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PFS - Provident Financial Services, Inc.

NYSE -> Financial Services -> Banks—Regional
Jersey City, United States
Type: Equity

PFS price evolution
PFS
(in millions $) 31 Jan 2024 30 Oct 2023 30 Jun 2023 1 May 2023
Current assets
Cash $180.25 $189.27 $208.87 $233.85
Short term investments
Net receivables
Inventory
Total current assets
Long term investments
Property, plant & equipment $71 $71.45 $70.6 $72.47
Goodwill & intangible assets $457.94 $458.66 $459.38 $460.13
Total noncurrent assets
Total investments $12900.18 $12689.23 $12651.81 $12416.2
Total assets $14210.81 $14086.83 $14029.6 $13778.91
Current liabilities
Accounts payable
Deferred revenue
Short long term debt
Total current liabilities $132.2 $142.15 $146.39 $155.15
Long term debt $1980.73 $2032.89 $1860.31 $10.54
Total noncurrent liabilities
Total debt $1980.73 $2032.89 $1860.31 $1595.36
Total liabilities $12520.21 $12463.85 $12387.13 $12138.83
Shareholders' equity
Retained earnings $974.54 $964.8 $954.4 $940.53
Other shareholder equity -$146.01 -$195.06 -$162.49 -$148.15
Total shareholder equity $1690.6 $1622.97 $1642.47 $1640.08
(in millions $) 31 Jan 2024 31 Jan 2023 31 Dec 2021 31 Dec 2020
Current assets
Cash $180.25 $186.51 $712.46 $532.35
Short term investments
Net receivables
Inventory
Total current assets
Long term investments
Property, plant & equipment $71 $79.79 $80.56 $75.95
Goodwill & intangible assets $457.94 $460.89 $464.18 $466.21
Total noncurrent assets
Total investments $12900.18 $12422.03 $12030.5 $11338.34
Total assets $14210.81 $13783.44 $13781.2 $12919.74
Current liabilities
Accounts payable
Deferred revenue
Short long term debt
Total current liabilities $132.2 $63.37 $50 $42
Long term debt $1980.73 $1347.86 $10 $1235.4
Total noncurrent liabilities
Total debt $1980.73 $1347.86 $637.06 $1201.11
Total liabilities $12520.21 $12185.73 $12084.11 $11299.94
Shareholders' equity
Retained earnings $974.54 $918.16 $814.53 $718.09
Other shareholder equity -$146.01 -$175.27 $6.86 $17.66
Total shareholder equity $1690.6 $1597.7 $1697.1 $1619.8
(in millions $) 31 Jan 2024 30 Oct 2023 30 Jun 2023 1 May 2023
Revenue
Total revenue $114.76 $108.1
Cost of revenue
Gross Profit $108.1
Operating activities
Research & development
Selling, general & administrative $50.33
Total operating expenses $65.11
Operating income $42.99
Income from continuing operations
EBIT $43.63
Income tax expense $12.46 $11.63
Interest expense
Net income
Net income $27.31 $32
Income (for common shares) $32
(in millions $) 31 Jan 2024 31 Dec 2022 31 Jan 2022 31 Dec 2020
Revenue
Total revenue $479.28 $496.95 $355.28
Cost of revenue
Gross Profit $496.95 $355.28
Operating activities
Research & development
Selling, general & administrative $208.71 $183.18
Total operating expenses $256.85 $227.73
Operating income $240.11 $127.55
Income from continuing operations
EBIT $240.11 $127.55
Income tax expense $47.38 $64.46 $30.6
Interest expense
Net income
Net income $128.4 $175.65 $96.95
Income (for common shares) $175.65 $96.95
(in millions $) 31 Dec 2023 30 Sep 2023 30 Jun 2023 31 Mar 2023
Net income $27.31 $28.55 $32 $40.54
Operating activities
Depreciation $5.46 $5.51 $5.54 $5.67
Business acquisitions & disposals
Stock-based compensation $1.4 $2.63 $2.84 $3.93
Total cash flows from operations $46.32 $41.68 $27.33 $58.07
Investing activities
Capital expenditures -$1.55 -$2.94 -$2.35 -$0.55
Investments -$133 -$90.05 -$263.1 $15.72
Total cash flows from investing -$132.17 -$92.99 -$263.95 $19.51
Financing activities
Dividends paid -$17.57 -$18.15 -$18.13 -$18.59
Sale and purchase of stock $0.79
Net borrowings -$56.7 $169.57 $266.02 $254.9
Total cash flows from financing $76.84 $31.7 $211.64 -$30.23
Effect of exchange rate
Change in cash and equivalents -$9.01 -$19.6 -$24.98 $47.34
(in millions $) 31 Dec 2023 31 Dec 2022 31 Dec 2021 31 Dec 2020
Net income $128.4 $175.65 $167.92 $96.95
Operating activities
Depreciation $22.19 $23.69 $22.73 $20.02
Business acquisitions & disposals $78.09
Stock-based compensation $10.8 $13.74 $9.97 $7.92
Total cash flows from operations $173.4 $200.31 $158.18 $106.91
Investing activities
Capital expenditures -$7.38 -$9.39 -$13.76 -$11.88
Investments -$470.43 -$655.3 -$712.14 -$580.72
Total cash flows from investing -$469.6 -$647.56 -$717.94 -$507.98
Financing activities
Dividends paid -$72.45 -$72.02 -$71.48 -$65.82
Sale and purchase of stock $0.79 -$46.53 -$19.82 -$20.71
Net borrowings $633.8 $711.86 -$564.06 -$143.26
Total cash flows from financing $289.95 -$78.7 $739.86 $746.68
Effect of exchange rate
Change in cash and equivalents -$6.25 -$525.96 $180.11 $345.61
Fundamentals
Market cap $1.09B
Enterprise value $2.89B
Shares outstanding 75.54M
Revenue N/A
EBITDA N/A
EBIT N/A
Net Income N/A
Revenue Q/Q -11.00%
Revenue Y/Y N/A
P/E ratio N/A
EV/Sales N/A
EV/EBITDA N/A
EV/EBIT N/A
P/S ratio N/A
P/B ratio 0.59
Book/Share 24.31
Cash/Share 2.39
EPS N/A
ROA N/A
ROE N/A
Debt/Equity 7.41
Net debt/EBITDA N/A
Current ratio N/A
Quick ratio N/A