ISELIN, NEW JERSEY, Dec. 14, 2021 (GLOBE NEWSWIRE) — Provident Bank, a leading New Jersey-based financial institution has announced that Robert Tharp has joined the Bank as First Vice President, Retail Sales & Services Director.
Mr. Tharp is based in the bank’s Iselin, N.J. administrative headquarters and is responsible for developing and managing the execution of the overall retail sales and services strategy and business development plans. In addition, he is responsible for the programming and the structuring of Small Business Lending, Government Banking, Corporate Development, and Provident Investment Services.
“I am pleased to welcome Robert to our retail banking leadership team and look forward to working with him,” said Vito Giannola, Executive Vice President, Chief Retail Banking Officer. “His exceptional knowledge and extensive experience will contribute to Provident’s growth strategy and will assist with achieving our goal of delivering best-in-class financial services to our customers,” added Mr. Giannola.
Mr. Tharp has more than 35 years’ experience in retail banking and sales management. Prior to joining Provident, he served as a Senior Manager of the TD Bank Partnership at TD Ameritrade. In addition, Mr. Tharp has held senior leadership positions with TD Bank, TD Banknorth, and as Director of Retail Sales with Hudson United Bank.
About Provident Bank
Provident Bank, a community-oriented financial institution offering “Commitment you can count on” since 1839, is the wholly owned subsidiary of Provident Financial Services, Inc. (NYSE:PFS), which reported assets of $13.39 billion as of September 30, 2021. With $10.84 billion in deposits, Provident Bank provides a comprehensive suite of financial products and services through its network of branches throughout northern and central New Jersey, as well as Bucks, Lehigh and Northampton counties in Pennsylvania and Queens County in New York. The Bank also provides fiduciary and wealth management services through its wholly owned subsidiary, Beacon Trust Company and insurance services through its wholly owned subsidiary, SB One Insurance Agency, Inc. For more information about Provident Bank, visit www.provident.bank or join the conversations on Facebook (ProvidentBank) and Twitter (@ProvidentBank).
Attachment
Robert Tharp
Investors in Nvidia (NASDAQ: NVDA) stock just can't seem to catch a break. The reason: Once again, it seems Wall Street is simply finding cheaper ways to play the global semiconductor shortage than by buying Nvidia stock. This growth rate was nearly twice the 6% growth Citi had previously forecast, reports TheFly.com. The problem is, in interpreting this data, Citi chose to speak highly of its potential to lift earnings at Advanced Micro Devices and Intel — enabling both those chip companies to beat expectations in the fourth quarter.
Shares of cloud software companies Datadog (NASDAQ: DDOG), Zscaler (NASDAQ: ZS), and Cloudflare (NYSE: NET) were falling on Tuesday in another rough day for tech stocks. In a wide-ranging note at the bank, J.P. Morgan software analyst Sterling Auty made new calls across the sector.
Investors are being reminded of several risk factors that need to be considered with this investment.
Making progress in its push to facilitate the transition to a hydrogen economy, Plug Power (NASDAQ: PLUG) announced its entrance into a long-term supply and logistics agreement today. Investors, however, aren't impressed, considering details of the partnership are rather scant. As of 12:14 p.m. ET, shares of Plug Power are down 6.2%. While Plug Power initially made its hay by providing fuel cell systems, the company has articulated a long-term vision of diversifying its business by producing green hydrogen.
A shift from the internal combustion engine to electric vehicles is undisputed. QuantumScape (NYSE: QS) is working on the next-generation batteries that could step up the ongoing shift to electric vehicles. QuantumScape's product is still in the development stage. As an early-stage company, QuantumScape's stock price is volatile.
Our call of the day from Stifel sees the Fed working toward a bubble of the century. Here's what happened before.
Supreme Court won’t block N.Y. healthcare vaccine mandate, Apple is poised to become first $3 trillion company, MGM Resorts to sell Mirage hotel to Hard Rock, and other news to start your day.
