Provident Financial Services (PFS) Q2 FY26 earnings call

Provident Financial Services delivered a strong Q2 FY26, marked by record revenues and robust commercial loan growth, including a significant pipeline. Profitability metrics improved, reflecting positive operating leverage. While the deposit environment remains competitive, the bank is strategically investing in core funding initiatives and expects continued NIM expansion, albeit with slightly rising deposit costs. The company is also progressing with a core system conversion and other technology initiatives.