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
Stock Exchange NASDAQ
Industry Federal savings institutions
Sub-IndustryThrifts & Mortgage Finance
SectorFinance
SymbolNASDAQ:PROV
CUSIP74386810
Phone951-686-6060
Debt
Debt-to-Equity Ratio1.05
Current Ratio1.13
Quick Ratio1.02
Price-To-Earnings
Trailing P/E Ratio25.11
Forward P/E RatioN/A
P/E GrowthN/A
Sales & Book Value
Annual Sales$64.61 million
Price / Sales2.02
Cash Flow$1.1371 per share
Price / Cash15.46
Book Value$16.14 per share
Price / Book1.09
Profitability
EPS (Most Recent Fiscal Year)$0.70
Net Income$2.13 million
Net Margins3.30%
Return on Equity4.93%
Return on Assets0.51%
Miscellaneous
Employees376
Outstanding Shares7,430,000
Market Cap$130.84 million
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 announced a quarterly dividend on Tuesday, July 31st. Shareholders of record on Tuesday, August 21st will be paid a dividend of $0.14 per share on Tuesday, September 11th. This represents a $0.56 annualized dividend and a yield of 3.19%. The ex-dividend date is Monday, August 20th. View Provident Financial's Dividend History.
How will Provident Financial's stock buyback program work?
Provident Financial announced that its board has approved a share repurchase program on Tuesday, June 20th 2017, which allows the company to repurchase 390,000 outstanding shares, according to EventVestor. This repurchase authorization allows the company to buy shares of its stock through open market purchases. Stock repurchase programs are typically an indication that the company's board believes its shares are undervalued.
How were Provident Financial's earnings last quarter?
Provident Financial Holdings, Inc. (NASDAQ:PROV) issued its quarterly earnings data on Monday, July, 30th. The financial services provider reported $0.18 earnings per share for the quarter, missing the consensus estimate of $0.25 by $0.07. The financial services provider had revenue of $13.90 million for the quarter, compared to the consensus estimate of $15.10 million. Provident Financial had a net margin of 3.30% and a return on equity of 4.93%. 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 target prices for Provident Financial's shares. Their forecasts range from $19.00 to $20.00. On average, they anticipate Provident Financial's share price to reach $19.50 in the next twelve months. This suggests a possible upside of 10.9% from the stock's current price. View Analyst Price Targets for Provident Financial.
What is the consensus analysts' recommendation for Provident Financial?
2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Provident Financial in the last year. There are currently 2 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Provident Financial.
Who are some of Provident Financial's key competitors?
Some companies that are related to Provident Financial include Waterstone Financial (WSBF), Farmers & Merchants Bancorp, Inc. (OH) (FMAO), Charter Financial Corp (Maryland) (CHFN), Clifton Bancorp (CSBK), Western New England Bancorp (WNEB), NASB Financial (NASB), Territorial Bancorp (TBNK), Codorus Valley Bancorp (CVLY), Northrim BanCorp (NRIM), Provident Bancorp (PVBC), BankFinancial (BFIN), PDL Community Bancorp (PDLB), North Dallas Bank Trust (NODB), BCB Bancorp (BCBP) and First Guaranty Bancshares (FGBI).
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- Provident Savings Bank, F.S.B. (Age 49)
- Mr. David S. Weiant, Sr. VP & Chief Lending Officer of Provident Savings Bank, F.S.B. (Age 59)
- Ms. Gwendolyn L. Wertz, Sr. VP of Retail Banking - Provident Savings Bank, F.S.B. (Age 52)
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 $17.58.
How big of a company is Provident Financial?
Provident Financial has a market capitalization of $130.84 million and generates $64.61 million in revenue each year. The financial services provider earns $2.13 million in net income (profit) each year or $0.70 on an earnings per share basis. Provident Financial employs 376 workers across the globe.
What is Provident Financial's official website?
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 (NASDAQ 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.
