PROVIDENT FINANCIAL SERVICES INCPFS

Market cap
P/E ratio
Dec 31,
2010
Dec 31,
2011
Dec 31,
2012
Dec 31,
2013
Dec 31,
2014
Dec 31,
2015
Dec 31,
2016
Dec 31,
2017
Dec 31,
2018
Dec 31,
2019
Dec 31,
2020
Dec 31,
2021
Dec 31,
2022
Dec 31,
2023
Net income505767717484889411811397168176128
Depreciation and amortization expense11109911141312101011131312
Provision for Loan, Lease, and Other Losses------------8-
Provision charge (benefit) for credit losses-------------28
Off-Balance-Sheet, Credit Loss, Liability, Credit Loss Expense (Reversal)----------22-30
Deferred tax expense-4-4-1640341-192-81223
Amortization of operating lease right-of-use assets-----------101110
Income on Bank-owned life insurance65-576557666866
Net amortization of premiums and discounts on securities-10-13-17-13-10-11-11-10-9-8-10-16-13-8
Accretion of net deferred loan fees12343535669899
Amortization of Debt Discount (Premium)---11111111100
Originations of loans held for sale1821373113123525361687482219
Proceeds from Sale, Loan, Held-for-Sale1923393214133726371789502123
ESOP expense-2233345552443
Allocation Of Sap Shares-3456545675598
Allocation of stock options-1000000000000
Net gain on sale of loans11211121112222
Net gain on securities transactions--------200000
Net loss (gain) on sale of premises and equipment0-0-1000000-100-0
Net gain on sale of foreclosed assets-----------093
(Increase) decrease in accrued interest receivable-1-1-1-1-11132-2-8-4107
(Increase) decrease in accrued interest receivable-1-1-1-1-11132-2-8-4107
Decrease (increase) in other assets1614916225-652-546107-1056-25
(Decrease) increase in other liabilities1-92085-3652560-4861-29
Decrease (increase) in other assets1614916225-652-546107-1056-25
(Decrease) increase in other liabilities1-92085-3652560-4861-29
Net cash provided by operating activities92941089996115127117156137107158200173
Net (increase) decrease in loans---------7980718-253649626
Proceeds from Sale of Foreclosed Assets-16161464658---164
Proceeds from Sale of Finance Receivables-------------2
Proceeds from Maturities, Prepayments and Calls of Held-to-Maturity Securities4979779841376356404362487441
Proceeds from Sale of Foreclosed Assets-16161464658---164
Purchases of investment securities held to maturity6082899873448048442049352717
Proceeds from Maturities, Prepayments and Calls of Held-to-Maturity Securities4979779841376356404362487441
Proceeds from sales of securities available for sale--------2-149--
Purchases of investment securities held to maturity6082899873448048442049352717
Proceeds from maturities calls and paydowns of securities available for sale507421489351208212211220197224350393279190
Proceeds from sales of securities available for sale--------2-149--
Purchases of securities available for sale--------2371172491,40129040
Proceeds from maturities calls and paydowns of securities available for sale507421489351208212211220197224350393279190
Proceeds from Sale of Federal Home Loan Bank Stock------5713014517211631163213
Purchases of securities available for sale--------2371172491,40129040
Purchases of Federal Home Loan Bank stock------541361331611076197223
Proceeds from Sale of Federal Home Loan Bank Stock------5713014517211631163213
Net Cash and Cash Equivalents (Paid) Received in Acquisition--------------
Purchases of Federal Home Loan Bank stock------541361331611076197223
BOLI claim benefits received2----1-4227814
Purchases of loans908074351319529-1--579
Proceeds from sales of premises and equipment21210200210-1000
Purchases of premises and equipment99881665335131497
Net cash used in investing activities-89-279-185-239-69-409-581-3064743-508-718-648-470
Increase (Decrease) in Deposits-21279272-227-1801316301611162729771,396-671-271
Increase in mortgage escrow deposits------11-017011
Purchase of treasury stock049642201320212147-
Purchase of employee restricted shares to fund statutory tax withholding------11221112
Cash dividends paid to stockholders2527413236414560547366717272
Proceeds from Other Equity--611122220---
Stock options exercised0000036310-1-1
Stock options exercised0000036310-1-1
Proceeds from long-term borrowings246236-3015956953553476951,2432,4309143,982535
Proceeds from long-term borrowings246236-3015956953553476951,2432,4309143,982535
Repayments of long-term borrowings-----------1,4543,25358
Repayments of long-term borrowings-----------1,4543,25358
Proceeds from (Repayments of) Short-Term Debt47-6-61179-1125335323-191-11-294-8-19156
Proceeds from (Repayments of) Short-Term Debt47-6-61179-1125335323-191-11-294-8-19156
Repayment of subordinated debentures-----------15--
Repayment of subordinated debentures-----------15--
Net cash provided by (used in) financing activities-75203111137-25292496236-251-136747740-79290
Net cash provided by (used in) financing activities-75203111137-25292496236-251-136747740-79290
Net (decrease) increase in cash and cash equivalents---------44346180-526-6
Interest on deposits and borrowings79614537404244465974493647210
Income taxes1826262926413441153437575146
Transfer From Loans To Foreclosed Assets5251675104422301-
Real Estate Owned, Transfer to Real Estate Owned-------------15
Investment securities----158-----255---
Loans, net----------1,753---
Bank-owned life insurance----------37---
Goodwill and other intangible assets, net----5025---2232---
Bank premises and equipment----------17---
Other assets----341---024---
Total non-cash assets acquired at fair value----89527---222,118---
Deposits----------1,758---
Borrowings and subordinated debt----113-----227---
Other Liabilities-----20--------
Total liabilities assumed----8800--------