Provident Bancorp (NASDAQ:PVBC - Get Free Report) is expected to be releasing its Q2 2025 earnings data before the market opens on Monday, August 4th. Analysts expect Provident Bancorp to post earnings of $0.12 per share and revenue of $15.00 million for the quarter.
Provident Bancorp (NASDAQ:PVBC - Get Free Report) last announced its quarterly earnings data on Thursday, July 24th. The bank reported $0.17 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.12 by $0.05. Provident Bancorp had a return on equity of 4.60% and a net margin of 11.26%. The business had revenue of $15.76 million during the quarter, compared to analysts' expectations of $15.00 million.
Provident Bancorp Stock Down 0.3%
Shares of NASDAQ PVBC traded down $0.04 during midday trading on Thursday, hitting $12.27. 28,270 shares of the company's stock were exchanged, compared to its average volume of 89,400. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.11 and a quick ratio of 1.11. Provident Bancorp has a twelve month low of $9.67 and a twelve month high of $13.02. The company has a market cap of $218.18 million, a PE ratio of 19.45 and a beta of 0.31. The firm's fifty day simple moving average is $12.10 and its 200-day simple moving average is $11.71.
Analyst Ratings Changes
Separately, Stephens cut their target price on Provident Bancorp from $13.00 to $12.50 and set an "equal weight" rating on the stock in a research report on Thursday, May 8th.
Get Our Latest Stock Report on Provident Bancorp
Institutional Inflows and Outflows
A hedge fund recently bought a new stake in Provident Bancorp stock. Strs Ohio bought a new stake in Provident Bancorp, Inc. (NASDAQ:PVBC - Free Report) during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 7,000 shares of the bank's stock, valued at approximately $80,000. Hedge funds and other institutional investors own 74.61% of the company's stock.
About Provident Bancorp
(
Get Free Report)
Provident Bancorp, Inc is a Maryland corporation that was formed in 2019 to be the successor corporation to Provident Bancorp, Inc, a Massachusetts corporation, and the holding company for The Provident Bank. The Provident Bank, a subsidiary of Provident Bancorp, Inc is an innovative, commercial bank that finds solutions for its business and private clients.
Read More
Before you consider Provident Bancorp, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Provident Bancorp wasn't on the list.
While Provident Bancorp currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
MarketBeat All Access