Provident Financial Services Files 8-K on Material Agreements
Ticker: PFS · Form: 8-K · Filed: May 13, 2024 · CIK: 1178970
| Field | Detail |
|---|---|
| Company | Provident Financial Services Inc (PFS) |
| Form Type | 8-K |
| Filed Date | May 13, 2024 |
| Risk Level | medium |
| Pages | 3 |
| Reading Time | 4 min |
| Key Dollar Amounts | $0.01, $225.0 million, $200 million |
| Sentiment | neutral |
Sentiment: neutral
Topics: material-agreement, financial-obligation, 8-k
TL;DR
PFS filing 8-K: Material agreements, financial obligations, and other events reported May 13, 2024.
AI Summary
On May 13, 2024, Provident Financial Services, Inc. filed an 8-K report detailing several material events. These include entering into a material definitive agreement, creating a direct financial obligation, and other significant events. The filing also covers financial statements and exhibits.
Why It Matters
This filing indicates significant corporate actions and financial commitments by Provident Financial Services, Inc., which could impact its financial standing and future operations.
Risk Assessment
Risk Level: medium — The filing indicates material definitive agreements and financial obligations, which inherently carry risks that need further investigation.
Key Players & Entities
- Provident Financial Services, Inc. (company) — Registrant
- May 13, 2024 (date) — Date of report
FAQ
What specific material definitive agreement did Provident Financial Services, Inc. enter into?
The filing states that Provident Financial Services, Inc. entered into a material definitive agreement, but the specific details of this agreement are not provided in the provided text.
What is the nature of the direct financial obligation or off-balance sheet arrangement?
The filing indicates the creation of a direct financial obligation or an obligation under an off-balance sheet arrangement, but the specifics are not detailed in the provided text.
Are there any other significant events reported in this 8-K filing?
Yes, the filing lists 'Other Events' as an item information, alongside the material agreement and financial obligation.
What is the principal executive office address for Provident Financial Services, Inc.?
The principal executive offices are located at 239 Washington Street, Jersey City, New Jersey 07302.
What is the telephone number for Provident Financial Services, Inc.?
The registrant's telephone number, including area code, is (732) 590-9200.
Filing Stats: 1,003 words · 4 min read · ~3 pages · Grade level 9.9 · Accepted 2024-05-13 11:21:32
Key Financial Figures
- $0.01 — ich registered Common stock, par value $0.01 per share PFS New York Stock Exchan
- $225.0 million — to the previously announced offering of $225.0 million aggregate principal amount of 9.00% Fix
- $200 million — including that Provident issue at least $200 million of Tier 2 qualifying subordinated debt
Filing Documents
- d808773d8k.htm (8-K) — 30KB
- d808773dex41.htm (EX-4.1) — 351KB
- d808773dex42.htm (EX-4.2) — 172KB
- d808773dex51.htm (EX-5.1) — 9KB
- d808773dex991.htm (EX-99.1) — 11KB
- g808773dsp1.jpg (GRAPHIC) — 10KB
- 0001193125-24-136926.txt ( ) — 836KB
- pfs-20240513.xsd (EX-101.SCH) — 3KB
- pfs-20240513_lab.xml (EX-101.LAB) — 17KB
- pfs-20240513_pre.xml (EX-101.PRE) — 11KB
- d808773d8k_htm.xml (XML) — 3KB
Financial Statements and Exhibits
Financial Statements and Exhibits. Exhibit No. Description 4.1 Indenture, dated May 13, 2024, between Provident Financial Services, Inc. and Wilmington Trust, National Association, as trustee. 4.2 First Supplemental Indenture, May 13, 2024, between Provident Financial Services, Inc. and Wilmington Trust, National Association, as trustee. 4.3 Form of 9.00% Fixed-to-Floating Rate Subordinated Notes due 2034 (included in Exhibit 4.2). 5.1 Opinion of Luse Gorman, PC. 23.1 Consent of Luse Gorman, PC (included in Exhibit 5.1). 99.1 Press Release dated May 13, 2024 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Company has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Provident Financial Services, Inc. By: /s/ Thomas M. Lyons Name: Thomas M. Lyons Title: Senior Executive Vice President and Chief Financial Officer Date: May 13, 2024