Provident Bancorp Stock Price, News & Analysis (NASDAQ:PVBC)

$24.10 +0.30 (+1.26 %)
(As of 02/23/2018 04:00 PM ET)
Previous Close$24.10
Today's Range$23.80 - $24.35
52-Week Range$18.35 - $27.37
Volume1,053 shs
Average Volume4,506 shs
Market Capitalization$232.05 million
P/E Ratio22.52
Dividend YieldN/A
BetaN/A

About Provident Bancorp (NASDAQ:PVBC)

Provident Bancorp, Inc. is the holding company of The Provident Bank. The Provident Bank is a community bank that serves the banking needs of its customers. The Provident Bank operates from its main office and over two branch offices in the Northeastern Massachusetts area and over four branch offices in Southeastern New Hampshire, and one branch is located in Bedford, New Hampshire. The Bank also has a loan production office in Nashua, New Hampshire. Its primary lending area encompasses Northeastern Massachusetts and Southern New Hampshire, with a focus on Essex County, Massachusetts, and Hillsborough and Rockingham Counties, New Hampshire. Its primary deposit-gathering area is concentrated in Essex County, Massachusetts, Rockingham County, New Hampshire, and Hillsborough County, New Hampshire. The Bank uses funds to originate loans, primarily commercial real estate, construction and land development and commercial business loans, and to invest in securities.

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Industry, Sector and Symbol

Industry Commercial Banks
Sub-IndustryN/A
SectorFinancials
SymbolNASDAQ:PVBC
CUSIPN/A
Phone+1-978-3880050

Debt

Debt-to-Equity Ratio0.68%
Current Ratio1.06%
Quick Ratio1.06%

Price-To-Earnings

Trailing P/E Ratio22.5233644859813
Forward P/E RatioN/A
P/E GrowthN/A

Sales & Book Value

Annual Sales$45.74 million
Price / Sales5.07
Cash Flow$0.85 per share
Price / Cash28.19
Book Value$11.49 per share
Price / Book2.10

Profitability

Trailing EPS$1.07
Net Income$7.91 million
Net Margins17.31%
Return on Equity8.72%
Return on Assets1.12%

Miscellaneous

Employees128
Outstanding Shares9,630,000

Provident Bancorp (NASDAQ:PVBC) Frequently Asked Questions

What is Provident Bancorp's stock symbol?

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

How will Provident Bancorp's stock buyback program work?

Provident Bancorp declared that its Board of Directors has authorized a share repurchase program on Monday, April 10th 2017, which permits the company to repurchase 630,000 shares, according to EventVestor. This repurchase authorization permits the company to repurchase shares of its stock through open market purchases. Stock repurchase programs are often an indication that the company's leadership believes its shares are undervalued.

How were Provident Bancorp's earnings last quarter?

Provident Bancorp Inc (NASDAQ:PVBC) announced its quarterly earnings results on Thursday, January, 25th. The bank reported $0.41 earnings per share for the quarter. The bank had revenue of $13.04 million for the quarter. Provident Bancorp had a net margin of 17.31% and a return on equity of 8.72%. View Provident Bancorp's Earnings History.

Who are some of Provident Bancorp's key competitors?

Who are Provident Bancorp's key executives?

Provident Bancorp's management team includes the folowing people:

  • David P. Mansfield, President, Chief Executive Officer, Director
  • Carol L. Houle, Chief Financial Officer, Executive Vice President (Age 44)
  • John K. Bosen, Director (Age 50)
  • Frank G. Cousins, Director (Age 56)
  • Lisa DeStefano, Director
  • Jay E. Gould, Director
  • Laurie H. Knapp, Director (Age 57)

Who owns Provident Bancorp stock?

