Provident Financial Services Inc Reports Mixed Results Amid Economic Challenges
Net Income: Q4 net income of $27.3 million, down from $49.0 million in Q4 2022; Full year net income of $128.4 million, down from $175.6 million in 2022. Net Interest Margin: Decreased to 2.92% in Q4 2023 from 3.62% in Q4 2022. Loan Portfolio: Increased by $206.1 million to $10.87 billion in Q4 2023...