Filing Flows › Provident Financial Services (PFS) › Q2 2026 › vs Q1 2026
Provident Financial Services (PFS) Q2 2026 vs Q1 2026 (quarter over quarter)
Provident Financial Services's revenue rose $9.5M (+4%) from $225M in Q1 2026 to $235M in Q2 2026. Operating margin 45.2% against 48.9% (-3.7 pts).
Provident Financial Services, Q2 2026: revenue $235M (+10% year over year), operating margin 45.2%, net earnings $78.1M, operating cash flow $119M. The chart draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Operating margin | 45.2% | 48.9% | -3.7 pts |
| Net margin | 33.3% | 35.3% | -2.0 pts |
| Free cash flow margin | 46.3% | 36.0% | +10.3 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $235M | $225M | $9.5M | +4% |
| Operating profit | $106M | $110M | −$4.1M | -4% |
| Costs & expenses | $129M | $115M | $13.6M | +12% |
| Pre-tax earnings | $106M | $110M | −$4.1M | -4% |
| Credit loss provision | $9.6M | −$4.7M | $14.2M | — |
| Noninterest expense | $119M | $117M | $2.1M | +2% |
| Net earnings | $78.1M | $79.4M | −$1.3M | -2% |
| Income tax | $27.9M | $30.8M | −$2.8M | -9% |
| Depreciation & amortization | $11.8M | $11.8M | −$64K | -0.5% |
| Working capital & other | $28.9M | −$6.6M | $35.5M | — |
| Operating cash flow | $119M | $84.7M | $34.2M | +40% |
| Free cash flow (OCF − capex) | $109M | $81.0M | $27.7M | +34% |
| Capital expenditures | $10.2M | $3.7M | $6.5M | +177% |
Questions
How much did Provident Financial Services's revenue grow quarter over quarter in Q2 2026?
Provident Financial Services's revenue rose $9.5M (+4%) from $225M in Q1 2026 to $235M in Q2 2026. Operating margin 45.2% against 48.9% (-3.7 pts).