Provident Financial Services Inc
NYSE:PFS

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Provident Financial Services Inc
NYSE:PFS
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Price: 18.96 USD -0.53%
Market Cap: 2.5B USD
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Provident Financial Services Inc
Retained Earnings

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
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Provident Financial Services Inc
Retained Earnings Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Retained Earnings CAGR 3Y CAGR 5Y CAGR 10Y
Provident Financial Services Inc
NYSE:PFS
Retained Earnings
$973m
CAGR 3-Years
7%
CAGR 5-Years
7%
CAGR 10-Years
8%
MGIC Investment Corp
NYSE:MTG
Retained Earnings
$5.1B
CAGR 3-Years
18%
CAGR 5-Years
19%
CAGR 10-Years
N/A
PennyMac Financial Services Inc
NYSE:PFSI
Retained Earnings
$3.7B
CAGR 3-Years
6%
CAGR 5-Years
45%
CAGR 10-Years
56%
UWM Holdings Corp
NYSE:UWMC
Retained Earnings
$110.7m
CAGR 3-Years
-64%
CAGR 5-Years
-18%
CAGR 10-Years
N/A
Rocket Companies Inc
NYSE:RKT
Retained Earnings
$284.3m
CAGR 3-Years
11%
CAGR 5-Years
N/A
CAGR 10-Years
N/A
Mr Cooper Group Inc
NASDAQ:COOP
Retained Earnings
$4.8B
CAGR 3-Years
21%
CAGR 5-Years
49%
CAGR 10-Years
N/A
No Stocks Found

Provident Financial Services Inc
Glance View

Market Cap
2.5B USD
Industry
Financial Services

Provident Financial Services Inc. stands as a testament to a vision rooted in community-centric banking, with its origins tracing back to the early 19th century. From its headquarters in Jersey City, New Jersey, Provident has grown into a significant player in the regional banking industry, primarily serving customers across New Jersey and eastern Pennsylvania. At its core, the company operates Provident Bank, a full-service retail and commercial bank that prides itself on a personal touch in an increasingly digital world. The bank's operations revolve around providing a wide array of financial products and services that cater to both individual and business clients. These include traditional savings and checking accounts, mortgage loans, and unique lending solutions tailored to support small to medium enterprises. Earnings for Provident Financial Services are largely driven by the interest earned on its loan portfolio, complemented by fee income from various banking services. This dual-income stream strategy allows the bank to maintain a steady revenue flow even during varying economic cycles. It leverages its solid asset base and local expertise to manage risks effectively, ensuring a stable return for its investors. Furthermore, Provident’s community-oriented ethos is reflected in its strategic partnerships and sponsorships of local events, reinforcing its reputation as a trusted regional financial institution. This customer-first approach, combined with prudent financial management, positions Provident Financial as a steadfast entity in the competitive banking landscape.

PFS Intrinsic Value
29.89 USD
Undervaluation 37%
Intrinsic Value
Price

See Also

What is Provident Financial Services Inc's Retained Earnings?
Retained Earnings
973m USD

Based on the financial report for Sep 30, 2024, Provident Financial Services Inc's Retained Earnings amounts to 973m USD.

What is Provident Financial Services Inc's Retained Earnings growth rate?
Retained Earnings CAGR 10Y
8%

Over the last year, the Retained Earnings growth was 1%. The average annual Retained Earnings growth rates for Provident Financial Services Inc have been 7% over the past three years , 7% over the past five years , and 8% over the past ten years .

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