Provident Financial Services

Q2 FY2026 EarningsQ2 FY26 net income reached $78.1M, up 8.6% YoY but down 1.6% QoQ. Core PPNR hit a record $117.8M, driven by strong commercial loan growth (+9.9% annualized) and NIM expansion to 3.48% (up 12bps YoY). Asset quality remains stable despite credit provision normalization, with net charge-offs at a low 0.04pct and tangible book value per share increasing 12% YoY to $16.42.