Provident Financial Services, Inc.

Provident Financial Services is the bank holding company for Provident Bank, offering a wide range of banking products and services to individuals, families, and businesses in the United States. Its deposit products include savings, checking, interest-bearing checking, money market deposit, and certificate of deposit accounts, as well as IRA products. The loan portfolio consists of commercial real estate loans secured by multi-family apartment buildings, retail and industrial properties, and office buildings; commercial business loans; fixed-rate and adjustable-rate mortgage loans on one- to four-family residential properties; residential mortgage loans; commercial construction loans; and consumer loans such as home equity loans, home equity lines of credit, personal loans, unsecured lines of credit, and auto and recreational vehicle loans. Additionally, the company provides wealth management services including investment management, trust and estate administration, financial planning, and tax compliance and planning; insurance agency operations; and sells insurance and investment products like annuities. It also manages and sells real estate properties acquired through foreclosure.

Provident Financial Services is listed on the New York Stock Exchange (NYSE) under the ticker symbol PFS. The company operates in the United States and its financials are reported in US Dollars (USD). As a regional bank holding company headquartered in Jersey City, New Jersey, it serves customers primarily in the US market, and its stock is traded in USD on the NYSE.

Provident Financial Services operates in the Financial Services sector and specifically within the Banks - Regional industry. This means it is a regional bank holding company that provides traditional banking services to local communities and businesses. As a regional bank, it focuses on deposit-taking, lending, and other financial services within its geographic footprint, distinguishing it from large national or global banks. The company's primary subsidiary, Provident Bank, offers a variety of banking products tailored to individuals, families, and businesses in the United States.

Provident Financial Services is headquartered in Jersey City, New Jersey, United States. Founded in 1839, the company has a long history of serving customers in the US market. Through its subsidiary Provident Bank, it provides banking products and services to individuals, families, and businesses across the country. The company's operations are concentrated in the United States, and it does not have disclosed international operations. Its services include deposit accounts, loans, wealth management, and insurance, all targeted at the US market.

Provident Financial Services generates revenue primarily through its banking operations, including net interest income from loans and deposits, and non-interest income from fees and services. The company's loan portfolio is a key revenue driver, consisting of commercial real estate loans (secured by multi-family, retail, industrial, and office properties), commercial business loans, residential mortgage loans, commercial construction loans, and consumer loans such as home equity lines, personal loans, and auto loans. It also earns fee income from deposit accounts, cash management services, remote deposit capture, payroll origination, escrow account management, and online/mobile banking. Additionally, the company provides wealth management services (investment management, trust and estate administration, financial planning, tax compliance) and insurance agency operations, including selling annuities and other insurance products. It also generates income from managing and selling real estate properties acquired through foreclosure.