Provident Financial Services stock gets a higher fair value estimate

Published on 10/08/2026 at 01:07 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Provident Financial Services stock closed at USD 21.97 on October 7, 2026, down 1.39 percent. An October 6 valuation update lifted fair value from USD 27.42 to USD 27.75.

PFS, US74386T1051, Illustration mit AI erstellt.

Provident Financial Services stock (ISIN US74386T1051) closed at USD 21.97 on the NYSE on October 7, 2026, down 1.39 percent from the prior close. An October 6 valuation update raised the fair value estimate from USD 27.42 to USD 27.75, giving investors a fresh benchmark ahead of the next earnings report.

Fair value moves higher

According to Simply Wall St on October 6, the fair value estimate increased 1.22 percent from USD 27.42 to USD 27.75. The update linked the revised view to a USD 3.2 billion commercial lending pipeline and 20 percent commercial and industrial loan growth, while also citing a USD 4.5 billion to USD 5 billion core systems conversion cost estimate.

The market figure sets a measurable gap: USD 27.75 stands 26.30 percent above the October 7 closing price of USD 21.97. That difference is a valuation reference, not a company forecast or a recommendation.

Quarterly figures set the baseline

For the quarter whose results were released on July 30, Provident Financial Services reported EPS of USD 0.60, exceeding the USD 0.56 consensus by USD 0.04, according to MarketBeat. Revenue was USD 234.96 million against a USD 225.57 million consensus, a USD 9.39 million difference, while the prior-year EPS figure was USD 0.55.

Finance figures for Q2 2026 show consolidated net income of USD 78.147 million and diluted EPS of USD 0.60. Total assets stood at USD 25.663 billion on June 30, 2026, which provides scale for the regional bank's lending and deposit operations.

Analysts and the next report

MarketBeat reported a Moderate Buy consensus from eight brokerages, with an average 12-month price target of USD 26.7857. The target lies 21.92 percent above the October 7 closing price, while the published analyst mix included three Holds, four Buys and one Strong Buy.

StockTitan reported on October 2 that the company will release third-quarter results for the period ended September 30, 2026, after market close on October 28. The investor call is scheduled for October 29, 2026, at 10:00 a.m. ET.

Stock remains below its yearly high

Provident Financial Services stock closed at USD 21.97 on the NYSE on October 7, 2026, with volume of 843,876 shares and a market capitalization of USD 2.9 billion. The 52-week range is USD 17.69 to USD 25.49, placing the close 13.81 percent below the yearly high.