Provident Financial Services-Provident Financial (PFS) Reports Q4 Earnings: What Key Metrics Have to Say

Core Insights - Provident Financial reported revenue of $205.91 million for the quarter ended December 2024, marking a year-over-year increase of 79.4% [1] - The earnings per share (EPS) for the same period was$ 0.37, slightly up from $0.36 a year ago [1] - The reported revenue fell short of the Zacks Consensus Estimate of$ 209.6 million by 1.76% [1] - The EPS also missed the consensus estimate of $0.50 by 26.00% [1] Performance Metrics - Net Interest Margin was reported at 3.3%, compared to the average estimate of 3.4% from two analysts [4] - The Efficiency Ratio stood at 55.4%, slightly better than the estimated 55.6% [4] - Total Non-Interest Income was$ 24.18 million, below the average estimate of $25.83 million [4] - Net Interest Income was reported at$ 181.74 million, missing the estimated $183.77 million [4] Stock Performance - Shares of Provident Financial have returned +1.7% over the past month, outperforming the Zacks S&P 500 composite's +0.8% change [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the broader market in the near term [3]