Bitcoin (BTC) and other cryptocurrencies are holding steady ahead of tomorrow's U.S. Federal Reserve announcement. There is currently a flight to safety in crypto markets as altcoins underperform.
Shares of customer relationship management software company Salesforce.com (NYSE: CRM) fell sharply on Tuesday. The tech-heavy Nasdaq Composite is down more than 2% as of this writing. Salesforce's decline comes not long after the company reported strong fiscal third-quarter results but provided mixed guidance for its fourth quarter of fiscal 2022.
Shares of Roku (NASDAQ: ROKU), Snowflake (NYSE: SNOW), and DraftKings (NASDAQ: DKNG) were all trading more than 6% lower at points on Monday, December 13, before slightly recovering. First, they are all very high-multiple growth stocks. It appears traders are fearful of this week's Federal Reserve meeting in which officials may decide to speed up the pace of financial tightening, which could harm these types of stocks, both financially and in terms of valuations. Federal Reserve officials will meet over Tuesday and Wednesday, and will likely discuss a faster tapering of their bond purchases, reflecting comments from Federal Reserve Chair Jerome Powell earlier this month.
In this article, we discuss the 13 uranium stocks popular on Reddit. If you want to skip our detailed analysis of these stocks, go directly to the 5 Uranium Stocks Popular on Reddit. Interest in the use of uranium as an alternative to oil and natural gas in the generation of power, especially in the […]Investing in emerging technologies could provide investors with excellent returns over the long run.
In this article, we discuss the 10 Best Jim Cramer Stocks to Watch in December. If you want to skip our detailed analysis of these stocks, go directly to 5 Best Jim Cramer Stocks to Watch in December. CNBC’s Mad Money host Jim Cramer is one of the most followed financial experts in the market today. […]The company is only on its third day of trading on the public markets and is experiencing volatility.
This CEO is betting big on Bitcoin. But he's not alone.
Yahoo Finance's Jared Blikre breaks down the notable stock dips as markets prepare to react to the Fed's course of action following their December 15 meeting.
(Bloomberg) — Microsoft Corp. fell on Tuesday, with the software company leading a decline among megacap internet and technology stocks.Most Read from BloombergZero Taxes, Golf and Beach Houses Create a Crypto Island ParadiseCan Indoor Farms Reach Skyscraper Height?China Is Building the World’s Largest National Park SystemBoris Johnson’s Furious MPs Worry That His Next Misstep Could Be FatalThe shares fell 3.3% in their biggest one-day percentage loss since September. The day’s drop erased more
Shares of Chinese electric car manufacturer Nio (NYSE: NIO) crashed 4% in very early trading this morning before beginning to bounce around, first higher, then lower again. A confluence of negative macroeconomic news headlines out of China may be weighing on Nio shares. First and foremost, of course, is the worry that the United States Securities and Exchange Commission (SEC) may begin delisting Chinese shares because of China's failure to permit its companies to subject themselves to audit inspection by the U.S. Public Company Accounting Oversight Board. On top of that worry, though, last week Chinese property giant China Evergrande Group finally and officially placed itself in default when it missed a final deadline to pay interest due on about $1.2 billion worth of international loans.
In this article, we discuss the 10 stocks that billionaire David Tepper is loading up on. If you want to skip our comprehensive analysis of David Tepper’s history, investment philosophy, and hedge fund performance, go directly to Billionaire David Tepper is Loading Up on These 5 Stocks. David Tepper is an American billionaire who is […]Microsoft's (NASDAQ: MSFT) stock price has risen more than 450% over the past five years. Between fiscal 2011 and 2016, Microsoft's annual revenue grew at a compound annual growth rate (CAGR) of just 4.1%. The architect of that growth spurt was Satya Nadella, who succeeded Steve Ballmer as Microsoft's third CEO in 2014. Under Nadella, Microsoft's annualized commercial cloud revenue rose from $12.1 billion (14% of its revenue) in fiscal 2016 to $69 billion (41% of revenue) in fiscal 2021.