Provident Financial Services (PFS) β†’ Stock, financial statements
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Provident Financial Services

22.97 USD -0.22 (-0.86%)
Jul 01 πŸ‡ΊπŸ‡Έ NYSE PFS
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  • πŸ‡ΊπŸ‡Έ NYSE Exchange
  • 959 Employees
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Financial statements β€” Provident Financial Services

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20 ← 16 2020 2019 2018 2017 2016
Total Revenue
440M 440M 420M 380M 360M
Cost Of Revenue
32M 13M 24M 5.6M 5.4M
Gross Profit
400M 420M 390M 370M 350M
Research and Development
0 0 0 0 0
Selling General and Admin
32M 30M 29M 29M 29M
Operating Expense
310M 290M 270M 240M 230M
Operating Income
130M 150M 140M 140M 120M
Other Income Expense Net
0 0 0 0 0
EBIT
130M 150M 140M 140M 120M
Interest Income
0 0 0 0 0
Pretax Income
130M 150M 140M 140M 120M
Income Tax
31M 34M 26M 47M 37M
Minority Interest
0 0 0 0 0
Net Income
97M 110M 120M 94M 88M
Net Income Basic
97M 110M 120M 94M 88M
20 ← 16 2020 2019 2018 2017 2016
Current cash
0 0 0 0 0
Short term investments
1.7B 1.5B 1.6B 1.6B 1.6B
Receivables
46M 29M 31M 30M 27M
Inventory
0 0 0 0 0
Other current assets
0 0 0 0 0
Current assets
12B 8.9B 8.9B 9B 8.6B
Long term investments
1.1B 880M 810M 840M 860M
Property plant equipment
76M 55M 58M 63M 84M
Goodwill
0 0 0 0 0
Intangible assets
470M 440M 420M 420M 420M
Other assets
520M 390M 340M 350M 340M
Total assets
13B 9.8B 9.7B 9.8B 9.5B
Accounts payable
0 0 0 0 0
Current long term debt
1.2B 1.1B 1.4B 1.7B 1.6B
Other current liabilities
9.9B 7.1B 6.9B 6.7B 6.6B
Total current liabilities
11B 8.3B 8.3B 8.5B 8.2B
Long term debt
0 0 0 0 0
Other liabilities
230M 140M 69M 64M 58M
Minority Interest
0 0 0 0 0
Total Liabilities
11B 8.4B 8.4B 8.5B 8.2B
Common stock
70M 65M 65M 64M 64M
Retained earning
720M 700M 650M 590M 550M
Treasury stock
-59M -270M -270M -260M -260M
Capital surplus
β€’ β€’ β€’ β€’ β€’
Shareholder equity
1.6B 1.4B 1.4B 1.3B 1.3B
Net tangible assets
1.2B 980M 940M 880M 830M
20 ← 16 2020 2019 2018 2017 2016
Net Income
97M 110M 120M 94M 88M
Depreciation
20M 10M 10M 12M 13M
Changes in receivables
17M -2.4M 1.8M 2.6M 1.3M
Changes in inventories
0 0 0 0 0
Cash change
270M 45M -53M 47M -8.4M
Cash flow
110M 140M 160M 120M 130M
Capital expenditures
-13M -4.9M -3.2M -3.2M -5M
Investments
β€’ β€’ β€’ β€’ β€’
Investing activity other
β€’ β€’ β€’ β€’ β€’
Total investing cash flows
-510M -43M -47M -310M -580M
Dividends paid
66M β€’ β€’ β€’ β€’
Net borrowings
-10B -7.6B -7.4B -7.1B -6.9B
Other financing cash flows
β€’ β€’ β€’ β€’ β€’
Cash flow financing
750M -140M -250M 240M 500M
Exchange rate effect
β€’ β€’ β€’ β€’ β€’

Provident Financial Services, Inc. operates as a holding company for the Provident Bank, which provides banking services to individual and corporate customers in northern and central New Jersey and eastern Pennsylvania. It attracts deposits from the general public and businesses primarily in the areas surrounding its banking offices and uses those funds, together with funds generated from operations and borrowings, to originate commercial real estate loans, residential mortgage loans, commercial business loans, and consumer loans. The firm also invests in mortgage backed securities and other permissible investments. The company was founded on January 15, 2003 and is headquartered in Jersey City, NJ.