Provident Financial Services, Inc. (NYSE: PFS) is a New Jersey-based bank holding company that operates through its subsidiary, Provident Bank, a New Jersey-chartered capital stock savings bank. The company makes money primarily through net interest income, collecting interest on loans and other interest-earning assets while paying interest on deposits and borrowings, supplemented by fee-based non-interest income. Provident Bank was converted from a mutual savings bank to a capital stock savings bank on January 15, 2003, at which point Provident Financial Services, Inc. became the holding company. The company issued 59,618,300 shares of common stock in its subscription offering at conversion and contributed $4.8 million in cash and 1,920,000 shares of common stock to The Provident Bank Foundation at that time. The company is incorporated in Delaware and headquartered in New Jersey. The 10-K for fiscal year ended 2025 was filed February 27, 2026 under accession number 0001628280-26-012814.

Revenue model

Net interest income from loans and interest-earning assets, supplemented by non-interest fee income. Standard commercial bank spread-based model: borrow at lower rates via deposits, lend at higher rates to customers.

Products and services

Banking products and services offered through Provident Bank, a New Jersey-chartered capital stock savings bank. Specific product lines are not detailed in the available filing excerpts.

Customers and end markets

Retail and commercial banking customers in New Jersey. Specific customer segments and end markets are not detailed in the available filing excerpts.

Value-chain role

Deposit-taking and lending intermediary. Operates as a regulated bank holding company with its primary operating subsidiary being Provident Bank.

Geographic exposure

New Jersey. The bank is chartered as a New Jersey savings bank. Broader geographic footprint is not detailed in the available filing excerpts.

Source: SEC 10-K, filed 2026-02-27

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