Provident Bancorp, Inc.

PVBC

US74383L1052

Banks

Market Closed - Nasdaq Other stock markets 01:30:00 08/06/2024 am IST			5-day change	1st Jan Change
9.98 ^USD	-2.06%		+4.72%	-0.89%

09/05	Tranche Update on Provident Bancorp, Inc.'s Equity Buyback Plan announced on March 12, 2021.	CI
07/05	Provident Bancorp, Inc. and BankProv Appoints Kenneth Fisher as Chief Financial Officer	CI

Provident Bancorp, Inc. Reports Earnings Results for the Full Year Ended December 31, 2022

January 27, 2023 at 07:00 pm IST

Provident Bancorp, Inc. reported earnings results for the full year ended December 31, 2022. For the full year, the company reported net interest income was USD 75.03 million compared to USD 61.43 million a year ago. Net loss was USD 21.47 million compared to net income of USD 16.14 million a year ago.

Basic loss per share from continuing operations was USD 1.3 compared to basic earnings per share from continuing operations of USD 0.96 a year ago. Diluted loss per share from continuing operations was USD 1.3 compared to diluted earnings per share from continuing operations of USD 0.93 a year ago.

Latest news about Provident Bancorp, Inc.

Tranche Update on Provident Bancorp, Inc.'s Equity Buyback Plan announced on March 12, 2021.	10/05	CI
Provident Bancorp, Inc. and BankProv Appoints Kenneth Fisher as Chief Financial Officer	08/05	CI
Provident Bancorp, Inc. and BankProv Appoints Kenneth Fisher as Executive Vice President	08/05	CI
Earnings Flash (PVBC) PROVIDENT BANCORP Reports Q1 EPS $0.30	26/04	MT
Provident Bancorp, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2024	26/04	CI
Provident Bancorp, Inc. Reports Net Charge-Offs for the First Quarter Ended March 31, 2024	26/04	CI
Tranche Update on Provident Bancorp, Inc.'s Equity Buyback Plan announced on March 12, 2021.	29/03	CI
Provident Bancorp, Inc. and BankProv Appoints Kenneth R. Fisher as Acting Chief Financial Officer	29/03	CI
Provident Bancorp, Inc. and BankPro Appoints Julienne Cassarino to the Board of Directors	17/02	CI
Provident Bancorp, Inc., and BankProv Announce Carol L. Houle, Chief Financial Officer Enters into A Separation and Release Agreement	10/02	CI
Provident Bancorp, Inc., and Bankprov Announces Carol L. Houle, Co-Chief Executive Officer Enters into Separation and Release Agreement	10/02	CI
Provident Bancorp, Inc., and BankProv Announce Carol L. Houle, Co-President Enters into A Separation and Release Agreement	10/02	CI
Provident Bancorp, Inc. and BankProv Appoint Dennis Pollack to Board of Directors	27/01	CI
North American Morning Briefing : Intel Drags Down -2-	26/01	DJ
Earnings Flash (PVBC) PROVIDENT BANCORP Posts Q4 EPS $0.18	26/01	MT
Provident Bancorp, Inc. Reports Earnings Results for the Full Year Ended December 31, 2023	26/01	CI
Provident Bancorp, Inc. Reports Earnings Results for the Fourth Quarter Ended December 31, 2023	26/01	CI
Tranche Update on Provident Bancorp, Inc.'s Equity Buyback Plan announced on March 12, 2021.	13/11	CI
Stilwell Group Enters into Standstill Agreement with Provident Bancorp	01/23/01	CI
Dennis Pollack Joins the Boards of Directors of Provident Bancorp, Inc. and BankProv	01/23/01	CI
Earnings Flash (PVBC) PROVIDENT BANCORP Reports Q3 EPS $0.15	27/23/27	MT
Provident Bancorp, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	27/23/27	CI
North American Morning Briefing : Hopes A Mild -2-	12/23/12	DJ
Tranche Update on Provident Bancorp, Inc.'s Equity Buyback Plan announced on March 12, 2021.	10/23/10	CI
Provident Bancorp, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023	28/23/28	CI

Chart Provident Bancorp, Inc.

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Company Profile

Provident Bancorp, Inc. is the holding company for BankProv (the Bank). The Bank is a commercial bank that offers a comprehensive suite of banking products for corporate clients. The Bank is a banking-as-a-service provider specializing in technology-driven banking solutions. The Bank's commercial lending products include term loans and revolving lines of credit, which are made with either variable or fixed rates of interest. The Bank makes commercial business loans in its market area to a variety of small- and medium- sized businesses, including professional and nonprofit organizations, and, to a lesser extent, sole proprietorships. It serves various industries including renewable energy, fintech and enterprise value lending. The Bank operates from its main office and two branch offices in the Northeastern Massachusetts area, three branch offices in Southeastern New Hampshire and one branch located in Bedford, New Hampshire. It also has a loan production office in Ponte Vedra, Florida.

Sector

Banks

Calendar

25/07/2024 - Q2 2024 Earnings Release (Projected)

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Ratings for Provident Bancorp, Inc.

Trading Rating

Investor Rating

ESG Refinitiv

C-

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Analysts' Consensus

Sell

Buy

Mean consensus

HOLD

Number of Analysts

Last Close Price

9.98 USD

Average target price

11 USD

Spread / Average Target

+10.22%

Consensus

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Quarterly earnings - Rate of surprise

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