By Mill Chart
Last update: Jul 24, 2025
Provident Financial Services (NYSE:PFS) reported second-quarter earnings that surpassed analyst expectations, delivering both revenue and earnings per share (EPS) above consensus estimates. The regional bank posted revenue of $214.2 million, a 30.8% year-over-year increase, beating Wall Street’s forecast of $194.2 million. Adjusted EPS came in at $0.55, exceeding the estimated $0.50, marking a 10.7% upside surprise.
The stock saw a modest pre-market gain of 1.2%, suggesting cautious optimism among investors. However, recent performance has been mixed—shares dipped slightly over the past week (-0.3%) and two weeks (-2.5%), though they remain up 7.1% over the last month. The muted reaction could reflect broader market conditions or profit-taking after recent gains, despite the earnings beat.
Analysts project Q3 2025 revenue of $199.8 million and EPS of $0.53, with full-year sales expected at $786.7 million. Provident’s ability to sustain growth amid economic uncertainty will be a focal point in upcoming quarters.
For a deeper dive into Provident Financial Services’ earnings trends and future estimates, visit the earnings and estimates page.
Disclaimer: This article is not investment advice. Investors should conduct their own research or consult a financial advisor before making decisions.
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