Financial Services - Banks - Regional - NYSE - US
$ 21.4
1.04 %
$ 2.79 B
Market Cap
21.19
P/E
INCOME STATEMENT
451 M
REVENUE
564 M
OPERATING INCOME
128 M
NET INCOME
EFFICIENCY
Earnings Waterfall
Provident Financial Services, Inc.
| Revenue | 451 M |
| Cost Of Revenue | -197 M |
| Gross Profit | 648 M |
| Operating Expenses | 209 M |
| Operating Income | 564 M |
| Other Expenses | 435 M |
| Net Income | 128 M |
Income Statement
Millions
| Dec-2023 | Dec-2022 | Dec-2021 | Dec-2020 | Dec-2019 | Dec-2018 | Dec-2017 | Dec-2016 | Dec-2015 | Dec-2014 | Dec-2013 | Dec-2012 | Dec-2011 | Dec-2010 | Dec-2009 | Dec-2008 | Dec-2007 | Dec-2006 | Dec-2005 | Dec-2004 | Dec-2003 | Dec-2002 | Dec-2001 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| REVENUE | |||||||||||||||||||||||
| Revenue | 451.4 | 505.3 | 452.8 | 385.0 | 361.8 | 359.4 | 333.9 | 314.0 | 305.1 | 280.1 | 260.2 | 260.9 | 248.8 | 240.7 | 214.5 | 202.3 | 185.5 | 196.5 | 210.7 | 191.5 | 153.7 | 138.2 | 23.1 |
| GROSS PROFIT | |||||||||||||||||||||||
| Cost Of Revenue | (196.9) | 43.0 | 38.6 | 36.2 | 33.8 | 31.1 | 28.8 | 27.6 | 28.8 | 27.7 | 24.5 | 25.4 | 23.2 | 23.1 | 25.1 | 22.6 | 20.8 | 18.9 | 19.7 | 21.3 | 19.4 | 0 | 0 |
| Gross Profit | 648.3 | 462.3 | 414.2 | 348.8 | 327.9 | 328.3 | 305.1 | 286.4 | 276.3 | 252.3 | 235.7 | 235.5 | 225.6 | 217.6 | 189.4 | 179.6 | 164.7 | 177.6 | 191.0 | 170.3 | 134.3 | 138.2 | 23.1 |
| OPERATING INCOME | |||||||||||||||||||||||
| Operating Expenses | 208.6 | 5.2 | (225.7) | (257.4) | (214.7) | (156.3) | 3.9 | 3.7 | 4.2 | 5.0 | 3.9 | 4.1 | 4.0 | 4.0 | 4.3 | 4.1 | 4.9 | 3.8 | 4.3 | 6.0 | 3.8 | (39.2) | 96.5 |
| Selling, General and Administrative Expenses | 208.6 | 157.6 | 153.6 | 138.4 | 122.3 | 118.8 | 117.1 | 114.7 | 109.0 | 101.9 | 91.6 | 90.1 | 94.2 | 90.5 | 94.1 | 4.1 | 77.1 | 67.1 | 69.1 | 67.1 | 58.5 | 49.9 | 3.6 |
| Research and Development Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | 563.6 | 288.7 | 227.1 | 127.6 | 147.1 | 203.1 | 291.1 | 271.0 | 258.7 | 246.6 | 224.4 | 232.7 | 248.5 | 259.4 | 263.1 | 277.6 | 276.9 | 259.4 | 252.5 | 202.3 | 161.3 | 99.0 | 119.7 |
| PRE-TAX INCOME | |||||||||||||||||||||||
| Interest Income Expense | 216.4 | 48.6 | 36.3 | 50.7 | 73.5 | 59.2 | 45.6 | 43.7 | 41.9 | 40.5 | 36.8 | 44.9 | 59.7 | 77.6 | 111.5 | 132.3 | 147.7 | 117.6 | 95.0 | 67.2 | 54.6 | 63.2 | 84.5 |
| Total Other Income | (387.8) | (48.2) | (46.6) | (44.6) | (37.9) | (36.7) | (35.4) | (35.9) | (37.9) | (37.1) | (30.8) | (7.6) | (1.1) | (1.7) | (254.1) | (2.3) | 4.9 | (1.5) | (26.9) | (133.7) | (135.6) | (62.7) | (84.5) |
| Pre-Tax Income | 175.8 | 240.1 | 227.1 | 127.6 | 147.1 | 143.9 | 140.5 | 124.8 | 120.2 | 105.4 | 105.9 | 96.1 | 77.2 | 66.3 | (114.8) | 56.6 | 50.9 | 76.9 | 85.9 | 68.6 | 25.8 | 36.3 | 35.2 |
| NET INCOME | |||||||||||||||||||||||
| Tax Provision | 47.4 | 64.5 | 59.2 | 30.6 | 34.5 | 25.5 | 46.5 | 37.0 | 36.4 | 31.8 | 35.4 | 28.9 | 19.8 | 16.6 | 7.0 | 14.9 | 13.5 | 23.2 | 27.4 | 19.3 | 7.0 | 9.2 | 11.1 |
| Net Income | 128.4 | 175.6 | 167.9 | 97.0 | 112.6 | 118.4 | 93.9 | 87.8 | 83.7 | 73.6 | 70.5 | 67.3 | 57.3 | 49.7 | (121.8) | 41.6 | 37.4 | 53.7 | 58.5 | 49.3 | 18.7 | 26.6 | 24.1 |
| EPS | 1.72 | 2.35 | 2.2 | 1.39 | 1.74 | 1.82 | 1.46 | 1.38 | 1.33 | 1.22 | 1.23 | 1.18 | 1.01 | 0.88 | 2.16 | 0.74 | 0.63 | 0.88 | 0.89 | 0.8 | 0.32 | 0.43 | 0.39 |