Provident Financial Holdings Company Profile (NASDAQ:PROV)

About Provident Financial Holdings (NASDAQ:PROV)

Provident Financial Holdings logoProvident Financial Holdings, Inc. is the holding company of Provident Savings Bank, F.S.B. (the Bank). The Bank is a federally chartered stock savings bank. The Company operates through two segments: Provident Bank and Provident Bank Mortgage (PBM). The Bank's operations primarily consist of accepting deposits from customers within the communities surrounding the Bank's full service offices and investing those funds in single-family loans, multi-family loans, commercial real estate loans, construction loans, commercial business loans, consumer loans and other mortgage loans. PBM operations primarily consist of the origination, purchase and sale of mortgage loans secured by single-family residences. The Bank is a financial services company committed to serving consumers and small to mid-sized businesses in the Inland Empire region of Southern California. The Bank offers business checking accounts, other business banking services and services loans for others.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Banks
  • Sub-Industry: Thrifts & Mortgage Finance
  • Symbol: NASDAQ:PROV
  • CUSIP: 74386810
  • Web: www.myprovident.com
Capitalization:
  • Market Cap: $149.34 million
  • Outstanding Shares: 7,695,000
Average Prices:
  • 50 Day Moving Avg: $19.55
  • 200 Day Moving Avg: $19.21
  • 52 Week Range: $17.62 - $20.66
P/E:
  • Trailing P/E Ratio: 30.25
  • P/E Growth: -1.66
Sales & Book Value:
  • Annual Revenue: $67.6 million
  • Price / Sales: 2.18
  • Book Value: $16.62 per share
  • Price / Book: 1.15
Dividend:
  • Annual Dividend: $0.56
  • Dividend Yield: 2.9%
Profitability:
  • Net Margins: 7.11%
  • Return on Equity: 3.96%
  • Return on Assets: 0.43%
Debt:
  • Debt-to-Equity Ratio: 0.98%
  • Current Ratio: 1.16%
  • Quick Ratio: 1.04%
Misc:
  • Average Volume: 12,132 shs.
  • Beta: -0.04
  • Short Ratio: 4.93
 

Frequently Asked Questions for Provident Financial Holdings (NASDAQ:PROV)

What is Provident Financial Holdings' stock symbol?

Provident Financial Holdings trades on the NASDAQ under the ticker symbol "PROV."

How often does Provident Financial Holdings pay dividends? What is the dividend yield for Provident Financial Holdings?

Provident Financial Holdings declared a quarterly dividend on Tuesday, August 1st. Investors of record on Monday, August 21st will be given a dividend of $0.14 per share on Monday, September 11th. This represents a $0.56 annualized dividend and a yield of 2.93%. The ex-dividend date of this dividend is Thursday, August 17th. This is a positive change from Provident Financial Holdings's previous quarterly dividend of $0.13. View Provident Financial Holdings' Dividend History.

How will Provident Financial Holdings' stock buyback program work?

Provident Financial Holdings announced that its Board of Directors has authorized a share buyback plan on Tuesday, June 20th 2017, which allows the company to repurchase 390,000 shares, according to EventVestor. This repurchase authorization allows the company to reacquire shares of its stock through open market purchases. Stock repurchase plans are typically an indication that the company's leadership believes its shares are undervalued.

How were Provident Financial Holdings' earnings last quarter?

Provident Financial Holdings, Inc. (NASDAQ:PROV) released its quarterly earnings data on Wednesday, July, 26th. The company reported $0.12 earnings per share for the quarter, missing the consensus estimate of $0.18 by $0.06. The firm had revenue of $15.86 million for the quarter, compared to the consensus estimate of $18.20 million. Provident Financial Holdings had a return on equity of 3.96% and a net margin of 7.11%. During the same quarter last year, the business posted $0.31 EPS. View Provident Financial Holdings' Earnings History.

When will Provident Financial Holdings make its next earnings announcement?

