Provident Financial Services (PFS) Tops Q4 EPS by 6c

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Provident Financial Services, Inc. Announces Record Fourth Quarter and Full Year Earnings, Declares Increased Quarterly Cash Dividend and Special Cash Dividend

February 1, 2019 8:00 AM EST

ISELIN, N.J., Feb. 01, 2019 (GLOBE NEWSWIRE) -- Provident Financial Services, Inc. (NYSE: PFS) (the Company) reported net income of $35.8 million, or $0.55 per basic and diluted share for the quarter ended December 31, 2018, compared to net income of $19.5 million, or $0.30 per basic and diluted share for the quarter ended December 31, 2017.  For the year ended December 31, 2018, the Company reported net income of $118.4 million, or $1.82 per basic and diluted share, compared to net income of $93.9 million, or $1.46 per basic share and $1.45 per diluted share for 2017.

For the quarter and the year ended December 31, 2018,... More