Provident Financial Services, Inc.

Provident Financial Services, Inc.

PFSยทNYSE

$21.54

-1.4%
Financial ServicesBanks - Regional

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. The company's deposit products include savings, checking, interest-bearing checking, money market deposit, and certificate of deposit accounts, as well as IRA products. Its loan portfolio comprises commercial real estate loans that are secured by properties, such as multi-family apartment buildings, office buildings, and retail and industrial properties; 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, marine loans, personal loans and unsecured lines of credit, and auto and recreational vehicle loans. The company also offers cash management, remote deposit capture, payroll origination, escrow account management, and online and mobile banking services; and business credit cards. In addition, it provides wealth management services comprising investment management, trust and estate administration, financial planning, tax compliance and planning, and private banking. Further, the company sells insurance and investment products, including annuities; operates as a real estate investment trust for acquiring mortgage loans and other real estate related assets; and manages and sells real estate properties acquired through foreclosure. As of December 31, 2021, it operated 96 full-service branch offices in northern and central New Jersey, as well as in Pennsylvania and New York counties. The company was founded in 1839 and is headquartered in Jersey City, New Jersey.

At a Glance

Live Snapshot
Market Cap$2.81B
EPS2.2300
P/E Ratio9.66
Earnings Date07/23/2026
Provident Financial Services, Inc.

Provident Financial Services, Inc. Fair Value Envelope

PFS ยท NYSE

Our analysis suggests that PFS has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $21.54, this represents a potential HIDDEN relative to our calculated worth for Provident Financial Services, Inc..

Intrinsic Value
Current Price: $21.54

Owner Earnings Valuation Tool

Warren Buffett's Owner Earnings DCF analysis for intrinsic value calculation

Historical Financial Data

Base year metrics used for projections

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Projection Settings

Forecast period and terminal assumptions

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DCF Valuation Summary

Calculation flow from present value to intrinsic value per share

Present Value$7.1B
+ Cash & Equivalents$211.5M
Firm Value$7.3B
- Debt$2.5B
Equity Value$4.8B
/ Shares Outstanding130,625,385B
DCF Value$37
UNDERVALUED BY 70%

Owner Earnings Projections

Operating Cash Flow - Maintenance CapEx = Owner Earnings

Metric
Year 1
Year 2
Year 3
Year 4
Year 5
Year 6
Year 7
Year 8
Year 9
Year 10
Operating Cash Flow
$448.1M
$454.1M
$460.1M
$466.3M
$472.5M
$478.7M
$485.1M
$491.5M
$498.1M
$504.7M
Maintenance CapEx
-$2.3M
-$2.4M
-$2.4M
-$2.4M
-$2.5M
-$2.5M
-$2.5M
-$2.6M
-$2.6M
-$2.6M
Owner Earnings
$445.8M
$451.7M
$457.7M
$463.8M
$470.0M
$476.2M
$482.6M
$489.0M
$495.5M
$502.1M
Discount Factor
0.926
0.857
0.794
0.735
0.681
0.630
0.583
0.540
0.500
0.463
Present Value
$412.8M
$387.3M
$363.4M
$340.9M
$319.9M
$300.1M
$281.6M
$264.2M
$247.9M
$232.6M
Terminal Value represents 55.7% of Enterprise Value