About Provident Financial (NASDAQ:PROV)
Provident Financial Holdings, Inc. operates as the holding company for Provident Savings Bank, F.S.B. that provides community and mortgage banking services to consumers and small to mid-sized businesses in the Inland Empire region of Southern California. It operates through two segments, Provident Bank and Provident Bank Mortgage. The company's deposit products include non-interest-bearing and interest-bearing checking accounts, savings accounts, money market accounts, and time deposits; and loan portfolio comprises single-family, multi-family, commercial real estate, construction, commercial business, consumer, and other mortgage loans. It also originates, purchases, and sells single-family mortgage loans, including second mortgages and equity lines of credit. In addition, the company offers investment services comprising the sale of investment products, such as annuities and mutual funds, as well as trustee services for real estate transactions. It operates 13 full-service banking offices in Riverside County and 1 full-service banking office in San Bernardino County. The company was founded in 1956 and is headquartered in Riverside, California.
Industry, Sector and Symbol
Industry Federal savings institutions
Sub-IndustryThrifts & Mortgage Finance
SectorFinance
SymbolNASDAQ:PROV
CUSIP74386810
Phone951-686-6060
Debt
Debt-to-Equity Ratio0.92%
Current Ratio1.11%
Quick Ratio1.01%
Price-To-Earnings
Trailing P/E Ratio28.98
Forward P/E RatioN/A
P/E GrowthN/A
Sales & Book Value
Annual Sales$73.24 million
Price / Sales1.88
Cash Flow$1.0228 per share
Price / Cash17.95
Book Value$16.62 per share
Price / Book1.10
Profitability
EPS (Most Recent Fiscal Year)$0.64
Net Income$5.20 million
Net Margins1.63%
Return on Equity3.94%
Return on Assets0.42%
Miscellaneous
Employees464
Outstanding Shares7,480,000
Provident Financial (NASDAQ:PROV) Frequently Asked Questions
What is Provident Financial's stock symbol?
Provident Financial trades on the NASDAQ under the ticker symbol "PROV."
How often does Provident Financial pay dividends? What is the dividend yield for Provident Financial?
Provident Financial declared a quarterly dividend on Tuesday, January 30th. Shareholders of record on Tuesday, February 20th will be paid a dividend of $0.14 per share on Tuesday, March 13th. This represents a $0.56 dividend on an annualized basis and a yield of 3.05%. The ex-dividend date of this dividend is Friday, February 16th. View Provident Financial's Dividend History.
How will Provident Financial's stock buyback program work?
Provident Financial announced that its Board of Directors has approved a stock repurchase program on Tuesday, June 20th 2017, which authorizes the company to buyback 390,000 outstanding shares, according to EventVestor. This buyback authorization authorizes the company to purchase shares of its stock through open market purchases. Shares buyback programs are often a sign that the company's board of directors believes its shares are undervalued.
How were Provident Financial's earnings last quarter?
Provident Financial Holdings, Inc. (NASDAQ:PROV) announced its earnings results on Monday, January, 29th. The financial services provider reported $0.20 earnings per share for the quarter, hitting the Thomson Reuters' consensus estimate of $0.20. The financial services provider earned $14.49 million during the quarter, compared to analyst estimates of $15.40 million. Provident Financial had a return on equity of 3.94% and a net margin of 1.63%. During the same quarter last year, the firm posted $0.18 EPS. View Provident Financial's Earnings History.
When is Provident Financial's next earnings date?
What price target have analysts set for PROV?
2 analysts have issued 1-year price targets for Provident Financial's shares. Their predictions range from $19.00 to $20.00. On average, they expect Provident Financial's stock price to reach $19.50 in the next year. View Analyst Ratings for Provident Financial.
Who are some of Provident Financial's key competitors?
Some companies that are related to Provident Financial include Capital Southwest (CSWC), Farmland Partners (FPI), Jernigan Capital (JCAP), WhiteHorse Finance (WHF), Reliant Bancorp (RBNC), SmartFinancial (SMBK), Thl Credit (TCRD), Monroe Capital (MRCC), Reis (REIS), Safeguard Scientifics (SFE), First Bank (FRBA), Stratus Properties (STRS), Investar (ISTR), Bankwell Financial Gr (BWFG), Great Ajax (AJX), Northrim BanCorp (NRIM), Shore Bancshares (SHBI) and Bco Com Portugues (BPCGY).
Who are Provident Financial's key executives?
