 Exhibit 99.1 |
 Forward Looking Statements 2 Certain statements contained herein are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such forward-looking statements may be identified by reference to a future period or periods, or by the use of forward-looking terminology, such as "may," "will," "believe," "expect," "estimate," "anticipate," "continue," or similar terms or variations on those terms, or the negative of those terms. Forward-looking statements are subject to numerous risks and uncertainties, including, but not limited to, those related to the economic environment, particularly in the market areas in which Provident Financial Services, Inc. (the “Company”) operates, competitive products and pricing, fiscal and monetary policies of the U.S. Government, changes in government regulations affecting financial institutions, including regulatory fees and capital requirements, changes in prevailing interest rates, acquisitions and the integration of acquired businesses, credit risk management, asset-liability management, the financial and securities markets and the availability of and costs associated with sources of liquidity. The Company cautions readers not to place undue reliance on any such forward-looking statements, which speak only as of the date made. The Company also advises readers that the factors listed above could affect the Company's financial performance and could cause the Company's actual results for future periods to differ materially from any opinions or statements expressed with respect to future periods in any current statements. The Company does not have any obligation to update any forward-looking statements to reflect events or circumstances after the date of such statement. A detailed discussion of factors that could affect our results is included in our SEC filings, including the “Risk Factors” section of our Annual Report on Form 10-K for the year ended December 31, 2013. |
 At 6/30/14 Total Assets $8.4 B Total Loans $5.9 B Total Investments $1.7 B Total Deposits $5.8 B Tangible Common Equity $716 M 87 branch offices and 4 LPOs in NJ and Eastern PA Market Capitalization (8/25/14) $1.0 B 3 Mo. Average Daily Shares Traded (8/25/14) 192,000 (NYSE:PFS) 3 |
 EPS Growth Opportunities 4 Recent expansion in Eastern PA and Western NJ Growth of Wealth Management Business Entry into Asset Based Lending Capital strength to fund accretive acquisitions and stock buybacks Expense management remains a priority |
 Team Capital Acquisition Announced 12/19/13 Closed 5/30/14 Systems Converted 8/30/14 12 branches: Lehigh Valley (3), Bucks (2), NJ (7) $964M FV of Assets Acquired $634M FV of Loans Acquired $770M FV of Deposits Acquired $40M of Goodwill Created Provident Bank Team Capital Bank 5 |
 Pennsylvania Market Entry Team’s Pennsylvania markets have an attractive business climate due to proximity to large markets such as Philadelphia and New York, lower tax rates and affordable real estate A large number of Fortune 500 companies have established warehouses and distribution centers within the region, including Amazon, Coca-Cola, WalMart, Nestle and Kraft This entry positions Provident to take advantage of key demographic trends, including Lehigh County had the fastest population growth from 2010-2012 across Pennsylvania Lehigh Valley is the third most populous region in Pennsylvania, while Bucks County has the fourth largest county population Source: Pennsylvania State Data Center, 2010 U.S. Census, SNL Financial, Deposit data as of 9/30/13. 6 Lehigh Valley 1 Bucks County Pennsylvania PFS Legacy Markets 2 Population (2012): 651,240 629,397 12,807,296 577,234 Projected 5 -Year Population Growth: 2.4% 0.7% 1.5% 1.3% # of Businesses: 23,592 27,664 496,809 22,873 Median Household Income: $55,180 $73,557 $49,167 $69,276 Projected 5-Year HHI Growth: 20.6 14.4 16.3 14.8 Lehigh Valley Pennsylvania region consists of Lehigh and Northampton counties. Represents median of Provident’s legacy markets. 1. 2. |
