Added to YB: 2025-12-18
Pitch date: 2025-10-14
PFS [bullish]
Provident Financial Services, Inc.
+8.28%
current return
Author Info
No bio for this author
Company Info
Provident Financial Services, Inc. operates as the bank holding company for Provident Bank that provides various banking products and services to individuals, families, and businesses in the United States.
Market Cap
$2.7B
Pitch Price
$19.33
Price Target
N/A
Dividend
4.56%
EV/EBITDA
N/A
P/E
10.73
EV/Sales
N/A
Sector
Banks
Category
growth
Riverwater Partners Small Cap Strategy New Position: Provident Financial Services, Inc.
PFS (new position): $25B asset regional bank post-Lakeland acquisition with mid-single-digit loan growth pipeline, expanding NIM, 1.15% ROA target, 16% ROTCE vs peers. Clean credit, limited CRE exposure, 5% dividend yield. Strong growth/income combo with valuation upside potential.
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