Provident Financial prices USD 175 million subordinated notes offering

• Provident Financial Services priced a USD 175 million offering of 6.5% Fixed-to-Floating Rate Subordinated Notes due 2036.
• Proceeds earmarked to repay USD 150 million of 2.875% Fixed-to-Floating Rate Subordinated Notes due 2031.
• Funds also slated to repay USD 20 million of variable rate Junior Subordinated Notes due 2033.
• Settlement expected around Aug. 24, 2026, subject to customary closing conditions.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Provident Financial Services Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202608201644PRIMZONEFULLFEED9813887) on August 20, 2026, and is solely responsible for the information contained therein.