Provident Bancorp's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Basswood Capital Management L.L.C. (2.97%), Bank of New York Mellon Corp (0.26%), Deutsche Bank AG (0.20%), Oakmont Partners LLC (0.09%), Wells Fargo & Company MN (0.06%) and Vigilant Capital Management LLC (0.05%). Company insiders that own Provident Bancorp stock include Charles F Withee, David P Mansfield, John K Bosen, Laurie H Knapp and Wayne S Tatro. View Institutional Ownership Trends for Provident Bancorp.

Who bought Provident Bancorp stock? Who is buying Provident Bancorp stock?

Provident Bancorp's stock was bought by a variety of institutional investors in the last quarter, including Basswood Capital Management L.L.C., Bank of New York Mellon Corp, Oakmont Partners LLC, Deutsche Bank AG, Vigilant Capital Management LLC and Wells Fargo & Company MN. Company insiders that have bought Provident Bancorp stock in the last two years include Charles F Withee, David P Mansfield, John K Bosen, Laurie H Knapp and Wayne S Tatro. View Insider Buying and Selling for Provident Bancorp.

How do I buy Provident Bancorp stock?

Shares of Provident Bancorp 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 Bancorp's stock price today?

One share of Provident Bancorp stock can currently be purchased for approximately $24.10.

How big of a company is Provident Bancorp?

Provident Bancorp has a market capitalization of $232.05 million and generates $45.74 million in revenue each year. The bank earns $7.91 million in net income (profit) each year or $1.07 on an earnings per share basis. Provident Bancorp employs 128 workers across the globe.

How can I contact Provident Bancorp?

Provident Bancorp's mailing address is 5 Market St, AMESBURY, MA 01913-2408, United States. The bank can be reached via phone at +1-978-3880050.


MarketBeat Community Rating for Provident Bancorp (PVBC)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  39 (Vote Outperform)
Underperform Votes:  41 (Vote Underperform)
Total Votes:  80
MarketBeat's community ratings are surveys of what our community members think about Provident Bancorp 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

Provident Bancorp (NASDAQ:PVBC) Analyst Ratings History


No equities research coverage for this company has been tracked by MarketBeat

Earnings

Provident Bancorp (NASDAQ:PVBC) Earnings History and Estimates Chart

Earnings by Quarter for Provident Bancorp (NASDAQ:PVBC)

Provident Bancorp (NASDAQ PVBC) Earnings History by Quarter

DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
1/25/2018Q4 2017$0.41$13.04 millionViewN/AView Earnings Details
10/19/2017Q3 2017$0.30$11.13 millionViewN/AView Earnings Details
7/20/2017Q2 2017$0.17$9.01 millionViewN/AView Earnings Details
4/20/2017Q1 2017$0.20$8.83 millionViewN/AView Earnings Details
1/26/2017Q4 2016$0.19$7.94 millionViewN/AView Earnings Details
10/20/2016Q3 2016$0.19$8.08 millionViewN/AView Earnings Details
7/14/2016Q2 2016$0.15$7.31 millionViewN/AView Earnings Details
4/21/2016Q1 2016$0.16$7.22 millionViewN/AView Earnings Details
(Earnings results data provided by Zacks Investment Research)

Estimates

Provident Bancorp (NASDAQ:PVBC) Earnings Estimates

No earnings estimates for this company have been tracked by MarketBeat.com

Dividends

Dividend History for Provident Bancorp (NASDAQ:PVBC)


No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Provident Bancorp (NASDAQ PVBC) Insider Trading and Institutional Ownership History

Insider Ownership Percentage: 2.68%
Institutional Ownership Percentage: 19.28%
Insider Trades by Quarter for Provident Bancorp (NASDAQ:PVBC)
Insider Trades by Quarter for Provident Bancorp (NASDAQ:PVBC)

