PFS

Provident Financial Services Inc

Add to Watchlist

Advanced Chart

18.270

-0.04(-0.218%)1D

Overview
Forecast
Valuation
Earnings

Line

Candle

YTD

High

18.540

Open

18.490

VWAP

18.26

Vol

506.83K

Mkt Cap

2.39B

Low

18.090

Amount

9.25M

EV/EBITDA(TTM)

15.35

Total Shares

130.19M

4.90B

EV/OCF(TTM)

24.42

P/S(TTM)

3.03

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.

Market Estimates

Earnings Estimates

Revenue

YoY Chg

EPS

YoYChg

FY2025Q4

FY2025Q3

FY2025Q2

222.67M

+8.14%

0.548

+11.2%

219.12M

+4.07%

0.528

+46.67%

213.58M

+30.41%

0.494

-549.09%

Estimates Revision

The market is revising Upward the revenue expectations for Provident Financial Services, Inc. (PFS) for FY2025, with the revenue forecasts being adjusted by 0.09% over the past three months. During the same period, the stock price has changed by 8.23%.

Revenue Estimates for FY2025

Revise Upward

+0.09%

In Past 3 Month

EPS Estimates for FY2025

Revise Upward

+0.97%

In Past 3 Month

Stock Price

Go Up

+8.23%

In Past 3 Month

4 Analyst Rating

14.94% Upside

Wall Street analysts forecast PFS stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for PFS is 21.00 USD with a low forecast of 20.00 USD and a high forecast of 22.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

4 Buy

0 Hold

0 Sell

Strong Buy

14.94% Upside

Current: 18.270

Low

20.00

Averages

21.00

High

22.00

14.94% Upside

Current: 18.270

Low

20.00

Averages

21.00

High

22.00

Raymond James

initiated

$21

2025-06-26

Reason

Raymond James

Price Target

$21

2025-06-26

initiated

Reason

Raymond James initiated coverage of Provident Financial with a Strong Buy rating and $21 price target. Provident is a well-run franchise that continues to steadily enhance its franchise and capture market share due to a strong balance sheet and liquidity, the analyst tells investors in a research note. The firm expects the bank will benefit from its recent acquisition of Lakeland, saying the deal allows it to make additional investments to further grow the franchise and drive operating leverage.

RBC Capital

Jon Arfstrom

Buy

Maintains

$24 → $23

2025-01-30

Reason

RBC Capital

Jon Arfstrom

Price Target

$24 → $23

2025-01-30

Maintains

Buy

Reason

Hovde Group

Feddie Strickland

Buy

Initiates

$25

2024-12-13

Reason

Hovde Group

Feddie Strickland

Price Target

$25

2024-12-13

Initiates

Buy

Reason

Hovde Group initiated coverage of Provident Financial with an Outperform rating and $25 price target.

DA Davidson

Manuel Navas

Strong Buy

Maintains

$24 → $27

2024-11-15

Reason

DA Davidson

Manuel Navas

Price Target

$24 → $27

2024-11-15

Maintains

Strong Buy

Reason

Keefe, Bruyette & Woods

Timothy Switzer

Hold

Buy

Upgrades

$20 → $21

2024-08-15

Reason

Keefe, Bruyette & Woods

Timothy Switzer

Price Target

$20 → $21

2024-08-15

Upgrades

Hold

Buy

Reason

RBC Capital

Jon Arfstrom

Buy

Maintains

$18 → $21

2024-07-29

Reason

RBC Capital

Jon Arfstrom

Price Target

$18 → $21

2024-07-29

Maintains

Buy

Reason

See All Ratings

Valuation Metrics

The current forward P/E ratio for Provident Financial Services Inc (PFS.N) is 8.69, compared to its 5-year average forward P/E of 10.04. For a more detailed relative valuation and DCF analysis to assess Provident Financial Services Inc 's fair value, click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.

Fair

5Y Average PE

10.04

Current PE

8.69

Overvalued PE

11.96

Undervalued PE

8.11

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.

N/A

5Y Average EV/EBITDA

0.00

Current EV/EBITDA

0.00

Overvalued EV/EBITDA

0.00

Undervalued EV/EBITDA

0.00

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.

Fair

5Y Average PS

2.78

Current PS

2.73

Overvalued PS

3.62

Undervalued PS

1.94