Provident Financial's management team includes the folowing people:
- Mr. Craig G. Blunden, Chairman & CEO (Age 70)
- Mr. Donavon P. Ternes, Pres, COO, CFO & Corp. Sec. (Age 58)
- Mr. Robert Ritter, Sr. VP of Mortgage Banking (Age 49)
- Mr. David S. Weiant, Sr. VP & Chief Lending Officer of Provident Savings Bank (Age 59)
- Ms. Gwendolyn L. Wertz, SVP of Retail Banking - Provident Savings Bank, F.S.B. (Age 52)
Has Provident Financial been receiving favorable news coverage?
News stories about PROV stock have been trending somewhat positive recently, according to Accern Sentiment Analysis. Accern identifies positive and negative media coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Provident Financial earned a media sentiment score of 0.12 on Accern's scale. They also gave media coverage about the financial services provider an impact score of 45.41 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company's share price in the next few days.
How do I buy shares of Provident Financial?
Shares of PROV can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Provident Financial's stock price today?
One share of PROV stock can currently be purchased for approximately $18.36.
How big of a company is Provident Financial?
Provident Financial has a market capitalization of $136.54 million and generates $73.24 million in revenue each year. The financial services provider earns $5.20 million in net income (profit) each year or $0.64 on an earnings per share basis. Provident Financial employs 464 workers across the globe.
How can I contact Provident Financial?
Provident Financial's mailing address is 3756 CENTRAL AVE, RIVERSIDE CA, 92506. The financial services provider can be reached via phone at 951-686-6060 or via email at [email protected]
MarketBeat Community Rating for Provident Financial (PROV)
MarketBeat's community ratings are surveys of what our community members think about Provident Financial and other stocks. Vote "Outperform" if you believe PROV will outperform the S&P 500 over the long term. Vote "Underperform" if you believe PROV will underperform the S&P 500 over the long term. You may vote once every thirty days.
Provident Financial (NASDAQ:PROV) Price Target and Consensus Rating
(How are Consensus Ratings Calculated?) MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
2 Wall Street analysts have issued ratings and price targets for Provident Financial in the last 12 months. Their average twelve-month price target is $19.50, suggesting that the stock has a possible upside of 6.21%. The high price target for PROV is $20.00 and the low price target for PROV is $19.00. There are currently 2 hold ratings for the stock, resulting in a consensus rating of "Hold."
| Today | 30 Days Ago | 90 Days Ago | 180 Days Ago |
| Consensus Rating: | Hold | Hold | Hold | Hold |
| Consensus Rating Score: | 2.00 | 2.00 | 2.00 | 2.00 |
| Ratings Breakdown: | 0 Sell Rating(s)
2 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
2 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
1 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
1 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s) |
| Consensus Price Target: | $19.50 | $19.50 | $20.00 | $20.00 |
| Price Target Upside: | 6.21% upside | 7.03% upside | 7.18% upside | 7.18% upside |
Provident Financial (NASDAQ:PROV) Consensus Price Target History
Provident Financial (NASDAQ:PROV) Analyst Ratings History
Show:
(Data available from 4/20/2016 forward)
