INVESTOR ALERT: Tostrud Law Group, PC Announces Investigation of Provident Financial Services (PFS) on Behalf of Investors
Provident Financial Services, Inc (PFS)
Last provident financial services, inc earnings: 4/30 08:00 am
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US:NYSE Investor Relations:
providentfinancial.com/investors
Company Research
Source: Business Wire
LOS ANGELES--(BUSINESS WIRE)--Tostrud Law Group, PC announces an investigation on behalf of Provident Financial Services, Inc. (“Provident” or the “Company”) (NYSE: PFS) investors concerning the Company and its officers’ possible violations of federal securities laws.On April 27, 2018, Provident disclosed “deterioration in selected commercial credits, including a $15.4 million credit to a commercial borrower” that had filed for bankruptcy in March 2018. The Company established a $2.5 million specific reserve for this impaired loan.On July 5, 2018, Provident revealed that it expected an additional reserve for the remainder of the $15.4 million credit and that its net income for the quarter ended June 30, 2018 would be reduced by up to $9.3 million.Then, on July 27, 2018, pre-market, Provident reported a net charge-off of $4 million for two additional loans from another commercial borrower that became impaired during second quarter 2018. The Company’s Chief Executive Officer Christo
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PFS
Earnings
- 10/29/24 - Miss
PFS
Sec Filings
- 11/12/24 - Form 4
- 11/7/24 - Form 10-Q
- 10/31/24 - Form SC
- PFS's page on the SEC website