Provident Financial Holdings

Provident Financial Holdings, Inc. engages in the provision of financial services. Its services include checking, savings, investment services, mobile banking, online banking, merchant services, cyber security tips, and loan programs and application. The company was founded in January 1996 and is headquartered in Riverside, CA.

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Earnings data Q1 2025

Earnings data Q2 2025

Provident Financial Holdings reports stable performance amidst asset challenges

Provident Financial Holdings maintained stability in net interest margin and operating expenses.
The company faces challenges with nonperforming assets and loan portfolio decreases.
Opportunities lie in improving asset quality, growing loan originations, and capital management.
Investor engagement remains a priority with detailed financial insights available.

Provident Financial Holdings reports improved margins amidst market challenges

Provident Financial Holdings navigated challenges in the real estate market, focusing on improving credit quality and cost efficiencies. The company aims to capitalize on consumer demand for adjustable rate mortgages and maintain disciplined loan portfolio growth.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Provident Financial Holdings, Inc. engages in the provision of financial services. Its services include checking, savings, investment services, mobile banking, online banking, merchant services, cyber security tips, loan programs, and applications. The company was founded in January 1996 and is headquartered in Riverside, CA.

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Is Provident Financial (PROV) a Great Value Stock Right Now?

RIVERSIDE, Calif., Dec. 01, 2023 (GLOBE NEWSWIRE) -- Provident Financial Holdings, Inc. (“Company” or “Provident”), NASDAQ GS: PROV, the holding company for Provident Savings Bank, F.S.B.

Provident Financial Holdings Announces CFO Succession

Citizens Community Bancorp

First Savings Financial Group

Zacks Savings and Loan industry players like CZWI, FSFG and PROV are poised to tide through a potential recession and waning loan demand on digital ramp-ups and higher NII.

3 Top-Rated Savings & Loan Stocks to Buy Amid High Rates

Provident Financial Holdings, Inc. (NASDAQ:PROV ) Q1 2024 Earnings Conference Call October 26, 2023 12:00 PM ET Company Participants Craig Blunden – Chairman and Chief Executive Officer Donavon Ternes – President, Chief Operating and Chief Financial Officer Conference Call Participants Tim Coffey – Janney Andrew Liesch – Piper Sandler Operator Ladies and gentlemen, thank you for standing by, and welcome to the Provident Financial Holdings First Quarter Earnings Call. At this time, all participants are in a listen-only mode.

Provident Financial Holdings, Inc. (PROV) Q1 2024 Earnings Call Transcript

RIVERSIDE, Calif., Oct. 25, 2023 (GLOBE NEWSWIRE) -- Provident Financial Holdings, Inc. (“Company” or “Provident”), NASDAQ GS: PROV, the holding company for Provident Savings Bank, F.S.B.

Provident Financial Holdings Announces CEO Succession

The headline numbers for Provident Financial (PROV) give insight into how the company performed in the quarter ended September 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Provident Financial (PROV) Q1 Earnings: How Key Metrics Compare to Wall Street Estimates

Provident Financial (PROV) came out with quarterly earnings of $0.25 per share, missing the Zacks Consensus Estimate of $0.28 per share. This compares to earnings of $0.29 per share a year ago.

Provident Financial (PROV) Q1 Earnings and Revenues Lag Estimates

Net Income of $1.76 Million in the September 2023 Quarter Net Interest Margin Unchanged at 2.88% for the Current and Sequential Quarters Loans Held for Investment of $1.07 Billion at September 30, 2023, Down 1% from June 30, 2023 Total Deposits of $931.1 Million at September 30, 2023, Down 2% from June 30, 2023 Non-Performing Assets to Total Assets Ratio of 0.10% at September 30, 2023 Non-Interest Expenses Remain Well Controlled RIVERSIDE, Calif., Oct. 25, 2023 (GLOBE NEWSWIRE) -- Provident Financial Holdings, Inc. (“Company”), NASDAQ GS: PROV, the holding company for Provident Savings Bank, F.S.B.

