Provident Financial Services (PFS) Tops Q4 EPS by 17c

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Provident Financial Services, Inc. Announces Fourth Quarter and Full Year Earnings, Adoption of Stock Repurchase Program, Declaration of Quarterly Cash Dividend and Annual Meeting Date

January 29, 2021 8:00 AM EST

ISELIN, N.J., Jan. 29, 2021 (GLOBE NEWSWIRE) -- Provident Financial Services, Inc. (NYSE: PFS) (the Company) reported net income of $40.6 million, or $0.53 per basic and diluted share for the quarter ended December 31, 2020, compared to net income of $26.0 million, or $0.40 per basic and diluted share for the quarter ended December 31, 2019. For the year ended December 31, 2020, the Company reported net income of $97.0 million, or $1.39 per basic and diluted share, compared to net income of $112.6 million, or $1.74 per basic and diluted share for 2019.

The Companys earnings for the quarter and year ended December... More