Provident Financial (PFS) completes its previously announced merger with Lakeland Bancorp to form a super-community bank in New Jersey.
Combines the Best of Two Highly Regarded Banks to Create the Premier Super Community Bank in the Region Company Names New Board Members and Executive Leadership Team ISELIN, N.J., May 16, 2024 (GLOBE NEWSWIRE) -- Provident Financial Services, Inc. (NYSE: PFS) (“Provident”) announced today that its merger with Lakeland Bancorp, Inc. (“Lakeland”) was completed, creating the premier super community banking franchise in the region. The merger of Lakeland Bank with and into Provident Bank has also be
ISELIN, N.J., May 13, 2024 (GLOBE NEWSWIRE) -- Provident Financial Services, Inc. (NYSE:PFS) (the “Company”), the holding company for Provident Bank (the “Bank”), today announced the completion of its offering and sale 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 were sold at par, resulting in net proceeds, after discounts and estimated offering expenses, of approximately $219.3 million.