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: Savings & Loans
  • Sub-Industry: Thrifts & Mortgage Finance
  • Symbol: NASDAQ:PROV
  • CUSIP: 74386810
  • Web: www.myprovident.com
Capitalization:
  • Market Cap: $150.72 million
  • Outstanding Shares: 7,891,000
Average Prices:
  • 50 Day Moving Avg: $18.94
  • 200 Day Moving Avg: $19.19
  • 52 Week Range: $17.25 - $20.66
P/E:
  • Trailing P/E Ratio: 22.85
  • Foreward P/E Ratio: 21.46
  • P/E Growth: -2.08
Sales & Book Value:
  • Annual Revenue: $71.33 million
  • Price / Sales: 2.11
  • Book Value: $16.69 per share
  • Price / Book: 1.14
Dividend:
  • Annual Dividend: $0.52
  • Dividend Yield: 2.7%
Profitability:
  • Net Margins: 9.19%
  • Return on Equity: 5.34%
  • Return on Assets: 0.60%
Debt:
  • Debt-to-Equity Ratio: 0.84%
  • Current Ratio: 1.17%
  • Quick Ratio: 1.01%
Misc:
  • Average Volume: 15,278 shs.
  • Beta: 0.13
  • Short Ratio: 2.55
 

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 Monday, May 1st. Investors of record on Friday, May 19th will be given a dividend of $0.13 per share on Friday, June 9th. This represents a $0.52 dividend on an annualized basis and a yield of 2.72%. The ex-dividend date is Wednesday, May 17th. View Provident Financial Holdings' Dividend History.

How were Provident Financial Holdings' earnings last quarter?

Provident Financial Holdings, Inc. (NASDAQ:PROV) posted its earnings results on Thursday, April, 27th. The company reported $0.14 EPS for the quarter, missing analysts' consensus estimates of $0.16 by $0.02. The company earned $15.44 million during the quarter, compared to the consensus estimate of $16.79 million. Provident Financial Holdings had a return on equity of 5.34% and a net margin of 9.19%. During the same period in the prior year, the business posted $0.18 EPS. View Provident Financial Holdings' Earnings History.

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

8 analysts have issued 1-year target prices for Provident Financial Holdings' shares. Their forecasts range from $19.00 to $20.00. On average, they expect Provident Financial Holdings' stock price to reach $19.50 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 a number of of retail and institutional investors. Top institutional shareholders include Dimensional Fund Advisors LP (8.31%), Stilwell Value LLC (7.68%), Renaissance Technologies LLC (4.52%), Vanguard Group Inc. (3.66%), Ameriprise Financial Inc. (2.08%) and Acadian Asset Management LLC (1.88%). Company insiders that own Provident Financial Holdings stock include David Weiant, Debbi Guthrie, Joseph Barr, Judy A Carpenter, Lilian Brunner-Salter and Richard L Gale. View Institutional Ownership Trends for Provident Financial Holdings.

Who sold Provident Financial Holdings stock? Who is selling Provident Financial Holdings stock?

Provident Financial Holdings' stock was sold by a variety of institutional investors in the last quarter, including Acadian Asset Management LLC, Morgan Stanley, Stilwell Value LLC, JPMorgan Chase & Co., LSV Asset Management, Ameriprise Financial Inc., Parametric Portfolio Associates LLC and First Quadrant L P CA. Company insiders that have sold Provident Financial Holdings stock in the last year include David Weiant, Lilian Brunner-Salter and Richard L Gale. View Insider Buying and Selling for Provident Financial Holdings.

Who bought Provident Financial Holdings stock? Who is buying Provident Financial Holdings stock?

Provident Financial Holdings' stock was bought by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Dimensional Fund Advisors LP, Geode Capital Management LLC, Vanguard Group Inc., Bank of New York Mellon Corp and Martingale Asset Management L P. View Insider Buying and Selling 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 $19.10.