Provident Financial (NASDAQ:PROV) Dividend Information
Provident Financial pays an annual dividend of $0.56 per share, with a dividend yield of 3.05%. PROV's most recent quarterly dividend payment was Tuesday, March 13. Provident Financial pays out 87.50% of its earnings out as a dividend.
| Most Recent Dividend: | 3/13/2018 |
| Annual Dividend: | $0.56 |
| Dividend Yield: | 3.05% |
| Payout Ratio: | 87.50% (Trailing 12 Months of Earnings)
|
Provident Financial (NASDAQ:PROV) Dividend History by Quarter
| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 1/30/2018 | Quarterly | $0.14 | 3.1% | 2/16/2018 | 2/20/2018 | 3/13/2018 |
| 10/25/2017 | quarterly | $0.14 | 2.86% | 11/13/2017 | 11/14/2017 | 12/5/2017 |
| 8/1/2017 | quarterly | $0.14 | 2.92% | 8/17/2017 | 8/21/2017 | 9/11/2017 |
| 5/1/2017 | quarterly | $0.13 | 2.75% | 5/17/2017 | 5/19/2017 | 6/9/2017 |
| 1/26/2017 | quarterly | $0.13 | 2.78% | 2/13/2017 | 2/15/2017 | 3/8/2017 |
| 10/26/2016 | Quarterly | $0.13 | | 11/10/2016 | 11/15/2016 | 12/6/2016 |
| 7/26/2016 | Quarterly | $0.13 | | 8/11/2016 | 8/15/2016 | 9/5/2016 |
| 4/27/2016 | Quarterly | $0.12 | | 5/13/2016 | 5/17/2016 | 6/7/2016 |
| 1/27/2016 | Quarterly | $0.12 | | 2/11/2016 | 2/16/2016 | 3/8/2016 |
| 10/23/2015 | Quarterly | $0.12 | | 11/9/2015 | 11/12/2015 | 12/3/2015 |
| 7/21/2015 | | $0.12 | | 8/7/2015 | 8/11/2015 | 9/1/2015 |
| 4/30/2015 | quarterly | $0.12 | 2.9% | 5/15/2015 | 5/19/2015 | 6/9/2015 |
| 1/30/2015 | quarterly | $0.11 | 2.84% | 2/13/2015 | 2/18/2015 | 3/12/2015 |
| 10/30/2014 | quarterly | $0.11 | 2.97% | 11/18/2014 | 11/20/2014 | 12/12/2014 |
| 7/22/2014 | quarterly | $0.11 | 3.03% | 8/8/2014 | 8/12/2014 | 9/3/2014 |
| 4/29/2014 | quarterly | $0.10 | 2.84% | 5/16/2014 | 5/20/2014 | 6/11/2014 |
| 1/28/2014 | quarterly | $0.10 | 2.81% | 2/14/2014 | 2/19/2014 | 3/10/2014 |
| 10/30/2013 | quarterly | $0.10 | 2.64% | 11/19/2013 | 11/21/2013 | 12/10/2013 |
| 7/30/2013 | quarterly | $0.10 | 2.29% | 8/19/2013 | 8/21/2013 | 9/10/2013 |
| 5/1/2013 | quarterly | $0.07 | 1.78% | 5/20/2013 | 5/22/2013 | 6/11/2013 |
| 1/24/2013 | quarterly | $0.07 | 1.52% | 2/11/2013 | 2/13/2013 | 3/5/2013 |
(Data available from 1/1/2013 forward)
Provident Financial (NASDAQ PROV) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 12.74%
Institutional Ownership Percentage: 60.51%
Provident Financial (NASDAQ PROV) Insider Trading History
| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Shares Held After Transaction | Details |
|---|
| 3/13/2018 | Craig G. Blunden | Chairman | Sell | 17,000 | $18.35 | $311,950.00 | |  |
| 3/7/2018 | Donavon P. Ternes | COO | Sell | 15,000 | $18.25 | $273,750.00 | | |
| 2/13/2018 | David Weiant | Insider | Sell | 3,000 | $18.06 | $54,180.00 | | |
| 11/14/2017 | Roy Taylor | Director | Sell | 872 | $19.03 | $16,594.16 | | |
| 11/10/2017 | Roy Taylor | Director | Sell | 298 | $19.02 | $5,667.96 | | |
| 11/8/2017 | Roy Taylor | Director | Sell | 10,212 | $19.03 | $194,334.36 | | |
| 10/30/2017 | Lilian Brunner-Salter | SVP | Sell | 9,000 | $19.17 | $172,530.00 | | |
| 6/21/2017 | Debbi Guthrie | Director | Sell | 5,600 | $19.10 | $106,960.00 | | |
| 3/17/2017 | David Weiant | Insider | Sell | 20,000 | $18.70 | $374,000.00 | | |
| 11/3/2016 | David Weiant | Insider | Sell | 2,909 | $19.01 | $55,300.09 | | |
| 10/27/2016 | Lilian Brunner-Salter | SVP | Sell | 9,000 | $18.94 | $170,460.00 | | |
| 6/7/2016 | Richard L Gale | SVP | Sell | 91 | $18.50 | $1,683.50 | 78,747 | |
