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Upturn AI SWOT - About
PFS 
Provident Financial Services Inc (PFS)
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Upturn Advisory Summary
04/01/2025: PFS (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
AI Based Fundamental Rating
Below Average Performance
These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.
Analysis of Past Performance
Type Stock | Historic Profit -20.78% | Avg. Invested days 34 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  2.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 04/01/2025 |
Key Highlights
Company Size Mid-Cap Stock | Market Capitalization 2.24B USD | Price to earnings Ratio 16.37 | 1Y Target Price 23 |
Price to earnings Ratio 16.37 | 1Y Target Price 23 | ||
Volume (30-day avg) 645107 | Beta 1.04 | 52 Weeks Range 12.52 - 21.96 | Updated Date 04/1/2025 |
52 Weeks Range 12.52 - 21.96 | Updated Date 04/1/2025 | ||
Dividends yield (FY) 5.59% | Basic EPS (TTM) 1.05 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 19.03% | Operating Margin (TTM) 48.63% |
Management Effectiveness
Return on Assets (TTM) 0.6% | Return on Equity (TTM) 5.38% |
Valuation
Trailing PE 16.37 | Forward PE 8.26 | Enterprise Value 4519730176 | Price to Sales(TTM) 3.69 |
Enterprise Value 4519730176 | Price to Sales(TTM) 3.69 | ||
Enterprise Value to Revenue 6.55 | Enterprise Value to EBITDA - | Shares Outstanding 130501000 | Shares Floating 125994130 |
Shares Outstanding 130501000 | Shares Floating 125994130 | ||
Percent Insiders 2.98 | Percent Institutions 69.95 |
Analyst Ratings
Rating 4.17 | Target Price 23.67 | Buy 3 | Strong Buy 2 |
Buy 3 | Strong Buy 2 | ||
Hold 1 | Sell - | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
Provident Financial Services Inc
Company Overview
History and Background
Provident Financial Services, Inc. was founded in 1839. It operates as a bank holding company for Provident Bank, offering various financial products and services. Over time, it has grown through organic expansion and strategic acquisitions.
Core Business Areas
- Commercial Lending: Offers commercial real estate loans, commercial and industrial loans, and other business-related financing solutions.
- Retail Banking: Provides deposit accounts, mortgage loans, consumer loans, and wealth management services to individuals and families.
- Investment Management: Offers wealth management services through Beacon Trust and other financial advisory services.
Leadership and Structure
Anthony Labozzetta is the President and CEO. The company has a board of directors and operates through various departments responsible for different business areas.
Top Products and Market Share
Key Offerings
- Commercial Real Estate Loans: Provides financing for commercial real estate projects. Market share data is difficult to pinpoint without specialized services; competitors include regional banks like Valley National Bancorp (VLY) and larger national banks.
- Mortgage Loans: Offers mortgage products to individuals. Market share is relatively small; competes with larger national mortgage lenders like Rocket Mortgage and Wells Fargo (WFC).
- Deposit Accounts: Provides checking, savings, and money market accounts. Competitors include Chase (JPM) and Bank of America (BAC).
Market Dynamics
Industry Overview
The banking industry is highly competitive and subject to regulatory changes, interest rate fluctuations, and economic cycles. Increasing Fintech competition is impacting all segments.
Positioning
Provident Financial Services Inc. operates as a regional bank, focusing on serving the needs of businesses and individuals in its geographic footprint. It competes with larger national banks and smaller community banks.
Total Addressable Market (TAM)
The TAM is the entirety of the banking sector in Provident's operating regions. Exact values are hard to provide. Provident is a smaller player in a large fragmented market.
Upturn SWOT Analysis
Strengths
- Strong regional presence
- Diversified product offerings
- Experienced management team
- Stable deposit base
Weaknesses
- Limited geographic reach
- Smaller size compared to national competitors
- Reliance on traditional banking services
- Lower brand recognition compared to bigger banks
Opportunities
- Expansion into new markets
- Increased focus on digital banking
- Strategic acquisitions
- Growing demand for wealth management services
Threats
- Increased competition from larger banks and fintech companies
- Economic downturn
- Rising interest rates
- Regulatory changes
Competitors and Market Share
Key Competitors
- Valley National Bancorp (VLY)
- Lakeland Bancorp Inc (LBAI)
- OceanFirst Financial Corp (OCFC)
Competitive Landscape
Provident Financial Services Inc. competes with larger regional banks and smaller community banks. Its advantages include its local market knowledge and customer relationships. Disadvantages include its smaller size and limited resources.
Major Acquisitions
SB One Bancorp
- Year: 2020
- Acquisition Price (USD millions): 208.9
- Strategic Rationale: Expanded market share and geographic reach.
Growth Trajectory and Initiatives
Historical Growth: Data needs to be extracted from their financial reports and inputted here. Discuss Provident Financial Services Inc's growth trends over the past years.
Future Projections: Data needs to be extracted from analyst reports and inputted here. Provide projections for Provident Financial Services Inc's future growth based on analyst estimates.
Recent Initiatives: Highlight recent strategic initiatives undertaken by Provident Financial Services Inc.
Summary
Provident Financial Services is a regional bank with a stable presence. They have diversified product offerings and a strong regional presence, but its smaller size and limited geographic reach compared to larger competitors are weaknesses. The bank's future hinges on expansion and digital adoption.
Similar Companies
LBAI
Lakeland Bancorp Inc
LBAI
Lakeland Bancorp Inc
OCFC
OceanFirst Financial Corp
OCFC
OceanFirst Financial Corp
VLY
Valley National Bancorp
VLY
Valley National Bancorp
Sources and Disclaimers
Data Sources:
- Company website
- SEC filings
- Analyst reports (where available)
- Financial news sources
Disclaimers:
The data provided is for informational purposes only and should not be considered investment advice. Market share estimates are approximate and may vary. Financial data needs to be populated from actual reported financials.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Provident Financial Services Inc
Exchange NYSE | Headquaters Jersey City, NJ, United States | ||
IPO Launch date 2003-01-16 | President, CEO & Director Mr. Anthony J. Labozzetta | ||
Sector Financial Services | Industry Banks - Regional | Full time employees 1753 | Website https://www.provident.bank |
Full time employees 1753 | Website https://www.provident.bank | ||
Provident Financial Services, Inc. operates as the bank holding company for Provident Bank that provides various banking products and services to individuals, families, and businesses in the United States. Its deposit products include savings, checking, interest-bearing checking, money market deposit, and certificate of deposit accounts, as well as IRA products. The company's loan portfolio comprises commercial real estate loans that are secured by properties, such as multi-family apartment buildings, retail and industrial properties, and office buildings; commercial business loans; fixed-rate and adjustable-rate mortgage loans collateralized by one- to four-family residential real estate properties; commercial construction loans; and consumer loans consisting of home equity loans, home equity lines of credit, personal loans and unsecured lines of credit, and auto and recreational vehicle loans. It also offers cash management, remote deposit capture, payroll origination, escrow account management, and online and mobile banking services; and business credit cards. In addition, the company provides wealth management services comprising investment management, trust and estate administration, financial planning, and tax compliance and planning. Further, it sells insurance and investment products, including annuities; and manages and sells real estate properties acquired through foreclosure. The company was founded in 1839 and is headquartered in Jersey City, New Jersey.
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