Provident Bank CFO Thomas M. Lyons to Retire, Oversaw Growth to Nearly $25B in Assets
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 14 2026
0mins
Should l Buy PFS?
Source: seekingalpha
- Executive Retirement Plan: Provident Bank's Senior EVP and CFO Thomas M. Lyons plans to retire on or before June 30, 2026, marking a significant leadership transition for the company.
- Successor Search Initiated: The company has launched a nationwide search for a successor to ensure a smooth transition post-Lyons' retirement, maintaining operational continuity and stability.
- Asset Growth Journey: Since becoming CFO in 2011, Lyons has overseen Provident Bank's asset growth from approximately $6 billion to nearly $25 billion, demonstrating his success in financial management and strategic planning.
- Market Service Expansion: Under Lyons' leadership, Provident Bank has successfully expanded its customer base across New Jersey, New York, and Pennsylvania, enhancing its competitive position in the regional market.
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Analyst Views on PFS
Wall Street analysts forecast PFS stock price to fall
1 Analyst Rating
1 Buy
0 Hold
0 Sell
Moderate Buy
Current: 22.980
Low
22.00
Averages
22.00
High
22.00
Current: 22.980
Low
22.00
Averages
22.00
High
22.00
About PFS
Provident Financial Services, Inc. is the holding company for Provident Bank (the Bank). The Bank is a New Jersey-chartered capital stock savings bank operating full-service branch offices throughout New Jersey, Bucks, Lehigh and Northampton counties in Pennsylvania, as well as Orange, Queens and Nassau Counties in New York. The Bank 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, commercial business loans, residential mortgage loans, and consumer loans. The Bank invests in mortgage-backed securities and other permissible investments. The Bank also provides fiduciary and wealth management services through its wholly owned subsidiary, Beacon Trust Company, and insurance services through its wholly owned subsidiary, Provident Protection Plus, Inc. The Bank has approximately 140 branches.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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