Riverwater Partners released its Q3 2025 investor letter for the Small Cap Strategy, showing solid results but lagging benchmark performance. The strategy focuses on higher-quality companies, while the market favors lower-quality ones. Top holdings include Provident Financial Services, Inc. with a one-month return of 16.88%.

Provident Financial Services, Inc. (NYSE:PFS) is a bank holding company with a market capitalization of $2.75 billion. The company offers traditional banking, wealth management, and insurance services through its network of branches. It now manages roughly $25 billion in assets following the acquisition of Lakeland Bancorp in 2024.

Riverwater Partners highlighted Provident Financial Services, Inc. (NYSE:PFS) in its Q3 2025 investor letter, emphasizing the company’s growth and services. Although not among the 30 most popular stocks among hedge funds, Provident Financial Services, Inc. shows potential as an investment. The company’s transformative acquisition has increased its scale and market share.

Read more at Yahoo Finance.: Do You Believe in Provident Financial Services’ (PFS) Upward Valuation Potential?