 Financial Impact of Team Acquisition 7 5% EPS accretion projected in 2015 TBV per share dilution of 3.5% with projected earn-back < 4 years IRR > 15% On track to meet or exceed 25% annualized cost saves |
 Growing Wealth Management Business 8 Acquired Beacon Trust in August 2011 wholly owned subsidiary of Provident Bank AUM at 6/30/14 $1.0 billion AUA at 6/30/14 including managed ETF indices $2.0 billion Average revenue per managed dollar 74 bps, compared with 57 bps median for similarly sized firms Net income contribution projected at $750 thousand for 2014 Actively exploring additional acquisition opportunities |
 Asset Based Lending 9 Acquired a team of 3 experienced individuals in August 2014 Acquired a loan book of $47 million in commitments with outstandings of $25 million Growth expectations of approximately $20 million in 2015 Generates increased fee income Enhances credit controls over existing monitored lines |
 Strong Capital Position / Capital Formation 10 6/30/2014 Tangible Common Equity 8.90% Tier 1 Leverage 9.60% Total Risk-based 12.95% Dividend payout ratio (last twelve months) 51.72% Provides ability to pursue accretive acquisitions and/or repurchase common stock |
 Expense Management 11 An historical strength of the current management team: Efficiency Ratio 6 months Years 2014* 2013 2012 2011 2010 59.84% 57.18% 57.03% 57.31% 57.69% * Excludes Team Capital acquisition related items and lump sum pension distribution costs. |
 12/13/10 12/31/11 12/31/12 12/31/13 Enhancing Shareholder Value 12 $0.88 $1.01 $1.18 $1.23 Earnings per Share 12% CAGR $9.47 $9.87 $10.40 $10.92 TBV per Share 5% CAGR |
 Return of Capital 10% CAGR $13.19 Average $13.19 Average Cost per Share Cost per Share Enhancing Shareholder Value 13 Regular Dividends $26.8 M Regular Dividends $28.7 M Regular Dividends $32.2 M Special Dividend $12.0 M $- $10.0 $20.0 $30.0 $40.0 $50.0 $60.0 2011 2012 2013 Stock Repurchases $4.1 M Stock Repurchases $9.4M Stock Repurchases $5.9 M $30.9 M $50.1 M $38.2 M |
 Increasing Profitability (*in millions) $49.7 $57.3 $67.3 $70.5 0.73% 0.83% 0.94% 0.97% $- $10.0 $20.0 $30.0 $40.0 $50.0 $60.0 $70.0 $80.0 0.50% 0.60% 0.70% 0.80% 0.90% 1.00% 1.10% 12/31/10 12/31/11 12/31/12 12/31/13 Net Income* ROAA 14 |
 Increasing Profitability 8.97% 9.81% 10.88% 11.04% 5.46% 6.09% 6.88% 7.08% 12/31/10 12/31/11 12/31/12 12/31/13 ROATE ROAE 15 |
 Capable Risk Management 16 ERM Process Diversified Loan Portfolio Disciplined Loan Growth Solid Credit Quality Well-managed Interest Rate Risk Plain Vanilla Investment Portfolio $10 billion Threshold Readiness |
 Diversified Loan Portfolio - 6/30/14 Total Loans: $5.9 billion Average Loan Yield: 4.25% Duration: 2.5 years Residential 21% Commercial Mortgage 28% 16% Commercial 20% Consumer 11% Construction 4% Multi-family 17 |
 Commercial Real Estate - 6/30/14 Multi-family 36% Retail 20% Office 16% Industrial 11% 3% Residential 3% Hotel 3% Land 1% Other Special Use Mixed Used 6% 1% 18 |
 Asset Quality Trend $135.4 M $ 82.2 M 1.91% 1.53% 1.10% 0.86% 0.52% 0.43% 0.22% 0.10% 2011 2012 2013 6/30/2014 NPAs NPAs/Assets Annualized NCOs $111.5 M $72.3 M 19 |
 Investment Portfolio – 6/30/14 Agency Notes- Fixed 6% Corporate Notes - Fixed 1% Agency MBS - ARM 5% Agency CMBS - Fixed 1% Agency MBS - Fixed 36% Agency CMO - Fixed 23% Municipal 28% Weighted Average Life: AFS 3.7 yrs HTM 5.0 yrs Combined Duration: 4.1 yrs 20 |
 21 Notable Items IPO 2003 Acquired First Sentinel Bancorp – 2004 Acquired First Morris Bank and Trust – 2007 Acquired Beacon Trust Company – 2011 Acquired Team Capital Bank – 2014 Shifted to a community bank balance sheet 69% commercial loans 85% core deposits 17% CAGR NIB deposits 2010 – 2013 No TARP No dilutive stock offerings No debt restructurings No discounted bulk asset sales No material credit losses or OTTI charges |