Shares of Provident Financial Services, Inc. (PFS) traded at $21.45 on Wednesday, climbing 4.66% in intraday trading. The rally followed the Tuesday afternoon release of fourth-quarter 2025 results, which featured record revenue and a significant earnings surprise. The stock is currently approaching the upper bound of its 52-week range of $14.34 to $21.71, reflecting sustained investor optimism following the integration of Lakeland Bancorp.
Company Description
Provident Financial Services, Inc (PFS) is the holding company for Provident Bank, a New Jersey-chartered capital stock savings bank established in 1839. It operates as a community-oriented financial institution providing a broad range of banking, wealth management, and insurance services through its subsidiaries, Beacon Trust Company and Provident Protection Plus. The company primarily serves individuals, families, and businesses across New Jersey, eastern Pennsylvania, and parts of New York.
Current Stock Price
$21.45
Market Capitalization
$2.64 billion
Valuation
Based on today’s closing price, PFS carries a forward P/E ratio of 10.78x. This multiple aligns with its three-year historical median, suggesting a fair valuation as the market prices in the bank’s increased scale and projected 4-6% loan growth for the 2026 fiscal year.