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DOW   34,152.01
QQQ   332.28
Companies facing 1st tax on stock buybacks in Biden bill
MUST WATCH: Unusual 3-second financial maneuver (Ad)
Home Depot Results Point To Sluggish 2nd Half
Walmart Leads Retail Higher But Will The Group Follow? 
What's in big Biden bill? Health, climate goals become law
The Day of Financial Reckoning Is Near (Ad)
Biden to sign massive climate and health care legislation
Stocks edge mostly higher on Wall Street; Walmart lifts Dow
US futures turn around on strong performance from retailers
The Day of Financial Reckoning Is Near (Ad)
S&P 500   4,305.20
DOW   34,152.01
QQQ   332.28
Companies facing 1st tax on stock buybacks in Biden bill
MUST WATCH: Unusual 3-second financial maneuver (Ad)
Home Depot Results Point To Sluggish 2nd Half
Walmart Leads Retail Higher But Will The Group Follow? 
What's in big Biden bill? Health, climate goals become law
The Day of Financial Reckoning Is Near (Ad)
Biden to sign massive climate and health care legislation
Stocks edge mostly higher on Wall Street; Walmart lifts Dow
US futures turn around on strong performance from retailers
The Day of Financial Reckoning Is Near (Ad)
S&P 500   4,305.20
DOW   34,152.01
QQQ   332.28
Companies facing 1st tax on stock buybacks in Biden bill
MUST WATCH: Unusual 3-second financial maneuver (Ad)
Home Depot Results Point To Sluggish 2nd Half
Walmart Leads Retail Higher But Will The Group Follow? 
What's in big Biden bill? Health, climate goals become law
The Day of Financial Reckoning Is Near (Ad)
Biden to sign massive climate and health care legislation
Stocks edge mostly higher on Wall Street; Walmart lifts Dow
US futures turn around on strong performance from retailers
The Day of Financial Reckoning Is Near (Ad)
S&P 500   4,305.20
DOW   34,152.01
QQQ   332.28
Companies facing 1st tax on stock buybacks in Biden bill
MUST WATCH: Unusual 3-second financial maneuver (Ad)
Home Depot Results Point To Sluggish 2nd Half
Walmart Leads Retail Higher But Will The Group Follow? 
What's in big Biden bill? Health, climate goals become law
The Day of Financial Reckoning Is Near (Ad)
Biden to sign massive climate and health care legislation
Stocks edge mostly higher on Wall Street; Walmart lifts Dow
US futures turn around on strong performance from retailers
The Day of Financial Reckoning Is Near (Ad)
NASDAQ:PVBC

Provident Bancorp - PVBC Stock Forecast, Price & News

$15.27
+0.19 (+1.26%)
(As of 08/16/2022 12:00 AM ET)
Add
Compare
Today's Range
$15.20
$15.34
50-Day Range
$14.65
$16.61
52-Week Range
$14.47
$20.14
Volume
10,311 shs
Average Volume
16,006 shs
Market Capitalization
$270.58 million
P/E Ratio
13.16
Dividend Yield
1.06%
Price Target
$18.00

Provident Bancorp MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
17.9% Upside
$18.00 Price Target
Short Interest
Bearish
1.25% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.77mentions of Provident Bancorp in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
33.33%
From $1.26 to $1.68 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.35 out of 5 stars

Finance Sector

546th out of 924 stocks

Federal Savings Institutions Industry

23rd out of 44 stocks

PVBC stock logo

About Provident Bancorp (NASDAQ:PVBC) Stock

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.

Wall Street Analysts Forecast Growth

Separately, Stephens dropped their target price on shares of Provident Bancorp from $18.50 to $18.00 and set an "overweight" rating for the company in a research report on Monday, August 8th.

Provident Bancorp Price Performance

Shares of NASDAQ:PVBC traded up $0.19 during mid-day trading on Tuesday, hitting $15.27. The company's stock had a trading volume of 10,311 shares, compared to its average volume of 28,515. The stock has a market cap of $271.97 million, a price-to-earnings ratio of 13.00 and a beta of 0.92. Provident Bancorp has a one year low of $14.47 and a one year high of $20.14. The company's fifty day simple moving average is $15.52 and its 200-day simple moving average is $15.78.

Provident Bancorp (NASDAQ:PVBC - Get Rating) last posted its quarterly earnings data on Thursday, July 28th. The bank reported $0.33 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.27 by $0.06. On average, sell-side analysts predict that Provident Bancorp will post 1.26 EPS for the current year.

Provident Bancorp Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, August 26th. Shareholders of record on Friday, August 12th will be given a dividend of $0.04 per share. This represents a $0.16 dividend on an annualized basis and a yield of 1.05%. The ex-dividend date is Thursday, August 11th. Provident Bancorp's dividend payout ratio is presently 13.79%.

