Provident Financial Services (PFS) financial statements
Provident Financial Services reported revenue of $73M in fiscal 2025, up 8.2% a year over 9 years.
Net income was $291M.
Free cash flow was $431M, and the company returned $126M in dividends.
The diluted share count rose 104% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from Provident Financial Services's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $36M | $36M | $37M | $41M | $46M | $58M | $55M | $58M | $68M | $73M |
| Interest expense | $44M | $46M | $59M | $73M | $51M | $36M | $49M | $216M | — | — |
| Pre-tax income | $125M | $140M | $144M | $147M | $128M | $227M | $240M | $176M | $150M | $408M |
| Income tax | $37M | $47M | $26M | $34M | $31M | $59M | $64M | $47M | $34M | $117M |
| Net income | $88M | $94M | $118M | $113M | $97M | $168M | $176M | $128M | $116M | $291M |
| EPS (diluted) | $1.38 | $1.45 | $1.82 | $1.74 | $1.39 | $2.19 | $2.35 | $1.71 | $1.05 | $2.23 |
| Diluted shares | 64M | 65M | 65M | 65M | 70M | 77M | 75M | 75M | 110M | 131M |
| Net margin | 244.6% | 257.5% | 317.5% | 272.4% | 212.9% | 291.7% | 319.4% | 223.2% | 169.2% | 398.3% |
Balance sheet
Fiscal years, from Provident Financial Services's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $144M | $191M | $143M | $187M | $532M | $685M | $186M | $180M | $206M | $209M |
| Property, plant and equipment | $84M | $63M | $58M | $55M | $76M | $81M | $80M | $71M | $120M | $113M |
| Goodwill | $412M | $412M | $412M | $421M | $443M | $444M | $444M | $444M | $624M | $624M |
| Total assets | $9.5B | $9.8B | $9.7B | $9.8B | $12.9B | $13.8B | $13.8B | $14.2B | $24.1B | $25.0B |
| Total liabilities | $8.2B | $8.5B | $8.4B | $8.4B | $11.3B | $12.1B | $12.2B | $12.5B | $21.5B | $22.1B |
| Shareholders' equity | $1.3B | $1.3B | $1.4B | $1.4B | $1.6B | $1.7B | $1.6B | $1.7B | $2.6B | $2.8B |
| Net debt | -$144M | -$191M | -$143M | -$187M | -$532M | -$685M | -$186M | -$180M | -$206M | -$209M |
Cash flow
Fiscal years, from Provident Financial Services's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $127M | $117M | $156M | $137M | $103M | $157M | $200M | $173M | $426M | $442M |
| Capital spending | $5M | $3M | $3M | $5M | $13M | $14M | $9M | $7M | $1M | $12M |
| Free cash flow | $122M | $114M | $153M | $132M | $90M | $143M | $191M | $166M | $425M | $431M |
| Dividends paid | $45M | $60M | $54M | $73M | $66M | $71M | $72M | $72M | $101M | $126M |
| Share buybacks (net) | -$2M | -$443,000 | -$13M | -$20M | -$21M | -$21M | -$47M | $0 | $0 | $0 |
| Net borrowing | -$95M | $130M | -$300M | -$317M | -$151M | $905M | $711M | $633M | -$1.4B | -$58M |
| Free cash flow margin | 340.7% | 312.5% | 409.2% | 319.3% | 198.7% | 248.5% | 347.2% | 288.4% | 622.5% | 589.2% |
| Dividends per share | $0.71 | $0.93 | $0.82 | $1.12 | $0.95 | $0.93 | $0.96 | $0.97 | $0.92 | $0.96 |
Questions
What was Provident Financial Services's revenue in 2025?
$73M in fiscal 2025, from its 10-K filing.
How much free cash flow does Provident Financial Services generate?
$431M in fiscal 2025 (operating cash flow minus capital spending).
From Provident Financial Services's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.