Provident Financial Services, Inc. (PQ3.F)

13.70 -0.30 (-2.14%) At close: 03:50PM CEST

Provident Financial Services, Inc.

239 Washington Street
Jersey City, NJ 07302
United States
732 590 9200
https://www.provident.bank

Sector(s): Financial Services
Industry: Banks - Regional
Full-time employees: 1,109

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Christopher P. Martin	Executive Chairman	N/A	N/A	1956
Mr. Anthony J. Labozzetta	President, CEO & Director	1.17M	N/A	1964
Mr. Thomas M. Lyons CPA	Senior EVP & CFO	764.03k	N/A	1964
Mr. John F. Kuntz Esq.	Senior Executive Vice President	753.09k	N/A	1955
Mr. George Lista	CEO & President Provident Protection Plus, Inc.	762.39k	N/A	1960
Ms. Valerie O. Murray CFP	Executive VP & Chief Wealth Management Officer of Provident Bank	744.3k	N/A	1975
Mr. Adriano M. Duarte CPA	Executive VP, Chief Accounting Officer & Investor Relations Officer	N/A	N/A	1972
Mr. Bennett Allen MacDougall	Executive VP, General Counsel & Corporate Secretary	N/A	N/A	1970
Ms. Sheila Leary	Senior VP & BSA/AML Compliance Director of Provident Bank	N/A	N/A	N/A
Mr. Brian Giovinazzi	Executive VP & Chief Credit Officer of the Provident Bank	799.13k	N/A	1954

Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in EUR.

Description

Provident Financial Services, Inc. operates as the bank holding company for Provident Bank that provides various banking products and services to individuals, families, and businesses in the United States. Its deposit products include savings, checking, interest-bearing checking, money market deposit, and certificate of deposit accounts, as well as IRA products. The company's loan portfolio comprises commercial real estate loans that are secured by properties, such as multi-family apartment buildings, office buildings, retail and industrial properties, and office buildings; commercial business loans; fixed-rate and adjustable-rate mortgage loans collateralized by one- to four-family residential real estate properties; commercial construction loans; and consumer loans consisting of home equity loans, home equity lines of credit, personal loans and unsecured lines of credit, and auto and recreational vehicle loans. It also offers cash management, remote deposit capture, payroll origination, escrow account management, and online and mobile banking services; and business credit cards. In addition, the company provides wealth management services comprising investment management, trust and estate administration, financial planning, and tax compliance and planning. Further, it sells insurance and investment products, including annuities; operates as a real estate investment trust for acquiring mortgage loans and other real estate related assets; and manages and sells real estate properties acquired through foreclosure. The company was founded in 1839 and is headquartered in Jersey City, New Jersey.

Corporate governance

Provident Financial Services, Inc.’s ISS governance QualityScore as of 29 April 2024 is 4. The pillar scores are Audit: 3; Board: 6; Shareholder rights: 7; Compensation: 1.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.