Provident Financial Services Inc

NYSE:PFSUnited States

May 16, 2024

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• Provident Financial Services Merges With Lakeland Bancorp, from 11:07AM ET on Thursday May 16, 2024 by MT Newswires

  11:07AM ET on Thursday May 16, 2024 by MT Newswires
  Companies Mentioned: LBAI, PFS
  11:07 AM EDT, 05/16/2024 (MT Newswires) -- Provident Financial Services (PFS) said Thursday it has completed its previously announced merger with Lakeland Bancorp (LBAI). Lakeland's unit, Lakeland Bank, has also been merged with and into Provident B...

• Provident Financial Services, Inc. Completes Merger with Lakeland Bancorp, Inc., from 8:00AM ET on Thursday May 16, 2024 by GlobeNewswire

  8:00AM ET on Thursday May 16, 2024 by GlobeNewswire
  Companies Mentioned: PFS

• Provident Financial Services, Inc. Completes Merger with Lakeland Bancorp, Inc., from 8:00AM ET on Thursday May 16, 2024 by Dow Jones

  8:00AM ET on Thursday May 16, 2024 by Dow Jones
  Companies Mentioned: PFS
  
  Additionally, forward-looking statements speak only as of the date they are made; Provident does not assume any duty, and does not undertake, to update such forward-looking statements, whether written or oral, that may be made from time to time, whether as a result of new information, future events or otherwise. Furthermore, because forward-looking statements are subject to assumptions and uncertainties, actual results or future events could differ, possibly materially, from those indicated in such forward-looking statements as a result of a variety of factors, many of which are beyond the control of Provident. Such statements are based upon the current beliefs and expectations of the management of Provident and are subject to significant risks and uncertainties outside of the control of Provident. Caution should be exercised against placing undue reliance on forward-looking statements. The factors that could cause actual results to differ materially include the following: the outcome of any legal proceedings that may be instituted against Provident; the ability of Provident to meet expectations regarding the accounting and tax treatments of the transaction; the possibility that the anticipated benefits of the transaction will not be realized when expected or at all, including as a result of the impact of, or problems arising from, the integration of the two companies or as a result of the strength of the economy and competitive factors in the areas where Provident does business; diversion of management's attention from ongoing business operations and opportunities; the possibility that Provident may be unable to achieve expected synergies and operating efficiencies in the merger within the expected timeframes or at all and to successfully integrate operations of the two companies; such integration may be more difficult, time consuming or costly than expected; revenues following the transaction may be lower than expected; Provident's success in executing its business plans and strategies and managing the risks involved in the foregoing; the dilution caused by Provident's issuance of additional shares of its capital stock in connection with the transaction; effects of the completion of the transaction on the ability of Provident to retain customers and retain and hire key personnel and maintain relationships with their suppliers, and on Provident's operating results and businesses generally; risks related to the potential impact of general economic, political and market factors on Provident and other factors that may affect future results of Provident; uncertainty as to the impacts of natural disasters or health epidemics on Provident; and the other factors discussed in the "Risk Factors" section of each of Provident's and Lakeland's Annual Report on Form 10-K for the year ended December 31, 2023, in the "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" sections of each of Provident's and Lakeland's Quarterly Report on Form 10-Q for the quarter ended March 31, 2024, and other reports Provident files with the Securities and Exchange Commission.
  

• *DJ Provident Financial Services, Inc. Completes Merger With Lakeland Bancorp, Inc. >PFS, from 8:00AM ET on Thursday May 16, 2024 by Dow Jones

  8:00AM ET on Thursday May 16, 2024 by Dow Jones
  Companies Mentioned: LBAI, PFS