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Provident Financial completes merger with Lakeland Bancorp

PUBLIC · PROVMay 21, 2026

Acquiring Company

Provident Financial Holdings

Acquired Company

Lakeland Bancorp

RiversideOak RidgeFinancial ServicesReal EstateFinanceFintechLendingBankingFinancial ServicesLendingBanking

Description

Provident Financial has successfully completed its all-stock merger with Lakeland Bancorp, resulting in the formation of a larger regional bank focused on the New Jersey market. This merger aims to strengthen their position amidst the ongoing scrutiny of US lenders. Investors are reacting positively to the renewed attention on Provident Financial following this strategic move.

Quick answer

Provident Financial Holdings is acquiring Lakeland Bancorp, announced May 21, 2026. Provident Financial Holdings is based in Riverside, California, United States.

How much did Provident Financial Holdings pay for Lakeland Bancorp?
The deal value was not disclosed.
What does Provident Financial Holdings do?
With over $1.3 billion in total assets and 13 retail banking centers, Provident is the largest independent community bank headquartered in Riverside County, California , and has been serving the financial needs of its..
Where are Provident Financial Holdings and Lakeland Bancorp based?
Provident Financial Holdings is based in Riverside, California, United States. Lakeland Bancorp is based in Oak Ridge, New Jersey, United States.
Who are the decision-makers at Provident Financial Holdings?
Fundz holds 1 contact at Provident Financial Holdings. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Provident Financial Holdings

Location

3756 Central Ave

Riverside, California, United States

About

With over $1.3 billion in total assets and 13 retail banking centers, Provident is the largest independent community bank headquartered in Riverside County, California , and has been serving the financial needs of its community since 1956. Provident’s community banking operations primarily consist of accepting deposits from customers and businesses within the communities surrounding its full-service offices and investing those funds in single-family, multi-family, commercial real estate, construction, commercial business, consumer, and other loans.

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Frequently asked

Who acquired Lakeland Bancorp?

Lakeland Bancorp was acquired by Provident Financial Holdings, based in Riverside. The deal was reported on May 21, 2026. Provident Financial Holdings is publicly traded (PROV) and operates in Financial Services.

When did Provident Financial Holdings acquire Lakeland Bancorp?

Provident Financial Holdings's acquisition of Lakeland Bancorp was reported on May 21, 2026. Provident Financial has successfully completed its all-stock merger with Lakeland Bancorp, resulting in the formation of a larger regional bank focused on the New Jersey market. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Lakeland Bancorp do?

Lakeland Bank is the wholly-owned subsidiary of Lakeland Bancorp, Inc., which had $11.14 billion in total assets at December 31, 2023. With an extensive branch network and commercial lending centers. It is privately held, operating in Financial Services, and is based in Oak Ridge.

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