PROVIDENT FINANCIAL SERVICES, INC.
In the published model solve dated 2026-Q2, anchored at $22.84, PROVIDENT FINANCIAL SERVICES, INC. (PFS) is priced for 9.8% return on equity. boothcheck publishes no house fair value, target price, or buy/sell rating; individual model outputs and user-controlled scenarios are analytical inputs, not Boothcheck targets. The narrative was composed June 27, 2026 from SEC EDGAR filings.
• Provident Financial Services is a New Jersey regional bank that roughly doubled in size by absorbing Lakeland Bancorp, and it now holds about a 4.71% share of bank deposits in its home New Jersey market per its 10-K. • The bank is earning well on its capital, posting a return on average tangible common equity around 16.6% and a return on average assets near 1.3% in the first quarter of 2026, with record net interest income [Source: Provident Q1 2026 results, 2026]. • The defining risk is comme
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292 institutional managers reported holding PFS in 13F filings for the quarter ended 2026-03-31. Together they hold about 73% of the company; the top 10 hold 52%. 37 opened new positions that quarter. Held by BlackRock, Vanguard Group, Dimensional Fund Advisors, among others. On the short side, 5.8M shares were sold short as of the 2026-06-15 count, about 4% of shares outstanding (7 days of typical volume to cover).
Quarterly 13F filings arrive up to 45 days after quarter end, so the picture is never current (filed through 2026-05-29). Nothing here is investment advice.
PFS's share count grew 70.3% over the past five years even with $77.45M spent on repurchases. It pays a dividend, and has paid one every year in our records (17 and counting); the current rate is $0.96 a share annually. Cash returned over the past three years: $293.95M in dividends and $10.26M in repurchases.
Share counts are split-adjusted; repurchase totals are gross of share issuance. Nothing here is investment advice.
Open-market insider buys at PFS over the trailing three years: 2023: 16 buys totaling $103k; 2024: 3 buys totaling $31k; 2025: 1 buy totaling $17k. 28 officers and directors are on file.
Code P open-market purchases from SEC Form 4 filings, non-derivative, excluding scheduled 10b5-1 plans. Nothing here is investment advice.
PFS's recent reports: the day-one move, then what the following quarter actually did.
| report | day one | next quarter |
|---|---|---|
| 2023-08-09 | +0.4% | -15.6% |
| 2023-11-09 | +7.5% | +19.6% |
| 2024-02-29 | +0.1% | +1.1% |
| 2024-04-27 | +5.3% | -5.0% |
Day-one is the close-to-close move around the filing. Nothing here is investment advice.
PFS's latest 8-K filings: 2026-08-24 (items 8.01, 9.01); 2026-08-14 (items 7.01, 9.01); 2026-08-04 (items 5.02, 7.01, 9.01); 2026-07-30 (items 7.01, 9.01); 2026-07-30 (items 7.01, 9.01).
Item codes are the SEC's own classification of what each report discloses. Dates link to the filing on EDGAR. Nothing here is investment advice.
Model solve date: 2026-Q2
Narrative composed: June 27, 2026
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For informational and research purposes only. Not investment advice. Not a recommendation to buy, sell, or hold any security. boothcheck is not a registered investment adviser. Past performance does not guarantee future results.