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MarketScreener Homepage  >  Equities  >  Nyse  >  Provident Financial Services, Inc.    PFS

PROVIDENT FINANCIAL SERVICES, INC.

(PFS)
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Provident Financial Services : The Provident Bank Employees Volunteer for Junior Achievement

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12/23/2015 | 11:08am EDT

Kristy Neilson, CRE Loan Analyst, Provident Bank; Corinne Kison, Cash Management Analyst, Provident Bank; Jason Conway, Area Manager, Provident Bank; Gabe Rosanio, Area Manager, Provident Bank; Jim Christy, Chief Risk Officer, Provident Bank; Mark Gadallah, Internal Audit Manager, Provident Bank

Employees of Provident Bank recently volunteered their time at Junior Achievement of New Jersey, a nonprofit organization providing a series of business, economics and life-skills programs to enhance the education of young people, through their JA Finance Park® program at New Brunswick High School.

'Junior Achievement wouldn't exist without volunteers and outstanding partnerships such as Provident Bank,' said [Joy Isabelle, JA Finance Park Manager]. 'Through their volunteerism at JA Finance Park®, 57 high school students received a program that will help empower them to own their economic success.'

Over the course of two days, a total of 15 Provident employee volunteers led students on a guided online class on tablets in which they received a life scenario including a job, salary, and family situation to use as the basis to learn how to construct and adhere to a personal budget.

The time spent with the students, in tandem with the in-class curriculum prior to their visit, provided each student more than 18 hours of financial literacy education at no cost to the schools and their families.

'The feedback we received from the students spoke volumes,' said Jim Christy, Board Member, Junior Achievement and Chief Risk Officer, The Provident Bank. 'It was truly a rewarding experience for the volunteers to leave such a lasting impression on the students by helping them gain the business and financial skills necessary for economic success.'

About The Provident Bank

The Provident Bank, (www.providentpa.com) a community-oriented bank offering 'Commitment you can count on' since 1839, is the wholly owned subsidiary of Provident Financial Services, Inc. (NYSE:PFS), which reported assets of $8.9 billion as of September 30, 2015. With $5.8 billion in deposits, The Provident Bank provides a comprehensive suite of financial products and services through its network of branches throughout northern and central New Jersey and eastern Pennsylvania. The Bank also provides fiduciary and wealth management services through its wholly owned subsidiary, Beacon Trust Company.

Provident Financial Services Inc. issued this content on 2015-12-23 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 2015-12-23 16:07:11 UTC

Original Document: https://www.providentnj.com/press-releases/the-provident-bank-employees-volunteer-for-junior-achievement

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Financials ($)
Sales 2019 314 M
EBIT 2019 -
Net income 2019 124 M
Debt 2019 -
Yield 2019 4,20%
P/E ratio 2019 13,07
P/E ratio 2020 12,90
Capi. / Sales 2019 5,28x
Capi. / Sales 2020 5,09x
Capitalization 1 661 M
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Mean consensus HOLD
Number of Analysts 6
Average target price 27,6 $
Spread / Average Target 11%
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Managers
NameTitle
Christopher P. Martin Chairman, President & Chief Executive Officer
Thomas M. Lyons Chief Financial Officer & Executive Vice President
Frank L. Fekete Independent Director
Carlos M. Hernandez Lead Independent Director
Thomas W. Berry Independent Director