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Enter Symbol:
Rating: PFS
Neutral

Provident Financial Services (NYSE: PFS) reiterated to Neutral by Boenning & Scattergood

Friday,  Jul 31, 2015  4:25 PM ET by Betsy O'Brien Harrison

Boenning & Scattergood reiterated Provident Financial Services (NYSE: PFS) to Neutral.
Previously Boenning & Scattergood reiterated Provident Financial Services (NYSE: PFS) to Neutral on 10/28/2013, when the stock price was $18.65.

Provident Financial Services, Inc. is the holding company for The Provident Bank (the Bank). The Bank is a community- and customer-oriented bank operating 82 full-service branch offices in the New Jersey counties of Hudson, Bergen, Essex, Mercer, Middlesex, Monmouth, Morris, Ocean, Somerset and Union, which the Bank considers its primary market area. The Bank attracts deposits from the general public in the areas surrounding its banking offices and uses those funds, together with funds generated from operations and borrowings, to originate commercial real estate loans, residential mortgage loans, commercial business loans and consumer loans. The Bank also invests in mortgage-backed securities and other permissible investments.

Our equity research team concentrates on companies that aren’t widely covered in sectors such as water distribution/equipment/technology, financial services, business services, aerospace & defense technology, medical technology and retail.



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