Provident Financial Services (PFS) Restructuring Costs (2022 - 2026)

Provident Financial Services (PFS) has reported Restructuring Costs for 4 consecutive years, with $1.5 million the latest figure, recorded in Q2 2026.

• For the quarter ending Q2 2026, Restructuring Costs changed N/A year-over-year to $1.5 million; the trailing twelve-month figure through Jun 2026 stood at $1.5 million (down 95.78% YoY), and the FY2024 full-year result was $56.9 million, up 626.64% from the prior year.
• Restructuring Costs declined to $1.5 million in Q2 2026 per PFS's latest filing, from $20.2 million in the prior quarter.
• Across five years, Restructuring Costs topped out at $20.2 million in Q4 2024 and bottomed at $1.1 million in Q1 2023.
• Historically, Restructuring Costs has averaged $6.4 million across 4 years, with a median of $2.3 million in 2023.
• The sharpest annual moves came in 2023 and 2024: Restructuring Costs slipped 20.69% in 2023, then jumped 865.05% in 2024.
• Over 4 years, Restructuring Costs stood at $1.2 million in 2022, then jumped by 99.44% to $2.5 million in 2023, then jumped by 714.82% to $20.2 million in 2024, then tumbled by 92.53% to $1.5 million in 2026.
• According to Business Quant data, Restructuring Costs over the past three periods registered $1.5 million, $20.2 million, and $15.6 million for Q2 2026, Q4 2024, and Q3 2024 respectively.