With an income increase of 8.57% in the second quarter 2026, year on year to cumulative value of $313 million, and with 1,866 employees, Provident Financial Services Inc 's income per employee grew on trailing twelve month basis to $ 167,586, this marks a new company high for all of 1,866 employees. The Financial sector has seen employees of 2 other companies achieving higher income per employee. While Provident Financial Services Inc 's total ranking has deteriorated compared to the previous quarter from 660 to 661.
Iselin, N.J., May 09, 2024 - Provident Financial Services, Inc. (NYSE:PFS), the holding company for Provident Bank, has recently announced its plans to offer $200 million aggregate principal amount of subordinated notes due 2034 in a registered public offering. The issuance of these Notes aims to qualify as Tier 2 capital for regulatory purposes. Additionally, despite a decline in income per employee in the first quarter of 2024, Provident Financial Services Inc s employee productivity remains higher than the company average. Facts: 1. Provident Financial Services, Inc. is launching a registered public offering of $200 million aggregate principal amount of subordinated notes due 2034. 2. The Notes are intended to serve as Tier 2 capital for regulatory purposes. 3. Provident Financial Services, Inc. s income per employee dropped to $126,124 on a trailing twelve month basis in the first quarter of 2024. 4. Despite the decline in income per employee, the productivity of the company s 951 employees remains above the company average.
Companies with similar Income per Employee for 12 month ending Jun 30 2026, within Financial Sector
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