Provident Financial Services, Inc (PFS) Q1 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning, my name is Carrie and I will be your conference operator today. At this time, I would like to welcome everyone to the Provident Financial Services first quarter 2026 earnings conference call. All lines have been placed on mute to prevent any background noise. After the speaker's remarks, there will be a question and answer session. If you would like to ask a question during this time, simply press star then the number one on your telephone keypad. If you would like to withdraw your question, please press star 1 again. I would now like to turn the call over to Michael Perito, Head of Investor Relations. Please go ahead. Thank you. Good morning, everyone, and thank you for joining us for our first quarter 2026 earnings call. Today's presenters are President and CEO Tony LaBazzetta and Senior Executive Vice President and Chief Financial Officer Tom Lyons. Before beginning their review of our financial results, we ask that you please take note of our standard caution as to any forward-looking statements that may be made during the course of today's call. Our full disclaimer is contained in last evening's earnings release, which has been posted to the investor relations page on our website, provident.bank. Now I'd like to hand it off to Tony LaBazzetta, who will offer his perspective on our first quarter. Tony? Thank you, Michael, and welcome, everyone. I appreciate you joining us today to discuss Providence's first quarter I am pleased to report that we delivered another strong quarter of financial performance, demonstrating the continued momentum of our business and the effectiveness of our strategic initiatives. For the first quarter, we reported net earnings of $79 million, or $0.61 per share, representing solid profitability as we continue to execute ou...