Provident Financial Services’ subsidiary, Provident Bank, released the results of its annual Economic Outlook Survey, reflecting a marked transition in business sentiment for 2026. More than 50% of respondents believe the U.S. economy will improve this year and over 60% expect their own companies to be in better shape. Capital expenditure plans surged, with 70% of businesses intending to boost spending—up from 68% a year ago—and those targeting a significant increase jumped from 11% to 19%. Hiring intentions also accelerated, as 57% plan to add headcount compared to 53% previously, and the share forecasting a substantial staff increase more than doubled to 17%. AI adoption gained momentum, with 58% of firms already using or planning to implement AI tools, up from 41%. Inflation remains the top concern for 49% of owners and policy uncertainty has risen to 37%. Provident Bank President and CEO Anthony Labozzetta commented that these findings underscore a move from passive optimism to tangible investment and expansion strategies.

Provident Financial Services, Inc. will report its financial results for the quarter ended December 31, 2025 on January 27, 2026, after market close. A conference call for investors is set for January 28 at 10:00 a.m. Eastern Time, with North America toll-free access at (888) 412-4131 and international dial-in at +1 (646) 960-0134 using Conference ID 3610756. Webcast access will be available via the Investor Relations section of www.provident.bank. A replay will run from 12:00 p.m. ET on January 28 through February 11, accessible at US & Canada toll-free 1 (800) 770-2030 or Canada toll 1 (647) 362-9199 with Playback ID 3610756. As of September 30, 2025, the company held assets of $24.8 billion and operated over 140 branches across New Jersey, eastern Pennsylvania, and New York, alongside fiduciary, wealth management and insurance services through its subsidiaries.