MarketBeat Community Rating for Provident Financial Holdings (NASDAQ PROV)
Community Ranking:  1.6 out of 5 ()
Outperform Votes:  51 (Vote Outperform)
Underperform Votes:  111 (Vote Underperform)
Total Votes:  162
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) (?)
Ratings Breakdown: 6 Hold Ratings, 2 Buy Ratings
Consensus Rating:Hold (Score: 2.25)
Consensus Price Target: $19.50 (2.09% upside)

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 IncReiterated 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 5/29/2015 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
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: $1.16
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$0.31$0.31$0.31
Q2 20181$0.26$0.26$0.26
Q3 20181$0.27$0.27$0.27
Q4 20181$0.32$0.32$0.32
Q1 20191$0.29$0.29$0.29
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Provident Financial Holdings (NASDAQ:PROV)
Next Dividend:6/9/2017
Annual Dividend:$0.52
Dividend Yield:2.72%
Payout Ratio:59.77% (Trailing 12 Months of Earnings)
74.29% (Based on This Year's Estimates)
58.43% (Based on Next Year's Estimates)
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
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: 59.94%
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
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)
Latest Headlines for Provident Financial Holdings (NASDAQ:PROV)
Source:
DateHeadline
finance.yahoo.com logoProvident Financial Holdings, Inc. : PROV-US: Dividend Analysis : May 19th, 2017 (record date) : By the numbers : May 19, 2017
finance.yahoo.com - May 19 at 7:55 PM
finance.yahoo.com logoETFs with exposure to Provident Financial Holdings, Inc. : May 12, 2017
finance.yahoo.com - May 12 at 8:07 PM
finance.yahoo.com logoProvident Financial Holdings, Inc. :PROV-US: Earnings Analysis: Q3, 2017 By the Numbers : May 10, 2017
finance.yahoo.com - May 10 at 11:28 AM
americanbankingnews.com logoProvident Financial Holdings, Inc. (PROV) Given Consensus Rating of "Hold" by Analysts
www.americanbankingnews.com - May 8 at 12:50 PM
americanbankingnews.com logoProvident Financial Holdings (PROV) Getting Favorable Media Coverage, Analysis Finds
www.americanbankingnews.com - May 4 at 1:14 AM
americanbankingnews.com logoProvident Financial Holdings, Inc. (PROV) Declares Quarterly Dividend of $0.13
www.americanbankingnews.com - May 1 at 8:50 PM
americanbankingnews.com logoProvident Financial Holdings (PROV) Given Daily Media Impact Rating of 0.10
www.americanbankingnews.com - April 30 at 5:45 PM
finance.yahoo.com logoEdited Transcript of PROV earnings conference call or presentation 28-Apr-17 4:00pm GMT
finance.yahoo.com - April 29 at 7:45 PM
americanbankingnews.com logoProvident Financial Holdings, Inc. (PROV) Releases Quarterly Earnings Results, Misses Estimates By $0.02 EPS
www.americanbankingnews.com - April 29 at 1:28 AM
reuters.com logoBRIEF-Provident Financial Holdings announces extension of stock repurchase plan
www.reuters.com - April 29 at 1:21 AM
seekingalpha.com logoProvident Financial Holdings, Inc. 2017 Q3 - Results - Earnings Call Slides
seekingalpha.com - April 29 at 1:21 AM
finance.yahoo.com logoProvident Financial Holdings Announces Extension of Stock Repurchase Plan
finance.yahoo.com - April 28 at 8:21 PM
reuters.com logoBRIEF-Provident Financial Holdings Q3 earnings per share $0.14
www.reuters.com - April 28 at 12:48 AM
americanbankingnews.com logoProvident Financial Holdings (PROV) Earning Positive Press Coverage, Analysis Finds
www.americanbankingnews.com - April 28 at 12:36 AM
americanbankingnews.com logoProvident Financial Holdings, Inc. (PROV) Releases Earnings Results, Misses Estimates By $0.02 EPS
www.americanbankingnews.com - April 27 at 7:06 PM
finance.yahoo.com logoProvident Financial Holdings Reports Third Quarter of Fiscal 2017 Earnings
finance.yahoo.com - April 27 at 10:36 AM
marketbeat.com logoProvident Financial posts 3Q profit
marketbeat.com - April 27 at 6:44 AM