Provident Financial Holdings is scheduled to release their next quarterly earnings announcement on Thursday, October, 26th 2017. View Earnings Estimates for Provident Financial Holdings.

Where is Provident Financial Holdings' stock going? Where will Provident Financial Holdings' stock price be in 2017?

1 brokerages have issued 1-year price objectives for Provident Financial Holdings' stock. Their predictions range from $20.00 to $20.00. On average, they expect Provident Financial Holdings' share price to reach $20.00 in the next twelve months. View Analyst Ratings for Provident Financial Holdings.

Who are some of Provident Financial Holdings' key competitors?

Who are Provident Financial Holdings' key executives?

Provident Financial Holdings' management team includes the folowing people:

  • Craig G. Blunden, Chairman of the Board, Chief Executive Officer of the Company and the Bank
  • Donavon P. Ternes, President, Chief Operating Officer, Chief Financial Officer, Corporate Secretary,
  • Robert Scott Ritter, Senior Vice President - Mortgage Banking for the Bank
  • David S. Weiant, Senior Vice President, Chief Lending Officer
  • Gwendolyn L. Wertz, Senior Vice President - Retail Banking of the Bank
  • Joseph P. Barr CPA, Independent Director
  • Bruce W. Bennett, Independent Director
  • Judy A. Carpenter, Independent Director
  • Debbi H. Guthrie, Independent Director
  • Roy H. Taylor, Independent Director

Who owns Provident Financial Holdings stock?

Provident Financial Holdings' stock is owned by many different of institutional and retail investors. Top institutional investors include STILWELL JOSEPH (4.10%). Company insiders that own Provident Financial Holdings stock include David Weiant, Debbi Guthrie, Lilian Brunner-Salter and Richard L Gale. View Institutional Ownership Trends for Provident Financial Holdings.

How do I buy Provident Financial Holdings stock?

Shares of Provident Financial Holdings can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Provident Financial Holdings' stock price today?

One share of Provident Financial Holdings stock can currently be purchased for approximately $19.14.


MarketBeat Community Rating for Provident Financial Holdings (NASDAQ PROV)
Community Ranking:  1.8 out of 5 (star)
Outperform Votes:  89 (Vote Outperform)
Underperform Votes:  152 (Vote Underperform)
Total Votes:  241
MarketBeat's community ratings are surveys of what our community members think about Provident Financial Holdings and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Provident Financial Holdings (NASDAQ:PROV) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 1 Hold Rating
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: $20.00 (4.49% upside)
Consensus Price Target History for Provident Financial Holdings (NASDAQ:PROV)
Price Target History for Provident Financial Holdings (NASDAQ:PROV)
Analysts' Ratings History for Provident Financial Holdings (NASDAQ:PROV)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
4/11/2017Hovde GroupInitiated CoverageMarket Perform -> Market Perform$20.00LowView Rating Details
10/15/2016Panmure GordonReiterated RatingHoldN/AView Rating Details
10/15/2016Numis Securities LtdReiterated RatingHoldN/AView Rating Details
8/3/2016Citigroup Inc.Reiterated RatingBuyN/AView Rating Details
7/29/2016Keefe, Bruyette & WoodsBoost Price TargetMarket Perform$17.50 -> $19.00N/AView Rating Details
7/27/2016Beaufort SecuritiesReiterated RatingHoldN/AView Rating Details
6/25/2016Shore CapitalReiterated RatingHoldN/AView Rating Details
6/17/2016Barclays PLCReiterated RatingOverweightN/AView Rating Details
12/17/2015Sandler O'NeillDowngradeBuy -> HoldN/AView Rating Details
11/10/2015Piper Jaffray CompaniesDowngradeHoldN/AView Rating Details
(Data available from 10/24/2015 forward)

