Regional Banks Q1 Earnings: Provident Financial Services Revenue Rises 7.9%

Earnings
โดย Yahoo Finance·Read original
Summary · why it matters

Provident Financial Services reported first-quarter revenues of $225.2 million, a 7.9% increase year on year, matching analyst expectations. The quarter was mixed, with earnings per share beating estimates but net interest income falling short. President and CEO Anthony J. Labozzetta highlighted a 13.5% rise in pre-provision net revenue, record loan pipeline of $3.1 billion, and optimism for continued earnings growth. The stock has gained 6.6% since the report, trading at $23.90. Among the 91 regional banks tracked, UMB Financial posted the strongest quarter with a 29.3% revenue jump to $744.8 million, while BankUnited was the weakest, missing revenue estimates by 5.1%.

Impact on stocks 5

Financials± Mixed · 5 stocks
BankUnited Inc
BKU
▼ NegativeCapitalrelevance

BankUnited was the weakest among regional banks, missing revenue estimates by 5.1%.

© 2026 MarketDXNews