M&A - PROVIDENT FINANCIAL SERVICES INC

Form Type: 10-K

Filing Date: 2025-02-28

Corporate Action: Merger

Type: Update

Accession Number: 000162828025008991

Filing Summary: Provident Financial Services Inc. has provided their annual report detailing their financial performance for the year ending December 31, 2024. The company is undergoing a merger with Lakeland Bancorp Inc., which was formalized in an agreement disclosed in the filing. The document includes comprehensive financial statements, management's discussion and analysis (MD&A) of financial conditions, and results of operations, emphasizing significant impacts from the merger on revenue, expenses, and overall financial health. It also highlights changes in business strategy as a result of the merger, including potential efficiencies and market expansions. Relevant audit results and compliance with SEC regulations are discussed, alongside key performance metrics and future outlook.

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