Earnings

Earnings History for Provident Financial Holdings (NASDAQ:PROV)
Earnings by Quarter for Provident Financial Holdings (NASDAQ:PROV)
Earnings History by Quarter for Provident Financial Holdings (NASDAQ PROV)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/26/2017        
7/26/2017Q4 2017$0.18$0.12$18.20 million$15.86 millionViewN/AView Earnings Details
4/27/2017Q3 2017$0.16$0.14$16.79 million$15.44 millionViewN/AView Earnings Details
1/27/2017Q2 2017$0.26$0.18$20.45 million$16.92 millionViewN/AView Earnings Details
10/25/2016Q1$0.26$0.20$19.26 million$18.34 millionViewN/AView Earnings Details
7/26/2016Q116$0.23$0.34$17.44 millionViewN/AView Earnings Details
4/26/2016Q3$0.19$0.18$15.20 million$16.34 millionViewN/AView Earnings Details
1/26/2016Q2$0.28$0.11$18.00 million$15.19 millionViewN/AView Earnings Details
10/27/2015Q1$0.25$0.28$18.70 million$18.52 millionViewN/AView Earnings Details
7/28/2015Q4$0.30$0.28$19.30 million$19.36 millionViewListenView Earnings Details
4/28/2015Q115$0.26$0.29$18.30 million$19.65 millionViewN/AView Earnings Details
1/26/2015Q215$0.24$0.25$17.10 million$17.61 millionViewN/AView Earnings Details
10/29/2014Q115$0.23$0.25$16.91 million$17.87 millionViewN/AView Earnings Details
7/30/2014Q414$0.16$0.22$12.20 million$17.21 millionViewN/AView Earnings Details
4/29/2014Q314$0.18$0.14$9.20 million$14.24 millionViewN/AView Earnings Details
1/30/2014Q214$0.17$0.16$16.00 millionViewN/AView Earnings Details
10/29/2013Q114$0.43$0.14$25.10 millionViewN/AView Earnings Details
7/30/2013Q4 2013$0.41$0.49$23.40 millionViewN/AView Earnings Details
4/25/2013Q3 2013$0.48$0.45$26.10 millionViewN/AView Earnings Details
1/24/2013Q2 2013$0.48$0.64$27.40 millionViewN/AView Earnings Details
10/25/2012$0.37$0.72ViewN/AView Earnings Details
7/30/2012$0.23$0.39ViewN/AView Earnings Details
4/26/2012$0.20$0.21ViewN/AView Earnings Details
1/31/2012$0.24$0.16ViewN/AView Earnings Details
10/27/2011$0.23$0.20ViewN/AView Earnings Details
7/28/2011$0.22$0.18ViewN/AView Earnings Details
4/28/2011$0.21$0.20ViewN/AView Earnings Details
1/27/2011$0.18$0.37ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Provident Financial Holdings (NASDAQ:PROV)
2017 EPS Consensus Estimate: $0.96
2018 EPS Consensus Estimate: $0.80
2019 EPS Consensus Estimate: $1.20
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20171$0.35$0.35$0.35
Q2 20171$0.24$0.24$0.24
Q4 20171$0.37$0.37$0.37
Q1 20181$0.03$0.03$0.03
Q2 20181$0.20$0.20$0.20
Q3 20181$0.21$0.21$0.21
Q4 20181$0.36$0.36$0.36
Q1 20191$0.29$0.29$0.29
Q2 20191$0.22$0.22$0.22
Q3 20191$0.28$0.28$0.28
Q4 20191$0.41$0.41$0.41
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Provident Financial Holdings (NASDAQ:PROV)
Most Recent Dividend:9/11/2017
Annual Dividend:$0.56
Dividend Yield:2.93%
Payout Ratio:87.50% (Trailing 12 Months of Earnings)
Dividend Payments by Quarter for Provident Financial Holdings (NASDAQ:PROV)

