Provident Financial Services (PFS) Restructuring Costs (2022 - 2026)
Provident Financial Services' (PFS) quarterly Restructuring Costs came in at $20.2 million in Q4 2024, up 714.82% YoY from $2.5 million in Q1 2024, and up 29.65% on a QoQ basis from $15.6 million in Q3 2024.
Provident Financial Services (PFS) Restructuring Costs (2022 - 2026) Analysis & Trends
Provident Financial Services (PFS) has 3 years of Restructuring Costs data on file, last reported at $20.2 million in 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 improved to $20.2 million in Q4 2024, from $15.6 million in the prior quarter.
- In the past five years, Restructuring Costs ranged from a high of $20.2 million in Q4 2024 to a low of $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 decreased 20.69% — and 2024, when it surged 864.29%.
- Tracing PFS's Restructuring Costs over 3 years: 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.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Hdfc Bank | 119.58 Bn | 83.39 Bn | - |
| 2 | Pnc Financial Services | 97.75 Bn | 97.75 Bn | - |
| 3 | Us Bancorp | 96.33 Bn | 96.33 Bn | - |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - |
| 5 | NatWest | 73.86 Bn | -145.23 Bn | - |
| 6 | Deutsche Bank Aktiengesellschaft | 71.72 Bn | -81.60 Bn | - |
| 7 | Nu Holdings | 68.51 Bn | 54.82 Bn | 2.35 Bn |
| 8 | Truist Financial | 61.69 Bn | 61.69 Bn | - |
| 9 | Fifth Third Bancorp | 49.73 Bn | 26.00 Bn | - |
| 10 | Provident Financial Services | 3.09 Bn | 2.84 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 1.51 Mn |
| 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 |