form8k_111512.htm

0000943374-12-000618.txt : 20121115 0000943374-12-000618.hdr.sgml : 20121115 20121115170420 ACCESSION NUMBER: 0000943374-12-000618 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20121115 ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20121115 DATE AS OF CHANGE: 20121115 FILER: COMPANY DATA: COMPANY CONFORMED NAME: PROVIDENT FINANCIAL SERVICES INC CENTRAL INDEX KEY: 0001178970 STANDARD INDUSTRIAL CLASSIFICATION: SAVINGS INSTITUTION, FEDERALLY CHARTERED [6035] IRS NUMBER: 421547151 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-31566 FILM NUMBER: 121209426 BUSINESS ADDRESS: STREET 1: 830 BERGEN AVENUE CITY: JERSEY CITY STATE: NJ ZIP: 07306 BUSINESS PHONE: 2013331000 8-K 1 form8k_111512.htm FORM 8-K form8k_111512.htm

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d) OF

THE SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported): November 15, 2012

PROVIDENT FINANCIAL SERVICES, INC.

(Exact Name of Registrant as Specified in its Charter)

Delaware		001-31566		42-1547151
(State or Other Jurisdiction of Incorporation)		(Commission File No.)		(I.R.S. Employer Identification No.)

239 Washington Street, Jersey City, New Jersey		07302
(Address of Principal Executive Offices)		(Zip Code)

Registrant’s telephone number, including area code: (732) 590-9200

Not Applicable

(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

[ ]	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

[ ]	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

[ ]	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

[ ]	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 7. 01 Regulation FD Disclosure.

The Company announced that its Board of Directors declared a special cash dividend of $0.20 per share, payable on December 21, 2012 to stockholders of record on December 7, 2012. A press release dated November 15, 2012 announcing the special cash dividend is attached as Exhibit 99.1 to this report and is being furnished to the SEC and shall not be deemed “filed” for any purpose.

Item 9.01. Financial Statements and Exhibits

(a)		Financial statements of businesses acquired. Not Applicable.

(b)		Pro forma financial information. Not Applicable.

(c)		Shell company transactions: Not Applicable.

(d)		Exhibits.

		The following Exhibit is attached as part of this report:

Exhibit No.		Description

99.1		Press release issued by the Company on November 15, 2012 announcing the declaration of a special cash dividend.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized.

		PROVIDENT FINANCIAL SERVICES, INC.
DATE: November 15, 2012	By:	/s/ Christopher Martin
		Christopher Martin,
		Chairman, President and
		Chief Executive Officer

EXHIBIT INDEX

Exhibit No.		Description

99.1		Press release issued by the Company on November 15, 2012 announcing the declaration of a special cash dividend.

EX-99.1 2 form8kexh_111512.htm FORM 8-K EXHIBIT form8kexh_111512.htm

Provident Financial Services, Inc. Announces Special Cash Dividend

JERSEY CITY, NJ, November 15, 2012 - Provident Financial Services, Inc. (NYSE:PFS) (the “Company”) announced today that its Board of Directors approved a special cash dividend of $0.20 per common share payable on December 21, 2012, to stockholders of record as of the close of business on December 7, 2012. “Given our strong capital levels, and the likelihood of a change in the tax rates on dividends beginning next year, we believe it is timely to pay a special dividend to our stockholders before the end of 2012,” said Christopher Martin, Chairman, President and Chief Executive Officer. “This special dividend is consistent with our sound capital management policies and our on-going commitment to provide a meaningful return to our stockholders. Following this special dividend our capital ratios will remain strong, and with projected earnings adding to capital, we will continue to prudently grow our loan portfolio, buyback our stock when it makes economic sense, and pursue accretive acquisitions.”

About the Company

Provident Financial Services, Inc. is the holding company for The Provident Bank, a community-oriented bank offering a full range of retail and commercial loan and deposit products via its network of full service branches throughout northern and central New Jersey. A complete array of trust, fiduciary and wealth management services are available through the Bank’s wholly owned subsidiary, Beacon Trust Company.

Forward Looking Statements

Certain statements contained herein are “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such forward-looking statements may be identified by reference to a future period or periods, or by the use of forward-looking terminology, such as “may,” “will,” “believe,” “expect,” “estimate,” “anticipate,” “continue,” or similar terms or variations on those terms, or the negative of those terms. Forward-looking statements are subject to numerous risks and uncertainties, including, but not limited to, those related to the economic environment, particularly in the market areas in which the Company operates, competitive products and pricing, fiscal and monetary policies of the U.S. Government, changes in government regulations affecting financial institutions, including regulatory fees and capital requirements, changes in prevailing interest rates, acquisitions and the integration of acquired businesses, credit risk management, asset-liability management, the financial and securities markets and the availability of and costs associated with sources of liquidity.

The Company cautions readers not to place undue reliance on any such forward-looking statements which speak only as of the date made. The Company advises readers that the factors listed above could affect the Company's financial performance and could cause the Company's actual results for future periods to differ materially from any opinions or statements expressed with respect to future periods in any current statements. The Company does not undertake and specifically declines any obligation to publicly release the result of any revisions which may be made to any forward-looking statements to reflect events or circumstances after the date of such statements or to reflect the occurrence of anticipated or unanticipated events.

SOURCE: Provident Financial Services, Inc.

CONTACT: Investor Relations, Provident Financial Services, Inc., 1-732-590-9300

Web Site: http://www.providentnj.com