Provident Financial Services Inc (PFS)
Provident Financial Services, Inc. is a leading bank holding company based in Jersey City, New Jersey, primarily offering a comprehensive suite of banking products and services tailored to meet the diverse needs of individuals, families, and businesses across the United States. Through its subsidiary, Provident Bank, the company provides a range of financial solutions, including personal and commercial banking services, mortgages, and investment products. With a focus on enhancing customer experience and community engagement, Provident Financial Services is committed to delivering sustainable growth and value to its shareholders while maintaining a strong regional presence.
Stock Price Trends
Stock price trends estimated using linear regression.
Key facts
- The primary trend is increasing.
- The growth rate of the primary trend is 17.17% per annum.
- PFS price at the close of December 12, 2025 was $21.02 and was inside the primary price channel.
- The secondary trend is increasing.
- The growth rate of the secondary trend is 746.22% per annum.
- PFS price at the close of December 12, 2025 was inside the secondary price channel.
Linear Regression Model
Model equation:
Yi = α + β × Xi + εi
Top border of price channel:
Exp(Yi) = Exp(a + b × Xi + 2 × s)
Bottom border of price channel:
Exp(Yi) = Exp(a + b × Xi – 2 × s)
where:
i - observation number
Yi - natural logarithm of PFS price
Xi - time index, 1 day interval
σ - standard deviation of εi
a - estimator of α
b - estimator of β
s - estimator of σ
Exp() - calculates the exponent of e
Primary Trend
Start date: August 21, 2023
End date: December 12, 2025
a = 2.1719
b = 0.0004
s = 0.0926
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0004) – 1
= 17.17%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0926) – 1
= 44.81%
August 21, 2023 calculations
Top border of price channel:
Exp(Y674)
= Exp(a + b × X674 + 2 × s)
= Exp(a + b × 980 + 2 × s)
= Exp(2.1719 + 0.0004 × 980 + 2 × 0.0926)
= Exp(2.7824)
= $16.16
Bottom border of price channel:
Exp(Y674)
= Exp(a + b × X674 – 2 × s)
= Exp(a + b × 980 – 2 × s)
= Exp(2.1719 + 0.0004 × 980 – 2 × 0.0926)
= Exp(2.4122)
= $11.16
December 12, 2025 calculations
Top border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 + 2 × s)
= Exp(a + b × 1,824 + 2 × s)
= Exp(2.1719 + 0.0004 × 1,824 + 2 × 0.0926)
= Exp(3.1488)
= $23.31
Bottom border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 – 2 × s)
= Exp(a + b × 1,824 – 2 × s)
= Exp(2.1719 + 0.0004 × 1,824 – 2 × 0.0926)
= Exp(2.7786)
= $16.10
Description
- The primary trend is increasing.
- The growth rate of the primary trend is 17.17% per annum.
- PFS price at the close of December 12, 2025 was $21.02 and was inside the primary price channel.
Secondary Trend
Start date: November 17, 2025
End date: December 12, 2025
a = -7.6341
b = 0.0059
s = 0.0133
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0059) – 1
= 746.22%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0133) – 1
= 5.44%
November 17, 2025 calculations
Top border of price channel:
Exp(Y1,237)
= Exp(a + b × X1,237 + 2 × s)
= Exp(a + b × 1,799 + 2 × s)
= Exp(-7.6341 + 0.0059 × 1,799 + 2 × 0.0133)
= Exp(2.9183)
= $18.51
Bottom border of price channel:
Exp(Y1,237)
= Exp(a + b × X1,237 – 2 × s)
= Exp(a + b × 1,799 – 2 × s)
= Exp(-7.6341 + 0.0059 × 1,799 – 2 × 0.0133)
= Exp(2.8653)
= $17.55
December 12, 2025 calculations
Top border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 + 2 × s)
= Exp(a + b × 1,824 + 2 × s)
= Exp(-7.6341 + 0.0059 × 1,824 + 2 × 0.0133)
= Exp(3.0646)
= $21.43
Bottom border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 – 2 × s)
= Exp(a + b × 1,824 – 2 × s)
= Exp(-7.6341 + 0.0059 × 1,824 – 2 × 0.0133)
= Exp(3.0116)
= $20.32
Description
- The secondary trend is increasing.
- The growth rate of the secondary trend is 746.22% per annum.
- PFS price at the close of December 12, 2025 was inside the secondary price channel.