey City, and it holds the distinction of being the oldest New Jersey-based ba...
Provident Financial Services, Inc. Announces First Quarter Earnings and Declares Quarterly Cash Dividend ISELIN, N.J., April 18, 2024 (GLOBE NEWSWIRE) -- Provident Financial Services, Inc. (NYSE:PFS) (the “Company”) reported net income of $32.1 million, or $0.43 per basic and diluted share for the three months ended March 31, 2024, compared to $27.3 million, or $0.36 per basic and diluted share, for the three months ended December 31, 2023 and $40.5 million, or $0.54 per basic and diluted share, for the three months ended March 31, 2023. Net income for the trailing quarter ended December ...
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