Dividend History by Quarter for Provident Financial Holdings (NASDAQ PROV)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
8/1/2017quarterly$0.142.92%8/17/20178/21/20179/11/2017
5/1/2017quarterly$0.132.75%5/17/20175/19/20176/9/2017
1/26/2017quarterly$0.132.78%2/13/20172/15/20173/8/2017
10/26/2016Quarterly$0.1311/10/201611/15/201612/6/2016
7/26/2016Quarterly$0.138/11/20168/15/20169/5/2016
4/27/2016Quarterly$0.125/13/20165/17/20166/7/2016
1/27/2016Quarterly$0.122/11/20162/16/20163/8/2016
10/23/2015Quarterly$0.1211/9/201511/12/201512/3/2015
7/21/2015$0.128/7/20158/11/20159/1/2015
4/30/2015quarterly$0.122.9%5/15/20155/19/20156/9/2015
1/30/2015quarterly$0.112.84%2/13/20152/18/20153/12/2015
10/30/2014quarterly$0.112.97%11/18/201411/20/201412/12/2014
7/22/2014quarterly$0.113.03%8/8/20148/12/20149/3/2014
4/29/2014quarterly$0.102.84%5/16/20145/20/20146/11/2014
1/28/2014quarterly$0.102.81%2/14/20142/19/20143/10/2014
10/30/2013quarterly$0.102.64%11/19/201311/21/201312/10/2013
7/30/2013quarterly$0.102.29%8/19/20138/21/20139/10/2013
5/1/2013quarterly$0.071.78%5/20/20135/22/20136/11/2013
1/24/2013quarterly$0.071.52%2/11/20132/13/20133/5/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Provident Financial Holdings (NASDAQ:PROV)
Insider Ownership Percentage: 15.71%
Institutional Ownership Percentage: 59.85%
Insider Trades by Quarter for Provident Financial Holdings (NASDAQ:PROV)
Institutional Ownership by Quarter for Provident Financial Holdings (NASDAQ:PROV)
Insider Trades by Quarter for Provident Financial Holdings (NASDAQ:PROV)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
6/21/2017Debbi GuthrieDirectorSell5,600$19.10$106,960.00View SEC Filing  
3/17/2017David WeiantInsiderSell20,000$18.70$374,000.00View SEC Filing  
11/3/2016David WeiantInsiderSell2,909$19.01$55,300.09View SEC Filing  
10/27/2016Lilian Brunner-SalterSVPSell9,000$18.94$170,460.00View SEC Filing  
6/7/2016Richard L GaleSVPSell91$18.50$1,683.50View SEC Filing  
5/5/2016Richard L GaleSVPSell5,000$18.00$90,000.00View SEC Filing  
3/23/2016Richard L GaleSVPSell5,000$17.90$89,500.00View SEC Filing  
2/12/2016Debbi GuthrieDirectorSell8,200$16.87$138,334.00View SEC Filing  
11/17/2015Richard L. GaleSVPSell9,000$17.92$161,280.00View SEC Filing  
9/21/2015Judy A CarpenterDirectorBuy1,200$16.96$20,352.00View SEC Filing  
6/17/2015Joseph BarrDirectorSell19,000$17.84$338,960.00View SEC Filing  
5/18/2015Lilian Brunner-SalterSVPSell7,820$16.70$130,594.00View SEC Filing  
5/14/2015Lilian Brunner-SalterSVPSell15,000$16.67$250,050.00View SEC Filing  
3/24/2015Richard L GaleSVPSell3,071$16.11$49,473.81View SEC Filing  
8/4/2014David WeiantSVPSell1,000$14.33$14,330.00View SEC Filing  
12/12/2013Roy TaylorDirectorSell18,140$14.68$266,295.20View SEC Filing  
8/21/2013Lilian Brunner-SalterSVPSell4,230$18.07$76,436.10View SEC Filing  
8/7/2013David WeiantSVPSell2,220$18.03$40,026.60View SEC Filing  
8/1/2013William E ThomasDirectorSell25,000$17.32$433,000.00View SEC Filing  
5/1/2013Richard L GaleSVPSell6,000$16.20$97,200.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Provident Financial Holdings (NASDAQ:PROV)
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Chart

Provident Financial Holdings (PROV) Chart for Tuesday, October, 24, 2017

This page was last updated on 10/24/2017 by MarketBeat.com Staff

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