Provident Bancorp, Inc. (PVBC)
$
11.48
+0.02 (0.17%)
Key metrics
Financial statements
Free cash flow per share
0.4136
Market cap
203.2 Million
Price to sales ratio
2.6376
Debt to equity
0.0414
Current ratio
0
Income quality
0.9576
Average inventory
0
ROE
0.0320
Technology
Technology – consumer electronics
Largecap
With a market cap of 121,78 bil stock is ranked 1
Low risk
ISS score of this stock is ranked 1
Company description
Profile
Provident Bancorp, Inc. functions as the bank holding entity for The Provident Bank, delivering a range of financial services to individuals and small enterprises across the United States. The financial data pertains to the fiscal year 2024. The company recorded an operating income of $15,952,000.00 reflecting its earnings from core operations, while incurring an income tax expense of $2,110,000.00 which indicates its tax obligations. Operating expenses amount to $39,448,000.00 encompassing various operational costs incurred. Moreover, the weighted average number of diluted shares outstanding is 16,782,893.00 reflecting potential dilution effects. Provident Bancorp offers a variety of account options, including checking, savings, money market, term certificates, and certificates of deposit. Additionally, it provides various loan products such as commercial real estate, multi-family residential real estate, construction and land development loans, and home equity lines of credit, along with a focus on investing in securities and state and municipal bonds. As of December 31, 2021, it operated through a main office and six branches in Massachusetts and New Hampshire, as well as two loan production offices in Boston, Massachusetts, and Ponte Vedra, Florida. Founded in 1828 and headquartered in Amesbury, Massachusetts, Provident Bancorp is a long-established player in the banking sector. The stock is affordable at $11.33 suitable for budget-conscious investors. With a market capitalization of $203,540,400.00 the company is classified as a small-cap player, contributing significantly to the overall market landscape. It is a key player in the Banks - Regional industry, driving innovation and growth, despite having a low average trading volume of 24,865.00 indicating lower market activity. Belonging to the Financial Services sector, Provident Bancorp is positioned to continue its efforts in serving its community while being responsive to market dynamics and the needs of its clients. The strategic growth and operational focus of the company underscore its commitment to providing quality financial services.
What is Provident Bancorp, Inc. (PVBC)'s stock forecast?
Analysts predict Provident Bancorp, Inc. stock to fluctuate between $7.36 (low) and $12.96 (high) in the next 365 days, reflecting market expectations and potential volatility.
What is Provident Bancorp, Inc.'s market capitalization?
As of 2025-04-01, Provident Bancorp, Inc.'s market cap is $203,540,400, based on 17,730,000 outstanding shares.
How does Provident Bancorp, Inc. compare to competitors like JPMorgan Chase & Co.?
Compared to JPMorgan Chase & Co., Provident Bancorp, Inc. has a Lower Market-Cap, indicating a difference in performance.
How can I buy Provident Bancorp, Inc. (PVBC) stock?
To buy Provident Bancorp, Inc. (PVBC) stock: Open a brokerage account (e.g., Robinhood, TD Ameritrade, E-Trade). Search for PVBC. Place an order (Market, Limit, etc.).
What is the best time to invest in Provident Bancorp, Inc.?
The best time to invest depends on market trends and technical indicators, which show a Bullish trend based on economic conditions and company performance.
How did Provident Bancorp, Inc. perform in the last earnings report?
Revenue: $55,400,000 | EPS: $0.43 | Growth: -34.85%.
Where can I find Provident Bancorp, Inc.'s investor relations reports?
Visit https://www.bankprov.com/investor-relations for detailed financial reports.
Where can I find historical stock prices for Provident Bancorp, Inc.?
You can explore historical data from here
What is the all-time high and low for Provident Bancorp, Inc. stock?
All-time high: $20.14 (2021-11-16) | All-time low: $5.76 (2023-05-04).
What are the key trends affecting Provident Bancorp, Inc. stock?