| 5/5/2016 | Richard L Gale | SVP | Sell | 5,000 | $18.00 | $90,000.00 | 78,838 | |
| 3/23/2016 | Richard L Gale | SVP | Sell | 5,000 | $17.90 | $89,500.00 | 83,129 | |
| 2/12/2016 | Debbi Guthrie | Director | Sell | 8,200 | $16.87 | $138,334.00 | | |
| 11/17/2015 | Richard L. Gale | SVP | Sell | 9,000 | $17.92 | $161,280.00 | 88,129 | |
| 9/21/2015 | Judy A Carpenter | Director | Buy | 1,200 | $16.96 | $20,352.00 | 2,200 | |
| 6/17/2015 | Joseph Barr | Director | Sell | 19,000 | $17.84 | $338,960.00 | | |
| 5/18/2015 | Lilian Brunner-Salter | SVP | Sell | 7,820 | $16.70 | $130,594.00 | | |
| 5/14/2015 | Lilian Brunner-Salter | SVP | Sell | 15,000 | $16.67 | $250,050.00 | | |
| 3/24/2015 | Richard L Gale | SVP | Sell | 3,071 | $16.11 | $49,473.81 | | |
| 8/4/2014 | David Weiant | SVP | Sell | 1,000 | $14.33 | $14,330.00 | | |
| 12/12/2013 | Roy Taylor | Director | Sell | 18,140 | $14.68 | $266,295.20 | 90,764 | |
| 8/21/2013 | Lilian Brunner-Salter | SVP | Sell | 4,230 | $18.07 | $76,436.10 | 59,480 | |
| 8/7/2013 | David Weiant | SVP | Sell | 2,220 | $18.03 | $40,026.60 | 13,088 | |
| 8/1/2013 | William E Thomas | Director | Sell | 25,000 | $17.32 | $433,000.00 | | |
| 5/1/2013 | Richard L Gale | SVP | Sell | 6,000 | $16.20 | $97,200.00 | | |
(Data available from 1/1/2013 forward)
Provident Financial (NASDAQ PROV) News Headlines
| Source: |
|
| Date | Headline |
|---|
 | Provident Financial (PROV) Set to Announce Earnings on Wednesday
www.americanbankingnews.com - April 18 at 2:12 AM |
 | U.K. Subprime Lender Provident Raises $469 Million in Offering
www.bloomberg.com - April 10 at 3:30 PM |
 | Provident Financial Shares Open Down After Rights Issue Completed
www.morningstar.co.uk - April 10 at 11:07 AM |
| UPDATE: Provident Financial Issues Remaining 3.9 Million Shares (ALLISS)
www.morningstar.co.uk - April 10 at 11:07 AM |
| Morgan Stanley Cuts Provident Financial Stake To Below 3% From 5.1% (ALLISS)
www.morningstar.co.uk - April 9 at 10:56 AM |
 | Edited Transcript of PROV earnings conference call or presentation 30-Jan-18 5:00pm GMT
finance.yahoo.com - April 1 at 10:49 AM |
| Is Provident Financial Services Inc’s (NYSE:PFS) PE Ratio A Signal To Buy For Investors?
finance.yahoo.com - March 30 at 3:30 PM |
 | Why I’d buy Neil Woodford favourite Provident Financial plc, along with this 5% yielder
www.fool.co.uk - March 30 at 10:53 AM |
 | Can Paul Singer Shake Up Provident Financial?
seekingalpha.com - March 28 at 10:55 AM |
| DIRECTOR DEALINGS: Provident Financial Interim Chairman Buys Shares
www.morningstar.co.uk - March 27 at 3:30 PM |
| Sandler O'Neill Reaffirms Hold Rating for Provident Financial (PROV)
www.americanbankingnews.com - March 26 at 12:44 PM |
| Provident Financial (PROV) Given a $20.00 Price Target by Hovde Group Analysts
www.americanbankingnews.com - March 25 at 11:53 AM |
| Provident Financial (PROV) Downgraded by TheStreet
www.americanbankingnews.com - March 25 at 11:20 AM |
| Provident Financial Holdings, Inc. (PROV) Chairman Craig G. Blunden Sells 17,000 Shares
www.americanbankingnews.com - March 13 at 7:52 PM |
| Insider Selling: Provident Financial Holdings, Inc. (PROV) COO Sells 15,000 Shares of Stock
www.americanbankingnews.com - March 8 at 12:12 PM |
| Provident Financial (PROV) versus Marlin Business Services (MRLN) Head to Head Comparison
www.americanbankingnews.com - February 23 at 4:44 PM |
| Provident Financial Holdings Inc (NASDAQ:PROV): Dividend Is Coming In 3 Days, Should You Buy?
