The financials
Provident Financial Services, Inc. by the numbers
Provident Financial Services, Inc. (PFS) reported revenue of $315M in Q1 2026 (quarter ended March 31, 2026), up 3.2% from the same quarter a year earlier. That came with net income of $79M (25% of revenue). For the full year FY2025, revenue was $1.27B (+22% year on year) and net income $291M. Its largest product in 2026-Q1 was Insurance Commissions And Fees at $6.8M, 35% of the disclosed total, just ahead of Banking at 32%.
| Income statement | Q1 2026 | Q1 2025 | Change |
|---|---|---|---|
| Revenue | $315M | $305M | +3.2% |
| Net income | $79M | $64M | +24% |
| Diluted EPS | $0.61 | $0.49 | +24% |
| Product | Revenue | Share |
|---|---|---|
| Insurance Commissions And Fees | $6.8M | 35% |
| Banking | $6.4M | 32% |
| Deposit Account | $5.2M | 27% |
| Debit Card | $1.2M | 5.9% |
Business Segments
Revenue split by product segment, from SEC XBRL filings.
Latest period: Q1 2026Total $19.6M (+16%)
Insurance Commissions And Fees grew +21% year on yearDebit Card +0.44% year on year
Segment Latestquarter on quarteryear on year
- Insurance Commissions And Fees$6.8M$6.8MQoQ +78%year on year +21%+78%+21%
- Banking$6.4M$6.4MQoQ -2.6%year on year +7.9%-2.6%+7.9%
- Deposit Account$5.2M$5.2MQoQ -3.0%year on year +9.7%-3.0%+9.7%
- Debit Card$1.2M$1.2MQoQ -0.52%year on year +0.44%-0.52%+0.44%