Provident Financial Services (PFS) Restructuring Costs (2022 - 2024)

Provident Financial Services has reported Restructuring Costs for 3 years, with the latest figure at $20.2 million in Q4 2024.

• For the quarter ending Q4 2024, Restructuring Costs rose 714.82% year-over-year to $20.2 million; the trailing twelve-month figure through Sep 2025 stood at $20.2 million (down 48.46% YoY), and the FY2024 full-year result was $56.9 million, up 626.64% from the prior year.
• Restructuring Costs for Q4 2024 stood at $20.2 million, up from $15.6 million in the prior quarter.
• The five-year high for Restructuring Costs was $20.2 million in Q4 2024, with the low at $1.1 million in Q1 2023.
• Historically, Restructuring Costs has averaged $6.9 million across 3 years, with a median of $2.4 million in 2023.
• Annual changes were most pronounced in 2023 — Restructuring Costs decreased 20.69% — and 2024, when it soared 865.05%.
• Provident Financial Services' Restructuring Costs stood at $1.2 million in 2022, then surged by 99.44% to $2.5 million in 2023, then surged by 714.82% to $20.2 million in 2024.
• The last three Restructuring Costs figures came in at $20.2 million (Q4 2024), $15.6 million (Q3 2024), and $18.9 million (Q2 2024), per Business Quant data.