americanbankingnews.com logoProvident Financial Holdings (PROV) Given Daily Media Impact Rating of 0.41
www.americanbankingnews.com - April 22 at 12:31 PM
americanbankingnews.com logoProvident Financial Holdings (PROV) Given Daily Media Impact Score of 0.28
www.americanbankingnews.com - April 18 at 9:34 PM
americanbankingnews.com logoProvident Financial Holdings, Inc. (PROV) Coverage Initiated at Hovde Group
www.americanbankingnews.com - April 17 at 8:18 AM
finance.yahoo.com logoProvident Bank Celebrates 10th Year of Community Partnership Program - Donating Over $480,000 to Local Non-Profit Organizations Participating in the Program
finance.yahoo.com - April 13 at 7:09 PM
americanbankingnews.com logoProvident Financial Holdings, Inc. (PROV) Given Average Rating of "Hold" by Analysts
www.americanbankingnews.com - April 11 at 11:35 AM
americanbankingnews.com logoHovde Group Initiates Coverage on Provident Financial Holdings, Inc. (PROV)
www.americanbankingnews.com - April 11 at 8:49 AM
finance.yahoo.com logoProvident Bank Recruits Central Coast Retail Mortgage Banking Group
finance.yahoo.com - February 7 at 9:54 PM
finance.yahoo.com logoEdited Transcript of PROV earnings conference call or presentation 30-Jan-17 5:00pm GMT
finance.yahoo.com - January 31 at 1:01 AM
us.rd.yahoo.com logoProvident Financial Holdings Reports Second Quarter of Fiscal 2017 Earnings
us.rd.yahoo.com - January 28 at 5:47 AM
biz.yahoo.com logoQ2 2017 Provident Financial Holdings Inc Earnings Release - Before Market Open
us.rd.yahoo.com - January 28 at 5:47 AM
biz.yahoo.com logoPROVIDENT FINANCIAL HOLDINGS INC Files SEC form 8-K, Submission of Matters to a Vote of Security Holders, Financial S
biz.yahoo.com - November 18 at 6:33 PM
biz.yahoo.com logoPROVIDENT FINANCIAL HOLDINGS INC Files SEC form 10-Q, Quarterly Report
biz.yahoo.com - November 7 at 7:43 PM
seekingalpha.com logoProvident Financial Holdings, Inc. 2017 Q1 - Results - Earnings Call Slides
seekingalpha.com - October 27 at 11:52 AM
finance.yahoo.com logoEdited Transcript of PROV earnings conference call or presentation 26-Oct-16 4:00pm GMT
finance.yahoo.com - October 27 at 11:52 AM
biz.yahoo.com logoPROVIDENT FINANCIAL HOLDINGS INC Files SEC form 8-K, Other Events, Financial Statements and Exhibits
biz.yahoo.com - October 26 at 6:56 PM
biz.yahoo.com logoPROVIDENT FINANCIAL HOLDINGS INC Files SEC form 8-K, Results of Operations and Financial Condition, Regulation FD Dis
biz.yahoo.com - October 25 at 6:54 PM
globenewswire.com logoProvident Financial Holdings Reports First Quarter of Fiscal 2017 Earnings
globenewswire.com - October 25 at 12:02 PM
reuters.com logoBRIEF-Provident Financial Holdings Q1 EPS $0.20
www.reuters.com - October 25 at 12:02 PM
biz.yahoo.com logoQ1 2017 Provident Financial Holdings Inc Earnings Release - Before Market Open
biz.yahoo.com - October 25 at 12:02 PM
businesswire.com logoMUFG Americas Holdings Corporation Reports Third Quarter 2016 Financial Results on Its Website
www.businesswire.com - October 24 at 6:36 PM
businesswire.com logoFinancial Gravity Conference Adds 8 Partners in 6 States
www.businesswire.com - October 20 at 8:17 AM
seekingalpha.com logoIPO Quiet Period Expiration: CapStar Financial Holdings
seekingalpha.com - October 13 at 10:33 AM
prnewswire.com logoUniversal Logistics Holdings, Inc. Announces Third Quarter 2016 Earnings Release and Conference Call Dates and Provides Outlook
www.prnewswire.com - October 5 at 6:44 PM
biz.yahoo.com logoPROVIDENT FINANCIAL HOLDINGS INC Files SEC form 8-K, Change in Directors or Principal Officers, Financial Statements
biz.yahoo.com - September 16 at 6:39 PM
finance.yahoo.com logoPROVIDENT FINANCIAL HOLDINGS INC Financials
finance.yahoo.com - September 16 at 6:39 PM
biz.yahoo.com logoPROVIDENT FINANCIAL HOLDINGS INC Files SEC form 8-K, Results of Operations and Financial Condition, Financial Stateme
biz.yahoo.com - September 14 at 11:12 AM

Social

Chart

Provident Financial Holdings (PROV) Chart for Monday, May, 29, 2017

This page was last updated on 5/29/2017 by MarketBeat.com Staff