Provident Bancorp Stock (NASDAQ:PVBC)


RevenueOwnershipFinancialsChart

Previous Close

$13.10

52W Range

$10.38 - $13.75

50D Avg

$12.68

200D Avg

$12.11

Market Cap

$240.07M

Avg Vol (3M)

$52.56K

Beta

0.26

Div Yield

-

PVBC Company Profile


Provident Bancorp, Inc. serves as the bank holding company for The Provident Bank, delivering a wide array of financial products and services to both individual consumers and small businesses throughout the United States. Its deposit offerings encompass checking, term certificate, negotiable order of withdrawal (NOW), money market, and savings accounts, alongside certificates of deposit. The corporation additionally provides a diverse suite of lending options, including commercial real estate, multi-family residential real estate, commercial business, construction and land development, mortgage warehouse, one-to-four family residential, and consumer loans, as well as home equity loans and lines of credit. Beyond banking services, it also makes investments in securities and state and municipal bonds. As of December 31, 2021, Provident Bancorp operated from its main office and six branch locations across Amesbury and Newburyport, Massachusetts, and Bedford, Exeter, Portsmouth, and Seabrook, New Hampshire. Furthermore, it managed two loan production offices situated in Boston, Massachusetts, and Ponte Vedra, Florida. The company, established in 1828, maintains its corporate headquarters in Amesbury, Massachusetts.

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Industry

Banks - Regional

Sector

Financial Services

Exchange

NASDAQ

ADR

-

Country

US

Employees

177

IPO Date

Jul 16, 2015

Website

PVBC Performance


Revenue Breakdown


Revenue Breakdown by Product/Service

Product/ServiceDec 19
Deposit Account$1.45M
Bank Servicing$1.78M

Fiscal year ends in Dec 24 | Currency in USD

PVBC Financial Summary


Dec 24Dec 23Dec 22
Revenue$55.40M$65.91M$81.18M
Operating Income$15.95M-$-22.96M
Net Income$7.27M$10.95M$-21.47M
EBITDA--$-26.16M
Basic EPS$0.43$0.66$-1.30
Diluted EPS$0.43$0.66$-1.30

Fiscal year ends in Dec 24 | Currency in USD

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