Provident Financial Services (PFS) Restructuring Costs (2022 - 2024)
Provident Financial Services (PFS) posted Restructuring Costs of $20.2 million for Q4 2024, up 29.65% on a QoQ basis from $15.6 million in Q3 2024, and up 714.82% year-over-year from $2.5 million in Q1 2024.
Provident Financial Services (PFS) Restructuring Costs (2022 - 2024) Analysis & Trends
Provident Financial Services' Restructuring Costs history runs 3 years deep, the most recent figure standing at $20.2 million for Q4 2024.
- Quarterly Restructuring Costs rose 714.82% year-over-year to $20.2 million in Q4 2024, while the trailing twelve-month figure through Sep 2025 was $20.2 million (down 48.44% YoY) and the FY2024 annual result came in at $56.9 million, up 626.64% from the prior year.
- Restructuring Costs was $20.2 million for Q4 2024 at Provident Financial Services, up from $15.6 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.
- A 3-year average of $6.9 million and a median of $2.4 million in 2023 frame the typical range for Restructuring Costs.
- Annual changes were most pronounced in 2023 — Restructuring Costs declined 20.69% — and 2024, when it surged 864.29%.
- Provident Financial Services' 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.
- Business Quant data shows PFS's Restructuring Costs at $20.2 million in Q4 2024, $15.6 million in Q3 2024, and $18.9 million in Q2 2024.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | KB Financial | 42,090.38 Bn | 42,090.38 Bn | -786,828.77 |
| 2 | Shinhan Financial | 33,919.15 Bn | 33,919.15 Bn | - |
| 3 | Bank Of Chile | 4,123.52 Bn | 4,123.52 Bn | 167,623.00 |
| 4 | Lloyds Banking | 360.83 Bn | 360.83 Bn | - |
| 5 | First Capital | 204.17 Bn | 203.82 Bn | - |
| 6 | Landmark Bancorp | 187.97 Bn | 187.94 Bn | - |
| 7 | NatWest | 144.82 Bn | -51.17 Bn | - |
| 8 | Pnc Financial Services | 101.80 Bn | 101.80 Bn | - |
| 9 | Us Bancorp | 99.51 Bn | 99.51 Bn | - |
| 10 | Provident Financial Services | 3.13 Bn | 2.88 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2024 | 20.18 Mn |
| Sep 30, 2024 | 15.57 Mn |
| Jun 30, 2024 | 18.90 Mn |
| Mar 31, 2024 | 2.20 Mn |
| Dec 31, 2023 | 2.48 Mn |
| Sep 30, 2023 | 2.29 Mn |
| Jun 30, 2023 | 1.96 Mn |
| Mar 31, 2023 | 1.10 Mn |
| Dec 31, 2022 | 1.24 Mn |
| Sep 30, 2022 | 2.89 Mn |