Provident Bancorp (NASDAQ PVBC) Insider Trades by Quarter

Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
12/13/2017David P. MansfieldCEOBuy4,255$23.45$99,779.75View SEC Filing  
8/1/2016John K BosenDirectorBuy215$15.99$3,437.8510,000View SEC Filing  
7/29/2016John K BosenDirectorBuy2,900$15.97$46,313.0010,000View SEC Filing  
7/21/2016Laurie H KnappDirectorBuy304$15.90$4,833.603,454View SEC Filing  
7/20/2016Charles F WitheeInsiderBuy3,000$15.94$47,820.00View SEC Filing  
5/16/2016Wayne S TatroDirectorBuy80$14.09$1,127.20View SEC Filing  
7/15/2015Carol L HouleCFOBuy15,000$10.00$150,000.00View SEC Filing  
7/15/2015David P MansfieldCEOBuy25,000$10.00$250,000.00View SEC Filing  
7/15/2015Laurie H KnappDirectorBuy10,150$10.00$101,500.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Provident Bancorp (NASDAQ PVBC) News Headlines

Source:
DateHeadline
Provident Bancorp, Inc. Reports Earnings for the December 31, 2017 Quarter and YearProvident Bancorp, Inc. Reports Earnings for the December 31, 2017 Quarter and Year
finance.yahoo.com - January 25 at 4:53 PM
Provident Bancorp (PVBC) Set to Announce Quarterly Earnings on WednesdayProvident Bancorp (PVBC) Set to Announce Quarterly Earnings on Wednesday
www.americanbankingnews.com - January 17 at 2:26 AM
Insider Buying: Provident Bancorp Inc (PVBC) CEO Buys 4,255 Shares of StockInsider Buying: Provident Bancorp Inc (PVBC) CEO Buys 4,255 Shares of Stock
www.americanbankingnews.com - December 18 at 6:20 PM
Provident Bancorp, Inc. :PVBC-US: Earnings Analysis: Q3, 2017 By the Numbers : December 18, 2017Provident Bancorp, Inc. :PVBC-US: Earnings Analysis: Q3, 2017 By the Numbers : December 18, 2017
finance.yahoo.com - December 18 at 4:42 PM
ValuEngine Lowers Provident Bancorp (PVBC) to HoldValuEngine Lowers Provident Bancorp (PVBC) to Hold
www.americanbankingnews.com - December 2 at 7:42 PM
Provident Bancorp posts 3Q profitProvident Bancorp posts 3Q profit
www.cnbc.com - October 19 at 8:49 PM
Provident Bancorp, Inc. Reports Earnings of the September 30, 2017 QuarterProvident Bancorp, Inc. Reports Earnings of the September 30, 2017 Quarter
finance.yahoo.com - October 19 at 8:49 PM
Provident Bancorp, Inc. (PVBC) Scheduled to Post Earnings on WednesdayProvident Bancorp, Inc. (PVBC) Scheduled to Post Earnings on Wednesday
www.americanbankingnews.com - October 11 at 1:56 AM
ETFs with exposure to Provident Bancorp, Inc. : September 25, 2017ETFs with exposure to Provident Bancorp, Inc. : September 25, 2017
finance.yahoo.com - September 25 at 12:43 PM
Provident Bancorp, Inc. :PVBC-US: Earnings Analysis: Q2, 2017 By the Numbers : September 22, 2017Provident Bancorp, Inc. :PVBC-US: Earnings Analysis: Q2, 2017 By the Numbers : September 22, 2017
finance.yahoo.com - September 22 at 2:53 PM
Provident Bancorp, Inc. Reports Earnings of the June 30, 2017 QuarterProvident Bancorp, Inc. Reports Earnings of the June 30, 2017 Quarter
finance.yahoo.com - July 21 at 6:26 AM
Provident Bancorp, Inc. (PVBC) Raised to "B-" at TheStreetProvident Bancorp, Inc. (PVBC) Raised to "B-" at TheStreet
www.americanbankingnews.com - July 19 at 9:19 PM
ETFs with exposure to Provident Bancorp, Inc. : July 5, 2017ETFs with exposure to Provident Bancorp, Inc. : July 5, 2017
finance.yahoo.com - July 6 at 8:15 AM
