PFSPROVIDENT FINANCIAL SERVICES INC
Savings Institution, Federally Chartered
- Revenue
- $73M
- 7.1% YoY
- Operating margin
- —
- EBITDA
- —
- Market cap
- $3.0B
- Employees
- —
- Net debt / EBITDA
- —
- AI in 10-K
- 0.6
- mentions per 10K words
Takeover score 2 of 13
Fixable underperformance 1 of 7
- TSR below peersYes3 of 5 years3+ of last 5 years
- High CEO pay despite TSRNo—Median CEO pay ≥ $15M while TSR trails
- Earnings not backed by cashNo152% of net incomeCash flow under 80% of net income
- Dilutive SBCNo—Over 10% of revenue
- Payouts exceed cash flowNo28% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyNo2% of assetsOver 40% of assets
- Shareholder dissentNo96% lowest supportAny vote under 80% support
Buyer economics 1 of 4
- Low revenue per employeeNo—Bottom quartile of its SIC industry
- Quiet on AINo0.6 per 10K words · 25th pctBottom quartile of AI mentions in 10-Ks
- Net cashNo—More cash than debt, positive EBITDA
- Buyout-sizedYes$3.0B market capMarket cap $500M–$5B
Catalysts 0 of 2
- Active 13DNo0 filingsActive-intent 13D in 18 months
- Net insider sellingNo−$2M netNet sales over $10M in 12 months
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $58M | $55M | $58M | $68M | $73M | 7.1% |
| Net income | $168M | $176M | $128M | $116M | $291M | 151% |
| Operating cash flow | $157M | $200M | $173M | $426M | $442M | 3.7% |
| Capex | $14M | $9M | $7M | $1M | $12M | 783% |
| Buybacks | $21M | $47M | $0 | $0 | $0 | |
| Dividends | $71M | $72M | $72M | $101M | $126M | 25% |
Deal filings
None.
13D filers
None on file.
Insider trading
- Open-market buys, 12 mo
- $0 · 0
- Open-market sells, 12 mo
- $2M · 9
- Net
- −$2M
Pay vs performance
| Year | CEO total comp | Comp actually paid | TSR (indexed) | Peer TSR |
|---|---|---|---|---|
| FY2025 | — | — | 141 | 160 |
| FY2024 | — | — | 128 | 146 |
| FY2023 | — | — | 115 | 123 |
| FY2022 | — | — | 129 | 123 |
| FY2021 | — | — | 140 | 139 |