Provident Financial Services (PFS) reported second-quarter net income of $78.1 million, or $0.60 per basic and diluted share, for the three months ended June 30, 2026. That compared with $79.4 million, or $0.61 per share, in the prior quarter and $72.0 million, or $0.55 per share, a year earlier.
For the first six months of 2026, net income totaled $157.6 million, or $1.21 per basic and diluted share. The company cited expanding net interest income and higher non-interest income, including wealth management and insurance agency income.
- Net interest income was $202.7 million, up from $193.7 million in the first quarter and $187.1 million a year earlier.
- Total non-interest income was $32.0 million, compared with $31.5 million in the prior quarter and $27.1 million a year earlier.
- Net interest margin was 3.48%, compared with 3.40% in the first quarter and 3.36% a year earlier.
- Total assets were $25.66 billion as of June 30, 2026, compared with $24.98 billion as of Dec. 31, 2025.
- Total deposits were $19.55 billion as of June 30, 2026, compared with $19.28 billion at year-end 2025.
- The company scheduled an investor conference call for July 30, 2026, at 10:00 a.m. Eastern Time.
$PFS Insider Trading Activity
$PFS insiders have traded $PFS stock on the open market 3 times in the past 6 months. Of those trades, 0 have been purchases and 3 have been sales.
Here’s a breakdown of recent trading of $PFS stock by insiders over the last 6 months:
- ROBERT E MCCRACKEN sold 6,177 shares for an estimated $136,697
- GEORGE LISTA (Pres/CEO Prov Protection Plus) sold 3,528 shares for an estimated $82,590
- CHRISTOPHER P MARTIN (Executive Chairman) sold 1,050 shares for an estimated $24,622
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$PFS Hedge Fund Activity
We have seen 137 institutional investors add shares of $PFS stock to their portfolio, and 88 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- WELLINGTON MANAGEMENT GROUP LLP removed 924,332 shares (-13.8%) from their portfolio in Q1 2026, for an estimated $19,558,865
- AMERICAN CENTURY COMPANIES INC added 607,436 shares (+20.4%) to their portfolio in Q1 2026, for an estimated $12,853,345
- QUBE RESEARCH & TECHNOLOGIES LTD added 332,092 shares (+inf%) to their portfolio in Q1 2026, for an estimated $7,027,066
- GOLDMAN SACHS GROUP INC removed 309,195 shares (-24.9%) from their portfolio in Q1 2026, for an estimated $6,542,566
- PRUDENTIAL FINANCIAL INC added 284,235 shares (+39.3%) to their portfolio in Q1 2026, for an estimated $6,014,412
- TWO SIGMA INVESTMENTS, LP added 274,752 shares (+112.5%) to their portfolio in Q1 2026, for an estimated $5,813,752
- VOLORIDGE INVESTMENT MANAGEMENT, LLC removed 273,126 shares (-67.9%) from their portfolio in Q1 2026, for an estimated $5,779,346
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
