← PROVIDENT FINANCIAL SERVICES INC
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $314.0m |
$333.9m
+6.35%
|
$359.4m
+7.62%
|
$361.8m
+0.67%
|
$385.0m
+6.42%
|
$452.8m
+17.62%
|
$505.3m
+11.60%
|
$479.3m
-5.16%
|
$694.7m
+44.95%
|
$870.4m
+25.29%
|
$907.3m
+4.24%
|
|
| Noninterest income: | ||||||||||||
| Interest Income (Expense), Net | $258.6m |
$278.2m
+7.59%
|
$300.7m
+8.08%
|
$298.0m
-0.90%
|
$312.6m
+4.90%
|
$366.0m
+17.10%
|
$417.6m
+14.08%
|
$399.5m
-4.33%
|
$600.6m
+50.36%
|
$760.6m
+26.63%
|
$1.3b
+69.98%
|
|
| Marketing and Advertising Expense | $3.7m | $3.9m | $3.8m | $4.1m | $4.4m | $4.0m | $5.2m | $4.8m | $5.1m | $5.5m | — | |
| Labor and Related Expense | $106.1m | $109.4m | $111.5m | $116.8m | $130.9m | $143.4m | $147.2m | $148.5m | $218.3m | $253.1m | — | |
| Amortization of Intangible Assets | $3.4m | $2.7m | $2.1m | $2.7m | $3.4m | $3.7m | $3.3m | $3.0m | $28.9m | $37.1m | — | |
| Noninterest expense: | ||||||||||||
| Interest Expense | $43.7m | $45.6m | $59.2m | $73.5m | $50.7m | $36.3m | $48.6m | $216.4m | — | — | $504.6m | |
| Interest Expense, Debt | — | — | — | — | — | — | — | $55.9m | — | — | $504.6m | |
| Total interest expense | — | — | — | — | — | — | — | — | $445.5m | $512.2m | — | |
| Debt and Equity Securities, Gain (Loss) | — | — | $2.2m | $72k | $81k | $255k | $181k | $30k | ($3.0m) | $843k | — | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | — | — | — | — | — | $227.1m | $240.1m | $175.8m | $149.6m | $408.2m | $430.1m | |
| Current Income Tax Expense (Benefit) | $33.8m | $5.9m | $44.1m | $32.8m | $38.5m | $46.8m | $62.2m | $44.7m | $46.4m | $92.5m | $117.4m | |
| Income Tax Expense (Benefit) | $37.0m | $46.5m | $25.5m | $34.5m | $30.6m | $59.2m | $64.5m | $47.4m | $34.1m | $117.0m | $117.4m | |
| Net Income (Loss) Attributable to Parent | $87.8m |
$93.9m
+7.00%
|
$118.4m
+26.01%
|
$112.6m
-4.86%
|
$97.0m
-13.92%
|
$167.9m
+73.20%
|
$175.6m
+4.60%
|
$128.4m
-26.90%
|
$115.5m
-10.03%
|
$291.2m
+152.03%
|
$312.7m
+7.40%
|
|
| Earnings Per Share, Basic | $1.38 | $1.46 | $1.82 | $1.74 | $1.39 | $2.20 | $2.35 | $1.72 | $1.05 | $2.23 | $2.40 | |
| Earnings Per Share, Diluted | $1.38 | $1.45 | $1.82 | $1.74 | $1.39 | $2.19 | $2.35 | $1.71 | $1.05 | $2.23 | $2.40 | |
| Weighted Average Number of Shares Outstanding, Basic | 63.6m | 64.4m | 64.9m | 64.6m | 69.5m | 76.5m | 74.7m | 74.8m | 109.7m | 130.5m | 130.5m | |
| Weighted Average Number of Shares Outstanding, Diluted | 63.9m | 64.6m | 65.1m | 64.7m | 69.6m | 76.6m | 74.8m | 74.9m | 109.7m | 130.5m | 130.5m | |
| Additional Financial Items | ||||||||||||
| Bank Owned Life Insurance Income | $5.5m | $6.7m | $5.5m | $6.3m | $6.5m | $7.9m | $6.0m | $6.5m | $11.7m | $10.1m | — | |
| Business Combination, Acquisition Related Costs | — | — | — | — | — | — | — | — | $56.9m | $0 | — | |
| Depreciation, Depletion and Amortization, Nonproduction | $12.8m | $11.6m | $10.1m | $10.4m | $11.0m | $12.7m | $13.1m | $11.7m | $41.5m | $51.3m | $35.2m | |
| Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal | — | — | — | — | — | — | $8.4m | $27.9m | $83.6m | $4.1m | — |