PackageTrendsPeer
Letter portraitLegal landscape

Provident Bank

Jersey City, NJ · Cert 12010 · Provident Finl Services Inc.

SI · FDIC · 138 branches

Q2 2026

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, banks over $10B in assets in the New York-Newark-Jersey City, NY-NJ area3

Basis

Quarter: Q2 2026, the quarter ended June 30, 2026, on both parts.

Income statement: year to date as filed, annualized, on both parts.

Balance sheet: as filed at quarter end.

Peer group

Banks over $10B in assets in the New York-Newark-Jersey City, NY-NJ area (n=15). Each measure ranks only the institutions that reported it, so n varies by measure.

Peer groups below the disclosure floor are suppressed.

Peer standing

Capital

29

Q2 2024Q2 2026peer median (50)

Asset Quality

50

Q2 2024Q2 2026peer median (50)

Profitability

84

Q2 2024Q2 2026peer median (50)

Liquidity

0

Q2 2024Q2 2026peer median

Efficiency

80

Q2 2024Q2 2026peer median (50)

Growth

No peer data yet

Capital, Asset Quality, Profitability, Efficiency: higher is always a stronger peer standing (▲ better, ▼ worse). Liquidity, Growth: the score reflects closeness to the peer median -- 100 is sitting exactly at the median, falling the same way whether the bank runs above or below it.

Source: FFIEC Call Report (031/041/051), as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas.

CallReports · callreports.ai · Board PackageGenerated 2026-10-11

Provident Bank

Jersey City, NJ · Cert 12010 · Provident Finl Services Inc.

SI · FDIC · 138 branches

Q2 2026

$25.7BAssets
$20.1BLoans
$19.6BDeposits
$3.2BEquity
Loan mix
89%RE $17.2B11%C&I $2.0B0%Consumer $0.0BQ2 2025Q2 2026
Deposit mix
80%Interest-bearing $15.7B20%Noninterest $3.9BQ2 2025Q2 2026

NIM

3.33%Q2 ’245.08%Q2 ’255.05%Q2 ’26+62%+3%

Non-interest income vs. expense

1.51%Q2 ’241.88%Q2 ’251.85%Q2 ’26+27%-6%

Market Position · New York-Newark-Jersey City, NY-NJ · 2026 SOD (annual) · 0.6% share · #21 of 151 inst. · $18.7B of $2921.1B

8.0% Middlesex
9.5% Morris
45.6% Sussex
2.7% Bergen

Executive Summary

  • Earnings: ROA of 1.35%, up 8 bps year over year; NIM at 3.35%.
  • Asset quality: problem loans at 0.68% of loans (+15 bps YoY), with net charge-offs at 0.05%.
  • Capital: tier 1 leverage ratio of 10.53%, up 41 bps from a year ago.
  • Funding: loans stand at 102.24% of deposits as of Q2 2026.

Financial Results

Return on Assets (YTD, annualized)

1.35%+8 bps YoY

Net Interest Margin (YTD, annualized)

3.35%+10 bps YoY

Efficiency Ratio (YTD, annualized)

45.74%-222 bps YoY

Tier 1 Leverage Ratio

10.53%+41 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets1.27%1.27%1.28%1.37%1.35%+8 bps
Return on Equity10.35%10.29%10.38%10.77%10.63%+29 bps
Net Interest Margin3.25%3.28%3.29%3.32%3.35%+10 bps
Efficiency Ratio47.97%46.89%46.51%46.26%45.74%-222 bps
Non-Interest Burden1.44%1.42%1.40%1.36%1.35%-9 bps
Growth
Asset Growth (YoY)2.07%3.39%3.88%3.84%4.48%+241 bps
Loan Growth (YoY)1.85%2.66%3.70%3.77%4.92%+306 bps
Deposit Growth (YoY)1.73%3.72%3.47%3.43%4.49%+276 bps
Asset Quality
Nonperforming Loans / Loans0.53%0.49%0.37%0.70%0.68%+15 bps
Net Charge-Offs / Loans0.03%0.06%0.07%0.06%0.05%+2 bps
Allowance / Loans0.98%0.97%0.95%0.90%0.92%-6 bps
Allowance Coverage of NPLs1.8x2.0x2.5x1.3x1.3x-0.5x
Capital
Tier 1 Leverage Ratio10.12%10.27%10.38%10.49%10.53%+41 bps
Total Risk-Based Capital12.77%12.86%13.08%13.16%12.99%+22 bps
Equity / Assets12.39%12.50%12.69%12.71%12.59%+20 bps
Liquidity & Funding
Loans / Deposits101.83%100.77%101.02%102.61%102.24%+42 bps
Liquid Assets / Assets1.51%1.80%1.42%1.31%1.26%-25 bps
CRE / Total Capitaln/a577%569%565%n/an/a

Source: FFIEC Call Report (031/041/051), as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas. Income-statement figures are year-to-date as filed, annualized (the UBPR convention). Each quarter includes the ones before it.

CallReports · callreports.ai· Performance TrendsGenerated 2026-10-11

Provident Bank

Jersey City, NJ · Cert 12010 · Peer group: banks over $10B in assets in the New York-Newark-Jersey City, NY-NJ area (n=15) · Provident Finl Services Inc.

SI · FDIC · 138 branches

Q2 2026

$25.7BAssets
$20.1BLoans
$19.6BDeposits
$3.2BEquity

Executive Summary

  • Strongest standing: net interest margin outperforms 93% of banks over $10B in assets in the New York-Newark-Jersey City, NY-NJ area (rank 1 of 15).
  • Widest gap: total risk-based capital ratio trails 93% of banks over $10B in assets in the New York-Newark-Jersey City, NY-NJ area (rank 14 of 15).
  • Overall: at or above the peer median on 6 of 9 directional measures.

Return on Assets

1.33%

Rank 2 of 15

Net Interest Margin

3.35%

Rank 1 of 15

Efficiency Ratio

49.33%

Rank 4 of 15

Equity / Assets

12.59%

Rank 4 of 15

Non-interest income vs. expense

$127.3M$470.4MINCOMEEXPENSE
Unfavorable gap of $343.1M · efficiency ratio beats 80% of banks over $10B in assets in the New York-Newark-Jersey City, NY-NJ area
Bank 49.33%Peer median 55.4%Q2 2025Q2 2026Shaded: peer 25th to 75th percentile
MetricYour BankPeer 25thPeer MedianPeer 75thStandingRankPeer Position
Earnings
Return on Assets1.33%0.74%0.98%1.14%Beats 87%2 / 15
Return on Equity10.53%5.21%8.81%10.53%Beats 73%4 / 15
Net Interest Margin3.35%1.76%2.56%3.09%Beats 93%1 / 15
Efficiency Ratio49.33%49.33%55.36%65.80%Beats 80%4 / 15
Asset Quality
Nonperforming Loans / Loans0.68%0.39%0.66%0.92%Beats 40%10 / 15
Net Charge-Offs / Loans0.03%0.01%0.03%0.10%Beats 60%7 / 15
Capital
Tier 1 Capital Ratio12.09%12.31%14.32%17.39%Beats 7%14 / 15
Total Risk-Based Capital Ratio12.99%13.34%14.76%19.29%Beats 7%14 / 15
Equity / Assets12.59%8.06%10.22%12.59%Beats 73%4 / 15
Liquidity & Funding
Loans / Deposits102.24%52.62%85.61%96.57%93rd pctl1 / 15
Loans / Assets78.17%32.81%69.81%78.17%73rd pctl4 / 15
Brokered Deposits / Depositsn/aNot reported for this institution