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): April 26, 2006
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PROVIDENT FINANCIAL SERVICES, INC.
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(Exact Name of Registrant as Specified in its Charter)
Delaware 001-31566 42-1547151
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(State or Other Jurisdiction) (Commission File No.) (I.R.S. Employer
of Incorporation) Identification No.)
830 Bergen Avenue, Jersey City, New Jersey 07306-4599
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(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code: (201) 333-1000
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Not Applicable
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(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 2.02 Results of Operation and Financial Condition.
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On April 26, 2006, Provident Financial Services, Inc. (the "Company")
issued a press release reporting its financial results for the three months
ended March 31, 2006. A copy of the press release 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 7.01 Regulation FD Disclosure.
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On April 26, 2006, the Company announced that its Board of Directors
declared a $0.10 per share cash dividend, payable on May 31, 2006 to
stockholders of record on May 15, 2006, which represents an increase of 11.1%
from the prior quarter's cash dividend. In addition, the Board of Directors
authorized the Company's fourth stock repurchase program to commence upon
completion of the Company's current repurchase program, under which 1.1 million
shares remain to be purchased. The new stock repurchase program authorizes the
repurchase of 5% of the current outstanding shares of common stock, par value
$0.01 per share, or approximately 3.4 million shares.
These announcements were included as part of the press release announcing
financial results for the quarter ended March 31, 2006 issued by the Company on
April 26, 2006 and attached as Exhibit 99.1 to this report. A copy of the press
release is being furnished to the SEC and shall not be deemed "filed" for any
purpose.
Item 9.01. Financial Statements and Exhibits
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(a) Financial Statements of Businesses Acquired. Not applicable.
(b) Pro Forma Financial Information. Not applicable.
(c) Shell Company Transactions. Not applicable.
(d) Exhibits.
Exhibit No. Description
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99.1 Press release issued by the Company on April 26,
2006 announcing its financial results for the
three months ended March 31, 2006, the
declaration of a quarterly cash dividend and the
authorization of a stock repurchase program.
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: April 26, 2006 By: /s/ Paul M. Pantozzi
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Paul M. Pantozzi
Chairman and Chief Executive Officer
EXHIBIT INDEX
Exhibit Description
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99.1 Press release issued by the Company on April 26, 2006 announcing
its financial results for the three months ended March 31, 2006,
the declaration of a quarterly cash dividend and the
authorization of a stock repurchase program.