PFS Provident Financial Services Inc

  1. Stocks
  2. Financial Services
  3. NYSE: PFS

Price (delayed)

$22.09

Market cap

$1.67B

P/E Ratio

10.32

Dividend/share

$0.95

EPS

$2.14

Enterprise value

$1.64B

Provident Bank, a community-oriented financial institution offering 'Commitment you can count on' since 1839, is the wholly owned subsidiary of Provident Financial Services, Inc., which reported assets of $12.92 billion ...

Highlights
The debt has dropped by 58% year-on-year and by 36% since the previous quarter
PFS's P/E is 25% below its 5-year quarterly average of 13.5 and 6% below its last 4 quarters average of 10.8
Provident Financial Services's net income has increased by 25% YoY but it has decreased by 2.7% from the previous quarter
Provident Financial Services's EPS has increased by 21% YoY but it has decreased by 2.7% QoQ
The company's equity fell by 4.5% QoQ
Sector: Financial Services
Industry: Banks - Regional
Website: http://www.providentnj.com
Peers: OCFC KRNY

Key stats

What are the main financial stats of PFS
Market
Shares outstanding
75.44M
Market cap
$1.67B
Enterprise value
$1.64B
Valuations
Price to earnings (P/E)
10.32
Price to book (P/B)
1.05
Price to sales (P/S)
3.55
EV/EBIT
7.42
EV/EBITDA
6.73
EV/Sales
3.48
Earnings
Revenue
$471.61M
EBIT
$221.52M
EBITDA
$244.23M
Free cash flow
$152.13M
Per share
EPS
$2.14
Free cash flow per share
$2.01
Book value per share
$21.02
Revenue per share
$6.22
TBVPS
$173.49
Balance sheet
Total assets
$13.62B
Total liabilities
$12B
Debt
$409.94M
Equity
$1.62B
Working capital
N/A
Liquidity
Debt to equity
0.25
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
-0.1
Margins
EBITDA margin
51.8%
Gross margin
100%
Net margin
34.6%
Operating margin
47%
Efficiency
Return on assets
1.2%
Return on equity
9.8%
Return on invested capital
1.7%
Return on capital employed
N/A
Return on sales
47%
Dividend
Dividend yield
4.3%
DPS
$0.95
Payout ratio
44.4%

PFS stock price

How has the Provident Financial Services stock price performed over time
Intraday
1.61%
1 week
0.23%
1 month
-0.45%
1 year
-13.74%
YTD
-8.79%
QTD
-5.6%

Financial performance

How have Provident Financial Services's revenue and profit performed over time
Revenue
$471.61M
Gross profit
$471.61M
Operating income
$221.52M
Net income
$163.32M
Gross margin
100%
Net margin
34.6%
The operating income has grown by 29% YoY but it has contracted by 2.5% from the previous quarter
Provident Financial Services's net income has increased by 25% YoY but it has decreased by 2.7% from the previous quarter
Provident Financial Services's revenue has increased by 16% YoY
The gross profit has grown by 16% YoY

Growth

What is Provident Financial Services's growth rate over time

Valuation

What is Provident Financial Services stock price valuation
P/E
10.32
P/B
1.05
P/S
3.55
EV/EBIT
7.42
EV/EBITDA
6.73
EV/Sales
3.48
PFS's P/E is 25% below its 5-year quarterly average of 13.5 and 6% below its last 4 quarters average of 10.8
Provident Financial Services's EPS has increased by 21% YoY but it has decreased by 2.7% QoQ
The P/B is 6% below the 5-year quarterly average of 1.1 and 6% below the last 4 quarters average of 1.1
The company's equity fell by 4.5% QoQ
The P/S is 19% below the 5-year quarterly average of 4.3 and 8% below the last 4 quarters average of 3.8
Provident Financial Services's revenue has increased by 16% YoY

Efficiency

How efficient is Provident Financial Services business performance
The ROIC has grown by 21% YoY
Provident Financial Services's ROE has increased by 18% YoY but it has decreased by 2% from the previous quarter
Provident Financial Services's return on sales has increased by 11% YoY
The ROA has grown by 9% YoY but it has contracted by 8% from the previous quarter

Dividends

What is PFS's dividend history
Dividend details
DPS
$0.95
Dividend yield
4.3%
Payout ratio
44.4%
Recent dividends

Financial health

How did Provident Financial Services financials performed over time
The company's total assets is 14% higher than its total liabilities
The total liabilities has grown by 4.5% year-on-year
The company's total assets rose by 3.7% YoY
The debt is 75% smaller than the equity
The debt has dropped by 58% year-on-year and by 36% since the previous quarter
Provident Financial Services's debt to equity has plunged by 58% YoY and by 34% from the previous quarter

All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise specified.