Provident Financial Services (PFS) Declares $0.19 Quarterly Dividend; 2.8% Yield
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Provident Financial Services, Inc. Announces First Quarter Earnings and Declares Quarterly Cash Dividend
April 28, 2017 10:17 AM EDTISELIN, N.J., April 28, 2017 (GLOBE NEWSWIRE) -- Provident Financial Services, Inc. (NYSE: PFS) (the Company) reported net income of $23.5 million, or $0.37 per basic and diluted share, for the three months ended March 31, 2017, compared to net income of $21.0 million, or $0.33 per basic and diluted share, for the three months ended March 31, 2016.
Earnings for the three months ended March 31, 2017, compared to the same period in 2016, were favorably impacted by growth in average loans outstanding and growth in average core deposits. In addition, new accounting guidance for share-based transactions, which the Company... More
