Listen to this articleA lot has happened at Provident Bank over the past several years. In 2020, Provident acquired SB One Bank, making it the state’s third-largest bank and bringing on board Anthony Labozzetta, its current CEO. Last year, Iselin-based Provident added Lakeland Bank in a $1.3 billion deal, further expanding its reach and making it an even greater regional powerhouse.
Today, the bank that started with one office in Jersey City 185 years ago is a prominent financial services institution with a market capitalization of more than $2.4 billion and about 1,800 employees. Labozzetta now leads a bank with offices in three states, but which strives to maintain the relationships that helped build it over the years.
In this edition of NJBIZ Conversations, the CEO talks about what the bank has become and how it continues to serve its communities even as it grows. Labozzetta also offers insights on the national and regional economies and the banking industry in general.
Watch the interview below:
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