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PVBC Stock News Headlines

BankProv Announces Strategic Integration with Republic
Provident Bancorp (NASDAQ:PVBC) Price Target Cut to $18.00
Provident Bancorp subsidiary teams up with Synctera
See More Headlines
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PVBC Company Calendar

Ex-Dividend for 5/27 Dividend
5/12/2022
Dividend Payable
5/27/2022
Last Earnings
7/28/2022
Ex-Dividend for 8/26 Dividend
8/11/2022
Today
8/17/2022
Dividend Payable
8/26/2022
Next Earnings (Estimated)
10/27/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Federal savings institutions
Sub-Industry
N/A
Sector
Finance
Current Symbol
NASDAQ:PVBC
Fax
N/A
Employees
N/A
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$18.00
High Stock Price Forecast
$18.00
Low Stock Price Forecast
$18.00
Forecasted Upside/Downside
+17.9%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$16.14 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$69.97 million

Miscellaneous

Free Float
16,302,000
Market Cap
$270.58 million
Optionable
Not Optionable
Beta
0.92














PVBC Stock - Frequently Asked Questions

Should I buy or sell Provident Bancorp stock right now?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Provident Bancorp in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" PVBC shares.
View PVBC analyst ratings
or view top-rated stocks.

What is Provident Bancorp's stock price forecast for 2022?

1 analysts have issued 12-month price objectives for Provident Bancorp's stock. Their PVBC share price forecasts range from $18.00 to $18.00. On average, they predict the company's stock price to reach $18.00 in the next year. This suggests a possible upside of 17.9% from the stock's current price.
View analysts price targets for PVBC
or view top-rated stocks among Wall Street analysts.

How have PVBC shares performed in 2022?

Provident Bancorp's stock was trading at $18.60 at the beginning of the year. Since then, PVBC shares have decreased by 17.9% and is now trading at $15.27.
View the best growth stocks for 2022 here
.

When is Provident Bancorp's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, October 27th 2022.
View our PVBC earnings forecast
.

How were Provident Bancorp's earnings last quarter?

Provident Bancorp Inc (NASDAQ:PVBC) posted its quarterly earnings results on Thursday, July, 28th. The bank reported $0.33 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.27 by $0.06.

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

Provident Bancorp declared a quarterly dividend on Thursday, July 28th. Shareholders of record on Friday, August 12th will be given a dividend of $0.04 per share on Friday, August 26th. This represents a $0.16 dividend on an annualized basis and a yield of 1.05%. The ex-dividend date of this dividend is Thursday, August 11th.
Read our dividend analysis for PVBC
.

Is Provident Bancorp a good dividend stock?

Provident Bancorp (NASDAQ:PVBC) pays an annual dividend of $0.16 per share and currently has a dividend yield of 1.06%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 13.79%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, PVBC will have a dividend payout ratio of 9.52% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for PVBC.

What other stocks do shareholders of Provident Bancorp own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Provident Bancorp investors own include Independent Bank (INDB), International Paper (IP), Altria Group (MO), Royal Bank of Canada (RY), Shaw Communications (SJR), Southern (SO), Suncor Energy (SU), AT&T (T), Toronto-Dominion Bank (TD) and Teekay LNG Partners (TGP).

What is Provident Bancorp's stock symbol?

Provident Bancorp trades on the NASDAQ under the ticker symbol "PVBC."

Who are Provident Bancorp's major shareholders?

Provident Bancorp's stock is owned by many different institutional and retail investors. Top institutional investors include Price T Rowe Associates Inc. MD (9.42%), M3F Inc. (4.52%), Jacobs Asset Management LLC (2.59%), Kennedy Capital Management Inc. (1.65%), State Street Corp (1.41%) and Maltese Capital Management LLC (1.26%).
View institutional ownership trends
.

How do I buy shares of Provident Bancorp?

Shares of PVBC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Provident Bancorp's stock price today?

One share of PVBC stock can currently be purchased for approximately $15.27.

How much money does Provident Bancorp make?

Provident Bancorp (NASDAQ:PVBC) has a market capitalization of $271.97 million and generates $69.97 million in revenue each year. The bank earns $16.14 million in net income (profit) each year or $1.16 on an earnings per share basis.

How can I contact Provident Bancorp?

Provident Bancorp's mailing address is 5 MARKET STREET, AMESBURY MA, 01913. The official website for the company is www.theprovidentbank.com. The bank can be reached via phone at 978-834-8555.

This page (NASDAQ:PVBC) was last updated on 8/17/2022 by MarketBeat.com Staff

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