PFS 424B5: Secondary offering

Filed with the SEC on · accession 0001552781-26-000455

PFS filed a 424B5 (prospectus (offering)) with the SEC on Aug 20, 2026. Provident Financial Services, Inc. is offering fixed-to-floating rate subordinated notes due 2036 in an underwritten public offering. The stock moved -0.0% by the first close after the filing.

Summary of the filing

Provident Financial Services, Inc. is offering fixed-to-floating rate subordinated notes due 2036 in an underwritten public offering. The notes will bear a fixed rate initially and then float at a spread to Three-Month Term SOFR, and may be redeemed at the company's option after a certain date.

Key details

aggregate principal amount of notes offered$0
minimum denomination$1K
IssuerProvident Financial Services, Inc.
UnderwriterPiper Sandler
UnderwriterKeefe, Bruyette & Woods, A Stifel Company

How PFS stock reacted

Close before

$23.70

Aug 19, 2026

First close after

-0.04%

$23.69

5 trading days

-0.72%

$23.53

Since filing

-3.12%

$22.96

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Frequently asked questions

What did PFS file with the SEC on Aug 20, 2026?

PFS filed a 424B5 (Secondary offering). Provident Financial Services, Inc. is offering fixed-to-floating rate subordinated notes due 2036 in an underwritten public offering. The notes will bear a fixed rate initially and then float at a spread to Three-Month Term SOFR, and may be redeemed at the company's option after a certain date.

What does a secondary offering mean for PFS stock?

New shares dilute existing holders and are often sold at a discount to the market price.

How do I read a 424B5?

The final terms of an offering of shares or bonds. Look at price, number of shares and the discount to the market price. Large offerings dilute existing shareholders.

Why are SEC filings important?

Public companies must tell the SEC about anything that can change their value — results, leadership changes, big deals, new shares, bankruptcy. Filings are the official source, often before the news. A 424B5 (prospectus (offering)): The final terms of an offering of shares or bonds.

How did PFS stock react to this filing?

PFS closed at $23.70 before the filing and $23.69 on Aug 20, 2026 (-0.04%). Five trading days later: $23.53 (-0.72%).

Other PFS SEC filings

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