Provident Financial Holdings Reports First Quarter Fiscal Year 2024 Results

Provident Financial (PROV) announces a share repurchase program. This buyback plan, along with consistent dividend payouts, is set to enhance shareholder value.

Provident Financial (PROV) Announces Share Buyback Plan

RIVERSIDE, Calif., Sept. 28, 2023 (GLOBE NEWSWIRE) -- Provident Financial Holdings, Inc. (“Company”), NASDAQ GS: PROV, the holding company for Provident Savings Bank, F.S.B.

Provident Financial Holdings Announces New Stock Repurchase Plan

RIVERSIDE, Calif., Sept. 21, 2023 (GLOBE NEWSWIRE) -- Provident Financial Holdings, Inc., NASDAQ GS: PROV, the holding company for Provident Savings Bank, F.S.B. (“Provident Bank”) announced that its Teen Checking account was officially certified by the Cities for Financial Empowerment Fund (“CFE Fund”) as meeting the Bank On National Account Standards (2023 - 2024). The standards, co-created by consumer advocates, leading national nonprofit organizations, civic leaders, and other financial institutions, designate both core and strongly recommended account features that ensure low cost, high functionality, and consumer safety.

Provident Bank Receives National Certification by Consumer Advocates for Safe, Affordable Account

Provident Financial Holdings Inc. (NASDAQ:PROV ) Q4 2023 Earnings Conference Call July 25, 2023 12:00 PM ET Company Participants Craig Blunden - Chairman & CEO Donavon Ternes - President, COO & CFO Conference Call Participants Andrew Liesch - Piper Sandler Operator Ladies and gentlemen, good afternoon. Thank you for standing by, and welcome to the Provident Financial Holdings Fourth Quarter Earnings Conference Call.

Provident Financial Holdings Inc. (PROV) Q4 2023 Earnings Call Transcript

RIVERSIDE, Calif., July 27, 2023 (GLOBE NEWSWIRE) -- Provident Financial Holdings, Inc. (“Company”), NASDAQ GS: PROV, the holding company for Provident Savings Bank, F.S.B., today announced that the Company's Board of Directors declared a quarterly cash dividend of $0.14 per share. Shareholders of the Company's common stock at the close of business on August 17, 2023 will be entitled to receive the cash dividend. The cash dividend will be payable on September 7, 2023.

Provident Financial Holdings Announces Quarterly Cash Dividend

Provident Financial (PROV) came out with quarterly earnings of $0.26 per share, missing the Zacks Consensus Estimate of $0.34 per share. This compares to earnings of $0.34 per share a year ago.

Provident Financial (PROV) Misses Q4 Earnings and Revenue Estimates

Net Income of $1.81 Million in the June 2023 Quarter Net Interest Margin Declined Five Basis Points in Comparison to the Same Quarter Last Year Loans Held for Investment Increased 15% from June 30, 2022 to $1.08 Billion Total Deposits Decreased 1% from June 30, 2022 to $950.6 Million Strong Asset Quality with Non-Performing Assets to Total Assets Ratio of 0.10% RIVERSIDE, Calif., July 26, 2023 (GLOBE NEWSWIRE) -- Provident Financial Holdings, Inc. (“Company”), NASDAQ GS: PROV, the holding company for Provident Savings Bank, F.S.B.

Provident Financial Holdings Reports Fourth Quarter and Fiscal Year 2023 Results

Provident Financial (PROV) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Provident Financial (PROV) to Report Q4 Results: What Awaits?

Provident Financial Holdings Inc. (NASDAQ:PROV ) Q3 2023 Results Conference Call April 27, 2023 12:00 PM ET Company Participants Craig Blunden - Chairman & CEO Donavon Ternes - President, COO, CFO & Corporate Secretary Conference Call Participants Tim Coffey - Janney Operator Ladies and gentlemen, thank you for standing by. Welcome to the Provident Financial Holdings Third Quarter Earnings Call.