PROVIDENT BANCORP, INC. Files SEC form 10-K/A, Annual ReportPROVIDENT BANCORP, INC. Files SEC form 10-K/A, Annual Report
biz.yahoo.com - March 28 at 7:11 PM
PROVIDENT BANCORP, INC. Files SEC form 8-K, Other Events, Financial Statements and ExhibitsPROVIDENT BANCORP, INC. Files SEC form 8-K, Other Events, Financial Statements and Exhibits
biz.yahoo.com - January 28 at 5:51 AM
Provident Bancorp, Inc. Reports Earnings for the December 31, 2016 Quarter and YearProvident Bancorp, Inc. Reports Earnings for the December 31, 2016 Quarter and Year
us.rd.yahoo.com - January 27 at 1:45 AM
PROVIDENT BANCORP, INC. Files SEC form 8-K, Change in Directors or Principal Officers, Financial Statements and ExhibPROVIDENT BANCORP, INC. Files SEC form 8-K, Change in Directors or Principal Officers, Financial Statements and Exhib
biz.yahoo.com - November 29 at 1:57 PM
PROVIDENT BANCORP, INC. Files SEC form 8-K, Change in Directors or Principal Officers, Submission of Matters to a VotPROVIDENT BANCORP, INC. Files SEC form 8-K, Change in Directors or Principal Officers, Submission of Matters to a Vot
biz.yahoo.com - September 22 at 6:34 PM
PROVIDENT BANCORP, INC. Files SEC form 8-K, Results of Operations and Financial ConditionPROVIDENT BANCORP, INC. Files SEC form 8-K, Results of Operations and Financial Condition
biz.yahoo.com - July 15 at 12:05 PM
PROVIDENT BANCORP, INC. Files SEC form 8-K, Change in Directors or Principal OfficersPROVIDENT BANCORP, INC. Files SEC form 8-K, Change in Directors or Principal Officers
biz.yahoo.com - May 31 at 4:02 PM
Provident Bancorp posts 1Q profitProvident Bancorp posts 1Q profit
www.cnbc.com - April 22 at 2:25 PM
Provident Bank Gives Back to the Community - Donates Over $400,000 Through the Community Partnership ProgramProvident Bank Gives Back to the Community - Donates Over $400,000 Through the Community Partnership Program
www.nasdaq.com - April 5 at 1:17 PM
Provident Financial Services, Inc. Schedules First Quarter Earnings Conference CallProvident Financial Services, Inc. Schedules First Quarter Earnings Conference Call
www.nasdaq.com - April 1 at 1:45 PM
PROVIDENT BANCORP, INC. Files SEC form 10-K, Annual ReportPROVIDENT BANCORP, INC. Files SEC form 10-K, Annual Report
biz.yahoo.com - March 30 at 2:13 PM
PROVIDENT BANCORP, INC. Files SEC form 8-K, Other EventsPROVIDENT BANCORP, INC. Files SEC form 8-K, Other Events
biz.yahoo.com - December 28 at 4:33 PM
PROVIDENT BANCORP, INC. Files SEC form 10-Q, Quarterly ReportPROVIDENT BANCORP, INC. Files SEC form 10-Q, Quarterly Report
biz.yahoo.com - November 12 at 6:07 PM
PROVIDENT BANCORP, INC. Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and EPROVIDENT BANCORP, INC. Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and E
biz.yahoo.com - October 23 at 11:33 AM

SEC Filings

Provident Bancorp (NASDAQ:PVBC) SEC Filings

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Social Media

Financials

Provident Bancorp (NASDAQ:PVBC) Income Statement, Balance Sheet and Cash Flow Statement

Chart

Provident Bancorp (NASDAQ PVBC) Stock Chart for Saturday, February, 24, 2018

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This page was last updated on 2/24/2018 by MarketBeat.com Staff

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