Provident Financial Services Inc (NYSE:PFS)
$ 21.79 2.75 (14.44%) Market Cap: 2.84 Bil Enterprise Value: 5.23 Bil PE Ratio: 20.95 PB Ratio: 1.08 GF Score: 79/100

Lakeland Bancorp Inc and Provident Financial Services Inc to Combine to Create New Jersey's Premier Super-Community Banking Franchise Call Transcript

Sep 27, 2022 / 12:30PM GMT
Release Date Price: $20.27 (-12.48%)
Operator

Hello, and welcome to today's Provident Financial and Lakeland Bancorp merger announcement. My name is Bailey, and I'll be your moderator for today's call.

(Operator Instructions) I'd now like to pass the conference over to Ben MacDougall, Deputy General Counsel of Provident Financial Services. Please go ahead when you're ready.

Bennett MacDougall
Provident Financial Services, Inc. - Senior VP & Deputy General Counsel

Thank you, Bailey. Good morning, and welcome.

Earlier today, we issued a joint press release announcing the merger of Provident Financial Services and Lakeland Bancorp. In addition, we filed an investor presentation deck on Form 8-K describing the transaction, which we will refer to throughout this morning's discussion. Lakeland also filed its own Form 8-K.

Today's presenters are Provident's President and CEO, Tony Labozzetta, its Senior Executive Vice President and Chief Financial Officer, Tom Lyons; and Lakeland's President and CEO, Tom Shara. Also participating on the call is Provident's Executive Chairman,

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