
Provident Financial Services Inc
NYSE:PFS

Provident Financial Services Inc
Tax Provision
Provident Financial Services Inc
Tax Provision Peer Comparison
Competitors Analysis
Latest Figures & CAGR of Competitors
Company | Tax Provision | CAGR 3Y | CAGR 5Y | CAGR 10Y | ||
---|---|---|---|---|---|---|
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Provident Financial Services Inc
NYSE:PFS
|
Tax Provision
-$34.1m
|
CAGR 3-Years
17%
|
CAGR 5-Years
0%
|
CAGR 10-Years
-1%
|
|
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MGIC Investment Corp
NYSE:MTG
|
Tax Provision
-$205.7m
|
CAGR 3-Years
-7%
|
CAGR 5-Years
-3%
|
CAGR 10-Years
-54%
|
|
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PennyMac Financial Services Inc
NYSE:PFSI
|
Tax Provision
-$89.6m
|
CAGR 3-Years
37%
|
CAGR 5-Years
8%
|
CAGR 10-Years
-13%
|
|
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UWM Holdings Corp
NYSE:UWMC
|
Tax Provision
-$6.6m
|
CAGR 3-Years
12%
|
CAGR 5-Years
N/A
|
CAGR 10-Years
N/A
|
|
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Rocket Companies Inc
NYSE:RKT
|
Tax Provision
-$32.2m
|
CAGR 3-Years
34%
|
CAGR 5-Years
-36%
|
CAGR 10-Years
N/A
|
|
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Mr Cooper Group Inc
NASDAQ:COOP
|
Tax Provision
-$232m
|
CAGR 3-Years
21%
|
CAGR 5-Years
N/A
|
CAGR 10-Years
N/A
|
Provident Financial Services Inc
Glance View
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.

See Also
What is Provident Financial Services Inc's Tax Provision?
Tax Provision
-34.1m
USD
Based on the financial report for Dec 31, 2024, Provident Financial Services Inc's Tax Provision amounts to -34.1m USD.
What is Provident Financial Services Inc's Tax Provision growth rate?
Tax Provision CAGR 10Y
-1%
Over the last year, the Tax Provision growth was 28%. The average annual Tax Provision growth rates for Provident Financial Services Inc have been 17% over the past three years , and -1% over the past ten years .