Provident Financial Services (PFS) Tops Q1 EPS by 2c
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Provident Financial Services, Inc. Announces Increased First Quarter Earnings and Declares Quarterly Cash Dividend
April 26, 2019 8:00 AM EDTISELIN, N.J., April 26, 2019 (GLOBE NEWSWIRE) -- Provident Financial Services, Inc. (NYSE: PFS) (the Company) reported net income of $30.9 million, or $0.48 per basic and diluted share, for the three months ended March 31, 2019, compared to net income of $27.9 million, or $0.43 per basic and diluted share, for the three months ended March 31, 2018.Â
The Company's earnings for the quarter ended March 31, 2019 were positively impacted by a lower provision for loan losses stemming from an improvement in asset quality and an increase in net interest income driven by the expansion of the net... More
