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PFS (Provident Financial Services) Pretax Margin % : 30.45% (As of Dec. 2024)


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What is Provident Financial Services Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Provident Financial Services's Pre-Tax Income for the three months ended in Dec. 2024 was $62.7 Mil. Provident Financial Services's Revenue for the three months ended in Dec. 2024 was $205.9 Mil. Therefore, Provident Financial Services's pretax margin for the quarter that ended in Dec. 2024 was 30.45%.

The historical rank and industry rank for Provident Financial Services's Pretax Margin % or its related term are showing as below:

PFS' s Pretax Margin % Range Over the Past 10 Years
Min: 21.54   Med: 39.9   Max: 50.16
Current: 21.54


PFS's Pretax Margin % is ranked worse than
73.44% of 1540 companies
in the Banks industry
Industry Median: 32.615 vs PFS: 21.54

Provident Financial Services Pretax Margin % Historical Data

The historical data trend for Provident Financial Services's Pretax Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Provident Financial Services Pretax Margin % Chart

Provident Financial Services Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 33.13 50.16 47.51 36.68 21.54

Provident Financial Services Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 34.65 37.54 -13.02 30.99 30.45

Competitive Comparison of Provident Financial Services's Pretax Margin %

For the Banks - Regional subindustry, Provident Financial Services's Pretax Margin %, along with its competitors' market caps and Pretax Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Provident Financial Services's Pretax Margin % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Provident Financial Services's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Provident Financial Services's Pretax Margin % falls into.


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Provident Financial Services Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

Provident Financial Services's Pretax Margin for the fiscal year that ended in Dec. 2024 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2024 )/Revenue (A: Dec. 2024 )
=149.615/694.727
=21.54 %

Provident Financial Services's Pretax Margin for the quarter that ended in Dec. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Dec. 2024 )/Revenue (Q: Dec. 2024 )
=62.709/205.912
=30.45 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Provident Financial Services  (NYSE:PFS) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


Provident Financial Services Pretax Margin % Related Terms

Thank you for viewing the detailed overview of Provident Financial Services's Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Provident Financial Services Business Description

Traded in Other Exchanges
Address
239 Washington Street, Jersey, NJ, USA, 07302
Provident Financial Services Inc is the holding company for The Provident Bank, a community-oriented bank. The Company's operations are solely in the financial services industry and include providing traditional banking and other financial services to its customers. The Company operates in the geographical regions of northern and central New Jersey, Queens and Nassau Counties in New York and eastern Pennsylvania. The Company has a single reporting segment for financial reporting purposes. The majority of the revenue-generating activities that are components of non-interest income are These revenue streams can generally be classified into three broad categories: wealth management revenue, insurance agency income, and banking service charges and other fees.
Executives
George Lista officer: President/CEO SB One Insurance C/O SUSSEX BANK, 399 ROUTE 23, FRANKLIN NJ 07416
James A. Christy officer: SVP, CRO of Provident Bank, other: General Auditor 239 WASHINGTON STREET, JERSEY CITY NJ 07302
Christopher P Martin officer: President
Edward J Leppert director C/O SUSSEX BANCORP, 399 ROUTE 23, FRANKLIN NJ 07416
Frank L Fekete director
Walter Sierotko officer: EVP/CLO of Provident Bank 239 WASHINGTON STREET, JERSEY CITY NJ 07302
Vito Giannola officer: EVP & Chief Retail Banking Ofc C/O SUSSEX BANCORP, 399 ROUTE 23, FRANKLIN NJ 07416
Anthony J Labozzetta director, officer: President and COO SUSSEX BANCORP, 399 ROUTE 23, FRANKLIN NJ 07416
James P Dunigan director 239 WASHINGTON STREET, JERSEY CITY NJ 07302
Bennett Macdougall officer: EVP, General Counsel, Sec 239 WASHINGTON STREET, JERSEY CITY NJ 07302
Adriano M. Duarte officer: EVP & CAO of Provident Bank 239 WASHINGTON STREET, JERSEY CITY NJ 07302
Matthew K. Harding director 239 WASHINGTON STREET, JERSEY CITY NJ 07302
Robert Mcnerney director C/O SUSSEX BANK, 399 ROUTE 23, FRANKLIN NJ 07416
Ravi Vakacherla officer: Chief Digital & Innovation Off 239 WASHINGTON STREET, JERSEY CITY NJ 07302
Valerie O Murray officer: SVP & Chief Wealth Mgmt Ofc 239 WASHINGTON STREET, JERSEY CITY NJ 07302

Provident Financial Services Headlines