Stonegate Capital Partners has initiated coverage on Provident Financial Services Inc (NYSE: PFS). For the second quarter of 2025, Provident reported a net income increase to $72.0M, up from $64.0M in the previous quarter, alongside record revenue of $214.2M. This growth was driven by higher net interest income from new loan originations and improved loan repricing, offset partially by higher compensation expenses. More details can be found at: newsfilecorp.com/release/180571
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Provident Financial Services Inc. published the original content used to generate this news brief via Newsfile (Ref. ID: 266279) on September 12, 2025, and is solely responsible for the information contained therein.