FMP
Aug 1, 2022 10:06 PM - Davit Kirakosyan(Last modified: Dec 19, 2023 5:49 PM)
Provident Financial Services, Inc. (NYSE:PFS) reported its Q2 results, with EPS of $0.53 coming in slightly better than the Street estimate of $0.52.
According to the analysts at RBC Capital, the company’s performance continues to be very consistent and solid, and they were encouraged by the momentum across the business. Fundamental trends were highlighted by stronger loan growth, better margin expansion, and continued stability in credit metrics.
The analysts believe the momentum in growth can continue over the next couple of quarters, and they continue to view the company as a high-quality franchise that is well positioned to benefit from a favorable banking environment in 2022.
Oct 31, 2023 8:03 AM - Parth Sanghvi
Free cash flow to the firm (FCFF) and free cash flow to equity (FCFE) are two of the most important metrics used in financial modeling. Both metrics measure the amount of cash that is available to a company's shareholders and creditors, but there is a key difference between the two. FCFF measures...
Nov 25, 2023 6:39 AM - Parth Sanghvi
Choosing the Right Valuation Method: DCF vs. Comparable Companies Analysis Introduction: Valuation methods play a pivotal role in determining the fair value of a company, aiding investors in making informed investment decisions. Two commonly used methods, DCF Valuation and Comparable Companies A...
Dec 23, 2023 2:19 AM - Parth Sanghvi
Introduction: Discounted Cash Flow (DCF) analysis stands as a cornerstone in valuing investments, yet its efficacy is contingent upon various assumptions and methodologies. While a powerful tool, DCF analysis comes with inherent limitations and challenges that investors must acknowledge to make i...