Provident Financial Holdings Inc. (PROV) Q3 2023 Earnings Call Transcript

RIVERSIDE, Calif., April 27, 2023 (GLOBE NEWSWIRE) -- Provident Financial Holdings, Inc. (“Company”), NASDAQ GS: PROV, the holding company for Provident Savings Bank, F.S.B., today announced that the Company's Board of Directors authorized an extension of the April 28, 2022 Stock Repurchase Plan (“Plan”) for a period of one year or until completed, whichever occurs first. There are 101,044 shares currently available to be purchased under the Plan. The Corporation will purchase the shares from time to time in the open market or through privately negotiated transactions depending on market conditions, the capital requirements of the Corporation, and available cash that can be allocated to the stock repurchase program, among other considerations.

Provident Financial Holdings Announces Extension of April 2022 Stock Repurchase Plan

Net Income of $2.32 Million in the March 2023 Quarter Net Interest Margin Expanded 39 Basis Points in Comparison  to the Same Quarter Last Year Loans Held for Investment Increased 15% from June 30, 2022 to $1.08 Billion Total Deposits Increased 3% from June 30, 2022 to $983.0 Million Strong Asset Quality with Non-Performing Assets to Total Assets Ratio of 0.07% Non-Interest Expenses Remained Well-Controlled RIVERSIDE, Calif., April 26, 2023 (GLOBE NEWSWIRE) -- Provident Financial Holdings, Inc. (“Company”), NASDAQ GS: PROV, the holding company for Provident Savings Bank, F.S.B.

Provident Financial Holdings Reports Third Quarter Fiscal 2023 Results

Provident Financial Holdings, Inc. (NASDAQ:PROV ) Q2 2023 Earnings Conference Call January 30, 2023 12:00 PM ET Company Participants Craig Blunden - Chairman & CEO Conference Call Participants Operator Ladies and gentlemen, thank you for standing by. Welcome to the Provident Financial Holdings Second Quarter Earnings Conference Call.

Provident Financial Holdings, Inc. (PROV) Q2 2023 Earnings Call Transcript

Net Income of $2.37 Million in the December 2022 Quarter

Provident Financial Holdings Reports Second Quarter of Fiscal 2023 Results

Provident Financial Holdings, Inc. (NASDAQ:PROV ) Q1 2023 Earnings Conference Call October 26, 2022 12:00 PM ET Company Participants Craig Blunden - Chairman & CEO Donavon Ternes - President, Chief Operating & Chief Financial Officer Conference Call Participants Nick Cucharale - Piper Sandler Tim Coffey - Janney Operator Ladies and gentlemen, thank you for standing by, and welcome to the First Quarter Earnings Call. At this time, all participants are in a listen-only mode.

Provident Financial Holdings, Inc. (PROV) Q1 2023 Earnings Call Transcript

Net Income of $2.09 Million in the September 2022 Quarter

Provident Financial Holdings Reports First Quarter of Fiscal 2023 Results

Anglo American Platinum Ltd

Bayer AG

Freyr Battery Inc

Poshmark

NuScale Power Corp

Woodside Energy Group Ltd

In arguably most cases, investors should concentrate the bulk of their portfolio on high-quality names, irrespective of catchy marketing schemes like under-$20 sleeper stocks to buy. Usually, comfort (and confidence) exists in the consensus of the crowd.

7 Under-$20 Sleeper Stocks to Buy Before Wall Street Wakes Up

Provident Financial Holdings, Inc. (NASDAQ:PROV ) Q4 2022 Earnings Conference Call July 27, 2022 ET Company Participants Craig Blunden - Chairman & Chief Executive Officer Donavon Ternes - President, Chief Operating & Chief Financial Officer Conference Call Participants Nick Cucharale - Piper Sandler Tim Coffey - Janney Operator Ladies and gentlemen, thank you for standing by. Welcome to the Provident Financial Holdings Fourth Quarter Earnings Conference Call.

News for Provident Financial Holdings Stock (PROV)