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Provident Financial Services' (PFS) CEO Chris Martin on Q4 2018 Results - Earnings Call Transcript

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Provident Financial Services, Inc. (NYSE:PFS) Q4 2018 Results Earnings Conference Call February 1, 2019 10:00 AM ET

Company Participants

Leonard Gleason - Investor Relations Officer

Chris Martin - Chairman, President and Chief Executive Officer

Tom Lyons - Executive Vice President and Chief Financial Officer

Conference Call Participants

Mark Fitzgibbon - Sandler O'Neill and Partners.

Collyn Gilbert - KBW

Russell Gunther - D.A. Davidson

Matthew Breese - Piper Jaffray

Erik Zwick - Boenning & Scattergood


Good morning everyone, and welcome to the Provident Financial Services, Incorporated Fourth Quarter Earnings Conference Call. All participants will be in listen-only mode. [Operator Instructions] After today’s presentation, there will be an opportunity to ask questions. [Operator Instructions] Please also note today’s event is being recorded.

At this time, I would like to turn the conference call over to Mr. Leonard Gleason, Investor Relations Officer. Mr. Gleason, please go ahead.

Leonard Gleason

Thank you, Jamie. Good morning, ladies and gentlemen. Thank you for joining us today. The presenters for our fourth quarter earnings call are Chris Martin, Chairman, President and CEO; and Tom Lyons, Executive Vice President and Chief Financial Officer.

Before beginning their review of our financial results, we ask that you please take note of our standard caution as to any forward-looking statements that may be made during the course of today’s call. Our full disclaimer can be found in this morning’s earnings release, which has been posted to the Investor Relations page on our website provident.bank.

Now, I am pleased to introduce Chris Martin who will offer his perspective on the fourth quarter. Chris?

Chris Martin

Thanks, Len, and good morning, everyone. Provident’s record quarterly and annual results continue to reflect the successful implementation of our strategic objectives. Earnings for the quarter were $35.8 million or $0.55 per share versus a $0.30 per share for the quarter ended December 31, 2017.

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