HIGHBuilt-inLoan_portfolio
57.3%
commercial real estate loans
“10-K Item 1A: 'our portfolio of commercial real estate loans, including multi-family loans, totaled $11.07 billion, or 57.3% of total loans'”
PFS · Concentration risk · 10-K extracted
Provident Financial Services, I (PFS) concentration risks
Updated
The most significant concentration Provident Financial Services, I discloses is commercial real estate loans at 57.3%, classified HIGH by disclosed size. Below: the full set from the latest 10-K — verbatim quotes, filing references, and a synthesis of what these exposures mean together.
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.
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Source: Provident Financial Services, I’s SEC Form 10-K filed — view the filing on SEC EDGAR ↗
At a glance
Disclosed-size breakdown · 3 disclosed concentrations
HIGH2
MEDIUM1
LOW0
Disclosed concentrations
Each card carries a disclosed-size chip (HIGH / MEDIUM / LOW — how large the exposure is as a share of revenue, not how dangerous it is) and a nature tag: Built-in(the company’s own model, geography, or products) or Outside party (an external customer, supplier, or distributor it relies on).
HIGHBuilt-inRegulatory
NJDOBI and FDIC
“10-K Item 1A: 'primarily by the NJDOBI, our chartering authority, and by the FDIC, as insurer of our deposits'”
MEDIUMBuilt-inLoan_portfolio
26.9%
commercial and industrial loans
“10-K Item 1A: 'our commercial and industrial loans totaled $5.20 billion, or 26.9% of portfolio loans'”
TrendMatrix Research · concentration synthesis
What these concentrations mean together
updated 2026-06-24The company's concentration profile is shaped by two loan-portfolio concentrations and a regulatory dependency, all structural in character. The largest disclosed exposure is commercial real estate loans: including multi-family loans, this category totaled $11.07 billion, or 57.3% of total loans — a high-share concentration. Commercial real estate is the dominant asset class in the loan book, meaning that a sustained correction in commercial property values, higher vacancy rates, or a deterioration in borrower credit quality within this sector would have a disproportionate impact on credit losses. The second loan-portfolio exposure is commercial and industrial loans, which totaled $5.20 billion, or 26.9% of portfolio loans — a medium-share concentration. Together with commercial real estate, these two categories represent the core of the portfolio, leaving relatively limited diversification into consumer or residential lending at the disclosed level. The regulatory dependency — oversight primarily by the NJDOBI and the FDIC — is a high-share structural feature common to all chartered banks but worth noting as a material influence on capital requirements, dividend capacity, and permissible activities. It does not introduce idiosyncratic risk in the way a customer or supplier concentration might, but it does mean that adverse regulatory actions or capital rule changes by either agency carry institution-level consequences. On balance, the primary risk axis is the performance of the commercial real estate loan portfolio, which accounts for the largest single disclosed share of total loans.
For the engine’s reasoning on PFS’s current verdict — including which dimensions drove the score — see the per-dimension breakdown.
Industry peers · Banks - Regional
Peer concentration profile
| Symbol | Name | HIGH | MEDIUM | LOW | Total |
|---|---|---|---|---|---|
| ASB | Associated Banc-Corp | 2 | 3 | 0 | 5 |
| PFS● | Provident Financial Services, I | 2 | 1 | 0 | 3 |
| BANC | Banc of California, Inc. | 2 | 0 | 0 | 2 |
| AX | Axos Financial, Inc. | 1 | 1 | 0 | 2 |
| AUB | Atlantic Union Bankshares Corpo | 0 | 3 | 0 | 3 |
| ABCB | Ameris Bancorp | 0 | 0 | 0 | 0 |
Concentration counts reflect items disclosed in each peer’s most recent 10-K; disclosed-size classification uses TrendMatrix’s internal 10-K extraction taxonomy.