Key trends include market demand, economic conditions, interest rates, and industry competition, which influence the stock's performance.
News
zacks.com
Provident Bancorp (PVBC) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
prnewswire.com
AMESBURY, Mass. , Jan. 23, 2025 /PRNewswire/ -- Provident Bancorp, Inc. (the "Company") (NasdaqCM: PVBC), the holding company for BankProv (the "Bank"), reported net income for the quarter ended December 31, 2024 of $4.9 million, or $0.29 per diluted share, compared to net income of $716,000, or $0.04 per diluted share, for the quarter ended September 30, 2024, and net income of $2.9 million, or $0.18 per diluted share, for the quarter ended December 31, 2023.
prnewswire.com
AMESBURY, Mass. , Dec. 2, 2024 /PRNewswire/ -- Provident Bancorp, Inc. (the "Company") (Nasdaq:PVBC), the holding company for BankProv (the "Bank"), today announced that its Board of Directors has adopted a new stock repurchase program.
prnewswire.com
AMESBURY, Mass. , Oct. 24, 2024 /PRNewswire/ -- Provident Bancorp, Inc. (the "Company") (NasdaqCM: PVBC), the holding company for BankProv (the "Bank"), reported net income for the quarter ended September 30, 2024 of $716,000, or $0.04 per diluted share, compared to a net loss of $3.3 million, or $0.20 per diluted share, for the quarter ended June 30, 2024, and net income of $2.5 million, or $0.15 per diluted share, for the quarter ended September 30, 2023.
prnewswire.com
AMESBURY, Mass. , Aug. 14, 2024 /PRNewswire/ -- BankProv—widely recognized in the commercial banking sector for its devotion to empowering local businesses and its expertise in delivering innovative banking services—is proud to announce that Joel Gianninoto, Vice President, Team Leader Business Banking, has been honored as New Hampshire Banker of the Year by Bay Colony Development Corp. This prestigious recognition celebrates Joel's outstanding contributions to the banking industry and his dedication to fostering business growth in New Hampshire.
prnewswire.com
AMESBURY, Mass. , July 29, 2024 /PRNewswire/ -- Provident Bancorp, Inc. (the "Company") (NasdaqCM: PVBC), the holding company for BankProv (the "Bank"), reported a net loss for the quarter ended June 30, 2024 of $3.3 million, or a loss of $0.20 per diluted share, compared to net income of $5.0 million, or $0.30 per diluted share, for the quarter ended March 31, 2024, and net income of $3.5 million, or $0.21 per diluted share, for the quarter ended June 30, 2023.
zacks.com
Does Provident Bancorp (PVBC) have what it takes to be a top stock pick for momentum investors? Let's find out.
prnewswire.com
AMESBURY, Mass. , May 7, 2024 /PRNewswire/ -- Provident Bancorp, Inc. (NASDAQ: PVBC) (the "Company"), the holding company for BankProv (the "Bank"), announced today the appointment of Kenneth Fisher as Executive Vice President and Chief Financial Officer of both the Company and the Bank.
prnewswire.com
AMESBURY, Mass. , April 25, 2024 /PRNewswire/ -- Provident Bancorp, Inc. (the "Company") (NasdaqCM: PVBC), the holding company for BankProv (the "Bank"), reported net income for the quarter ended March 31, 2024 of $5.0 million, or $0.30 per diluted share, compared to $2.9 million, or $0.18 per diluted share, for the quarter ended December 31,2023 and $2.1 million, or $0.13 per diluted share, for the quarter ended March 31, 2023.
prnewswire.com
AMESBURY, Mass. , Feb. 16, 2024 /PRNewswire/ -- Provident Bancorp, Inc. (NASDAQ: PVBC), is pleased to announce the appointment of Julienne Cassarino to its Board of Directors, as well as the Board of Directors of its operating subsidiary, BankProv, a future-ready commercial bank that offers technology-driven banking solutions to its clients.
See all news
