FMP
Provident Financial Services Q2 Earnings Review, EPS Slightly Better Than Expected
Aug 1, 2022 10:06 PM - Davit Kirakosyan(Last modified: Dec 19, 2023 5:49 PM)
Image credit: FMP
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.
Other Blogs
Nov 22, 2024 5:08 AM - Parth Sanghvi
Fundamental Analysis: Principles, Types, and How to Use It
Fundamental analysis is one of the most essential tools for investors and analysts alike, helping them assess the intrinsic value of a stock, company, or even an entire market. It focuses on the financial health and economic position of a company, often using key data such as earnings, expenses, ass...
Dec 17, 2024 8:58 AM - Sanzhi Kobzhan
Examining Tesla’s Financial Health Using FinancialModelingPrep’s Ratios API
Tesla, one of the world’s most talked-about electric vehicle manufacturers, attracts a lot of attention from investors and market watchers. By examining a snapshot of Tesla’s financial ratios—such as those provided by FinancialModelingPrep’s Ratios API—we can get a clearer picture of the company’s f...
Dec 22, 2024 7:59 AM - Sanzhi Kobzhan
Two great Software Platform Stocks Similar to Palantir (PLTR)
When it comes to cutting-edge software and data analytics, Palantir Technologies (NYSE: PLTR) is often front and center. But for many investors, it’s important to consider alternative or complementary stocks in the same sector that may offer robust growth potential. As PLTR looks expensive (overvalu...