finance.yahoo.com - February 15 at 3:29 PM |
| Insider Selling: Provident Financial Holdings, Inc. (PROV) Insider Sells 3,000 Shares of Stock
www.americanbankingnews.com - February 14 at 3:14 PM |
| Provident Financial Holdings, Inc. to Issue Quarterly Dividend of $0.14 (PROV)
www.americanbankingnews.com - February 11 at 7:46 AM |
| Q3 2018 EPS Estimates for Provident Financial Holdings, Inc. (PROV) Lifted by FIG Partners
www.americanbankingnews.com - February 9 at 11:36 AM |
| Q4 2018 EPS Estimates for Provident Financial Holdings, Inc. Reduced by Analyst (PROV)
www.americanbankingnews.com - February 8 at 3:16 PM |
| Provident Financial (PROV) Releases Earnings Results
www.americanbankingnews.com - January 31 at 2:28 PM |
| Provident Financial Holdings, Inc. to Host Earnings Call
finance.yahoo.com - January 30 at 5:24 PM |
| Provident Financial reports 2Q loss
finance.yahoo.com - January 29 at 8:14 AM |
| Provident Financial Holdings Reports Second Quarter of Fiscal 2018 Results
finance.yahoo.com - January 29 at 8:14 AM |
| Why Provident Financial Holdings Inc (NASDAQ:PROV) May Not Be As Efficient As Its Industry
finance.yahoo.com - January 25 at 8:10 AM |
| Provident Financial (PROV) to Release Quarterly Earnings on Thursday
www.americanbankingnews.com - January 18 at 2:28 AM |
| ETFs with exposure to Provident Financial Holdings, Inc. : December 19, 2017
finance.yahoo.com - December 19 at 4:40 PM |
| Critical Analysis: International Bancshares (IBOC) vs. Provident Financial (PROV)
www.americanbankingnews.com - December 10 at 11:56 PM |
| ETFs with exposure to Provident Financial Holdings, Inc. : December 7, 2017
finance.yahoo.com - December 7 at 5:00 PM |
| Provident Financial Holdings, Inc. :PROV-US: Earnings Analysis: Q1, 2018 By the Numbers : December 5, 2017
finance.yahoo.com - December 5 at 11:55 AM |
| Analyzing Provident Financial (PROV) and Canadian Imperial Bank of Commerce (CM)
www.americanbankingnews.com - November 26 at 1:38 AM |
| BofI Holding (BOFI) vs. Provident Financial Holdings (PROV) Critical Comparison
www.americanbankingnews.com - November 24 at 5:18 AM |
| Provident Financial Holdings, Inc. (PROV) Director Sells $16,594.16 in Stock
www.americanbankingnews.com - November 15 at 9:59 PM |
| Provident Financial Holdings, Inc. : PROV-US: Dividend Analysis : November 14th, 2017 (record date) : By the numbers : November 14, 2017
finance.yahoo.com - November 15 at 7:39 AM |
| 3 Days Left Before Provident Financial Holdings Inc (PROV) Will Start Trading Ex-Dividend, Should Investors Buy?
finance.yahoo.com - November 12 at 11:53 AM |
| Provident Financial Holdings, Inc. (PROV) Director Sells $194,334.36 in Stock
www.americanbankingnews.com - November 9 at 12:34 PM |
| Provident Financial Holdings (PROV) versus Its Peers Head-To-Head Review
www.americanbankingnews.com - November 8 at 3:56 PM |
| Provident Financial Holdings, Inc. (PROV) SVP Sells $172,530.00 in Stock
www.americanbankingnews.com - October 31 at 2:36 PM |
| Provident Financial Holdings, Inc. 2018 Q1 - Results - Earnings Call Slides
seekingalpha.com - October 28 at 2:35 PM |
| Edited Transcript of PROV earnings conference call or presentation 27-Oct-17 4:00pm GMT
finance.yahoo.com - October 28 at 2:35 PM |
| Provident Financial Holdings, Inc. (PROV) Announces Quarterly Earnings Results, Misses Estimates By $0.04 EPS
www.americanbankingnews.com - October 27 at 4:01 PM |
| Provident Financial Holdings Reports First Quarter of Fiscal 2018 Results
finance.yahoo.com - October 27 at 11:32 AM |
| Provident Financial reports 1Q loss
finance.yahoo.com - October 27 at 11:32 AM |
| ETFs with exposure to Provident Financial Holdings, Inc. : October 27, 2017
finance.yahoo.com - October 27 at 11:32 AM |
| Provident Financial Holdings, Inc. (PROV) Plans Quarterly Dividend of $0.14
www.americanbankingnews.com - October 26 at 9:00 AM |
 | CORRECTION: Provident Financial Holdings Announces Quarterly Cash Dividend
feeds.benzinga.com - October 24 at 8:22 PM |
| Macro Bank (BMA) vs. Provident Financial Holdings (PROV) Head to Head Survey
www.americanbankingnews.com - October 22 at 2:08 PM |
| Provident Financial Holdings, Inc. (PROV) to Release Quarterly Earnings on Monday
www.americanbankingnews.com - October 16 at 4:40 AM |
| Provident Financial Holdings, Inc. Expected to Post Q1 2018 Earnings of $0.03 Per Share (PROV)
www.americanbankingnews.com - September 21 at 10:56 AM |
Provident Financial (NASDAQ:PROV) SEC Filings
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Provident Financial (NASDAQ:PROV) Income Statement, Balance Sheet and Cash Flow Statement
Provident Financial (NASDAQ PROV) Stock Chart for Friday, April, 20, 2018
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