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 19.03% per annum.
- PFS price at the close of March 12, 2026 was $20.40 and was inside the primary price channel.
- The secondary trend is increasing.
- The growth rate of the secondary trend is 46.38% per annum.
- PFS price at the close of March 12, 2026 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: March 12, 2026
a = 2.1498
b = 0.0005
s = 0.0917
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0005) – 1
= 19.03%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0917) – 1
= 44.30%
August 21, 2023 calculations
Top border of price channel:
Exp(Y613)
= Exp(a + b × X613 + 2 × s)
= Exp(a + b × 889 + 2 × s)
= Exp(2.1498 + 0.0005 × 889 + 2 × 0.0917)
= Exp(2.7575)
= $15.76
Bottom border of price channel:
Exp(Y613)
= Exp(a + b × X613 – 2 × s)
= Exp(a + b × 889 – 2 × s)
= Exp(2.1498 + 0.0005 × 889 – 2 × 0.0917)
= Exp(2.3907)
= $10.92
March 12, 2026 calculations
Top border of price channel:
Exp(Y1,254)
= Exp(a + b × X1,254 + 2 × s)
= Exp(a + b × 1,823 + 2 × s)
= Exp(2.1498 + 0.0005 × 1,823 + 2 × 0.0917)
= Exp(3.2033)
= $24.61
Bottom border of price channel:
Exp(Y1,254)
= Exp(a + b × X1,254 – 2 × s)
= Exp(a + b × 1,823 – 2 × s)
= Exp(2.1498 + 0.0005 × 1,823 – 2 × 0.0917)
= Exp(2.8366)
= $17.06
Description
- The primary trend is increasing.
- The growth rate of the primary trend is 19.03% per annum.
- PFS price at the close of March 12, 2026 was $20.40 and was inside the primary price channel.
Secondary Trend
Start date: April 3, 2025
End date: March 12, 2026
a = 1.1908
b = 0.0010
s = 0.0480
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0010) – 1
= 46.38%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0480) – 1
= 21.18%
April 3, 2025 calculations
Top border of price channel:
Exp(Y1,019)
= Exp(a + b × X1,019 + 2 × s)
= Exp(a + b × 1,480 + 2 × s)
= Exp(1.1908 + 0.0010 × 1,480 + 2 × 0.0480)
= Exp(2.8319)
= $16.98
Bottom border of price channel:
Exp(Y1,019)
= Exp(a + b × X1,019 – 2 × s)
= Exp(a + b × 1,480 – 2 × s)
= Exp(1.1908 + 0.0010 × 1,480 – 2 × 0.0480)
= Exp(2.6398)
= $14.01
March 12, 2026 calculations
Top border of price channel:
Exp(Y1,254)
= Exp(a + b × X1,254 + 2 × s)
= Exp(a + b × 1,823 + 2 × s)
= Exp(1.1908 + 0.0010 × 1,823 + 2 × 0.0480)
= Exp(3.1900)
= $24.29
Bottom border of price channel:
Exp(Y1,254)
= Exp(a + b × X1,254 – 2 × s)
= Exp(a + b × 1,823 – 2 × s)
= Exp(1.1908 + 0.0010 × 1,823 – 2 × 0.0480)
= Exp(2.9979)
= $20.04
Description
- The secondary trend is increasing.
- The growth rate of the secondary trend is 46.38% per annum.
- PFS price at the close of March 12, 2026 was inside the secondary price channel.