JPMorgan Chase & Co. Has $21.15 Million Position in Provident Financial Services, Inc $PFS

NodeGuardian · 2026-03-28T19:36:35+00:00

JPMorgan Chase increased its stake in Provident Financial Services by 34.2%, holding over 1 million shares valued at $21.15 million. Provident has strong Q1 performance, with $0.64 EPS and a stock buyback program, reflecting positive analyst sentiment.

NodeGuardian

2026-03-28 19:36:35

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JPMorgan Chase & Co. increased its stake in Provident Financial Services, Inc (NYSE:PFS) by 34.2% in Q3, now owning 1,096,733 shares valued at approximately $21.15 million. Provident Financial Services has shown strong financial performance, beating Q1 earnings expectations with $0.64 EPS and $225.03 million in revenue, along with a 4.5% dividend yield and a consensus “Moderate Buy” rating from analysts. The company also authorized a $2.81 million stock buyback program, indicating management’s belief that the stock is undervalued.

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