Provident Financial Services (PFS)

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	205.94 mm	205.94 mm	205.94 mm	205.94 mm	205.94 mm	205.94 mm
Cash burn (monthly)	12.72 mm	(no burn)	(no burn)	(no burn)	(no burn)	(no burn)
Cash used (since last report)	45.90 mm	n/a	n/a	n/a	n/a	n/a
Cash remaining	160.04 mm	n/a	n/a	n/a	n/a	n/a
Runway (months of cash)	12.6	n/a	n/a	n/a	n/a	n/a

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Institutional ownership, Q4 2024

PFS institutional ownership history Ownership history

67.5% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	252	246	+2.4%
Opened positions	33	36	-8.3%
Closed positions	27	40	-32.5%
Increased positions	93	68	+36.8%
Reduced positions	69	91	-24.2%

13F shares	Current	Prev Q	Change
Total value	1.63 tn	1.59 tn	+2.6%
Total shares	88.04 mm	87.39 mm	+0.7%
Total puts	500.00	91.30 k	-99.5%
Total calls	19.90 k	35.80 k	-44.4%
Total put/call ratio	0.0	2.6	-99.0%

Largest owners	Shares	Value	Change
BlackRock	19.17 mm	$361.82 bn	-0.5%
Vanguard	14.61 mm	$275.60 bn	+0.4%
STT State Street	7.94 mm	$149.85 bn	+3.4%
Dimensional Fund Advisors	7.74 mm	$146.03 bn	+0.1%
Geode Capital Management	2.93 mm	$55.34 bn	-0.5%
American Century Companies	2.46 mm	$46.35 bn	+3.4%
Systematic Financial Management	1.98 mm	$37.29 bn	+4.6%
Charles Schwab Investment Management	1.83 mm	$34.46 bn	+1.9%
Wellington Management	1.74 mm	$32.80 bn	-6.3%
HBCYF HSBC	1.69 mm	$31.93 bn	+6.9%

Largest transactions	Shares	Bought/sold	Change
MS Morgan Stanley	1.47 mm	-486.31 k	-24.9%
Norges Bank	382.89 k	+382.89 k	NEW
RJF Raymond James Financial	370.69 k	+370.69 k	NEW
Chartwell Investment Partners	0.00	-299.76 k	EXIT
Assenagon Asset Management	266.37 k	+266.37 k	NEW
STT State Street	7.94 mm	+257.65 k	+3.4%
Millennium Management	100.14 k	-254.56 k	-71.8%
IVZ Invesco	878.49 k	+240.52 k	+37.7%
Basswood Capital Management, L.L.C.	1.11 mm	+212.40 k	+23.8%
Two Sigma Investments	467.74 k	-205.07 k	-30.5%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

PFS insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
13 Mar 25	George Lista	Common Stock	Buy	Acquire P	Yes	No	16.7293	1,000	16.73 k	9,956
4 Mar 25	Ravi Vakacherla	Common Stock	Payment of exercise	Dispose F	No	No	17.76	590	10.48 k	12,705
4 Mar 25	Walter Sierotko	Common Stock	Payment of exercise	Dispose F	No	No	17.76	430	7.64 k	32,802
4 Mar 25	Carolyn Powell	Common Stock	Payment of exercise	Dispose F	No	No	17.76	389	6.91 k	35,028
4 Mar 25	Valerie O Murray	Common Stock	Payment of exercise	Dispose F	No	No	17.76	562	9.98 k	74,111
3 Mar 25	Ravi Vakacherla	Common Stock	Grant	Acquire A	No	No	0	3,916	0.00	13,295
3 Mar 25	Ravi Vakacherla	Common Stock	Payment of exercise	Dispose F	No	No	18.21	358	6.52 k	9,379
3 Mar 25	Walter Sierotko	Common Stock	Grant	Acquire A	No	No	0	3,377	0.00	33,232
3 Mar 25	Walter Sierotko	Common Stock	Payment of exercise	Dispose F	No	No	18.21	262	4.77 k	29,855
3 Mar 25	Carolyn Powell	Common Stock	Grant	Acquire A	No	No	0	3,130	0.00	35,417

Data from 3, 4 and 5 filings. Values as filed, not updated for current price.

News

From Benzinga Pro

RBC Capital Maintains Outperform on Provident Finl Servs, Lowers Price Target to $23

30 Jan 25

RBC Capital analyst Jon Arfstrom maintains Provident Finl Servs (NYSE:PFS) with a Outperform and lowers the price target from $24 to $23.

Provident Finl Servs Q4 2024 GAAP EPS $0.37 Misses $0.47 Estimate, Sales $181.74M Miss $184.78M Estimate

28 Jan 25

Provident Finl Servs (NYSE:PFS) reported quarterly earnings of $0.37 per share which missed the analyst consensus estimate of $0.47 by 21.28 percent. This is a 2.78 percent increase over earnings of $0.36 per share from

Earnings Scheduled For January 28, 2025

28 Jan 25

Press releases

From Benzinga Pro

Peninsula Family Service, A Leading Nonprofit Organization Dedicated to Strengthening Communities Across the Peninsula, Announces Year-long Celebration of its 75th Anniversary

19 Feb 25

SAN MATEO, Calif., Feb. 19, 2025 /PRNewswire/ -- Peninsula Family Service (PFS), a leading nonprofit organization dedicated to empowering individuals and families across the Peninsula, is proud to announce a year-long

Provident Financial Services, Inc. Announces Fourth Quarter and Full Year Earnings, Declaration of Quarterly Cash Dividend and Annual Meeting Date

28 Jan 25

ISELIN, N.J., Jan. 28, 2025 (GLOBE NEWSWIRE) -- Provident Financial Services, Inc. (NYSE:PFS) (the "Company") reported net income of $48.5 million, or $0.37 per basic and diluted share for the three months ended