For PFS, its debt to operating expenses ratio is greater than that reported by 85.64% of US equities we're observing.
PFS's equity multiplier -- a measure of assets relative to shareholders'equity -- is greater than that of 84.97% of US stocks.
Provident Financial Services Inc's shareholder yield -- a measure of how much capital is returned to stockholders via dividends and buybacks -- is 18.32%, greater than the shareholder yield of 88.11% of stocks in our set.
Stocks with similar financial metrics, market capitalization, and price volatility to Provident Financial Services Inc are MBWM, FLIC, CNOB, VLY, and FMBI.
Provident Financial Services, Inc. (PFS) Q2 2020 Earnings Conference Call July 30, 2020 10:00 AM ET Company Participants Leonard Gleason - Senior Vice President & Investor Relation Officer Chris Martin - Chairman, President & Chief Executive Officer Tom Lyons - Senior Executive Vice President & Chief Financial Officer Conference Call...
Today's presenters are Chris Martin, Chairman, President and CEO; and Tom Lyons, Senior Executive Vice President and Chief Financial Officer. Now I'm pleased to introduce Chris Martin, who will offer his perspective on our second quarter.
ISELIN, N.J., July 30, 2020 (GLOBE NEWSWIRE) -- Provident Financial Services, Inc. (NYSE:PFS) (the “Company”) reported net income of $14.3 million, or $0.22 per basic and diluted share, for the three months ended June 30, 2020, compared to net income of $24.4 million, or $0.38 per basic and diluted share, for the three months ended June 30, 2019. For the six months ended June 30, 2020, the Company reported net income of $29.2 million, or $0.45 per basic and diluted share, compared to net income of $55.3 million, or $0.85 per basic and diluted share, for the same period last year. The Company’s earnings for the three and six months ended June 30, 2020 were adversely impacted by elevated provisions for credit losses primarily related to the current weak economic forecast attributable to...