Company
Provident Financial Services, Inc.
Headquarters: Jersey City, NJ, United States
Founded: 1839
Employees: 1,119
CEO: Mr. Anthony J. Labozzetta
Market Cap
$1.85 Billion
USD as of July 1, 2024
Provident Financial Services, Inc. Categories
United States Financials Banks—RegionalUnited States Financials United States Banks—Regional
Top Competitors by Market Capitalization
Industry: Banks—Regional
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| HDFC Bank | $169.00 B |
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Sector:
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|---|---|
| Berkshire Hathaway | $887.16 B |
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| Mastercard | $416.63 B |
| Bank of America | $316.02 B |
Detailed Description
Provident Financial Services, Inc. operates as the bank holding company for Provident Bank that provides various banking products and services to individuals, families, and businesses in the United States. The company's deposit products include savings, checking, interest-bearing checking, money market deposit, and certificate of deposit accounts, as well as IRA products. Its loan portfolio comprises commercial real estate loans that are secured by properties, such as multi-family apartment buildings, office buildings, and retail and industrial properties; commercial business loans; fixed-rate and adjustable-rate mortgage loans collateralized by one- to four-family residential real estate properties; commercial construction loans; and consumer loans consisting of home equity loans, home equity lines of credit, marine loans, personal loans and unsecured lines of credit, and auto and recreational vehicle loans. The company also offers cash management, remote deposit capture, payroll origination, escrow account management, and online and mobile banking services; and business credit cards. In addition, it provides wealth management services comprising investment management, trust and estate administration, financial planning, tax compliance and planning, and private banking. Further, the company sells insurance and investment products, including annuities; operates as a real estate investment trust for acquiring mortgage loans and other real estate related assets; and manages and sells real estate properties acquired through foreclosure. As of December 31, 2021, it operated 96 full-service branch offices in northern and central New Jersey, as well as in Pennsylvania and New York counties. The company was founded in 1839 and is headquartered in Jersey City, New Jersey.
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Stocks & Indices
Provident Financial Services, Inc. has the following listings and related stock indices.
Stock: NYSE: PFS wb_incandescent
Stock: FSX: PQ3 wb_incandescent
Product & Services
Financial services
Key People
Christopher Martin, Executive Chairman Anthony Labozzetta, President & CEO of Provident Bank
Financials
Net income: US$96.9 million (2020)
Total assets: US$12.9 billion (2020)