Provident Financial Services Q3 net income $69.2 million, down from $78.1 million in Q2
Provident Financial Services reported third-quarter 2026 net income of $69.2 million, or $0.53 per share, down from $78.1 million, or $0.60 per share, in the prior quarter, and from $71.7 million, or $0.55 per share, a year earlier. Results included a $17.5 million one-time loss on extinguishment of debt, and excluding that and other one-time costs, core net income was $84.3 million, or $0.65 per share.
Key points
- Net income was $69.2 million, or $0.53 per share, for the quarter ended September 30, 2026, versus $78.1 million, or $0.60 per share, in the June 30, 2026 quarter and $71.7 million, or $0.55 per share, a year earlier.
- A $17.5 million one-time loss on extinguishment of debt, $3.7 million of core conversion costs and $465,000 of branch restructuring expenses affected the quarter; excluding these, core net income was $84.3 million, or $0.65 per share.
- Net interest income reached a record $208.0 million, up $13.7 million from a year earlier, and net interest margin was 3.50%, compared with 3.43% a year earlier.
- For the nine months ended September 30, 2026, net income totaled $226.7 million, or $1.74 per share, compared with $207.7 million, or $1.59 per share, for the same period in 2025.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 7, 2026, 11:17 PM ET, from the text of the filing and its press-release exhibits only.
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