Provident Financial Services, Inc. (PFS)
After hours:
- GlobeNewswire
Provident Financial Services, Inc. Announces Pricing and Upsizing of Subordinated Notes Offering
ISELIN, N.J., May 09, 2024 (GLOBE NEWSWIRE) -- Provident Financial Services, Inc. (NYSE:PFS) (the “Company”), the holding company for Provident Bank (the “Bank”), today announced the pricing of its offering of $225 million of its 9.00% fixed-to-floating rate subordinated notes due 2034 (the “Notes”) in a registered public offering (the “Offering”). The Notes will initially bear interest at 9.00% per annum, with interest payable semiannually in arrears, commencing on the issue date, to, but exclu
- GlobeNewswire
Provident Financial Services, Inc. Announces Launch of Subordinated Notes Offering
ISELIN, N.J., May 09, 2024 (GLOBE NEWSWIRE) -- Provident Financial Services, Inc. (NYSE:PFS) (the “Company”), the holding company for Provident Bank (the “Bank”), today announced that it intends to offer, subject to market and other conditions, $200 million aggregate principal amount of subordinated notes due 2034 (the “Notes”) in a registered public offering, (the “Offering”). The Notes are intended to qualify as Tier 2 capital for regulatory purposes. The purpose of the Offering is to satisfy
- Zacks
3 Savings & Loan Stocks to Buy Despite Grim Industry Prospects
Zacks Savings and Loan industry players like PFS, RVSB and WSFS are poised to tide through a potential recession and waning loan demand on digital ramp-ups and inorganic efforts.
